April was overall another positive month for the market, after a wild ride down in the mid-to-end of March. There were dividend suspensions across the retail industry and even dividend cuts, including one from a major oil player that did not cut their dividend since the World War days. Time to dive into April’s dividend stock purchase activity!
March was the most interesting month, in quite some time, to say the least. We witnessed many down and up days of over 5%. As I am typing this, the market has had their best 4 day run since 1974, literally 46 years ago. This just goes to show you how low the market hit and even with this, the market is still undervalued. Could this be a teaser upswing, to set us up for the next bear drop? Who knows. What I do know is that the dividend stock purchases continued through the month of March!
I thought the end of February was insane for the market. During that time, I took advantage of some great deals in the stock market. But if March has proven anything to me, it is the importance of why you cannot try to time the market. Each day presents a new set of twists and turns, as more information and details come to light about the coronavirus and those impacted. The most important thing is we all do our best to stay healthy. Like Lanny this week, who wrote about how his family added $230 in dividend income from purchases in February, I also wanted to take some time and summarize my stock purchases from February.
On your journey to financial freedom or financial independence, you have to stay hungry out there. The stock market volatility from the extreme news & outbreak of the Coronavirus (COVID-19) displayed opportunity and one has to be ready to strike on a dividend stock when the price is right. Time to check out my February activity!
The first month is officially in the book. Lanny kicked off our round of purchase summaries by showing how he invested over $9,000 in the stock market in January! Amazing Lanny, just amazing. While we didn’t add anywhere close to that, we were able to move a little cash off the sidelines and into the market. Here are our January dividend stock purchases!
On your journey to financial freedom or financial independence, you have to stay hungry out there. The stock market showed opportunity and one has to be ready to strike on a dividend stock when the price is right. Time to check out my January activity!
On your journey to financial freedom or financial independence, you have to stay hungry out there. November was fairly quiet and December was no different. Not surprisingly, the market continued to surge but one must stay consistent and find that one undervalued dividend stock. Time to check out my December activity!