November Dividend Portfolio Update 2024 🔥 🚀

The Market Can't Stop Climbing. 📊

I did something in my portfolio in November that I haven’t done in over 5 years.

I contributed $0 for the entire month.

At the beginning of the month my portfolio was sitting close $208,000.

And by the end, it was sitting at $216,000.

(Since then, it’s come down to around (214K)

That’s $8,000 of growth, without contributing a single dollar.

That’s the snowball effect.

But you know what is beautiful about dividend investing?

Even if the opposite happened, and my portfolio dropped by $8,000-

It wouldn’t change the fact that I have $518 on average coming in in dividend income every single month.

And that dividend income grows regardless of whether or not I make contributions to my portfolio, due to:

• Reinvesting dividends

• My holdings increasing dividend payouts

Dividend growth let’s you get the best of both worlds.

You can enjoy the run up in the market, while enjoying growing dividend payments.

And the reality is that dividend growers tend to outperform.

For example, I now have 4 different positions up over 100%!

There was another milestone hit this past month.

I’ve now received over $10,000 in dividend income since I started closely tracking my portfolio!

The current bull run we’ve been on has been a lot of fun.

But the reality is the market could flip at any point.

This scares some-

But doesn’t bother me and shouldn’t bother you at all if you are a long term dividend growth investor.

Our dividend payments keep growing, regardless of what is going on in the market.

It is the ultimate ‘sleep well at night’ investing strategy.

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Tweet of the Week:

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Check out these resources:

Tickerdata 🚀 (My automated spreadsheets and instant stock data for Google Sheets!)

Interactive Brokers 💰 (My favorite place to buy and sell stocks all around the world!)

Seeking Alpha 🔥 (My favorite investment research platform!)

The Dividend Report 📊 (Free Newsletter for Straightforward Dividend Stock News)

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Other News…

At the start 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.

If you’d like to receive this sheet, you can sign up here:

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That’s all for now!

See you next week!

Dividendology 🚀