Hey Ryne,I’m currently buying more of realty income. Beside that I have position in Jepi and great Canadian monthly dividend stock A&W. Have you ever considered any Canadian business? Thank you for great video.
Got most of your good ones. MAIN, O, STAG 1) Use monthly dividend stock for income and quarterly dividend stocks to reinvest in all holdings. 2) I use various spreads for weekly income or with QQQ/SPY almost daily income.
Monthly stocks: MAIN and SLG Just bought into SLG. It’s trading at half its book value, bought it as a turn around play and will collect dividends along the way.
What an awesome idea! MAIN also generously and regularly sprinkles supplemental dividends, especially in this high interest rate environment. I’m not sure those are included in Seeking Alpha total return chart 🤔
I only have Realty Income and AGNC in my Portfolio at the moment but longer term I do like the idea of monthly dividends. Although as I have stocks that pay in different months in essence that is the same for my purposes of generating a monthly income. As I only started investing May 2023 the way it has turned out is more down to good luck than good judgment
Yea staggering those quarterly payers is pretty much the same thing as getting monthly payments. I wouldn't go out of your way to invest in a stock just because it pays a monthly dividend
New subscriber after seeing you with Prof. G talk about SCHD decline. I am 39 years old and have some money put away in a traditional IRA from a previous employer. I was looking at moving this from them to stock or EFTs that pay dividends. However I am also concerned about making too much on dividends and then having a higher tax burden because with my wife and I claiming 0 on w2s we are still coming out owning some on taxes each year. I am afraid of moving everything to dividend based because I (think,if processing the information correctly) will need to count dividends towards my total income. I am new to this and wanting to know if you have any videos that address this issue or any recommendation. Would love to go the dividend route because it has the best chance of me retiring early but I don’t want to shoot myself in the foot either. Thanks for everything you do.
Thanks for subscribing David. Here's a video I did a while back on taxes, I hope it helps: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-_qjHjjkAors.html
I like the method of using a simple to understand scoring system. Just an idea but you could apply this to many other categories of stocks for a nice series of videos.
It's been months I've been watching you and the live streams, loving the content. Listen I bought SLG in the roth between 23-27. I didn't think it would pop so much so fast. Totally hypothetical when do you feel like maybe it's time to trim a position down? Percent gain, portfolio weight, etc.?
Thank you for all of the support! I'm glad you're enjoying the content. To answer your question, it could make sense to trim a position if you think it's run up an unjustifiable amount. Like if you think a stock has become way overvalued due to a run up in share price, it might possibly make sense to trim some of that position. I think that's how a lot of investors approach that
Great video Ryne and very creative! MAIN is and has been a pillar of my portfolio since day one. The special dividends they have been paying have been amazing. I actually got out of STAG recently because their dividend growth, while consistent, is still pretty minimal compared to some other better choices.
Another fabulous video Ryne!! Great watch. I have a question for you. Could you please do a video comparing all the stocks with a similar growth of Schd in the last 5 years (around 68% or higher) and similar dividend yield of Schd (3.5% or higher). I'm guessing it will be mostly reits or Abbv... Lol. But still, would love a video like that. Think it would be a very interesting watch. Keep up the great work and thank you for sharing your knowledge.
Im trying to decide if id rather put $50k in real estate or build a dividend portfolio with it...real estate has more potential for higher ROI but is more hands on...cant decide lol
My 401K in my last job has a section for small value, SLG with in there, with a few other reits, with significant holding, it used to trade between 100 and 90.00 dollars, They manage several buildings in Manhattan, but ever since the coo virus looks like they haven't recovered, in all honestly with all the homelessness and migrant crisis I really don't see this REIT recovering anytime soon, may be with new leadership at governor level, my daughter used to work over there, the company eventually dissolved the NYC office and moved to Dallas TX.
Yea some of the stuff going on in these bigger cities certainly poses a risk to the companies with real estate there. I'm experiencing some of that with KRC in my portfolio
New to dividend investing, only started my portfolio this month, I have 20 stocks & just placing $25 in each stock every month & then will re-invest dividends.. for some of them if they drop 5% from my buy price i’ll top them up & for some they’ll have to drop 10% to top up.. otherwise i’ll jus top up monthly $25 in each What do you think ?
