IMPORTANT ANNOUNCEMENTS: Thanks for watching! If you enjoyed the video, please don't forget to "like" and "subscribe". Please share in the comments your experience with the dividend investing journey. Are you in the rapid accumulation phase OR in the portfolio optimization phase? What lessons have you learned along the way? HELPFUL RESOURCES: Here's my last video about sentiment investing. Oftentimes, I enjoy buying dividend stocks that others hate (those stocks with irrational, negative sentiment): ua-cam.com/video/OTi8FmTyTYI/v-deo.html Here's my recent video interview series with dividend and income investor, Greg. Now that he has reached FIRE, I would say that Greg is in the optimization part of his own dividend investing journey. You can follow Greg on Instagram (he's @ thedividendmonster). Part 1: ua-cam.com/video/x7oOnanKwCE/v-deo.html Part 2: ua-cam.com/video/cd8FdR0UWGg/v-deo.html PPC IAN INSTAGRAM: I'm sharing some great content over on Instagram. Check out my Instagram stories and reels. I'm @ianlopuch: instagram.com/ianlopuch/ CHECK OUT MY PATREON (Portfolio Updates Are On Corner Patreon Tier): I'm sharing exclusive bonus content over on Patreon! I offer two tiers: Backyard Patreon and Corner Patreon. My Backyard Patrons see my stock trades, each accompanied by a blog post write-up. They also have access to 50 historical Patreon-exclusive videos. In addition to all Backyard Patron perks, my Corner Patrons also have access to my complete dividend stock portfolio (% allocation to each position) AND my complete bond portfolio (% allocation to each position). They additionally enjoy exclusive portfolio update videos, Corner Patreon virtual meet-ups, an exclusive Discord server, and more. Head on over to Patreon to join today: www.patreon.com/ppcian PPC IAN EMAIL LIST: Joint my email list today for helpful updates, and a look at some of my historical dividend stock portfolios: www.ppcian.com/my-complete-dividend-stock-portfolio/ PPC IAN TWITTER: I'm always sharing fun updates on Twitter. Here's my dividend investing Twitter (I'm @ianlopuch): twitter.com/ianlopuch COOL DIVIDEND INVESTING MERCH: I offer some really amazing dividend investing merch: teeshirts, hoodies, mugs, and more! The designs are super stylish and on-point for the dividend stock investing community. Each purchase supports my UA-cam channel: teespring.com/stores/ppcian Thanks so much, everyone, for your support. I hope you enjoy the video today! (Disclosure and Disclaimer: Please see video description for all disclosures and disclaimers.)
I'm in phase 1. I'm 27. I've been dividend investing for 5 years. I have 47,000 invested. Hoping to find some deep value opportunities that make 100k by 30 possible. Long term I'd like to retire in my mid 40s.
I started about your age with the sam results. I’m 37 now and nowhere near retirement but there is a ton of comfort in having a substantial portfolio of assets to fall back on if needed. Keep going!
If you are unfamiliar with the market, I suggest you seek professional help. The best way to establish a strong portfolio is to start by engaging the services of a skilled professional who possesses deep understanding of the dynamic and lucrative market.
@@tatianastarcic It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $850k.
@@maiadazz Having a counselor is essential for portfolio diversification. My advisor is Laurel Dell Sroufe, who is easily searchable and has extensive knowledge of the financial markets.
Definitely in Phase 2. The hard part is to decide to keep or sell the losers, because of your emotional connections to these stocks. Sold several of those and deployed the funds into ETFs such as SCHD. If the YOC of a stock is still below 3% the time has come to sell it and deploy the funds into e.g. SCHD, which has a starting yield of 3.5% and a CAGR of 11.3%.
Nice video. I hit the brick wall of dividend investing 2 years ago. I decided I did not want to be a portfolio manager so to speak. Yes, I did not want anymore the responsiblility of designing a diversified portfolio. I also decided I did not want to keep doing portfolio research. So I switched to an ETF momentum investor. Much happier now. I do miss the dopamine hit of a dividend hitting the account. So dividends still have an allure that I have to resist.
