We weren’t kidding with our dividend stock watch lists posted earlier this month, expected dividend increases and even tweeting about how the market is opening up opportunities. It is always exciting when dividend aristocrats go on sale and one has capital to deploy. Due to the frugal lifestyle that Bert & I live, we were able to strike when the stock market took a few steps back. The end of October & early November has opened up quite a few opportunities in the dividend investing arena and what do Dividend Diplomats do best? You called it, brother, dividend investing of course! Let’s dive in to see our recent purchase that we both ended up buying for our respective dividend stock portfolios!
Three quarters down, one to go. 2017 is rapidly coming to a close. October is one of my favorite months. My wife and I love the fall weather, playoff baseball is back, and some of my favorite holidays are right around the corner. If you recall, at the end of December I set five goals for myself. I knew some of the were stretch goals, but it has been a blast aiming for them anyway. Each quarter Lanny and I review our goals to check our status and see what possible changes may need to be made. Let’s jump in an perform my Q3 goals review.
The last month or so for me has been, oh how do I say it…crazy. And I’m not going to lie, a lot of the craziness and stress has been self-induced. Through all of this, I’ve learned that a lot of my typical de-stressing activities were suddenly not doing the trick anymore. It has slowly trickled through to a lot of different aspects of my life and it sucks. At times, my typical upbeat self has felt anything but that. With typical methods not working, I have been searching for other means to de-stress.
Recently, I’ve had an itch to purchase a stock and I was motivated as heck to scratch the itch. The motivation is coming from all directions. Whether it was from seeing my cash balance increase since I have been hoarding cash while preparing to move into our house, seeing impressive growth rates in our monthly dividend investing income summary from the community, and quite frankly, watching Lanny to continue to add to his portfolio and see his dividend income soar. We all motivate each other and push each other, and seeing all of you crush it has motivated to move some cash from my recent “hoard” to my investment account and add a company that is on my last watch list. I still have a long, long, way to go if I am going to catch Lanny. But heck, I have to start somewhere, right?? All, check out why I added to my stake in Cardinal Health, Inc. (CAH) the other day.
2017 is flying by. I barely know what hit me for work here in July. Between travelling for work and gaining possession of our house, I have barely had time to sit down, relax, and focus on things. But I must say, I couldn’t be happier doing some of the house work and I am finding it fun and therapeutic (especially when I am listening to music while painting). Before I knew it, July was over and it was time for me to recap my performance and write my July dividend income summary. Let’s see how I performed during the month.
I feel like I am just stuck in a rut right now. A lot of exciting things are going on at the moment, and I know that I should be enjoying them. We finally closed on our house and the title is in our name. The thought of home-ownership was at one point a dream and now it is a reality. Now the projects begin. We have an apartment to pack, wallpaper to tear down, walls to pain, hardwood floors to re-finish, and other projects that will emerge at the blink of an eye. This should be fun; this should be exciting. But something feels off right now as I write this article from my hotel room. After sitting at the same looking desk that I have sat at so many times at every Hampton Inn in “you name it” city, it finally it me. The reason I am feeling off right now is not because of the volume of work that has to be done on my house, but rather, the fact that I will be traveling a lot for work over the next few months is having negative impact on my ability to complete these projects and even worse, my savings account.
Here we are. The first book review EVER posted on this website and I could not think of a better book to begin with. Finally, after many references on other blogs and suggestions in forums, I decided to read “The Millionaire Next Door” by Thomas Stanley, PHD and Willian Danko, PHD. It amazes me that it has taken me THIS long to read the book, but I guess it is better late than never, right? One of my goals in 2017 was to read more books, so this seemed like a great place to start. Here are some of my thoughts on the book.