Dividend Update April 2022

 

Welcome to the April 2022 update. The market continues to crash and I've been soo happy to see these prices drop so I can strengthen my dollar cost average across all my high convictions in the taxable account. to be real.........this sh@t is soo easy, I'm pretty much doing the same thing I did during the 2020 crash. This is straight stupid easy, people getting scared = I make money. I actually want the market recovery to be slower than the aggressive V shape recovery in 2020. So I can have a bigger window of buying opportunities. The investing YouTubers have been nothing but sweet entertainment, just a bunch of flip-flop videos like one day they say that "we just hit the bottom" and then the next day stocks drop by 5% to even 15%. Then they have to upload another video explaining themselves and why the market continued to drop. With me have you noticed I've been very quiet on my Facebook page. I can't predict the future, I don't know when the stock market will bottom and enter a massive recovery rally..........I don't know. When the 2020 crash happened I completely focused on consistent dollar-cost averaging across all of my long-term single stock holdings, and because i kept on buying I grew the portfolio by like $35,000 throughout the uptrend of the second half of 2020 & most of 2021. Remember my monthly contributions in 2020 were a lot smaller back then. So this time with much bigger monthly contributions I'm going to continue to do the same thing. The only difference is that I'm dollar-cost averaging into my High Growth/ Low Yield Total Return style (supported by yearly double-digit dividend raises & strong fundamentals). So the results throughout the recovery after all this drama could be a lot different so we'll have to wait and see what happens for the remainder of 2022 and the start of 2023. Scroll down to see the dividend income breakdown.     

Roth IRA

Total: $105.11

Taxable Account

Total: $15.35

Grand Total: $120.46

Dividend raise: (JNJ) 6.6% & (PG) 5%

Purchases: 8 shares of (NKE) ($1,034.06), 2 shares of (MSCI) ($936.66) & 1 share of (ODFL) ($274.70)

Next month ill be buying (INTU) & (NVDA), Nvidia has dropped like 40% from its all-time highs. I would be stupid to not grab some shares of this high conviction. Remember folks I'm looking out at least 10 years with every purchase. (10 years minimum) Like I've said before, I feel like it's 2018 again and I remember people on Facebook and Youtube making fun of Nvidia because it has a 0.06% yield and it fell like 30% - 40% from its all-time highs at the time, but guess what check this out. From December 31st, 2018 to April 13th, 2022 Nvidia is up 430% even after the stock price dropped so much it's still up massively. I could have bought it back in 2018 but I wasn't experienced enough to understand what it was. For me, Nvidia is 100% a growth position, between purchases of my main stocks I may buy 1 to 3 shares at a time to spread out my dollar cost average. It's good to have that one growth stock in the mix that you 100 % understand that's a high conviction. So that's it for this short update, I'm soooooooo happy to be back at work. Sometimes vacations are torture, but I enjoyed it for what it is but now its time to get back into full throttle $$$$............until next time fellas.