I have the same feeling Ian. After 12 years of investing, I have been cleaning up over past 1 year. Also concentrating on diversifying by adding dividend paying ETF'S. Weeding out loosers by writing covered calls on them. The problem often is when and where would one feel safe financially?. $MMM has taught me some good lessons alont with $T. I feel more diversified and risk optimized with dividend paying ETF'S like $SCHD, $SCHY, VYM, VYMI, SPHD, PEY and KNG. Thanks for another great video, its always great to watch and learn from you.
I love your channel. I can see the honesty in how you talk, that you aren’t in the you tube game to just make money, but rather as a wise investor passing on your wisdom. Thank you so much for taking the time to help us younger new investors that don’t have a clue 😅
Happy to see that you're making progress on your investment journey. I'm a few years in to being a dividend investor and your shared experiences over the years have been a big part of my foundation. Rooting for you and your family to have true financial independence and continued enjoyment and peace of mind. 👊🏾🎉❤️
Now that I am in phase 2, I visualize it as going through another door on the journey of life, to a place where the sun is shining, I am content & relaxed because all my expenses are covered by dividends😅. Thanks for another inspiring video and welcome to the best part of divided growth investing!
Two years from retirement. Had 10% in single dividend paying stocks. Sold them all. Went 60/40 in VTI, VXUS, BDND and BNDX. VXF, VUG and VHYAX to spice it up a little. I will get a bigger total return, lower taxes and massive diversity! Don’t have to be concerned about a single stock crashing. And I still get nice dividends to reinvest from these funds.
I really appreciate the content. Wondering if you have a video on using a really high yielding etf like JEPI to fund a higher growth core position like SCHD.
Have not touched on that precise topic, but do discuss XYLD and SCHD a bit in this one: ua-cam.com/video/cd8FdR0UWGg/v-deo.html Wishing you all the greatest! (Disc: I plan to buy XYLD and SCHD.)
A year ago I had DRIP off, when market started getting rough last fall I turned it back on. Recently I turned it back off and feel I can optimize where the money gets allocated much better.
Another option in phase 2 is to sell cash secured puts and covered calls to make premium while also owning QYLD, RYLD, XYLD, and JEPI. I also just bought into CATC and VTS.
Ian there is definitely knowledge in this video. But problem is imo you are changing strategy so often recently. I remember before covid it was High Yield, during and after covid it was Core only and now looks like it is high yielders again. Obviously I slightly modify my strategy from time to time, but it is fenerally consistent. Now i simplify it to having 75% in SCHD ( as it was overlapping with my stocks anyway),and when I seriously consider retiring I will obviously add some higher yielding names like VZ, ENB etc maybe even some BDC
Great video Ian. For me it's always about finding value. I like to use the dividend companies to fuel the capital I use for some of my very small swing trades, and the profits go right back in to buying more divs. Keep the compounding going and always trying to find value. Value is the biggest key for me.
I’m retired and actively manage my portfolio. For me it’s blue chips, REIT’s, BDC’s, and CEF’s. Plus I started trading options which has further enhanced my performance. Good luck Ian. I believe you’ll reach your goals.
Hey Ian! Great video! I feel like we did some cleaning up/consolidation a while back. Been waiting for some good sales for a long time in our favorites. Finally gobbled more $O, $JNJ, $BMO and are building a solid start in $SCHD while it pulls back. Also picked up a little $LEG, $DUK, $MO and a very small bite on 3M while it's at analyst lows. (Very hard to buy MMM right now.) Wish we were in phase 2 but kid 2 came last year and we've been patient and mostly building dry powder for some deals. Will slowly deploy while things are on sale and hope we lock in some solid cash flow!
Went from about 90 stocks down to about 20 in 2023. Kinda sucks not having cash in there all the time (was getting dividends all the time when I had 90), when I get dividends now they are much larger.
guilty of collecting for those reasons but also for 1 other. Have dividends droppinh almost daily. While the yield might only be 5-7%. It gives me money that i reinvest daily - speeding up compounding. Also gives me consistent cash to buy my biggest position tsla when it drops by 50%. In other worrs the5-7% div allowed me to buy tsla that gave me a 130% up in 6 months. Btw have about 5k tsla shares. Hoping to accumulate enough of all to eventually sell covered calls n cash secured puts. Speeding up the div reinvesting compounding.
