Okay everyone, we are almost 5 months into the year and how are we doing with our goals? Any stocks on the radar? Well, us Dividend Diplomats have a few stocks on our watch list and we are ready to dive into what we are seeing in the market, what undervalued dividend investing stocks are worth taking a peak at. Maybe some we already own or some we don’t even have a position yet. OR maybe a stock or two the other diplomat owns and we jealous and want a piece of the action! Whatever it may be – lets go take a look at what is on our May Dividend Stock Watch List!
Tag Archives: Dividend
Crossing $55,000 in Market Value & $2,000 in Dividend Income
As we mentioned in our blog’s one year anniversary post a few days ago, my portfolio has crossed a couple of major milestones recently and I am very excited to finally share them with the community. Over the couple of months, I have crossed both $55,000 in Market Value and $2,000 in Projected Dividend Income. I still can’t believe it, as it seems like just yesterday I was crossed $40,000 in market value (last June) and $1,750 in projected dividend income (last August). Two round, iconic numbers in my eyes. It has been a fun journey between milestones, so lets take a look at how I got there.
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Our One Year Bloggiversary!
One year ago, today, on May 15, 2014 – the Dividend Diplomats were created. Two young guys in public accounting, after constant discussions of investing, financial freedom, dividend stocks and life without the chains – they came to a meeting of the minds. 365 days have past and WOW what a ride it has truly been. (Lanny) has been reading the dividend investing community blog-o-sphere for more than 5 years and (Bert) has done this now for going on 2 years. Two guys that grew up in two different areas on Northeast Ohio – Lanny from Akron and Bert from Cleveland, one being Catholic and the other, er, uhm, Jewish, one being 6’3 and the other being 5’8, they still shared many things in common, one of those being – deep hearted passion about dividend income investing and to have this income to push them toward crossing the line of financial freedom. Time to take a look back at 365 days…
Bert’s Recent Purchase – NSC
Man has it been a busy couple of weeks purchasing stock and I couldn’t think of a better reason to be busy. Lanny purchased shares of Johnson and Johnson recently, and I am pretty jealous of him. JNJ is a great company and is a foundation stock that should belong in every dividend investors portfolio at some point. Nice pickup Lanny! But I couldn’t let him purchase stock without a response, right? So I also decided to purchase stock this week, and it is a company that fills a void in my portfolio. Let’s see which company was added this week!
Recent Purchase – ADM
The last couple of months has been pretty active for me. Since the beginning of February, I have either initiated a new position or re-upped my position in 6 stocks, with the most recent transaction occurring a few weeks ago when I purchased both CVX and PM. Well, I had some extra capital laying around and wanted to purchase a stock that has been on my radar for a while now. If you have followed our website over the last month, you will probably know which stock I purchased, as it has appeared in several articles recently.
Bert’s March Savings Rate Summary
Each month Lanny and I challenged ourselves to save at least 60% of our income. This high savings rate will allow us to jump-start our dividend income snowball by allowing us to invest as much as possible now and allow the power of compounding interest to do the rest! Not only that, but I have found this exercise very beneficial as it allows me to take a hard look at my expenses each month and help me trim the “fat” of my expense outflow. I have had a very successful beginning to 2015, as I was able to save 60% of my income in both January and February. Can I keep the streak alive in March? Let’s dive into my March savings rate summary and find out!
Bert’s Quarterly Goal Review
We are done with one-quarter in 2015 folks. As Lanny mentioned, time flies by! These last three months have been a whirlwind for me, personally, professionally, and investing wise. Between helping plan a wedding, working a busy season, making some stock purchases and other big decisions (you guys will know soon enough!), the first three months were a giant blur. But these are all great events and I have set myself up to have a very memorable 9 months of 2015! This year I told myself that I was going to pay closer attention to my goals to make sure that I am on target to meet the goals and that way, if I need to, I can make any necessary adjustments. Well, here we go, let’s dive into my quarterly goal review!