My stock pick of the week

My stock pick of the week is: NAVIOS MARITIME PARTNERS L.P (NMM)

With a current 12.3% annual dividend yield, it a bit of risk, where the dividends may get reduce, but they have been actually slowly increasing their quarterly dividends  from $. 017 starting in 2008 to now  a $.443. In addition, their  balance sheet remain okay, even when the rest of the shipping business have been having trouble with way too many ships. They also have a very strong foothold  in Latin America which is growing  at a rapid pace.

Again, remember all investment carry some risk, so this is an investment  for  people who can wait for  a minimum of 5 years, that is money you will need in the next 5 years should never be in the stock market . And no matter how good, investments, DO NOT put all you money in anyone such investment ( see my book ” Safer 401K Investing”      http://www.theofficialmoneycoach.com/buy-the-book.html on my 30/70%

If you work, then make sure your money work even  harder for you, Have a Happy Healthy and Wealthy Day

Love Always

Sherwin.

Sherwin Brown

About Sherwin Brown

Sherwin has been an entrepreneur since he was twelve years old. He currently teaches, writes, and speaks to people about how to improve and safeguard all aspects of their financial portfolios.

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