Performance 9/17/22 and week
Down -1.77% for the day
Down -7.77% for the week

I’ve basically been making the same round trip between $40k to $50k for most of the year, and using that opportunity to lower my cost into each holding.

No sells this week, just bought more $ADBE

In my crypto portfolio I’ve kept my weekly DCA purchases of $BTC.X and $ETH.X .

Also out of boredom, I’ve been looking into creating a new portfolio focused on income via covered call etfs like $JEPI , where you could build up a six figure position and generate like $1k a month, and reinvest that in tech stocks and crypto, or take advantage of dividend snowball effect and eventually transition it to an dividend etf like $SCHD , because I’m not that interested in picking non tech stocks, and $SCHD has seemed to outperformed most dividend portfolio and even the general market.

However, I’m not going distract my self by chasing other strategies just cause the market is down, instead I’m going keep buying a concentrated portfolio of tech stocks, while they are under/fairly. valued, and when they become overalled , I’ll maybe start building that new portfolio of like (70% $JEPI 30% $SCHD ).

Having a growth tech portfolio that is actively managed, and then having a passive high income & divided growth etfs portfolio, seems like a better balance than just buying the market index funds like $VOO and $QQQ.
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Conor's avatar
$20.9m follower assets
What am I doing in this Almost Bear Market?
We aren't technically in a Bear Market yet "The Securities and Exchange Control Commission defines a bear market as a period of at least two months when a broad market – measured by an index such as the S&P 500 – falls by 20 percent or more."

BUT eight of my stocks are down more than 20% this year. Four are down 30% and one is down over 50%!

I sold some of the ETFs I had that were up for the year to generate more cash. I typically try and never sell individual stocks unless the underlying business is broken, but I felt like I needed more cash so I decided to sell some sector and factor-based ETFs.

With the excess cash, I am moving very slowly. I allocated a portion to $JEPI every month JEPI is great because it allows me to have covered call exposure without going through the hassle myself. I used to sell puts and calls for income during times like this when the market is relatively flat, but I lost the patience to do this.

I'm also leaving my stocks alone and have no plans to sell them. Even the ones that are down big this year. I might allocate some of the cash I built up to some of my favorite ones but at this time I'm holding steady.

Finally, I'm looking for some safe "bets" in companies with possible buy out opportunities and of course $IPOF which is Chamath's biggest SPAC that recently announced an extension. I really like $IPOF because worst-case scenario I get my money back plus interest. But the best case scenario something happens to move the stock up and I sell for a profit.

The other company I am focusing on right now is $CANO. Cano is trading around $6 a share but could have possible interest from a large managed care company at $12 plus. We will see but it feels pretty safe for now.
Good comments here.

I have been taking it slow too. Still buying a few of my beaten down names, but also expanding geographically and operationally.
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I am happy with my portfolio
When starting my dividend growth investing, I had certain things in the plan.
  1. I get decent cashflow/income from my portfolio
  2. Have a beta return/ market returns
  3. Grow dividends
  4. Give me peaceful sleep

So, I tried to design my portfolio based on that. Now the portfolio is looking solid.

Here are a few things I like about my portfolio:
  1. Is what I expected it to be with a beta of 1.1, dividend CAGR of 11.71%, and CAGR of 8%.
  2. Performs solid when the market is down. Although I might not get the upside as much as other portfolios, the performance during a downturn is solid (it needs to be tested more).
  3. Cash flow is enough. With a $1,497.12 average dividend at a 5.23% yield, it's more than enough for me to survive. Other passive income that I generate from my games, consulting, and advising can go to portfolio or angel investing.

Let's see how it has performed in past:
It is at ATH right now at $358k

Over 1-year portfolio beats SP500 by 10%ish

YTD portfolio beats SP500 by 7%-8%

It has to be tested more though.

A few things that I don't like about my portfolio are:
  1. $JEPI and $QYLD - 30$ of the portfolio. While they provide more than 70% of dividends, I want to be invested more in companies that will grow my dividends too. The dividends generated are more than enough for me, so I shouldn't be more greedy in short term and start focusing more on the long term.
  2. $VOO, $HD, and $WM small position. I want to be increasing the position. Ideally, I want 20%+ of my portfolio to be $VOO, yes, I am happy with beta returns.
  3. $U big position, while I will not actively trim $U, I will not be adding more to it. I will trim it if my angel investing requires me to.
  4. $RITM or $RITM is still a big chunk at around 5%, I will be trimming it by the end of the year to half.

Edit 1: $CME is a dividend and trading play, it's based on my partner's idea. It won't be for long in my portfolio.
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What is your biggest postion?
My biggest position is $JEPI at 19% and it will remain my biggest holding for 6+ months more as I need monthly cash flow. My plan is, later on, to reduce it below 10% eventually by adding more to $VOO, $HD, and $WM.

My biggest single stock position is $AAPL thanks to the 20%+ gains it has made. My second biggest holding is $U, I will cut it to half soon to use for personal projects.

What are your biggest holding and what % of your portfolio?
Highlights July 22'
  • $25k+ in gains (😮‍💨 after ages)
  • $55k worth of trades
  • Bought a social media company
  • $10k invested in Unity
  • Exited out of $BST and $AGNC, Increased $U, $JEPI, and $QYLD
  • Entered $CME

Read full detail here (while you are there, feel free to subscribe, I am 3 away from 100):
$AGNC I quit!
I exited out of AGNC (I fell for the dividend trap) and wanted to exit out of it before it made significant damage. Here is the summary:
  1. 📈 Increase in cash flow: With $JEPI and $QYLD in my portfolio that gives me decent income per month, I am reducing my risky monthly dividend stocks. The riskiest among those was $AGNC. I sold on around 5% capital loss and around 8% dividends income.
  2. 🔴 Risks with AGNC: There are many risks associated with AGNC. Decreasing dividends, deteriorating financials, and current macroeconomic environment.
  3. ♻️ Substitution: Since I generate enough monthly income with my income ETFs, I am focusing on long-term dividend growth. I have initiated a position on CME.

