IMPORTANT ANNOUNCEMENTS: Thanks for watching! Please don't forget to "like" and "subscribe". Please let me know in the comments below what you think about my latest portfolio update. BLOSSOM SOCIAL: I'm on Blossom Social, a social media platform for dividend investors co-founded by RUclipsr Brandon Beavis: blossomsocialapp.page.link/PPCIan (Disclosure: This is my affiliate link, and I'm compensated for Blossom Social sign-ups.) HELPFUL RESOURCES: Here's my video about increasing my Realty Income (O) position by 50% on 10/20/23: ruclips.net/video/Xt6JcW6kgXk/видео.htmlsi=aPrUVQLklIQnyaxp Here's my video about increasing my Altria (MO) position so much that my portfolio-wide income surged 11.8%: ruclips.net/video/Omn0RBY7qlA/видео.htmlsi=KmCuo8xve1FxCm7h Here's my recent video about my huge British American (BTI) purchases that increased my portfolio-wide income by 7.64%: ruclips.net/video/Ob_UtYZ-i88/видео.htmlsi=ZAmKYAcrSCgZ3s0y Here's my video about Pfizer (PFE) from January. I added some, and plan to buy more! ruclips.net/video/14gYatqe0m0/видео.htmlsi=mpMCFt98u3n2e3pw Here's my recent video analysis of covered call ETF DIVO: ruclips.net/video/9JEseS-O1Wo/видео.htmlsi=IbTNcELAoRhttOmq Here's my recent video about SCHD, my favorite dividend stock ETF: ruclips.net/video/Y1mwrLaLPb4/видео.htmlsi=SGaGyR1IXJoGocYk Here's my video interview of Greg (@ thedividendmonster on Instagram). Greg retired with an Income Factory-inspired approach: ruclips.net/video/x7oOnanKwCE/видео.htmlsi=mkepEJbJcZB2S1ZV Here's my video book review of The Income Factory by Steven Bavaria: ruclips.net/video/WYajJdZXAGM/видео.htmlsi=2SeTVXN_puOX00Qu 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 INSTAGRAM: I'm sharing some great content over on Instagram. Check out my Instagram stories and reels. I'm @ianlopuch: instagram.com/ianlopuch/ PPC IAN EMAIL LIST: Join my email list today for helpful updates, and a look at some of my historical dividend stock portfolios: www.ppcian.com/my-complete-dividend-stock-portfolio/ PPC IAN TWITTER: I'm always sharing fun updates on Twitter. Here's my dividend investing Twitter (I'm @ianlopuch): twitter.com/ianlopuch COOL DIVIDEND INVESTING MERCH: I offer some really amazing dividend investing merch: teeshirts, hoodies, mugs, and more! The designs are super stylish and on-point for the dividend stock investing community. Each purchase supports my 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 O, MO, BTI, PFE, and SCHO. I'm an affiliate of Blossom Social, I'm compensated for account sign-ups. Please see video description for all disclosures and disclaimers.)
Why Divo? JEPQ has a higher yield, better capital appreciation and a lower expense ratio. Plus it gives you that tech exposure you mentioned. To top it off it's run by JP Morgan and it's sister fund is JEPI.
Thanks Ian, watching the video immediately! I am up more than 100% on ABBV since you convinced me in buying it back in the end of 2018.. You're the GOAT
Thanks for watching and thanks for your incredibly kind words. ABBV truly is a highlight within the portfolio. Wishing you all the greatest. (Disc: I'm long ABBV)
watching this today and hearing you say "what stock market crash?" was funny. When there is blood in the water, that's when you buy! hope you picked up some stocks on sale today my friend!
I bought a chunk of KRP today.Bought one srreet of MAIN.I think it will go down more and give me some discount opportunities in MAIN in the future.Happy investing/stacking
I'm long MO myself, NJOY has been sky rocking via consumables and devices recently. Also with the FDA approval of the new NJOY device 2.0 as well as a select few of new consumables, I am very bullish on the company. It is certainly a new generation and the new era of smoking has been shifting towards the E Cigarette sector with massive volume from NJOY's earning. As well as ON! Plus catching traction overseas in Sweden and Switzerland. Altria plans to hit home runs in the long term leading up to 2028 and so on. I enjoy what I invest in and I am certainly always around for earning within all my holding in my portfolio. I always appreciate the content here, Cheers!
