Dividend Portfolio Update

Welcome to our last dividend portfolio update of the year. As I’m sure you are aware the markets have been very volatile which has created some great buying opportunities. Unfortunately for us it has been difficult to take advantage of these opportunities because of limited funds available to add to our dividend portfolio.

We continue to use affiliate links and advertising on our blog as our primary sources to generate funds to add to our positions. As anyone with a blog knows this can be excruciating as blogs are not great money makers for most people. We also do online surveys to generate extra cash, but a lot of it gets used in other ways, groceries & household items, so just a small portion goes to the dividend portfolio. It’s nice to save money on everyday items in this environment, but we hope to invest more of this money next year.

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Dividend Portfolio Update

It has been a couple of months since our last dividend portfolio update and we continue to make slow and steady progress. Slow is probably the operative word here since we are now retired and need to adhere to our budget. Just to reiterate we only invest money earned from side hustles, like this blog, as any income earned is not included in our budget and doesn’t impact our standard of living.

As someone that has always been willing and able to put cash to work at a moments notice this can sometimes get frustrating, especially when you see a good stock at a low price. There have been a few times where I have had to walk away some my trading platform on days when I would normally be buying. But we have a plan and we need to stick to it in order to be successful. On the bright side this has given us some incentive to find new side hustles to keep our portfolio growing.

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