14 Month Dividend Stock Portfolio Update (3 NEW STOCKS!)

TL;DR

The video provides an update on the creator's M1 Finance dividend stock portfolio, including a rebalance and the addition of three new stocks.

Transcript

• [Instructor] How's it going today, guys? Welcome back to the channel. Hope you're having a great day so far. So, in this video today, we're going to be doing a update on my M1 Finance dividend stock portfolio. Now, real quick, guys, I just want to mention that I just moved to my new property in Miami, Florida. I ended up moving for lifestyle and ... Read More

Key Insights

• ✋ The creator's portfolio has reached an all-time high, thanks to investing during the pandemic.
• 👶 Rebalancing is a useful feature to consider for adding new stocks or changing risk allocations.
• 🥺 The creator was concerned about some stocks in the portfolio overheating, leading to the decision to rebalance.
• 👋 The new stocks added were chosen based on recent sales and good potential for growth.
• 🉐 Intel, Genuine Parts Company, and Emerson Electric were among the stocks that experienced significant gains and were sold off during the rebalancing.
• 🇭🇲 Stocks like IBM, 3M, and McDonald's still have potential for growth, according to the creator.
• 👋 Walmart, Logitech, and Texas Instruments were added to the portfolio as new stocks with good prospects.

Questions & Answers

Q: Why did the creator decide to rebalance their portfolio?

The creator decided to rebalance their portfolio because some of the stocks had gone up significantly, and they wanted to take profits off the table and diversify their holdings.

Q: What three new stocks did the creator add to their portfolio?

The creator added Texas Instruments, Walmart, and Logitech to their portfolio.

Q: Did the creator add any new money to the portfolio?

No, the rebalancing was done using the gains from the existing stocks in the portfolio.

Q: Is there a concern about potential taxes when rebalancing?

Rebalancing may trigger taxable events, but the creator felt that it was worth it to have a better-diversified portfolio. The taxes on the gains will be paid in 2022.

Summary & Key Takeaways

• The creator recently moved to a new property in Miami for lifestyle and tax reasons, leading to temporary changes in video format.

• The goal is to be more consistent with portfolio update series to provide value to viewers.

• The portfolio has seen significant gains due to investing during the pandemic, and the creator has decided to rebalance and add new stocks to diversify.