DividendVet

October 2014 Dividend Income

What a wild ride October has been! It was smooth sailing until the market took a nose dive and on the 16th and Dow Jones Industrial Average had reached a very sunken 16,200 points, around a 1,000 point drop. The sell-offs instantly became the number one topic on the television finance shows. The next day, the tide turned as Dow rebounded back over 17,000 mark. Correction in the market achieved. Did anyone get hurt? No, so just calm down and breathe.

I think you can take a positive out of any bad situation and so I believe as an investor these smaller corrections serve as a great training for the next collapse in the market. You see these corrections are very similar to body building sets of repetition of weight in the gym, except each correction is training your inner investor’s patience, emotional control, and discipline. The more you have them without abandoning your strategy and selling your portfolio, the stronger you become for the next one. The goal is to stay calm in these situations, look beyond the noise by thinking rationally and seeing ever greater earning opportunities.

The portfolio that I have build up these last few years have brought another fruitful month of October. I enjoy publishing this dividend income report as I have gained a better understanding of how much capital is coming in every month and how much it is increasing over time. I have received a total of 7 direct deposits in the month of October. When compared dividend income to last years total in October 2013, it shows an improvement of 59.4%. The difference from last quarter is 8.9% increase.

Total – $127.82

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