Hey Joseph i have just turned 18. I would like to hear what's your suggestion to someone like me about investing. I was intrested in swing trading(in day trading) but decided to leave it because of your advice, but on the other hand dividend investing seems just too slow for me especially having only about 1000$ free for investment. Btw I'm from europe does that change anything? Love your channel ;)
@@aviadrotem6927 hey man I m 18 too and from germany. IMO you have to get a bit more patiened. We re just 18 and the compounding Effect is stronger the more time you have and we have a lot. The Problem is if you want to make the money fast you are at a higher risk which could end with mess money than with a dividend strategy e.g. But like i said it s just my oppinion
Joseph you should do a basic how to for M1 platform. Its not easy shifting Pies and adding and removing without rebalancing etc. There's also M1 plus and all the extra etc
“Time in the market is better than timing the market”. A recession could hit in 2020, then again the bull market could continue for the next few years.
*GREAT VIDEO* The great news about your dividend portfolio is you just don’t care about the recession as long as your dividend portfolio includes stocks that have a strong dividend payment history and a payout ratio that includes some room to grow and not threaten the dividend, you don’t need to worry! | *GREAT VIDEO* 😎👍🏻
This was an excellent video. So bloody enjoyable to listen to and some great points made. I really do support your longer videos, please keep up the brilliant work here
Everyone’s pulling money out because they think there’s going to be a recession and slowly feed the market when the see they’re missing out on gains. This is feeding the market and keeping us in a bull market far from a recession. It will hit when nobody is expecting it. Great video!
With respect, politics is ABOUT everything. If you're tired of it, boo hoo. It's a lot more tiring for those it holds down. Apathy towards politics is EXACTLY how politicians fuck people over.
Can you explain why you are investing in NLY (Annaly Capital Management Inc)? I looked at it's seeking alpha dividend history and it's dividends are all over the place. Furthermore, it's actual price is all over the place (not trending up or down).
There are 3 companies I own that are not typical growth companies. NLY, NRZ, MAIN. They are extremely high yield companies that I use just for cash flow. They don't continually raise their dividend and instead focus on producing as much cash flow as possible. So they won't be quite as consistent, but I'm going to keep them so I can keep reinvesting their dividends into other companies.
@@JosephCarlsonShow BTW, on your excel sheet, it's great, but it would make it perfect if you had actual earnings per quarter and graph that as well instead of just per month. That would be extremely interesting to see
you talk about the re-balance button but you didnt explain the tax implications that could have especially for people who have trading for less than a year. Also would you please explain how or what you are doing to "lessen" lack of a better word for taxes. i've been listening at around episode 30 or so but dont really know if your account is Roth or traditional ira. and finally can you do a video about taxes whether its better to invest into a index funds, foreign ETF's in recessions or stay in bonds and still do dividend investing in the US like what your doing now. Cheers bob
Thanks for the video on this topic. Sure, a lot of people have made these, but most of us here align with your strategies, which means we don’t really watch a lot of other finance videos....at least I don’t.
Hey Joseph I'm the 25 years old from France, big thank you for your answer to my question ! You made a really good point about the risk of leverage (even in real estate) and the fact that the companies we are investing in use leverages themselves. I got this question because with such low interest rate, I was like if I borrow money at 0.94% and put it in a dividend stock really safe (like A.O. Smith at 1.96% or Hormel Foods at 2%) how can I loose money ? PS : Found this quote who made me smile a while after. “There’s only three ways that a smart person can go broke…‘liquor, ladies, and leverage.” -Warren Buffett
Authentic Joseph Carlson.... This is what makes you great as a UA-camr. Not being changed by your viewership and doing what we want, but doing what you want. Just like the market, followers have ebb and flows that is a lot of unnecessary noise. Noise that you have proven to be so very good at ignoring and simply using the power of DCA and time advantage. Love the videos, and how you make the ideas yourself. Hearing you talk makes me feel wiser, but only experience can help me be. Doing something similar to you, but I have my own path. Exclusive ETF investor, not trader. I have had some of the same thoughts you speak of like not trading. Compounding interest is the game, and I guess I'll find out who does better because I'm holding back right now with cash to time the market, but still using DCA.
Joseph, In my opinion, this is an exceptional video. I think you are spot on by focusing on adjusting the risk of your portfolio versus removing principal or reducing cashflow into your portfolio. It is also great that you touched on the mindset of investing, because I believe that other than persistent contributions, a person's mindset will get them to financial freedom, invariably.
Hi Joseph! I downloaded your spreadsheet and love it. I had a question about the growth percentage cap. What would you recommended for someone who is just starting out put in there? My first few months I saw 500% growth but I know that won't sustain over long term. I'm adding capital weekly and want to have a good estimate of my future dividends. I think 200% should be an ok number in there? What does the number really do? Does it cap the calculation for future dividends? Love the spreadsheet updates and can't wait to see those dividends roll in! I can almost pay for my Netflix bill every month just with dividends!
I signed up for early access and M1 plus as well, I called M1 yesterday and they said it's coming in the next couple of weeks and to look out for emails coming soon! Can't wait for the 2nd trading window!
Hey Joseph, got a question about M1 Plus... if you sign up for the account, does it set the bank you use to the M1 spend account only? Or will you be able to fund your portfolio from M1 Spend as well as a regular checking account? Thank you for the great content!
Hey Joseph. I had a question about rebalancing your portfolio. I don't get how selling shares of the stocks that are doing well and using that money to buy the ones that are doing poorly helps at all. Why not just deposit more money and use it to buy the stocks that are doing poorly to rebalance. To me I feel like you want to keep what you have if you can. Keep up the videos, they're awesome and definitely make you want to invest.
