Top 10 Dividend Stock Investing Tips I Live By

These are the 10 dividend stock investing tips that I personally live by these days. As a dividend stock investor, these 10 tips help me immensely in reaching my financial freedom goals.
#dividend #stock #investing

Timestamps:
0:00 Introduction
1:33 I'm excited to use my 3M Post-It notes for today's video. MMM continues to be one of my favorite dividend stocks.
2:09 DIVIDEND TIP 1: I Focus On Dividend Income (NOT Aggregate Portfolio Value)
2:33 I measure my success as a dividend investor based on my stream of dividend income.
2:52 2022 is the year that underscores the importance of dividend income (vs. share price).
3:32 DIVIDEND TIP 2: I Reinvest Dividends As Long As Humanely Possible
3:43 Check out the pinned comment for my PPC Ian Dividend Investing Patreon.
4:50 KEY THOUGHT: I like to own stocks where I feel comfortable reinvesting (back into the stock that paid the dividend) at any price. This tells me I own the right stocks!
6:24 Dividend reinvestment fuels huge yield-on-cost (the dividend snowball).
6:50 DIVIDEND TIP 3: I Try To Focus (Almost Exclusively) On Core Stocks
7:15 I AM HEAVILY-WEIGHTED ON MY TOP CORE STOCKS: My top 10 stocks make up 49.6% of my portfolio, my top 20 dividend stocks make up 75.3%. JNJ is 8.5% of my portfolio.
8:05 It's easy to get distracted and buy too many positions!
9:09 DIVIDEND TIP 4: I Target Low Starting Yields With High Dividend Growth Rates
9:47 Dividend investing is not only about covering living expenses, but it's about adding a layer of stability in my life.
10:30 If I just wait enough years (reinvest my dividends enough years), I will get a high yield on cost.
11:13 DIVIDEND TIP 5: I Ignore The News (and Use The News Cycle To My Advantage)
12:45 Unions at Starbucks were all the talk about 1 month ago. Now, the news cycle has shifted.
13:35 DIVIDEND TIP 6: I Use Dividends To Get Through Difficult Times In Life
14:14 I use dividends to get back on track. I can control my dividend portfolio.
16:00 I look at the dividend strategy as a small business that can't fail, that almost anyone can build, but it just takes time.
16:27 DIVIDEND TIP 7: I Use My Investing Mistakes As Fuel (Learning Lessons)
16:33 There are no shortcuts!
16:54 Even Warren Buffet made some mistakes in recent years. (Kraft-Heinz and airline stocks.)
17:50 Because of mistakes, I'm so focused on core dividend stocks right now.
18:21 DIVIDEND TIP 8: I Try To Avoid Selling At All Costs
19:22 It takes decades for dividend investing to really work. It's important to hold on and avoid selling stocks!
20:15 Dividend stocks require nothing from me. Almost everything else requires maintenance!
20:41 DIVIDEND TIP 9: Keep The Faith
20:55 Dividend stock investing takes decades. It can feel like it's taking too long.
21:32 DIVIDEND TIP 10: Avoid Buying Stuff That Requires Maintenance
22:30 Dividend-based FIRE is the ultimate luxury in life.
22:59 DISCLOSURE AND DISCLAIMER

Here's my last video about alarming trends that affect dividend stock investors: https://youtu.be/YHjLr5A0MFw

Here's my video about how dividend stock investing can literally change someone's life: https://youtu.be/ulNP-dYV1Ww

DISCLOSURE: I am long 3M (MMM), Johnson & Johnson (JNJ), Starbucks (SBUX), Caterpillar (CAT), Hawaiian Electric. (HE), and PepsiCo (PEP). I own these stocks in my personal dividend stock portfolio. I am also long Treasury Bonds and I 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.

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