January has been off to an interesting start. Lanny has crushed it with his stock purchases over the last 30 days, adding some serious dividend income to his total. Me, not so much. I’ve been on the sidelines for a while now and talked about how frustrated that was making me in my last dividend income summary. Now, that’s no longer the case and I’ve finally made my first stock purchase of 2019. As the title suggests, I purchased shares of Dominion Energy recently and here are some of the main reasons why.
This was a busy week. After a month or so, my wife’s Roth IRA finally transferred from Capital One Investing to Ally Investing. With this transfer came a sign-up bonus and free trades for 3 months. So if you haven’t noticed, Lanny and I have been busy putting these free trades to work. We’ve had plenty of small purchases! When my wife’s account transferred over, there was some cash available from previous transfers and liquidated partial shares. So I decided to put the money to work and add to two positions that she currently owned!
Are you holding on tight? This market has been absolutely insane. Wait, that is an understatement. This market has been gut wrenching-ly amazing, for those that have capital, that is. A ton of capital, we do not have, but we each had enough to make a separate purchase into a company that we both have had an eye for. In fact, Lanny purchased this company just a few weeks ago and couldn’t get enough of it. As the winter has continued on, we have our heat going and our energy bills are staying consistent, to which Dominion (D), has surely enjoyed that. We each made a separate purchase in Dominion (D) earlier this week!
Time to warm up the month of March with my dividend stock watch list! As everyone is drinking their Green Beer today, for good old Saint Patrick’s Day, I am in my upstairs room, researching and cranking out this article. Why? Well, busy season is winding down and I have never been more motivated to invest into dividend stocks, in order to keep stepping forward on the journal of financial freedom. Please, go grab that hot cup of coffee and sit back to read my dividend stock watch list for the month of March!
I couldn’t hold back any longer. Time to take the thinking of making a purchase and, instead, just buying when the metrics are right. The metrics were right for me in this instance. A few days ago, I made my second dividend stock purchase of the year and it was a “safer” play, some may say. Let’s just say, the winter has been very, very cold this year and that usually means larger than normal gas bills. I decided to buy a dividend stock, that will help offset those utility bill increases! Let’s see what dividend stock I purchased to warm up the portfolio.