The Coronavirus (COVID-19) is taking over. OPEC and Russia cannot agree on oil supply and, in effect, the prices are tumbling on the price per barrel of oil. Over the last month, stocks are down over 20%+ and we are now entering a bear market.
However, what really hasn’t slowed down? First, dividends. Dividends continue to roll and pour in. Second, this community. The community continues to rally and support each other, as well as are still setting milestones, each and every month.
Here is the February 2020 installment of the Dividend Income from YOU the Bloggers series. Let’s stay positive and motivated!
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.
Third purchase in 31 days? Now that’s what I’m talking about. I’m starting to feel like the Lanny of old again, if only the grey hair can revert back to black, I’d appreciate it. January finished off with some tail winds, as big final year earning releases are coming out, Trumps making his speeches and movements, as well as your everyday volatility that January typically brings. As dividend investors, we need to sit tight and buy when we find the right value at hopefully the right times if you can. This purchase signifies that, based on my analysis. Let’s find out why I purchase Pfizer (PFE)!
Final dividend income totals have been tallied. Final purchases were made (or not made). Now that the ball dropped and the calendar turned, the book on 2016 is finally closed. A few weeks ago, I published my 2017 investing and life goals so I can hit the ground running in 2017. However, I can’t ignore the fact that I had 2016 goals to complete. I performed quarterly updates to monitor my progress; so for one final time, I will publish my 2016 goals review. Let’s see if I was able to meet my goals in 2016!
Each day I watch the stock market in awe. At 4 PM EST, I read a headline like “Stock Market Sets New Record” and when I log online in the morning I am reading an article about how the market is up in the pre-market once again. By the end of the day, it is like de ja vu and I start the process all over again. This market makes finding stocks the meet our stock screener difficult, how could it not? Well, I have been thinking a lot about where I want to allocate my capital recently and what I want my next move to be. After doing some research on various blogs, including some articles written by my fellow Diplomat, I find myself considering the option that the title of the article outlines. Is now the time to accelerate the payments on my student loans?
I figured you all would see this coming considering one of my last posts and involved performing a dividend stock analysis over one of the most population REITs in the dividend investing community and I recently featured the company on my last watch list. But this week, I took some capital off the sidelines and put it back into the market as stock prices continue to tumble. Time to share with you the newest addition to my portfolio, Realty Income (O)!
One can never predict the market. That is one fact that we know about the stock market. Not one individual knows what the price will close on for any given day, for any given stock. I read an article the other day and it made me smirk – there has never been one person to buy a stock at it’s absolute lowest point only to sell it at it’s absolute highest point. This is why I don’t try to time or predict the market.