Dear Joseph, thank you. I am learning a lot of things from your video. you mentioned that you started your M1 dividend investment since 2018, what kind of investment have you done before then? and what made you decide to pursue this dividend portfolio? thank you for your time
Love the practical knowledge. I'm curious though. Your portfolio growth curve looks so smooth. Normally when contributing to portfolio there is a jump. How much per month do you contribute to the portfolio and how often?
Hi Joseph, love you content man, started investing using M1 due to ur videos. Quick question, during tax season how do u go about adding that to your tax how doe it work?
Guys, please pay attention to Joseph's videos. 1) don't just copy his portfolio unless you understand why 2) understand that you are investing for years (hopefully decades) and not days. If it goes down, that's when you want to buy more.
I like Robinhood for being able to actively buy and trade stocks on a more daily basis, but there are some stocks I plan on keeping for a long time and would also love to instantly use the dividends to reinvest into more shares and Robinhood doesn't appear to have features like fractional shares that would be nice to have to do things like this. Because I have to register an account when signing up to services like M1 and Robinhood with the SEC if I recall correctly, is it possible to use both Robinhood and M1 on the same account? For example, could I buy a stock in Robinhood and have it show up in M1, all the while, having M1 reinvest the dividends as they come in, and perhaps have a monthly deposit that it allocates automatically. Basically, is it possible to have the best of both worlds, or do I have to commit to a platform and simply accept it's pros and cons?
Hi Joseph, Amazing videos man. I was wondering what you think about Target TGT after their amazing e-commerce growth. I bought some shares even after the stock went up 20% because I still think it is undervalued. Thanks.
25:17 post about getting in with your portfolio and losing money every day: as soon as the trade war stuff started and the market had some sharp drops, I figured some new investors would see nothing but red and despair. I got in about a month before LordGuns, and I'm seeing red on almost every holding I have too, lol. I got into ABBV and VLO before their big drops. BUT IT'S ALL GOOD. My regular deposits and reinvestments are buying more shares now than they were two months ago. Every stock is still working for me while I sleep, cranking out those dividends.
Dividends are like clockwork. Time in and timeout they just keep ticking along. Don’t sell your positions. Just keep reinvesting and value averaging down. Get more value for your money compounding your dividends even more. 💰💰💰
My 2 cents on selling. I agree you never know when a recession is going to hit and you never know when the market has hit bottom. I sell when there's an actual problem with an asset [i.e., Enron]. I some times sell a few thousand or 5% of an individual asset if it's considered over price and reinvest in an asset that's under valued. But I restructure by buying Bonds and REITs with adding new money. I'm considering increasing emerging market funds in Oct. or Nov., because of dividend potential. Paraphrasing Buffet: Be Greedy when the sheep are Fearful and Fearful when the sheep are Greedy.
Hey what do you think about the news release about ceos saying that returning shareholders value is not their main objective anymore . What do you think about it? I’m concerned
You're concerned about prioritizing customers, employees, and supporting the communities they operate in, instead of just Wall Street? ... Don't worry, it's probably just PR and spin anyway. They know that flipping the finger to Wall Street for real would be career limiting.
@Evocati I'm quoting from the news report about what the 200 CEOs said. They're saying the touchy feely bullcrap. But like I said, I think it's just PR anyway.
I think people are hyping the "inversion" The recession indicator is valid when staying inverted for days. We didn't even close inverted for the day. So I think we are jumping the gun on this. I am very concerned about the market, but I think there is a lot of noise out there.
Just wanted to get your input on Amazon. Would you classify it as tech or consumer cyclical? Although technically it's listed as the latter, it definitely has a lot going for it tech wise. Thanks for the videos!
So you have quite a few stocks, but what is the main difference between your profile and investing in an index fund? You only focus on dividend growing companies? why not just invest in an index fund? Your gains are pretty good though.
27:00 - Great clip. It does take some nerve to hold when your portfolio is cherry-red form tip to toe, but you need to repeat the mantra - "It will recover, it will recover..." Great series, keep going. Looking forward to you reaching $100k and 100K subscribers
HI Joseph, Thanks for the great work and informative videos as always. If I never withdraw the dividends and reinvest it do I still have to report it on my yearly income taxes?
Hey I’ve been watching your series and you have some really great content. I’ve recently got into investing and I would like to know in more detail how you pick your bond ETFs. Thanks and keep up the great work
Hypothetical question If you bought shares in company A over the years as the price went up and you decided to sell some which chunk of shares would be sold the ones you purchased recently or the orginal shares you bought at the best price that have grown sustantially due to yield on cost.
@@deanoudhini7292 You didn't ask me, but I'll chime in anyway: I'd sell the lots that would make me the most money, so the earlier shares. YoC is just a metric, a way of measuring return. It's not a goal in itself. I'm never going to avoid selling something in order to maintain an artificial number. I want that money! Now if what you mean by YoC is the future cash flow from dividends that I'll no longer have because I sold the shares generating it, sure, that's a consideration. Presumably, I'm selling because I need the cash for something I need or for an asset that is more valuable, so that should balance out in the end.
Hi How can you say 2008 there was not much talk of a recession, the yield curve has existed and predicted many previous recessions before the 2008 recession. And people all knew it was coming, they just didn’t know what would trigger it. thanks
So do you think waiting for jobs number is best predictor of the next recession? I’m like you just holding strong with 25% bonds and 25% gold/miners. 50% is stocks and emerging markets So if unemployment upticked a .25 % would that be a sign do you think?
Hello Joseph, I was curious, how does investing in bonds compare to a high interest savings account. Seeing as many online savings accounts are now paying over 2% interest with no fee. Wouldn't it be better to just stick the cash portion in one of those? Thanks for your time. I've watched all of your videos. Keep em coming. :) Regards
The biggest difference is risk of loss. In a savings account, you shouldn't lose any of your money. In fact, you're insured by the FDIC in the US in case the bank goes bankrupt. With bond funds, you could lose some of your money, their prices move up and down. Even if you buy individual bonds and hold them to maturity and they aren't called (a lot of ifs), the bond issuer might still default on the bond and you lose your money. Not to say that bonds are these super risky vehicles, they are generally less risky than stocks. But they aren't risk free, is the point, whereas a savings account is. On the up side, bond funds tend to have higher yield than savings accounts and when they move up, you get capital appreciation just like for stocks.
