May has been a very fun month, to say the least! I’ve been a more active investor, I feel, and have made a few purchases actually. The market has been interesting lately, finally a little correction (as it so seems) is taking place and amazing bargain stocks are shedding their heads on the horizon, and damn – do I wish I had more cash sitting around! I made a purchase this month, come and check it out.
Tag Archives: Investing
Bert’s April Savings Rate Summary
This has been the busiest month for me, by far, since Lanny and I began the Dividend Diplomats’ Savings Challenge last year. I found myself having many new inflows and outflows this month, which can be both a good and a bad thing. The question is, with all of this new activity, was I still able to achieve a savings rate of 60% of this month?
Bert’s Recent Purchase – NSC
When I changed jobs recently, I received a nice pay increase and I could not wait to deploy the extra cash into the market. I figured that living off of my old salary and investing the extra capital would provide a much-needed jolt to my investing portfolio to help me reach my goal of investing $15,000 in fresh capital this year. To help automate this process, I began direct depositing $400 of my paycheck into my Capital One bank account, which means the funds are available to use in my portfolio instantly. While the $400 may seem small, a series of $400 purchases in a stock adds up quickly and you can establish a strong position in a stock before you know it. Why am I bringing all of this up? Because I was paid last week and had $400 to invest, which was perfect timing for one of the stocks I own and have been building a solid position in to continue to decrease. I think you all see where I am going with this….with my most recent purchase, I added to my growing position in Norfolk Southern Corporation (NSC).
Dividend Diplomats May Watch List
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!
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Lanny’s Recent Purchase – DOW
It’s been a few weeks since my last purchase in April, as I’ve been much more selective with what I’m deploying out there. I have officially received capital on Monday the 18th and was excited to see what the opening day was going to bring me. One stock I had a look out for was increasing around $1 per share and I just wasn’t feeling the additional market value appreciation and thought I’d grab them again at some point soon. However, this company below was also on my list. I set in a price for a limit order and I kid you not – it dipped down to just a cent over it without triggering the purchase! BUT… the end of the day occurred and the stock dipped to the price (actually did hit a penny below it) and my limit order triggered and boom, we now have a new purchase… and it’s a familiar one.
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…