But Joseph! You contribute a lot of money to your portfolio!! Yes, of course I do! I have said from the start that I make investing my extra cash a top priority in my life. I put every penny of extra money I make through UA-cam, Patreon, software development, or my wife working as a Nurse, into investments. And I've been consistent in saying that I think everyone should do the same. There's many people in my community building their portfolio at a faster rate than me, some of them work at big tech companies. And there's many people building their portfolio at a slower rate. Both are fine. Just keep building your portfolio as fast as you're able to! Try out the Patreon here: www.patreon.com/josephcarlson Patreon includes: - Over 100 exclusive videos, and new ones every week. - Full access to Qualtrim.com, the stock analysis website I built from the ground up - Transparent portfolio updates, with every buy and sell I do, as well as monthly one-pager updates. - Access to the Joseph Carlson Show private discord community, with 6,500 members The patreon comes with a free trial. You take no risk by signing up.
So your average rate of return is below 4% since starting in 2017 Dec and dividend is even far less... and so comparing your performance of saving vs the S&P500 isn't exactly accurate right? I do my own also since 2020 jan and need to make sure I get this straight also. I guess if it was a closed amount that'll give a more accurate rate of return vs the s&p500. Content otherwise has always been premium stuff thanks a lot.
BUY and hold. I bought 1000 shares in 2011 another 500 in 2016 when the story began to change and have yet to sell a share. I am up over 23,000+ % and now have 60,000 shares due to splits.
@@hullbruce I bought NVIDIA because my financial advisor recommended it to me. She said the company is selling shovels in a gold rush. It accounted for almost 80% of my portfolio.
@@biankabrodeur01 That's a great analogy and I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trend that is difficult for an average joe
@@hullbruce I've stuck with ‘’Marissa Lynn Babula” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
I started watching 5 years ago, learned and grew vicariously through you on your channel. 5 years ago I pulled the trigger on investing because of you. My #1 go to investing channel. Cheers to more years of gains to come and financial independence. 😁
My dividend journey began when I realized that two particular expenses in my budget were always going to go up and never go down. The two expenses were taxes and insurance. I realized that the dramatic rise in both will need some added income. So, I started buying shares paying dividends. I can now see that this will be the path I need to take to make sure those two expenses will not overtake my future income.
As a beginner, educate yourself, Learn the basics of investing and the stock market. There are many resources available online, including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk. I’ve heard of people accruing over $550k during recessions and inflation, its important to do your own research.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
When I discovered that two certain items in my budget would constantly rise and never fall, I started my dividend quest. Insurance and taxes were the two costs. The sharp increase in both will require some additional revenue, I realised. I therefore began purchasing dividend-paying stocks. I now realise that this is the course of action I must follow to ensure that those two costs do not exceed my future earnings.
As a novice, train yourself, Learn the fundamentals of the stock market and investing. Online resources come in a variety of forms, such as books, articles, and online courses. To reduce risk, it's a good idea to diversify your portfolio among a variety of stocks and industries. It's crucial to conduct your own study because I've heard of folks accumulating over $550,000 during inflation and recessions.
I don't have the time to carefully evaluate my investments and research particular stocks because of my hectic work schedule. I have therefore hired a fiduciary to actively manage my portfolio for the last seven years in order to adjust to the state of the market. I've been able to successfully traverse the financial environment by using this method to make well-informed judgements about when to buy and sell. Maybe you ought to think about taking a similar strategy.
@@j.ottinger How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
Two ideas to help you grow your channel: First one is to make stock analysis a thing. We all love hearing you talk about the stocks, but hearing about the same companies can get a little bit boring. I suggest once a month or every two weeks you make a poll for us to pick a stock and then make a video about it. It would make a channel a bit fresher for people who are with you for some time. Second one is Passive Income's portfolio 1 million special. I think a lot of us would love a story of how you got into investing and how your strategy changed over time :)
@@JosephCarlsonShow Portfolio reviews of viewers the way you review super investors could be interesting. Hearing your feedback to people in all the different stages of investing could be good content.
My opinion for noobs whl want to create a monster dividend portfolio is you need to be both a dividend investor and a growth investor, basically how i made my first million also i use an FA Abigail Ryan Ann For example if I just got a 1000% gain on Tesla and then pulled 85% of the money out and went into a load of more stable dividend stocks like CVX So I would say diversify, but also use those growth opportunities to build the capital to invest in the dividend payers (or in cash flowing real estate)
I would think that a major benefit of dividend investing is that calculating portfolio size needed is not relevant. We don't care about the value of the portfolio. We care about the sustainable income it pays. As you invest you can gradually see the income rise as you invest more and pull the retirement trigger when it's high enough regardless of the market sentiment.
By calculating how much additional income the contributions produce and estimating how that income rises. the capital value will fluctuate up and down over time so the amount of income new additions give you varies. so capital value being high with a market yielding 2% is no worse for retirement than the same portfolio at a different timepoints where the capital value is half and so the yield is 4%. so long as the yield is sustainable in real terms the capital value being half does not matter. its the same income stream at a different moment of low market sentiment vs high market sentiment.
People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.
Thank you for this tip. It was easy to find your coach on web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
You taught me more than anyone else, Jo. One of the honest, transparent and greatest investors on UA-cam. And you impart your knowledge and wisdom for free…you are awesome, Joseph! I look forward to your videos, every single day!
The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I recently earned over $6,000 in dividends from my index fund investments. This passive income allows me to spend without selling my shares. I've decided to reinvest these dividends to further grow my portfolio.
I was self-managing my portfolio but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary advisor. By restructuring and diversifying my $1.2M portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 28%.
Interesting. I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
There is obviously a compounding effect in the very long term for large capital, but is not "automatic", and with the wrong strategies you can even lose more than you have. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated
Invest in S&P 500 ETF, for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation
Finding financial advisors like Viviana Marisa Coelho who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I’m pretty young and just started my portfolio with around $80K. Dividends drew me in right away! Slowly trying to create significant passive income and manage my Stock Portfolio. how do I invest to deal with markets ups & downs
Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends.
*Marissa Lynn Babula* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Miller for helping me achieve this
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $150k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
'AMY DESIREE IRISH' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@MathewOliver486 However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
I remember watching you when the portfolio was only 25k, I remember when you showed your increasing dividend chart every episode, it was really motivational
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
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 over $750k.
We have been in a depression since 2008, the yield curve has already uninverted, global recession indicators are flashing alarm for well over a year, and absolutely nobody could pull us out of the hell coming regardless of party.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
*Julianne Iwersen Niemann* a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
_Julianne_ sure knows her onions in this industry, from her intimidating profile which I went through, on her web home page. I started off last year tailoring a colleague's tradin strategies but it didn't pan out well. Hopeful that she will attend to my message.
I want to invest $400k in profit-yielding dividend shares but am not sure which to buy into because dividend-paying stocks don't give rapid price growth and can provide a steady income stream.
Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
Jessica Lee Horst is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I appreciate this share. I set up a call with her and I am keen on getting to talk to her particularly. Lady looks really great though even with the exams and other stuff.
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direction I should take to help me generate substantial profits like some people are this season.
I’m not in a position to offer financial advice, but given the significant amount of capital you're working with, it would be wise to consult a financial advisor who can guide you in developing a strategy tailored to your goals and risk tolerance.
