Thats a fantastic dividend income for the month....and my oh my....$7.8K newly invested capital. You sure are making your money work hard for you. Congrats on adding more passive income to your stream.
Keep up the great work. Inspirational as always to follow your journey. R2R
Rock-on MDP! Nothing like a 'slow month' pulling in nearly $800 of dividends. This is going to be a monster year after the work you put in last year. Just think, you'll receive more in dividends this year than some folks will be able to invest period.
Yeah, I am excited about the bad months reaching at least $1000 in the near future. It is probably still a year away, but it is exciting to ponder nonetheless.
Didnt realize how much u put in on TD. Good levels right now, also BMO,BNS, RY looking good too right now. Almost 8k invested this month is a furious pace still.
Invest $7.8k is fabulous! All the Canadian banks look pretty good right now. Good call on buying TD. Your monthly dividend looks great, way to have a great start to the year.
I may have jumped into the Canadian banks a bit early, but long term I am not going to worry about investing in companies a few dollars high or low. It's all about consistently adding dividend payers to my portfolio.
I'm having flashbacks of 2014 and your awesomely high contributions. It's so fun watching you invest at lightning speed each week and then seeing that income soar months after. It's really piling on now. Good work!
You are right. The heavy lifting from last year is starting to pay off. Other than the big TD purchase,I feel a bit like a hibernating bear and after tax season I will probably pick up the pace a bit.
Very Nice MDP!! Both the passive income stream from dividends and the amount of new capital invested is quite impressive. Keep it up and your dividend pipeline should simply go through the roof!
My time table for FI and most likely exiting the Rat Race is now 47 months. It will be interesting to see what develops for the rest of the year. A lot of potential pitfalls as well as opportunities.
MDP, That's super impressive. Over $700 in dividend income in a month and over $7500 in new capital invested is wonderful. I haven't invested much in January (other than the weekly purchases). Would like to invest a bit more in the coming months in order to get a head start towards the goal as well as to add to the dividends for this year. Looking forward to reading about your purchases in Feb.
Well I certainly hope for the both of us that the market stays choppy so we can continue building positions throughout the year. I'll continue watching CAT, JNJ, and MSFT closely as they are all looking pretty good.
Another great dividend income update. I see quite a few names in common between your portfolio and mine. That was a pretty heavy TD investment for the month. I too added to my TD and am looking at the Canadian banks in February. There is a lot of noise in recent weeks about all the large Canadian banks. Will this be the new energy play going forward as we load up on solid high yielding Canadian banks?
The Canadian banks are shaking a bit right now just like the oil names, so I think this means continued opportunity. I jumped into TD a bit early, but over a 30 year period a couple of dollars per share is insignificant.
No problem. I will be interesting to follow your journey. I hadn't planned on adding a big purchase, but the opportunity to diversify out of energy a bit was available with a TD pullback so I jumped on it.
I'll probably go back into mini hibernation until after tax season. If something really compelling pop onto my radar I may make a larger purchase.
That dividend income is awesome, but the fresh capital you invested is especially impressive. I don't think there's ever been a month in which I invested north of $7k. That's otherworldly for most people.
I was a bit more active than I had originally planned, but I am happy to add TD as well as NOV. Getting rid of ARCP is just part of an ongoing plan to clean up the portfolio a bit.
Awesome roundup. $780 in a month is fantastic.
ReplyDeleteAdam,
DeleteThanks. I look forward to the day where my worst month of the year is still over $1000. Hopefully that will happen by next year.
MDP
Thats a fantastic dividend income for the month....and my oh my....$7.8K newly invested capital. You sure are making your money work hard for you. Congrats on adding more passive income to your stream.
ReplyDeleteKeep up the great work. Inspirational as always to follow your journey.
R2R
Roadmap,
DeleteThanks buddy. I jumped into TD a bit early, but I am glad to diversify a bit after going pretty hard and heavy into oil the past several months.
MDP
Rock-on MDP! Nothing like a 'slow month' pulling in nearly $800 of dividends. This is going to be a monster year after the work you put in last year. Just think, you'll receive more in dividends this year than some folks will be able to invest period.
ReplyDeleteW2R,
DeleteYeah, I am excited about the bad months reaching at least $1000 in the near future. It is probably still a year away, but it is exciting to ponder nonetheless.