My personal investing style I do not buy brick and motor retail companies.However I go to Thailand each year to visit wifes family.Starbucks is going well in Asia so you might be on to somerhing.Thanks for your channel.I am a "The Income Factory" devotee.Happy investing/stacking.
I have BTI and MO, both larger positions. I did skim a few shares off MO when it went over $50 and closed my O position to take advantage of the discounted share price of BMY. PFE is one I've looked at off and on over the last few years, perhaps time to look again, though I'm more inclined to build the BMY position to be able to sell covered calls on it and still have my base "forever" position at a much lower cost once some get called away. I have a solid long stake in ABBV, too. It was the first dividend stock I bought in 2020. Beginner's luck! I'll buy more BTI at $33ish; replenish MO below $44, also watching BMY, KEY. Actively added to ABR, ARCC, and CWSC and keeping them on my watch list, too. They are high yield investments with taxable dividends. Happy investing and sometimes trading! Thanks for sharing your knowledge and perspective.
I'm so focused on SCHD right now! I hope to buy some tomorrow, and I'm hoping it's down at least a little with everyone predicting a sell-off. (Disc: I'm long SCHD)
Love the vids. I've been buying a lot of SBUX and O this past quarter. I am very pleased with those buys and have no plans on selling. I'll happily buy more if the stock price falls further. I've got a 30-year time horizon. I'm waiting for KO to go down. I'm currently looking at Cisco and Phizer, waiting to see if I want to start a position in those companies.
ian watching this delayed now on 16 August so congrats on owning SBUX guess you are reaping the benefits with the new CEO on board. I agree with rodrain2 below asking why not invest in JEPQ? I have 160 shares and growing and plan to continue reaping the monthly dividends. I am taking the monthly dividends and investing in DCA of more shares of SCHD..thoughts? Thanks
I started a position in BITO. I love the crypto dividend play, variable dividend, great volatility. 250 shares so far and counting. I like FOF too, maybe I will start a position there too! When the market corrects, I get juiced!
Looks like S&P 500 ended down 3% today and the Nasdaq down 3.4%. I'm down 2% today. Including new money I'm now down 2.6% since my all time high on 16 July. It's been a long time since the S&P was down over 30% (2007-2009) and even longer since it was down over 50% (2000-2002). We'll see what happens now! 🍿
Dont bti have a negative pe. Losing money for company i would imagine unless misread or error. If not i will look again and increase my position. Already buying altria. Altria also make wine. Heard phillip Morris were in other stuff also.
Would it make sense to sell a tranche of Abbvie since it has had a lot of capital appreciation and redeploy into BTI putting the long term capital gains of abbvie to work?
Me i would spend about 1000.00 per item etf or single sometimes mix things around buy multiple stock. Now fill things just spend upto and over nvidia about 1200.00. Now i will try to get 1000.00 into altria little over 700 today. When thats 1000.00 go to schd fill that with 1000.00.
You should give info about absolute numbers of your portfolio. That will make it more interesting. Actual return vs if someone invested purely in S&P 500. that's the part that anyone would want to know. For most of the people all this is less profitable compared to investing in S&P 500 index fund instead of individual stocks, that's why you should share absolute numbers in your portfolio, including the trades that have not done so well.
I have said it many times about SBUX. You should never fall in love with a stock. SBUX is in an industry that is too easily reproduced by other players. Coffee is still coffee and everyone sells it. SBUX was fashionable and like every fashion at some point people move on to something else. For MCD its the same. Here in Europe the quality and quantity are down but not the price which is becoming stratospheric. The good days of these companies are behind us. At best I see their stock price stagnating for a long time. I don't know how it is for MCD in the USA but when I compare what you received in 2019 for €20 (2 burgers, 2 fries, two cokes, two nice bowls of salad) and today in 2024 for €28 (2 small Burgers that shrank in the wash...😊, 1 salad in a cardboard box where you can count the leaves, 2 fries and two glasses of water) in a room sparsely populated with consumers I no longer see a rosy future for this company.