My investing is also going through phases, although in a slightly different way. I have made a decent amount of money trading in and out of cyclical stocks, as well as holding a few compounders for the long term. I now feel like I'm at a point where I want to use this appreciated capital to start growing my income over the next 20 years, and I have been moving money over into dividend growth stocks that I think will still keep growing their dividend for a long time. My top five positions are: Realty Income American Tower Nucor Corporation Armada Hoffler Properties JNJ A bit REIT-heavy maybe, but they are high quality REITs.
I’ve been retired for eleven years. I sold MMM four years ago. I sold BA shortly after the Malaysia Air disaster. Never a good idea to hang onto stocks that hit a brick wall. Biggest winners have been LLY, AVGO, MSFT, AAPL, MCD, SBUX and HD. Have sold small amounts of AVGO, COR, LLY and MSFT because they’ve become too high a percentage of my portfolio. Reinvested that money into ABBV and HSY. ABBV has done well since I purchased it, HSY was just purchased this week. We’ll see how it does.
I'm in phase 1, but it would be a good thing to clean up sometimes. I'm still accumulating and diversivicating but there are a few losers as you mention. Waiting for a rebound in price and then sell.. but will that time ever come? Time will tell
My brothers broker has 12 pages of position they have him in. They call it the shot gun effect. (little of everything). Crazy for him to pay this guy and this company to plan out retirement this diversified. optimization phase is really hard as you have seen as even a license broker cant figure it out. His position that he takes look rather odd to me. I like the big cap more like you. He invest in micro cap stuff that my brother is worried that the volume isnt there so how will he ever sell
Starting and keep moving forward, is the beginning. What is great for one doesn't do well for all. Investing is a Personal experience, finding your level of risk is something no one else can teach you.
Great video and topic. I’m still a few years away from FIRE. Conservatively 10 years away because I started late. But like you mentioned partial is better than none. I’ll have company pension and government pension most likely so I won’t be broke in retirement. The dividend stocks provide an extra cushion of safety and comfort. And having a cash flow that keeps pace or exceeds inflation is truly wonderful.
I've started shifting towards CEFs, covered call ETFs and BDCs more than a year ago, and away from low-yielding dividend stocks. Dividend stocks paying over 5-6% yield will stay, but I have no patience waiting 5 to 10 more years until a 2.5%er finally pays 6-7 % on my invested capital. Why wait so long, when ETFs such as JEPI, JEPQ, TXF, and lots of BDC and CEFs pay 10% and up already now, and not bearing the risk of single-stock investments. We have seen how low eg 3M was falling, who'd have expected that? I wanna retire as soon as possible after grinding more than 22 years high speed in the rat race, I'm in a massive burnout now and reached all my limits. Life is short and being in my mid 40ies I realise I worked way too much over the years. Stop to corporate life.
Do ETF dividends 70% SCHD/VYM with 30% SCHG/VGT/QQQ and rebalance. Doing single stocks for dividend investment is tough. Even the experts struggle KIS 😂
A lot of wisdom in this video. What's the point of hoarding dividend stocks if you aren't even going to enjoy the fruits of your labor while you are still healthy enough to maximize the potential?
I feel like its hard to strike a balance between hustling and enjoying life, whats the point of hustling for 20 years just to enjoy your last 20 years. That's my only qualm with the long term dividend strategy
You really did not leave a lot of room for growth stocks in a portfolio. I don't invest in any, myself, except the FAANG stocks, Google and Microsoft. Question: Is there a place in a "FIRE" style portfolio, for the top-tier tech stocks?
I think this is a bad strategy as the worst performer could be a and great company that is undervalued due to short-term issues when I make a cut from too many stocks it's usually the stock I believe has the worst long-term earnings growth
Hey Ian. I’ve found that after years of investing that what you are saying is true, but I found it a slower evolution. The portfolio change you make with new deposits over time becomes less and less. It’s more about what the markets do than what I add, and to build a position that’s meaningful you need to take from elsewhere in the portfolio. My additions are now drops in a full bucket.
Worked all those hard years but because no one wants to wok anymore in the healthcare unless they get 100k or more, I cant get my employer to let me have more time off because they always claim they cant hire anyone. Something has to change. I cut my status to prn. But they still schedule me set hours which average a full time position. So tired of this economy pushing the baby boomers and no young people apply
our average age at my job is 55 at least and we have a lot of people in there 60s and even some that are 75. only one person that I know that is in late 20s and she only works part time in the field the rest of the time in a set location.( no Travel like the rest of us or overtime)
Nah. If you invested properly, Inflation isn't that bad. Stop eating out so much, stop doing trips you don't need, stop buying alcohol. Honestly stop being a United States consumer lemming.
