Record Breaking Dividend Income Month! Market wants to RUN! Issue #3

Hey guys! I hope you all had a great week in the market. As March has come to a close and we dive right into April, that also marks the ending of Q1 of the financial calendar for 2023.

March is one of the best months of the year for dividend income from my portfolio, however I’m very much excited to tell you guys that March has been my best month of dividend income EVER! What’s the old saying about records? They are meant to be broken, and broken it was! Later in this issue I will go over all of my dividend income for the month of March.

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!

Thanks for taking a few minutes to read my newsletter. I truly appreciate your support. It keeps me going every day.

State Of The Market

I use the $SPY to understand the direction of the market. I feel the S&P 500 is the big boat of the market, whichever way it leans the rest of the market tends to follow. The blue line (over head resistance) is there to show us where the index has been and stopped before. If the $SPY continues to push up this week, we could see it get hung up around that $415 range.

We saw the $SPY finish the week +3.15%. Closing above the 20 day moving and continuing to climb higher.

Sector Highlight

As we all know the financial sector has been hit pretty heavy the past two weeks. However, the decline was somewhat short and sweet. The dip only gave us alittle more a week to accumulate some discounted shares before starting to make a move up. My bank positions are $BOH $BMO and $TROW. Unfortunately, I missed these lows as I had my focus on $SCHD at the time. I’m going to be using this section to highlight the sector of the market that seems attractive to me.

RECORDING BREAKING

March 2023 Dividend Income

• $VGSLX $40.89 (R)

• $VTSAX $33.55 (R)

• $VFIAX $44.23 (R)

• $VYM $3.93 (R)

• $MMM $144.52

• $AGNC $49.84

• $TROW $18.52

• $SPTN $30.80

• $SCHD $21.47

• $SHEL $65.39

• $DOW $45.86

• $VTRS $32.19

• $MCD $43.65

• $HON $20.41

• $GILD $51.66

• $BOH $14.83

• $IBM $108.15

• $DUK $82.22

• $PEP $65.22

• $DEA $38.41

• $PFE $46.45

• $CVX $77.37

• $RTX $40.17

• $LMT $11.54

• $HD $23.63

• $UPS $2.90

• $BP $95.80

• $SO $45.19

• $JNJ $92.17

• $UL $36.67

• $ED $69.19

• $IP $22.33

• $O $51.99

Total: $1,571.14

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

Generational wealth is such an amazing concept to me. It comes with such power and mindfulness. Being able to pass down the treasure that I’ve worked extremely hard to build after all those years is the so ideal to me. I want to be the person that changes my family tree forever! I also want the young generation in our family to value investing and fully understand how powerful the process of growing wealth is. My current dividend income is about $13,200 a year, my goal is to get around that $100,000 mark. Is the process simple? Absolutely YES. Is the process easy? Absolutely NO. That’s where your courage and desires come into play. That has to come from you, I can’t teach you to want it.

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