Your Monthly Portfolio Update
Guy Flynt: February 20th, 2023
Hi everyone! To be transparent, I will give monthly of my main portfolio. If I have more time, I will give biweekly updates on my second portfolio, the “Funds For Fun” account. The main account is the Alex Dividend Growth Portfolio (ADGI). For this taxable account, I use the stock trading platform called Public (this is an affiliated link where I get a small kickback if you sign up with my referral code/link!). Public charges no fees to invest, you can choose to have your dividends to be in a reinvestment plan (DRIP) (this is very important and will likely be explained in another blog), the platform is simple and user-friendly, and you can buy fractional shares. I have enjoyed Public’s platform during this past year and will continue to use it in the future. The link above is an affiliated link sign up today and get a free slice of a popular stock between $3-300! This is my compounding machine in which I hope to reach financial independence by using dividend growth stocks to supplement my income.
Currently I am planning on investing $263 each week. This number will go back up once I am done financing my wedding!
The second portfolio is to act as a high-return savings account. For this taxable account, I use an M1 finance account (Sign up today and get $10 for free!). I will use this fund to help pay a down payment on a car or house, and any other future expenses. Instead of getting a 1-2% yield/return, I hope to get an 8-12% return.
You can check out this Googlesheets link to see which companies I invest in, which ETFs my finance invests in, my Roth 401 allocation, and my “Funds for Fun” portfolio that I am using to pay for future expenses. You can also check this website called Track Your Dividends (I am not a sponsor, but use and enjoy their product) to freely track the dividends of companies you invest in. You can create multiple portfolios, and see the future value, diversification, and next upcoming payment of your portfolio. This is the main website I use to track my annual income and the future value of my portfolio. Sign up for free and effort start to track your portfolio. This link will send you to my fiancée and I’s holdings, 401k, and Funds For Fun account to see what we invest in and dividend income.
In each update I will go over my current mindset, any buys or sells, reasons for why I bought or sold certain stocks, the future mindset of the stock market, and visual graphics of my DGI holdings.
Financial Disclaimer: I am not a Certified Financial Advisor (CFA), I am a meteorologist. The blog posts about investing are my opinions and for your entertainment purposes. They should not be considered financial advice. Investing in the stock market is risky and you can lose money. If you want to invest in the stock market, or have questions about how or where to invest, please seek a CFA.
Affiliate Link Disclaimer: Some of the links are affiliated links with Public and M1 Finance. As a member of their platform, I earn a small portion if you click the link and sign up with them. I enjoy these companies and would not recommend them to you if I did not believe in their mission and platform. Thank you!
Alex Dividend Growth Portfolio Updates
Current Mindset
The same with my growth portfolio, I will continuously buy in each week between Wednesday-Friday no matter the market conditions. I will be paying close attention to Johnson & Johnson (JNJ) as they have hit a 1-year low. For a premium company like this, you gotta take advantage of when they hit their lows!
The Buys and Sells
The Buys
Weekly buys into my portfolio! I did put in an extra $25 bucks in JNJ.
The Sells
No Sells!
Why I bought and Sold
Why Did I Buy it?
JNJ is a dividend aristocrat, and they are never cheap. Currently, JNJ is cheap according to past measures. Its PE GAPP difference from its 5-YR average is -9.9%. Also, its forward dividend yield compared to its 5-YR average is +6.35%. I will continue to buy in when I can if the price falls below $160.
Why Did I sell?
No Sells!
Future Mindset of the Stock Market
As my payments toward my wedding have begun to dwindle down, I plan to increase my weekly contributions by $20 until I get to where I am investing $1650 per month.
Future mindset-wise, I am continuing to invest each week and invest extra into stocks that have a dip. I predict that we will constantly see a volatile market. One week your portfolio can be up 5% and also down 5% the next week. The market will test your nerves. See if you are made of brick or mortar, or made up of sticks and stones.
Companies have laid off thousands, which is sad. We still have a low unemployment rate, a strong job market, and high inflation. All those parameters mean that we will likely see rate hikes from Mr. Powell. These rate hikes, and the tone of Mr. Powerll, will disrupt the stock market. As future events will upset the market and implode into short rallies or bear markets depending on people’s emotions and how they interpret the news.
Stay strong, find great companies or ETFs, invest in them regularly, and ignore the news. Do this, and it won’t take long until you are a millionaire.
Asset Allocation and Total Income
Allocation is right on track. Apple and Microsoft have taken off since the start of the year. Overall performance is good and steady!
It is so cool to see my yearly income increase with each weekly buy. Plus, multiple companies that I own have announced dividend increases! An easy way to fight against inflation. My money is working for me! One of the main reasons why I love dividend growth investing.
The following companies have announced they will raise their quarterly dividend in 2023. Air Products and Chemicals (APD) will raise its dividend in 2023 by 8.02%. Comcast Corporation (CMCSA) will raise its dividend by 7.41%. Coca-Cola (KO) will raise its dividend by 4.55%. NextEra Energy (NEE) will raise its dividend by 10%. PepsiCo (PEP) will raise its dividend by 10%. Waste Management (WM) will raise its dividend by 7.7%
