If you invest 1000.00 into your allocation, does Fidelity process the buys into each position by your set weight or do you have to do that on your own?
I’m in my early 20’s and I believe this video changed my perspective towards investment in fact it added diversification towards my $ goals. Thank you and you’ve earned another subscriber.
Hi Joe, definitely make a video on why you pick those particular stocks. A couple of those stocks i looked at and some seemed suspect. Im interested in quality stocks that pay good dividends. Thank you for your troubles, as I said before, your research saves me time and it is very much appreciated!!
GREAT TO HEAR! I am always open to feedback and if you have specific concerns about elements of my portfolio I'd LOVE to hear them so I can vet them and even include those concerns in my coming video!
@@AverageJoeInvestor I use a site called Wallstreetzen. Now i'm new to investing so perhaps I may be taking the info from this site too seriously. Anyway I looked up a couple stocks from your portfolio on wallstreetzen and according to their site they may not be good stocks. Let me know what you think, Thanks Joe!
Can you please make a video explaining your choices for your dividend stock? And the criteria you use in picking stocks in general. Please and thank you.
You have nice easy and simple explanations. Thanks for helping me as I ‘m new to investing and Im 60 so I need to be smart. I already owned GPC which is doing amazing.
Congratulations! Nothing better than impirical data to show the results. Would like to see if we just buy the portfolio and reinvest dividends. No monthly contributions. A static view of the performance of the portfolio. Let's start with $10,000 or $20,000.
AWESOME DAVID! Thank you so much for joining the Average Joe Investor community! I appreciate that feedback! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
SUBSCRIBED!! I have been binge watching your videos all day and my wife and I are OBSESSED!!! The FIRE community speaks highly of indexed funds, such as VTSAX, VYM, etc., but your M1 portfolio only shows a list of 19 dividend stocks? I'm curious if you have a fully diversified portfolio (including stocks (US, developing, emerging) , ETF's, bonds, etc.), and if so, would you be willing to share your allocation? (Sorry in advance if this has been covered and I haven't gotten to that video yet). Love what you're doing!
Wait. I found the answer in your "My Fidelity Roth IRA EXPOSED" video. It seems that you hold indexed funds in your retirement accounts, and hold these 19 stocks in your regular brokerage accounts. Super simple, fantastic!
Glad you found the answer. I actually show my portfolio via an M1 FInance pie available as a link in all of my videos as well as discussing it in more detail in the Patreon community. THANK YOU for watching David and for leaving your $0.02 in the comments! 😎👍🏻
@@AverageJoeInvestor Thank you! Could you make videos on how to invest to prepare for retirement. From my reading, bond is still volatile. Are dividend stocks better since they can generate income?
Very interesting. I have only invested into index funds & etfs. I've been thinking about dedicating 3 to 5% of my portfolio to individual stocks. I haven't made up my mind yet but your portfolio is encouraging. Thanks.
THANK YOU for that feedback! Just because I choose to own QUALITY individual dividend stocks does not mean YOU or ANYBODY has to do so as well to be successful. =) Investing is a long game whether you choose dividend stocks, dividend ETF's or index funds. GOOD LUCK and please continue to engage and ask questions! =)
HI DEBORA! I personally have my Dividend Portfolio with Fidelity. I was with Robinhood but wanted more support options in the event of any issues. I don't have any experience with WeBull but I do like M1 Finance. =) Hope that helps! THANK YOU for watching Debora and for leaving your $0.02 in the comments! 😎👍🏻
Thank you for the video! I am more interested in how you decided to weigh these securities in your portfolio, rather than just the choosing of quality dividend yielding companies. Would you be willing to do a video or series on the different ways to weigh a portfolio and the outcomes thereof?
GREAT QUESTION PETAR!I am actually doing something similar to what you are asking on Friday of this week BUT I will expand on it in a future video. GREAT SUGGESTION! THANK YOU for watching Petar and for leaving your $0.02 in the comments! 😎👍🏻
I dont mean to be offtopic but does any of you know a method to log back into an instagram account?? I was dumb lost my password. I appreciate any tricks you can give me!
@Princeton Merrick I really appreciate your reply. I found the site thru google and I'm waiting for the hacking stuff now. Looks like it's gonna take quite some time so I will reply here later when my account password hopefully is recovered.
First, your videos are awesome and I have subscribed. You may have answered this question in the video, but I missed it. In your portfolio, do you have the dividends set to simply re-invest with the company that issued them? Or do you have them all roll into a core holding and then re-invest them according to your M1 Pie weighting? Also, do you rebalance your dividend portfolio or simply let it change "organically" over time? I was thinking a rebalance every so often would more or less accomplish the task of fixing the dividends to the pie weighting, but include the growth of the stocks as well.
GREAT QUESTION! Yes, in my Fidelity brokerage account I have it currently set to reinvest all dividends back into the same dividend stock. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Hi Joe can you put the Quality Dividend Stocks Portfolio into M1 finance and share the link to the portfolio? Note this doesn't share your account just the stocks and weights then someone can easily invest into the setup. Thank you
GREAT QUESTION ROBERT! I am going to cover Buy/Write ETF's AKA ETF's that utilize options to generate income here in the next 1-2 weeks! Be on the lookout for that video! =) THANK YOU for watching Robert and for leaving your $0.02 in the comments! 😎👍🏻
GREAT QUESTION DARWIN! I used to have my Roth IRA with M1 Finance but I brought it over to Fidelity where I also have my Dividend Portfolio in a brokerage account. there are people in my audience who have M1 Finance which is why I have the sharable investing pie link in my description. I hope that answers your question Darwin. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Love your channel and like your other videos, I found this very interesting and informative (lots of hard work-thank you). Would you care to comment on volatility/risk of your portfolio vs and ETF? Specifically, I would like to hear your thoughts about the impact of one of your 19 stocks tanking badly compared to one of the 102 stocks in the SCHD ETF tanking badly (any etf). I guess what I am saying is from a statistical point of view, your portfolio is more vulnerable and a single stock behaving poorly could cause you a decent amount of pain.
