Dividend Stock Watch List: Lanny’s December 2022 Edition

Welcome back to another dividend stock watch list article!  The stock market is still down almost 16% year-to-date, as November showed a positive return.  The S&P 500 has dipped a few times in the 20%+ territory, but there is still time to find discounted stocks.

What does that mean?  Undervalued dividend stocks to buy now, baby!  As a frugal individual and dividend investor, I love nothing more than buying dividend stocks on sale!  Bring it on recession and upcoming interest rate hikes, just bring it!

Therefore, as I do every month, here is the Dividend Stock Watch List for December 2022! Continue reading →

Target: Avoid This Stock or Buy This Stock on Sale This Cyber Monday?

Target is off to a rough 2022. The stock price is down 30% year to date and was crushed after its latest earnings release.  Target is a Dividend King that has gone through rough stretches before.  When a company’s stock price is down, that is when we typically like to act. Therefore, in today’s article, we will perform a stock analysis for Target to determine if the company’s stock is on sale or if it is a stock to avoid in the short term!

Continue reading →

STOP Making Extra Mortgage Payments on Your LOW Rate Mortgage

If you obtained a mortgage at any point from 2010 through early 2022, there is a good chance your mortgage rate is at or below 4.50%.

The wise person makes at least one extra full mortgage payment per year, to knock off years and interest off their mortgage.  No question that’s a great way to save money and save time on your mortgage.  This mechanism definitely can help you on your journey to financial freedom!

However, this blog post may be long overdue.  You should STOP making EXTRA mortgage payments on your LOW interest rate mortgage, if you have not already! Continue reading →

WestRock (WRK) A Dividend Stock Comeback Story

Yes, this is a random WestRock (WRK) dividend stock, come back story.  Why is it a comeback?  WestRock decimated their dividend during the height of the pandemic from COVID-19.  One of the world’s biggest, packaging companies reduced their dividend to $0.20 per share, per quarter from the high of $0.465.

WesetRock reduced their dividend 2.5 years ago.  Therefore, 2.5 years have gone by and they just recorded record revenue for their 4th quarter sale.  Now that it appears they’ve been cruising along during this potential recession, how does this stock look, now?  Is WestRock saying, “Don’t call it a comeback!” Continue reading →