I was so disappointed with SBUX. Everyone has a bad quarter and I didn’t even mind the price drop. What bothered me is the company didn’t pre-announce and the interview with Cramer and the CEO was atrocious. He is hopefully embarrassed by it.
@@rynewilliams if you give it 10-20 years I’m guessing they do fine. I’m just also guessing next year or two won’t be great. It’s a large position of mine and I really am annoyed with the CEO. There are many better directions to try to grow market share than some vague “action plan”. That tells me they have no plan.
@@InvestingWithAdamK Will they do fine in 10-20 years though? What moat do they have? There are so many fast drink sellers. This is almost like a Caffeine bubble. Think about it. Domestically, they have to compete against Mcd, Dunkin, Panera, Einstein Bagels, ABP, and I can go on and on and on. Oh don't forget about gas stations such as Buccees, Wawa, Sheetz, 7/11, and etc. In China, which is where they want to compete, Lukin and Cottin coffee is slowly to take over. People over there just prefer domestic companies. Unless there is a specific Niche (Like Mexican, Mediterranean, Japanese, and etc), Starbucks will have a hard time competing with others imo.
I don't think millennial women are gonna give up their Starbucks habit forever because the company is currently run poorly. Management may die but the brand will live for decades to come, in my opinion
Man thank you for these super educational videos, I’m 21 and my portfolio is at $4k and my goal is to retire off dividends. Your videos along with other creators have really helped me become more financially literate and independent so thank you!
Always look forward to your uploads man! I'm up 1.13% over the last month, up around 7.38% YTD. I'm doing what I can to invest as much as possible each payday and just continue building that snowball up.
Good evening Ryne, I believe you may want to do a little diversification. I certainly like the dividend stocks for a stabilizer. However, the growth sector is something one should not be under weight in. For myself at the age of 74 I am been overweight in growth for the last 25 years. Quality growth especially in tech and biotech can boost performance, looking forward an interest rate cut is likely in the horizon and it should add a catalyst for the growth sector. Keep up the great work !
Hi Ryan Bought 10 more shares of ABBV at $159.99. It’s on sale! Love those dividends! Reached my goal of 1,000 shares of JEPQ. We decided to buy another 500 shares. Goal is 1,500 shares. Hopefully we reach this goal by November. Keep it going! You will be a millionaire in no time! Good luck 🍀👍
There's one milestone that I've come up with that I don't see anyone mention on RU-vid. I guess most people are familiar with getting far enough along in a position to be able to drip a full share each dividend payment cycle. The one that I think is even more interesting (and much harder to reach) is when your drip buys you enough shares that next payment your drip will buy you another full share. I'm only 1/3 of the way there on my holding. Right now my reinvested dividends get me 40 shares each payment. At the point where my position gets me 120 shares each payment, my invested dividends alone will be purchasing 121 shares the next payment, followed by 122, 123 etc. This would be a more challenging milestone with a low yielding stock, but once you get there you'd be growing exponentially without even investing more money.
My portfolio has had a hard hit the past weeks, AGCO corp. went down a lot and Starbucks (should I dollar cost average on those?), I know youre a fan of Starbucks
I dividend invest mostly in the form of SCHD, VOO, SLG, and SCHG. My question though is unless one plans on leaving their portfolio to relatives upon death how does it make sense not to just go growth, value, and VOO and make more money overall by the time one retires?
@@rynewilliams that is even more reason to invest in the NVDA GOOGL and MSTFs of the world and value and growth stocks instead of dividends. Unless as I said one is going to leave their portfolio to someone and not just use it for retirement. If one is just going for most money for retirement I don’t understand not going for the most money and that’s not in high yielding (2.5 or higher) dividend stocks it’s in growth and value… VOO and SCHG.
