IMPORTANT ANNOUNCEMENTS: Happy New Year! Thanks for watching today's video. Please share your investing goals and strategies for 2023 in the comments with the community. Wishing you an amazing 2023, and I'll see you in the comments below. HELPFUL RESOURCES: My friend Greg, a high-yield investor, inspired my re-focus on the higher-yielders within my own dividend stock portfolio. (Thank you, Greg!) I recently had the honor of interviewing Greg. Following are links to my two-part interview. Part One: ruclips.net/video/x7oOnanKwCE/видео.html Part Two: ruclips.net/video/cd8FdR0UWGg/видео.html Here's my last video highlighting 10 higher-yield, quality dividend stocks I'm buying now: ruclips.net/video/YOcJoU4iECo/видео.html I'm also buying Unilever, a higher-yielder within my portfolio: ruclips.net/video/zeLdmfnWGrE/видео.html CHECK OUT MY PATREON: I'm sharing exclusive bonus content over on Patreon! I offer two tiers: Backyard Patreon and Corner Patreon. My Backyard Patrons see my stock trades, each accompanied by a blog post write-up. They also have access to 50 historical Patreon-exclusive videos. In addition to all Backyard Patron perks, my Corner Patrons also have access to my complete dividend stock portfolio (% allocation to each position) AND my complete bond portfolio (% allocation to each position). They additionally enjoy exclusive portfolio update videos, Corner Patreon virtual meet-ups, and more. Head on over to Patreon to join today: www.patreon.com/ppcian PPC IAN TWITTER: I'm always sharing fun updates on Twitter. Here's my dividend investing Twitter: twitter.com/ianlopuch PPC IAN INSTAGRAM: I'm sharing some great content over on Instagram. Check out my Instagram stories. I'm @ianlopuch: instagram.com/ianlopuch/ COOL DIVIDEND INVESTING MERCH: I offer some really amazing dividend investing merch that is sure to make you look and feel great. Each purchase supports my RUclips channel: teespring.com/stores/ppcian Thanks so much, everyone, for your support. I hope you enjoy the video today! (Disclosure and Disclaimer: I'm long UL. Please see video description for additional disclosures and disclaimers.)
I really enjoy your videos and you obviously have such a sound process and strategy going forward. Congrats. This year I remain focused on building out my long-term dividend portfolio. I am retired and sold cash secured puts in 2022 (generated $40K in income) to get into 26 individual stocks that I want to own long-term. Options are a big part of what I do to generate income in retirement. However, once I get completely built out I will only sell covered calls strategically on my portfolio because I don’t want to wheel my portfolio. What I like about Covered calls is it’s very passive and you can double your dividend amount consistently.
Happy New Year! I have just made my annual contribution to my TFSA. For the sake of sector allocation and dividend pay months, I will be buying mostly industrial sector and utility stocks as my financial and consumer stables stocks weighting is really high by comparison. That being said, I will still be buying Canadian banks and communications companies in 2023 despite their weighting in my portfolio, just to a lesser degree. It’s kind of hard to argue with 5% plus risk free rate of return on GICs. But I think the uncertainty in equities and economy is what makes for compelling starting yields with upside potential.
Thank you! It’s great seeing your evolution over the years. Couple video ideas: - what percentage of the way you are to your fire goal…maybe how the percentage changes year by year and how it accelerates with compounding?? - what dividend ETF you would choose if you had to give up individual stocks. SCHD seems to be the consensus but you could look at top holdings from a few with your unique perspective. Have a great week!
Ian! You are a true inspiration. I have also made a dividend investing channel and now have a dividend portfolio with about $17,000 in quality blue chip dividend stocks. I'm 25 years old and am excited for what the future holds. Thank you so much for the inspiration and motivation!
Love these stock picks, JNJ is going to be a company I am tripling down on should it actually come down to prices that are attractive... too high for me right now and same with MCD and PEP as well as SBUX.. However, all are rock solid investments that are in my portfolio and that I watch as well...
Been loading up Meta, Google and Amazon. No dividend but they are down so much you would be crazy not to buy. I'll keep buying until they start rocketing back up. Hopefully they go down more this year I'll pick up more. To the moon I hope😎🚀 only time will tell.
Happy New Year Ian, another great video, love your core stocks. A good motivation to increase my core stocks KO, PFE, AWK. All the best for you and your family in 2023.