GREAT QUESTION DAVE! I am always open to feedback on my investing strategy. I think you are spot on that a Dividend ETF is less risky. That being said, IF I get more value (i.e. Dividends/Dividend Growth) out of individual stocks AND I am willing to monitor my portfolio more than I would need to with a dividend ETF or index funds, then I am willing to take a little more risk. Additionally, I don't care at all about my stock prices UNLESS they are indicative of long-term fundamental changes in the business. IF my stock price dips, it doesn't matter to me. IN FACT, it will lead to additional shares at lower prices when I reinvest my dividends. Hope that helps and I am always willing to continue the conversation moving forward. =) THANK YOU for watching Dave and for leaving your $0.02 in the comments! 😎👍🏻
AWESOME MELISSA! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
Joe, Thanks for your reply regarding MFC as I really appreciate it. Regarding VLO, I have less invested in it then you do. I will let my investment stand and just not purchase anymore. Once again thank you and take care!
I subscribed, I am new to stocks investing , would like to start small perhaps from HSA account balance in fidelity , can you please recommend any of your favorite dividend or growth portfolios
AWESOME! Thank you so much for joining the Average Joe Investor community! I am not able to necessarily make a specific recommendation, but here are some things to consider: Are you trying to keep it simple and set it and forget it? IF YES< something like the S*P 500 and Total Stock Market might be an EXCELLENT fit. Are you trying to maximize cash flow RIGHT NOW? Something like QYLD, NUSI, SCHD and quality individual dividend stocks might be a GREAT FIT. I hope that helps point you in the right direction. Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
Newer investor here. Say you are putting $200 a week into your portfolio, are you spreading that out across all 19 every week, or how do you allocate your funds with so many possibilities? I heard you say you don't do this in your own portfolio. How do you determine where your money goes? Do you have a video on this yet? Thanks... Love the channel !
GREAT QUESTION and I do NOT have a video on this yet but I will cover it in my video next Friday about dissecting my portfolio. =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
AWESOME JUEWELLE! Thank you so much for joining the Average Joe Investor community! The Fidelity ZERO Large Cap Index Fund FNILX is a great index fund for long-term investors that mimics the S&P 500 with no expense ratios. Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
Covered Call ETF's are an interesting topic to cover as they provide cash flow from the NASDAQ and Russell 2000 but at the same time limit growth based on the metrics/strategy of the ETF. A topic worth covering in the near future! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
After reading / listening to the Bogelhead's philosphy as a new investor, here I am thinking that you "can't beat the market". Thanks for this new perspective.
HI SAMMY! =) I just want to clarify here that my goal is not necessarily to BEAT THE MARKET but to generate cash flow that will continue to increase over time. the fact that I have a higher balance potentially vs. investing in the S&P 500 or a different index fund is just gravy. =) EVEN IF I have a lower balance than an index fund investment doesn't change my investing philosophy. Hope that makes sense. THANK YOU for watching Sammy and for leaving your $0.02 in the comments! 😎👍🏻
Hi I'm subscribed, I would like to know about investment prioritization, Roth Ira vs investing directly on ETF's, should I maximize my roth IRA before I invest on ETFs?
GREAT QUESTION! It definitely depends on your goals! Are you looking to retire early and live off of this income? Perhaps you love your job and just want to save a lot for retirement. You can also own ETFs in your retirement account. So to invest in a retirement account versus a brokerage account will depend a lot on when you need the money and what your goals are. Hope that helps! THANK YOU FOR WATCHING AND FOR LEAVING YOUR $0.02 IN THE COMMENTS! 👍🏻😎
@@AverageJoeInvestor thank you, can you make a video about investment prioritization? I would like to retire in my mid 50's if possible, but I just started a roth ira in december and I'm in my mid 30s.
AWESOME JOSE! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
GREAT QUESTION! Yes I do. I assume reinvesting dividends to ensure an apples-2-apples comparison. =) THANK YOU for watching rangwood and for leaving your $0.02 in the comments! 😎👍🏻
Hi Joe, Looking forward to your detailed explanation of the 19 dividend stocks in your portfolio next week. Please tell me why you sold Manulife Financial (MFC)? Thank you and the best of luck to you in becoming a Registered Investment Advisor. You will be GREAT at it as you are the best! Take care and God bless.
Honestly Doug, I think it may have been oversight. I actually plan on buying it back AND I am strongly considering selling Valero (VLO) due to their Q4 results and negative FCF that is persisting. More on that soon!
AWESOME AUGUSTINE! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
AWESOME PATRICK! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
HI AIDA! EMN is an OK play but their dividend yield is only 2.42%. AEP has negative free cash flow. Given this information I cannot recommend either dividend stock nor do I own them myself. I would need to do additional research before giving any additional recommendations. THANK YOU for watching Aida and for leaving your $0.02 in the comments! 😎👍🏻
Can you show your portfolio's 10 yr historic performance with a $10,000 initial investment, reinvesting dividends but with no other reinvestment so we can compare to other investment's performance during that time?