Factos!!. After experiencing a major portfolio loss in 2020 amid the COVID pandemic while trying to manage my investments on my own, I reached out to an investment advisor. They helped me turn my $420k into a seven-figure portfolio by providing the guidance and strategy I needed. Having that expertise made a significant difference in my investment journey.
Thanks for sharing your experience! I’ve been managing my portfolio myself, but it’s not working out. Do you have any recommendations for a good investment advisor? I could really use some help.
Teresa L. Athas a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing below the $100k mark and in the first 2 months, my portfolio was reading $234,800. Crazy right!, I decided to reinvest a huge percentage of my profit and it got more interesting.! For over a year we have been working together making consistent profit just bought my second home at the beginning of summer.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@patrickhenandez However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
Bitcoin (BTC-USD) jumped to a record high, part of a wave of trades across global markets in response to Trump's emerging victorious over Democratic rival Harris in the US presidential election. I’m considering rebalancing my $2M portfolio.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
Credits goes to "Mary Elizabeth Fugelsang" one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
I'm tired of these new buys every week, just to make up some assets with low percentage on my $236k portfolio and try to keep everything around 10%. Do you think these stocks you just mentioned are safe buys to outperform the market this year?
For me. I would avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery. Or hire a good market strategist.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
I’d say it’s a monster portfolio that pays some dividends… A monster dividend portfolio implies it’s able to fund your yearly living expenses. That would be life changing. COST is way overpriced… even more over priced than NVDA
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
@WilliamsConleys The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
I didn't watch the entire video - but can someone clarify, does Joseph benchmark his returns annually against the S&P 500 (or another index)? Reason being because you want to control for deposits (e.g. 10k vs 100k will see different returns in the same year/same porfolio). I think his holdings are good, but I think it's always to keep things in context and see what returns are in a standardized manner (i.e. control for cashflow).
He might, but considering the risk taken holding individual stocks and the time spent researching, analyzing and taking trade decisions, I doubt his approach is the best for anyone but himself.
I haven’t seen this, but he often does show his positions, even his losses so it’s quite easy to tell if he beat the market if you follow him regularly.
@@FinBotInsights The fact that you believe he is exposed to higher risk by holding individual stocks shows that you fundamentally disagree with his investment philosophy. Value investors often disagree with volatility as a definition of risk.
I’m pretty young and just started my portfolio with around $180K. Slowly trying to create significant passive income and manage my Stock Portfolio. how do I invest to deal with markets ups & downs
Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as stock, EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
I fully agree and place great value on my advisor's role in guiding my daily investments. They excel in both long and short strategies, managing risk for potential gains and protection against market downturns. Their access to exclusive insights and in-depth analysis makes exceeding expectations a regular outcome. In the two-plus years I've worked with my advisor, I've gained over 1.2million dollars.
"Rebecca Nassar Dunne" is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be a true authority in her profession with over two decades of experience. I looked her up on the internet and skimmed through her site, very professional. already sent her an inquiry hoping for a response soon.
I'm new to the game, have only been investing for a bit over a year and still have much to learn. Here you've cleared a few doubts plus given me many nice things to follow up on. Great video!
Great video. Tho am forever grateful to my investment coach, she has changed my whole life and I will continue to preach on her behalf for the whole world to hear, she saved me from huge financial debt with just a small investment, thank you katrina susan
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states.
The best strategy depends on your financial situation, account types, tax bracket, and investment goals. Consult an advisor or tax professional to tailor these strategies for maximum tax efficiency.
I’m currently working towards financial freedom with a focus on dividends & growth investing. Since 2014, I’ve built a portfolio made up of 30% NVDA, 25% SCHD and over 40% in digital and alternative assets, thanks to my CFA. This strategy has helped me earn $56,000 a year in dividends. Back in 2014, I only earned $21 in dividends.
I'm cautious about giving specific recommendations since this is an online forum and everyone situation is unique, but I've worked with Melissa Elise Robinson for years and highly recommend her. Look her up to see if she meets your criteria
Are you beating the SP500? Meaning, is there an option in your software to compare vs. Sp500 simulating that you buy sp500 instead of the stock you select? Thanks.
He is beating it at the moment, he did a comparison a few months back, I believe he was around 15 percent and the S&p was around 12. There was also a pullback year during covid where his portfolio didn't fall as much. I could be wrong on the exact figures but he is beating it yes.
@@ben_dixon i mean, as long as he keeps contributing massive amounts of money every year of course his portfolio will look much better during covid. It generally would not surprise me if he has beaten S&P, since he is following a strategy that is very much popular and has been a winning one for the past decade or so. Personally, I think the valuations on US gigacap stocks are way too high and that they make for bad investments now. It is just math - the Mag 7 trillion dollar companies can't keep growing at 15% a year in an economy that grows 2-3% per year.
He is not beating it since inception. You can run the numbers on portfolio visualizer. He will delete posts that show his portfolio compared to the S&P 500 since inception.
@@angelcovarrubias3418 I doubt that is the right way to compare it. The better approach is to simulate to buy sp500 at market price the same day he buys other stock.. i.e. if he buys $1,000 of apple on Friday 13 2024, the software should simulate you bought $1,000 of VOO/SPY/SPLG the same day, then, let's see you compare both streams of investments in 1day/month/semester/ytd/ 1 year and see which one did better. As you see it is not possible to know because I have no idea how much he is buying and what day he is buying.
Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. By studying time cycles and time periods you will learn why market tops and bottoms are found at certain times, and why resistance levels are so strong at certain times, and prices hold around them. The most gain is made when fast moves and extreme fluctuations occur at the end of major cycles.... I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
If the market has taught me anything, it's that it always recovers, but I can't seem to focus on the long run, when major factors like my retirement and my reserve are wreaking havoc on inflation. I require a solid data trajectory and solution as soon as possible.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance..
Sandy goes deeper than just looking at surface-level trends. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective on the market..
Yes. It includes all sales. So companies I sold at a loss or at a gain are included in that number. Which is important. Many financial UA-camrs only show you their current holdings because they’ve had to sell stocks at devastating losses. So the fact I’m showing the total returns with every single sell included is an important part of being transparent with returns.
@@JosephCarlsonShow That's great. I have a lot of respect for your transparency. I did notice that one of the UA-camrs sold some previously "recommended" stocks at big loss, but in their later "portfolio update" videos, those stocks were never mentioned.
@@JosephCarlsonShowI am trying to estimate what your total return is since you started this portfolio but as i don’t know the amount and the dates of your contributions it makes it impossible to calculate. Could you share it with us ? Thanks.
Curious about top investors' millionaire-making strategies, I'm eager to grow my $295,000 nest egg. Investing in stocks could provide attractive returns through capital appreciation and dividend yields. But timing is crucial - should I invest now or wait for improved market conditions?
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
Credits goes to "Mary Elizabeth Fugelsang" one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Hi Joseph, I can't even begin to explain how important you and your channel have been in my investing journey. I'm sincerely thankful to you for doing this a for being so consistent throughout the years. I've been with you since the early days (and I actually like revisiting some of the older videos), and one thing I noticed was that - while keeping the main tenets of your earlier philosophy - you evolved quite a lot over the years in terms of the companies you have in your portfolio and the level of concentration. I remember when you had more than 40 companies and companies like Verizon or Simon Property (not to mention more obscure ones) featured in your portfolio. As one of the viewers that has been around the longer, I think an interesting video for you to make one of these days would be about how your investing philosophy evolved over the years. Thanks again, and take care!
