The creator mentions Costco as a stock that has paid special dividends in the past and may do so again, despite its current low yield.
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$340,000 Dividend Stock Portfolio Update $650 Buy #248 #fire #stockmarket #passiveincome #retirement
The creator provides a dividend stock portfolio update, detailing recent buys made with deposited funds and dividends received. The portfolio, valued at over $345k, saw activity including buys in Oracle, Qualcomm, BlackRock, ADP, BST, KKR, Procter & Gamble, American Express, and Prudential. The creator also discusses the impact of these buys on future dividend income and tracks portfolio performance and dividend growth over time, noting a current monthly income of over $1,100.
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VTI is suggested as an alternative to VOO for investors focused purely on growth and selling shares, rather than dividend income.
The creator believes VOO will outperform SCHD over time for pure growth investors, contrasting it with dividend-focused strategies.
American Express shares were purchased via the auto-invest feature, adding to the portfolio and increasing future dividend payouts.
The creator purchased shares of Procter & Gamble, adding to their position and increasing future dividend income.
The creator invested a significant portion of the funds into KKR, believing it is currently undervalued due to its software holdings and expects a discount purchase.
The creator bought $20 of ADP shares, noting the company has been struggling but expects the purchase to increase future dividends.
The creator's auto-invest feature purchased $20 worth of BlackRock shares, contributing to the portfolio and increasing future dividends.
The creator purchased $20 worth of Qualcomm shares, adding to their position and increasing future dividend income.
The creator bought $20 worth of Oracle shares, adding to their position and increasing future dividend income.
The creator highlights Exxon as a successful auto-invest position, bought when it was in the $40s and now trading around $150.
Nvidia is mentioned as one of the stocks that is currently up on a down market day.
Prudential is mentioned as one of the stocks that is up today, and the creator bought more shares, increasing its future dividend payout.
SCHD is mentioned as an ETF that is currently up, and while it might be good for dividend strategy, the creator suggests VOO or VTI for pure growth investors.
The creator reinvested $100 into BST as a 'thank you' for a recent dividend, adding 2.5 shares and increasing future dividend payouts.
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