Hey Joseph, thank you for the enlightening content! You have opened my eyes to a whole new world of exciting opportunities. I came across this concept of Crowd Funded Real Estate Investing Platforms, can you share your honest thoughts about this and whether you think its worth considering? Hope that you can see this message, I am going to sound like a broken record because I'm resubmitting this comment on multiple vids but I would highly appreciate your input on the above as I find your explanations simple yet in-depth and right on the mark.
I think people are more scared nowadays. They hear about or lived through 2008, You’ll still have people selling off like crazy never learning their lesson. Cashing out their 401ks buying back in late. Great vid
First year teachers make 35k in my state. If you're in the cities a bit higher, but if you are out in a rural areas a bit lower. I just think if you're able to save a 3 to 6 month emergency fund and you're aware of the risk of stock investing then money then new moneys can be invested. Basically everyone needs to try and account for the unaccountable with insurance and an emergency fund in a hysa or similar. Just don't go chicken on good companies when things eventually go down and correct or even overcorrect.
No. I have done many deposits of 2k at a time. Smallest deposits I do are a couple hundred dollars. Although I have smaller dividend amounts being reinvested all the time.
Again a great Video Joseph. About the topic of buying in a recession I think you don t need the perfect Timing but it s better to buy At a 20% Discount than to buy when the Stock is up 10%or so. Btw man it s me Nicolas who msg you on insta and from who 1 if the emails was. Hope you had a good start into this week man👍
With a portfolio like this do you think you could just leave it and it would be fine? Or would you need to actively manage it and keep up with all the news/changes in the market ?
Your risk financially is a combination of your equity to debt ratio. The larger my portfolio gets, the safer I am financially speaking, even with some of that money at risk in the market. I would certainly consider Bonds, especially treasury bonds, as part of an extension of your emergency fund. It's very liquid and will maintain good value during downturns. Generally speaking the advice is to have around 3 months of cash. I think the larger your portfolio is the less money is needed in cash reserves. There are some studies and evidence that people have an easier time saving invested money than money in a savings account. So I think a lot of the time people are able to build up a large reserve of value in their portfolio faster than they would in a savings account.
I have 30 k in a high yield savings making 2.2 apy I only have 13k in div stocks after getting into Ramsey and paying off 15k on my mortgage but I’m thinking it’s better for me to buy and hold good dividend stocks instead of trying to pay off house.Im in construction union in ny and there are always chance of layoffs but if gov bond are not as volatile or risky as I thought I will have to look at your bond exposure and copy it.Thanks for your help love your channel!
Also consider the concept of self-fulfilling prophecy or a feed back loop. If so many people believe a recession is in the near future; their behaviors will feed into creating that outcome. (Investor moving from stocks to bonds and cash; business contracting fearing a slowdown, etc, etc. This in turn feeds into negative economic reports and then feed more fear of a recession and thus creating a loop and feeds itself)
Complete novice here, but if your bonds are there to hold value during a recession, why would you want to sell them? I'm under the impression that you are depositing funds into your account regularly. Since your equities will be undervalued, why not just let these new deposits be used to purchase those undervalued equities & move your portfolio more in line with your target percentages? Also, your bonds are currently up 16% (let's just assume that will be the case whenever this recession finally rears it's ugly head), won't rebalancing trigger a taxable event?
Yes, in a taxable account, rebalancing will generate taxes. As for your other question, what are you holding value for? You don't hold value for the sake of holding value. If the goal is, say, retirement with at least X amount of money, and selling these very high priced bonds for a nice profit, and buying some great companies cheap during a downturn, will get you to X faster, why not? Besides, if your portfolio is out of whack because bonds went way up and stocks went way down, you may not be able to get back into balance with new money alone. If you put in $1000 a month, but your stocks fall $1050 a month, how do you ever catch up?
Every time you hit re balance in a taxable account you are creating taxable events just a tax tip. Also the yield curve inverting is NOT a sign of recession. The amount of time the curve remains inverted IS.
What do you think of high-yield saving accounts instead of bonds? there are some ~2.1% accounts. They are not as tax-friendly as bonds, but 100% liquid, 0% risk, up to 250k insured per account (I can see that you have less than that). What are your thoughts? (just fyi. I'm not saying that your way is wrong)
Great video. I don't know possessed me to buy GE back when I first started in June ...but I ended up selling it all and reinvested into better yielding Dividend stocks. Keep up the great content and I hope to one day collab with you and share success stories!
18:11 Really? You don't remember the doom & gloom? I clearly remember a radio story covering how a spike in the price of a gallon of milk is a huge indicator of a coming recession.
If Jason is worried about a recession he should buy bond etf's like IEF, SHAG, JPST, SHY. They will and are increasing in value and they pay a dividend every month as rates go down and the market sniffs out a recession.. No problem at all unless you trade in a taxable account.
@@davidtaylor8562 The main portfolio on screen is an individual taxable account. But I have a Roth IRA that is similar strategy that is maxed out this year and I will continue to max out every year. I have a previous episode on that account as well.
Buying at the bottom isnt necessary. Just need to buy low. As for whether or not a recession will hit historically a recession happens every 5 years on average. We are overdue for one.
I have about $390,000 invested in dividend stocks and should earn $18,000 in dividends this year. I have been buying oil stocks like RDSB and BP along with ABBV because they are cheap and dividends are around 6%. I figure if I had $1m invested and was getting around 6% in dividends, then I could live off the $60,000 of dividend income per year. So my goal is to grow my portfolio to $1m. However, I do have 20% of my portfolio in growth, non-dividend stocks since many dividend stocks do not grow in price. For example, don't expect RDSB and BP to grow much in price.
