Recent Stock Purchase I – July 2015

I’m off to the race by investing $890.49 in the first shortened week of July. I plan to use these Dividend Growth Investing stocks to fuel my passive dividend income in the coming weeks and months.

Below are 2 companies that I put my capital on towards my race for earning $3000 per month in 3000 days. This means that I’ve to pace my race to earn an extra $1 per day. I’m glad to post that I completed 60 days of my race so far and want to kick it hard going forward 🙂

1) Southern Company (SO): 10 positions at $42.069 on 7/01: $420.69
2) Verizon Comm. (VZ): 10 positions at $46.98 on 7/01: $469.80

The month of June was an exceedingly fruitful one as I added many new names to the burgeoning portfolio. So far, I’ve 31 wonderful companies in my Freedom Portfolio.

I’m excited to report that passive dividend income checks have started pouring into my bank for the first time in June and will be reporting soon. Stay tuned! This will be my first passive income without doing any work. That’s the beauty of money working for itself and help propel towards the goals for this year.

Full Disclosure: Long on above mentioned stocks.

Thanks for reading.

2 thoughts on “Recent Stock Purchase I – July 2015

  1. Thanks for sharing your recent buys with us. No doubt you are getting some pretty nice current yield with these recent buys. Keep building that dividend snowball.

  2. Hi DH,

    Yep. SO and VZ are two great companies that ooze out the passive dividend income with clockwork precision. Utilities and telecom companies do not provide as much growth but they are solid source of income in retirement. I’m building my snowball and currently, does not have much of a snow but once it accumulates, it definitely will gather more 🙂

    Thanks for stopping by and appreciate your comment & perspective.

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