Oh yea for sure. With the business i'm running (UA-cam/Patreon/Qualtrim), I have significant expenses, in taxes, and my developer. The developer alone is around 70k per year, taxes is more, and there's other stuff like data and hosting costs. I try to keep around 80-100k in savings at any given time. Just to make sure I never have to withdraw money out of my portfolio.
@@JosephCarlsonShow thank you for creating good content, keep it up! Question: how do you structure your investment and your business? Are they in the same company? Or one of them is in your name? Curious to know, because I may have inefficient structure (cost, taxes, etc) and would love to explore other structure.
@@JosephCarlsonShowThat’s interesting that you were a developer, but you’ve hired/outsourced the development part of your business. I imagine because if you didn’t, you’d have little time for everything else. Did you at least code an MVP yourself before hiring the developer? I come from a similar background as yourself, and I have an idea for a software product but I think I’m going to have to outsource the development or I won’t have any time to work on the rest of the business.
Crazy how you post all this stuff but I’m still not making money lmfaooo I’m fuckin cursed. Missed like 25-30 different 100-500% runners this year already and I just keep buying junk that drops -20% each day
There is no way around it, you gotta create your own system from scratch which is what I've done. I just watch these guys to get different perspectives. My system is 100% accurate and has nothing to do with guessing what the Fed will do or macro economic data of any kind.
Investing does not need to be complicated. In fact, the simpler the better in my opinion. I'm retired and did so at age 42 with about $1.1M for two people. We had an advisor from Morgan Stanley in our corner. Maxed 401k for many years and then saved additional in index funds in taxable account. Our rate of return has been around 10% percent per year in the taxable account over the last 10 years.
Geez! Kick down those Wall Street doors !! Would you mind disclosing info of this person guiding you please? my problem is I do not trust my guts in today's mkt
She goes by Nancy Magaret Delony I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send an email to her and let you know how it goes. Thanks for sharing
To turn $500,000 into $1,000,000, you need a sound investment strategy. Diversifying your investments across a mix of asset classes like stocks, bonds, and real estate can help. Historically, the stock market has provided significant returns, so investing a portion of your money in a well-diversified portfolio of stocks or in index funds could be beneficial. However, it's important to assess your risk tolerance and investment timeline.
A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@@SamsonsRhodesas I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks...
Taking break may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. A licensed CFA whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help...
For three of the years I worked full time as a Sr software developer while making youtube videos and growing the channel to 90,000 subscribers. I would work full time and make videos every weekend. During which I was stocking away all extra cash into the portfolio. For the other 3 years I transitioned over to full-time UA-cam once Qualtrim (a website I built from the ground up) had over 2,000 active subscribers. I realize everyone is in different situations. I'm super lucky with UA-cam. But I invest everything I can afford to. At the same time, there are at least two dozen people in my on discord community which have grown their portfolios much larger over the past 5 years due to contributions - most of them working for various big tech companies, or starting their own businesses. What you describe as "easy mode" is working hundreds of hours, after working a full-time job, and then thousands of hours more to build a sustainable business, grow multiple channels past a hundred thousand subscribers, build a suite of stock analysis software, and produce hundreds of videos per year. Obviously, it's been super successful so far, but easy would not be the first words I use to describe the effort over the past decade.
How do you calculate Y/Y returns, apart from contributions? Of course you're contributing, and everyone should, but it's sometimes hard to sort out which is which. Is there a standard? I'd guess each broker does it slightly differently.
Just discovered your channel with this video. I already own shares of VOO and QQQ. I'll also add VGT to my portfolio. But I'd like suggestions on long-term opportunities to explore that could make solid additions to my $250k portfolio for stable cashflow.
Those sound like great picks! Consider proper guidance so you don’t keep switching it up, Top 3 payers for the month were $VGT, $XLF, and $XLE..not bad for 250k
I agree. There's a lot of potential in the market. My friend introduced me to fiduciary guidance in 2021, and even though I was skeptical, I went on. I finally was making enough monthly dividend to quit my soulless job and pursue my dream to start a restaurant in New Jersey and still earn five figures in monthly dividends.
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with *Izella Annette Anderson* for years and highly recommend her. Look her up to see if she meets your criteria.
I just wanted to take a moment to thank you for all your insight. As a newer stock investor, I have found your videos invaluable, truly educative and inspirational. Wishing you all the very best!
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Katherine Stewart.
Joseph, what do you have such different views on Adobe and Salesforce? Aren’t they exposed to the same threats regarding competition and AI innovation? Why are you so more confident on CRM? Interesting takes as always! Thank you.
I might not have the same portfolio as you, but I strongly consider your opinion on companies and has resulted in great gains. And to think I used to buy crypto and ark invest type stocks 😅
What do you think of UPS? It has a Div Yield of 5% and they've been paying it for 24 years now. It's near it's 52 week low, do you think it's on sale or a trap?
UPS stock has a dividend payout ratio of 106.54% as of today. I believe a dividend cut is likely. They also face stiff competition from FedEx, Walmart, Amazon, etc.
@josephcarlsonshow Wanted to let you know your link to your M1 dividend portfolio appears to be an old version and is missing many of your holdings you talk about in this video.
My opinion, just take SCHD. That way you get multiple companies, a decent yield, and some prospects for capital appreciation. Low risk for decent reward.
@@Concatenate that’s one of my biggest holding in my portfolio at the moment. I’ve been loving the returns! Is there any good growth ETFs to keep an eye out for? I have SPMO as the second biggest holding in my portfolio
Hi Joseph, enjoy your videos! Thank you for your hard work, ideas and honesty! Please know this is appreciated, by me and my siblings. I pass your videos to friends who are willing to listen, many times you cannot help people from themselves, as perception is reality for many! All of the best!
Hi Joseph, I’m sure you’ve mention this in a previous show but do you have to manually input your portfolios and manually adjust any buys or sells too on Qualtrim or is there a way to sync Qualtrim to your broker accounts? I’ve been paying my membership for months and just now finally having some time to dig into it… Btw-I love your shows, really love how you break things down!
you were the reason why I started to invest in stocks and pick my own companies that I believe have long term potential thanks for helping me get started on my journey, can't wait to see where this journey takes me over the years to come and how well my portfolio will grow
Just found your channel, Nice stuff! How should one think when it comes to dividend portfolio vs buying companies that more or less re-invests in their business? One could argue, that's the same or even better (the latter) because the company is much more effective at allocating their money into the business vs paying out dividend. Thanks!
Dividends are what got me into investing in the stock market. The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. Have over $600K in my portfolio as I bought a lot of dividend stocks before, I'm buying more now, and I will buy more when it drops further.
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
It's true that some people use hedging techniques or allocate a portion of their portfolio to defensive assets that do well during market downturns. These tips can be obtained by hiring market experts, as I did in 2019 during the rona outbreak, and as of right now, I can increase my $1 million portfolio by 45% after purchasing assets that my advisor recommended.
I just googled her and I'm really impressed with her credentials, I reached out to her since I need all the assistance I can get. I just scheduled a caII.
@@humblebeginner That makes it even more impressive. I was running a calculator, and if he was getting average market returns over this period, he would have had to DCA $5,000 (based on my quick calculator) to get to his current value.
