“The people who want to achieve and aspire to be very good in their profession don’t mind the way we do things. It’s not normal to want to be as good as you can be. It’s normal to be average. “
– Nick Saban, Head Football Coach, University of Alabama
Ok, I’ll go ahead and fess up. I am a college football fan, more specifically a University of Alabama football fanatic (Roll Tide!). Unfortunately, we have drifted in and out of mediocrity since Coach “Bear” Bryant retired after the 1982 season. We have had highs like winning our 12th national championship in 1992 and lows of being put on NCAA probation in 2002. We have changed coaches many times since 1982 and each time I hoped the new coach would be a winner. I never knew what was coming, until Coach Saban was hired.
From the first time I heard Coach Saban speak, it was no longer a matter of if we would return to our past championship ways, I knew it was only a matter of time. This is a man that will not settle for average. He points out in his book that his philosophy and teachings are not football specific. They can be applied to anything in life, including your family, your job or even your portfolio.
So many people just put their money in an index fund and are content with earning slightly below average returns (slightly below average = average – a management fee). Don’t get me wrong, that’s ok for most people. If someone doesn’t have the time, desire or aptitude to personally manage their investments, they should be commended for saving the best way they know how.
However, my goal is never to be average. For a market average to exist there must be stocks above and below the midpoint. I’m willing to sacrifice and put in the time and effort necessary to be above average. Time and effort doesn’t always equate to success, but it sure doesn’t hurt. I would have much rather tried and failed than to have never tried at all.
I’m pumped! Let’s go analyze some stocks! Roll Tide!
Full Disclosure: See a list of all my income holdings here.
- Is It Time To Sell Long-Bonds?
- Stocks That Pay Monthly Dividends
- When To Sell A Dividend Stock
- My Top 6 Performing Dividend Stocks Just Might Surprise You
- 10 Stocks With Sustainable Dividend Growth
Popular Posts - Last 7 days
Presented below are my dividend stock and ETF/CEF holdings. This is not a recommendation to buy these securities. I have classified some of...
For many investors, there is no clear conviction as to how they should invest. Today’s investments are guided by what was read yesterday, a...
Monday, October 31, 2011 will mark my fourth full year of writing as Dividends4Life . It is hard to believe another year has passed. Like th...
The Industrials Sector consists of companies that manufacture products or provide business services. The products are often inputs or raw m...
Linked here is a detailed quantitative analysis of T. Rowe Price Group Inc. (TROW). Below are some highlights from the above linked analysi...
Like many that came before me, I am on a journey to construct a portfolio that will provide me... Dividends 4 Life
Each Sunday I highlight the Carnivals I participated in over the past week, along with any notable articles that I came across. For those re...
Linked here is a detailed quantitative analysis of Johnson & Johnson (JNJ). Below are some highlights from the above linked analysis: ...
There are income investors and Dividend Growth investors. While the distinction is rather simple, it slips past many casual observers. Inco...
One of the most asked questions I get is, 'When should I start investing?' The implication is that now is not a good time. Either th...