Roth IRAs can be tough for some to understand and admittedly they are a bit different than the normal offered 401k and Roth but that doesn't mean they have to be feared. Roth IRAs can be incredible investment vehicles and to neglect having one is to leave money on the table and nobody wants that! That'd be like being offered twenty extra bucks from grandma and saying no. How could you not?
Saturday, June 24, 2017
It's been a good little while since I've added any new positions into the Dividend Scythe but this week it finally received one. For this month's investment, I opened a position in Sempra Energy. If you haven't heard of the company before, Sempra Energy is a holding company that mainly operates out of San Diego. Their current holdings include but are not limited to San Diego Gas & Electric (SDG&E), Southern California Gas Company (SoCal Gas), and Sempra South American Utilities. After reviewing their fundamentals and thinking on it for the last few months, I finally decided to pull the trigger on this addition.
Thursday, June 1, 2017
I won’t pull any punches. May has not been a great month for dividend income. It is the first time since I’ve started down this road of dividend investment that I’ve made less than the previous year’s results. While this may on the surface sound like a pretty big deal, I want to instead approach it as an opportunity to face my portfolio’s time of adversity. Instead of sitting here and talking about what went wrong, I instead want to talk about what went right and what will be going right with these results having come to fruition. Let’s start with what I was paid for the month of May.