Wow… I can’t believe I still remember how to buy stock! It has been almost 2 months since my last stock purchase, when I purchased shares in AT&T (T) and Hormel (HRL) back in October. Can I say that it feels good to be back? I couldn’t help but sit on the sidelines, as during that two month period, the S&P 500 index has increased well over 4%+ during that time period. My dividend stock portfolio has been bolstering record-highs and finding opportunities out there has been difficult, to say the least. The stock I purchased has not moved in that two month span, and when dating back to three months ago, is actually down 10%. On December 21st, I purchased 58 shares into HCP, Inc. (HCP) and let’s dive in to see why!
The consumers staple industry is always highly sought after by dividend investors. They typically are companies that have been around for many, many years that date back even before our time. As dividend investors, we love companies that make products that are widely consumed by majority of the populations, at least in developed countries, but also those that have plans to expand to those countries not as developed. Growing up, I loved pepperoni, chili and other types of food. A brand sticks out to me that serves both up, as well as is expanding into the food conscience society we live in now and that major player is Hormel Foods Corp. (HRL). On October 19th, I purchased shares into this perfectly tasteful pepperoni making company!
Three quarters are officially in the books! What does that mean for dividend investors and those pursuing financial independence? This represents a great opportunity to review your goals and progress that has been made. The year has come and gone in the blink of an eye, and with only three months remaining, we better make every minute count! Through this point in the year, I will be able to identify if I will or will not achieve my goals, for the most part. This also provides one last chance to change or alter my actions, in order to achieve the goals I set almost one year ago.
Who doesn’t love an enjoyable experience when flying? I know I do. However, enjoying a flight is a rarity these days, especially when top airliners are making their own “headliners” from ripping people off planes, arresting them or the customer service is of the worst quality. Personally, when I think of the most enjoyable experience that I’ve had from terminal, to boarding, to getting off the plane, I can only think of one airline. That airline is Delta and I happened to purchase their stock last week.
I am typing in a secure place at the moment and it could very well be thanks to Cisco (CSCO), which is the stock I purchased on Tuesday, June 13th. I am ready to just go for it and keep buying stock fundamentally sound, dividend paying & increasing, globally recognized companies. I am on that pursuit train to financial freedom and one doesn’t get there by sitting on the sidelines, but lacing up and getting into the game. On Tuesday, I purchased stock into Cisco.
Summer is here BABY! Memorial weekend just came to a close and man, the sun is shining fricken bright! Cavs are in the finals and road-tripping is real. On top of that – the Cleveland Indians are starting to roll wins and Encarnacion is using his bat finally! Enough of sports and summer weather – dividends have fully come in for May, so let’s check out the dividend income summary!
Hello everyone! Today, I went on a run outside and had a nice deep thought about what to do with an unlocked source of cash flow. No, no this isn’t coming from my INCREASE in housing expenses or a pay raise. This actually goes back to relate to paying off my auto loan earlier, rather than later. This won’t be moving mountains, by any means, however this unlocks a new cash flow for me and now the debate is what to use the additional capital that will be available on a monthly basis going forward!