Getting another taste of Apple

Apple (AAPL) has been about as good of an investment as I could’ve asked for.

And, it was the one I probably put the least amount of thought into. Funny how that works, huh.

When I stared my march toward a $1,000,000 portfolio, Apple was one of the first companies I invested in. It’s an iconic brand, has a cult-like following and I use more than a few of its products on a daily basis. Considering I had no investing know how, I just went with it. Couldn’t hurt, right?

I did what a lot of people say to do … I invested in what I knew.

Now, I say the word “knew” loosely, of course, but you get the idea. I didn’t know how to dissect its financials, I didn’t know how it stacked up to competitors, but I knew I liked its products and handed over plenty of my own hard-earned money to own them.

So, just how good of an investment has it been? Well, I bought my first share, which is still the only slice of Apple I have in my Dividend Farm, for $108.24 back on August 24, 2016. Like I said, it was one of my first investments. Since then, it’s up $63 … that’s a 58.20% gain, people.

The dividends have been solid, too. I received payments of $0.57 each of the first couple quarters before Apple raised the dividend to its current quarterly amount of $0.63 – which I received today. The dividend brought my November passive income total to $33.77 while boosting my 2017 mark to $306.05.

More dividends came my way earlier this week, too. You can read about Monday’s here and Wednesday’s here. I must have fallen asleep at the wheel Tuesday, but the dividends came from OKE and MMP.

Anyway, back to Apple.

So, why am I telling you about Apple’s massive gains and dividend boost? For starters, anyone who has been reading my blog for the past year or so knows it’s just what I do. I blog about the dividends I receive and the steps I take toward building a $1,000,000 portfolio. I also tell you this, though, to show you investing doesn’t have to be overly complicated. You can make it complicated if you want, but you don’t have to.

Investing can be as simple as buying a share or two of a company you are familiar with and, well, that’s it. There’s nothing else. Buy whenever you have some extra cash laying around and hold into it. Who knows, maybe it will grow by 58% in a year like Apple has.

March on!

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