If Bonds are holding their value the most and safer from recession, why rebalance, selling off shares and buy more equities, thus losing value instantly? I understand buying more shares at cheaper prices, so why not just buy more with weekly deposits vs selling bond shares?
It's a fair point. You could also miss out on bigger moves of bonds going up, if you sell "too soon". But your portfolio targets are there for a reason, and if your plan says you should only be 20% in bonds, and due to bonds going up and stocks going down, your bond slice is now 30%, should you just ignore that? Depending on the size of your portfolio, using new money to restore balance could take a very long time, if ever, particularly if stocks keep going down. Sticking to your plan is almost always better than any other play, assuming the plan was a good one to begin with.
Trying to get into stocks. Only have a few hundred bucks to spare for a while. What should my goals be if I want to make a decent profit? (Not sure if this question made sense but ya)
Hey Joseph i have just turned 18. I would like to hear what's your suggestion to someone like me about investing. I was intrested in swing trading(in day trading) but decided to leave it because of your advice, but on the other hand dividend investing seems just too slow for me especially having only about 1000$ free for investment. Btw I'm from europe does that change anything? Love your channel ;)
I like dividend investing, or long term investing in general because it's something that I believe everyone can replicate. I think it's a minority of people that will consistently make money swing trading, and I think a lot of the money made in that industries by the "professionals" is by the products and services they sell to people who are seeking a quick return on money. I don't want to discourage anyone from doing something where they can consistently legally make money. So if you're part of that group I think that's fine. It's not a strategy that i'm interested in following though.
Totally agree with Joseph Carlson. Dividend Income investing can be boring and slow in the first few years. Think of the snowball effect. It starts off small, but once your snowball is of a certain size, it gets easier, starts building faster, and becomes a lot more fun. If you do decide to try swing trading or day trading, I strongly recommend you first paper trade. Meaning you practice trading on paper without any real money involved. You can practice trading strategy without any real money involved to see if you’re profitable and determine if you have the personality and stomach to day/swing trade. Best of luck.
@@vankeo4225 I have been papertrading in marketwatch webstie for the last 2 years. I have great results that mostly came from me staying in a trade despite it droping. I might not have such a strong stomach tho when it comes to real money.
@@JosephCarlsonShow Yeah i can see your point. I have been watching Meir Barak for almost 2 years now and he is selling those overpriced programs about learning to trade like him. Despite all of it he doesnt hide his wins and losses and he is trading live online so you can see that his wins are greater than his losses. But maybe it is that way because all the market is going up and if it was a bear market he would crash down with it.
Aviad Rotem I completely understand. I can easily play online poker wagering tens of thousands of dollar, but don’t have the stomach it that we’re real money. Haha
M1 Finance (broker used in video): m1finance.8bxp97.net/bJjMB
Portfolio update: 0:00
Recessions: 6:52
GE Fraud Allegations: 19:10
Questions: 25:50
Hey Joseph i have just turned 18. I would like to hear what's your suggestion to someone like me about investing. I was intrested in swing trading(in day trading) but decided to leave it because of your advice, but on the other hand dividend investing seems just too slow for me especially having only about 1000$ free for investment.
Btw I'm from europe does that change anything?
Love your channel ;)
@@aviadrotem6927 hey man I m 18 too and from germany. IMO you have to get a bit more patiened. We re just 18 and the compounding Effect is stronger the more time you have and we have a lot. The Problem is if you want to make the money fast you are at a higher risk which could end with mess money than with a dividend strategy e.g. But like i said it s just my oppinion
Can you please clarify, is your dividend yield is about 1.66% for all your portfolio? I don`t really understand how to calculate it correctly.
Can we get a link to that FRED chart on unemployment rate with recession bars? Thanks.
Your outlook on life is exceptional. Much respect.
gotta love a dividends portfolio. Recession or no Recession coming, you know its going to do well
Its great to know that you get money regardless of the things what happen to the market
@@saintnico6268 couldn't say it better family
@horriblepancake not rly tbh. Market is still up so much
horriblepancake the grind is long bro I started with nothing 6 months ago and I’m finally at 1800 with about $20 in dividends made!!🤑🤑
@@justinmathis1850 15k in Jan. At 18k now.....
Thanks for not cluttering up your videos with unnecessary music in the backround. One of the reasons i keep coming back is its not hard to listen to
Arias Beardslee so true
Rebalancing involves tax implications for those of us who have regular accounts (non IRA accounts).
Joseph you should do a basic how to for M1 platform. Its not easy shifting Pies and adding and removing without rebalancing etc. There's also M1 plus and all the extra etc
“Time in the market is better than timing the market”.
A recession could hit in 2020, then again the bull market could continue for the next few years.
Funny how things turned out eh?
Good fun watching financial videos from the past to see people talk about doom and gloom that never happens. Joseph has a good head on his shoulders.
*GREAT VIDEO* The great news about your dividend portfolio is you just don’t care about the recession as long as your dividend portfolio includes stocks that have a strong dividend payment history and a payout ratio that includes some room to grow and not threaten the dividend, you don’t need to worry! | *GREAT VIDEO* 😎👍🏻
Travis Williams THANK YOU for weighing in. 😎👍🏻
This was an excellent video. So bloody enjoyable to listen to and some great points made. I really do support your longer videos, please keep up the brilliant work here
Time in the market > timing the market
Great video as always Joseph
First time I ever click the 👍🏼 button. That last answer should be one good reason to follow your channel.
Everyone’s pulling money out because they think there’s going to be a recession and slowly feed the market when the see they’re missing out on gains. This is feeding the market and keeping us in a bull market far from a recession. It will hit when nobody is expecting it. Great video!
Love your commentary Joesph. So calm and sensible. Keep being you!
