5 Dividend Growth Stocks For August 2022
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"Buy the dip." "Be greedy when others are fearful." Sage advice. But these quips are easier said than done. In real life, fear tends to take over when volatility cranks up.
And it's difficult to invest when everyone is freaking out. But being a dividend growth investor, like me, makes it a lot easier. One reason why? Price and yield are inversely correlated. All else equal, lower prices result in higher yields. That's more passive dividend income on the same invested dollar. And because I focus on high-quality dividend growth stocks, I can sleep well at night while I own shares in some of the best businesses in the world. I don't fear world-class businesses going out of business. So being able to buy great stocks on sale... is fantastic. And while you wait for those stock prices to head higher over time, the dividends continue to flow and grow.
Combining this mentality with the dividend growth investing strategy helped me to go from below broke at age 27 to financially free at 33. As great as high-quality dividend growth stocks are, though, you still have to be selective when it comes time to allocate capital. Not every stock is a good buy every time. Focusing on the very best long-term ideas right now is what this video is all about.
Today, I want to tell you my top five dividend growth stocks for August 2022. Check out the video for full details.
Video Length: 00:15:19
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