Are you holding on as tight as I am seeing the fluctuation in the stock market? The rollercoaster has been hot and heavy since Tuesday and slightly reminds me of a few instances we had last year. I am never one to predict where the market is going nor what I think is the best stock right now, therefore, this article will service one primary purpose. That is – to hold on to the handle bars on the rollercoaster ride and understand why you are sitting in the seat, is what matters the most. Continue reading
My last two articles have been reviewing my past performance, checking in on my goals through the end of September and reviewing my September dividend income. Both of the articles were showing that my portfolio and dividend income are trending in the right direction. With three months to spare, I’m looking to keep that momentum going. So I took some time tonight to prepare my October stock watch list and see if I can pinpoint a few stocks to keep a close eye on over the next several weeks.
It’s the most wonderful time of the year! Ah, the quarter-end dividend income summary post. This is my favorite time of the year, as most companies traditionally pay on a calendar quarter end, which for the U.S. dividend investors, this typically means a bigger month of collecting dividends than usual. Will that be the case for me? Did I set some milestones here? I have established now a minimum bar, as well as leaped to new heights for my September dividend income!
We are rounding third and heading home here. Considering the Cleveland Indians clinched the AL Central Division title this week, I figured a baseball reference to start the article off was pretty appropriate. Let’s see if they can capture some of the same postseason magic the Cavs had during their run in May/June. At the end of each quarter, Lanny and I review our annual goals to monitor our progress towards hitting these marks. If we are on pace…great. If we are off track, well there is still time to make some adjustments despite the fact there are only three months remaining. Time to dig and perform my third quarter goals review.
You have to love Mr. Market when the trend turns lower. You have to be prepared, the artillery ready and the decisiveness to your actions. I am so lucky that I was ready last week, especially on Monday the 12th, when the market plunged downward and I had been prepared to make a purchase or two. Those two purchases happened to be Target (TGT) and T. Rowe Price (TROW).
Fun time of the month! I have spent my Sunday morning researching and finding stocks that I like, and heck – some may be the exact same from last month’s article. What matters is that these are attractive, great dividend yielders, easy businesses to understand and are staple names to all! I was very excited the market has took a turn over the last 30 days and have started to open up more value for us dividend investors. Let’s see who is on my stock watch list!
Earlier in the week, I crossed a big investing milestone….crossing $3,000 in forward dividend income. It took me 15 months to jump from $2,000 to $3,000 and at the end of the article, I challenged myself to hit the next milestone in half the time. To get there, I better get moving quickly. What’s the best way to increase your dividend income? Not a trick question here, but purchase stock! I thought it would be a good idea to do some research this evening and put together a small watch list of stocks that have caught my eye. Here it is, my August stock watch list.