I just found your channel! I love it! I’m interested in dividend ETFs and dividend stocks. Idk if you could maybe make shorter videos? I find that I have to stop in the middle of the video to do something. Thanks
THANK YOU for that feedback! I actually THINK when I am filming that the videos are closer to 10 minutes and then they END UP being CRAZY LONG. So Sorry! I will try to work on that! THANK YOU for watching Jay and for leaving your $0.02 in the comments! 😎👍🏻
@@AverageJoeInvestor I appreciate you cover investments in detail, and pass on your knowledge. I don't mind hearing you for longer. You started me on Fidelity investing. Thank you!
Excellent video - straightforward and makes sense. I know the portfolio is only part of your overall investing strategy. Do you also have any separate growth portfolio?
HI ALAN! Yes, I also have a growth portfolio in my Roth IRA and my 401k has a large cap growth fund with the small cap as well. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
GREAT QUESTION DREW! If a stock breaks through my investing criteria then I sell it. Sometimes it can be difficult to sell but I see it as BETTER to avoid the dividend cut then hold out due to my pride. I am covering my dividend criteria COMPREHENSIVELY in my video this coming Friday so stay tuned! =) THANK YOU for watching Drew and for leaving your $0.02 in the comments! 😎👍🏻
AWESOME PJ! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
THANK YOU for your question Bryan! I am COMPREHENSIVELY covering this topic this coming Friday (03-05-2021). STAY TUNED! THANK YOU for watching Bryan and for leaving your $0.02 in the comments! 😎👍🏻
AWESOME GEOFFREY! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
You need to go on the Choose FI podcast. This is the “why” on dividend investing the hosts have continually been asking guests about (who support investing in dividend stocks) that no one has been able to explain.
AWESOME ABDIJ! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
GREAT QUESTION MATTHEW! It depends on your brokerage elections. For example, in Fidelity in my settings, I have the option to have my dividends reinvested or deposited into my cash account. I can choose for each individual security in my portfolio. IF you choose reinvestment, Fidelity will AUTOMATICALLY reinvest the dividends on my behalf. Very simple and easy. Hope that answers your question! THANK YOU for watching Matthew and for leaving your $0.02 in the comments! 😎👍🏻
Although I am new I STRONGLY ECHO ANY REQUESTS for you to share your portfolio spreadsheet link. I could really use this informative spreadsheet template. Thanks so much! Sam
HI SAM! I provide the dividend stock spreadsheet updated every month to my Patreon community and it includes my dividend portfolio and the list of all dividend stocks that have raised their dividend for at least 5 consecutive years. THANK YOU for watching Samuel and for leaving your $0.02 in the comments! 😎👍🏻
Sorry for the confusion Adam. The $78K was a holdover amount from my ACTUAL Portfolio whereas the assumptions in this video were that we were starting from $0.00. Sorry about that! THANK YOU for watching and leaving a comment! =)
HI AKINA! You are welcome to send me an email to averagejoeonmoney@gmail.com. Please no though that I am not licensed to provide financial advice so I couldn’t really give advice specific to your situation. That being said, my financial planning firm is in the process of launching in the next two months and I would love to have a comprehensive discussion with you at that time if you feel it would be a great fit. Here is the link to stay updated on the launch of my firm: www.one11sandbox.com/avgjoe/
If I do this pie with M1 financie with 200$ to start and 50$ every Monday, do they charge any fee for Maintenance ??, and is it a good Idea for a beginner like me ??
GREAT QUESTION LUIS! M1 Finance does not charge any costs for maintenance and is a GREAT PLATFORM! Whether investing in a dividend stock portfolio is a good idea or not depends on your unique situation. I cannot really provide specific guidance to your situation though in approx. 2 months I will be licensed with my financial planning firm to provide financial advice. THANK YOU for watching Luis and for leaving your $0.02 in the comments! 😎👍🏻
AWESOME! Thank you so much for joining the Average Joe Investor community! I would say that comparing ARK ETF's to Dividend Stocks is Apples to Oranges. Additionally, it's tough to compare a long-term investment like dividend stocks with ETF's that are so new. I do plan on covering ARK ETF's in more detail soon. =) Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
What do you think about Consumer Discretionary Stocks? After 2020 market crash, they have recovered faster than S&P 500 and continue to outperform the market in 2021 so far.
I think they are an important component of any dividend portfolio. Every portfolio needs Consumer Discretionary along with the other sectors of the economy. In my own portfolio I have Genuine Parts (GPC) and McDonalds (MCD) from this sector of the economy. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Really appreciate all your hard work putting this together, and I love seeing all the data played out like this. The only flaw I see in this analysis is that you have the power of hindsight on the stocks in your portfolio. So what I mean is, all of your 19 dividend stocks have a known history of performing well and increasing dividends, so you're using current knowledge of stocks that are have all been stable solid companies for the last decade. Versus the price history of an ETF, which have most likely had to cycle in and out winners and losers as those companies change and develop. So basically, your portfolio has a marked advantage over the price history of the ETFs. Still, I really enjoyed this video and I hope you keep it up!
THANK YOU for that feedback! I don't pretend to know EVERYTHING about investing and always welcome feedback on my content. =) I agree that from a price history standpoint, I have the benefit of hindsight but I can honestly tell you I didn't pick a single stock in my portfolio based on any type of price history. When I pick stocks I have specific dividend criteria I look at. I actually look forward to expanding on this topic in my next Friday video. =) Hope that helps and maybe we can continue this dialogue after I post my dividend criteria in one of next week's videos. =) THANK YOU for watching siaosanna and for leaving your $0.02 in the comments! 😎👍🏻
Long story short, their Dividend Growth Rate (DGR) is just too low and I prefer to own dividend stocks that have a solid yield but ALSO can grow their dividend by an amount exceeding the long-term inflation rate. Hope that helps! THANK YOU for watching Leroy and for leaving your $0.02 in the comments! 😎👍🏻
I am so looking forward to the next video - how did you pick the companies and how do you determine the allocation percentage in the portfolio. Also do you rebalance and when? Keep it up!