Thanks for not talking about politics (unless it's related to finance). I'm so sick of hearing about it in everything I listen to.
With respect, politics is ABOUT everything. If you're tired of it, boo hoo. It's a lot more tiring for those it holds down. Apathy towards politics is EXACTLY how politicians fuck people over.
@@whatwelearned Facts👏🏼
@@whatwelearned Church.
Can you explain why you are investing in NLY (Annaly Capital Management Inc)? I looked at it's seeking alpha dividend history and it's dividends are all over the place. Furthermore, it's actual price is all over the place (not trending up or down).
There are 3 companies I own that are not typical growth companies. NLY, NRZ, MAIN. They are extremely high yield companies that I use just for cash flow. They don't continually raise their dividend and instead focus on producing as much cash flow as possible. So they won't be quite as consistent, but I'm going to keep them so I can keep reinvesting their dividends into other companies.
@@JosephCarlsonShow Thank you for the response!
@@JosephCarlsonShow BTW, on your excel sheet, it's great, but it would make it perfect if you had actual earnings per quarter and graph that as well instead of just per month. That would be extremely interesting to see
Love your videos, I just started a portfolio on Robinhood a month ago and you’ve convinced me to dump Robinhood and go with M1.
Love how you explain politics! Thanks
you talk about the re-balance button but you didnt explain the tax implications that could have especially for people who have trading for less than a year. Also would you please explain how or what you are doing to "lessen" lack of a better word for taxes. i've been listening at around episode 30 or so but dont really know if your account is Roth or traditional ira. and finally can you do a video about taxes whether its better to invest into a index funds, foreign ETF's in recessions or stay in bonds and still do dividend investing in the US like what your doing now.
Cheers
bob
your account is growing so fast, even at times like these that awesome man. lord guns just needs to be patience
Thanks for the video on this topic. Sure, a lot of people have made these, but most of us here align with your strategies, which means we don’t really watch a lot of other finance videos....at least I don’t.
"Biggest ponzi scheme"
Social Security: hold my beer 😂
Sorry, couldn't resist lol
I love people who cry about ss.
Find a job that has a pension. Railroads make great money with great pensions. And run thru everytown..
I'd rather get paid dividends owning railroads 😉
Hey Joseph I'm the 25 years old from France, big thank you for your answer to my question !
You made a really good point about the risk of leverage (even in real estate) and the fact that the companies we are investing in use leverages themselves.
I got this question because with such low interest rate, I was like if I borrow money at 0.94% and put it in a dividend stock really safe (like A.O. Smith at 1.96% or Hormel Foods at 2%) how can I loose money ?
PS : Found this quote who made me smile a while after.
“There’s only three ways that a smart person can go broke…‘liquor, ladies, and leverage.”
-Warren Buffett
Authentic Joseph Carlson.... This is what makes you great as a UA-camr. Not being changed by your viewership and doing what we want, but doing what you want. Just like the market, followers have ebb and flows that is a lot of unnecessary noise. Noise that you have proven to be so very good at ignoring and simply using the power of DCA and time advantage. Love the videos, and how you make the ideas yourself. Hearing you talk makes me feel wiser, but only experience can help me be. Doing something similar to you, but I have my own path. Exclusive ETF investor, not trader. I have had some of the same thoughts you speak of like not trading. Compounding interest is the game, and I guess I'll find out who does better because I'm holding back right now with cash to time the market, but still using DCA.
Joseph, In my opinion, this is an exceptional video. I think you are spot on by focusing on adjusting the risk of your portfolio versus removing principal or reducing cashflow into your portfolio. It is also great that you touched on the mindset of investing, because I believe that other than persistent contributions, a person's mindset will get them to financial freedom, invariably.
Wow 27k ! That's awesome keep up the good work
Joseph you almost at 50k 👀 you going to do a special video?!
Every day I keep looking for new videos!
Leave politics out, good call, I'm with you on that one.
Yea, no demonrat talk
I am hooked to this channel. Keep up the good work.
Hi Joseph! I downloaded your spreadsheet and love it. I had a question about the growth percentage cap. What would you recommended for someone who is just starting out put in there? My first few months I saw 500% growth but I know that won't sustain over long term. I'm adding capital weekly and want to have a good estimate of my future dividends. I think 200% should be an ok number in there? What does the number really do? Does it cap the calculation for future dividends?
Love the spreadsheet updates and can't wait to see those dividends roll in! I can almost pay for my Netflix bill every month just with dividends!
M1 looks like an interesting platform. Clean and simple.
Can you give thoughts on Ticker: LAND
Thanks
+1 I've been following LAND for some time now, very interesting and unusual REIT.
Better in a tax advantaged account.
I signed up for early access and M1 plus as well, I called M1 yesterday and they said it's coming in the next couple of weeks and to look out for emails coming soon! Can't wait for the 2nd trading window!
Hey Joseph, got a question about M1 Plus... if you sign up for the account, does it set the bank you use to the M1 spend account only? Or will you be able to fund your portfolio from M1 Spend as well as a regular checking account? Thank you for the great content!
Joseph do you allocate a specific % of you cash to invest to each dividend stock ?
Hey Joseph, Great video, love your posts.
Ss there a specific broker that you recommend for Dividend investing (tracking) in Canada?
Hey Joseph. I had a question about rebalancing your portfolio. I don't get how selling shares of the stocks that are doing well and using that money to buy the ones that are doing poorly helps at all. Why not just deposit more money and use it to buy the stocks that are doing poorly to rebalance. To me I feel like you want to keep what you have if you can.
Keep up the videos, they're awesome and definitely make you want to invest.