No one needs sbux. The best company stock investment of all time is Home Depot, a 1000 dollar investment at 1981 IPO just sitting there with nothing ever added at a 27% annual rate of return would now be worth over over 20 million dollars, no tech, nothing innovative just basic stuff people need.
This comment didn’t age well 😂… SBUX is a banger when you swoop it with a 25-30% margin of safety. All it needed was a catalyst… new CEO was plenty to send it back toward its fair value.
@@theropemonster The excitement of the new CEO will last for a while and then SBUX will return to his quote before the announcement because nothing will have changed. It's always a bad sign when a company suddenly changes the CEO. This is a sign that business is going very badly.
@@SuperInsuranceman Bed bath and beyond got a new ceo how did it turn out? People are afraid to be seen in public at sbux paying 6 dollars for something that costs 9 cents and the ones that hide and stay in the car drive up well they will get fat with laziness so either way you lose with sbux. The only one who wins is the 113 million dollar salary of the new ceo so even he is bad he still got a good pay package.
@@SuperInsuranceman it’s not a bad sign if the new CEO is a much better fit for the company. I think the concerns with foot traffic being down are overblown as well. But time will tell. Long SBUX
My portfolio is defensive in nature, so I predict it to weather any recession quite well. I plan to reinvest my dividends as much as possible. And, funds permitting, I hope to deploy net new funds. I do not plan to sell any positions at this time. Wishing you all the best!
Oh, Ian.....3% DYoC.....that's mutual fund muni bond territory on a whatever day you want it to be. In the 5 years I've been doing this for my Mom (she's now 95) I've gotten her investment income up to 5.23% and we're getting ready to jump it to 5.6% this week in a move. The last half of the year I won't look at a position if it's less than 4.5% and anything in the 3% range is on the chopping block. Let me help you start to move the needle. Take a 3% or less stock and sell it, hopefully at a profit, but a loss if necessary. Look at ETD and take your newfound cash and put it in that. Do this before 8/13 so you not only get the 6-ish% dividend, but also the $0.40 special cash dividend they're distributing. 4.5% or better is not impossible, but you have to find the right tree in the forest. Disclaimer: I am a individual investor with no financial affiliation. I don't own or manage ETD holdings currently. Do your own evaluation before purchasing.
Sure do! I love my UVV, and will never sell it. Wishing you all the greatest, my friend. Thanks for your longtime support here. (Disc: I'm long O and UVV)
Great Job Ian, I am looking to mitigate risk on the reent high valuations. I am also looking to diversify my holdings. I am looking at a small cap in the Netherlands called Acomo that is in the spice and nut/edible seed market. I could use a "commodity company, also a defensive food one. Also a small cap position I could learn from as most of my individual picks are large bluechips. Plus it gives dividends with management heavily invested themselves. I am currently half way through their annual report as I have a "new" rule for myself in individual stock picks to slug through the annual report. So far I am liking it for fitting into my portfolio. The other pick I am considering is a beer company from Brazil that is basically owned by BUD. AMBEV but I haven't started reading that one yet.
IMPORTANT ANNOUNCEMENTS:
Thanks for watching! Please don't forget to "like" and "subscribe". Please let me know in the comments below what you think about my latest portfolio update.
BLOSSOM SOCIAL:
I'm on Blossom Social, a social media platform for dividend investors co-founded by RUclipsr Brandon Beavis: blossomsocialapp.page.link/PPCIan
(Disclosure: This is my affiliate link, and I'm compensated for Blossom Social sign-ups.)
