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The Cadances Journal

Notes on running your portfolio.

Clear, unhurried writing on portfolios, ETFs, dividends and tax, from the team building Cadances, the portfolio tracker.

By the Cadances teamNew piece every two weeks

More from the Journal

Value Investing

Value Investing· 10 min read

Nvidia Trades at 15 Times Earnings and Is Still Expensive

The same forecast makes Nvidia look cheap on a P/E and 23% overvalued on a cash flow model. The gap is not an opinion. It comes from three inputs, and one of them is a number most models still get wrong.

· 10 min read

Dividend Investing

Dividend Investing· 7 min read

The 20 Best Dividend Companies Are Not the 20 Highest Yields

We ranked the dividend aristocrats on five tests instead of yield alone. Four famous income names failed outright, and the number that did the most work was not the one most investors look at.

· 7 min read

Dividend Investing

Dividend Investing· 6 min read

Is PepsiCo's Dividend Safe? What the Payout Ratio Hides

PepsiCo has raised its dividend for 54 straight years, and its earnings payout ratio looks comfortable. Its cash tells a tighter story. Here is the five-part check that separates a dividend a company can afford from one it is borrowing to protect.

· 6 min read

Dark title card carrying the Cadances starburst mark, headed "Cadances vs Sharesight" over the question "Which portfolio tracker fits a dividend investor?"
Portfolio Management

Portfolio Management· 11 min read

Cadances vs Sharesight: Which Portfolio Tracker Fits a Dividend Investor?

Sharesight is the best-known portfolio tracker on the market. Cadances is built around dividend income and the tax that comes with it. Here is an honest look at where each one wins, so you can pick the right tool for the way you invest.

· 11 min read

A calculator app open on a phone resting on printed charts, next to a notebook and keyboard on a desk
Dividend Investing

Dividend Investing· 7 min read

How a Dividend Income Simulator Turns Reinvestment Into a Plan

Reinvested dividends compound quietly for years before the numbers turn dramatic. A dividend income simulator lets you see that curve in advance, and work out how much to contribute to hit your target.

· 7 min read

Glass office towers in a financial district photographed looking upwards
ETF

ETF· 3 min read

ETFs vs. Index Funds: A Beginner's Comparison

ETFs and index mutual funds can track the same market and charge similar fees, yet they differ in how you buy them, how they trade, and a few tax details. Here is how to tell them apart.

· 3 min read

Two investors reviewing portfolio charts on a laptop and a printed bar chart across a meeting table
Portfolio Management

Portfolio Management· 3 min read

Why Diversification Reduces Portfolio Risk

Spreading money across many investments does not just feel safer: there is a structural reason it lowers risk without necessarily lowering expected return. Here is the intuition.

· 3 min read

A smartphone on a desk showing a share price, its day chart and a Buy button in an investing app, beside a laptop
Dividend Investing

Dividend Investing· 3 min read

Understanding Dividend Yield: What It Measures and What It Misses

Dividend yield is one of the first numbers income investors look at, but on its own it can mislead. Here is what it actually measures, and the context you need around it.

· 3 min read

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