DIVIDEND INVESTING MAY NOT WORK (When These Mistakes Are Made)

[@ppcian]

IMPORTANT ANNOUNCEMENTS: Thanks for watching! Please don't forget to "like" and "subscribe". Please let me know in the comments below if you've made any mistakes over the course of your investing journey. Please share with the community so everyone can benefit! HELPFUL RESOURCES: Here's an old school PPC Ian video covering my 5 largest investing/financial mistakes: kzbin.info/www/bejne/pHSQoYRra6ufgZYsi=XI-07_uG9BoU6tg2 PPC IAN INSTAGRAM: I'm sharing some great content over on Instagram. Check out my Instagram stories and reels. I'm @ianlopuch: instagram.com/ianlopuch/ CHECK OUT MY PATREON (Corner Patreon Zoom Meet-Up This Friday AM): I'm sharing exclusive bonus content over on Patreon! I offer two tiers: Backyard Patreon and Corner Patreon. My Backyard Patrons see my stock trades, each accompanied by a blog post write-up. They also have access to 50 historical Patreon-exclusive videos. In addition to all Backyard Patron perks, my Corner Patrons also have access to my complete dividend stock portfolio (% allocation to each position) AND my complete bond portfolio (% allocation to each position). They additionally enjoy exclusive portfolio update videos, Corner Patreon virtual meet-ups, an exclusive Discord server, and more. Head on over to Patreon to join today: www.patreon.com/ppcian PPC IAN EMAIL LIST: Join my email list today for helpful updates, and a look at some of my historical dividend stock portfolios: www.ppcian.com/my-complete-dividend-stock-portfolio/ PPC IAN TWITTER: I'm always sharing fun updates on Twitter. Here's my dividend investing Twitter (I'm @ianlopuch): twitter.com/ianlopuch COOL DIVIDEND INVESTING MERCH: I offer some really amazing dividend investing merch: teeshirts, hoodies, mugs, and more! The designs are super stylish and on-point for the dividend stock investing community. Each purchase supports my KZbin channel: teespring.com/stores/ppcian Thanks so much, everyone, for your support. I hope you enjoy the video today! (Disclosure and Disclaimer: Please see video description for all disclosures and disclaimers.)

[@rahulparikh6183]

Ian, since finding your channel in 2019, my financial life and that of my family has completely changed. I have a "high yielder" account, a long term retirement account, and a "Core" account all for dividends. My biggest mistake - selling to get capital gains and losing income! I do not sell anymore. It's hard when the market just keeps going up, but you have to get that snow ball going! Thanks for sharing your OG wisdom with us for so many years!

[@samsargent8326]

The best way I have found to avoid mistakes is to focus more on the growing income stream that I am creating and less on the value of the portfolio (I know, easier said than done!) The value of the portfolio will rise and fall dramatically, the income will grow consistently over time. All 5 great points my friend, wishing you and your family a prosperous New Year!

[@gamergamesmanship6448]

Not necessarily if certain stocks or ETFs cut their dividends

[@samsargent8326]

If a stock cuts its dividend, that is an automatic sell for me, and the proceeds are redeployed.@@gamergamesmanship6448

[@michaelswami]

Could I just tell you how grateful I am for all I have learned from you since I found you. And there are many KZbinrs who have expressed that you were an inspiration to them. Thank you so much sir.

[@ppcian]

Your kind words truly mean the world, my friend. Thanks for being here since the early days. Wishing you an amazing 2024!

[@jacklanzillotti8117]

Good work on this, Ian. It’s not easy for a man to admit his mistakes. Thanks for sharing your learnings with us

[@krakhour2]

Big oil will be around and so will tobacco for the next 20 years

[@baritono81]

I agree, I'd like to hear thoughts on fossil fuels? Is CVX ok to nibble some at $140? I only have NEE and ET, and would like more exposure to the sector when prices are attractive. Best of luck!

[@ppcian]

I agree. Thanks so much for sharing!

[@BR-ex9xp]

Tobacco is declining in sales every year

[@krakhour2]

Correct and that will continue. But people will want their vices to calm their nerves as they do hard work . They will turn to sugary products and some type of vice products beer, cigarettes'in some form. Vape or heated tobacco which is gaining ground. Also altria will diversify like coke has and buy into other new products that will be more healthy. @@BR-ex9xp

[@I_like_turtles_67]

​@BR-ex9xp Tobacco companies are already adjusting to new markets. They own Marijuana, vape/e cigarettes & alcohol. There will be regular cigar and cigarette smokers.