Ryan, thanks for this warning about how NOT to invest, which is putting eight of your ten eggs into one basket (Real Estate REITs) and the other two eggs into speculative asset management companies (PSEC's official description has the phrase "mezzanine finance" in its second sentence. Run!). Chasing dividends like this will drive an investor nuts. Volatility = emotions = bad decisions. Also, I disagree with your breaking discipline with Main Street. Make a plan and work the plan. You asked for what we think. That is what I think.
Personally id have covered any of the other 3 monthly gladstones, gain, glad, or land, all (at least in my mind and have better growth) are better stocks, not commercial reits like good which has been backhanded and then kicked while they were down from a triple KO of covid, wfh, and then rising rates.
2? O and MAIN imo. Pretty safe investments. My main stocks dividend wise are those two plus KO and Pep, Abbv and quite a few utilities. Also Apple and Amazon but those aren't dividend payers. Well Apple is but it doesn't pay much. O is a good buy anytime it dips below 60 imo.
Everyone seems to like that realty income (O). I have learned that high yield isnt everything especially when they are cutting dividends. Its a sign that the high yield is not sustainable. I was hold a position on AGNC but dumped it recently. I agree
I only own 5 of these. Some income investors on fence with PSEC, I personally own a ton of it. Have like it so far. Do own GOOD, but only a tiny position; like GAIN better. Avoid ORC at all costs! MAIN is great, STAG is great, O is ok- little slow and expensive. I dislike expensive unless I can’t get around it. Getting paid double time with GAIN and MAIN of late, so pumping here. Not buying O on weakness!
Got MAIN and O and considering getting STAG. Can't wait to get rid off ARR and considering getting rid off EFC and undecided about cutting PFLT...who knows😂😂
@@rynewilliams I have 100+ shares of each efc and pflt in the wife’s Roth, they are down just a bit but I’m using dividends to get to 100 shares of arcc. Kids got 100+ shares of arr and is down a bit. I’m dripping to dca and then sell when they’re on the green. I’m 45k in the hole so I’m considering selling my top three positions to eliminate debt, jnj, abbv, and cvx😭😭😭
@@rynewilliams what's better than Robinhood for investing with? I only have Robinhood and I find that some of the stocks I want to invest in are not supported by them. This is happening more frequently it seems. An example is OXLC
ORC is a textbook yield trap. Share price keeps going down, until reverse split. The dividend also declines on way down as well. Avoid this stock. Do not like VZ either.
@peterprok4279 i actually listened to there earnings call yesterday they have of debt to repay and more selling of hospitals I see a dividend cut between this year or next year most likely and there outlook isn’t all that impressive
I’m gunna be adding more O this week my average cost is right around 60 dollars it’s around 59 last I check and i know this video was about monthly’s but stocks but I’m adding this month is old republic I been looking at numbers there 5 year is looking good and i see dividend growth with atleast once a year a special dividend im Gunna make the move around the 18th im selling one company and old is the replacement. one of my companies just cut there dividend right in half 50 percent
@@rynewilliams I’m kissing IEP goodbye I knew there dividend wasn’t all good but I wanted to try them out and ever since that short seller report that went down there stock has rained down and Carl Icahn has lost billions so fast I’m gunna sell after there ex dividend which is the 18 so probably the 20 or the next monday I’m out and old republic will take the spot
You should do OK long term, I am actually just starting to buy this one. It has been crushed because of all the office properties. Most REITs are out of favor at the moment, they have their moments. The 30% swings in this space is normal in this space. I use this one for income (only) and not for appreciation. I am up 16.21% on GOOD but don’t really care. Use income to buy other stocks. This is not a yield trap like ORC, so I see normal, and not see a mistake. I actually never look at stock price on this one, instead follow earnings, profit margin, and revenue.
These high yielders are meant for trading. Using leverage, I maintain a 15 to 25% portfolio yield at all times, 32% off my October low including dividends and was up19% ytd including dividends before the recent correction. I focus mainly on trading mainly 1.5x to 2x leveraged etns under the brand name Etracs by UBS. GLAD raised their dividend. Stocks like ORC should be traded. When I was up 20% I took my profits and ran. The same goes for ARR. I made up to 40% buying at the October 2022 low,trading my way up to 6.47/share in lateJan/ early Feb 2023, gradually selling on the way up. I prefer the leveraged etns to stock but there's a way of trading and managing the risk. SMHB,HDLB,MVRL,PFfl,CEFD, MLPR,BDCX..just looking at the charts you can tell they need to be traded
