How to Set Realistic Expectations When Investing

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I think you need to be realistic as well. It's easy to sit down at the beginning and think, I'm going to hit a 60% savings rate. What is that possible over the long term? And I remember when I sat down on the I taught, I would reach financial independence by the time by 10 years. If I go any more than that, I'm taking away from my kids, my wife and what they want to do. So I don't want to do that either. But it took me probably a year to figure that out because I didn't do that activity.

For the News of the Week, we started the show by talking about Germany which has now officially entered into a technical recession. As the biggest market in the EU, the market did not overreact to this news. Was it already priced in?

Medtronic ($MDT) released full-year results and EDGI gives a brief rundown on the results. The Share price has dropped to 81.50 USD while the company hiked its dividend by 1.5%. Derek questions the dividend safety of the company.

Dividend Increases:

Lowe's Companies hikes dividend by 5%
Guess hikes the dividend by 33.3%
LyondellBasell Industries hiked the dividend by 5%.

Main Topic

In the main topic, both EDGI and Derek give 5 points each around what they wish they knew before starting investing.

Key points include

Investing regularly is not easy
Have a plan and stick to it
You cant borrow conviction
Dividend Safety
Numbers don't lie. Humans do

We finish the show with questions from the community where we talk about tickers such as $SBUX, $LIGHT, $JNJ, $ABBV, $VHYL, $WSM

Links mentioned in the show

Ep #9 – How we perform fundamental analysis - Dividend Talk

EP #21 – Why the balance sheet of a company is so important to us - Dividend Talk

EP #32 – How to spot a company in decline - Dividend Talk

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