Happy New Year, my friend! I appreciate your kind words. Christmas was amazing, and we are all settled in, more or less. Few more boxes to unpack, but most of the way there. Thanks, again!
I am laser focused on adding to MCD and PEP this year, of course they are near all time high valuations😩... but patience is one of the skills that dividend growth investors must learn to be successful. Wishing you and everyone on the channel a Happy and Prosperous New Year!
That is awesome, my friend! Great to hear I’m not the only one. Definitely don’t see value with PEP and MCD right now, but certainly do looking 20+ years out! Wishing you and yours a very Happy and Prosperous New Year too! (Disc: I’m long PEP and MCD)
I love the idea of building your core, foundational, all-weather positions. 2022 also helped me realize my aversion to volatility and passion for defensive positions. That said, I'll be focusing on PG, UPS, MO, and LYB.
Great video Ian! My goal for 2023 is to increase my total dividend payments by 20% to get to $30K/ Annually. Aside from obviously re-investing my current dividend income into more shares across my portfolio, looking at adding to some of my core dividend holdings (CN Rail/TD Bank/etc), as well as increase the significance of covered call ETFs with high yields from just a few % to something more meaningful. Just started a youtube channel last week where i'll be talking more about stocks/investments throughout the year for whoever may be interested! Cheers and happy new years
Thanks for the video Ian, always a pleasure to hear your thoughts on DGI. Wondered if how things have changed in the crypto world recently have impacted your strategy towards dividend investing? Would be interested in your thoughts on that. Happy new year!
My goal this year was going to be to focus on accumulating local Singapore dividend stocks. Unfortunately this would mean mostly REITs, but given the interest rate environment I might need to change strategy. Another option is banks, but they’re not my area of expertise and I don’t feel like they’re valued favorably right now - they're cyclical and likely to benefit from the interest rates in the short term, which is pushing prices up. Other companies are usually smaller or don’t have a strong dividend record, which leaves me a bit stumped. I’m still bullish on a couple of Hong Kong stocks and valuations are still amazingly low, but I already have so much China exposure, which feels increasingly risky. I guess in 2023 I’ll have to make it up as I go along.
Happy New Year Ian! I always appreciate the sincere enthusiasm you bring to the investing space. I agree with you about Starbucks -- it seems to be something people won't give up, no matter what the economic conditions. I'm hoping to build out my position as well this year. Thank you for all your hard work and dedication! 👍
Don't really understand why we need to take the risk of price fluctuation for 2% dividend when we can get at least 4% principle protected in FD. Mind explaining Ian?
I’m investing for long-term yield-on-cost. My yields on these stocks will eventually surpass 10%, and hopefully 20% one day. I discuss the YOC concept here: ruclips.net/video/Zw5uUeecFKk/видео.html And, here: ruclips.net/video/Hbc3QLZiRSE/видео.html Of course, it all takes time.
Ian, how about a 4 and/or 8-week T-Bill ladder vs a CD ladder for your cash. Both of these T-Bills are paying around 4% with state tax savings if you are in a state with state income tax. You can also have them automatically reinvest and turn the reinvestment off when needed. I agree that the I Bonds are attractive also at current rates
I like the T-Bill strategy too, for very short-term cash. The challenge is I believe the yields (especially on shorter-duration bills) will drop, over time. So, I’m locking in the higher interest rate for more years with the CDs and longer-term Notes/Bonds. That said, I am using the Bills for liquid cash. Wishing you all the greatest! (Disc: I’m long Treasuries)
I've been watching these 4 for a few months and I agree. im going to start positions in them asap. the long game potential is worth it. im a new follower but love your ideas and strategies. us Idaho Boys gotta hold strong😎
Thank you for your kind words!!! I’m hoping to organize a local Boise, ID meet-up sometime this year. Will be fun to meet-up with other Idaho dividend investors! Wishing you a great one.
My goal is to sit on my hands and enjoy my 21% monthly div, dripping at a discount. When the S&P goes up CLM will be like trying to hold a beach ball underwater, and I'm dripping! I'm adding hundreds of shares per month. If there is a rights offering I will sell all, and buy back at a discount as a share holder 3/1. That is why I ask you to buy 3 shares.
Happy new year Ian!. 🎉 that new year party horn blowing was a bonus, was hilarious as well 🤣. Loved it. Ian,many of us also do dividend ETF investing like $SCHD, DGRO, NOBL, VYM, VYMI etc. Potentially a video on what dividend etfs are SWAN ETF'S would attract many more interested viewers and will be a great video coming from your analytical mind. Thanks Ian for all you do.
