But it can turn out be a buyer opportunity
for more dividend stocks as opposed to selling, as long as you are mentally prepared.
With the purchase
of more dividend stocks, I hope to eventually raise the amount of dividend income I make each month.
If someone gets closer to retirement, they may
need more dividend stocks or perhaps more fixed income to protect their capital.
I agree that gold miners are and have been volatile but I'm personally using it as a strategy to earn some quick bucks to sell in the future so that I can
add more dividend stocks to my portfolio.
Some of the dividend income from the previous month was reinvested
into more dividend stocks while the rest was kept in cash for the next buying opportunity.
Thanks to February's dividend payouts and my matching program's funds, I started March with fresh capital for
buying more dividend stocks.
Of course, you can always go beyond this basic approach — say, tilt your bond holdings more toward short - term maturities by investing in a short - term bond fund to get a bit more protection against the possibility of rising interest rates or
add more dividend stocks to your mix by buying a fund that specializes in shares that pay dividends.
And happy shareholders reinvest
in more dividend stocks to compound their dividend income to become happier shareholders.
So I sold off a lot of my index fund and transferred over to buy
some more dividend stocks!
Lately I've been on the hunt for
some more dividend stocks to add to my portfolio.
I haven't touched my portfolio in months, other than buying
more dividend stock, which I guess you can reference to watering.
So I sold off a lot of my index fund and transferred over to buy
some more dividend stocks!
My plan is to keep a small group of blue chip dividend stocks as well as some index ETFs with very low fees, and use the dividend income to reinvest in both ETFs and
more dividend stocks.