@Bones Dude, I'm not poor. Own real-estate and have lots of passive income. I am fiscally very stable. Our government is organized crime and the west is collapsing. Prepare now or prepare to be consumed. Your choice.
@@Patriotsounds If that is the case. Why are you on a financial channel to invest in the thing you think is going to collapse. Should you be on prepper UA-cam?
Im in optimization but not able to get to freedom cause of job and still not sure about economy and the way biden is leaving us with mountains of debt and giving away free money for student loans and ppe loans. also bailing out banks that turn around and make big profits and reward insiders such as jamie diamon and other fat cats while the average joe gets higher taxes and higher inflation
Id been looking for a good entry price into MMM for over two years. Dropping my average under 100.00 is crazy. 3M makes so many products i use daily to worry too much about them. I received my first divided from ABR today, along with RGR. Love those divided payments. ❤
Thank you so much for sharing, Dan! And, thank you for being here all these years! Yes, it is quite amazing just how negative the sentiment is with 3M right now. Of course, there is risk, as with all stocks. Wishing you a great one! (Disc: I'm long MMM)
scared of failing companies with big debt that they dont tell you about do a lot of research. I seen where a lot of big names are failing. Look at advanced auto parts. Not sure about MMM cause of law suits and economy cutting back on just food and essentials
IMPORTANT ANNOUNCEMENTS:
Thanks for watching! If you enjoyed the video, please don't forget to "like" and "subscribe". Please share in the comments your experience with the dividend investing journey. Are you in the rapid accumulation phase OR in the portfolio optimization phase? What lessons have you learned along the way?
HELPFUL RESOURCES:
Here's my last video about sentiment investing. Oftentimes, I enjoy buying dividend stocks that others hate (those stocks with irrational, negative sentiment): ua-cam.com/video/OTi8FmTyTYI/v-deo.html
Here's my recent video interview series with dividend and income investor, Greg. Now that he has reached FIRE, I would say that Greg is in the optimization part of his own dividend investing journey. You can follow Greg on Instagram (he's @ thedividendmonster).
Part 1: ua-cam.com/video/x7oOnanKwCE/v-deo.html
Part 2: ua-cam.com/video/cd8FdR0UWGg/v-deo.html
PPC IAN INSTAGRAM:
I'm sharing some great content over on Instagram. Check out my Instagram stories and reels. I'm @ianlopuch: instagram.com/ianlopuch/
CHECK OUT MY PATREON (Portfolio Updates Are On Corner Patreon Tier):
I'm sharing exclusive bonus content over on Patreon! I offer two tiers: Backyard Patreon and Corner Patreon.
My Backyard Patrons see my stock trades, each accompanied by a blog post write-up. They also have access to 50 historical Patreon-exclusive videos.
In addition to all Backyard Patron perks, my Corner Patrons also have access to my complete dividend stock portfolio (% allocation to each position) AND my complete bond portfolio (% allocation to each position). They additionally enjoy exclusive portfolio update videos, Corner Patreon virtual meet-ups, an exclusive Discord server, and more.
Head on over to Patreon to join today: www.patreon.com/ppcian
PPC IAN EMAIL LIST:
Joint my email list today for helpful updates, and a look at some of my historical dividend stock portfolios: www.ppcian.com/my-complete-dividend-stock-portfolio/
PPC IAN TWITTER:
I'm always sharing fun updates on Twitter.
Here's my dividend investing Twitter (I'm @ianlopuch): twitter.com/ianlopuch
COOL DIVIDEND INVESTING MERCH:
I offer some really amazing dividend investing merch: teeshirts, hoodies, mugs, and more! The designs are super stylish and on-point for the dividend stock investing community. Each purchase supports my UA-cam channel: teespring.com/stores/ppcian
Thanks so much, everyone, for your support. I hope you enjoy the video today!
(Disclosure and Disclaimer: Please see video description for all disclosures and disclaimers.)