HELPFUL RESOURCES:
Here's my video about increasing my Realty Income (O) position by 50% on 10/20/23: ruclips.net/video/Xt6JcW6kgXk/видео.htmlsi=aPrUVQLklIQnyaxp
Here's my video about increasing my Altria (MO) position so much that my portfolio-wide income surged 11.8%: ruclips.net/video/Omn0RBY7qlA/видео.htmlsi=KmCuo8xve1FxCm7h
Here's my recent video about my huge British American (BTI) purchases that increased my portfolio-wide income by 7.64%: ruclips.net/video/Ob_UtYZ-i88/видео.htmlsi=ZAmKYAcrSCgZ3s0y
Here's my video about Pfizer (PFE) from January. I added some, and plan to buy more! ruclips.net/video/14gYatqe0m0/видео.htmlsi=mpMCFt98u3n2e3pw
Here's my recent video analysis of covered call ETF DIVO: ruclips.net/video/9JEseS-O1Wo/видео.htmlsi=IbTNcELAoRhttOmq
Here's my recent video about SCHD, my favorite dividend stock ETF: ruclips.net/video/Y1mwrLaLPb4/видео.htmlsi=SGaGyR1IXJoGocYk
Here's my video interview of Greg (@ thedividendmonster on Instagram). Greg retired with an Income Factory-inspired approach: ruclips.net/video/x7oOnanKwCE/видео.htmlsi=mkepEJbJcZB2S1ZV
Here's my video book review of The Income Factory by Steven Bavaria: ruclips.net/video/WYajJdZXAGM/видео.htmlsi=2SeTVXN_puOX00Qu
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 INSTAGRAM:
I'm sharing some great content over on Instagram. Check out my Instagram stories and reels. I'm @ianlopuch: instagram.com/ianlopuch/
PPC IAN EMAIL LIST:
Join my email list today for helpful updates, and a look at some of my historical dividend stock portfolios: www.ppcian.com/my-complete-dividend-stock-portfolio/
PPC IAN TWITTER:
I'm always sharing fun updates on Twitter.
Here's my dividend investing Twitter (I'm @ianlopuch): twitter.com/ianlopuch
COOL DIVIDEND INVESTING MERCH:
I offer some really amazing dividend investing merch: teeshirts, hoodies, mugs, and more! The designs are super stylish and on-point for the dividend stock investing community. Each purchase supports my 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 O, MO, BTI, PFE, and SCHO. I'm an affiliate of Blossom Social, I'm compensated for account sign-ups. Please see video description for all disclosures and disclaimers.)
Why Divo? JEPQ has a higher yield, better capital appreciation and a lower expense ratio. Plus it gives you that tech exposure you mentioned. To top it off it's run by JP Morgan and it's sister fund is JEPI.
Thanks Ian, watching the video immediately! I am up more than 100% on ABBV since you convinced me in buying it back in the end of 2018.. You're the GOAT
Thanks for watching and thanks for your incredibly kind words. ABBV truly is a highlight within the portfolio. Wishing you all the greatest. (Disc: I'm long ABBV)
I love SCHD for long term
I run to RUclips as soon as I see an alert 🏃🏿♂️💨
Thank you so much, my friend!!! That really means the world. Wishing you a great evening.
watching this today and hearing you say "what stock market crash?" was funny. When there is blood in the water, that's when you buy! hope you picked up some stocks on sale today my friend!
Thank you for the new dividend video Ian! 🚀📈
Thanks for your kind words and longtime support, Kevin! I appreciate it!
Ian, watching from Infia, sharing with my parents who are in their late 70's regarding PPCIAN videos, they love your videos too!!!😊
I bought a chunk of KRP today.Bought one srreet of MAIN.I think it will go down more and give me some discount opportunities in MAIN in the future.Happy investing/stacking
I'm long MO myself, NJOY has been sky rocking via consumables and devices recently. Also with the FDA approval of the new NJOY device 2.0 as well as a select few of new consumables, I am very bullish on the company. It is certainly a new generation and the new era of smoking has been shifting towards the E Cigarette sector with massive volume from NJOY's earning. As well as ON! Plus catching traction overseas in Sweden and Switzerland. Altria plans to hit home runs in the long term leading up to 2028 and so on. I enjoy what I invest in and I am certainly always around for earning within all my holding in my portfolio. I always appreciate the content here, Cheers!
