Weekend Roundup Week 30

“Most people work just hard enough not to get fired and get paid just enough money not to quit”

George Carlin

Back to the workplace this week was a little bit strange in that the place was only half full. We are on a rotation so there is not too many people in the workplace at the one time.

Part of me enjoyed been back in work and being around other people but the other part of me enjoys the freedom of working from home.

Location Location Location!

Met with our potential new JV partners this week. Had a good chat with them for a couple of hours and we will be looking to progress something in the coming weeks ahead. I’m super excited for this to go ahead.

Dividend Discount Model

Being doing a bit of work on the dividend discount model this week. The Sundayinvestor was kind enough to share with me an excel model that I have converted to a gsheet. More than happy to share with anyone interested. I am in the middle of writing about what I learned and hope to have this post out soon!

Here is a pretty cool video on the subject!

Earnings report

IBM

This week I have spent a bit of time on earnings reports from IBM and KO as I have both in my portfolio.

On first glance IBM looked like they did okay, they beat expectations and Red Hat and the cloud segment performed extremely well.

However it was not all good news as the rest of the business has not performed particularly well.

For a full analysis of IBM check out Just-Dividends Post here! Provideds some awesome content and infographics. I was actually meant to mention this post in the last episode of Dividend Talk but I’m blaming the single glass of whiskey I had for forgetting to mention it!!!

KO

Coca-cola posted mixed quarter reports as revenue fell 28% with its EMEA channels hit the hardest which saw a 37% dropoff.

There was some positive news as the trend has been improving July’s unit case volume month to date was down single digits global. A trend that has been increasing as lockdown restrictions ease.

Interesting Blogs

Thoughts About Money, Happiness And A Stress-Free Life from Route 2 FI really struck a chord with me today. My wife always jokes that I am never happy because as soon as I get what I want I quickly move on to the next goal. I am always setting the bar higher and higher. The problem is where does this bar end!

But then, why do we always strive for more? Why can’t I just be happy with what I’ve saved so far? One answer is gratitude. You can have all the money and achievements in the world. But, if you are grateful for nothing, it’s like no matter what you make or do, life simply will not get any better.

I believe the above snippet from Route 2 FI really sums up why we always strive for me. I have always threatened to start a gratitude journal but it has always been put on the long finger. This post has inspired me to shorthen the finger a little bit and start a journal tonight!

Interesting Podcasts

This week it is not so much a podcast but a webinar that I found really useful.

https://www.entrepreneursuccess.ie/business-growth-webinar-grnts-for-covid/

As a small business owner I can certainly understand the problem with being self employed. The whole business revolves around you. If you take “you” out of the equation than the business can no longer run! or so you think!

Being a Business Owner is much different than being self employed. Instead of the business revolving around you, there are systems and plans in place to make sure that a business can run no matter who is in charge. As someone who is self employed and feels like time a luxury I no longer have, I defiantly want to make that transition from being self employed to being a business owner over the course of the next 12 months.

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