I'm in phase 1. I'm 27. I've been dividend investing for 5 years. I have 47,000 invested. Hoping to find some deep value opportunities that make 100k by 30 possible. Long term I'd like to retire in my mid 40s.
I started about your age with the sam results. I’m 37 now and nowhere near retirement but there is a ton of comfort in having a substantial portfolio of assets to fall back on if needed. Keep going!
If you are unfamiliar with the market, I suggest you seek professional help. The best way to establish a strong portfolio is to start by engaging the services of a skilled professional who possesses deep understanding of the dynamic and lucrative market.
@@tatianastarcic It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $850k.
@@darnellcapriccioso I find your situation fascinating. Would you be willing to suggest a trusted advisor you've worked with?
@@maiadazz Having a counselor is essential for portfolio diversification. My advisor is Laurel Dell Sroufe, who is easily searchable and has extensive knowledge of the financial markets.
I am only 5 years into the grind and I wish a brick wall would just hit me. Great video, Ian! Keep up the good work.
LOL Thank you for sharing and thank you for your kind words! Wishing you huge success with your investing!!!
Its great to have this type of content to remind us of the important things, reinforce the strategy, thanks for that 🙌
Your kind words mean a lot, thank you!!!
Definitely in Phase 2. The hard part is to decide to keep or sell the losers, because of your emotional connections to these stocks. Sold several of those and deployed the funds into ETFs such as SCHD. If the YOC of a stock is still below 3% the time has come to sell it and deploy the funds into e.g. SCHD, which has a starting yield of 3.5% and a CAGR of 11.3%.
After a certain time (3-5 years) I sell the big-losers. The capital is gone, is lost! So why hold on to a loser, instead of looking for winners?
.
Pretty much in phase 1 been working 90-112 hours a week. I do a lot of research when I do have time though. At $13,0000 dividends annually right now.
Nice video. I hit the brick wall of dividend investing 2 years ago. I decided I did not want to be a portfolio manager so to speak. Yes, I did not want anymore the responsiblility of designing a diversified portfolio. I also decided I did not want to keep doing portfolio research. So I switched to an ETF momentum investor. Much happier now. I do miss the dopamine hit of a dividend hitting the account. So dividends still have an allure that I have to resist.
I have the same feeling Ian. After 12 years of investing, I have been cleaning up over past 1 year. Also concentrating on diversifying by adding dividend paying ETF'S. Weeding out loosers by writing covered calls on them. The problem often is when and where would one feel safe financially?. $MMM has taught me some good lessons alont with $T. I feel more diversified and risk optimized with dividend paying ETF'S like $SCHD, $SCHY, VYM, VYMI, SPHD, PEY and KNG. Thanks for another great video, its always great to watch and learn from you.
I love your channel. I can see the honesty in how you talk, that you aren’t in the you tube game to just make money, but rather as a wise investor passing on your wisdom. Thank you so much for taking the time to help us younger new investors that don’t have a clue 😅
Thank you for your incredibly kind words. Your thoughtful comment means the world to me!
Jeez. You know it's bad when even he is having problems.
You know it.
Happy to see that you're making progress on your investment journey. I'm a few years in to being a dividend investor and your shared experiences over the years have been a big part of my foundation. Rooting for you and your family to have true financial independence and continued enjoyment and peace of mind. 👊🏾🎉❤️
I am really just getting started (or at least focused) on the accumulation phase.
Thanks for sharing! Wishing you tremendous success on your dividend investing journey!!!
Now that I am in phase 2, I visualize it as going through another door on the journey of life, to a place where the sun is shining, I am content & relaxed because all my expenses are covered by dividends😅. Thanks for another inspiring video and welcome to the best part of divided growth investing!
Great perspective, my friend!!! Thank you for sharing! Wishing you a fabulous weekend!
Two years from retirement. Had 10% in single dividend paying stocks. Sold them all. Went 60/40 in VTI, VXUS, BDND and BNDX. VXF, VUG and VHYAX to spice it up a little. I will get a bigger total return, lower taxes and massive diversity! Don’t have to be concerned about a single stock crashing. And I still get nice dividends to reinvest from these funds.
I am in 1st Phase. Rapid growth rapid accumulation. For me 2nd phase is enjoying life and taking on easy job to be slow in life.
