Today I’m giving an update on some of the investment purchases I have made over the past two weeks. These could be the best stocks to invest in 2020. I mention further developments on a potential emergency OPEC meeting that may happen this week. l explain how this impacted the oil price by over 20% in one day. Talk about an Oil Price Collapse!!!
More on why we have been in this oil price war since late 2014, and what companies I would buy in this continued oil recessed market. Hint: DON’T BUY HIGHLY LEVERAGED COMPANIES. I talk about if I will buy more energy stocks, and share my investing, dividends and passive income towards the very end of the video.
For those of you who are new to the channel I generally talk about the dividend income I received in February 2020 from my dividend investing portfolio. This income comes from M1 Finance, fidelity investments, fundrise and cardone capital. At the moment, the dividend investing portfolio has just under $400,000 a multitude of dividend paying positions, and pays approximately $14,300 in dividend income. The entire portfolio is a good diversification into other stocks and financial institutions. 2019 pulled in just under $9000 in dividend income and over $10,600 in passive income if you include YouTube Income. Investing has picked up over the past few years, but I believe dividend investing 2020 is the way to go.
Initially I kick off the video by going through my dividend portfolio overview and how the portfolio has been impacted by the recent market volatility which required me adding a lot of money into the portfolio into dividend stock to offset the losses and increase overall passive income of the dividend investing portfolio. That said, I prefer the dividends coming that provide the passive income rather than the capital gains in the portfolio, but it is nice to have a nest egg in the stock market in case I need to allocate capital to anything like real estate or what not in 2020.
I also touch on a few) dividend increases. MAIN and WFC are one of my all time favorite dividend stocks 2020. They allow you to have the stocks I use to get monthly dividend payments. It is one of the best dividend stocks I know of, especially if you want those 2020 dividends.
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Any idea when the Google sheets version of your Charts product will be coming out…
I bought it, and am doing my best filling it in, but it is pretty complicated..
You would sell more with a instructional video on it… more than YT ad money for sure.
sbux for the M1 portfolio. #longbecky
I don't believe GM or F are actually going to move to EV's anytime soon. I read an article that said that their plans is to make about 360K EV's total by 2026. If that is actually the case, it is game over for them. I honestly think both these companies will go bankrupt within 5 years. And a bailout won't do anything for their long term survival. Anyway, we shall see. I just started a position in CVI. They have gotten hit so hard that their dividend right now is over 20% with about an 80% payout ratio. Good financials. Their Book Value/Share is just a bit lower than the actual price of the stock right now. I'll delve a bit deeper into the company soon and see if I want to increase my current position.
A little disappointed we didn’t hear how CV19 is a factor in your future buying decisions. This pandemic has completely forced a recalibration of everything: consumer confidence, stock buybacks, dividends, etc.
Here’s the ones I think you should add:
DIS, LMT, KO, O, WM
How about Cisco vor Oracle
my dividend portfolio value is at around $7,000 at 18, seeing yours with over $200,000 is crazy! keep up the great work man, i'm tuned in!
Buy AVGO (PEG ratio < 1). Yield is pretty good also.
Very awesome review. I want to add southern company too
Matt mentioned utility sector in this vid. Utilities have been one of if not the hardest hit sector during this pandemic. I guess so many US states and whole countries mandate businesses suspend operations they are using a fraction of the grid they otherwise would. I’ve used this time to significantly lower my cost basis and boost my yield on cost in my FUTY position, which is Fidelity’s utility index. It’s holdings are identical to vanguard’s VPU.
Personally, I will never understand how someone can have less than 10 stocks in an M1 account…..it's literally designed to be a self-created ETF without the fees associated…..but I guess to each their own. Then again, I don't get why you haven't ventured into options yet slacker, lol. Well, keep up the good work anyway, stay safe.
IBM might be a good tech pickup with a dividend
Keep us updated really enjoyed seeing the visual aspect of M1
Matt$ is killin it with these streams, love it!!
First. 👍💯