Buying Dividend Stocks NO MATTER WHAT! | Adding Passive Income | Stocks to Buy Now!

Buying Dividend Stocks NO MATTER WHAT! | Adding Passive Income | Stocks to Buy Now!

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No matter what the stock market is doing, if there is a crypto collapse with the fall of FTX - we still are buying dividend stocks! We are adding to that income source, as the market still shows undervaluation.

Why do dividends matter? Dividends are one of the best passive income sources. Dividend investing increases your passive income, as you reach financial freedom!

Reference items:
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►GoogleFi - Save ~$30 month for switching to Google's Phone Plan: https://g.co/fi/r/1292VY
►Dividend Diplomats Stock Portfolios: https://bit.ly/3fc7G2B
►Dividend Diplomats Blog: https://www.dividenddiplomats.com/

When we evaluate dividend growth stocks, we focus on three dividend diplomat stock screening metrics, to determine if the stock is undervalued:

1.) Price to Earnings Ratio Less than the S&P 500 and the competition
2.) Dividend Payout Ratio Less than 60%. This shows the stock can continue to pay the dividend and increase that passive income stream
3.) Dividend Growth Rate: We want to see a history of the dividend increasing, as well as a high dividend growth rate
**Bonus Metric**: The Dividend Yield, which determines how much you get paid to own the stock!

The week of November 7th was wild. First the stock market kept roaring up. Then, FTX committing pretty much Fraud and was in over their head with leverage, on the verge of bankruptcy right now. However, no matter what we were buying dividend stocks everyone.

It's time to get to financial freedom and STILL take advantage while the stock market is DOWN year to date.

Bert and his wife are ONE share away from 100 shares of the dividend king Johnson & Johnson (JNJ), as they each own a massive 99 shares! They will achieve that feat no doubt.

Next, they also acquired shares of the dividend aristocrat T. Rowe Price (TROW), before the stock price sprouted almost 20%! Talking about good timing. That's why you don't time the market and it's about time in the market.

They then finished off with buying two other dividend stocks that are showing signs of undervaluation:
- Qualcomm (QCOM) and
- Unilever (UL)

In total, they added over $25 in dividend income by investing over $750!

Then, Lanny & his wife were busy buying stocks. They heavily invest with Vanguard Exchange Traded Funds or ETFs. Therefore - they acquired:
- 6 total shares of Vanguard High Dividend Yield ETF (VYM) and
- $300 total worth of Vanguard S&P 500 ETF (VOO)

Consistency is key and buying the S&P 500 each and every day will surely payoff in years to come. In addition, the VYM positions they have is massive, just pouring passive income.

To finish off the stock purchases, as the Fed had some "cooling" remarks regarding inflation and interest rates, they purchased shares of:
- United Parcel Services (UPS)
- Cisco (CSCO) and
- BRT Apartments Corp (BRT)

In total, over $1,500 was invested, adding over $45 in forward dividend income.

The question now is - what stocks are you buying? What's your favorite stock to buy right now? What is on your dividend stock watch list? Are you avoiding investing or do you think this is a great time to invest during a recession? Is the bear market over here? Let us know in the comments!

Thank you everyone! Subscribe, like and let us know your feedback & questions below!

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As always, we recommend conducting your own research to make your own decisions.

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