Conor's avatar
$20.9m follower assets
$JEPI or $HYG for Income
What are your favorite ETFs or stocks for generating relatively safe but high yield income?

The two I have found to be pretty low-risk and a decent yield (over 7%) are $JEPI which invests in high yield stocks with some call options and $HYG which invests in high yield corporate bonds. Both are yielding over 7% and are "only" down about 12% with the recent market downturn.

I have seen higher-yielding products out there but most are down 20% or more which is NOT what I'm looking for.

Does anyone else have an opinion on either of these or something I might be missing?

Again, looking for a high yield with relatively safe returns.
$JEPI was the last hold out ETF I held until recently when I finally signed off ETF’s forever. I have $OIEJX (JP Morgan Equity Income Fund) in my 401-k, and other index funds & ETF’s in my Acorns & Stash IRA’s. So I decided to go 100% individual stocks in my personal accounts. That way I had “safe” investments all over, but then could compete against them all with my individual account. The more comfortable and proficient I got picking individual stocks, the less I like funds. Too many investments I didn’t like.

I did study the hell out of top 10 holdings of EVERY fund I came across. Not just o find ideas of my own, but to compare funds’ holdings, see which companies institutions had the most faith in, etc.

It’s one of the 5-8 value or dividend funds, outside S&P 500 funds, that I would be comfortable holding.
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Your thoughts on this move are appreciated!
I'm considering making $JEPI the largest holding in my portfolio, specifically into my taxable trading account. This would speed up my potential early retirement date by a little over 2 years; adding roughly 8-9k of new income. My dividend portfolio is fairly diverse, but this would become my largest holding. This would be new money so no sales would be made to fund this purchase. Am I being blinded by the additional 9k of income to see the downside of this move? Any thoughts you have on this would be really appreciated!
Why I like dividend growth investing and you might too...
I have been a dividend investor for more than 20 months now and I was able to build a portfolio of over $350,000. Now the portfolio is hovering around $300,000. YTD my portfolio is down around 13% and wrecks my heart as my portfolio is going down everyday. There are times people in finance attack dividend growth investing at times for its focus on companies that payout dividends, and as it is passive form of investing - today I will try to defend DGI by showing how it's relatively good in all market conditions with a brief history and strategy of my portfolio. I look towards the positive side and why I choose Dividend Growth Investing in the first place.

💸 Dividend growth investing in every market conditions
The market can go in 3 directions and here are the scenarios and why dividend growth investing makes the best out of every conditions assuming companies that you invested doesn't cut the dividends:
  • 👉🏽 Sideways: If the price stays relatively flat, we can buy more of the shares at $100, and once the sideways movement ends the compounding will be greater as we accumulated more stocks at a small price.
  • 👇🏽 Downwards: Let's say if the market goes down, we still are getting the dividends from stocks that we hold. So, we can accumulate more of the dividend stock at a lesser price. We are increasing the cash flow and buying more assets.We just have to play the waiting game for the market to go to the bull run for capital gains.
  • 👆🏽 Upwards: Although, our reinvested money won't be able to buy as much of the asset, we have both capital gain and dividends to re-invest.
📝 Brief history of my portfolio
I have been building my portfolio for few 20 months now and I have recently crossed $16k in dividends 🥳🎉. Capital gains can vanish like how it did with my $U but companies won't ask the dividends back

My portfolio link: here.

🙈 My strategy
I have concentrated down my portfolio into 3 parts in the hopes to achieve all the possible benefits of dividends and growth of dividend growth investing.
  • 💰 Income: I want my portfolio to earn as much as I can, so I can re-invest as much as I can. This is possible due to covered call ETFs with high dividend yields like $JEPI, $QYLD and $BST. These 3 income ETFs yield at an average of 10.15% and has an expense ratio of 0.6% (on the higher side). They generate over 60% of my dividend income while they are 35% of my portfolio. I don't expect significant capital gain from it.
  • 💸 Cashflow: While income and cashflow are similar, cashflow category consists of monthly dividend stocks that yields at lower rates and has capital appreciation. This includes stocks like $O, $STAG, $AGNC, $NRZ. They cover around 15% of the portfolio while generating around 20% of the dividends income.
  • 💗 Growth: For growth in both capital gains and dividend CAGR I have stocks like $AAPL, $MSFT, $VICI, $VOO (i am planning to increase my position), $HD, $COST, $WM and $JPM. Together they make 45% of the portfolio and generating 20% of the dividends. They have a 3 year - weighted CAGR of 8.28% and average 3 year CAGR of 9.68%.

This gives my portfolio a decent place to stand. It will generate around $1,584.67 (while my cost per month are barely over $300) per month at 5%+ dividend yield (good cashflow). It also has a beta of 1.000217417 where I will be making gains similar to market (which I am happy about) and the movement lets me sleep well in the night as well (not too crazy in comparison to other individual stocks), so I can expect to make around 8ish% per year in capital gains. And, best of all the dividend CAGR is at 12%. So, I will be increasing my dividend cashflow too. This might be too conservative for some and but this gives me everything I need - cashflow and peace of mind.

Investing is like having sex - very personal. Everyone follows different strategy, and has different goals. But, every now and then it's exciting to mix things up. So, you might want to give DGI a try, you might like it...

And my final attempt to convince you to try DGI...

If this magic trick doesn't convince you, idk what will haha
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Keep accumulating and building that passive income! Doing that now when things are down is much better for you long term if you stick to it! Congrats on the substantial portfolio.
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