Just a comment regarding SBUX. Though is is now your worst performer; it still is worth holding until we see clarity during the next two qtrs. By the way, there is a well known investor who has also had a stock take a tumble since intially investing. Stock is KHC, the investor's average buy price on KHC is $77.86, stock is at ~$36.35....a loss of ~53%. That investor............Warren Buffett.........he still holds all of these KHC shares.
They don't come immediately. Different companies pay dividends at different times. If you search a company on Seeking Alpha, and go to the "Dividends" tab, it will tell you when the payout date is
Like our friend Stuart Smalley once said refuse to beat yourself up! I wouldn’t bother trying to compare your investing returns to the Dow Jones or the S&P since they’re never gonna match. Everyone knows that the S&P 500 will get longer-term a better return but you’re looking at this as dividend focus so I would just be happy with the dividends and just appreciate small Capital gains incrementally
Me too! I’ve made two separate purchases since earnings. Also congrats on being 30 shares away from owning 100 SCHD shares, my situation is pretty similar. Once you get to 100 shares do you plan on adding more?
Apple is going to be like a utility company until the next major breakthrough but still good to hold. Come on! This tech boom is going to evolve over the rest of our lives
I added Starbucks on the horrible earnings. I see them turning around, they have growing competition and seems like people are cutting back but i think they come back
Your Portfolio value was down, but dividend in up…. That’s some S.W.A.N. (Sleep Well At Night) stuff right there. I took the loss on Leggett & Platt (LEG) and have been doing very well on MAIN as well. Nice update, Ryne!
My healthcare job just axed my 401k match🙄.....so to make up for the missed match i am goibg to rebalance and sell my SCHD and buy JEPQ. I will still have 70% of my funds in the SP500 ETFs. The income i get from JEPQ should give me what i am loesing from my employer match. I will only do this this year and tgen rebakance next year back SCHD
I don't have a good rule of thumb for this to be honest. I have a chunk of cash set aside in addition to my emergency fund though that I can invest if need be.
I talk about SBUX in this video. As far as the others go, I don't know anything about NIO, ABBV I'm a shareholder of, and UPS is a behemoth of a company
Good months, bad months I just kind of roll with them although the heartache over the past month within the investment community is palpable :).... Just wanted to give you a bih thank you for your spreadsheet, it is genuinely appreciated :).. Keep up the great vids, they're appreciated!
@rynewilliams right, I feel like it's a good buy I mean it's not like sbux is going anywhere soon. They are getting boycotted about Israel too so that may have some effect but not long term
Yeah, bad month for sure. My portfolio was down about 5%, but still was my best month for dividends with $130. Most my losses are from infamous LEG which I was undecisive on and it bit me hard, it tanked 25% in april and it's by far my worst performer at a 55% loss. It taught me a lesson for sure, atleast it is a fairly inexpensive lesson as I only have 45 shares, so about $800 lesson.
@@rynewilliams I'm holding until next quarter results, unless it hits something like $20 per share. I don't think they're going out of business, and so I'm kinda curious if they can get the ball rolling with the money they'll be saving from the dividends. If I had a bunch of shares, I'd sell. But my max loss with LEG is like $1500, so I'm not to worried.
Great question. I’d certainly prefer not to lose money, but not every month is going to be positive. This is my first down month since November, so I really can’t complain.
Most financial influencers "you need to get control of your finances and stop blowing money at Starbucks" Same financial influencers "😳 Starbucks is tanking" Not you, you've loved the brand for more than just returns. Just kinda funny to think about others shockes by their performance in a time when people are closing their wallets to frivolous spending
Yea it’s really interesting to see. I feel like a lot of people have done a 180 on the company after this quarter’s announcements and the infamous Cramer interview. We’ll see what happens from here, but I’m holding strong, plugging my nose, and diving in to buy the dip!
ThanX Ryne..... Keep that portfolio growing..... Go Visa...!!! Love MAIN..... SNA..... OBDC...... WSM...... Thank you for all you do each week and the variety of your presentations.... You are always thought provoking.... Be well, be safe and enjoy married life.....
