Market Wrap-Up for Feb.4 (AET, WY, MA, K, SPG, AVB, more)

Talk about a confusing jobs number this morning! The estimates were for 150K new jobs, but instead the number came in at 36K. Yet the unemployment rate fell from 9.5% to 9%. Now I consider myself to be pretty good at math, but what formula was used to come up with these results? The market certainly didn’t have any trouble with the number as an afternoon rally pushed up to finish higher on the day. Aetna ( AET ) and Weyerhaeuser ( WY ) received some love from buyers following earnings results. Aetna also raised their dividend payout from $.05 to $.60 on an annualized basis. That’s certainly a bit more of respectable payout from this health insurance giant. Mastercard ( MA ) and Kellogg ( K ) continued to see upside from yesterday’s earnings results as well. On the downside today were REITs following results that failed to excite investors. Simon Property Group ( SPG ) and AvalonBay Communities ( AVB ) paced the way lower. Be sure to check out the list of 10 dividend stocks we removed from our recommended list if you did not read the e-mail alert that we sent out earlier. As I mentioned yesterday, I am just starting my preparation for national radio interviews for my upcoming Be a Dividend Millionaire book as well as discussions on dividend investing, and of course Yesterday afternoon, I had my initial interview with my media team. The process is to identify key areas of discussion for my future interviews as well as pointers to make the interviews as captivating as possible. I’m not sure how long the interviews will be, so you need to have game plans to hit all your key points in whatever time is allotted. One of the people I was working with yesterday afternoon is a baby boomer who is worried about not having enough income built up for her retirement. What I did was point her to our Compounding Interest Calculator , and by the end of the call, she said I’d inspired her and given her hope! Think about this example: you are just about to turn 50 years old and have not yet saved a dime (it’s quite common – check out the data below that was just released by the Harris Poll just yesterday). Believe it or not, even at 50, you still…

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Market Wrap-Up for Feb.4 (AET, WY, MA, K, SPG, AVB, more)

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