KICKED OFF DECEMBER WITH 5 GREAT DIVIDEND PAYMENTS!

Now that the transfer from Capital One to Etrade is complete, it's time to get busy building monthly dividend income again.  I'm happy to report, I collected 5 great dividend payments for the first of December, reinvesting 4 to buy more shares and taking the remaining payment in cash.

I've taken a new approach to reinvesting dividends since switching to Etrade.  If the stock is more than what I paid for it, I take the dividend in cash and if it's selling for less than I paid, I reinvest the dividend.  My goal is to reduce the average price per share on the stocks that are down in price by reinvesting dividends at the lower price.  This will put me in a better position to benefit from a recovery in share price on these stocks.  As for taking cash payments from stocks that have gained in price, it may seem like it would be better to buy more shares of something that's doing good.  However, my thinking here is, I don't see any of them doing well enough going forward to justify raising my average price per share by reinvesting dividend payments.  So instead I'll take the cash and use that where I see more opportunity.

I'm still wanting to purchase a larger stake in AGNC.  I like their monthly dividends and the high yield, but I mostly like their numbers which lead me to believe they can continue paying the dividends.  So I'm wanting to build up a large stake in my Roth account to add to monthly cash flow.  I do own shares in all three of my investment accounts now and plan on keeping them for the long haul.