Wednesday, March 2, 2016
Recent Buy - March
With a new month brings fresh new capital to put to work. Since money never sleeps and I do. It is wonderful to just sit back and relax put my feet up drink couple shots of Coke and Hennessy.
Since we cannot project the future where the market is headed, consistently adding shares will cause a snowball effect on the dividend income the best of passive income.
Consistently adding shares of quality stocks and a discounted prices will either lower cost basis, or get you great long term stock to hold forever and of course collect passive income.
Passive income is the best income there is. Getting paid to basically manage you time and do as you please. There is no value to owning you time.
Here is an update to recent purchases from this week on Sharebuilder account.
On March 1, 2016 on Sharebuilder
NOV $90 2.91 shares @29.57
DLR $90 1.06 shares @80.58
OKE $40 1.50 shares @24.03
This small purchases added $12.44 to my 12 month trailing dividend. The yearly dividend income is now $369.61 with this purchase . As I look forward to continue dividend growth, I can see this continue to grow into a passive income to sustain my family lifestyle.
What are your thoughts on recent purchases? What are you buying?
Thanks for reading.
Disclaimer: Long on all stocks listed.
Disclaimer: I’m not a licensed investment advisor and not an investment professional. This site is only meant for educational or entertainment purposes only. I’m not liable for any losses suffered as a result. Please consult with an investment or tax professional before investing any of your money.