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This was an interesting week as Alphabet (GOOGL) and Tesla (TSLA) experienced negative reactions to their Q2 earnings reports. We also received some economic data, which included the personal consumption expenditure price index
Dividend Harvesting Portfolio Week 178: $17,800 Allocated, $1,612.87 In Projected Dividends
Summary
- Alphabet and Tesla had negative reactions to Q2 earnings reports.
- Economic data showed PCE increased 0.1% MoM, while consumer confidence declined for the 4th consecutive month.
- The Dividend Harvesting Portfolio had another positive week, reaching new highs in dividend income.
I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking Alpha
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