As the market continues to offer little value I have not invested as enthusiastically as I did this time around last year, which is around when my investments really started heating up. Everything was dropping at that time so I picked up things that were going on sale. This time around it’s the opposite as share prices have heated up.
I continue to scour in the market and make up my monthly dividend watch lists which is how I find value in this heated market. While the market is expensive, there remain few stocks here and there which offer the value worthy of investment. I continue to tread cautiously, but I still would like to invest monthly and keep up with whichever direction the market is going. I, just like you, have no idea where we’re headed in the near-term.
I doubled my position in Apple last month after their incredible earnings release, and saw three dividend raises to boost income – saving my life hours by having these companies churn out more for me year after year.
Summary of February Investment Activities
Throughout February, I’ve purchased:
One of my holdings increased their dividend.
- WMT 2% Dividend Raise (Annual Dividend Income +$0.72)
- RY 4.8% Dividend Raise (Annual Dividend Income +$4.00)
- BNS 2.7% Dividend Raise (Annual Dividend Income +$4.00)
None of my holdings were sold to recuperate capital.
None of my holdings reduced their dividends.
*We only now realized a distribution increase of $1.32 by HR.UN