Investing Strategy
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5 Questions To Ask When Investing in Dividend Stocks
Passive income investing or dividend investing is one way to grow your wealth steadily over a long period of time. Dividend investing does not require as much active management and monitoring compared to short-term trading. It’s an approach suited for people who can’t afford to spend time constantly looking at the market. Most people would say it’s the least glamorous way of participating in the stock market. Nobody’s going to pitch a movie about a middle-aged man who made millions by painstakingly compounding his wealth over 20 years. My tax dollars weren’t used for “The Turtle of Wall Street”. I digress. Selecting dividend stocks for a long-term investment requires research…
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How To Read My Portfolio Snapshots
I got a question the other day from a friend. He’s having trouble understanding my portfolio snapshots. Ask and ye shall receive. Here’s a brief guide for you! I’m going to explain column by column using my September snapshot as a reference. Only because it’s both the latest and the one I feel captures my holdings accurately. I’ll skip the “Stock” column because that pretty much doesn’t need any explaining. The second column “Last Done Price” indicates the closing price of the stock at the time of writing. The “Average Price” column indicates my average buying price of the stock over time. This number changes as time go on and…