Aloha Investors!
It’s been a rough week, with the Dow down 1.02%, S&P 500 down 1.05%, and the Nasdaq down 1.69%. The days that the stock market goes down are the days I want to invest more money into the stock market. I love it when my favorite stocks are at a discounted price.
This month I continued my buying spree with Apple due to it being cheap knowing that it will go up in the near future. Apple has been and will always be my favorite stock to own due to the stock splits.
I’ve also decided to buy more shares of AT&T due to the high dividend payout. I believe that the yield is 5.74% right now which means you will get around $1.11 per share. This would be an excellent stock to own if you want to create passive income. If you haven’t noticed I’m enrolled in the DRIP program which allows all dividends to be reinvested.
DRIP program – The DRIP program allows you to reinvest your cash dividends by purchasing additional shares of fractional shares.
My Roth IRA I decided to invest in more Vanguard High Dividend Yield Index Fund ETF Shares (VYM) because it has a good dividend payout of 3.01%.
This year will open up great buying opportunities for investors that want to buy low and sell high or even hold for a long period of time. You can also play it safe and buy into good dividend stocks that will create a monthly/yearly income for you. You basically get paid while you sleep. Doesn’t that sound great? Just remember…
It’s Never Too Late To Start Investing!
My Investments for Friday, February 24, 2023
Combined Value of – $208,430.33
Individual Stock Account – $114,252.33
Starting buying power: $380.45
Buying power remaining: $17.72
Apple (AAPL) – 2 Shares
Price per share – $145.955 = $291.91
AT&T (T) – 4 Shares
Price per share – $19.2046 = $76.82
Dividends for February
Qualified Dividend AT&T (T) – $28.56
Dividend Reinvestment (DRIP) – Bought 1.401 T @ $20.3785
Qualified Dividend Apple (AAPL) – $141.32
Dividend Reinvestment (DRIP) – Bought 0.913 AAPL @ $154.8568
Roth IRA – $69,253.05
Starting buying power: $479.75
Buying power remaining: $51.05
Vanguard High Dividend Yield Index Fund ETF Shares (VYM) – 4 Shares
Price per share – $107.175 = $428.70
Dividends
No dividend payouts for February
Traditional IRA – $24,926.65
Starting buying power: $160.97
Buying power remaining: $14.85
Apple (AAPL) – 1 Share
Price per share – $146.12
Dividends
Qualified Dividend Apple (AAPL) – $38.87