You answered my question in the video haha I shud have Ben more patient but still JnJ will not be the same. JnJ will be a 100% pharma company. Your comfortable with a pharma company being a core of your portfolio? I can think of 3 pharma companies I would invest in before JnJ pharma, Abvie, Merck, PFE etc I own JnJ also now and am thinking how to handle the spin-off. The div. will be lower so that’s a concern … I have considered selling the JnJ Parma after the spin-off and buying Phzer with that moneycandcth n growing the Ainu consumer company.. eghhh decisions decisions.
Ppcian, should we be worried about Johnson & johnson spin-off. I have about 200 shares for 20 years should we sell?? What's going to happen to the stock?
Ian, I understand these are your core, and hold XYLD. What is you opinion on XYLG? I mentioned CLM to you and you never got back to me. I don't thing you understand that the monthly dividend is declared for the entire 2023 at .1228. That is 21%+ to premium, and you can drip at NAV for a 20% discount. CLM has 17 institutional investors that increased their holding in the last few months. It looks bad on paper compared to a stock, but is a CEF w/a 54% reinvestment rate. Holders are reinvesting. This will drive up the premium. Buy 3 shares. It is a few coffees, and trust me. Once you learn this fund you will be in long.
Happy new year! I'm actually considering abandoning DGI for this year. I'm thinking that the traditional dividend stocks such as PEP, MCD, etc. are overvalued; perhaps we can have greater returns in growth stocks??
Happy New Year! Thanks for sharing! Interesting perspective. I do see value in certain growth stocks like GOOGL, so I can see where you are coming from. My allocation this year is largely around my 20+ year roadmap, but I agree valuations are currently high. (Disc: I’m long GOOGL)
@@ppcian I was actually up 8.6% in my 401k in 2022. Big pharma (ABBV, BMY, MRK, and PFE), LMT, KR, AFL were all way up. I cannot justify adding to them at current levels.
Hi I am New to stocks. What is the best price to buy these 4 stocks in 2023? And will the price I buy them matter if I want them to benefit me in 20 years?
Thank you for everything you do man. I love you videos and you input it gives me a lot to think about for my portfolio. I’d love too know what your RUclips name means and how you came up with it?
@@ppcian thank you for sharing your blog with me I loved reading more about you. Your life seems incredibly interesting and it’s a very impressive story. 😁
That is correct, to my knowledge. Immediate tax benefit for biz, taxed as ordinary income when I withdraw as employee. Gets to grow tax free until withdrawal.
I feel like both JNJ and PEP are just too high relative to the market for me to justify plowing too much money into them right now (but then I'm already heavily into both) because I was plowing money into them when everyone else was trying to cash in on crypto (RIP). Personally I'm looking for very stable companies that are on deep discount. Buy while there's blood in the street and all that.
I think many of us bought in on JNJ, PEP, PG, KO, and those other "core" type high quality stocks when they were much, much cheaper. I remember buying Microsoft at $17. Today is much harder to get quality at a discount.
Thanks for sharing! I’m definitely averaging up, and agree there is not a ton of short-term value. That said, I’m buying for multi-decades out, so I just want the right allocation. Wishing you a great New Year! (Disc: I’m long JNJ and PEP)
@@ppcian I wouldn't be where I am now without your advice Ian. I'm so grateful to you for your well considered videos that helped me get started back in 2018 and my mind has been totally blown by how quickly it's all snowballing. It's been interesting during this recession because the Market Value of my portfolio overall went down 1.2% in the last year but I'm still up quite a bit thanks to dividends and I was able to buy cheap all year. It really is strong evidence for the quality of your basic strategy so thank you.
Yeah Ian. I've been a long time subscriber of your channel. Love all you do. Thanks so much! Dividends are the best! I'm reaching out today because crypto is down big and I'm thinking now is the best time than ever to get in. When pessimism is high that's the time to reevaluate past decisions. I've always stayed away but now I'd like to learn more. Do you still operate a crypto channel? I cant find it. Can you direct me to your crypto channel?
I really dont know why so many youtube investors just invest in stocks to build their positions even if they are not on sale. I might wait years if i have to. To come back to a position i already own. I only buy when the prices plunge. They always do eventually. And if you have a big enough array of stocks in your portfolio there is always something on sale at any given time to invest in while biding ones time for the other ones.
