Market is doing his own thing that it loves to do quite often, providing many great buying opportunities. I’ve been active by investing $1,807.70 in 1st week of September. I plan to use these dividend growth stocks to fuel my passive dividend income in the coming weeks and months. Portfolio shows the latest positions at the end of August.
Below are the companies that I put my capital on towards my race for earning $3000 per month in 3000 days. Last month, I completed 120 days of my race and this month, I’ll be completing 150 days of race. Without further ado:
1) BHP Billiton plc (BBL): 20 positions at $32.00 on 9/04: $640.00
2) Digital Realty, Inc. (DLR): 10 positions at $62.80 on 9/04: $628.00
3) Ventas Inc. (VTR): 10 positions at $53.97 on 9/04: $539.70
Market is pushing me harder to run my race. However, it will help me to catch up towards my goal. Now, I’ve 52 wonderful companies in my portfolio, achieving my initial goal to own 50 companies so that I’m fully diversified across various sectors and not putting all eggs in one.
The beauty of growing dividends is that they will be working for me to earn more dividends, setting off a compounding engine and snowball. That will propel me towards the cherished land of financial independence.
Full Disclosure: Long on above mentioned stocks.
Thanks for reading.