[@jimd.2683]

Ian thank you for your honesty! I am 59 and throughout the years have had many set backs. Most recent is I sold INTC when it declined to $29 and cut it's dividend. It has rebounded now to $50 and has increased dividend and has great momentum. I am focused on SCHD and getting diversity with less management.

[@ppcian]

Thanks for your kind words! Thanks for sharing your experience with INTC. I am also focused on SCHD these days. I'm finding my time is better spent earning more money and then just keeping it simple with SCHD. Wishing you a great one! (Disc: I'm long SCHD)

[@reptilianskin]

I sold INTC also. I held it for years. And averaged down a couple times. It was a very small percentage of my portfolio, and I had little interest building it up even before the dividend cut. I ultimately got rid of 5-6 positions I knew I would not build up and like you, I bought SCHD because my preference for that particular account was to be less hands on with picking stocks. My larger accounts with larger holdings still have my attention for buying more of my stocks and reinvesting dividends. But even in those accounts I sold small positions and bought a dividend ETF.

[@davebarker1778]

I sold intel also along with 3m target and Verizon for my tax loss for the year. I looked at my shares of Verizon and saw so much red. I hadn’t been in the black with trances since 2013 which I just finally decided to throw in the towel. I saw Target as a lost cause also with their locked merch and unpopular with mainstream policies. I luckily had some inherited old 3m shares to unload to cover the losses. I now am sitting on a lot of cash to hopefully deploy to not be dead money like these stocks were.

[@forrestsory1893]

Yep HE burned me too. No pun intended. I even bought extra after the fire. I guess I'll sit and wait on that one. Maybe more Pepsi. Utz seems to disappear and restock at the dollar general in Florida their sales appear to be awesome. I think electric delivery trucks in the Southern US have real potential Hurricanes not withstanding. It's not as cold in winter so no battery problems there. Relatively flat on the Gulf Coast. Just needs infrastructure build out.

[@johnmonk3381]

Me too. I sold intc only to get into google, abnb and visa. But all of these did extremely well and combined, they exceeded the returns that I would have gathered if I had just stuck on holding intc. Shows it's important to cut losers and redeploy the proceeds into your best investment ideas, admitting your mistakes and moving is VERY important. The market is not the place to show how macho you are unless you want to keep making "donations" to it

[@masoncnc]

I'm up 17% on AT&t and Verizon by being contrary into what the media was saying a few months ago. I don't get many wins but that was one

[@krakhour2]

I had a set back couple of times . Once with Canadian oil sands and the political changes that cause this. Also a Chinese investment that cost me when they stopped paying. Now I do mostly etfs and feel much more comfortable about the picks. I hardly ever see a dividend cut

[@ppcian]

Thanks so much for sharing. I also really appreciate ETFs these days. Great point on hardly ever seeing dividend cuts from the ETFs. Wishing you all the greatest!

[@markned6465]

Ian. Been watching your videos since around 2020. Sage advice. You keep it real, without the “pie in the sky” style. I’ve gone from Thug Life to Passive Income over the years. Happy New Year and keep sharing and helping others.

[@henrikpetersen4779]

Happy holidays Ian! I have watched your videos since the early days in your backyard with your red notebook. I love this kind of video with a analytical view on general strategies and ways to invest. And good examples of what not to do. You have so many good points in this video. Years ago you made some videos about how to build a diversified portfolio including examples on well prices stocks in different types of companies. Perhaps that could be an idea for a future video. I think it would be helpfull for new investors. Greetings from Denmark. Best wishes, Henrik.

[@jimd.2683]

Ian another follow up comment. You have become an important voice on KZbin for investors. We can tell you are a man of honesty and high standards and that is sometimes very hard to find in today’s world of a lot of people out to just make a buck. Thank you!

[@extremecarpetcleaning-wvwi86]

I like to keep track how much money I make per month because it keeps you motivated. December it was 350 in dividends. Not bad. Still have a long way to go.

[@AsDfler12]

Impressive. The snowball will really get going now. Even if you don't put in any new capital. 350$ re-invested each month is a lot

[@2ndLastStarfighter]

​@AsDfler12 agreed! Once your payouts are in this range, even if the current price is in the high end, you're still able to buy back 2 or 3 shares = decent momentum.

