HomeThe Money By Ramey Dividend Portfolio: January 2024

The Money By Ramey Dividend Portfolio: January 2024

Hi everyone! Here is the MoneyByRamey.com Dividend Portfolio January 2024 Update:MoneyByRamey.com January 2024 DividendsJanuary 2024 dividends came in at $596.11 which represents a 114.54% increase vs. $277.86 worth of dividends earned in January 2023.We did do a bit of house cleaning in February (which you’ll see reflected in our February payouts). Mainly this was to make some capital available for a real estate purchase. The other motivating factor was to sell some of our stocks at a seemingly high point as well.Below I’ve included my dividends by month graph, check it out and see the trends. We have sold about $100K of our portfolio for real estate the past two years, but even though dividends take a short-term hit, they usually recover within a short time span.Want to see the progress of the portfolio? Check out Dividend Income: the Trend2023 Reflections and 2024 Outlook2023 was an interesting year for stocks. Markets continued upward though economic headwinds are everywhere in sites. I don’t remember seeing as many layoffs, especially from large companies.I think 2024 will be a challenge – interest rates are stymying economic growth and companies are being focused on cost cutting measures wherever possible. A lot of the new spending is being driven by government, which becomes unsustainable at such high interest rate levels.In fact, we’ve been seeing the deficient increase by nearly a $1 Trillion every 3 months, on pace for $4 Trillion throughout the year.Needless to say, this is unsustainable. We need to get a handle on this and fast, otherwise your and my money will become worthless (which is why we’re seeing runs on bitcoin and gold).Regardless, we’ve seen this play out before. I remain bullish that we can and will figure out the obstacles that lie ahead of us. Upward and Onward my Financial Freedom seekers!Simple Investing Now Available!Want to learn the dividend investing strategy? Learn the ins and outs of how to invest in dividends to grow your passive income! Want to Learn Active/Passive Income and Investing Strategies?Sign up for our Live Free and Div Hard email list to receive exclusive ideas and tips straight to your inbox!Disclosure: I am/We are long $AAPL $ABT $ADM $ALL $BG $BGS $BP $BUD $CAG $CAT $CLX $CMI $COF $CSCO $DAL $DFS $F $FAST $GD $GE $GIS $GT $HBI $IBM $INGR $IRM $JNJ $JPM $KHC $KMB $KO $KSS $LUMN $MMM $MSFT $NWL $PEP $PFE $PG $SBUX $SJM $SPTN $STAG $STX $T $TSN $UPS $VZ $WBA $WEN $WFC $WMT $WPC $WRK $WY $XOMDisclaimer: All the information above is not a recommendation for or against any investment vehicle or money management strategy. It should not be construed as advice and each individual that invests needs to take up any decision with the utmost care and diligence. Please seek the advice of a competent business professional before making any financial decision.(2) This website may contain affiliate links. My goal is to continue to provide you free content and to do so, I may market affiliates from time-to-time. I would appreciate you supporting the sponsors of MoneyByRamey.com as they keep me in business!

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