You Shall Never Wait To Invest - October Dividend Income Report

Seeking AlphaDividend StrategyYou Shall Never Wait To Invest - October Dividend Income ReportNov. 18, 2020 8:58 AM ET|| Includes: AAPL, BLK, DIS, GNTX, HAS, LAZ, MSFT, SBUX, TXN, UPS, V, VFCby: The Dividend GuyThe Dividend Guy Dividend Growth RocksA service focused on stocks doubling their payouts within 10 years.SummarySince I started this portfolio in September 2017, I have received a total of $10,079.39 CAD in dividends.
Keep in mind that this is a "pure dividend growth portfolio" as no capital can be added into this account other than dividends.
Therefore, all dividend growth is coming from the stocks and not from any additional capital.
In September of 2017, I received slightly over $100K from my former employer which represented the commuted value of my pension plan. I decided to invest 100% of this money into dividend growth stocks.
Each month, I publish my results. I don't do this to brag. I do this to show you it is possible to build a lasting portfolio during an all-time highly valued market. The market will inevitably go down… as it has lately. But I continue to enjoy cashing consistent and growing dividends despite that negative market action!

You Shall Never Wait
2020 has been a year of waiting for many.
February: I'll wait to see if the virus gets out of China. It did, and the market crashed!
April: I'll wait for this spring to see if the virus will survive warm weather. It did, but the market surged back.
June: The Central Banks are printing exorbitant amounts of money, earnings are pitiful, so I'll wait for September. Nothing much changed in the fall besides the market kept going up.
October: I'll wait for the election as there is too much uncertainty now. And on November 4th, you woke up not knowing anything… yet. And those who waited patiently for the market to crash after the election… well quite the opposite has happened so far!

Please keep in mind I'm writing this introduction as the... Read more