I have two types of emergency funds. 1) Liquid cash that I can use immediately and 2) intermediate-term cash that could be used for an extended emergency. Bucket 2 is partially in CDs that have laddered maturity dates. Bucket 1 could hold me over until such maturity dates hit. The key for me is to have a strategy that is robust enough to avoid ever having to sell dividend stocks.
First time seeing one of your videos, and very informative. However, not sure I understand why you picked the "core 4" you did, even with al the analysis. Those are all great companies, but there are so many companies that pay a much higher dividened yields, that are just as strong and stable as yours. There are even a couple dvdnd ETF's that have hiher yields, that is far more stable because their are a basket of very strong companies. That being said, I have been loading up on strong dividend stocks, while they are on sale, especially in my roth, which will generate tax free income in retirement.
My boring non tech recession proof stocks are always at all time highs every year they never go down AZO, DG, DLTR, UNH, HEI, HSY, ROL, no skills, no trading, no guessing, no etf's, no crypto, no Ipo's, no Tesla or any other such nonsense.
It costs about 4 cents for the cup and 4 cents for the coffee, when you add up the extras to pay employees, insurance, change the light bulbs in the store etc. it should not cost more than 50 cents for a cup of coffee and of course you have to do all the work, find the extras, napkins, buss the table, heck they stand behind the counter and watch you do all the work, they should be paying you for all the work as a customer that you did, however, I always see many people at the place.
Are you working? If not, you should get at least a part time job and or develop a new skill and get a part time or full time job(trade work, trucking, retail job you can work till 70 etc.). Work that until 65-70 and try to save alot and meet with a CFA.
I'm surprised PG isn't in your core 4. My core 4 would be JNJ, PEP, PG, and MCD. I'm not a big coffee fan and I feel like it is too niche, but just because I don't understand it doesn't mean I'm right....AT ALL lol
Love your video's, but seriously, drop the intro. It's an Invesing channel, the avrage person doesn't care about watching an intro and just want to get to it. Anyways best of luck in 2023!
IMPORTANT ANNOUNCEMENTS:
Happy New Year! Thanks for watching today's video. Please share your investing goals and strategies for 2023 in the comments with the community. Wishing you an amazing 2023, and I'll see you in the comments below.
HELPFUL RESOURCES:
My friend Greg, a high-yield investor, inspired my re-focus on the higher-yielders within my own dividend stock portfolio. (Thank you, Greg!) I recently had the honor of interviewing Greg. Following are links to my two-part interview.
Part One: ruclips.net/video/x7oOnanKwCE/видео.html
Part Two: ruclips.net/video/cd8FdR0UWGg/видео.html
Here's my last video highlighting 10 higher-yield, quality dividend stocks I'm buying now: ruclips.net/video/YOcJoU4iECo/видео.html
I'm also buying Unilever, a higher-yielder within my portfolio: ruclips.net/video/zeLdmfnWGrE/видео.html
CHECK OUT MY PATREON:
I'm sharing exclusive bonus content over on Patreon! I offer two tiers: Backyard Patreon and Corner Patreon.
My Backyard Patrons see my stock trades, each accompanied by a blog post write-up. They also have access to 50 historical Patreon-exclusive videos.
In addition to all Backyard Patron perks, my Corner Patrons also have access to my complete dividend stock portfolio (% allocation to each position) AND my complete bond portfolio (% allocation to each position). They additionally enjoy exclusive portfolio update videos, Corner Patreon virtual meet-ups, and more.
Head on over to Patreon to join today: www.patreon.com/ppcian
PPC IAN TWITTER:
I'm always sharing fun updates on Twitter.
Here's my dividend investing Twitter: twitter.com/ianlopuch
PPC IAN INSTAGRAM:
I'm sharing some great content over on Instagram. Check out my Instagram stories. I'm @ianlopuch: instagram.com/ianlopuch/
COOL DIVIDEND INVESTING MERCH:
I offer some really amazing dividend investing merch that is sure to make you look and feel great. Each purchase supports my RUclips channel: teespring.com/stores/ppcian
Thanks so much, everyone, for your support. I hope you enjoy the video today!
(Disclosure and Disclaimer: I'm long UL. Please see video description for additional disclosures and disclaimers.)
When I first started investing I had no idea what I was doing. Your videos taught me so much. Thank you Ian!
As always great video Ian. Can't believe you haven't reached 100k subscribers yet.