HI ANA! Thanks for weighing in with a question! CSWC is a BDC or Business Development Company that focuses on lending money to small and mid size companies. Their dividend yield currently is 7.33% and they had a pretty significant dividend cut in 2020 but have bounced back somewhat. I don't stack up on BDC's because I like to have balance in my portfolio so I much prefer ARCC which I won in my current portfolio. Hope that helps! THANK YOU for watching Ana and for leaving your $0.02 in the comments! 😎👍🏻
GREAT QUESTION RON! I did not account for taxes in my model, but not because of oversight but just because it’s very difficult to model that with all the variables. I have an upcoming video where I talk about dividends and taxes, but even though taxes will have an impact it would not have changed the results. Hope that helps! Thank you for watching and leaving your two cents in the comments! 👍🏻😎
AWESOME PHILLIP! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
IF your metrics to choose stocks TODAY include past performance (growth) - as it should - , it is pretty obvious that you are going to beat every ETF retrospectively. The thing is to know IF your metrics TODAY are sufficient to identify FUTURE performance. Your real test will be done in the end of the next 10 years (at the end of 2031)
GREAT POINT LEONARDO. I do think that the metrics i use are sufficient but I will not KNOW until 2031 or "The Future" is known. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
subscribed. Looks like SCHD has a good outcome for a investor idiot like me to pile 50 grand into and let it rollover and do your method as a side hustle with a moderate amount. I am cash heavy and over 50 and I can see a path to passive income faster under this method with less downside risk. Maybe LOL
HI BRYAN! I Agree SCHD performed the best! =) I couldn't make a formal recommendation of course since I am not licensed to do so AND I do not know ALL of the details of your financial situation. That being said, one of the things I LOVE about dividend stock investing is how passive it is. I have to invest very little time to manage my portfolio of 20 dividend stocks. IF you held just the SCHD dividend ETF, you would hardly need to invest any time at all. THANK YOU for watching Bryan and for leaving your $0.02 in the comments! 😎👍🏻
Having a good methodology for picking quality dividend stocks is everything, or else Ben Felix's video about the futility of chasing dividends will be proven correct.
I AGREE THOMAS -- if the methodology is flawed then at some point you will lose. THANK YOU for watching Thomas and for leaving your $0.02 in the comments! 😎👍🏻
Bro did you see “in the money “ new video called why dividends kind of sucks?! Shots have been fired We need a response video!!Defend our honor and investment strategy 😂
SHOTS FIRED INDEED -- I am going to try and get a REACTION video out soon!! =) THANK YOU for watching John and for leaving your $0.02 in the comments! 😎👍🏻
AWESOME ANTHONY! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
AWESOME BHUMIK! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
AWESOME! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
AWESOME MIRIAM! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
Maybe a tutorial on setting up the excel sheet you have there for our own dividend stocks?
That is a GREAT IDEA - It's on the list of video topics. =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
If you invest 1000.00 into your allocation, does Fidelity process the buys into each position by your set weight or do you have to do that on your own?
I’m in my early 20’s and I believe this video changed my perspective towards investment in fact it added diversification towards my $ goals.
Thank you and you’ve earned another subscriber.
Hi Joe, definitely make a video on why you pick those particular stocks. A couple of those stocks i looked at and some seemed suspect. Im interested in quality stocks that pay good dividends. Thank you for your troubles, as I said before, your research saves me time and it is very much appreciated!!
GREAT TO HEAR! I am always open to feedback and if you have specific concerns about elements of my portfolio I'd LOVE to hear them so I can vet them and even include those concerns in my coming video!
@@AverageJoeInvestor I use a site called Wallstreetzen. Now i'm new to investing so perhaps I may be taking the info from this site too seriously. Anyway I looked up a couple stocks from your portfolio on wallstreetzen and according to their site they may not be good stocks. Let me know what you think, Thanks Joe!
Can you please make a video explaining your choices for your dividend stock? And the criteria you use in picking stocks in general. Please and thank you.
You have nice easy and simple explanations. Thanks for helping me as I ‘m new to investing and Im 60 so I need to be smart. I already owned GPC which is doing amazing.
Congratulations! Nothing better than impirical data to show the results.
Would like to see if we just buy the portfolio and reinvest dividends. No monthly contributions. A static view of the performance of the portfolio. Let's start with $10,000 or $20,000.
I like that idea and its on the list! =) THANK YOU for leaving your $0.02 in the comments Alberto!
I liked and subscribed great video! Thanks for all the info!
AWESOME DAVID! Thank you so much for joining the Average Joe Investor community! I appreciate that feedback! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
SUBSCRIBED!! I have been binge watching your videos all day and my wife and I are OBSESSED!!! The FIRE community speaks highly of indexed funds, such as VTSAX, VYM, etc., but your M1 portfolio only shows a list of 19 dividend stocks? I'm curious if you have a fully diversified portfolio (including stocks (US, developing, emerging) , ETF's, bonds, etc.), and if so, would you be willing to share your allocation? (Sorry in advance if this has been covered and I haven't gotten to that video yet). Love what you're doing!
Wait. I found the answer in your "My Fidelity Roth IRA EXPOSED" video. It seems that you hold indexed funds in your retirement accounts, and hold these 19 stocks in your regular brokerage accounts. Super simple, fantastic!
Glad you found the answer. I actually show my portfolio via an M1 FInance pie available as a link in all of my videos as well as discussing it in more detail in the Patreon community. THANK YOU for watching David and for leaving your $0.02 in the comments! 😎👍🏻
Thanks for the detailed video. Very educational and entertaining.
