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Dividend Growth Investor Update
I wanted to give everyone an update, as many of you have asked me.
Consistent with my strategy, I invest roughly $1,000/month, every month. I have already invested my funds for September, but I am working behind the scenes, and observing the opportunities available today. I invest when I have money to invest, which means every month, over a long period of time. Then I hold for as long as the companies I own do not cut dividends.
I invested less than $1,000 this month, because I invested a little more than $1,000 for the month of July.
I will have money to invest at the beginning of October, which is when I will be making a few more investments worth about $1,000. Depending on the opportunities present, those could be existing companies or those could be new ideas. It is helpful to review my investable population regularly, for bargains.
In general, the communication you may expect from me includes:
Monthly Dividend Growth Investor Newsletter
Monthly update on the Portfolio Holdings
Notification on investments I have made when I make them
Other (including this notice or some article/resource I may consider helpful)
In the meantime, you may enjoy this article I posted a month or so ago:
I try to be prepared, which means that I do a lot of research on various companies behind the scenes. I keep a list of companies that I want to own, and then wait for the prices to hit what I perceive to be a fair value.
I believe that investing regularly beats timing the market. I had done a study a few months ago, where I compared regular investing at the lowest prices for the month, versus regular investing at the highest prices for the month. I found that there is no material difference in long-term results.
Therefore, I am sticking to the plan. I will likely make a few investments in the first week of October. Then I will try to send out the updated list of portfolio holdings as of September 30th by Monday, October 3rd.
My automatic Dividend Reinvestment Plan is getting deployed at better prices right now, which definitely speaks well for the benefit of automating investments.
Thank you for reading!
Dividend Growth Investor