I attempt to screen and purchase undervalued dividend growth stocks. These companies have increased their dividend for at least 15 years and have a lower than average price to earnings (PE) ratio, a higher operating margin, a low price to book, a reasonable dividend yield and payout ratio. This is easily my favorite part of my financial empire.
With my crazy increase in naked put premiums last month I was excited to get my watch list created, so I can buy my monthly purchase plus my extra amount made. Like last month, I excited to create this list as it was we hit another market high today. If the old adage is to buy low and sell high, why would I be excited to make a purchase now? Just because the market is flying high doesn't mean there is not value to be found. Just maybe I can find something that hasn't increased with the broad market. As a reminder, every month I [...]