Glad you enjoyed it! THANK YOU for watching redbyron10 and for leaving your $0.02 in the comments! 😎👍🏻
Yes, I would love to know how you pick those stocks.
AWESOME FANG! Yes, coming out next Friday! =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
@@AverageJoeInvestor Thank you! Could you make videos on how to invest to prepare for retirement. From my reading, bond is still volatile. Are dividend stocks better since they can generate income?
Very interesting. I have only invested into index funds & etfs. I've been thinking about dedicating 3 to 5% of my portfolio to individual stocks. I haven't made up my mind yet but your portfolio is encouraging. Thanks.
THANK YOU for that feedback! Just because I choose to own QUALITY individual dividend stocks does not mean YOU or ANYBODY has to do so as well to be successful. =) Investing is a long game whether you choose dividend stocks, dividend ETF's or index funds. GOOD LUCK and please continue to engage and ask questions! =)
Wow great video yes teach to how to choose it! Question where is it better to create your own etf, vanguard, m1, webull?
HI DEBORA! I personally have my Dividend Portfolio with Fidelity. I was with Robinhood but wanted more support options in the event of any issues. I don't have any experience with WeBull but I do like M1 Finance. =) Hope that helps! THANK YOU for watching Debora and for leaving your $0.02 in the comments! 😎👍🏻
Thank you for the video! I am more interested in how you decided to weigh these securities in your portfolio, rather than just the choosing of quality dividend yielding companies. Would you be willing to do a video or series on the different ways to weigh a portfolio and the outcomes thereof?
GREAT QUESTION PETAR!I am actually doing something similar to what you are asking on Friday of this week BUT I will expand on it in a future video. GREAT SUGGESTION! THANK YOU for watching Petar and for leaving your $0.02 in the comments! 😎👍🏻
I dont mean to be offtopic but does any of you know a method to log back into an instagram account??
I was dumb lost my password. I appreciate any tricks you can give me!
@Ryan Willie Instablaster ;)
@Princeton Merrick I really appreciate your reply. I found the site thru google and I'm waiting for the hacking stuff now.
Looks like it's gonna take quite some time so I will reply here later when my account password hopefully is recovered.
@Princeton Merrick It did the trick and I actually got access to my account again. I'm so happy:D
Thanks so much you saved my account!
First, your videos are awesome and I have subscribed.
You may have answered this question in the video, but I missed it.
In your portfolio, do you have the dividends set to simply re-invest with the company that issued them? Or do you have them all roll into a core holding and then re-invest them according to your M1 Pie weighting?
Also, do you rebalance your dividend portfolio or simply let it change "organically" over time? I was thinking a rebalance every so often would more or less accomplish the task of fixing the dividends to the pie weighting, but include the growth of the stocks as well.
GREAT QUESTION! Yes, in my Fidelity brokerage account I have it currently set to reinvest all dividends back into the same dividend stock. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Yet another great question and answer! Thanks
Hi Joe can you put the Quality Dividend Stocks Portfolio into M1 finance and share the link to the portfolio? Note this doesn't share your account just the stocks and weights then someone can easily invest into the setup. Thank you
GREAT IDEA! I will definitely look into doing that! THANK YOU for watching Je P and for leaving your $0.02 in the comments! 😎👍🏻
What is your opinion on NUSI paying over 7% monthly?
GREAT QUESTION ROBERT! I am going to cover Buy/Write ETF's AKA ETF's that utilize options to generate income here in the next 1-2 weeks! Be on the lookout for that video! =) THANK YOU for watching Robert and for leaving your $0.02 in the comments! 😎👍🏻
Subscribed: I saw all your Fidelity playlist, so where do you have you ROTH IRA, Fidelity or M1 for dividends?
GREAT QUESTION DARWIN! I used to have my Roth IRA with M1 Finance but I brought it over to Fidelity where I also have my Dividend Portfolio in a brokerage account. there are people in my audience who have M1 Finance which is why I have the sharable investing pie link in my description. I hope that answers your question Darwin. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Love your channel and like your other videos, I found this very interesting and informative (lots of hard work-thank you). Would you care to comment on volatility/risk of your portfolio vs and ETF? Specifically, I would like to hear your thoughts about the impact of one of your 19 stocks tanking badly compared to one of the 102 stocks in the SCHD ETF tanking badly (any etf). I guess what I am saying is from a statistical point of view, your portfolio is more vulnerable and a single stock behaving poorly could cause you a decent amount of pain.
GREAT QUESTION DAVE! I am always open to feedback on my investing strategy. I think you are spot on that a Dividend ETF is less risky. That being said, IF I get more value (i.e. Dividends/Dividend Growth) out of individual stocks AND I am willing to monitor my portfolio more than I would need to with a dividend ETF or index funds, then I am willing to take a little more risk. Additionally, I don't care at all about my stock prices UNLESS they are indicative of long-term fundamental changes in the business. IF my stock price dips, it doesn't matter to me. IN FACT, it will lead to additional shares at lower prices when I reinvest my dividends. Hope that helps and I am always willing to continue the conversation moving forward. =) THANK YOU for watching Dave and for leaving your $0.02 in the comments! 😎👍🏻
Great question and great reply! Thanks
Subscribed!!
AWESOME MELISSA! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
@@AverageJoeInvestor Good evening, do you cover Crypto currency?
Looking very forward for that next video! and THANK YOU for this one.
You bet Bill! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Joe,
Thanks for your reply regarding MFC as I really appreciate it. Regarding VLO, I have less invested in it then you do. I will let my investment stand and just not purchase anymore. Once again thank you and take care!
You're welcome Doug. THANK YOU for being a faithful subscriber! =)
Commenting for the algorithm. Really appreciate the detail and level of effort put into these videos. Great work!