MDP
Didnt realize how much u put in on TD. Good levels right now, also BMO,BNS, RY looking good too right now. Almost 8k invested this month is a furious pace still.
ReplyDeleteAG,
DeleteI'm trying to catch up with you. I don't know if that will ever happen though. I will keep plugging away building passive income in the mean time.
MDP
Invest $7.8k is fabulous! All the Canadian banks look pretty good right now. Good call on buying TD. Your monthly dividend looks great, way to have a great start to the year.
ReplyDeleteTawcan,
DeleteI may have jumped into the Canadian banks a bit early, but long term I am not going to worry about investing in companies a few dollars high or low. It's all about consistently adding dividend payers to my portfolio.
MDP
I'm having flashbacks of 2014 and your awesomely high contributions. It's so fun watching you invest at lightning speed each week and then seeing that income soar months after. It's really piling on now. Good work!
ReplyDeleteRyan,
DeleteYou are right. The heavy lifting from last year is starting to pay off. Other than the big TD purchase,I feel a bit like a hibernating bear and after tax season I will probably pick up the pace a bit.
MDP
Very Nice MDP!! Both the passive income stream from dividends and the amount of new capital invested is quite impressive. Keep it up and your dividend pipeline should simply go through the roof!
ReplyDeleteWishing you continue success! AFFJ
AFFJ,
DeleteMy time table for FI and most likely exiting the Rat Race is now 47 months. It will be interesting to see what develops for the rest of the year. A lot of potential pitfalls as well as opportunities.
MDP
Great job again, MDP! Keep shoveling in money like crazy and those dividends will keep their relentless march upward.
ReplyDeleteCheers,
NMW
NMW,
DeleteThanks my friend. I will continue to shovel coal in the furnace and keep this train moving.
MDP
Great Job MDP
ReplyDeleteUp Up and Away!
Do it up bud. I know you are just obsessed just like myself. hehe :)
keep up the good work my friend. Much Love.
DH,
DeleteThanks and you are correct I am a bit obsessed. I may need therapy at some point! LOL
MDP
MDP, That's super impressive. Over $700 in dividend income in a month and over $7500 in new capital invested is wonderful. I haven't invested much in January (other than the weekly purchases). Would like to invest a bit more in the coming months in order to get a head start towards the goal as well as to add to the dividends for this year.
ReplyDeleteLooking forward to reading about your purchases in Feb.
DGJ,
DeleteWell I certainly hope for the both of us that the market stays choppy so we can continue building positions throughout the year. I'll continue watching CAT, JNJ, and MSFT closely as they are all looking pretty good.
MDP
Another great dividend income update. I see quite a few names in common between your portfolio and mine. That was a pretty heavy TD investment for the month. I too added to my TD and am looking at the Canadian banks in February. There is a lot of noise in recent weeks about all the large Canadian banks. Will this be the new energy play going forward as we load up on solid high yielding Canadian banks?
ReplyDeleteDivHut,
DeleteThe Canadian banks are shaking a bit right now just like the oil names, so I think this means continued opportunity. I jumped into TD a bit early, but over a 30 year period a couple of dollars per share is insignificant.
MDP
MDP,
ReplyDeleteThank you for adding me to your blog list. Congratulations you took my blog list virginity.
Great job on adding $7800 of fresh capital to your investment portfolio during January. Will surely help your dividend income trend upwards!
Mr. Captain Cash
Mr CC,
DeleteNo problem. I will be interesting to follow your journey. I hadn't planned on adding a big purchase, but the opportunity to diversify out of energy a bit was available with a TD pullback so I jumped on it.
I'll probably go back into mini hibernation until after tax season. If something really compelling pop onto my radar I may make a larger purchase.
MDP
MDP,
ReplyDeleteHuge results. Expect nothing less from you. :)
That dividend income is awesome, but the fresh capital you invested is especially impressive. I don't think there's ever been a month in which I invested north of $7k. That's otherworldly for most people.
Great job, bud!
Cheers.
DM,
DeleteI was a bit more active than I had originally planned, but I am happy to add TD as well as NOV. Getting rid of ARCP is just part of an ongoing plan to clean up the portfolio a bit.
MDP