Right on! Thank you for sharing. Wishing you tremendous success with your investing!
I really appreciate the content. Wondering if you have a video on using a really high yielding etf like JEPI to fund a higher growth core position like SCHD.
Have not touched on that precise topic, but do discuss XYLD and SCHD a bit in this one: ua-cam.com/video/cd8FdR0UWGg/v-deo.html Wishing you all the greatest! (Disc: I plan to buy XYLD and SCHD.)
A year ago I had DRIP off, when market started getting rough last fall I turned it back on. Recently I turned it back off and feel I can optimize where the money gets allocated much better.
Great insights! Thanks for sharing!
Do you think DGRW could be a good cornerstone for a portfolio thats looking to generate growth 1st and dividends 2nd.
Another option in phase 2 is to sell cash secured puts and covered calls to make premium while also owning QYLD, RYLD, XYLD, and JEPI. I also just bought into CATC and VTS.
You are spot on. I have began to evolve as an investor myself as well and made a pivot from dividend to value after learning from my mistakes
🗽It's time to have fun in life, to harvest! 👍👍 carpe diem... life is too short to waste time!
.
Any thoughts on MMM????
Ian there is definitely knowledge in this video. But problem is imo you are changing strategy so often recently. I remember before covid it was High Yield, during and after covid it was Core only and now looks like it is high yielders again.
Obviously I slightly modify my strategy from time to time, but it is fenerally consistent. Now i simplify it to having 75% in SCHD ( as it was overlapping with my stocks anyway),and when I seriously consider retiring I will obviously add some higher yielding names like VZ, ENB etc maybe even some BDC
Great video Ian. For me it's always about finding value. I like to use the dividend companies to fuel the capital I use for some of my very small swing trades, and the profits go right back in to buying more divs. Keep the compounding going and always trying to find value. Value is the biggest key for me.
I’m retired and actively manage my portfolio. For me it’s blue chips, REIT’s, BDC’s, and CEF’s. Plus I started trading options which has further enhanced my performance. Good luck Ian. I believe you’ll reach your goals.
Great video, thanks Ian. I'm a type 2 diabetic and dividend investor 😉
Thanks for your kind words and longtime support! Wishing you all the greatest!!!
Great video. Really interesting and not something ive seen spoken about much online. Thank you
Thanks for your kind words! I really appreciate that. Wishing you a great weekend!
Hey Ian! Great video! I feel like we did some cleaning up/consolidation a while back. Been waiting for some good sales for a long time in our favorites. Finally gobbled more $O, $JNJ, $BMO and are building a solid start in $SCHD while it pulls back. Also picked up a little $LEG, $DUK, $MO and a very small bite on 3M while it's at analyst lows. (Very hard to buy MMM right now.)
Wish we were in phase 2 but kid 2 came last year and we've been patient and mostly building dry powder for some deals. Will slowly deploy while things are on sale and hope we lock in some solid cash flow!
Went from about 90 stocks down to about 20 in 2023. Kinda sucks not having cash in there all the time (was getting dividends all the time when I had 90), when I get dividends now they are much larger.
Thanks for sharing! Great insights!
guilty of collecting for those reasons but also for 1 other. Have dividends droppinh almost daily. While the yield might only be 5-7%. It gives me money that i reinvest daily - speeding up compounding. Also gives me consistent cash to buy my biggest position tsla when it drops by 50%. In other worrs the5-7% div allowed me to buy tsla that gave me a 130% up in 6 months. Btw have about 5k tsla shares. Hoping to accumulate enough of all to eventually sell covered calls n cash secured puts. Speeding up the div reinvesting compounding.
My investing is also going through phases, although in a slightly different way. I have made a decent amount of money trading in and out of cyclical stocks, as well as holding a few compounders for the long term.
I now feel like I'm at a point where I want to use this appreciated capital to start growing my income over the next 20 years, and I have been moving money over into dividend growth stocks that I think will still keep growing their dividend for a long time. My top five positions are:
Realty Income
American Tower
Nucor Corporation
Armada Hoffler Properties
JNJ
A bit REIT-heavy maybe, but they are high quality REITs.
I’ve been retired for eleven years. I sold MMM four years ago. I sold BA shortly after the Malaysia Air disaster. Never a good idea to hang onto stocks that hit a brick wall.
