hey how's it going it's Andy I'm in a new setup and hopefully it looks better than before so let
me know if there's something that I should change or if you think it looks pretty good since I have
been moving this past week I wanted to keep it simple for the first video in this new setup let's
talk about my dividend portfolio this is exactly everything I own I'm not going to hide anything
and I want to talk about the thought process behind it how I pick these stocks and how it's
performed in the past year and how I expect it to perform in the next 12 months this is something
that is relatively new to me for the first like three-ish years that I was involved in the stock
market I was focused on growth stocks this was the time back before the pandemic where it was
all about growth you're looking towards the future you're looking for these tech stocks that have
crazy valuations based off of the the fundamentals of the company but that's how the market was and
since we've seen the switch since we've seen the change in market conditions we've been
looking for value and dividend stocks have been my favorite place to play the market in the past year
so throughout my portfolio size up on the screen right now so you don't have to don't have to click
through the video to see what the numbers are uh currently this picture's a week old so it's
up to 5500 but for this picture that I took was 5 321.94 with a two year change of plus
2600 this is just all the money I've added uh the two-year change doesn't really work very well but
when I show the the one year value uh the graph I think it's really important to show this was done
over a long period of time this isn't something where I am putting in a thousand dollars at a
time and it goes it chugs along for a little bit then I pump a bunch of money into it and then it
keeps going along it's a whole idea that I've been consistently adding for the entire year and we'll
talk about how many times it added to my portfolio in the past year the number was actually a lot
more than I thought it was going to be so when I'm looking for my dividend stocks I'm not looking for
the highest yield out there yield is a place that you can fall into a trap dividend traps are stocks
that are attractive because of their dividend yield but they may not be sustainable based off
of the the yield that it gives it may be too high and the company may not actually be able to pay it
out on a regular basis so that puts you into a a difficult spot where the company is either going
to have to cut its dividend and if the dividend yield is so high and they cut it likely that's
one of the main reasons why people are investing in that company and if that dividend gets cut it's
usually a huge sell signal because the company needs to cut back on what they're doing and the
stock usually sells off pretty aggressively so we want to avoid that at all costs so in the
perfect scenario I'm looking for a stock that pays between a two and a three and a half maybe four
percent yield you can find safe dividend stocks that are above that between four and six percent
I do have a stock in my portfolio that at one point was yielding a 12 annual yield we'll talk
about that in a little bit which is qyld this is a very specific case where I thought it was
okay and it's a very small portion of my portfolio relative to everything else that I own there are
stocks in here that pay a very small dividend my largest performing or I guess my largest position
is Microsoft currently which is not exactly where I'd want it to be but part of it was that
I transferred over some shares from a previous portfolio and as a result it was just a large
portion so it's it's 14.1 percent of my portfolio I'd like that to be a lot smaller but because
of how the other stocks in this portfolio have performed I actually do want to add to it because
I want to lower my average cost it's down 17 which is you know not great but it's idea that I'm able
to buy additional shares or fractional shares at a discount and I would love to do that I just would
love some of my other portfolio my other positions to kind of catch up in value before I started
doing that so when you look at the percent of the account value it goes Microsoft PepsiCo ABV next
Air energy realty income Apple Nike and then you get to the point where you're four percent uh and
then you go to the ETFs I have QQQ which is the NASDAQ index at 15.9 percent which I guess is my
largest position and then qyld which is the NASDAQ covered call ETF it's the whole idea that they buy
shares of QQQ so covered calls at the money uh or at the current price and as a result the premiums
get paid out to you in a monthly dividend it's fantastic I love it but it's the idea that these
Share value is not really going to appreciate in value it's only going to really go down but
I am reinvesting those dividends back into the portfolio so those are the stocks that I own right
now nothing is speculative in nature that's the whole point of these dividend portfolios is that
I'm not betting on anything speculative I have a PayPal position that is point four percent I kind
of bought it as a oh that's kind of interesting it is down 31 but it's so small my portfolio I don't
really care now let's talk about how much money I've made in the past 12 months when it comes
to dividends Dividends are very exciting but when you have a relatively small portfolio it's really
not going to be paying out as much as you might hope so in the past 12 months I guess my next 12
months I will be paid 135 dollars based off of the uh positions that I own right now with an average
monthly investment income of 11.27 not something that you're going to get super excited about but
it's the whole idea of being able to invest more and more money on a regular basis we talked about
how I was continually adding my portfolio and I wasn't really worried about how small or how