Much appreciated! THANK YOU for that feedback! =)
Wish I had this advice 20 years ago!
I subscribed, I am new to stocks investing , would like to start small perhaps from HSA account balance in fidelity , can you please recommend any of your favorite dividend or growth portfolios
AWESOME! Thank you so much for joining the Average Joe Investor community! I am not able to necessarily make a specific recommendation, but here are some things to consider: Are you trying to keep it simple and set it and forget it? IF YES< something like the S*P 500 and Total Stock Market might be an EXCELLENT fit. Are you trying to maximize cash flow RIGHT NOW? Something like QYLD, NUSI, SCHD and quality individual dividend stocks might be a GREAT FIT. I hope that helps point you in the right direction. Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
Newer investor here. Say you are putting $200 a week into your portfolio, are you spreading that out across all 19 every week, or how do you allocate your funds with so many possibilities? I heard you say you don't do this in your own portfolio. How do you determine where your money goes? Do you have a video on this yet? Thanks... Love the channel !
GREAT QUESTION and I do NOT have a video on this yet but I will cover it in my video next Friday about dissecting my portfolio. =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Subscribed. What do you think about FNILX?
AWESOME JUEWELLE! Thank you so much for joining the Average Joe Investor community! The Fidelity ZERO Large Cap Index Fund FNILX is a great index fund for long-term investors that mimics the S&P 500 with no expense ratios. Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
Keep up the good work Joe 💪
Appreciate it Phil! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Qyld and ryld thoughts? Been in my portfolio for almost a year... I like them. ;)
Covered Call ETF's are an interesting topic to cover as they provide cash flow from the NASDAQ and Russell 2000 but at the same time limit growth based on the metrics/strategy of the ETF. A topic worth covering in the near future! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
After reading / listening to the Bogelhead's philosphy as a new investor, here I am thinking that you "can't beat the market". Thanks for this new perspective.
HI SAMMY! =) I just want to clarify here that my goal is not necessarily to BEAT THE MARKET but to generate cash flow that will continue to increase over time. the fact that I have a higher balance potentially vs. investing in the S&P 500 or a different index fund is just gravy. =) EVEN IF I have a lower balance than an index fund investment doesn't change my investing philosophy. Hope that makes sense. THANK YOU for watching Sammy and for leaving your $0.02 in the comments! 😎👍🏻
Hi I'm subscribed, I would like to know about investment prioritization, Roth Ira vs investing directly on ETF's, should I maximize my roth IRA before I invest on ETFs?
GREAT QUESTION! It definitely depends on your goals! Are you looking to retire early and live off of this income? Perhaps you love your job and just want to save a lot for retirement. You can also own ETFs in your retirement account. So to invest in a retirement account versus a brokerage account will depend a lot on when you need the money and what your goals are. Hope that helps! THANK YOU FOR WATCHING AND FOR LEAVING YOUR $0.02 IN THE COMMENTS! 👍🏻😎
@@AverageJoeInvestor thank you, can you make a video about investment prioritization? I would like to retire in my mid 50's if possible, but I just started a roth ira in december and I'm in my mid 30s.
Great video!
Glad you enjoyed it! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Interesting challenge. Great video ty.
Glad you enjoyed it Al! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
I subscribed!! whoooop!
AWESOME JOSE! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
This is the video I was looking for :) Great stuff! 🚀🙏
Very cool indeed
Nice video! Just curious, when comparing your portfolio to ETFs do you reinvest the ETF's dividend too?
GREAT QUESTION! Yes I do. I assume reinvesting dividends to ensure an apples-2-apples comparison. =) THANK YOU for watching rangwood and for leaving your $0.02 in the comments! 😎👍🏻
@@AverageJoeInvestor Well thank you for the reply! Liked and subscribed!
Hi Joe,
Looking forward to your detailed explanation of the 19 dividend stocks in your portfolio next week. Please tell me why you sold Manulife Financial (MFC)? Thank you and the best of luck to you in becoming a Registered Investment Advisor. You will be GREAT at it as you are the best! Take care and God bless.
Honestly Doug, I think it may have been oversight. I actually plan on buying it back AND I am strongly considering selling Valero (VLO) due to their Q4 results and negative FCF that is persisting. More on that soon!
@@AverageJoeInvestor Thank you Joe!
I subscribed liked and learned!
AWESOME AUGUSTINE! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
Hi I’m subscribed
AWESOME PATRICK! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
Could you give me an alternative for the 2 L.P. in your portfolio? EMN or AEP? Thanks
HI AIDA! EMN is an OK play but their dividend yield is only 2.42%. AEP has negative free cash flow. Given this information I cannot recommend either dividend stock nor do I own them myself. I would need to do additional research before giving any additional recommendations. THANK YOU for watching Aida and for leaving your $0.02 in the comments! 😎👍🏻
Great vid !
THANK YOU for that feedback Francisco! I really appreciate it! =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Can you show your portfolio's 10 yr historic performance with a $10,000 initial investment, reinvesting dividends but with no other reinvestment so we can compare to other investment's performance during that time?
GREAT IDEA STEVEN! I've added that to the video ideas list! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
I just found your channel! I love it! I’m interested in dividend ETFs and dividend stocks. Idk if you could maybe make shorter videos? I find that I have to stop in the middle of the video to do something. Thanks
THANK YOU for that feedback! I actually THINK when I am filming that the videos are closer to 10 minutes and then they END UP being CRAZY LONG. So Sorry! I will try to work on that! THANK YOU for watching Jay and for leaving your $0.02 in the comments! 😎👍🏻
@@AverageJoeInvestor I appreciate you cover investments in detail, and pass on your knowledge. I don't mind hearing you for longer. You started me on Fidelity investing. Thank you!