Fabulous insights! Thanks so much for sharing! Wishing you all the greatest. (Disc: I’m long MO)
My personal investing style I do not buy brick and motor retail companies.However I go to Thailand each year to visit wifes family.Starbucks is going well in Asia so you might be on to somerhing.Thanks for your channel.I am a "The Income Factory" devotee.Happy investing/stacking.
I have BTI and MO, both larger positions. I did skim a few shares off MO when it went over $50 and closed my O position to take advantage of the discounted share price of BMY.
PFE is one I've looked at off and on over the last few years, perhaps time to look again, though I'm more inclined to build the BMY position to be able to sell covered calls on it and still have my base "forever" position at a much lower cost once some get called away. I have a solid long stake in ABBV, too. It was the first dividend stock I bought in 2020. Beginner's luck!
I'll buy more BTI at $33ish; replenish MO below $44, also watching BMY, KEY. Actively added to ABR, ARCC, and CWSC and keeping them on my watch list, too. They are high yield investments with taxable dividends.
Happy investing and sometimes trading! Thanks for sharing your knowledge and perspective.
Well done , Ian.
SCHD/DRGO= simple path to wealth
I'm so focused on SCHD right now! I hope to buy some tomorrow, and I'm hoping it's down at least a little with everyone predicting a sell-off. (Disc: I'm long SCHD)
Thank you very much.
Love the vids. I've been buying a lot of SBUX and O this past quarter. I am very pleased with those buys and have no plans on selling. I'll happily buy more if the stock price falls further. I've got a 30-year time horizon. I'm waiting for KO to go down. I'm currently looking at Cisco and Phizer, waiting to see if I want to start a position in those companies.
Lots of people running away now here in the uk. So ive been buying too 😊
Great video
ian watching this delayed now on 16 August so congrats on owning SBUX guess you are reaping the benefits with the new CEO on board. I agree with rodrain2 below asking why not invest in JEPQ? I have 160 shares and growing and plan to continue reaping the monthly dividends. I am taking the monthly dividends and investing in DCA of more shares of SCHD..thoughts? Thanks
I am 100% BIL etf
In future when rates drops alot
34% SPYI / 33% AGG/ 33% BIL etf
Great video 😊
Many thanks! Really appreciate it!
I started a position in BITO. I love the crypto dividend play, variable dividend, great volatility. 250 shares so far and counting. I like FOF too, maybe I will start a position there too! When the market corrects, I get juiced!
Mr. Ian, you rock 💓!!
i did the same thing with O it is now my 3rd largest
Look at LYB for industrial exposiure with a high yield.
Thanks for sharing! Will take a look!
Thank you 👍👍👍
Is there a Canadian etf equivalent to SCHD?
Going to buy more schd. Is on my list also
Looks like S&P 500 ended down 3% today and the Nasdaq down 3.4%. I'm down 2% today. Including new money I'm now down 2.6% since my all time high on 16 July.
It's been a long time since the S&P was down over 30% (2007-2009) and even longer since it was down over 50% (2000-2002). We'll see what happens now! 🍿
Dont bti have a negative pe. Losing money for company i would imagine unless misread or error. If not i will look again and increase my position. Already buying altria. Altria also make wine. Heard phillip Morris were in other stuff also.
Would it make sense to sell a tranche of Abbvie since it has had a lot of capital appreciation and redeploy into BTI putting the long term capital gains of abbvie to work?
I’m loving FDVV instead of SCHD take a look
Dividend growth is pretty weak for FDVV compared to SCHD
Huge crash coming, this will bring great opportunities.
Thanks for your great content.
Buy some reits etf that some high end tax rate unless mistaken.
Me i would spend about 1000.00 per item etf or single sometimes mix things around buy multiple stock. Now fill things just spend upto and over nvidia about 1200.00. Now i will try to get 1000.00 into altria little over 700 today. When thats 1000.00 go to schd fill that with 1000.00.
You should give info about absolute numbers of your portfolio. That will make it more interesting. Actual return vs if someone invested purely in S&P 500. that's the part that anyone would want to know.
For most of the people all this is less profitable compared to investing in S&P 500 index fund instead of individual stocks, that's why you should share absolute numbers in your portfolio, including the trades that have not done so well.
You could buy more mo heard they may make 90.00 usd within a year.
