Added
As planed I added 100$ SPY the week already in week 38. So there was nothing to be done in week 39.
Review
This week I added $3.97 in dividends to the account. The total is up to $40.33 since inception. The overall value of invested capital lost the value of -$30.12. This is ok for me. It is within my objectives for the account.
Plan Week December 05
Looking at the SPY chart this week, it looks we are starting to establish a trading range between 449ish and 462ish. And we take all of this up and down in 1 day. The market seems to change its mind from "it is not going to be that bad" to "this is going to be bad" within a day. Volatility may stay around for a while.
This is good for trading, for investing it does not matter.
Why am I talking about this? If Omikron turns out to be really bad, it is possible that the stock market may see another big drop like in March 2020. Despite this drop, there are companies, that still increased dividends in 2020 and in 2021.
Now in my portfolio not many of them are part of that category. Looking through the list that can be found here for free Dividend Radar.
20$ go back into SPY again. And AQN (Utilities) gets 80$. AQN has 10 years of dividend payments and a current yield of 5.04%
Disclaimer
All information on this blog is for entertainment, and education information purposes only. Nothing discussed constitutes as financial, investment, trading, tax or any other advice. No decisions should be made based on the information provided. Always do you own independent research and consult a professional broker or financial advisor.
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