Why I'm Looking Forward To The Next Market Drop.
Be fearful when others are greedy and be greedy when others are fearful — Warren Buffet. The stock market has been on an amazing winning streak ever since the pandemic-induced selloff back in early 2020. Many people think that the streak cannot go on for much longer and will soon have another massive selloff. I'm actually looking forward to the next market drop. That’s right, I actually love seeing large drops in the stock market. I see market corrections, or even small dips, as a great buying opportunity. Unlike most investors, I am not motivated by capital gains. Capital gains are merely the cherry on top and not my desired outcome. When people invest in the stock market, they typically pour their money into broad market funds. Maybe they use an employee savings plan like a 401(k), or they invest through an individual brokerage account. Maybe they invest in a hot stock tip they heard from a friend or read on r/wallstreetbets. However, at the end of the day, they are hoping for an appreciation in price.Read full story
Introducing My $9,000 Dividend Growth Portfolio
Do you know the only thing that gives me pleasure? It’s to see my dividends coming in. — John D. Rockeller. I want to go over my $9,000 dividend growth portfolio. I started this portfolio back in September of 2020 with $1,000 and have been slowly growing the account ever since. My portfolio consists of 86 stocks and yields about 3.574%. My portfolio is loosely based on $NOBL, an S&P 500 Dividend Aristocrats ETF, but has several other stocks that I found to be attractive and want to own.Read full story
A Quick Look At Dover Corporation - Dividend Growth Investing
Among the Dividend Aristocrats, those who have the longest histories of dividend increases are known as Dividend Kings. They are the true royalty of dividend stocks, with storied histories, and more than 50 years of dividend increases. These companies have weathered numerous ups and downs. They have seen presidents come and go, wars start and end, and market bubbles and market crashes, yet through it all, they maintained yearly dividend raises.Read full story