I earn 12K a month in dividends. I am getting ready to eventually retire and live on my dividends. I just reinvest the dividends for now, but eventually I will take about 50% of it to live comfortably along with our 2 SS checks and pensions. Your dividend portfolio is built on strong growth and value companies. One way to boost your dividend income is to use ETF's like SPYI - QQQI - YMAG along with companies that pay more dividends than yours like BAM - HESM - SLG - BXSL - TFC - etc.... Allocating conservative percentages to the more risky ETF's like YMAG or QQQY while buying companies and ETF's that have higher dividends than the norm, you will do very well. If you do what Joseph has done and do more than one portfolio and set $$$$$$ aside to build a dividend portfolio to retire on, you will do very well,
@@honcho4329nah, 12k per month is about $150k per year. Even at an average dividend rate of 1.8% that’s still about 8m. But I’d imagine the dividend rate would be higher. At 3% it’s 5m. Still impressive, but not $10m+
@@honcho4329 Check into armchair income - a channel on UA-cam. I love both of Joseph's online portfolios. He is very wise and a good investor. He is young and in a growth / accumulation phase as an investor. When you get closer to retirement, you can do a portfolio designed to maximize dividend income like I did. Most of my ETFs and individual stocks pay between 5% and 15%. I have some in the 40-70% range which do synthetic covered calls /options. I try to keep these ETFs at 3-5% of the dividend portfolio. I have less than 1 million in my dividend portfolio with some of my assets in real estate and safer places like CDs, savings, and a REIT. I couldn't see doing the tradition 4% withdrawal system when there is so much money available in dividend investing. If you took Joseph's $750,000 for example, and bought QQQI at $49 a share you would own 15,306 shares. It pays .64 a share monthly. That is $9,795 monthly. QQQI pays 14%. dividend. I am not suggesting you put your whole $750,000 in QQQI - it is just an example of a different approach to use when you get. old like I am.
My portfolio is about a third the size of yours. However I hit 12k in annual dividend payout. Averaging 1k/month. What's juiced it up was the addition of CEFs. I read The Income Factory a couple years ago and they have treated me well in both divvys and capital application.
I want to say you are like a mentor to me, i don't follow the patreon, but I have alot of trspect and appreciate the core concepts you have taught me through your videos on this channel as well as after hours
Is the stock market actually getting better or is this the Election time manipulation to entice new investors, I'm currently sitting on an inheritance of 300k and i'm wondering do I invest in stocks or Gold?
market crash is inevitable, but there are actually strategies to mitigate risk and profit consistently, tho such executions are usually carried out by investment experts
You make a really good argument. When I first began investing on my own, the market was really taking advantage of me. Despite my initial skepticism, I hired a CFA, and I outperformed the market by over 9%. Until it occurred twice in a row, I believed it to be an anomaly, therefore I've continued to buy through an analyst.
*Layan Talia Chokr* is the licensed advisor I use. Just google the name and you'd find basic info. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
But Joseph! You contribute a lot of money to your portfolio!!
Yes, of course I do! I have said from the start that I make investing my extra cash a top priority in my life. I put every penny of extra money I make through UA-cam, Patreon, software development, or my wife working as a Nurse, into investments. And I've been consistent in saying that I think everyone should do the same.
There's many people in my community building their portfolio at a faster rate than me, some of them work at big tech companies. And there's many people building their portfolio at a slower rate. Both are fine. Just keep building your portfolio as fast as you're able to!
Try out the Patreon here: www.patreon.com/josephcarlson
Patreon includes:
- Over 100 exclusive videos, and new ones every week.
- Full access to Qualtrim.com, the stock analysis website I built from the ground up
- Transparent portfolio updates, with every buy and sell I do, as well as monthly one-pager updates.
- Access to the Joseph Carlson Show private discord community, with 6,500 members
The patreon comes with a free trial. You take no risk by signing up.
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People mad ab how much you contribute need to stop projecting.
So your average rate of return is below 4% since starting in 2017 Dec and dividend is even far less... and so comparing your performance of saving vs the S&P500 isn't exactly accurate right?
I do my own also since 2020 jan and need to make sure I get this straight also. I guess if it was a closed amount that'll give a more accurate rate of return vs the s&p500.
Content otherwise has always been premium stuff thanks a lot.
@@samonaro65 How did you get that? His average return is above 20%
😂
BUY and hold. I bought 1000 shares in 2011 another 500 in 2016 when the story began to change and have yet to sell a share. I am up over 23,000+ % and now have 60,000 shares due to splits.
Was thinking on investing heavy on NVIDIA but wasn't sure if its all hype and i'm to late on the take off?
@@hullbruce I bought NVIDIA because my financial advisor recommended it to me. She said the company is selling shovels in a gold rush. It accounted for almost 80% of my portfolio.
@@biankabrodeur01 That's a great analogy and I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trend that is difficult for an average joe
@@biankabrodeur01 I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
@@hullbruce I've stuck with ‘’Marissa Lynn Babula” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
I started watching 5 years ago, learned and grew vicariously through you on your channel. 5 years ago I pulled the trigger on investing because of you. My #1 go to investing channel. Cheers to more years of gains to come and financial independence. 😁
same here, 4 years ago though for me... thing is gotta start somehwere no better time than today.
My dividend journey began when I realized that two particular expenses in my budget were always going to go up and never go down. The two expenses were taxes and insurance. I realized that the dramatic rise in both will need some added income. So, I started buying shares paying dividends. I can now see that this will be the path I need to take to make sure those two expenses will not overtake my future income.
As a beginner, educate yourself, Learn the basics of investing and the stock market. There are many resources available online, including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk. I’ve heard of people accruing over $550k during recessions and inflation, its important to do your own research.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
credits to 'Sophia Maurine Lanting' one of the best portfolio managers out there. she’s well known, you should look her up
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
When I discovered that two certain items in my budget would constantly rise and never fall, I started my dividend quest. Insurance and taxes were the two costs. The sharp increase in both will require some additional revenue, I realised. I therefore began purchasing dividend-paying stocks. I now realise that this is the course of action I must follow to ensure that those two costs do not exceed my future earnings.
As a novice, train yourself, Learn the fundamentals of the stock market and investing. Online resources come in a variety of forms, such as books, articles, and online courses. To reduce risk, it's a good idea to diversify your portfolio among a variety of stocks and industries. It's crucial to conduct your own study because I've heard of folks accumulating over $550,000 during inflation and recessions.
I don't have the time to carefully evaluate my investments and research particular stocks because of my hectic work schedule. I have therefore hired a fiduciary to actively manage my portfolio for the last seven years in order to adjust to the state of the market. I've been able to successfully traverse the financial environment by using this method to make well-informed judgements about when to buy and sell. Maybe you ought to think about taking a similar strategy.
@@j.ottinger How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
credits to ‘Annette Marie Holt one of the best portfolio managers out there. she’s well known, you should look her up
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
Two ideas to help you grow your channel:
First one is to make stock analysis a thing. We all love hearing you talk about the stocks, but hearing about the same companies can get a little bit boring. I suggest once a month or every two weeks you make a poll for us to pick a stock and then make a video about it. It would make a channel a bit fresher for people who are with you for some time.
Second one is Passive Income's portfolio 1 million special. I think a lot of us would love a story of how you got into investing and how your strategy changed over time :)
Joseph is right.
Hi, Love your content. It would be great to start a paid youtube membership and provide timely updates on stocks.
@@poojavirmani6330 Ha has a pateron and a discord channel
@@JosephCarlsonShow Portfolio reviews of viewers the way you review super investors could be interesting. Hearing your feedback to people in all the different stages of investing could be good content.
