Dividend growth investing is a long game.

That’s not a slogan. It’s a reality — and one that weeds people out quickly.

If you’re looking for fast wins, dramatic trades, or short-term price confirmation, this probably isn’t your strategy. Dividend growth investing is about something far less exciting in the short term… and far more powerful over time: owning great businesses, collecting reliable income, and letting compounding quietly do the work most people underestimate.

That’s why experienced dividend investors sound like broken records. We repeat things like time in the market beats timing the market and patience pays. Not because it sounds good — but because it’s how wealth is actually built.

Still, long-term doesn’t mean mindless.

Valuation matters. Not because we’re trying to trade around positions, but because price determines how much income we lock in when we buy. When the market offers a high-quality business at a lower price, that’s not a reason to panic. More often than not, it’s an opportunity to lean in — provided the fundamentals haven’t changed.

This is where dividend growth investing quietly flips volatility on its head.

When a stock falls but the business remains intact, the math improves. The dividend goes further. Your entry yield rises. Each dollar buys more ownership. That’s not risk — that’s leverage working in your favor.

Of course, not every falling stock is a bargain. Some deserve to fall. Broken businesses, stretched balance sheets, shaky dividends — those are traps, not opportunities.

But when fundamentals hold and price drops anyway? That’s the setup dividend growth investors wait for.

Jason Fieber just showed exactly how this works in real life.

Back in August, Jason published a full valuation write-up on Invitation Homes (INVH). At the time, he pegged the stock as meaningfully undervalued based on cash flow, income reliability, and long-term demand.

Since then, shares have slid roughly 8%. Same company. Same assets. Same growing dividend stream. Lower price.

And here’s the key point most investors miss: nothing broke.

Jason didn’t flinch. He didn’t “wait for confirmation.” He didn’t pretend he could time the bottom.

He bought more.

Not because he’s guessing. Because the thesis still holds — and the valuation improved.

That’s dollar-cost averaging done right. Not blindly. Not emotionally. But deliberately, as price moves in your favor.

Invitation Homes owns and operates single-family rental homes across the U.S. With housing supply tight in many markets and shelter costs stubbornly high, renting isn’t going away anytime soon. INVH collects rent checks. Shareholders collect dividends. No tenants calling. No roofs to replace. No toilets to unclog.

For income-focused investors, it doesn’t get much cleaner than that.

And when shares fall while the cash flows keep coming? Your income proposition actually improves.

Here’s the situation in plain English:

This is exactly the environment dividend growth investors are built for.

You don’t need to predict next month’s price. You don’t need to guess when sentiment will flip. You just need the discipline to ask one simple question: Would I be happy owning more of this business at this price?

That’s how portfolios are built quietly, steadily, and successfully.

Buying a great income producer at a fair price is smart. Buying more when the market hands you a better deal — assuming nothing has changed — is how long-term investors stack the odds in their favor.

Jason’s recent add to Invitation Homes isn’t flashy. It isn’t dramatic. And that’s exactly why it works.

No predictions. No hype. Just fundamentals, valuation, and patience.

That’s the long game.

Good investing!
Greg Patrick

P.S. Jason didn’t just buy more Invitation Homes. This same trade alert included two additional buys in his real-money FIRE Fund — and Patrons saw all of it in real time, with full rationale and portfolio context. If you want to see exactly how he’s allocating capital right now (and get every future buy/sell alert), you can join his Patreon for just $8/month (or save with the annual plan). Click here to check it out.

Source: Dividends & Income