Biggest winners have been LLY, AVGO, MSFT, AAPL, MCD, SBUX and HD. Have sold small amounts of AVGO, COR, LLY and MSFT because they’ve become too high a percentage of my portfolio. Reinvested that money into ABBV and HSY. ABBV has done well since I purchased it, HSY was just purchased this week. We’ll see how it does.
I'm in phase 1, but it would be a good thing to clean up sometimes. I'm still accumulating and diversivicating but there are a few losers as you mention.
Waiting for a rebound in price and then sell.. but will that time ever come? Time will tell
Brick wall at 48. So done.
Thank you for sharing! Wishing you much success with your investing!!!
My brothers broker has 12 pages of position they have him in. They call it the shot gun effect. (little of everything). Crazy for him to pay this guy and this company to plan out retirement this diversified. optimization phase is really hard as you have seen as even a license broker cant figure it out. His position that he takes look rather odd to me. I like the big cap more like you. He invest in micro cap stuff that my brother is worried that the volume isnt there so how will he ever sell
Starting and keep moving forward, is the beginning.
What is great for one doesn't do well for all.
Investing is a Personal experience, finding your level of risk is something no one else can teach you.
Great video and topic. I’m still a few years away from FIRE. Conservatively 10 years away because I started late. But like you mentioned partial is better than none. I’ll have company pension and government pension most likely so I won’t be broke in retirement. The dividend stocks provide an extra cushion of safety and comfort. And having a cash flow that keeps pace or exceeds inflation is truly wonderful.
Great thoughts, my friend! Thank you for being here all these years! Wishing you all the greatest!
Great stuff, Ian.
Thanks for your kind words!
Still firmly in Phase 1, but sometimes already longing for Phase 2 and more vacation ;-)
I've started shifting towards CEFs, covered call ETFs and BDCs more than a year ago, and away from low-yielding dividend stocks. Dividend stocks paying over 5-6% yield will stay, but I have no patience waiting 5 to 10 more years until a 2.5%er finally pays 6-7 % on my invested capital. Why wait so long, when ETFs such as JEPI, JEPQ, TXF, and lots of BDC and CEFs pay 10% and up already now, and not bearing the risk of single-stock investments. We have seen how low eg 3M was falling, who'd have expected that? I wanna retire as soon as possible after grinding more than 22 years high speed in the rat race, I'm in a massive burnout now and reached all my limits. Life is short and being in my mid 40ies I realise I worked way too much over the years. Stop to corporate life.
Do ETF dividends 70% SCHD/VYM with 30% SCHG/VGT/QQQ and rebalance. Doing single stocks for dividend investment is tough.
Even the experts struggle
KIS 😂
I would say 50% VOO, 20% SCHD, 20% QQQ and 10% individual stocks. Some people like to pick and choose individual stocks so 10% allocation should be OK
Great insights! Thank you for sharing! (Disc: I plan to buy SCHD)
Thumbs up Ian.
Too much on my mind about this very topic to share down here in the comments :(
Always appreciate your support, my friend. Wishing you a fabulous weekend!
Still heavily in the accumulation phase. No idea when/if I will switch to high yielders.
Word on the street is that Warren Buffet just hit Ian-Status
You are too kind, my friend! Wishing you all the greatest!!!
I've pivoted into 3 dividend etfs a bit ago
Thanks for sharing!
Second
I hope you all have a great day!
Thanks so much for being second! Wishing you a fabulous day too!
Wise words again my friend.
Thank you for your kind words and longtime support, my friend!
Outside influences are pressing
A lot of wisdom in this video. What's the point of hoarding dividend stocks if you aren't even going to enjoy the fruits of your labor while you are still healthy enough to maximize the potential?
Thank you for your very kind words!!! Great insight!
Take a shot when he says net new capital
Keeping it Real Ian!
Thank you! Wishing you all the greatest!
I feel like its hard to strike a balance between hustling and enjoying life, whats the point of hustling for 20 years just to enjoy your last 20 years. That's my only qualm with the long term dividend strategy
You can do both at the same time it just depends what things in life make you happy
Great video
I appreciate your kind words! Thank you so much!!!
Now the big question, is 3M a loser?
