I'm excited to share 5 dividend stock investing lessons that have transformed my investing game. I'm also excited to share my dividend investing mistakes, and how I've evolved with the times as a dividend stock investor. #dividend #stock #investing
Timestamps: 0:00 Introduction 0:38 With my 3M (MMM) Post-It Board and my notes, this is old school PPC Ian Dividend Stock Investing For Everyone! 1:26 DIVIDEND INVESTING LESSON 1: Find A Singular Strategy and Stick With It (Be Boring) 1:44 The business concept of "always be testing" does not work well with stock market investing. 2:22 KEY: I Am Building A Fortress Around My Dividend Investing Strategy 3:00 I am building a mental fortress around my quality, core stock strategy, just like the strong wall of a castle (or storage facility). 5:37 It's important to have consultants as a dividend investor, such as a licensed financial advisor or a significant other. This can keep the investor on track with the right strategy. 6:12 What is your investing process? 6:34 Recent Example: I bought Marriott Vacations Worldwide (VAC) because I got excited and impulsive during vacation. 7:44 A great mental fortress can keep the investor from buying too many positions. 8:36 STOCK CHART: Core dividend stocks are performing great! (Johnson & Johnson, PepsiCo, McDonalds) 9:37 DIVIDEND INVESTING LESSON 2: Be Open To Geo-Arbitrage 11:04 I got caught up in this idea of, "Ian, you have to make it in the Bay Area to be successful in life." 11:45 The game I created of "making it" does not matter at all! 12:55 Home Depot (HD) Test 13:34 I was COMPLETELY closed-minded to geo-arbitrage. However, I changed my mind! And, it has improved finances and happiness. 15:01 There are different phases in life. Urban centers can be great for younger investors who are looking to earn a lot of money in high-powered jobs. 16:30 DIVIDEND INVESTING LESSON 3: Don't Always Think About Money 17:10 I should not be researching new stocks on vacation. 17:49 How many times did I say "fortress"? 18:36 Investing can take away time from other things. 18:55 I've been over-deploying a bit. I need to slow down how much I'm investing. 19:16 It's ok to not deploy money for a period of time. 19:37 DIVIDEND INVESTING LESSON 4: Retirement Accounts Have Meaning For Me 20:00 My updated retirement goals. 21:36 I'm adding to retirement accounts. 21:43 I'm adding to retirement accounts so my dividend income can snowball for longer. 22:30 The pace of dividend cash flow growth slows when I'm not reinvesting. 23:20 I am using retirement accounts to delay tapping into dividends as much, so my dividend snowball can grow larger. 25:32 It's ok to adapt and change over time. 26:30 DIVIDEND INVESTING LESSON 5: Bonds Are No Longer Weak 26:59 Times have changed - bonds have great yields right now. 27:48 I see the inflection point between dividend stocks and bonds at about 6-8 years. 28:53 I look at bonds as a stop gap measure, just like retirement accounts. 31:23 DISCLOSURE AND DISCLAIMER
DISCLOSURE: I am long Starbucks (SBUX), The Home Depot (HD), Johnson & Johnson (JNJ), PepsiCo (PEP), McDonalds (MCD), Apple (AAPL), 3M (MMM), and Marriott Vacations Worldwide (VAC). I own these stocks in my personal dividend stock portfolio. I'm also long Treasury Bonds.
DISCLAIMER: All information and data on my YouTube Channel, blog, email newsletters, white papers, Excel files, and other materials is solely for informational purposes. I make no representations as to the accuracy, completeness, suitability or validity of any information. I will not be liable for any errors, omissions, losses, injuries or damages arising from its display or use. All information is provided AS IS with no warranties, and confers no rights. I will not be responsible for the accuracy of material that is linked on this site.
Because the information herein is based on my personal opinion and experience, it should not be considered professional financial investment advice or tax advice. The ideas and strategies that I provide should never be used without first assessing your own personal/financial situation, or without consulting a financial and/or tax professional. My thoughts and opinions may also change from time to time as I acquire more knowledge. These are, as discussed above, solely my thoughts and opinions. I reserve the right to delete any comments for any reason (abusive in nature, contain profanity, etc.). Your continued reading/use of my YouTube Channel, blog, email newsletters, whitepapers, Excel files, and other materials constitutes your agreement with and acceptance of this disclaimer.
COPYRIGHT: All PPC Ian videos, Excel files, guides, and other content are (c) Copyright IJL Productions LLC. PPC Ian is a registered trademark (tm) of IJL Productions LLC.