I really enjoy your videos and you obviously have such a sound process and strategy going forward. Congrats. This year I remain focused on building out my long-term dividend portfolio. I am retired and sold cash secured puts in 2022 (generated $40K in income) to get into 26 individual stocks that I want to own long-term. Options are a big part of what I do to generate income in retirement. However, once I get completely built out I will only sell covered calls strategically on my portfolio because I don’t want to wheel my portfolio. What I like about Covered calls is it’s very passive and you can double your dividend amount consistently.
Happy New Year! I have just made my annual contribution to my TFSA. For the sake of sector allocation and dividend pay months, I will be buying mostly industrial sector and utility stocks as my financial and consumer stables stocks weighting is really high by comparison. That being said, I will still be buying Canadian banks and communications companies in 2023 despite their weighting in my portfolio, just to a lesser degree. It’s kind of hard to argue with 5% plus risk free rate of return on GICs. But I think the uncertainty in equities and economy is what makes for compelling starting yields with upside potential.
Thank you! It’s great seeing your evolution over the years.
Couple video ideas:
- what percentage of the way you are to your fire goal…maybe how the percentage changes year by year and how it accelerates with compounding??
- what dividend ETF you would choose if you had to give up individual stocks. SCHD seems to be the consensus but you could look at top holdings from a few with your unique perspective.
Have a great week!
got 18, so far 😃 happy new year from Denmark, and thx
Nice video Ian!! Keep up the good work. Greetings from Thailand.
Thank you for your kind words! Happy New Year!
Ian! You are a true inspiration. I have also made a dividend investing channel and now have a dividend portfolio with about $17,000 in quality blue chip dividend stocks. I'm 25 years old and am excited for what the future holds. Thank you so much for the inspiration and motivation!
Haven't seen one of your vids in ages. You make RA's, BA's, & FP's giddy with these amusing vids. Happy New Year, lol
Happy New Year from Dayton, Ohio!
Happy New Year!!!
Love these stock picks, JNJ is going to be a company I am tripling down on should it actually come down to prices that are attractive... too high for me right now and same with MCD and PEP as well as SBUX.. However, all are rock solid investments that are in my portfolio and that I watch as well...
I like your new money allocation to bonds. And your mention of safe cash reserves. Makes sense.
Thanks for your kind words! Wishing you a great one!
Happy New Year! Thanks for the update. I look forward to investing this year.
Been loading up Meta, Google and Amazon. No dividend but they are down so much you would be crazy not to buy. I'll keep buying until they start rocketing back up. Hopefully they go down more this year I'll pick up more. To the moon I hope😎🚀 only time will tell.
I have 4 core holdings also Ian, great minds think alike. Mine are PEP, MCD, HD, and LMT.
Happy New Year Ian,
another great video, love your core stocks.
A good motivation to increase my core stocks KO, PFE, AWK.
All the best for you and your family in 2023.
Love the idea of starting back up an IRA as that little bit that will hold you over in early retirement so your main investments can keep compounding!
Thanks for your kind words! Every year of extra compounding matters!
I have been somewhat worried about the upcoming JNJ split, but you sound fairly confident in the position! It's my #2 "core" position after MSFT.
Happy New Year to you and your family Ian!
Happy New Year to you and yours too!
Happy New Year Ian!!!!! I hope you and the family are settled in to the new home, and had a great Christmas.
Happy New Year, my friend! I appreciate your kind words. Christmas was amazing, and we are all settled in, more or less. Few more boxes to unpack, but most of the way there. Thanks, again!
I am laser focused on adding to MCD and PEP this year, of course they are near all time high valuations😩... but patience is one of the skills that dividend growth investors must learn to be successful. Wishing you and everyone on the channel a Happy and Prosperous New Year!
That is awesome, my friend! Great to hear I’m not the only one. Definitely don’t see value with PEP and MCD right now, but certainly do looking 20+ years out! Wishing you and yours a very Happy and Prosperous New Year too! (Disc: I’m long PEP and MCD)
Happy new Year from Germany 🎉
Happy New Year! Thanks for your comment, my friend!
I love the idea of building your core, foundational, all-weather positions. 2022 also helped me realize my aversion to volatility and passion for defensive positions. That said, I'll be focusing on PG, UPS, MO, and LYB.
after watching the interview I completely changed my portfolio, reduced from 90 stocks down to 20ish and boosted monthly income by $100.
That is neat! Thank you for sharing!