I have said it many times about SBUX. You should never fall in love with a stock. SBUX is in an industry that is too easily reproduced by other players. Coffee is still coffee and everyone sells it. SBUX was fashionable and like every fashion at some point people move on to something else.
For MCD its the same. Here in Europe the quality and quantity are down but not the price which is becoming stratospheric.
The good days of these companies are behind us.
At best I see their stock price stagnating for a long time.
I don't know how it is for MCD in the USA but when I compare what you received in 2019 for €20 (2 burgers, 2 fries, two cokes, two nice bowls of salad) and today in 2024 for €28 (2 small Burgers that shrank in the wash...😊, 1 salad in a cardboard box where you can count the leaves, 2 fries and two glasses of water) in a room sparsely populated with consumers I no longer see a rosy future for this company.
No one needs sbux. The best company stock investment of all time is Home Depot, a 1000 dollar investment at 1981 IPO just sitting there with nothing ever added at a 27% annual rate of return would now be worth over over 20 million dollars, no tech, nothing innovative just basic stuff people need.
This comment didn’t age well 😂… SBUX is a banger when you swoop it with a 25-30% margin of safety. All it needed was a catalyst… new CEO was plenty to send it back toward its fair value.
@@theropemonster The excitement of the new CEO will last for a while and then SBUX will return to his quote before the announcement because nothing will have changed. It's always a bad sign when a company suddenly changes the CEO. This is a sign that business is going very badly.
@@SuperInsuranceman Bed bath and beyond got a new ceo how did it turn out? People are afraid to be seen in public at sbux paying 6 dollars for something that costs 9 cents and the ones that hide and stay in the car drive up well they will get fat with laziness so either way you lose with sbux. The only one who wins is the 113 million dollar salary of the new ceo so even he is bad he still got a good pay package.
@@SuperInsuranceman it’s not a bad sign if the new CEO is a much better fit for the company. I think the concerns with foot traffic being down are overblown as well. But time will tell. Long SBUX
Are you planning to liquidate part of your portfolio in order to reinvest it during the upcoming recession?
My portfolio is defensive in nature, so I predict it to weather any recession quite well. I plan to reinvest my dividends as much as possible. And, funds permitting, I hope to deploy net new funds. I do not plan to sell any positions at this time. Wishing you all the best!
BHP OYE OYE BHP OYE 🎉🎉🎉
Oh, Ian.....3% DYoC.....that's mutual fund muni bond territory on a whatever day you want it to be. In the 5 years I've been doing this for my Mom (she's now 95) I've gotten her investment income up to 5.23% and we're getting ready to jump it to 5.6% this week in a move. The last half of the year I won't look at a position if it's less than 4.5% and anything in the 3% range is on the chopping block. Let me help you start to move the needle. Take a 3% or less stock and sell it, hopefully at a profit, but a loss if necessary. Look at ETD and take your newfound cash and put it in that. Do this before 8/13 so you not only get the 6-ish% dividend, but also the $0.40 special cash dividend they're distributing. 4.5% or better is not impossible, but you have to find the right tree in the forest. Disclaimer: I am a individual investor with no financial affiliation. I don't own or manage ETD holdings currently. Do your own evaluation before purchasing.
Do you still have uvv good call on o I'm long both uvv and o
Sure do! I love my UVV, and will never sell it. Wishing you all the greatest, my friend. Thanks for your longtime support here. (Disc: I'm long O and UVV)
FOF distributions are mostly ROCs lol
Great Job Ian, I am looking to mitigate risk on the reent high valuations. I am also looking to diversify my holdings. I am looking at a small cap in the Netherlands called Acomo that is in the spice and nut/edible seed market. I could use a "commodity company, also a defensive food one. Also a small cap position I could learn from as most of my individual picks are large bluechips. Plus it gives dividends with management heavily invested themselves. I am currently half way through their annual report as I have a "new" rule for myself in individual stock picks to slug through the annual report. So far I am liking it for fitting into my portfolio. The other pick I am considering is a beer company from Brazil that is basically owned by BUD. AMBEV but I haven't started reading that one yet.