During the course of Dividend Growth investing, I have learned the market can wildly overreact to news on certain stocks, causing short-term swings and opportunities that can prove very beneficial to an investor. Part of my investing strategy is initiating positions in reliable, dividend paying companies. Ideally, I prefer starting positions near 52-week lows or when the share prices tumbles on negative news, as long as that news doesn’t include cuts to the dividend or lowered guidance.
I was lucky enough to initiate a position in Wal-Mart in October 2015 when shares tumbled on news of higher wages and Wal-Mart’s reporting of large investments into its e-commerce potential. After two purchases, my averaged cost basis was $58.94.
On May 20, 2016 I sold more “WMT-O-Sell-Buy”
This is our Net Worth update. This is where we lay it all out for the world to see. It’s where all our income, expenses, assets and debts come together. We have been doing really well as we push towards our 2016 goal of $140,000 net worth. Even on one income, we believe we can still reach our goal and will continue to pursue it! We will continue to live financially smart, reducing wasteful spending, eliminating debt and investing in top-notch, blue chip companies that pay reliable dividends.
Here are the numbers for April: more “April 2016 Net Worth”
Well, wouldn’t you know it, it’s that time again!
We have completed a third of 2016, and I could have sworn Mrs. TOL and I were yelling “Happy New Year!” last week! Nevertheless, time waits for no man, so the Dividend show must go on.
For the month of April, I decided to try out a new trading platform, Loyal 3. I first learned about this platform from the various bloggers who have holdings with this company. For those who may not know, Loyal3 is more “April 2016 Dividend Update”
The market is once again in BULL status, as it has surpassed the 18,000 mark. Everyone that is long should be sitting pretty right now. If you are short, I feel sorry for you!
It was hard for me to sit back with the market surging and not lock in some profits…so I made a move.
On April 21, 2016 I sold more “Stock Sell- Emerson Electric (EMR)”