Recent Stock Purchase January 2024

Feb. 03, 2024 2:35 AM ET, , , , 21 Comments
Divhut
3.36K Followers

Summary

  • With February already underway and the markets on a nice uptrend, I decided to add to some of my lagging existing positions.
  • I couldn’t resist these juicy yields, as a result of stock price declines, and decided to deploy a larger amount of cash this month when compared to my last quarter buys.
  • In all, almost $1,300 of fresh capital has been deployed in January as I set out to beat my 2023 annual dividend income.

Magnifying glass on financial chart

deepblue4you

With February already underway and the markets on a nice uptrend, I decided to add to some of my lagging existing positions.

I couldn’t resist these juicy yields, as a result of stock price declines, and decided to deploy a

This article was written by

3.36K Followers
I’m an early 40′s Internet entrepreneur that launched several dot coms with varying success in each. At the very least my living has been made online for the past 18 years and at the most I had a fun time in each venture.I began seriously investing for dividend income around 2007 when my business at the time was literally falling off a cliff, as most of the world was starting too as well, when my need for another income stream became more apparent. I have always known the benefits of dividends from my very first stock purchase back in 1988 but wasn't yet sold on the concept of tying up my money indefinitely purely for a dividend income stream. It was around that time that I learned about Dividend Aristocrats and Dividend Champions when it all just made sense. I could literally see the effects of compounding dividends from these select companies and thought a nice diversified portfolio could provide me with a decent to excellent income stream decades down the road.

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