This is a weird time. Communication has never been this instantaneous nor have computers been so prevalent in managing an economy
Dear Joseph, thank you. I am learning a lot of things from your video. you mentioned that you started your M1 dividend investment since 2018, what kind of investment have you done before then? and what made you decide to pursue this dividend portfolio? thank you for your time
Love the practical knowledge. I'm curious though. Your portfolio growth curve looks so smooth. Normally when contributing to portfolio there is a jump. How much per month do you contribute to the portfolio and how often?
Hi Joseph, love you content man, started investing using M1 due to ur videos. Quick question, during tax season how do u go about adding that to your tax how doe it work?
Guys, please pay attention to Joseph's videos. 1) don't just copy his portfolio unless you understand why 2) understand that you are investing for years (hopefully decades) and not days. If it goes down, that's when you want to buy more.
I like Robinhood for being able to actively buy and trade stocks on a more daily basis, but there are some stocks I plan on keeping for a long time and would also love to instantly use the dividends to reinvest into more shares and Robinhood doesn't appear to have features like fractional shares that would be nice to have to do things like this. Because I have to register an account when signing up to services like M1 and Robinhood with the SEC if I recall correctly, is it possible to use both Robinhood and M1 on the same account? For example, could I buy a stock in Robinhood and have it show up in M1, all the while, having M1 reinvest the dividends as they come in, and perhaps have a monthly deposit that it allocates automatically.
Basically, is it possible to have the best of both worlds, or do I have to commit to a platform and simply accept it's pros and cons?
Thanks for the video Joseph
Great videos Joseph. Looks like M1 is not available in the UK though.
Hi Joseph,
Amazing videos man. I was wondering what you think about Target TGT after their amazing e-commerce growth. I bought some shares even after the stock went up 20% because I still think it is undervalued. Thanks.
25:17 post about getting in with your portfolio and losing money every day: as soon as the trade war stuff started and the market had some sharp drops, I figured some new investors would see nothing but red and despair. I got in about a month before LordGuns, and I'm seeing red on almost every holding I have too, lol. I got into ABBV and VLO before their big drops. BUT IT'S ALL GOOD. My regular deposits and reinvestments are buying more shares now than they were two months ago. Every stock is still working for me while I sleep, cranking out those dividends.
Dividends are like clockwork. Time in and timeout they just keep ticking along. Don’t sell your positions. Just keep reinvesting and value averaging down. Get more value for your money compounding your dividends even more. 💰💰💰
24:58 Huh. No mention of Larry Culp purchasing 252,000 shares of GE. That's a very bold move if there is legitimacy to the claims.
My 2 cents on selling. I agree you never know when a recession is going to hit and you never know when the market has hit bottom. I sell when there's an actual problem with an asset [i.e., Enron]. I some times sell a few thousand or 5% of an individual asset if it's considered over price and reinvest in an asset that's under valued. But I restructure by buying Bonds and REITs with adding new money. I'm considering increasing emerging market funds in Oct. or Nov., because of dividend potential. Paraphrasing Buffet: Be Greedy when the sheep are Fearful and Fearful when the sheep are Greedy.
Hey what do you think about the news release about ceos saying that returning shareholders value is not their main objective anymore . What do you think about it? I’m concerned
Adult Memer he tweeted about this.
You're concerned about prioritizing customers, employees, and supporting the communities they operate in, instead of just Wall Street? ... Don't worry, it's probably just PR and spin anyway. They know that flipping the finger to Wall Street for real would be career limiting.
@Evocati I'm quoting from the news report about what the 200 CEOs said. They're saying the touchy feely bullcrap. But like I said, I think it's just PR anyway.
I think people are hyping the "inversion" The recession indicator is valid when staying inverted for days. We didn't even close inverted for the day. So I think we are jumping the gun on this. I am very concerned about the market, but I think there is a lot of noise out there.
Good stuff.
Didn't even consider the re-balance feature on M1, thanks!
Just wanted to get your input on Amazon. Would you classify it as tech or consumer cyclical? Although technically it's listed as the latter, it definitely has a lot going for it tech wise. Thanks for the videos!
It's one of those gross conglomerates that Joseph doesn't like. ;)
I'm just kind of curious what the difference is between a bank and the m1 services because you're paying for them so. And I could be problematic.
So you have quite a few stocks, but what is the main difference between your profile and investing in an index fund? You only focus on dividend growing companies? why not just invest in an index fund? Your gains are pretty good though.
So is now the time to be greedy when everyone if fearful? We do keep breaking new highs all the time.
I don't think that everyone is really fearful yet. Nervous yes - but not to the point where people are terrified of holding stock
27:00 - Great clip. It does take some nerve to hold when your portfolio is cherry-red form tip to toe, but you need to repeat the mantra - "It will recover, it will recover..." Great series, keep going. Looking forward to you reaching $100k and 100K subscribers
HI Joseph,
Thanks for the great work and informative videos as always. If I never withdraw the dividends and reinvest it do I still have to report it on my yearly income taxes?
Yes. Dividends are as good as cash. Even if you reinvest them they are taxed.
Hey I’ve been watching your series and you have some really great content. I’ve recently got into investing and I would like to know in more detail how you pick your bond ETFs. Thanks and keep up the great work
Great video! Question, Wont you loose all your yield on cost you have build up if you sell in a recession to buy low.
I would likely only be selling bonds which don’t get much yield on cost.
Hypothetical question If you bought shares in company A over the years as the price went up and you decided to sell some which chunk of shares would be sold the ones you purchased recently or the orginal shares you bought at the best price that have grown sustantially due to yield on cost.
@@deanoudhini7292 You didn't ask me, but I'll chime in anyway: I'd sell the lots that would make me the most money, so the earlier shares. YoC is just a metric, a way of measuring return. It's not a goal in itself. I'm never going to avoid selling something in order to maintain an artificial number. I want that money! Now if what you mean by YoC is the future cash flow from dividends that I'll no longer have because I sold the shares generating it, sure, that's a consideration. Presumably, I'm selling because I need the cash for something I need or for an asset that is more valuable, so that should balance out in the end.
