champpixs
With February well underway, it is time to highlight some of my potential stock buys for the month. As usual, it is more of the same as I look to average down on some of my positions that have faltered as
February 2024 Stock Considerations
Summary
- As usual, it is more of the same as I look to average down on some of my positions that have faltered as of late.
- One of my investing strategies has always been to be able to average down on my holdings when I can.
- Sometimes chasing losers works out over the long haul, but in other cases loser stocks stay loser stocks.
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.