Dividend Investing is Addictive ðŸ’
This is Why I Can't Stop Buying Dividend Stocks 🔥
Before we get started-
Like promised, I’m sharing a FREE spreadsheet with details on every Dividend King stock in 2024.
You can access it here. Enjoy! :)
Dividend investing is so addictive.
In 2022 while the markets were falling, people:
watched their accounts drop 20%
quit making contributions
panic sold investments
But my dividend income didn’t decline any.
In fact, it skyrocketed. 🚀
When you buy quality dividend stocks, even during bear markets, your dividend income increases.
This is due to three different reasons:
Your contributions
You reinvest dividends
Your holdings increase dividend payouts
Those 3 factors are the reason my dividend income never decreases.
That’s what makes dividend income so addictive to me.
It’s a constant game of seeing my projected annual dividend income increase every single month.
Markets are down?
My dividend income increased.
Markets are up?
My dividend income increased.
Markets are flat?
You guessed it. My dividend income increases.
In fact, markets declining can actually be a good thing, because it allows me to reinvest my dividend payments at lower prices, in turn buying me more shares, giving me even more dividend income.
This is how your portfolio becomes a dividend machine.
This is how I’m expecting to make on average over $500 a month on dividends by the end of the year.
And this is also the strategy that I believe will allow me to completely live off dividend payments one day.
Every expense covered completely by dividend payments.
That’s the goal, and I’m not stopping until I’m there.
And due to the snowball effect, I’m a lot closer than most realize!
If you missed it..
I recently launched Tickerdata!
Tickerdata is a spreadsheet integration tool that gives you the ability to automatically pull in live stock data for over 70,000 different stocks, 30+ years of historical financial statement data, other key financial metrics, and it can pull in data from over 70+ stock exchanges all across the world, straight into your spreadsheet.
You can access Tickerdata and download my spreadsheets here.
You can also subscribe to the Tickerdata YouTube here, where I'll post tutorials and even more stock analysis!
Other News…
At the end of every month, I send out a newsletter to my paid newsletter subscribers with a list/spreadsheet of all the dividend stocks that I believe to be currently undervalued.
This sheet was received by nearly 200 dividend investors last month. (Wow!)
If you’d like to receive this sheet at the end of this month, you can sign up here:
Also—
For the last few months I’ve been testing out different brokerages as I’ve been deciding which I like best.
After trying out nearly 10 different brokerages, I’ve settled on Interactive Brokers.
If you’d like to check them out, you can do so below: 👇
That’s all for now! Feel free to respond to this email and let me know of any thoughts you have!
See you next week!
Dividendology
Haven’t received the April undervalue stock list? Did I miss that