I'm Building A $100,000 Stock Portfolio From SCRATCH (Ep. 1)

TL;DR

This video introduces a new series documenting the process of building a $100,000 stock portfolio through dividend investing, using the M1 Finance platform.

Transcript

• How's it goin' today guys? Welcome back to the channel, hope you're having a great day so far. So in this video today, I'm introducing a brand new series I am doing starting out in 2020, really excited about it, I've been planning on doing this for the last couple of months or so. And what I'm going to be doing is documenting the process of build... Read More

Key Insights

• 💙 The content creator's investment strategy involves shifting focus to blue-chip dividend stocks for a steady income stream through dividends.
• 🛟 Property investments and major life purchases in 2019 impacted the content creator's stock market investments.
• ⚾ The choice of M1 Finance is based on its features and suitability for dividend investing.
• 🥶 Portfolio diversification, having an emergency fund, and being debt-free are highlighted as important factors for investing in the stock market.
• 🔬 The content creator plans to invest $500 per week into the portfolio and is also investing in Fundrise and Bitcoin.
• 🤶 The choice to invest in IBM and 3M is based on their attractive dividend yields and potential returns.

Questions & Answers

Q: Why is the content creator shifting focus from growth stocks to dividend stocks for their portfolio?

The content creator believes that investing in blue-chip dividend stocks will provide a steady income stream through dividends and wants to diversify their portfolio beyond growth stocks.

Q: Why did the content creator choose to use M1 Finance for their investment?

The content creator chose M1 Finance for its fractional shares feature, dividend reinvestment option, portfolio reallocation, and zero trading commissions. They believe it is a great platform for long-term and dividend investors.

Q: What were the major life purchases the content creator made in 2019?

The content creator bought a property, paid off their daily driver car, and undertook a large remodel project on their property. They also bought their dream car, a Nissan GTR, and built a $50,000 liquid emergency fund.

Q: Why did the content creator sell their stocks for the property remodel project?

The content creator needed cash to complete the property remodel and saw better returns by investing in their own property. They assure that selling the stocks was not due to market conditions or lack of faith in long-term investing.

Summary & Key Takeaways

• The content creator plans to shift focus from growth stocks to blue-chip dividend stocks to generate income primarily through dividends and build a $100,000 portfolio.

• The M1 Finance platform is chosen for its fractional shares feature, dividend reinvestment option, portfolio reallocation, and zero trading commissions.

• The creator shares their financial recap for 2019, including major life purchases, minimal stock market investments, and the decision to sell stocks for a property remodel project.

• The creator outlines their investment strategy for 2020, including regular contributions to the portfolio, investments in Fundrise and Bitcoin, and the decision to invest in IBM and 3M for their dividend yields and potential returns.