Polls are bringt. Always the same mainstream stocks ...
My opinion for noobs whl want to create a monster dividend portfolio is you need to be both a dividend investor and a growth investor, basically how i made my first million also i use an FA Abigail Ryan Ann For example if I just got a 1000% gain on Tesla and then pulled 85% of the money out and went into a load of more stable dividend stocks like CVX So I would say diversify, but also use those growth opportunities to build the capital to invest in the dividend payers (or in cash flowing real estate)
i’ve just taken a deep dive into investing, dividend growth investment as it interests me. Hoping to get to the big dogs someday.
Taking note of this. Also I did read about Abigail Ryan Ann on the web., quite a great resume she has
I invest in stable stocks, my rule: if you previously liked the stock, then you should love it at a discounted price.
I was able to find her webpage and leave a mail after going through her credentials, i'm willing to make consultations to improve my portfolio
I would think that a major benefit of dividend investing is that calculating portfolio size needed is not relevant. We don't care about the value of the portfolio. We care about the sustainable income it pays. As you invest you can gradually see the income rise as you invest more and pull the retirement trigger when it's high enough regardless of the market sentiment.
By calculating how much additional income the contributions produce and estimating how that income rises. the capital value will fluctuate up and down over time so the amount of income new additions give you varies. so capital value being high with a market yielding 2% is no worse for retirement than the same portfolio at a different timepoints where the capital value is half and so the yield is 4%. so long as the yield is sustainable in real terms the capital value being half does not matter. its the same income stream at a different moment of low market sentiment vs high market sentiment.
People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.
Could you recommend your advisor? I'd appreciate some help.
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.
Thank you for this tip. It was easy to find your coach on web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
You taught me more than anyone else, Jo.
One of the honest, transparent and greatest investors on UA-cam.
And you impart your knowledge and wisdom for free…you are awesome, Joseph! I look forward to your videos, every single day!
The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I recently earned over $6,000 in dividends from my index fund investments. This passive income allows me to spend without selling my shares. I've decided to reinvest these dividends to further grow my portfolio.
I was self-managing my portfolio but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary advisor. By restructuring and diversifying my $1.2M portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 28%.
Interesting. I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Her name is Sonya Lee Mitchell. I can't divulge much. Most likely, the internet should have her basic info, you can research if you like
I have googled her and she has impressive credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
There is obviously a compounding effect in the very long term for large capital, but is not "automatic", and with the wrong strategies you can even lose more than you have. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated
Invest in S&P 500 ETF, for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation
Finding financial advisors like Viviana Marisa Coelho who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I’m pretty young and just started my portfolio with around $80K. Dividends drew me in right away! Slowly trying to create significant passive income and manage my Stock Portfolio. how do I invest to deal with markets ups & downs
It's wise to seek expert assistance when beginning your financial portfolio. market is volatile, so professional guidance is so important..
Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends.
Hey friend, How can I work with your Fiduciary?
*Marissa Lynn Babula* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I curiously searched her names and I found some pretty interesting information. Thanks for this
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Miller for helping me achieve this
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm new at this, please how can I reach her?
she's mostly on Instagrams, using the user name
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $150k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
'AMY DESIREE IRISH' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@MathewOliver486 However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
@@GeorgestraitStriat Oh please I’d love that. Thanks!.
@@MathewOliver486 Clementina Abate Russo is her name.
Lookup with her name on the webpage.
I remember watching you when the portfolio was only 25k, I remember when you showed your increasing dividend chart every episode, it was really motivational
Same. I've been following him for years.
He was just past the 100k for me lol been nice to watch the growth over time
Just remember he also adds savings but it's still very impressive.
Yeah, around 20k
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
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 over $750k.
We have been in a depression since 2008, the yield curve has already uninverted, global recession indicators are flashing alarm for well over a year, and absolutely nobody could pull us out of the hell coming regardless of party.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
*Julianne Iwersen Niemann* a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
_Julianne_ sure knows her onions in this industry, from her intimidating profile which I went through, on her web home page. I started off last year tailoring a colleague's tradin strategies but it didn't pan out well. Hopeful that she will attend to my message.
I want to invest $400k in profit-yielding dividend shares but am not sure which to buy into because dividend-paying stocks don't give rapid price growth and can provide a steady income stream.
Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advisor? I'll be happy to use some help.
Jessica Lee Horst is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I appreciate this share. I set up a call with her and I am keen on getting to talk to her particularly. Lady looks really great though even with the exams and other stuff.
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direction I should take to help me generate substantial profits like some people are this season.
I’m not in a position to offer financial advice, but given the significant amount of capital you're working with, it would be wise to consult a financial advisor who can guide you in developing a strategy tailored to your goals and risk tolerance.
Factos!!. After experiencing a major portfolio loss in 2020 amid the COVID pandemic while trying to manage my investments on my own, I reached out to an investment advisor. They helped me turn my $420k into a seven-figure portfolio by providing the guidance and strategy I needed. Having that expertise made a significant difference in my investment journey.
Thanks for sharing your experience! I’ve been managing my portfolio myself, but it’s not working out. Do you have any recommendations for a good investment advisor? I could really use some help.
Teresa L. Athas a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
FACT CHECK : JOESPH DID NOT CREATE A "MONSTER DIVIDEND" PORTFOLIO!!! HE CREATED A STOCK PORTFOLIO HE DOES NOT OWN ANY MONSTERS
Not funny
@@crohmer I know I just try to put a comment every time he's noticed me a couple of times
🤣🤣
Fact check: Joseph is spelled Joseph not Joesph, source : my name is Joseph not Joesph.
@@xScrab311xLogical fallacy. The fact that your name is spelled Joseph is not evidence that Joesph is spelled that way.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing below the $100k mark and in the first 2 months, my portfolio was reading $234,800. Crazy right!, I decided to reinvest a huge percentage of my profit and it got more interesting.! For over a year we have been working together making consistent profit just bought my second home at the beginning of summer.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@patrickhenandez However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
@@MartaRinker Oh please I’d love that. Thanks!.
@@patrickhenandez Clementina Abate Russo is her name.
Lookup with her name on the webpage.
I also own some CRM and BKNG. Great content Joseph
Bitcoin (BTC-USD) jumped to a record high, part of a wave of trades across global markets in response to Trump's emerging victorious over Democratic rival Harris in the US presidential election. I’m considering rebalancing my $2M portfolio.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
Credits goes to "Mary Elizabeth Fugelsang" one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
I'm tired of these new buys every week, just to make up some assets with low percentage on my $236k portfolio and try to keep everything around 10%. Do you think these stocks you just mentioned are safe buys to outperform the market this year?
For me. I would avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery. Or hire a good market strategist.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.
'Sharon Ann Meny ' is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
I’d say it’s a monster portfolio that pays some dividends…
A monster dividend portfolio implies it’s able to fund your yearly living expenses. That would be life changing.
COST is way overpriced… even more over priced than NVDA
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
@WilliamsConleys That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@WilliamsConleys The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
@WilliamsConleys I will give this a look, thanks a bunch for sharing.
I didn't watch the entire video - but can someone clarify, does Joseph benchmark his returns annually against the S&P 500 (or another index)? Reason being because you want to control for deposits (e.g. 10k vs 100k will see different returns in the same year/same porfolio). I think his holdings are good, but I think it's always to keep things in context and see what returns are in a standardized manner (i.e. control for cashflow).
