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Dividend Growth Stocks to Accumulate in October 2021

October 2021 is starting and here is a list of stocks we would like to focus on accumulating. We have the entire watch list of stocks we like but in that watch list, not all stocks are a buy. They are just candidates. We then narrow that list down to stocks we want to trade options against and stocks we want to be buying.

But this time our accumulation program will be slightly different as we need to narrow our focus down a bit. This list became too broad and it was difficult to focus on the goal. On top of it, we imposed rules on when we can accumulate the stocks. We can use 20% of any cash above the $2,000 limit.


Dividend growth stocks to accumulate in October 2021


Here is the list we would like to focus on this month. It also contains our progress from previous months. We pick a stock in the list and keep buying until we reach 100 shares. This helps me to focus on the goal and not get distracted too much by other stocks and tips. Sometimes, when I have money available to invest, I get paralyzed asking myself, what am I going to buy now? This list helps me to buy stocks I previously selected as good stocks to buy.

But since the list is getting broad, we are narrowing it to accumulating SPXL and SSO stocks in October only. No other shares will be purchased until we accumulate 25% of the entire account net-liq.

October 2021 dividend growth stocks

If you are interested in knowing how we select stocks to our watch list, you need to subscribe to our challenge account program where we will be explaining the process.

Do your own due diligence if you decide to invest in these stocks. The information here is believed to be accurate but may have changed since publishing.

We will hold these stocks forever. We will sell them only when they no longer meet our dividend investing criteria (for example the company cuts the dividend) or the stock significantly underperform and better opportunities present themselves. If these companies keep paying dividends and increasing them, we will hold.

We will also sell options around these positions to offset our cost basis. During selloffs and recoveries, we may also buy call options to capture the recovery. If you are interested to see what we are buying and what options we are selling/buying, subscribe to our program.

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