PANIC OVER CHINA TRADE WAR COULD BE GOOD BUYING OPPORTUNITY

I just set all my stocks to reinvest dividends.  With people panicking over the trade negotiations with China, stock prices have plummeted.  I think it could be a good buying opportunity.  So I'm reinvesting all dividend income until the whole thing plays out.  Eventually I believe China will negotiate a deal and the markets will recover.

I think this is where Trump is definitely on the right track.  For far too long trade between the U.S. and China has been very one sided.  It's about time the tables were turned.  While many might think Trump is fighting a losing battle here, I don't think that's the case.  He stated almost casually, "We can make these things here."  Which is absolutely true.  So while Chinese products may be cheaper, there's no reason we have to buy from them.  Anything manufactured there can be manufactured in the U.S. just as well.  Might cost a little more, but then again, it would also provide more jobs and boost our economy.  I think he's on the right track and we'll eventually see a new trade deal with China that is much more favorable to the United States.

INCREASED MONTHLY DIVIDENDS BY ANOTHER 2%!

Just sold half my stake in ZTR and reinvested the money in CLM.  I consider both to be about equal in risk and don't see either making stellar gains in share price.  However, by trading ZTR for CLM I increased monthly dividends by over 30% on dollars invested and boosted total monthly dividend income by a little over 2%!  Because neither of these two stocks tend to make any capital gains, I'll collect all dividends in cash from both.  High yields but high risk as well.  I'm willing to take the risk, but I wouldn't recommend it to anyone else.

Had some cash left over from the above trades, so I took advantage of the market being down to take out a stake in ABR.  All together, this brings my total number of dividend payments collected per year to 498.  Still less payments than before switching to Etrade, but I'm collecting a great deal more in cash per month!

BOOSTED MONTHLY DIVIDENDS BY 20%!

Wow, I can't believe how long it's been since my last post.  I've been terribly remiss.  I'll try to do better from now on.  Been really busy since December, looking for ways to increase monthly cash flow from dividends.

Sold my SPLV shares for a tidy profit and reinvested the money in OXLC to triple dividend income on the same dollars invested.  Also sold some shares of GAIN, in my ROTH account, to take out my initial investment and kept the remaining shares, so I'm playing with the house's money there.  Whatever I make from the remaining shares is pure profit as far as I'm concerned.  Also purchased shares in EVT, to add more stability to my portfolio.  Today I purchased shares in AMZA with over a 21% yield to bring the total increase in monthly dividends to a little over 20% since the beginning of 2019!

I'm pretty happy with the progress I've made so far and excited about picking up some bargains while prices are down.  However, with my retirement looming ever closer and health issues that may cause me to have to sign up for disability, I'll be on the lookout for ways to turbo charge my monthly dividends.

Currently I'm reinvesting all dividends in stocks that are selling for less than my original purchase price and taking cash payments on stocks selling above my original buy in.  By doing so, I'm reducing the average price per share on the under performers and holding the line on stocks showing capital gains.  Not exactly sure of the wisdom of this approach, but so far it's working out well for me.

I'm amazed by the ever increasing monthly dividends, whether I add new money or not.  Reinvested dividend income keeps monthly cash flows growing every month.  While the prices of my shares go up and down, my income from dividends just keeps increasing, regardless of whether or not some of my shares cut their dividends.  If the cut is minor, I usually keep the stock.  If they suspend dividends, they're sold and replaced with another dividend payer.