March was the most interesting month, in quite some time, to say the least. We witnessed many down and up days of over 5%. As I am typing this, the market has had their best 4 day run since 1974, literally 46 years ago. This just goes to show you how low the market hit and even with this, the market is still undervalued. Could this be a teaser upswing, to set us up for the next bear drop? Who knows. What I do know is that the dividend stock purchases continued through the month of March!
The last month has been unlike anything I have experienced as a dividend investor. I primarily started investing in 2011 and 2012, well after the the market calmed down after the financial crisis. There have been blips since then (Oil prices collapsing in 2016, for example), but nothing close to the magnitude of what we are experiencing now. It is most important that we all remain healthy. But after that, my family and I are trying to make the right financial and investment decisions. Because after all, as we are unfortunately seeing, you cannot predict what tomorrow will bring. So today, I spent some time researching dividend growth stocks and built my April dividend stock watch list.
Hopefully your stomach has been able to endure the extreme volatility, as of late. We have literally seen 10%+/- swings on any given day recently. If there is time to stick to your sound dividend research and investment strategies, it is now. Let’s buckle up and read Lanny’s Dividend Stock Watch List – April Edition.
This article should be interesting. The stock market is just crushing it and there is just not much room for opportunity. You can reach for value, but are you reaching for true value or are you reaching at a poor company that has, what appears to be, strong dividend metrics? I thought to rewind the tape back and really take a hard look at the Dividend Aristocrats. You know, those companies that increase their dividend EVERY YEAR for at least 25 years+? Yes, that is who I am talking about. Therefore, I peeled back the curtain on the top 10 yielding dividend aristocrats out there, seeing their performance and hey – maybe even find some value.
For the first time on this website, I thought it would be a good idea to publish a review of my investment portfolio! Lanny has been doing so each quarter and we are discussing many of these metrics on a regular basis either when together or on the phone. So I figured it would be a good time to sip on a cup of tea (notice no coffee today) and dive into some of the numbers.
Wow, has December been a crazy month in the stock market to say the least. Lanny has taken advantage of some of the craziness and put some capital to work and so have I. There have been some frustrating moments for me (I’ll describe those later in the article). But overall, I was excited to grab some stocks at a discount and continue to build my forward dividend income. Luckily, my account was still eligible for free trades and I was able to engage in a lot of small trades. With a fresh cup of coffee in hand, I’m ready to summarize the stock purchases. Let’s dive right in!