Welcome back to another month of Dividend Stock Purchases! The last 3 months have been heavy on our investment front. Now the question that the community is wondering – was I able to keep the dividend stock purchase pace up? The journey to financial freedom does not take breaks and one must continue to persevere through uncertainty, put cash to work and push that forward dividend income forward. September was no different, time to dive in!
August marked a huge month on our journey towards financial freedom. We crossed a major dividend milestone. I wrote about how we crossed $12,000 in annual dividend income and now earn an average of over $1,000 per month in dividend income. Even without the milestone, August was very exciting. As usual, I”m going to show you exactly why. Each month, we summarize the dividend income we received to help monitor our progress and continue to push ourselves. Please continue reading my August dividend income summary!
Hope everyone enjoyed Labor Day! The stock market continued to surge OVER 7% during the month of August! Then, the HEROES ACT or HEALS ACT still sits in Congress, as they are on recess and they make attempts to finalize the next economic stimulus package. Dividend income, though, continues to be a very hot topic, as us investors away announcements, fearing the potential dividend cut.
In August, we set ANOTHER record for dividend earnings and it shows proof that dividend income is one of the best passive income streams. Time to dive into my August 2020 dividend income results!
Dividend increases are a major foundation of our financial freedom plan. We are building our dividend income, which is the EASIEST form of passive income, to eventually cover our monthly expenses. A key piece of this strategy is investing in companies that increase their dividend. Why? We want our dividend income stream to grow! Who wants their income to remain stagnent and lose purchasing power!
That is why we are constantly monitoring our dividend stocks for dividend increase announcements. It is a hobby the two of us love and are always discussing with each other. One day, we decided to share this exercise with ALL OF YOU. Therefore, each month, we publish a list of the expected dividend increases in the coming month.
June and July were heavy dividend stock purchase months. Now the question that the community is wondering – was I able to keep the pace up? The journey to financial freedom does not take breaks and one must continue to persevere through uncertainty, put cash to work and push that forward dividend income forward. August –
What another month it has been in the stock market! The tradition, however, continues to march on, as the dividend income from YOU the bloggers article brings in the true F.I.R.E.! We are all on a form of financial independence journey and we are primarily using dividend income as our main source of passive income to reach financial freedom. The July installment of this article highlights 51 separate journeys and each of their July dividend income summaries. Continue reading
The Stock Market is back to their All-Time Highs again. One would have thought a global pandemic, a life threatening virus, would rupture the stock market for more than 3-5 months. As a dividend investing, striving for financial freedom, this has made my plans slightly difficult, due to low earnings and high valuations. Therefore, my wife & I have been Investing $500 weekly with Vanguard ETFs and we’ll go over exactly WHY!