Great video Ian! My goal for 2023 is to increase my total dividend payments by 20% to get to $30K/ Annually. Aside from obviously re-investing my current dividend income into more shares across my portfolio, looking at adding to some of my core dividend holdings (CN Rail/TD Bank/etc), as well as increase the significance of covered call ETFs with high yields from just a few % to something more meaningful. Just started a youtube channel last week where i'll be talking more about stocks/investments throughout the year for whoever may be interested! Cheers and happy new years
Thanks for sharing! Wishing you huge success with your 2023 goals and your RUclips channel too!
Happy New Year Ian, great video. I love seeing your portfolio strategies. I've also been dipping into bonds and T-Bills aside from dividend stocks.
Thanks for the video Ian, always a pleasure to hear your thoughts on DGI. Wondered if how things have changed in the crypto world recently have impacted your strategy towards dividend investing? Would be interested in your thoughts on that. Happy new year!
My goal this year was going to be to focus on accumulating local Singapore dividend stocks. Unfortunately this would mean mostly REITs, but given the interest rate environment I might need to change strategy. Another option is banks, but they’re not my area of expertise and I don’t feel like they’re valued favorably right now - they're cyclical and likely to benefit from the interest rates in the short term, which is pushing prices up. Other companies are usually smaller or don’t have a strong dividend record, which leaves me a bit stumped. I’m still bullish on a couple of Hong Kong stocks and valuations are still amazingly low, but I already have so much China exposure, which feels increasingly risky. I guess in 2023 I’ll have to make it up as I go along.
Sounds like a good plan! (even if it is more tactics than strategy ;) )
Happy New Year Ian! I always appreciate the sincere enthusiasm you bring to the investing space. I agree with you about Starbucks -- it seems to be something people won't give up, no matter what the economic conditions. I'm hoping to build out my position as well this year. Thank you for all your hard work and dedication! 👍
Favorite youtuber right here
Thank you for your kind words!
Don't really understand why we need to take the risk of price fluctuation for 2% dividend when we can get at least 4% principle protected in FD. Mind explaining Ian?
I’m investing for long-term yield-on-cost. My yields on these stocks will eventually surpass 10%, and hopefully 20% one day. I discuss the YOC concept here: ruclips.net/video/Zw5uUeecFKk/видео.html And, here: ruclips.net/video/Hbc3QLZiRSE/видео.html Of course, it all takes time.
Thanks for the video Ian! Any Bitcoin for 2023??
Thanks for content
Thanks for your longtime support!
I like your SEP plan!
Thank you! Wishing you a great one!!!
Im kinda focusing on OCSL, buying a little bit UTZ, RYLD, EAD, and JEPI.
Question when you say you need to grow your JnJ position after the spin-off are you referring to JnJ phrama or the new consumer JnJ?
Ian, how about a 4 and/or 8-week T-Bill ladder vs a CD ladder for your cash. Both of these T-Bills are paying around 4% with state tax savings if you are in a state with state income tax. You can also have them automatically reinvest and turn the reinvestment off when needed. I agree that the I Bonds are attractive also at current rates
I like the T-Bill strategy too, for very short-term cash. The challenge is I believe the yields (especially on shorter-duration bills) will drop, over time. So, I’m locking in the higher interest rate for more years with the CDs and longer-term Notes/Bonds. That said, I am using the Bills for liquid cash. Wishing you all the greatest! (Disc: I’m long Treasuries)
I've been watching these 4 for a few months and I agree. im going to start positions in them asap. the long game potential is worth it. im a new follower but love your ideas and strategies. us Idaho Boys gotta hold strong😎
Thank you for your kind words!!! I’m hoping to organize a local Boise, ID meet-up sometime this year. Will be fun to meet-up with other Idaho dividend investors! Wishing you a great one.
My goal is to sit on my hands and enjoy my 21% monthly div, dripping at a discount. When the S&P goes up CLM will be like trying to hold a beach ball underwater, and I'm dripping! I'm adding hundreds of shares per month. If there is a rights offering I will sell all, and buy back at a discount as a share holder 3/1. That is why I ask you to buy 3 shares.
Happy new year Ian!. 🎉 that new year party horn blowing was a bonus, was hilarious as well 🤣. Loved it.
Ian,many of us also do dividend ETF investing like $SCHD, DGRO, NOBL, VYM, VYMI etc.
Potentially a video on what dividend etfs are SWAN ETF'S would attract many more interested viewers and will be a great video coming from your analytical mind.
Thanks Ian for all you do.
