I love the part where Dave says "Thats a really nice chart if i was 19" and the funny part was i was actually 19 at the time XD. After that i was watching tons and tons of videos of Dave Ramsey and investing. Then later came across Kevin O'leary from the TV show shark tank, that is when my obsession with dividends started and the rest is history. Me and Kevin are like twins lol both our mindsets are exactly the same when it comes to money, we both love to make investments so later we can just sit back and receive a check =)
Without further or do lets get to business =)
Total: $38.98 (250% YoY)
Purchase: 5 shares of T and 4 shares of GIS
(gives T a fist bump, thats my boy 💓💓💓)
So i saw that T and GIS were at a decline so i decided to purchase both of them, T at 5.7% yield and GIS at 4.3% yield. I love capturing higher yields on dividend stocks that we know that will be around for a very long time. Like lets say KO had a 20% decline (i wish lol) and now its yielding 5%, i would go buy some shares capturing that 5% yield getting a dividend boost before it bounces back to its average price. The one thing you should NEVER EVER do is just search for high yields, your going down a dangerous path if you do that my friend. When the opportunity occurs thats when i strike. Until the next opportunity comes up, i just dollar cost average on all my purchases.
My next buy could be IBM, i need to show my other dividend stocks some love. I had a lot of nostalgia searching for that Dave Ramsey video, when i was 19 i didn't think i would be this passionate about dividends. Anyway guys i hope you enjoyed this update, keep on cashing them dividends and ill see you guys next time =)
