September Dividend Income
Simple Dividend Growth
by
3y ago
After 33 years of clocking in and out of work and religiously saving 10% annually every year, in good times and bad, I have decided to share my monthly dividend income to show what regular saving and investing can accomplish. For the month of September I made $3,754; an increase of +39.5% versus this time last year. This is the first month benefitting from my portfolio repositioning that I worked on from June thru August and it is finally nice to see progress once again. I still have a few holdings whose dividends have been suspended but for the most part COVID related dividend issues are beh ..read more
Visit website
Buys and Sells for the Week
Simple Dividend Growth
by
3y ago
Markets continue to look weak, small rally's just seem to fade and just not make any significant headway. My best guess is folks are just in a holding pattern and taking some capital gains, all the while waiting for elections to pass. In the meantime, I 'll keep pick up shares here and there with each pull back. With that said here are my buys for the week: 1. Bar Harbor Bank (BHB) – increased position – This small Maine bank has been slowly improving their loan/loss risk each quarter. The company is overdue for a dividend raise which I believe may pop some time in the 4th quarter. A 4.7% div ..read more
Visit website
Computer Update
Simple Dividend Growth
by
3y ago
Finally got my new computer and it feels great to have a fully functioning machine. I settled on an HP X360 Envy and its spec'd out with a Ryzen 4500u, 8gb RAM, 256gb SSD, and Wifi 6. Definitely more horsepower than I need but want this to last as long as my last computer which lasted just over 7 years. I was actually struggling to find this particular laptop as there is a shortage on these new AMD CPUs which by the way is amazingly fast. I paid $80 more than I wanted to but at least this upgrade is finally over. Now my next attention will be focusing on moving my blog over to WordPress which ..read more
Visit website
New Investors and Valley of Disappointment
Simple Dividend Growth
by
3y ago
For anyone just starting out with investing you will struggle early on with results. It takes years of investing patience before your portfolio starts to show signs of life and the snowball effect kicks in showing large increases. Don’t be discouraged, all experienced investors have gone through this at one time or another making us question our decisions. The time period from when you start investing to the beginning of the snowball effect is a period that can make or break an investor if they are not prepared for the time investment and patience required. James Clear defined this period as t ..read more
Visit website
Buys and Sells for the Week
Simple Dividend Growth
by
3y ago
While tech stocks continue to cause market gyrations for the week I continued to nibble on stocks that pullback in price. For the week I had no sells and just buys. Two of this week’s buys were new positions while and the rest were increasing existing positions and most of the activity occurred at the end of the week. With that said here are my buys for the week: 1. Allete (ALE) – new position – This small utility company has been pushing into wind farms and when prices retreated below $51/share I jumped to get the 4.9% yield and 10 years of dividend growth. 2. Avista (AVA) – increased positi ..read more
Visit website
Need a New Blogging Platform (and a laptop too)
Simple Dividend Growth
by
3y ago
Fun While it Lasted I have been using the Wikidot platform since 2006 for various projects including this site which I started in 2013. At the time this was the most free robust site available and allowed for a lot of freedom to manipulate pages. Unfortunately, base code for the platform has changed little since 2006 and what was great then is looking pretty old and dated now. To make matters worse, the site owners have abandoned maintaining the base code and now the site is slowly breaking down. Even simple search functions are no longer working. I have no second thoughts about choosing the p ..read more
Visit website
August Dividend Income
Simple Dividend Growth
by
3y ago
After 33 years of clocking in and out of work and religiously saving 10% annually every year, in good times and bad, I have decided to share my monthly dividend income to show what regular saving and investing can accomplish. For the month of August I made $2,111; a decrease of -8.4% versus this time last year. This is back to back moths of consecutive decreases and is the 4th out of the last 5 months to experience a YoY decrease. I know this is temporary but it does sting none the less. Obviously some of the decreases are due to COVID but I also sold quite a few positions and finally put all ..read more
Visit website
Finished Repositioning My Portfolio
Simple Dividend Growth
by
3y ago
The repositioning of my portfolio is finally complete. It took a total of 10 weeks waiting for sell and buy prices but my portfolio for the most part is now repositioned to a level I am comfortable with. However, I will add some of my repositioning is based on my current age (I’ll be 52 in October) and decided to rebalance significantly into Utility & Telcom companies which offer more dividend stability but less dividend growth. It is interesting that the closer I get to my retirement age of 60 I look for more stability and risk becomes less tolerable. That said, let us dive into what has ..read more
Visit website
Interesting Sector Rotation
Simple Dividend Growth
by
3y ago
Wow is the only way I could describe last week’s market volatility and I cannot remember the last time I witnessed such a pronounced sector rotation and I am sure many of you felt it in your portfolio balance. A typical and more common rotation occurs between asset types; bonds to equities, cash to equities, or vice-versa. However with last week’s rotation that was not the circumstance as the S&P 500 eked out a mere 0.64% gain for the week so no large position of cash was entering or leaving equities. The rotation that occurred was money moving out of the technology sector to all other se ..read more
Visit website
July Dividend Income
Simple Dividend Growth
by
3y ago
After 33 years of clocking in and out of work and religiously saving 10% annually every year, in good times and bad, I have decided to share my monthly dividend income to show what regular saving and investing can accomplish. For the month of July I made $2,946; a decrease of -8.7% versus this time last year. The decrease was not surprise as most of my REITs paid in the first month of a quarter and we are all familiar with REITs and dividend suspensions. For July I sold my position in Dominion Energy (D), which I just bought in June, over the Berkshire Hathaway deal. This was a one sided deal ..read more
Visit website

Follow Simple Dividend Growth on FeedSpot

Continue with Google
Continue with Apple
OR