Boom my portfolio 3.81% up which 1.5% is coming from the Dividend, I am loving this good job man!
Hi
How can you say 2008 there was not much talk of a recession, the yield curve has existed and predicted many previous recessions before the 2008 recession. And people all knew it was coming, they just didn’t know what would trigger it. thanks
I live in Europe and i cant use M1 finance. I would love to copy your portfolio and learn from you..
Hi Joseph what do you think about 3M is also a huge company that makes around 55,000 different products just like GE? Thank you
He's done a video on 3M and industrials in the past have a dig
Love Your channel. Dream of being able to use M1 finance here in Brazil
So do you think waiting for jobs number is best predictor of the next recession?
I’m like you just holding strong with 25% bonds and 25% gold/miners. 50% is stocks and emerging markets
So if unemployment upticked a .25 % would that be a sign do you think?
Hello Joseph,
I was curious, how does investing in bonds compare to a high interest savings account. Seeing as many online savings accounts are now paying over 2% interest with no fee. Wouldn't it be better to just stick the cash portion in one of those? Thanks for your time. I've watched all of your videos. Keep em coming. :)
Regards
The biggest difference is risk of loss. In a savings account, you shouldn't lose any of your money. In fact, you're insured by the FDIC in the US in case the bank goes bankrupt. With bond funds, you could lose some of your money, their prices move up and down. Even if you buy individual bonds and hold them to maturity and they aren't called (a lot of ifs), the bond issuer might still default on the bond and you lose your money. Not to say that bonds are these super risky vehicles, they are generally less risky than stocks. But they aren't risk free, is the point, whereas a savings account is. On the up side, bond funds tend to have higher yield than savings accounts and when they move up, you get capital appreciation just like for stocks.
Hey Joseph, thank you for the enlightening content! You have opened my eyes to a whole new world of exciting opportunities.
I came across this concept of Crowd Funded Real Estate Investing Platforms, can you share your honest thoughts about this and whether you think its worth considering?
Hope that you can see this message, I am going to sound like a broken record because I'm resubmitting this comment on multiple vids but I would highly appreciate your input on the above as I find your explanations simple yet in-depth and right on the mark.
Are you talking about things like Fundrise?
@@JosephCarlsonShow Yes, like fundrise and Realty Mogul, etc..
The recession is "scheduled..." LOL, I love your deadpan comments! haha!
It's too difficult to time a recession, most should have a long term investment plan and stick to it.
I was waiting 4 this
I think people are more scared nowadays. They hear about or lived through 2008, You’ll still have people selling off like crazy never learning their lesson. Cashing out their 401ks buying back in late. Great vid
do you think investing in both Visa and MasterCard is a good idea?
First year teachers make 35k in my state. If you're in the cities a bit higher, but if you are out in a rural areas a bit lower. I just think if you're able to save a 3 to 6 month emergency fund and you're aware of the risk of stock investing then money then new moneys can be invested. Basically everyone needs to try and account for the unaccountable with insurance and an emergency fund in a hysa or similar. Just don't go chicken on good companies when things eventually go down and correct or even overcorrect.
Don't see any sharp spikes on your portfolio around pay days. Are you adding $30 per day?
No. I have done many deposits of 2k at a time. Smallest deposits I do are a couple hundred dollars. Although I have smaller dividend amounts being reinvested all the time.
Can you buy gold on M1 finance? I would like my portfolio to be 5% allocated to gold but I don’t know how
You can buy stock in gold holding company's and gold mining company's but to buy actual gold you have to go through a dealer and pay a markup price.
Trust me, whenever it comes to gold, buy the physical thing
Again a great Video Joseph. About the topic of buying in a recession I think you don t need the perfect Timing but it s better to buy At a 20% Discount than to buy when the Stock is up 10%or so.
Btw man it s me Nicolas who msg you on insta and from who 1 if the emails was. Hope you had a good start into this week man👍
With a portfolio like this do you think you could just leave it and it would be fine? Or would you need to actively manage it and keep up with all the news/changes in the market ?
What are your thoughts about how much you should have in emergency fund?Would you say it’s safe to have some of your emergency funds in bonds?
Your risk financially is a combination of your equity to debt ratio. The larger my portfolio gets, the safer I am financially speaking, even with some of that money at risk in the market. I would certainly consider Bonds, especially treasury bonds, as part of an extension of your emergency fund. It's very liquid and will maintain good value during downturns. Generally speaking the advice is to have around 3 months of cash. I think the larger your portfolio is the less money is needed in cash reserves. There are some studies and evidence that people have an easier time saving invested money than money in a savings account. So I think a lot of the time people are able to build up a large reserve of value in their portfolio faster than they would in a savings account.
I have 30 k in a high yield savings making 2.2 apy I only have 13k in div stocks after getting into Ramsey and paying off 15k on my mortgage but I’m thinking it’s better for me to buy and hold good dividend stocks instead of trying to pay off house.Im in construction union in ny and there are always chance of layoffs but if gov bond are not as volatile or risky as I thought I will have to look at your bond exposure and copy it.Thanks for your help love your channel!
i cant wait that M1 expands to the EU , here in germany is no single one broker with similar functions .
you make awesome videos :)
Also consider the concept of self-fulfilling prophecy or a feed back loop. If so many people believe a recession is in the near future; their behaviors will feed into creating that outcome. (Investor moving from stocks to bonds and cash; business contracting fearing a slowdown, etc, etc. This in turn feeds into negative economic reports and then feed more fear of a recession and thus creating a loop and feeds itself)
Complete novice here, but if your bonds are there to hold value during a recession, why would you want to sell them? I'm under the impression that you are depositing funds into your account regularly. Since your equities will be undervalued, why not just let these new deposits be used to purchase those undervalued equities & move your portfolio more in line with your target percentages? Also, your bonds are currently up 16% (let's just assume that will be the case whenever this recession finally rears it's ugly head), won't rebalancing trigger a taxable event?
