Source Post

$320,000 Dividend Stock Portfolio Update $100 Buy #255 #fire #stockmarket #passiveincome #retirement

The creator provides a portfolio update, detailing a $100 weekly deposit into their M1 Finance account. They discuss adding to positions in Apple, Qualcomm, ADP, Procter & Gamble, and Oracle, explaining their rationale for each buy, including lowering cost basis and adding to income. The update also covers portfolio value, dividend tracking, and future retirement planning involving an SEPP 72(t) strategy.

Linked Mentions

Tickers discussed in this post

CSCONeutralLow ConvictionResearch Only

Cisco is mentioned as a company relevant to AI and data centers, similar to Oracle and Nvidia.

BRCMNeutralLow ConvictionResearch Only

Broadcom is mentioned as a company relevant to AI and data centers, similar to Oracle and Nvidia.

MSFTNeutralLow ConvictionResearch Only

Microsoft is mentioned as a company similar to Oracle and Cisco in the context of AI and data centers.

MRKNeutralLow ConvictionResearch Only

Merck is mentioned as a stock that will pay a dividend soon, with the creator noting a slight discrepancy between their tracking sheet and the actual dividend amount received.

VOONeutralMedium ConvictionSignal-backedSecondary

VOO is held in one of the creator's traditional IRAs, described as a 'boring old ETF'.

BSTNeutralMedium ConvictionSignal-backedSecondary

BST is noted as a significant closed-end fund holding, contributing substantially to the overall portfolio.

SCHDNeutralMedium ConvictionSignal-backedSecondary

SCHD is mentioned as the largest holding in the creator's portfolio, indicating a significant long-term investment.

NVDANeutralLow ConvictionResearch Only

The creator mentions Nvidia as a company where the dividend is too small to reinvest, indicating they hold the stock but are not actively buying more.

ORCLBullishMedium ConvictionSignal-backedPrimary

The creator is investing $20 in Oracle, believing it's essential for AI and data centers, despite the software sector's recent struggles.

PGBullishMedium ConvictionSignal-backedPrimary

The creator is buying $20 of Procter & Gamble to increase income, despite being up on the position, and anticipates a modest dividend increase.

ADPBullishMedium ConvictionSignal-backedPrimary

The creator is adding $20 to ADP to reduce their cost basis, as they are currently experiencing a loss in this position.

QCOMBullishMedium ConvictionSignal-backedPrimary

The creator is investing $20.48 into Qualcomm to lower their cost basis, noting they are currently down on this position.

AAPLBullishMedium ConvictionSignal-backedPrimary

The creator is adding $20 to their Apple position, viewing it as a growth play with strong brand loyalty, despite its current low dividend yield.

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