Buying Dividend Stocks WEEKLY... Change in Strategy? | New Investment Going Forward

I am in an investing dilemma right now. I’ve been buying every week two certain dividend stocks and ETFs, adding to my passive income stream. However, I believe I am full in one of the dividend stocks and the other stock I am now producing over $1,000 in passive income via dividends.

Why do dividends matter? Dividends can be one of the best and easiest passive income streams to create on the road to freedom. Dividends can grow without any active work from you and that is key to being financially free!

Reference items:
►Fundrise – Dividend Diplomats Use this for Real Estate Investing: https://fundrise.sjv.io/9aJWW
►Dividend Diplomats Stock Portfolios: https://www.dividenddiplomats.com/our-dividend-stock-portfolios/
►Vanguard’s Dividend Yield ETF (VYM) Q1 Dividend is Flat – Worried? | Dividend Investing: https://www.dividenddiplomats.com/vanguards-dividend-yield-etf-vym-q1-dividend-is-flat-worried-dividend-investing/
►5 HUGE Vanguard Dividend Announcements: https://youtu.be/samze1xVtd4

Now, first… for over 1 year and 9 months, I have been investing each and every week into Vanguard’s High Dividend Yield ETF (VYM). That position now is over $35,00, producing over $1,000 in forward passive income for me.

However, the latest dividend was flat compared to last year’s first quarter. I know the second quarter may produce better results and make up for the stagnation. Definitely need income to go up, with inflation at 8% and your purchasing power declining each day.

Next, Store Capital (STOR) – the dividend REIT where Warren Buffet also has heavily invested into, is reaching a full position in my dividend stock portfolio. What is a full position for me? Well, I have now over 200 shares of STOR in my dividend stock portfolio. STOR pays me now over $300.

Obviously STOR is a high dividend yielding REIT. STOR pays over 5% and is a real estate investment trust (REIT). I do invest every month in Fundrise, a real estate crowd funding website. I have now invested over $6,000 into Store Capital. I feel fairly okay with that size amount and unless there’s a large dip, I am okay with putting the breaks on Store capital stock.

There are 2 Vanguard ETFs I am considering at the moment. Of course the S&P 500 ETF (VOO) is an option. In addition, I am looking at Vanguard Dividend Appreciation ETF (VIG). Both have performed over 90% and 80% over the last 5 years. In addition, both show case strong signs of dividend growth. VIG offers a better dividend yield than VOO, fyi. These could be two of the best ETFs to invest in, period!

In addition, I have been evaluating other dividend stocks out there to replace STOR and/or VYM – such as Pepsi Stock (PEP), Scott’s Miracle Gro (SMG) and a few others.

Definitely am struggling on what to do here but am hoping YOU, the dividend investing and YouTube community, can help me. I would really, really, appreciate your feedback. What stocks would you buy right now and each and every week? Would you switch buying VYM to VOO? Would you switch your entire investment strategy and start buying these Vanguard ETFs, the two punch system of VOO and VIG?

I want to keep building passive income and reach financial freedom, that is no question and that is a must. I want to get there. Obviously VOO and VYM are lower yielding dividend ETFs. I am definitely in a dilemma on my investment strategy for the remainder of 2022. I am not sure why I am very stressed over this, but I am – I look forward to your feedback, to see what stocks you are buying now and your dividend investment strategy.

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As always, we recommend conducting your own research to make your own decisions.