Yes, in a taxable account, rebalancing will generate taxes. As for your other question, what are you holding value for? You don't hold value for the sake of holding value. If the goal is, say, retirement with at least X amount of money, and selling these very high priced bonds for a nice profit, and buying some great companies cheap during a downturn, will get you to X faster, why not? Besides, if your portfolio is out of whack because bonds went way up and stocks went way down, you may not be able to get back into balance with new money alone. If you put in $1000 a month, but your stocks fall $1050 a month, how do you ever catch up?
Good video
Ticker FUND, USA, and ASG
Every time you hit re balance in a taxable account you are creating taxable events just a tax tip. Also the yield curve inverting is NOT a sign of recession. The amount of time the curve remains inverted IS.
How do i Write Joseph Carlson a message just to him through youtube?
I don't think there is DM through UA-cam, but you can email him at the address in the description.
@@PapaCharlie9 Didnt see that. Thank you.
What do you think of high-yield saving accounts instead of bonds? there are some ~2.1% accounts. They are not as tax-friendly as bonds, but 100% liquid, 0% risk, up to 250k insured per account (I can see that you have less than that). What are your thoughts? (just fyi. I'm not saying that your way is wrong)
Great video. I don't know possessed me to buy GE back when I first started in June ...but I ended up selling it all and reinvested into better yielding Dividend stocks.
Keep up the great content and I hope to one day collab with you and share success stories!
18:11 Really? You don't remember the doom & gloom? I clearly remember a radio story covering how a spike in the price of a gallon of milk is a huge indicator of a coming recession.
If Jason is worried about a recession he should buy bond etf's like IEF, SHAG, JPST, SHY. They will and are increasing in value and they pay a dividend every month as rates go down and the market sniffs out a recession.. No problem at all unless you trade in a taxable account.
What account are you using for your portfolio?
It’s my main portfolio. There is a link to it in the description of the video.
@@JosephCarlsonShow I meant account as is roth ira, 401k?
@@davidtaylor8562 The main portfolio on screen is an individual taxable account. But I have a Roth IRA that is similar strategy that is maxed out this year and I will continue to max out every year. I have a previous episode on that account as well.
Buying at the bottom isnt necessary. Just need to buy low. As for whether or not a recession will hit historically a recession happens every 5 years on average. We are overdue for one.
I wish m1 finance offers accounts for Canadian residents
Maybe one day
Or European for that matter.. atlhough Divident investing in Germany is pretty much destroyed with all those taxes and costs...
I have about $390,000 invested in dividend stocks and should earn $18,000 in dividends this year. I have been buying oil stocks like RDSB and BP along with ABBV because they are cheap and dividends are around 6%. I figure if I had $1m invested and was getting around 6% in dividends, then I could live off the $60,000 of dividend income per year. So my goal is to grow my portfolio to $1m. However, I do have 20% of my portfolio in growth, non-dividend stocks since many dividend stocks do not grow in price. For example, don't expect RDSB and BP to grow much in price.
If Bonds are holding their value the most and safer from recession, why rebalance, selling off shares and buy more equities, thus losing value instantly? I understand buying more shares at cheaper prices, so why not just buy more with weekly deposits vs selling bond shares?
It's a fair point. You could also miss out on bigger moves of bonds going up, if you sell "too soon". But your portfolio targets are there for a reason, and if your plan says you should only be 20% in bonds, and due to bonds going up and stocks going down, your bond slice is now 30%, should you just ignore that? Depending on the size of your portfolio, using new money to restore balance could take a very long time, if ever, particularly if stocks keep going down. Sticking to your plan is almost always better than any other play, assuming the plan was a good one to begin with.
@@PapaCharlie9 Ahhhh gotcha. Didn't think about the % going up.
Trying to get into stocks. Only have a few hundred bucks to spare for a while. What should my goals be if I want to make a decent profit? (Not sure if this question made sense but ya)
Hey Joseph i have just turned 18. I would like to hear what's your suggestion to someone like me about investing. I was intrested in swing trading(in day trading) but decided to leave it because of your advice, but on the other hand dividend investing seems just too slow for me especially having only about 1000$ free for investment.
Btw I'm from europe does that change anything?
Love your channel ;)
I like dividend investing, or long term investing in general because it's something that I believe everyone can replicate. I think it's a minority of people that will consistently make money swing trading, and I think a lot of the money made in that industries by the "professionals" is by the products and services they sell to people who are seeking a quick return on money. I don't want to discourage anyone from doing something where they can consistently legally make money. So if you're part of that group I think that's fine. It's not a strategy that i'm interested in following though.
Totally agree with Joseph Carlson. Dividend Income investing can be boring and slow in the first few years. Think of the snowball effect. It starts off small, but once your snowball is of a certain size, it gets easier, starts building faster, and becomes a lot more fun.
If you do decide to try swing trading or day trading, I strongly recommend you first paper trade. Meaning you practice trading on paper without any real money involved. You can practice trading strategy without any real money involved to see if you’re profitable and determine if you have the personality and stomach to day/swing trade.
Best of luck.
@@vankeo4225 I have been papertrading in marketwatch webstie for the last 2 years. I have great results that mostly came from me staying in a trade despite it droping. I might not have such a strong stomach tho when it comes to real money.
@@JosephCarlsonShow Yeah i can see your point. I have been watching Meir Barak for almost 2 years now and he is selling those overpriced programs about learning to trade like him.
Despite all of it he doesnt hide his wins and losses and he is trading live online so you can see that his wins are greater than his losses. But maybe it is that way because all the market is going up and if it was a bear market he would crash down with it.
Aviad Rotem I completely understand. I can easily play online poker wagering tens of thousands of dollar, but don’t have the stomach it that we’re real money. Haha