Well, its been a pretty rocky month for me personally. I took a paycut at work, and there's really no telling how much longer I'll be employed period. I knew this was a possibility, which is one of the reasons I really wanted to focus on saving and investing for cash flow. The whole situation has forced me to take a long hard look at how much I'm making in dividends currently to see if I could live off of them currently. I think it would be close, but I'd be much better off waiting longer. However, I just got the news this morning that my bank stock dividend is going up 5 cents a share quarterly, which represents over a 300 dollar a quarter increase, which is great for me! Anyway, on to the November dividend update:
CLMT - $279
LINE - $414
O - $10.16
ERH - $42.38
TOTAL = $745.54
Not bad! I'll be happy when the Feb-May-Aug-Nov dividend totals are over $1000, but 'm getting close to it!
In other news, I'm thinking of getting rid of one of my savings accounts and just taking the money and buying up shares of a very conservative dividend stock (think PG, JNJ, etc.). Thoughts?
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