The hustle and grind continues everyone! January and February were incredible months for dividend investors as a lot of companies decided to provide their shareholders with a nice dividend increase. Even though those results weren’t reflected yet in each blogger’s dividend income summary, that didn’t stop so many of you from posting incredible results during the shortest month of the year. Here is the latest installment of our Dividend Income from YOU the Blogger’s series!
The market is actually down now, year-to-date. Luckily, it’s not just one company here or there, that is bringing the whole ship south. Instead, there are a vast number of companies that are seeing their price movements turn downward, unlocking value in the market place. As dividend investors, this is news that we all love to see. When there are macro-events in the economy, such as tariffs, trade wars, interest rate movements and technology enhancements – this usually leads me to go into one direction, when evaluating what dividend stock to buy. The industry that has shown signs of value, for the price, is the consumer industry! I want to do a comparison of a few stocks within that industry.
Are you holding on tight? This market has been absolutely insane. Wait, that is an understatement. This market has been gut wrenching-ly amazing, for those that have capital, that is. A ton of capital, we do not have, but we each had enough to make a separate purchase into a company that we both have had an eye for. In fact, Lanny purchased this company just a few weeks ago and couldn’t get enough of it. As the winter has continued on, we have our heat going and our energy bills are staying consistent, to which Dominion (D), has surely enjoyed that. We each made a separate purchase in Dominion (D) earlier this week!
I hope at this point it is not a secret that Lanny and I are doing whatever it takes and side-hustling our tail off to earn every extra dollar we can. In fact, I am earning some Swagbucks as I am writing this article as I have a video running in the background. We always say that every dollar counts and every dollar makes a difference in our pursuit of financial freedom. I’ve been thinking long and hard about that phrase recently, especially as I spend hours staring at a computer watching spreadsheets open at work or I walk to the water cooler for a needed break. After a conversation with Lanny at the water coolers one of those days, something he said caused a light bulb to suddenly turn on and I cannot wait to starting using my side hustle income in a different manner, to paydown my mortgage.
Time to warm up the month of March with my dividend stock watch list! As everyone is drinking their Green Beer today, for good old Saint Patrick’s Day, I am in my upstairs room, researching and cranking out this article. Why? Well, busy season is winding down and I have never been more motivated to invest into dividend stocks, in order to keep stepping forward on the journal of financial freedom. Please, go grab that hot cup of coffee and sit back to read my dividend stock watch list for the month of March!
The cold, dark days of February were upon us. Freezing cold temperatures, shoveling snow (what felt like every day), and long hours, man it was a “fun” month. But despite everything, the two of us never side hustling and trying to earn every extra dollar possible and MAKE EVERY DOLLAR COUNT. You can’t take the hustle out of the Diplomats! Let’s see how much we were able to earn in our February Side Hustle Report.
I couldn’t hold back any longer. Time to take the thinking of making a purchase and, instead, just buying when the metrics are right. The metrics were right for me in this instance. A few days ago, I made my second dividend stock purchase of the year and it was a “safer” play, some may say. Let’s just say, the winter has been very, very cold this year and that usually means larger than normal gas bills. I decided to buy a dividend stock, that will help offset those utility bill increases! Let’s see what dividend stock I purchased to warm up the portfolio.