July was the most pathetic month of investing for The Dividend Beginner. It’s the first time since I began this journey that I did not allocate capital to the markets. While I didn’t notice anything to be much of a buy, I also did not search as much as I usually do and took it easier for the month as I found I was spending too much time doing research and writing and less time living.
While there were no investment activities whatsoever for July, the portfolio continued to pump cash into my accounts which are piling up as I sit on the sideline. The real horror is that my dividend income did not increase at all this month and is a real slow-down in our process. However, considering I’ve still saved the cash – we can make up for this at a later date when equities are looking a little more rosy.
Summary of June Investment Activities
Throughout July, I’ve purchased:
None of my holdings increased their dividends. That’s unfortunate.
None of my holdings reduced their dividends. Great news!