large the deposit was going to be it was all about making sure that I was doing it consistently to
buy the dips and dollar cost average into the stocks that I actually loved as well as 135
dollars isn't super exciting if I gave you 135 bucks that's not life-changing money but it's
a chunk of change when you're talking about five thousand dollars this is something that's going to
be reinvested back into the portfolio and I have it set up with drip or dividend reinvestment plan
so that I don't have to actually physically go in and buy these shares just a couple days after
the dividends get paid out they're automatically bought back into my portfolio and I don't have to
worry about it at all this is 135 that I wasn't going to be have invested in the portfolio going
right back into the stocks that I absolutely love that's kind of a problem that I see with growth
stocks is that yeah you have to consistently add to it but if you don't uh it just kind of sits
there and there's a portfolio where you can let it sit and do its thing for years and years and
it's going to continually add if the stock price goes down you're lowering your average cost and
if it continues to go up which is the kind of the history of a lot of these stocks you're just
adding your portfolio size overall and that's why I absolutely love the whole concept of dividend
investing so when I talked about how many times I've put in money in the past year I was pretty uh
sure it was going to be around 50. I had it set up where I have weekly deposits but the total number
of deposits that I made in 2022 was 83. so I have weekly deposits set up uh it's around 75 bucks
a week and then anytime I see the market go down significantly or if I'm working overtime at my job
whatever money is left over I add in the portfolio and that's how I went from 52 up to 83.
and I want to show this as a very normal portfolio for someone at my age I'm not 26 and I don't make
that much money in 2022 I made 38 000 at 496 dollars and I paid 8 759 in tax so this is a
pretty low income uh this is a portfolio that I think is realistic for most people yeah 5000 is
a pretty good amount of money uh percentage-wise when it comes to how much money I've made uh but
overall I think this is very realistic this isn't something where I'm making you know 200
000 and I'm trying to preach that you need to save somehow 50 of your portfolio or
your uh income it's something where I just set aside money every week I don't think about it
and one of the great ways that I've done this is I have a credit card set up with Charles
Schwab Charles Schwab is the bank that I use for my credit card which is also linked to my
dividend portfolio so it gets 1.5 cash back on every purchase that I use and here is just some
of the transactions that I've gotten over the past year of cash back rewards uh sixteen dollars five
dollars seven dollars eight dollars five nine six and the list goes on the whole idea is it
goes along with the dividend plan of this is just money that is getting re-added or reinvested back
into the portfolio with having to take money out of my uh bank account and put it in there it's
just automatically going into it without me having to think about it so the way that I first saw this
was oh it's going to add some additional money I have it set up with a different credit card
for uh gas and online purchases which are three and two percent cash back but I love the fact
that it gets automatically added back in the portfolio and I don't have to think about it
the decision of having to sit down and go oh yeah I actually do want this in the portfolio
can hinder a lot of people and can be one of the main reasons why people don't add as much money
their portfolio as they could because it takes that decision and the decision fatigue it's a lot
easier to sit back and go hey I'm not going to do that and actually make sure that you're going in
and depositing money every month so that's one of the best things I've done is setting up the
automatic weekly deposits is going to be weekly this can be monthly just making sure that's on a
regular basis I think is super important and then having a cash back rewards that goes straight
back into it yes you can probably find a higher percentage yield from other cards but the fact
that it goes right into the portfolio I don't have any options of using it for other things that's
good stuff so yeah that is my portfolio reveal for what I've got going on I think as of right
now it's probably up to fifty five hundred dollars or fifty six hundred dollars but the whole idea is
that it's down only six percent in the past year compared to the overall Market it's down twenty
percent is the idea of dollar cost averaging that I've been able to buy shares of my favorite stocks
at a discount which is not something that you'll be able to do if you just um threw all of your
money in at the beginning of the year and you've just kind of been sitting and you're gonna add
more money in the future dollar cost averaging I think is the most reliable way for normal people
to build income and portfolios like this and that's kind of what I'm doing and I'm talking
about why I love doing it and I'm showing that I'm doing it as well so let me know what you thought
about my portfolio and let me know what dividend stocks uh you are buying at this point let me know
what your outlook is for the overall market for the next year I think it's relatively flat and I
think Dividends are a great way to take advantage of that my name is Andy let me know what stocks
uh you'd like me to talk about in future videos if you made it this far please hit that like And
subscribe button try to get to 100 and not hundred thousand ten thousand subscribers and other videos
will be popping up on the screen right now thanks for watching I will see you in the next video