Excellent video - straightforward and makes sense. I know the portfolio is only part of your overall investing strategy. Do you also have any separate growth portfolio?
HI ALAN! Yes, I also have a growth portfolio in my Roth IRA and my 401k has a large cap growth fund with the small cap as well. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
How do you decide when/if to sell a stock from your portfolio? What do you do with the money from a sale?
GREAT QUESTION DREW! If a stock breaks through my investing criteria then I sell it. Sometimes it can be difficult to sell but I see it as BETTER to avoid the dividend cut then hold out due to my pride. I am covering my dividend criteria COMPREHENSIVELY in my video this coming Friday so stay tuned! =) THANK YOU for watching Drew and for leaving your $0.02 in the comments! 😎👍🏻
I subscribed!
AWESOME PJ! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
谢谢，thank you.
THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
I would like to know why and how you pick your stock's
THANK YOU for your question Bryan! I am COMPREHENSIVELY covering this topic this coming Friday (03-05-2021). STAY TUNED! THANK YOU for watching Bryan and for leaving your $0.02 in the comments! 😎👍🏻
Ok... I Subscribed!
AWESOME GEOFFREY! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
You need to go on the Choose FI podcast. This is the “why” on dividend investing the hosts have continually been asking guests about (who support investing in dividend stocks) that no one has been able to explain.
HAHA, well if they ever invite me I would totally come on the podcast! Maybe then I will have MADE IT! =P
I SUBSCRIBED
AWESOME ABDIJ! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
I’m new to investing does the dividends automatically get reinvested into the stocks, or do you have to add them to the stocks. How does it work?
GREAT QUESTION MATTHEW! It depends on your brokerage elections. For example, in Fidelity in my settings, I have the option to have my dividends reinvested or deposited into my cash account. I can choose for each individual security in my portfolio. IF you choose reinvestment, Fidelity will AUTOMATICALLY reinvest the dividends on my behalf. Very simple and easy. Hope that answers your question! THANK YOU for watching Matthew and for leaving your $0.02 in the comments! 😎👍🏻
Although I am new I STRONGLY ECHO ANY REQUESTS for you to share your portfolio spreadsheet link. I could really use this informative spreadsheet template. Thanks so much! Sam
HI SAM! I provide the dividend stock spreadsheet updated every month to my Patreon community and it includes my dividend portfolio and the list of all dividend stocks that have raised their dividend for at least 5 consecutive years. THANK YOU for watching Samuel and for leaving your $0.02 in the comments! 😎👍🏻
Great video even 1 year later!
Well done young Man! 👍
THANK YOU for that feedback Andy and for leaving your $0.02 in the comments! 👍🏻😎
good job.
Thanks Tom! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
On the way to the next video
THANK YOU so much for that feedback! I really appreciate it. =) THANK YOU for watching and for leaving your $0.02 in the comments!
I am missing something. Are you not counting growth? I show that 78k with a growth rate of 7% without dividends would be 158k in 10 years.
Sorry for the confusion Adam. The $78K was a holdover amount from my ACTUAL Portfolio whereas the assumptions in this video were that we were starting from $0.00. Sorry about that! THANK YOU for watching and leaving a comment! =)
How can I email or talk to u privately?
HI AKINA! You are welcome to send me an email to averagejoeonmoney@gmail.com. Please no though that I am not licensed to provide financial advice so I couldn’t really give advice specific to your situation. That being said, my financial planning firm is in the process of launching in the next two months and I would love to have a comprehensive discussion with you at that time if you feel it would be a great fit. Here is the link to stay updated on the launch of my firm: www.one11sandbox.com/avgjoe/
Ok thank you I appreciate the transparency, sending an email now.
If I do this pie with M1 financie with 200$ to start and 50$ every Monday, do they charge any fee for Maintenance ??, and is it a good Idea for a beginner like me ??
GREAT QUESTION LUIS! M1 Finance does not charge any costs for maintenance and is a GREAT PLATFORM! Whether investing in a dividend stock portfolio is a good idea or not depends on your unique situation. I cannot really provide specific guidance to your situation though in approx. 2 months I will be licensed with my financial planning firm to provide financial advice. THANK YOU for watching Luis and for leaving your $0.02 in the comments! 😎👍🏻
How about when you compare your portfolio to the ARK ETFs?
Subscribe!!!
AWESOME! Thank you so much for joining the Average Joe Investor community! I would say that comparing ARK ETF's to Dividend Stocks is Apples to Oranges. Additionally, it's tough to compare a long-term investment like dividend stocks with ETF's that are so new. I do plan on covering ARK ETF's in more detail soon. =) Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
0.75% expense ratio for the one ark fund I looked at. No thanks. Hard pass. Gimmick band wagon rolling thru
What do you think about Consumer Discretionary Stocks? After 2020 market crash, they have recovered faster than S&P 500 and continue to outperform the market in 2021 so far.
I think they are an important component of any dividend portfolio. Every portfolio needs Consumer Discretionary along with the other sectors of the economy. In my own portfolio I have Genuine Parts (GPC) and McDonalds (MCD) from this sector of the economy. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Well done sir
THANK YOU for that feedback DeWayne! I appreciate it!
Really appreciate all your hard work putting this together, and I love seeing all the data played out like this. The only flaw I see in this analysis is that you have the power of hindsight on the stocks in your portfolio. So what I mean is, all of your 19 dividend stocks have a known history of performing well and increasing dividends, so you're using current knowledge of stocks that are have all been stable solid companies for the last decade. Versus the price history of an ETF, which have most likely had to cycle in and out winners and losers as those companies change and develop. So basically, your portfolio has a marked advantage over the price history of the ETFs. Still, I really enjoyed this video and I hope you keep it up!
