2024-03-15 12:50:00 ET
Summary
- From time to time, I use my portfolio update to do a quick market review of both the U.S. and Canadian stock market’s performance.
- I prefer to focus on quality companies that will continue to increase their dividends over time. It’s easier to apply and it generates better returns.
- I must admit: seeing the overall market valuation at such levels makes me think twice about my next move.
In September of 2017, I received slightly over $100K from my former employer, representing the commuted value of my pension plan. I decided to invest 100% of this money in dividend growth stocks .
Each month, I publish my results on those investments. I don’t do this to brag. I do this to show my readers that it is possible to build a lasting portfolio during all market conditions. Some months we might appear to underperform, but you must trust the process over the long term to evaluate our performance more accurately.
Performance in Review
Let’s start with the numbers as of March 1st 2024 (during the day):
Original amount invested in September 2017 (no additional capital added): $108,760.02....
Read the full article on Seeking Alpha
For further details see:
Markets Performance Review - February Dividend Income Report