in today's video I'm gonna go over some of my favorite dividend stocks on m1
finance and also I'm gonna give you a quick tutorial on how to use the m1
finance website I'll also be showing you how to set up your portfolio and how to
create extra pies within a pie so you can get your portfolio to the exact way
that you want it like how I have mine right now watch until the end of the
video to find out how to do that and I'll give you a special tip at the
end what's up guys welcome back to the channel
my name is Bruce Wang I do a lot of Robin Hood Investment challenge of
videos but today I'm gonna do a mm1 finance video and show you exactly how I
have my m1 finance portfolio set up and I'll show you guys exactly how to do it
as well I used to use the m1 finance app on my phone a lot but now I kind of
switched over towards the website because I just found out is a lot easier
to move around your stocks and whenever you need to adjust anything using the
website is a lot easier and a lot better if you guys want to check out any videos
about m1 finance on the app check out my older videos in today's video is just
gonna be straight and what Finance on the website so let's jump right into the
screen share this is the Wang gang portfolio on m1 finance total value at
the moment is six hundred ninety three dollars and fifty four cents when it
comes to this portfolio I'll be showing you exactly how it's doing week by week
I make about like 1m one finance video a week at the at my current rate so I'll
be showing you on my down days and on my updates and currently currently I'm down
$3.59 and dividends earned is 72 cents so all that is gonna be reinvested into
other stocks my current portfolio has about fourteen slices in it and I'll go
through a lot of them and explain why I have them that way but basically I
wanted to get exposure into every piece of the stock market so that's why I
decided to have my portfolio this way and when it comes to the website it's
just a lot easier to read all of the portfolio's activities holdings and
funding when it comes to your entire account just because you have so much
more space to work with on the on the mobile app it's just so tight and the
screens are so small so it's so hard and it's really
difficult to read some of the information there when it comes to the
activities on my portfolio I don't really change it too often but I did
rebalance it many times since I started this account just because I didn't like
how my portfolio was but I put a lot of time into it this week and last week and
I kind of have my portfolio set and I think that this is how I'm gonna roll
the with the portfolio from now on so the last time that I rebalanced it was
just a few days ago and if we look at the trades here you can see that I did
26 buys and here are all of the new companies that are in my portfolio I'm
just gonna scroll through this really quickly it's not that important right
now but if you take a look here I do have a lot of index funds so I'll count
I'll kind of explain that later on in the video and here are the 35 companies
that I sold off and I'll give you a reason why I sold off all these
companies as well a lot of these companies I still own it's just that I
sold a portion of it off and that's what it means to rebalance your account and
if you are rebalancing your account you can see all the trades here on m1
finance you have fractional shares so they will be trading a fraction of
whatever your new slice of pie is when it comes to rebalancing your account I
don't think that you should be rebalancing your account too often
because I think when I did my trades here I lost some money on the rebalance
and I realized that when I do every time I rebalance my account I do lose a
little bit of money this is small chump change it's not that it's not that much
it's a lot better for me to rebalance then to keep my old portfolio which I
don't think was that good and if you guys want to see the exact portfolio
that I have I'll have link in the description and everything is gonna be
in the links in description all the all the good information is it all gonna be
down there and here are my whole things just really quickly again you can see
that I have a lot of index funds and that is because a lot of the sectors
that I'm in I don't have that much knowledge in them and that's why I
decided to buy a lot of Vanguard index funds for certain sections in my in my
portfolio if you guys are just beginning your on your m1 Finance don't get caught
up in the jargon if you don't understand some of the stuff that I'm saying you
guys can pause the video go look the words and then come back to it but I
will try to explain it better the more we go into these into this account
moving on to the main theme of this video I'm gonna help you guys create and
customize your own pies to have it the exact way that you want it and mainly
you want to go into this research tab here and after you get into this
research tab move on into the my pie sections and as you can see here these
at the top here you can see the word unused and this is my Robin Hood
portfolio so I created a Robin Hood portfolio on my m1 finance just so I can
track my Robin Hood portfolio on m1 finance whenever I need to and what's
good about this is that it gives me my dividend yield if you look at my cursor
here where a highlighted dividend yield on the Robin Hood app it doesn't give
you this information you have to kind of eyeball it yourself and calculate it on
your own that is time consuming if you don't
really know what you're doing but on the m1 finance after you set it up and after
you set it up one time it will just give you the exact amount here and you can
see the expense ratio and you can see exactly how many holdings you have so
it's a lot better from a bird's eye view and that's why I decided to just have
this here and I kind of update this once a week or once a month and these are my
