MY PORTFOLIO IS DOWN 21.76% - Stock Market Crash? (Ep. 3)

TL;DR

The portfolio saw new investments and the transfer of stocks from Charles Schwab. The market downturn presents buying opportunities for stocks such as Apple and Microsoft.

Transcript

• So it is my favorite time of the month. It is time for my monthly dividend stock portfolio update. For those of you that have missed the first two episodes, basically I'm building a $100,000 dividend stock portfolio from scratch using the free brokerage known as M1 Finance. Now, if you wanna learn more about that brokerage and check out a free tr... Read More

Key Insights

• ✋ The market downturn presents buying opportunities for high-quality stocks that are on sale, such as Apple and Microsoft.
• 🎏 Dividend stocks offer a secure income stream even during market downturns.
• 🙈 The investor maintains a high-risk tolerance and sees the current market conditions as an opportunity to invest further.

Questions & Answers

Q: Why did the investor transfer stocks from Charles Schwab to the M1 Finance portfolio?

The investor transferred stocks to the M1 Finance portfolio for simplicity and to take advantage of the free brokerage. They transferred General Electric and National Grid.

Q: Why is the investor adding an additional $5,000 to the portfolio during the market downturn?

The investor believes that stocks like Apple and Microsoft are at bargain prices currently, so they want to take advantage of the opportunity to buy low.

Q: Will the investor's dividend income be affected by the market downturn?

While the value of the portfolio may be down, dividend stocks in the portfolio, including dividend aristocrats, continue to provide a steady income stream regardless of market conditions.

Q: What is the investor's strategy for investing during a market downturn?

The investor understands the risk involved in holding individual stocks and believes in buying low and selling high. Dollar-cost averaging is their preferred strategy, allowing them to lower the overall cost basis over time.

Summary & Key Takeaways

• $2,000 of new money was invested in the dividend stock portfolio in February, with the addition of stocks from Charles Schwab.

• The market experienced a significant downturn, but the investor sees this as an opportunity to invest further, adding $5,000 to the portfolio.

• The portfolio is focused on dividend stocks, which provide a secure income stream. Utility stocks like National Grid offer stability and consistent returns.