Why I’m Investing In Johnson & Johnson (JNJ) Every Week

The time is now, to be as aggressive as ever, investing in dividend stocks to grow your passive income. Our goal is to reach financial freedom by building a growing dividend income stream. We aren’t going to reach this coveted end game by leaving our cash on the sidelines. Like Lanny, I am finally committing to a consistent, weekly purchase strategy. There is one twist, however. My wife and I are going to buy Johnson & Johnson every week! This article will explain why.

JNJ, Johnson & Johnson

The Benefits of Investing Consistently

We all know the famous saying. Its about time in the market, not timing the market. That saying holds a lot of weight, given the current state of the stock market. When was the last time the stock market had several consecutive down days? It was about this time last year, when the market collapsed as the COVID-19 pandemic sent shockwaves through the world.

Since the bottom in 2020, the stock market has only gone in one direction…up. You want to know what is crazy though? Let’s take a step back and look at the trend of the S&P 500 over the 5 years. That’s right, the stock market has soared. Even after the market drop in 2020.

Want to take a step even further back? Let’s increase the length of time the chart shows. Look at the S&P 500 since the 1980s. Again, you guessed it, the trend is upwards.

This just reinforces the importance of investing as much capital, as possible, over time. Invest with conviction and do it consistently. 10 years from now, you won’t remember the price you paid for an investment today. Instead, you will be smiling and thanking your past self to taking these important steps and buying income producing assets.

Want an example of executing a successful, consistent investing strategy? Look no further than the other Diplomat, Lanny. Since mid-2020, Lanny and his wife have been purchase 3 shares weekly of Vanguard’s High-Dividend Yield ETF (VYM).  Now, their position has grown to over $10,000 each! That’s insane.

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Disclaimer: I do not recommend any decision to the reader or any user, please consult your own research. Thank you.

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