Dividend cuts have, “slowed” in a way, as stay at home orders have been lifted and businesses are making their comeback. However, there is political tension and protests ongoing, as well as concerns over additional spikes in COVID-19 cases. Last, but not least, unemployment numbers are expected to produce a 15% unemployment rate for June.
Guess what doesn’t change, YOU the dividend investing community and the dividend income YOU are receiving!
“CASH IS DEAD! CASH IS DEAD! Read All About it.” In my head, I picture a newsboy from the beginning of the 20th century shouting as I read the article title. The sad reality is that it is true. Cash is dying. No, it isn’t at the hands of cryptocurrencies or apps (Venmo, Facebook, etc.). Cash is dying because the cash in your bank account is LOSING value rather than gaining value. In this article, I will explain this sad phenomenon and provide you with alternative ways to increase the value of your cash.
Loans give us a chance to do, buy, and experience things that you simply could never pony up the cash to do. They make owning a home possible. For most people, auto loans the ticket to buying a car. In some ways, loans are even an opportunity to build wealth. And in others, they’re an opportunity to spend like you could be wealthy.
There’s a catch. Borrowing money costs money – and it can cost a lot. You pay fees and interest on your loan, and if you have a higher than average loan interest rate, you could spend years paying interest before you even touch the balance.
If you want to borrow, you need these smart money tips to help you protect your finances when paying back a loan.
Given that the stock market has had roaring days for the most part of June, outside of one very, deep red day, it is time to re-visit what dividend stocks I am watching. We will call this Lanny’s Mid-June Dividend Stock Quick Picks. These companies are packed full of dividend history, growth and stand to do well during uncertain times! Continue reading
May was another fascinating month in the market. The number of green days significantly outnumbered the red days. For our portfolio market values, it was exciting to see. However, from a stock purchase standpoint, it was a little frustrating. As prices appreciated, the number of purchase opportunities slowly faded. Still, as you saw in Lanny’s May purchase article and you’ll see in mine, there were still opportunities to purchase strong, quality dividend growth stocks. Let’s dive right in and view my May dividend stock purchase summary.
The stock market continues to rise and dividend income keeps coming in. The uncertainty is still significantly high and the direction the stock market is going does not make sense. Time to see my May dividend income results below!