exact holdings and the exact targets that I have for each and every single
one of my holdings a 6.7% dividend yield is very high and somewhat risk risky so
just be aware of that don't don't try to chase the dividend yield chasing a stock
for dividend yields only is gonna be really risky because there are a lot of
blue chip stocks out there that are a lot less and dividend yield and a lot
safer and a lot less risky so again you kind of have to know how where your risk
tolerance is for myself all I want to deal with my portfolio is I just want to
have this create some passive income for me I just want to put money in and have
the dividends build up over time so later on in the future it will be paying
for some of my bills paying for some of my living expense and that is the main
main goal for my channel and main goal for
my investment portfolio so how do you create your own pies here we go
all you have to do is click on create your own pies and and at the top here
you can see it'll say stocks funds my pies expert pies and your watch list so
what I did was if we take a look down here I created one pie for each and
every single sector so let's take a look at how to read some of these stocks here
the first stock here is Microsoft and it's arranged through the market cap
value and Microsoft is deep and Microsoft is the biggest company in the
world at the moment dividend yield is one point four six percent and you can
see some price history that's the one year this is a three year this is the
five year and and in and the p/e ratio is 28 and I believe that these dots here
represent the risk of the stock when it comes to the p/e ratio so the more blue
bar be so the more blue dots that it has the higher the p/e ratio will be so
let's take a look at another company with a lower p/e ratio to see how it is
so this is so this is AT&T and if we look at the p/e ratio you can see that
there's only two dots out of three so the lower the p/e ratio the less dose
there are be AT&T I also have this stock in my portfolio so let's say if I'm a
complete beginner and I wanted to create a dividend investing portfolio as a
complete beginner I would start with index funds and I would probably start
with H PhD this company I am heavily invested in in my Robin Hood account I
think I have over a thousand two hundred dollars invested in this account over
there and let's say I want to add this to the basket and I would add it
and here we go so this is a brand new pie that I just created and let's say I
want to edit this pie I could just create the different name dividend
investing monthly dividends and you want and let's say I want to add more
dividend investing stocks again another great company is a Realty income I can
also add that to the basket and here is the one of the best parts of finding out
a lot of stock information or just filtering out all of these stocks
because there are price thousands of stocks here that you can choose from if
we look at the filters here you can see you can filter it out by market
capitalization p/e ratio or dividend yield
so let's this is what I did I put a 3% dividend yield and max I didn't really
test out the max but if we put 3 percent dividend yields and it is still arranged
by market cap this is Exxon Mobil Corporation a dividend yield of four
point seven two percent I have this in my portfolio as well but it is not a
monthly dividend stock another ETF that I would invest in if I was just
beginning into dividend investing is dia also known as Spyder Dow Jones
Industrial Average here AUM stands for assets under management
and they have twenty one point five billion dollars under management expense
ratio is a little bit high but a lot lower than SP HD point seventeen percent
and the dividend yield is also two point two and that is a very respectable
dividend yield when you do invest make sure you do your own research that
that's basically what I'm trying to say here top holdings is Boeing and United
Health Group and add it to the basket you can add it
here so to wrap all this up to finish creating your own pie this is what you
want to do you want to allocate exactly how much percentage you want in each and
every single stock or ETF here and let's say if you wanted 20% in dia and you
wanted 20% in Realty income so you would obviously have to have 60% in s PhD to
make that a total of 100% and again all these three ETFs and stocks they will
provide you with monthly dividend income and once you press save you will have
your pour you will have your new pie ready and all the information will be
calculated so here is the five year performance of this pie here you can see
that in the last five years the this pie alone has gone up 32% in the last three
years gone up 21% and moving down the moving down the line in the last week
it's gone down 0.52% three holdings dividend yield is three point six four
four percent and this is a and this is a reasonable dividend yield in my opinion
so take that for what it's worth and if you go back to my pies you can see that
it is this is the pie that I just created and it is in the unused pile and
if you click add to the portfolio it would add your that new pie into your
own portfolio and then so now you know how to kind of create this style of
portfolio like that I have now so now I kind of want to show you my portfolio
and how I set the percentages so this is the Wang gang portfolio I is again it is
down 0.2 8% it's not doing too well over the last few two months just because
it's been the stock market has been very volatile so it hasn't been doing good
for me but I still have been collecting that dividends if you take a look at the
dividend yield I'm shooting for a 4% dividend yield on my part
and I think that this is a really great average for my entire portfolio so let's
say for example if I had ten thousand dollars invested in this portfolio in
one year from now this portfolio will have will have generated me four hundred
