The stock market is plummeting. Recession is here, everyone. Dividend stocks have never looked better in the last 2 years and your future self will thank you for investing in a recession.

Though it may be hard, continue to stay invested, don’t time the market and run in, when others are running out.

Therefore, I put together a few stocks I am watching and considering to buy, when investing in a recession!

Investing in a recession

Another dividend stock watch list! The stock market has been more volatile than ever since the pandemic of 2020. What does that mean? New undervalued dividend stocks are coming to light baby! It’s all about buying dividend income producing stocks – the best source of passive income source on your journey to financial freedom!

The stock market, specifically the S&P 500, is still hanging above 4,000. I didn’t think we’d be here, with all of the negative news going on. 

From the all-time highs of 4,800, dropping below 4,000 and holding steady now above 4,000 the last 4 to 5 weeks. We were in recent bear territory, but have come back up from being down over 20% to now down 15%. What a volatile time period we are in! Chart is below:

(Click on image to enlarge)

Interest rates on the high yield savings accounts have hit a plateau somewhat, hovering around 2%. Fed raises rates again by 75 basis points in September and we may see another 75 basis points come the beginning of November. SoFi and Ally have great historical savings rates, and I use both.

I keep MORE savings in my SoFi savings account – as it earns me 2% on my checking AND savings account! Completely blowing other products out of the water.

In addition, I’ve been buying stocks on SoFi’s investing application (hint, if you sign up YOU get free stock! You can automatically buy partial shares as frequent as you want. Absolutely love investing with SoFi and cannot stop recommending their platform.

What else has been going on? I have been investing more and more into Fundrise, as of late – finally crossing over $15,000+ invested there.

More By This Author:

Intel Stock – Too Cheap to Ignore
5 Dividend Increases Expected in August 2022
AT&T And Verizon Stock Plummet – Overblown Or Avoid The Two Stocks?