Joseph’s Dividends: August

With several of my holdings showing no sign of recovery, and feeling inspired to be more selective with my choices, in August I made some large adjustments to my dividend portfolio.

In my M1 Finance account, I had one pie that was made up of several Global X ETF’s. They were higher yield, but as the ETF’s themselves didn’t seem to be as well established, they didn’t bounce back with the rest of the market over the summer. I decided to cut my losses on them and move the money to more reliable dividend earners.

The other major change I made was moving several REIT’s from Dividend Stocks pie to my REIT specific pie. It wasn’t a change that necessarily had to happen, but it’s one of those little things that makes my brain happier.

Now, on to the dividend earnings report!

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Joseph’s Dividends: July

This will be short and sweet as I only have a few minutes while my newborn son is napping with his mother.

As, much as I would like to see every month outperform the prior year, I know I haven’t been working a consistent enough strategy to see that yet. However, thanks to the inspiration of the Dividend Diplomats, I have been making an effort to add more individual dividend stocks to my M1 portfolio. While I prefer monthly payers, I realize I also need to just focus on adding good performers. With enough of them, the monthly payouts will be solid anyway.

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Joseph’s Dividends: June

While it’s not as exciting for me to write about, I realize I really should be sharing my journey with dividend investing more frequently. Recently, I did write a brief review of my experience so far with M1 Finance, but that was broad overview. I need to continue to live up to my title as Dividend Brother and share more of what I’ve been up to.

This first one post will be a little longer as I want to do a quick month-by-month recap of my dividend heavy IRA from its inception in April of 2018 until now. I’ll be honest, I don’t expect this to be extremely fascinating to anyone unless you get really jazzed about dividend income. Which, if you found your way to our blog I guess there a decent odds that this does do it for you. Ok, you’ve been warned . . . now let’s get granular!

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M1 Finance – A Review

This is the story about how I earn my title as a “Dividend Brother.” If you’ve been keeping up with my Trade Journal entries, you might be wondering, “Where are all of Joseph’s great dividend stocks?” The answer is they’ve been here all along, I just haven’t gotten around to writing about them until now. So, let me tell you about my dividend investing strategy, M1 Finance, and why you might consider using a similar strategy with this broker.

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Fear and Greed in a Pandemic

Warren Buffett is likely the most quoted investor of all time. One of his most popular quotes has never been more relevant or bandied about then it is right now.

“Be fearful when others are greedy and greedy when others are fearful.”

Warren Buffet

The fear in the market has created deep discounts and bargains in every sector. It is overwhelming and tantalizing. Companies with strong balance sheets, decades of dividend reliability, and bulwark business models, even in a recession, are now trading at levels investors could only dream of a few months ago.

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