Whats up fellas, welcome back to the Dividend Mascot's blog =)
Dividend income is looking extra pretty, ive hit my 1st Quarter goal of $325+. So ive been sleeping real good, btw i found a Angry Birds plush (black bomber bird) from a long time ago when cleaning out the crib so ive been sleeping extra warm and fuzzy with my little Angry Bird.
So this market crash we are currently going through is the first stock market crash ive ever experienced as an dividend growth investor, everything is priced extra juicy, and im having a wonderful time. I know ive said this a million times already but i love RED MARKETS. As an investor i like to cuddle with the bear in the market, if you treat the bear with respect it will not bite you. Holding and buying through a crash could grant you massive returns over the years. When the market is bloody red and everyone is running around scared like the world is about to end, opportunities in the market can potentially give you 1,000%+ in capital gains plus dividend growth (with compounding dividends) over the course of 10+ years as the market recovers and enters back to another strong bull market. Just a hypothetical return based on the past stock market crashes. Ive been studying the 2000 bubble, and the famous 2008 crisis over the few years ive been investing. I also just started researching and learning about the crash of 1987. I just keep seeing this similar cycle of strong bull markets after the market pours blood all over the streets. So as always im just saying absolutely focused on my boring as hell dividend growth stocks consistently buying more shares, basically dollar cost averaging its that simple folks. Alright so lets go over the dividend income.
Roth IRA
Total: $85.16
Taxable Account
Total: $32.05
Grand Total: $117.21
YoY: 59.25%
Q1 Total: $325.92
Purchases: 2 shares of CLX & 5 shares of VWOB
Had to stop by Walmart and buy some more Clorox bathroom cleaner, and stop by the bank on my way home to get me a few bond coupons strips lol (all of my old school investors/ retirees reading will know what im talking about 😉) . Just straight up "boring", just the way i like it. Btw RDS.B dividend payment nearly bought me a free full barrel of oil (1 share) because shares were really cheap. With everything looking soo juicy to buy its hard for me not to contribute to my Roth IRA holdings, because i need to get back on them juicy Big Macs from McDonald's again folks they now got extra sauce on them joints, currently priced at ~$174/share. I may just go back and forth between my Taxable account and my Roth IRA every month. One month im on the Taxable account and then the next month i go back to the Roth IRA and so on.
Btw ive been seeing some of the investing youtubers saying that this crash is worst than 2008. Meanwhile im over here snoring with my Angry Bird Plush XD. Guys if this is worst than 2008? Then im litterally sleeping on this crash. (I bet Charlie Munger would be proud lol) Youtuber Jeremy from "Financial Education" said that this is the fastest 30%+ decline in the history of the stock market. Im like "if this is what it feels like investing during a stock market crash then ill be just fine for the next 35 - 40 years of investing" im in bed snoring XD.
To end off this blog update i just want to say thank you for reading all my updates, you all stay safe out there during this pandemic. Hope you all did well for the month of March with your dividend income, and ill see guys next time 😉