You really did not leave a lot of room for growth stocks in a portfolio. I don't invest in any, myself, except the FAANG stocks, Google and Microsoft. Question: Is there a place in a "FIRE" style portfolio, for the top-tier tech stocks?
i have about 19 more years of type 1 to do😢😅 pension kicks in at age 54, i want dividents to be fun money
Wishing you all the greatest!!!
Confessions of a stock hoarder right here. Each year toss out your worst performer. You'll thank me years from now.
The good life to me is no more W2 jobs
I think this is a bad strategy as the worst performer could be a and great company that is undervalued due to short-term issues when I make a cut from too many stocks it's usually the stock I believe has the worst long-term earnings growth
Great insights!!! Thank you for sharing, and thank you for your longtime support!
Not sure about every single year, but it’s absolutely ok to weed the garden once in a while. Peter Lynch talks about this.
You’re silly.
Let’s get Ian to 100k
Thanks for your incredibly kind words!!!
Hey Ian. I’ve found that after years of investing that what you are saying is true, but I found it a slower evolution. The portfolio change you make with new deposits over time becomes less and less. It’s more about what the markets do than what I add, and to build a position that’s meaningful you need to take from elsewhere in the portfolio. My additions are now drops in a full bucket.
Mistake: I keep buying PSEC and I totally know I shouldn’t. :)
Sold mine put into ARCC and MAIN
Iam 47 and feed the dividendmonster every month.... 😂
Worked all those hard years but because no one wants to wok anymore in the healthcare unless they get 100k or more, I cant get my employer to let me have more time off because they always claim they cant hire anyone. Something has to change. I cut my status to prn. But they still schedule me set hours which average a full time position. So tired of this economy pushing the baby boomers and no young people apply
our average age at my job is 55 at least and we have a lot of people in there 60s and even some that are 75. only one person that I know that is in late 20s and she only works part time in the field the rest of the time in a set location.( no Travel like the rest of us or overtime)
Or you could just buy an index...
Index investing can be a great strategy, for sure!
Damn I’m type 1
Wishing you huge success with your journey!!!
First
Thanks so much for your longtime support! Thanks for being first!
Inflation has ruined everything.
Buy guns and ammo. Food, water and shelter. Belong to a good community.
A great crisis is upon us.
Thank you for sharing! Important food for thought.
Nah. If you invested properly, Inflation isn't that bad. Stop eating out so much, stop doing trips you don't need, stop buying alcohol. Honestly stop being a United States consumer lemming.
@Bones Dude, I'm not poor. Own real-estate and have lots of passive income. I am fiscally very stable.
Our government is organized crime and the west is collapsing.
Prepare now or prepare to be consumed. Your choice.
@@Patriotsounds lol. Ok.
@@Patriotsounds If that is the case. Why are you on a financial channel to invest in the thing you think is going to collapse. Should you be on prepper UA-cam?
Grown man your age and you don’t know how to cook!? What!
Second!
Thanks so much for your support!!!
Selling rarely ends well.
Thug life
Thanks! Thug life, indeed!!!
Im in optimization but not able to get to freedom cause of job and still not sure about economy and the way biden is leaving us with mountains of debt and giving away free money for student loans and ppe loans. also bailing out banks that turn around and make big profits and reward insiders such as jamie diamon and other fat cats while the average joe gets higher taxes and higher inflation
Thank you for sharing your insights! Lots of food for thought. Wishing you much success with your investing!
Id been looking for a good entry price into MMM for over two years. Dropping my average under 100.00 is crazy. 3M makes so many products i use daily to worry too much about them.
I received my first divided from ABR today, along with RGR.
Love those divided payments. ❤
Yea I'm crossing my fingers on that one too.
Thank you so much for sharing, Dan! And, thank you for being here all these years! Yes, it is quite amazing just how negative the sentiment is with 3M right now. Of course, there is risk, as with all stocks. Wishing you a great one! (Disc: I'm long MMM)
scared of failing companies with big debt that they dont tell you about do a lot of research. I seen where a lot of big names are failing. Look at advanced auto parts. Not sure about MMM cause of law suits and economy cutting back on just food and essentials
3M is the industrial version of Too Big To Fail.
Long MMM baby lets gooo!
TYPE 1: COLLECTOR - GUILTY AS CHARGED. :)
Wishing you all the greatest!!!