Financial Sector Under Fire! Weekly Dividend Recap. Issue #2

Hey guys! I hope you all had a great week in the market, and what a week it has been. There is still much uncertainty in the US regional and global banking systems and we saw the federal reserve increase interest rates by .25 basis points for the 9th straight interest rate!

Thanks for taking a few minutes to read my newsletter. Let’s get into it.

My goal is to reach financial freedom through dividend investing and rental real estate. I started sharing my journey to help educate and inspire others to do the same. Join me!

State Of The Market

We saw the $SPY finish the week +1.48%. Closing right above the 20 day moving average at $395.75. Let’s see if the SPY keeping pushing up this week,

Look at that drop! As you can see, the financial sector has taken a serious hit from all the devastating news surrounding the industry. I’ll look for the opportunity in this sector as things settle in and we see some sideways movement on the chart.

Dividend income this week 3/20-3/24

(R) = Roth IRA

• $VGSLX Vanguard Real Estate Index Fund (R) $40.89

• $VTSAX (R) Vanguard Total Stock Market $33.55

• $VFIAX (R) Vanguard S&P 500 Index $44.23

• $VYM (R) Vanguard High Dividend $3.93

• $DEA Easterly Gov’t Properties $38.41

• $LMT Lockheed Martin $11.54

• $RTX Raytheon Tech $40.17

• $HD Home Depot $23.63

• $UL Unilever $36.67

Total: $273.02

Dividend investing is a great way to build wealth and generate passive income just by owning a share of a company's stock.

And the best part is, it's accessible to anyone - no matter who you are or what your financial background is.

Weekly Tweet Corner

I wish I had 50% of the knowledge I have now , back then when I experienced this conversation. The great takeaway behind this story is to be intentional with your income and invest your money. Yes, I understand a balanced life is healthy and needed but investing and growing your money should be a priority as well. Starting and staying consistent over time can make you a very wealthy person! It did for my teacher , and I’m hoping it will for you and I as well.

Thanks so much for reading!

I’m super excited to provide this weekly newsletter so THANK YOU all for being subscribers.

Until next week. Keep the focus and stay consistent!

-Nick Dividend Investor and Educator