Hi just buy the VYM $$$🎉😊
You answered my question in the video haha I shud have Ben more patient but still JnJ will not be the same. JnJ will be a 100% pharma company. Your comfortable with a pharma company being a core of your portfolio? I can think of 3 pharma companies I would invest in before JnJ pharma, Abvie, Merck, PFE etc
I own JnJ also now and am thinking how to handle the spin-off. The div. will be lower so that’s a concern … I have considered selling the JnJ Parma after the spin-off and buying Phzer with that moneycandcth n growing the Ainu consumer company.. eghhh decisions decisions.
Ppcian, should we be worried about Johnson & johnson spin-off. I have about 200 shares for 20 years should we sell?? What's going to happen to the stock?
Thanks Ian
Thanks for your comment!
Ian, I understand these are your core, and hold XYLD. What is you opinion on XYLG? I mentioned CLM to you and you never got back to me. I don't thing you understand that the monthly dividend is declared for the entire 2023 at .1228. That is 21%+ to premium, and you can drip at NAV for a 20% discount. CLM has 17 institutional investors that increased their holding in the last few months. It looks bad on paper compared to a stock, but is a CEF w/a 54% reinvestment rate. Holders are reinvesting. This will drive up the premium. Buy 3 shares. It is a few coffees, and trust me. Once you learn this fund you will be in long.
Happy new year!!🎉
Same to you!
Core 4 MCD, AAPL, CN, BMO
Thanks for sharing! AAPL is a huge position for me, just barely misses my own Core 4. (Disc: I’m long MCD, AAPL, and BMO)
Happy new year!
I'm actually considering abandoning DGI for this year. I'm thinking that the traditional dividend stocks such as PEP, MCD, etc. are overvalued; perhaps we can have greater returns in growth stocks??
Happy New Year! Thanks for sharing! Interesting perspective. I do see value in certain growth stocks like GOOGL, so I can see where you are coming from. My allocation this year is largely around my 20+ year roadmap, but I agree valuations are currently high. (Disc: I’m long GOOGL)
@@ppcian I was actually up 8.6% in my 401k in 2022. Big pharma (ABBV, BMY, MRK, and PFE), LMT, KR, AFL were all way up. I cannot justify adding to them at current levels.
I would love to know the particulars about the j&j spin-off
Happy 2023 YEAR, with this amazing work that Ian do on his Channel...Greetings from Portugal.
Happy New Year.
While I like the dividend strategy you can do better with Closed End Bond Funds that pay north of 8%
Starbucks is too expensive now, like Pepsico, McDonalds. Probably J&J, but I think J&J should have at least a 3% yield before adding.
Hi I am New to stocks. What is the best price to buy these 4 stocks in 2023? And will the price I buy them matter if I want them to benefit me in 20 years?
Happy New Year!
Happy New Year!
Thank you for everything you do man. I love you videos and you input it gives me a lot to think about for my portfolio. I’d love too know what your RUclips name means and how you came up with it?
Your kind words mean a lot! Thank you! Here’s the origin of my name, on my about me page: www.ppcian.com/about-me/
@@ppcian thank you for sharing your blog with me I loved reading more about you. Your life seems incredibly interesting and it’s a very impressive story. 😁
Great video! Thank you Ian for sharing. For SEP, I thought it is tax deductible from your business, but won't be tax free for future withdraw?
That is correct, to my knowledge. Immediate tax benefit for biz, taxed as ordinary income when I withdraw as employee. Gets to grow tax free until withdrawal.
Maybe it's really a good idea to add dividend stocks in a coming recession. 🤔
Unfortunately all this quality stocks are expensive.
Happy New Year 🎉
Many thanks, my friend. Same to you! Happy New Year!!! Appreciate your longtime support.
I feel like both JNJ and PEP are just too high relative to the market for me to justify plowing too much money into them right now (but then I'm already heavily into both) because I was plowing money into them when everyone else was trying to cash in on crypto (RIP). Personally I'm looking for very stable companies that are on deep discount. Buy while there's blood in the street and all that.
I think many of us bought in on JNJ, PEP, PG, KO, and those other "core" type high quality stocks when they were much, much cheaper. I remember buying Microsoft at $17. Today is much harder to get quality at a discount.