He might, but considering the risk taken holding individual stocks and the time spent researching, analyzing and taking trade decisions, I doubt his approach is the best for anyone but himself.
I haven’t seen this, but he often does show his positions, even his losses so it’s quite easy to tell if he beat the market if you follow him regularly.
@@Jason-lb1lu Not really, because you would have to adjust for new deposits all time time and it is not clear when those are made.
@@FinBotInsights The fact that you believe he is exposed to higher risk by holding individual stocks shows that you fundamentally disagree with his investment philosophy. Value investors often disagree with volatility as a definition of risk.
He has another fund that aims to beat the sp500. This fund isn’t aiming to do that
Joseph, I can agree, as you have learned we (the viewers) have learned. Thank you for this journey with your insights.
I’m pretty young and just started my portfolio with around $180K. Slowly trying to create significant passive income and manage my Stock Portfolio. how do I invest to deal with markets ups & downs
It's wise to seek expert assistance when beginning your financial portfolio. market is volatile, so professional guidance is so important..
Hey friend, How can I work with your Fiduciary?
If you have 180k u already have made it
Dont look at the stocks you have and which are down, look the stocks you always wanted to have and which are now down and then buy them.
What is your opinion on caterpillar and John Deere? Huge moats for both and year after year they make good money and margins
CAT! God, I love this stock.
Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as stock, EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
I fully agree and place great value on my advisor's role in guiding my daily investments. They excel in both long and short strategies, managing risk for potential gains and protection against market downturns. Their access to exclusive insights and in-depth analysis makes exceeding expectations a regular outcome. In the two-plus years I've worked with my advisor, I've gained over 1.2million dollars.
You seem to know the market better than we do, so that makes great sense. Who is the guide?
"Rebecca Nassar Dunne" is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be a true authority in her profession with over two decades of experience. I looked her up on the internet and skimmed through her site, very professional. already sent her an inquiry hoping for a response soon.
Greetings from Europe Joseph, thank you very much for the content. You're my investment mindset Idol 👍
I'm new to the game, have only been investing for a bit over a year and still have much to learn. Here you've cleared a few doubts plus given me many nice things to follow up on. Great video!
Great video. Tho am forever grateful to my investment coach, she has changed my whole life and I will continue to preach on her behalf for the whole world to hear, she saved me from huge financial debt with just a small investment, thank you katrina susan
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states.
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading.
I'm new at this, please how can I reach her?.....
SHE'S MOSTLY ON TELEGRAMS, USING THE USERNAME
I’m 44, have $200,000 in savings, and want to invest for safe growth over the next 5 years to buy a home. What should I invest in?
The best strategy depends on your financial situation, account types, tax bracket, and investment goals. Consult an advisor or tax professional to tailor these strategies for maximum tax efficiency.
I’m currently working towards financial freedom with a focus on dividends & growth investing. Since 2014, I’ve built a portfolio made up of 30% NVDA, 25% SCHD and over 40% in digital and alternative assets, thanks to my CFA. This strategy has helped me earn $56,000 a year in dividends. Back in 2014, I only earned $21 in dividends.
Oh I've heard similar things about hiring an advisor. It's hard to choose one that's very good though. Could you make some useful recommendations?
I'm cautious about giving specific recommendations since this is an online forum and everyone situation is unique, but I've worked with Melissa Elise Robinson for years and highly recommend her. Look her up to see if she meets your criteria
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Are you beating the SP500? Meaning, is there an option in your software to compare vs. Sp500 simulating that you buy sp500 instead of the stock you select? Thanks.
He is beating it at the moment, he did a comparison a few months back, I believe he was around 15 percent and the S&p was around 12. There was also a pullback year during covid where his portfolio didn't fall as much. I could be wrong on the exact figures but he is beating it yes.
@@ben_dixon i mean, as long as he keeps contributing massive amounts of money every year of course his portfolio will look much better during covid.
It generally would not surprise me if he has beaten S&P, since he is following a strategy that is very much popular and has been a winning one for the past decade or so. Personally, I think the valuations on US gigacap stocks are way too high and that they make for bad investments now. It is just math - the Mag 7 trillion dollar companies can't keep growing at 15% a year in an economy that grows 2-3% per year.
He has The Story Fund that aims to beat SP500. This dividend fund isn’t aiming to do that. It’s aiming to building dividends
He is not beating it since inception. You can run the numbers on portfolio visualizer. He will delete posts that show his portfolio compared to the S&P 500 since inception.
@@angelcovarrubias3418 I doubt that is the right way to compare it. The better approach is to simulate to buy sp500 at market price the same day he buys other stock.. i.e. if he buys $1,000 of apple on Friday 13 2024, the software should simulate you bought $1,000 of VOO/SPY/SPLG the same day, then, let's see you compare both streams of investments in 1day/month/semester/ytd/ 1 year and see which one did better. As you see it is not possible to know because I have no idea how much he is buying and what day he is buying.
Congrats, Joseph. I’ve been here with you since the beginning and you’ve really done it the right way. Cheers.
Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. By studying time cycles and time periods you will learn why market tops and bottoms are found at certain times, and why resistance levels are so strong at certain times, and prices hold around them. The most gain is made when fast moves and extreme fluctuations occur at the end of major cycles.... I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Sandy Barclays program is widely available online..
If the market has taught me anything, it's that it always recovers, but I can't seem to focus on the long run, when major factors like my retirement and my reserve are wreaking havoc on inflation. I require a solid data trajectory and solution as soon as possible.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance..
I appreciate the professionalism and dedication of the team behind Sandy’s trade signal service.
Sandy goes deeper than just looking at surface-level trends. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective on the market..
Joe, the total gain you had include dividends and capital appreciation. But it should also include the profit you made when you sold stocks, right?
Yes. It includes all sales. So companies I sold at a loss or at a gain are included in that number.
Which is important. Many financial UA-camrs only show you their current holdings because they’ve had to sell stocks at devastating losses. So the fact I’m showing the total returns with every single sell included is an important part of being transparent with returns.
@@JosephCarlsonShow That's great. I have a lot of respect for your transparency. I did notice that one of the UA-camrs sold some previously "recommended" stocks at big loss, but in their later "portfolio update" videos, those stocks were never mentioned.
@@JosephCarlsonShowI am trying to estimate what your total return is since you started this portfolio but as i don’t know the amount and the dates of your contributions it makes it impossible to calculate. Could you share it with us ? Thanks.
I was talking about the total return in percentage of course.
Exceptional video. Ty very much.
Curious about top investors' millionaire-making strategies, I'm eager to grow my $295,000 nest egg. Investing in stocks could provide attractive returns through capital appreciation and dividend yields. But timing is crucial - should I invest now or wait for improved market conditions?
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
Credits goes to "Mary Elizabeth Fugelsang" one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
Hi Joseph, I can't even begin to explain how important you and your channel have been in my investing journey. I'm sincerely thankful to you for doing this a for being so consistent throughout the years. I've been with you since the early days (and I actually like revisiting some of the older videos), and one thing I noticed was that - while keeping the main tenets of your earlier philosophy - you evolved quite a lot over the years in terms of the companies you have in your portfolio and the level of concentration. I remember when you had more than 40 companies and companies like Verizon or Simon Property (not to mention more obscure ones) featured in your portfolio. As one of the viewers that has been around the longer, I think an interesting video for you to make one of these days would be about how your investing philosophy evolved over the years. Thanks again, and take care!
