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As you may know by now, I make a stock purchase every single month no matter what is going on in the world and despite the doom and gloom headlines. Perhaps I am naive, or maybe I'm more optimistic that we will get through these dark financial times somehow.

Either way, I have been busy buying up some shares this month, and I was happy to put some fresh and recycled capital to work to try and recoup some of my lost dividend income courtesy of the numerous cuts bestowed upon my portfolio in recent years.

I know the only thing in my power is to ease into my positions, buy at near all-time highs while also buying during big-time swoons, and stay diversified to mitigate those dividend cuts we have all become familiar with. With that being said, and sticking to my October 2022 stock considerations, I continued to nibble and add to my portfolio this month.

As you can see, I nibbled on several different positions earlier this month. Seeing some of these dividend stalwarts with yields way above their historical average was too much to ignore. Sure, prices may continue to fall further, but as a long time dividend investor I know that it is impossible to catch an absolute bottom.

As mentioned earlier, averaging into positions over time allows me to build up a portfolio without sweating the day-to-day or week-to-week market gyrations. In all, I was able to put over $2,000 to work in October, which is just fine by me. What do you think about my October buys? What have you been picking up? Please let me know below.

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