Thanks for sharing! I’m definitely averaging up, and agree there is not a ton of short-term value. That said, I’m buying for multi-decades out, so I just want the right allocation. Wishing you a great New Year! (Disc: I’m long JNJ and PEP)
@@ppcian I wouldn't be where I am now without your advice Ian. I'm so grateful to you for your well considered videos that helped me get started back in 2018 and my mind has been totally blown by how quickly it's all snowballing. It's been interesting during this recession because the Market Value of my portfolio overall went down 1.2% in the last year but I'm still up quite a bit thanks to dividends and I was able to buy cheap all year.
It really is strong evidence for the quality of your basic strategy so thank you.
Yeah Ian. I've been a long time subscriber of your channel. Love all you do. Thanks so much! Dividends are the best!
I'm reaching out today because crypto is down big and I'm thinking now is the best time than ever to get in. When pessimism is high that's the time to reevaluate past decisions. I've always stayed away but now I'd like to learn more. Do you still operate a crypto channel? I cant find it. Can you direct me to your crypto channel?
Those P/E's for the "value" stocks are currently too high to be putting more investment into imo.
As mentioned in the video, these are certainly not values. However, they are strategic for me looking 20+ years out. Wishing you a Happy New Year!
I really dont know why so many youtube investors just invest in stocks to build their positions even if they are not on sale. I might wait years if i have to. To come back to a position i already own. I only buy when the prices plunge. They always do eventually. And if you have a big enough array of stocks in your portfolio there is always something on sale at any given time to invest in while biding ones time for the other ones.
🔥
Thank you!
Why would you put emergency cash into CD's? This is completely baffling to me. They're like the least liquid place you could put that money.
I have two types of emergency funds. 1) Liquid cash that I can use immediately and 2) intermediate-term cash that could be used for an extended emergency. Bucket 2 is partially in CDs that have laddered maturity dates. Bucket 1 could hold me over until such maturity dates hit. The key for me is to have a strategy that is robust enough to avoid ever having to sell dividend stocks.
@@ppcian that'll do it, thanks for the response, it was a head scratcher lol
First time seeing one of your videos, and very informative. However, not sure I understand why you picked the "core 4" you did, even with al the analysis. Those are all great companies, but there are so many companies that pay a much higher dividened yields, that are just as strong and stable as yours. There are even a couple dvdnd ETF's that have hiher yields, that is far more stable because their are a basket of very strong companies. That being said, I have been loading up on strong dividend stocks, while they are on sale, especially in my roth, which will generate tax free income in retirement.
How has your overall performance been versus an ETF like vig
My boring non tech recession proof stocks are always at all time highs every year they never go down AZO, DG, DLTR, UNH, HEI, HSY, ROL, no skills, no trading, no guessing, no etf's, no crypto, no Ipo's, no Tesla or any other such nonsense.
First baby😎
Thank you for your support! Thanks for being first!
Why is SBUX in that list? Anyone who is feelin the crunch in a recession will have to give up the $7 latte.
It costs about 4 cents for the cup and 4 cents for the coffee, when you add up the extras to pay employees, insurance, change the light bulbs in the store etc. it should not cost more than 50 cents for a cup of coffee and of course you have to do all the work, find the extras, napkins, buss the table, heck they stand behind the counter and watch you do all the work, they should be paying you for all the work as a customer that you did, however, I always see many people at the place.
What do you do at 60 when I don’t have 20 years plus to wait??? Not everyone watching your videos is your age.
Probably better to go with a low cost s&p 500 etf or dividend focused etf like schd since you don’t have much time to recover from a bad investment.
Are you working? If not, you should get at least a part time job and or develop a new skill and get a part time or full time job(trade work, trucking, retail job you can work till 70 etc.). Work that until 65-70 and try to save alot and meet with a CFA.
aside from Johnny John the rest I won't touch
MCD has a lot too much debt... no buy
The market is done you can't go up 30% every year in perpetuity
All too high.
I'm surprised PG isn't in your core 4.
My core 4 would be JNJ, PEP, PG, and MCD.
I'm not a big coffee fan and I feel like it is too niche, but just because I don't understand it doesn't mean I'm right....AT ALL lol
Love your video's, but seriously, drop the intro. It's an Invesing channel, the avrage person doesn't care about watching an intro and just want to get to it. Anyways best of luck in 2023!
Thanks for your feedback! Wishing you a Happy 2023!
I like the intro!
@@taylorbarnard4880 Intro needed!
Do whatever you want Ian, you’re giving free info out and we’re thankful 👍🏼
😂 I’m only here for the intro 😂
Happy New Year!