Is something wrong with the Money weighted return?? the money rated return would need to be 43%,,, It says 158% can anyone explain @7:20
Thanks @JosephCarlsonShow, do you keep a larger cash position somewhere else for emergencies?
Oh yea for sure. With the business i'm running (UA-cam/Patreon/Qualtrim), I have significant expenses, in taxes, and my developer. The developer alone is around 70k per year, taxes is more, and there's other stuff like data and hosting costs.
I try to keep around 80-100k in savings at any given time. Just to make sure I never have to withdraw money out of my portfolio.
@@JosephCarlsonShow thanks that really helps
@@JosephCarlsonShow thank you for creating good content, keep it up!
Question: how do you structure your investment and your business? Are they in the same company? Or one of them is in your name? Curious to know, because I may have inefficient structure (cost, taxes, etc) and would love to explore other structure.
@@JosephCarlsonShowThat’s interesting that you were a developer, but you’ve hired/outsourced the development part of your business. I imagine because if you didn’t, you’d have little time for everything else. Did you at least code an MVP yourself before hiring the developer? I come from a similar background as yourself, and I have an idea for a software product but I think I’m going to have to outsource the development or I won’t have any time to work on the rest of the business.
This is the first time i've seen you dividend yield on cost in qualtrim, about damn time.
I learned a lot about you in this years, thanks you very much
Crazy how you post all this stuff but I’m still not making money lmfaooo I’m fuckin cursed. Missed like 25-30 different 100-500% runners this year already and I just keep buying junk that drops -20% each day
There is no way around it, you gotta create your own system from scratch which is what I've done. I just watch these guys to get different perspectives. My system is 100% accurate and has nothing to do with guessing what the Fed will do or macro economic data of any kind.
Investing does not need to be complicated. In fact, the simpler the better in my opinion. I'm retired and did so at age 42 with about $1.1M for two people. We had an advisor from Morgan Stanley in our corner. Maxed 401k for many years and then saved additional in index funds in taxable account. Our rate of return has been around 10% percent per year in the taxable account over the last 10 years.
Geez! Kick down those Wall Street doors !! Would you mind disclosing info of this person guiding you please? my problem is I do not trust my guts in today's mkt
She goes by Nancy Magaret Delony I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send an email to her and let you know how it goes. Thanks for sharing
congrats to your portfolio, good job
Thanks Jo... I am so happy to see the growth .. thanks for the transparency and make it public.... please keep it public always... people love you...
Hey Joseph, I would love to hear your thoughts on SCHD. I’m debating whether or not to purchase SCHD or VICI in my Roth IRA.
Do you invest in JEPI or JEPQ? Or even SCHD? aren't these securities pretty good for dividend payouts?
where to get the sheet on how to build a quality portfolio?
Great channel, I been following for a while, I learned a lot , thank you sir
Not sure why you’re not in avgo . It seems to fit your investment style . Strong balance sheet and future growth, as well as a leader in its own space
How long will it take to turn $500 K into $1 million?
To turn $500,000 into $1,000,000, you need a sound investment strategy. Diversifying your investments across a mix of asset classes like stocks, bonds, and real estate can help. Historically, the stock market has provided significant returns, so investing a portion of your money in a well-diversified portfolio of stocks or in index funds could be beneficial. However, it's important to assess your risk tolerance and investment timeline.
A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@@SamsonsRhodesas I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks...
Taking break may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. A licensed CFA whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help...
Oh please I’d love that. Thanks!
Half a mil in 6 years, what do you do for a living?
For three of the years I worked full time as a Sr software developer while making youtube videos and growing the channel to 90,000 subscribers. I would work full time and make videos every weekend. During which I was stocking away all extra cash into the portfolio. For the other 3 years I transitioned over to full-time UA-cam once Qualtrim (a website I built from the ground up) had over 2,000 active subscribers. I realize everyone is in different situations. I'm super lucky with UA-cam. But I invest everything I can afford to.
At the same time, there are at least two dozen people in my on discord community which have grown their portfolios much larger over the past 5 years due to contributions - most of them working for various big tech companies, or starting their own businesses.
What you describe as "easy mode" is working hundreds of hours, after working a full-time job, and then thousands of hours more to build a sustainable business, grow multiple channels past a hundred thousand subscribers, build a suite of stock analysis software, and produce hundreds of videos per year.
Obviously, it's been super successful so far, but easy would not be the first words I use to describe the effort over the past decade.
@@JosephCarlsonShow He didn't say "easy mode", did he?
@@StephenGriffith-j1dyes. A user said I was doing it in easy mode.
Once I replied he deleted his comment.
@@JosephCarlsonShowTrue
@@JosephCarlsonShowdon’t bother , there are a lot small minded people out there
How do you calculate Y/Y returns, apart from contributions? Of course you're contributing, and everyone should, but it's sometimes hard to sort out which is which. Is there a standard? I'd guess each broker does it slightly differently.
Just discovered your channel with this video. I already own shares of VOO and QQQ. I'll also add VGT to my portfolio. But I'd like suggestions on long-term opportunities to explore that could make solid additions to my $250k portfolio for stable cashflow.
Those sound like great picks! Consider proper guidance so you don’t keep switching it up, Top 3 payers for the month were $VGT, $XLF, and $XLE..not bad for 250k
I agree. There's a lot of potential in the market. My friend introduced me to fiduciary guidance in 2021, and even though I was skeptical, I went on. I finally was making enough monthly dividend to quit my soulless job and pursue my dream to start a restaurant in New Jersey and still earn five figures in monthly dividends.
@@mikegarvey17I need a guide so i can salvage my port-folio and come up with better strategies. How can one reach this advis0r?
@@mikegarvey17Could you possibly recommend a CFA you've consulted with?
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with *Izella Annette Anderson* for years and highly recommend her. Look her up to see if she meets your criteria.
I just wanted to take a moment to thank you for all your insight. As a newer stock investor, I have found your videos invaluable, truly educative and inspirational. Wishing you all the very best!
How have you liked using M1 as your brokerage? Any problems?
Your killing it!!
This is not a dividend portfolio. This is a growth portfolio. You don't invest in companies that yield below 2% for their dividends.
Right, this is not a divi portfolio. It is more growth focus. This current portfolio will need to reach about 5 to 6M before he would consider FIRE.
How come the dividend chart doesn't show CP @ 13:30?
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Katherine Stewart.
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
Katherine Stewart strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.
Joseph, what do you have such different views on Adobe and Salesforce? Aren’t they exposed to the same threats regarding competition and AI innovation? Why are you so more confident on CRM? Interesting takes as always! Thank you.
What do you say about BW LPG and MidCap Financial investment?
I might not have the same portfolio as you, but I strongly consider your opinion on companies and has resulted in great gains. And to think I used to buy crypto and ark invest type stocks 😅
Always great and informative content 🙌
Whats yr view on shipping stocks?
What do you think of UPS? It has a Div Yield of 5% and they've been paying it for 24 years now. It's near it's 52 week low, do you think it's on sale or a trap?
UPS stock has a dividend payout ratio of 106.54% as of today. I believe a dividend cut is likely. They also face stiff competition from FedEx, Walmart, Amazon, etc.
Yes. Trap.
