Dividends are our friends.
May. 31st, 2015 11:25 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
agoodwinsmithSo. My pile of DIY invested money received $55.00 [1] in dividends this past month. For comparison, my RRSP money, which is 2.75 tmes as big, made $30.00.
However, it hasn't all broken even yet, since my stock prices have dropped, so on paper I am in the hole. And stock prices have changed during the weekend, which I didn't think they did, so there's a thing. I understand that other stock markets around the world are not constrained by my Vancouver BC weekend, but I didn't think that any of my stocks traded on them. Hmm.
In the time-honoured spirit of cognitive dissonance reduction, I am now full of reasons why my choice to DIY invest is a good one. Here's my latest armchair economist reason: both my Canada Pension (to be received in future), and my work pension (to be received in future) are invested in the stock market, so the stock market must be the place to be. :)
It is amazing to me how quickly this became merely a number game, like counting cards in crib.
[1] - this is in addition to the $22.00 for the previous partial month.
However, it hasn't all broken even yet, since my stock prices have dropped, so on paper I am in the hole. And stock prices have changed during the weekend, which I didn't think they did, so there's a thing. I understand that other stock markets around the world are not constrained by my Vancouver BC weekend, but I didn't think that any of my stocks traded on them. Hmm.
In the time-honoured spirit of cognitive dissonance reduction, I am now full of reasons why my choice to DIY invest is a good one. Here's my latest armchair economist reason: both my Canada Pension (to be received in future), and my work pension (to be received in future) are invested in the stock market, so the stock market must be the place to be. :)
It is amazing to me how quickly this became merely a number game, like counting cards in crib.
[1] - this is in addition to the $22.00 for the previous partial month.