THANK YOU for that feedback! I don't pretend to know EVERYTHING about investing and always welcome feedback on my content. =) I agree that from a price history standpoint, I have the benefit of hindsight but I can honestly tell you I didn't pick a single stock in my portfolio based on any type of price history. When I pick stocks I have specific dividend criteria I look at. I actually look forward to expanding on this topic in my next Friday video. =) Hope that helps and maybe we can continue this dialogue after I post my dividend criteria in one of next week's videos. =) THANK YOU for watching siaosanna and for leaving your $0.02 in the comments! 😎👍🏻
No ATT? I wonder why???
Long story short, their Dividend Growth Rate (DGR) is just too low and I prefer to own dividend stocks that have a solid yield but ALSO can grow their dividend by an amount exceeding the long-term inflation rate. Hope that helps! THANK YOU for watching Leroy and for leaving your $0.02 in the comments! 😎👍🏻
Lol hey man thanks for replying lol I’m gone subscribe now... I wasn’t expecting an answer
I am so looking forward to the next video - how did you pick the companies and how do you determine the allocation percentage in the portfolio. Also do you rebalance and when? Keep it up!
Good questions! I will cover it ALL in the next video! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Thumbs up joe.
THANK YOU for that feedback -- I appreciate it! =)
Thank you for your analysis. What do you think about CSWC
, Capital Southwest?
HI ANA! Thanks for weighing in with a question! CSWC is a BDC or Business Development Company that focuses on lending money to small and mid size companies. Their dividend yield currently is 7.33% and they had a pretty significant dividend cut in 2020 but have bounced back somewhat. I don't stack up on BDC's because I like to have balance in my portfolio so I much prefer ARCC which I won in my current portfolio. Hope that helps! THANK YOU for watching Ana and for leaving your $0.02 in the comments! 😎👍🏻
what are the dividend ETF's here you compared with?
Did you account for the impact of taxes on the dividends each year?
Might be in his Roth IRA since dividends are considered taxable income
GREAT QUESTION RON! I did not account for taxes in my model, but not because of oversight but just because it’s very difficult to model that with all the variables. I have an upcoming video where I talk about dividends and taxes, but even though taxes will have an impact it would not have changed the results. Hope that helps! Thank you for watching and leaving your two cents in the comments! 👍🏻😎
I subscribed
AWESOME PHILLIP! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
Can you do video on the best mlps to invest in.
IF your metrics to choose stocks TODAY include past performance (growth) - as it should - , it is pretty obvious that you are going to beat every ETF retrospectively. The thing is to know IF your metrics TODAY are sufficient to identify FUTURE performance. Your real test will be done in the end of the next 10 years (at the end of 2031)
GREAT POINT LEONARDO. I do think that the metrics i use are sufficient but I will not KNOW until 2031 or "The Future" is known. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
subscribed. Looks like SCHD has a good outcome for a investor idiot like me to pile 50 grand into and let it rollover and do your method as a side hustle with a moderate amount. I am cash heavy and over 50 and I can see a path to passive income faster under this method with less downside risk. Maybe LOL
HI BRYAN! I Agree SCHD performed the best! =) I couldn't make a formal recommendation of course since I am not licensed to do so AND I do not know ALL of the details of your financial situation. That being said, one of the things I LOVE about dividend stock investing is how passive it is. I have to invest very little time to manage my portfolio of 20 dividend stocks. IF you held just the SCHD dividend ETF, you would hardly need to invest any time at all. THANK YOU for watching Bryan and for leaving your $0.02 in the comments! 😎👍🏻
@@AverageJoeInvestor Thanks I agree I think that is one of the best ETF's keep the vid's coming for use average Joe and Gals
Beautiful analysis, i am learning alot🙌🏿, thankyou
You are so welcome! THANK YOU for that feedback! THANK YOU for watching
and for leaving your $0.02 in the comments! 😎👍🏻
Average Joe showing his Quality. Cheers 🥃🥃🥃
HAHA, THANK YOU for that feedback Javier! I really appreciate it! =)
2nd...nice shirt btw
Thanks! 😁 THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
That baby yoda is so cute perfect for my baby yoda toy for my nephew.
HAHA! THANK YOU for watching May Santos and for leaving your $0.02 in the comments! 😎👍🏻
Having a good methodology for picking quality dividend stocks is everything, or else Ben Felix's video about the futility of chasing dividends will be proven correct.
I AGREE THOMAS -- if the methodology is flawed then at some point you will lose. THANK YOU for watching Thomas and for leaving your $0.02 in the comments! 😎👍🏻
THANK YOU for watching and for leaving your $0.02 in the comments! =)
THANK YOU for watching and for leaving your $0.02 in the comments! =)
Why don't u open etoro account so we can copy your trades and positions ?
Also u will get paid by etoro
Bro did you see “in the money “ new video called why dividends kind of sucks?! Shots have been fired We need a response video!!Defend our honor and investment strategy 😂
SHOTS FIRED INDEED -- I am going to try and get a REACTION video out soon!! =) THANK YOU for watching John and for leaving your $0.02 in the comments! 😎👍🏻
My ginger ass subscribed.
1st
AWESOME! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
I liked and subscribed great video! Thanks for all the info!
AWESOME ANTHONY! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
I subscribed!!!!
AWESOME BHUMIK! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
I subscribed
AWESOME! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!
I subscribed
AWESOME MIRIAM! Thank you so much for joining the Average Joe Investor community! Please let me know going forward what investing topics you want to learn more about as well as any feedback/questions you have!