After a complete year of silence, the Dividend Monk is Back, but a few things will change.
On March 23rd 2015, the Dividend Monk was transferred to Mike, the owner of The Dividend Guy Blog. I could have faked being Matt (the original author) and let you think that you are still reading his work, but I prefer to be transparent with you and keep his dividend stock analysis methods and writing style intact.
Who’s Mike, Who’s The Dividend Guy?
First and foremost, I’m a passionate investor. I have a CFP title, a BAA in finance and an MBA. I’m happily married with three wonderful children and currently work in the financial industry. I started investing in 2003 using leverage techniques and bought my first house in 2006 with cash down coming from my trading successes. I have been writing blogs since 2006 and own several websites. I love my day job, but I also want to keep a very good sideline in case anything happens. In June 2010, I bought The Dividend Guy as I wanted to share my passion for investing with readers. I have authored this blog since then and have even written a book and created an investing platform. My goal throughout the years remains the same: share my passion for investing with my readers and helping them in their investment journey.
Why Buy the Dividend Monk?
You might think that with a dividend blog already, I could be busy enough and there would be little to no purpose of writing for a second one and you could be right. To be honest, I wouldn’t buy most dividend websites I read on a weekly basis simply because they are quite similar to mine. In business, we would call this cannibalism since I would only split the same readership amongst the two blogs.
The reason I bought Dividend Monk (DM) is because it is quite different from The Dividend Guy Blog (DGB). I’ve always appreciated the more analytical side of DM which I never developed on my own blog. This is why I will keep the structure and calculations he uses to analyze a company. While I make jokes from time to time on DGB, DM will remain serious and go deeper with its analysis.
This will also answer a good question I keep having from my own readers: when buying a stock? When is the value right? Using the dividend discount model is a great way to determine the value of a company and, therefore, the right moment to buy it. This is why I will keep using the DM Toolkit to analyze companies from a different angle than I use on my own blog. It’s just easier for me to separate the two types of analysis on two different websites. I hope you will like the work produced here.
Matt is Still on Board for the Newsletter
In our agreement, Matt will continue writing newsletter issues. Not all of them, but he will still be around. I’m happy to count him on my team as he will continue to add great value to the investing newsletter.
I’m excited to start this new adventure and hope you will have great success in your investing journey!
The Dividend Guy… and the Dividend Monk ;-)