Every Sunday, I uncover a high-quality dividend growth stock that appears to be undervalued. These pieces are published at Daily Trade Alert, which is a site that focuses on dividend growth investing, stocks, and unique investment opportunities. I’ve been writing for them for years now, and they’re just great over there. Each week, I publish an excerpt of my work here, when it’s fresh off the press. This is your opportunity to check it out. I hope you enjoy!
Becoming a successful long-term investor requires overcoming a number of biases.
One of them is recency bias.
This is a phenomenon where a person most easily remembers something that has happened recently, instead of something that may have occurred less recently.
They then use those easily-recalled recent memories as a baseline for what will happen in the future.
It’s never been more important to avoid succumbing to this bias.
Image courtesy of: Stuart Miles at FreeDigitalPhotos.net.
P.S. If you’re interested in achieving financial freedom in your life, particularly via dividend growth investing, check out some amazing resources I’ve personally used on my way to becoming financially free at 33!
Really happy to see you talk about this one. I’m trying to build up a sizable position here during the health crisis… I just wish it would dip back down to $40! Anyway still gotta love that 5%+ starting yield from such a high quality, safe company.
Jason Fieber says
My pleasure to highlight it. It’s not often that you’ll see this kind of value on this kind of quality. 🙂