Each week you'll learn how to be a better dividend investor and follow the journey of a welder with a passion for passive income to $1,000,000 and beyond.
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The Investments We Plan To Own For Life!
Published about 2 months ago • 3 min read
🔥Don't forget - SeekingAlpha.Com is holding a special BLACK FRIDAY sale... see details below!👇
Millennial Dividends share their actual portfolio (with real returns that beat the S&P 500) and explain exactly which stocks and ETFs they're holding forever—plus why they rarely buy or sell anything. [Link To Article]
Normally requires a paid SeekingAlpha subscription - I'm gifting you access! ** Some readers have had issues reading the link. Please let me know if this happens!**
💡 QUOTE OF THE WEEK 💡
"If you're serious about changing your life you'll find a way, if not, you'll find an excuse." -Jen Sincero
25 examples of the psychology of human misjudgment by Charlie Munger as told by Shane Parrish on the Knowledge Project podcast. Highly recommend this and we all fall victim to several of these misjudgments constantly. You can also read about them HERE.
Dr. Karl Pillemer has spent years researching the lessons and regrets of thousands of people in their 80s, 90s, and 100s and shared some of the top lessons on the Mel Robbins podcast. What hit me is that none of the people he studied at the end of their lives said they wished they hustled harder and made more money. And, the most important things to them at the end are their relationships and experiences with friends and family and not material possessions or money.🤔
📰 Interesting News Article 📰
This one's interesting because it covers how Suze Orman has become a big supporter of dividend investing, especially for retirees. She talks about specific stocks like Pfizer (PFE) and Whirlpool (WHR), plus her strategy of mixing dividend stocks with tech/AI stocks. [Link To Article]
Disclaimer: This is not investment advice. Do your own research before making any investment decisions.
😁THANK YOU to all who responded to the last newsletter!!
And now, here is this week's portfolio activity...
Dividends Received This Week ~$40.15
Global X MLP & Energy Infrastructure ETF (MLPX) | $40.15
Dividends Received Year to Date (Schwab Only)~
$4,947.38
Stocks Sold (AVERAGE)
5 iShares 0-3 Month Treasury Bond ETF (SGOV) | $100.60
Stocks Bought (AVERAGE)
2 VICI Properties (VICI) | $29.75 - Still trickling in a few shares when VICI drops below $30. we hold this inside our "locked" Self-Directed IRA. We moved $30K from a 401k into this in March 2020 and have not added a penny since. Despite some boneheaded moves, it's at $59K!
4 Ares Capital (ARCC) | $19.49 - As recently shared in a recent video, I'm buying Ares Capital when the share price drops below it's current Net Asset Value (NAV) of $20.01 for a nice little discount.
Alpha Picks: $399/year (save $100) - returned +287% vs. S&P's +77%
Bundle: $574/year (save $224) ⭐ BEST VALUE
PRO: $1,920/year (save $480)
Biggest discounts of the year. Don't miss it!
*This is an affiliate offer, and I will receive a small commission at no additional cost when you buy a premium annual subscription after clicking the image above.
Each week you'll learn how to be a better dividend investor and follow the journey of a welder with a passion for passive income to $1,000,000 and beyond.
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