Brexit is over. I'm waiting for next shoe to drop ??

I read somewhere the best time to own a consistent dividend paying company is 30 years ago and the next best time is today. Basically we should not time the market and always be invested.

However I'm hoping the market gives me another opportunity like Brexit did this week.
I don't mind adding more some quality stocks at lower attractive entry prices.

My watchlist includes:
Qualcomm (NYSE: QCOM) (4% div yield) - got their chips in my phone, good stuff :)
Vodafone (NASDAQ: VOD) (5% div yield) - beaten down and unloved in UK
Boeing (NYSE: BA) (~3.3% div yield) - hope to grab some below $120/shr
Barclays (NYSE: BCS) (5% div yield) - beaten down UK bank, higher risk => higher return eventually ?
HSBC (NYSE: HSBC) (8% div yield!) - high yielding beaten down UK /Worldwide bank
GlaxoSmithKline (NYSE: GSK) (~5% div yield) - beaten down UK healthcare company



Disclaimer:
All information is provided as-is and is for informational purposes only.The stocks mentioned in this blog are not considered to be past, present or future recommendations to buy or sell them. Ideas presented are just my personal opinions and are NOT be considered as investment recommendations or advice. All investors should consult a qualified professional before trading any stock.

Stock Buy - General Motors (50 shares, $76 dividend income)

"Don’t throw out the baby with the bathwater" is the lesson that comes to my mind in this current stock market volatility. It seems like some quality stocks were sold off after Brexit and so I went discount shopping.

I added 50 shares of General Motors (NYSE:GM) after 2 straight down days in the US market. GM is the manufacturer of car brands Buick, Cadillac, Chevrolet (maker of popular electric Chevy Volt) and GMC. The company emerged from a 2009 bankruptcy restructuring with investments from Uncle Sam and has slowly return to profitability again.

With increasing sales growth in asia and investments in hybrid, electric and self-driving technologies such as recent purchase of Cruise Automation, I think the company is on the right path to sustainable growth. After a volatile past few days, their dividend yield is now over the 5% mark and this makes it both an attractive income and growth stock IMO.

This purchase will add $76 dividend income to my dividend stock portfolio

Basic info:
Market CAP: 41B     EPS:$6.68   Dividend: 1.52 (5.36%)

Cognitive Biases

I have been and may still be guilty of all these biases in trading and investing.

Human personality and psychology traits plays a huge part in the stock market game. I try to follow some combination of fundamental or technical analysis to help reduce bad decision making based on flawed thinking but it's more art than exact science.

I have tried day trading with mixed results. I have gambled on penny stocks and lost. I bought terrible speculative stocks and held them too long. After more than 10 yrs playing this game, I have settled on a combination of 5-10% short term trading and 90% in long term dividend reinvestment plans. It gives me the SWAN ("sleep well at night") feeling :))

Source: stockcharts.com

Infographic: Vancouver Real Estate Mania

Courtesy of: Visual Capitalist

One way to end poverty ? (universal basic income)

A universal basic income only makes sense if Americans change how they think about work (Vox.com)