Buy
Amazon ships with ups .I think is ok to buy .Fed ex ships faster and bigger stuff .ups ships the cheapest so buy
I'm a bag holder at 148. I bought at close to the 52 week low on that premise. And it continued making new lows 🤦♂️
I'm super confused, sorry for this if my thinking is skewed, but isn't a HYSA more desirable right now?
@josephcarlsonshow Wanted to let you know your link to your M1 dividend portfolio appears to be an old version and is missing many of your holdings you talk about in this video.
If you where to invest in one company today for dividends compounding and growth what one company would that be?
My opinion, just take SCHD. That way you get multiple companies, a decent yield, and some prospects for capital appreciation. Low risk for decent reward.
@@Concatenate that’s one of my biggest holding in my portfolio at the moment. I’ve been loving the returns! Is there any good growth ETFs to keep an eye out for? I have SPMO as the second biggest holding in my portfolio
@@sethryanweatherwax247 Actually, for growth another Schwab fund is great, SCHG. Low expense ratio and great returns.
Hi Joseph, enjoy your videos! Thank you for your hard work, ideas and honesty! Please know this is appreciated, by me and my siblings. I pass your videos to friends who are willing to listen, many times you cannot help people from themselves, as perception is reality for many! All of the best!
Hi Joseph, I’m sure you’ve mention this in a previous show but do you have to manually input your portfolios and manually adjust any buys or sells too on Qualtrim or is there a way to sync Qualtrim to your broker accounts? I’ve been paying my membership for months and just now finally having some time to dig into it… Btw-I love your shows, really love how you break things down!
Just got round to watching this one - really enjoyed the breakdown! One question - I see most of your holdings pay a
Great update and very motivational for me to see the continued growth!!!
you were the reason why I started to invest in stocks and pick my own companies that I believe have long term potential
thanks for helping me get started on my journey, can't wait to see where this journey takes me over the years to come and how well my portfolio will grow
Hi Joseph, can you please make a video on if you had to start right now from scratch with little cash how would you do it?
Hi Joseph. What do you think of Berkshire Hathaway stock?
Just found your channel, Nice stuff! How should one think when it comes to dividend portfolio vs buying companies that more or less re-invests in their business? One could argue, that's the same or even better (the latter) because the company is much more effective at allocating their money into the business vs paying out dividend. Thanks!
well done Joseph. Love it.
And I learned a lot from you. With succes. Thanks a lot Joseph.
Thanks for the great content! Would love to hear about your process for screening and identifying opportunities. Thanks!
This guy's a real mentor I do appreciate and listen to your thoughts 💯 every day. I wish only success for you Sr.
Dividends are what got me into investing in the stock market. The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. Have over $600K in my portfolio as I bought a lot of dividend stocks before, I'm buying more now, and I will buy more when it drops further.
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
It's true that some people use hedging techniques or allocate a portion of their portfolio to defensive assets that do well during market downturns. These tips can be obtained by hiring market experts, as I did in 2019 during the rona outbreak, and as of right now, I can increase my $1 million portfolio by 45% after purchasing assets that my advisor recommended.
I need a guide so i can salvage my port-folio and come up with better strategies. How can one reach this advisor?
Her name is “Sharon Ann Meny’’ can't divulge much. Most likely, the internet should have her basic info, you can research if you like
I just googled her and I'm really impressed with her credentials, I reached out to her since I need all the assistance I can get. I just scheduled a caII.
It will hit 1 million dollar in a year or two! I am a follower since January 2019
Thanks to followers like you. Have you joined the Patreon yet? He might hit that sooner if you do!
@@prat-man yes been a patron since 2020
Great video! Been here since you had 80k portfolio!
Wow! 300k increase aince your last video on dividend yield. Well done!
Hi Joseph, thanks for another great video. It would be great to see this portfolio vs the market, the same as you show with your other channel
Just amazing and well done… your focus and discipline must be exceptional
This is wild! What was your average monthly contribution / DCA to grow the portfolio?
He was depositing I think like 2K per week or paycheck back when he started.
@@humblebeginner That makes it even more impressive. I was running a calculator, and if he was getting average market returns over this period, he would have had to DCA $5,000 (based on my quick calculator) to get to his current value.
@@RobCoonsdid you account for dividend drip back into his holdings? As well as the compounding interest?
I earn 12K a month in dividends. I am getting ready to eventually retire and live on my dividends. I just reinvest the dividends for now, but eventually I will take about 50% of it to live comfortably along with our 2 SS checks and pensions. Your dividend portfolio is built on strong growth and value companies. One way to boost your dividend income is to use ETF's like SPYI - QQQI - YMAG along with companies that pay more dividends than yours like BAM - HESM - SLG - BXSL - TFC - etc.... Allocating conservative percentages to the more risky ETF's like YMAG or QQQY while buying companies and ETF's that have higher dividends than the norm, you will do very well. If you do what Joseph has done and do more than one portfolio and set $$$$$$ aside to build a dividend portfolio to retire on, you will do very well,
Bro tf dide u do kill poeple to get money? 12k monthly should be like more then 10million in the portfolio💀
@@honcho4329nah, 12k per month is about $150k per year. Even at an average dividend rate of 1.8% that’s still about 8m. But I’d imagine the dividend rate would be higher. At 3% it’s 5m. Still impressive, but not $10m+
@@honcho4329 Check into armchair income - a channel on UA-cam. I love both of Joseph's online portfolios. He is very wise and a good investor. He is young and in a growth / accumulation phase as an investor. When you get closer to retirement, you can do a portfolio designed to maximize dividend income like I did. Most of my ETFs and individual stocks pay between 5% and 15%. I have some in the 40-70% range which do synthetic covered calls /options. I try to keep these ETFs at 3-5% of the dividend portfolio. I have less than 1 million in my dividend portfolio with some of my assets in real estate and safer places like CDs, savings, and a REIT. I couldn't see doing the tradition 4% withdrawal system when there is so much money available in dividend investing. If you took Joseph's $750,000 for example, and bought QQQI at $49 a share you would own 15,306 shares. It pays .64 a share monthly. That is $9,795 monthly. QQQI pays 14%. dividend. I am not suggesting you put your whole $750,000 in QQQI - it is just an example of a different approach to use when you get. old like I am.
My portfolio is about a third the size of yours. However I hit 12k in annual dividend payout. Averaging 1k/month.
What's juiced it up was the addition of CEFs. I read The Income Factory a couple years ago and they have treated me well in both divvys and capital application.
One of my favorite dividend channels
I want to say you are like a mentor to me, i don't follow the patreon, but I have alot of trspect and appreciate the core concepts you have taught me through your videos on this channel as well as after hours
Is the stock market actually getting better or is this the Election time manipulation to entice new investors, I'm currently sitting on an inheritance of 300k and i'm wondering do I invest in stocks or Gold?
buy bitcoin! it is decentralized and most secure, thus healthy competition among many miners
market crash is inevitable, but there are actually strategies to mitigate risk and profit consistently, tho such executions are usually carried out by investment experts
You make a really good argument. When I first began investing on my own, the market was really taking advantage of me. Despite my initial skepticism, I hired a CFA, and I outperformed the market by over 9%. Until it occurred twice in a row, I believed it to be an anomaly, therefore I've continued to buy through an analyst.
Could you possibly recommend a CFA you've consulted with?
*Layan Talia Chokr* is the licensed advisor I use. Just google the name and you'd find basic info. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Do you withdraw any of the gains?
Joey, great video. If you were to start investing today, what stocks would you pick? Or would you wait for a big pullback?