Dividend Growth Investing: April, 2014

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April was an interesting month. All in all, I would say it was a fairly busy month. Got my tax return, had an amazing trip to Los Angeles and had two new developers start at work to help ramp up development speed.  All in all, I would say it has been a pretty exciting month.

As for my investments, I decided not to initiate any new positions in the month of April. This decision was twofold. First and foremost, my expenses this month were fairly steep.  As a kid my dad always told me; when spending in one area, make sure to cut back somewhere else. With a trip to LA and hefty car maintenance costs, I racked up quite a bill this month.  And second, sitting on cash isn’t always a bad thing. If you can’t find the opportunity to buy, then don’t. Consistently saving for retirement doesn’t mean you have to also consistently be fully invested. Sometimes it’s better to just sit on cash and wait.

April, 2014 Dividends Received

Coca Cola (KO) – $12.25

My first dividend payment! Not a huge sum by any means, but it’ll pay for a nice lunch after I retire haha. The exciting part about dividends is that they are completely passive. I didn’t have to put a single aspect of my life on hold to worry about my investments. In fact, I didn’t even check my brokerage accounts while in LA. Something I would have never done back when I was swing trading. Chalk this up as a win for dividend stocks as a form of stress free investing.

Plans for May

Not entirely what sure what I want to do in May, 2014. I have a strong feeling it’s going to be another expense heavy month with a trip out to San Fran at the end of the month. I do have a few stocks on my watchlist (MSFT, WMT, MKC and DFS), but not sure if I want to initiate large positions quite yet. If any of my current positions fall, I may use the opportunity to lower my dollar cost average a bit. Not that exciting from a diversification perspective, but I’m fairly happy with the stocks currently in my portfolio. Don’t want to miss a chance to snatch up some more shares at a lower price.

Thanks for reading

Respectfully, Sam

Full disclosure (Long KO)

 

 

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