dollars but that is not included with the compounding effect of all my
dividends reinvested so if we include that it would be a lot higher so if you
wanted to if so if you had a lot of different pies in here and you wanted to
edit them all you have to do is just edit them this way click on the edit
button so currently I have this set up perfectly to the way I wanted and it is
perfectly balanced and if I wanted to change it up I can just you know this is
how it will change it up I'll just adjust it very slightly so when it comes
to my safest investment I think that the lazy 3 fun pie here is the most safest
because in this pie I have 40% of it allocated to bonds and bonds are
probably most safest things that you can invest in and B&D I think is one of the
safest ones out there Vanguard is one of the most reputable brokerages out there
and I invest a lot of time money into Vanguard index funds so total assets
under management is 37 billion expense ratio very low point zero four percent
dividend yield is two point eight and if we look here they pay out dividends very
regularly as well now the three months chart you can see that all these
dividends are almost one dividend every single month and on December they pay
like multiple dividends but it is not a lot but when you act when you do add it
all up it does it does have a compounding effect so the lazy three
front portfolio will average around 7% and that's not every single year some
years it will be up some years will be down but on average historically it has
been around 7% and the more riskier ones that I'm investing in is probably the
small dogs of the Dow and the regular dogs of the Dow this is something that's
brand new to me but I kind of want to test it out so that's why I have 10% for
these small dogs of the Dow and 5% here on
regular doesn't it Dow yeah I went over this in my last video so if you want to
check it out go into the cars here to check it out I'll link it right there
and I think you guys are probably wondering what I did with all of these
different sectors so like I said you can break out the entire stock market into
many different sectors and I wanted to be exposed into each and every single
one just so that if one sector crashes it doesn't really affect too much into
the other ones and the lowest one is utilities here I chose to go with the
Vanguard utilities and that is because of one reason and I and that reason is I
do not know anything about the utilities sector I went into the I went to the
research bar and looked into some of the companies that are there and and I have
to tell you that I don't recognize any of these companies so you don't know
what you don't know and if you don't know what to invest in I think that
going with index funds are probably the better idea and and that's why I chose
to go with Vanguard Vanguard is when it comes to each and
every sect there I think Vanguard has an index funds for every single one so they
have one full like value investing that's not one of the sector's but
Vanguard energy is one of the sector's and and I think that I'm also invested
in bed garden energy as well if you don't know anything about like
technology they have Vanguard information technology that you can
invest in if you don't know anything about real estate Vanguard has a real
estate index fund for that going down each and every sector they do have a
index funds for each and every single one so if you want to go down that route
that will probably be the safest way to do it just because there's just too many
stocks out there for me to do research on and I'm just not gonna know
everything in the stock market so when you invest in an index fund similar to
Vanguard utilities here you're investing in the whole entire sector so this one
is holding 69 different stocks and the top holdings here are next era
energy Duke Energy Corporation and when it
comes to this specific ETF it is paying out dividends every quarter as well so
for utilities I invested in that index fund so when it comes to the technology
sector I went with my own with my own picks Intel HP all these companies are
blue chip stocks the ones with higher dividend yields I kind of weighted my
target towards the ones with higher dividend yields when it comes to like
Apple and Microsoft I'm not sure how much bigger that these companies can
grow since they already are the biggest companies in the entire market so that's
why I chose to go with a lower target here and higher in a higher target with
the companies that pay out a higher dividend yield so Intel is paying out a
2.8 percent dividend yield and there's a blue chip stock and industrials is gonna
be the last slice of the pie that I'm gonna go over when it comes to this
slice I have five holdings dividend yield is three point three percent and
no expense ratio so I'm not invested into any ETF seer 3m is also a company
on dogs of the Dow and 27 percent here so this one is a bit more even UPS
Parcel Service a lot of these companies have really great dividends and waste
management their dividend yield is a lot lower and that's why I kind of weighted
it at only ten percent target so when it comes to all of these other sectors I'll
kind of go over them with you in the next video so hopefully this video
helped you find dividend stocks help you do some extra research on like ETFs and
stuff and for the main point you learned how to create different pies within a
pie so that's also known as pie ception and if you guys still want to watch more
videos about m1 finance you can go check out my last one here and if you want to
watch any videos about Robert investing go check it out here and don't forget to
Like and subscribe hit that notification so you don't miss out on any content
coming up I come out with about three videos per week and I'm kind of trying
to bump that up to four videos a week so stay tuned for more content I'll catch
you guys in the next one love you 3,000