The last one month has seen the stock price of the S&P 500 decline by more than 8%, and 8.22% to be exact (as of Labor Day weekend)! There are many things working AGAINST the market at this point in time – China, Oil prices, Canada officially in recession, as well as many other global crises occurring. However, and most importantly – I feel that consumer sentiment is also moving against the market, as the Michigan survey has indicated a downslide from July 2015 to August 2015. What does this stock market downturn mean for Dividend Investors? One Word. Opportunity. Continue reading
Tag Archives: Dividend
Recent Buy
Last weekend, Lanny and I put together a watch list and man was I determined to purchase one of the two stocks I was watching. I know I couldn’t have gone wrong picking either of the stocks; however, I only had enough capital to purchase one. Which stock was it? Let’s take a look and find out.
Bert’s July Income and Expense Summary
Man oh man does it feel weird to be writing one of these articles again. Similar to Lanny, I had taken a few months off of writing an income and expense article for a variety of reasons. Through switching jobs again, traveling for my old job, and insert any life activity, time has been at a premium. Enough with the excuses from my end! While Lanny performed a 3 month income summary earlier in the month, I decided to forgo summarizing the last three months and instead focus solely on July. But don’t worry, I will update our Savings Challenge page to display the last 3 months since one of my annual goals is to defeat the Dividend Diplomats Savings Challenge 6 times this year! Let’s see how I performed in July.
Lanny’s Recent Purchase – NSC
I’m back at it again! The market again, has taken a downturn south and one of my newly created positions from last month went on sale this week/today more specifically. Sometimes… if you have the idle cash it’s best to use that and average down a position that you want to build, buy more income for less and smile as you do it. I was lucky enough to do just that, I made a purchase today to a position I already have. Let’s take a look on who that was.
July Dividend Income from YOU the bloggers
We first published this article in May and decided to bring it back for another installment this July! One of the best aspects of the dividend growth community is the sharing of knowledge, ideas, and motivation that assist each and every one of us in our relentless pursuit of financial freedom. This article will contain a summary of July Dividend Income blog posts throughout the community. They are in no particular order and if we inadvertently omitted our income summary, please share your results in the comments section and we will do our best to include you going forward. July was a huge month for the two of us, so let’s see if the dividend investing community shared similar successes!
Recent Buy – IBM
As it turns out I was not able to sit on the sidelines too long after my purchase of Emerson Electric last week. On Friday I was paid, which means I had $400 readily available to invest since I have a portion of my paycheck automatically deposited into the checking account linked to Sharebuilder. I have been watching a lot of stocks over the last month or so as a result of the Greece turmoil and the general pullback in the market that recently occurred, which has caused a lot of great dividend growth stocks to become discounted. I purchased one of the stocks on these watch lists, the question is…which stock was it?
Lanny’s Recent Purchase – DOW
The market hit a nice turn again for the worse, after a earnings have started to be released for companies. I saw the red, the deep red and I had to put in a nice little limit order on a stock, where it was already down over 6% from a price I recently looked at it… I didn’t really thing it would get lower… lower it did. Now let’s take a look at the purchase.