[@harsharao3555]

Great one Ian. Great points to rememeber for a dividend investor.

[@jimmbboe]

Awesome video! I have encountered some of these issues.

[@CalmerThanYouAre1]

Total return net of fees, taxes and extreme volatility is king. Dividends won’t save a company with slow or no earnings growth regardless of the yield, CAGR or years of consecutive dividend payments. Screen for growth and quality first, then choose dividend-paying companies if you still find those companies attractive at current valuations.

[@krakhour2]

There are some things that I believe that may not be expensive. Some of the utility etfs are lower than they have been for a while

[@ppcian]

Thanks for sharing!

[@malcolmbirkett1347]

We all learn from our mistakes that effect our portfolio's because it costs us money. 😊 I lost about £3,000 on a company this year . Very disappointed but as you say I was diversified and kept on investing 😊 . Doing OK now 😊 best wishes for next year.

[@AJ-zf8tu]

From the u.k. here.Happened with Poiymetal shares when Russia invaded Ukraine.The whole company was taken off London Stock Exchange,lost Everything.Shit happens,just move on….Nice video👍

[@Dividend_Mike]

Thanks for the good content, I really appreciate it as a dividend investor. Love from the Canary Islands, Pp! Keep the thug life investing up!

[@TheTonny1310]

I would say that spread is probably the most important thing. I am also moving away from smaller companies and towards more dividend kings and aridtocrats. The future will tell if it is the right thing to do, but I don't need to find future winners. I am perfectly happy with a sensible, reasonably stable dividend

[@extremecarpetcleaning-wvwi86]

I sold Johnson and Johnson because they have as many lawsuits as mmm but we all have something in the portfolio that is horrible. I own MPW and it's down 55 percent in one year. They also cut the dividend by 50 percent. I'm still holding it.

[@malvanlondon8683]

Thanks for the video. Happy New Year. How do ETFs work in the dividened income context? Is it possible to easily switch an ETF's settings from reinvesting dividends to sending cash in your bank account? Or do you have to sell your holdings in an "accumulation" ETF and re-buy the same fund as a distributing one (perhaps thereby incurring taxes)? I am a dumb newbie where ETFs are concerned. lol

[@Sublime24]

Great stuff, Ian. Thanks for sharing!

[@alexschiller3967]

Wow Ian, haven't event watched the video yet, but looking jacked on that thumbnail! Good work!

[@Angrycapitalist]

Thank you for sharing the journey Ian. *I lucked out, just due to a bad gut feeling after the recent rally and placed Stop-Loss orders on a good chunk of my portfolio which really saved myself

[@ppcian]

Thanks for your kind words and thanks for sharing!

[@2coryman]

Good info, thank you

[@clownanaround7996]

Great video

[@jacklanzillotti8117]

Ian, #1 on your investing philosophy is “Buying quality.” How do you define/measure/validate “quality?” Or is it just a subjective measure?

[@johnmonk3381]

Predictability of earnings and growth is very imperative to a quality business

[@markmethner8839]

Happy Holidays Ian! Excellent video! Keep up the great work. Feel the same about value stocks right now. Also been loading up on O when it was down.

[@ppcian]

Happy Holidays! Thanks for your very kind words. I just wish O were still cheaper, because I want to buy even more! (Disc: I'm long O)

[@markmethner8839]

@@ppcian I know! Hard to find easy value right now. Been looking at PFE a little

[@johnmonk3381]

​@@markmethner8839Well do you like the vaccines and the covid drugs? Would you personally take pfe products? Better to stick with products that you actually use than buying stuff just because the price is down a lot, doing so makes it easier to understand where a company's edge is and why it sticks

[@jonnes__4657]

I enjoy also the cash flow from t-bills. 👍 But there is no growth and Inflation protection with bonds. Happy holidays...🎉

[@vicgill1980]

Oh dang, have made all of these and then some!!

[@dagmarsantanasantacruz4532]

I am picking up the pieces of HE, hopefully it will start yielding sooner than later. Even though not producing dividends now, 11-12 avg per share it is very good so… don’t wait too long to buy and don’t buy the news of “HE is about to resume dividend yield”. It will be too late then .

[@ppcian]

Thanks for sharing!!! (Disc: I'm long HE)

[@TheBeagle1956]

AAPL ABBV ADP AEP AVGO COR COST CSX DUK HD LMT LLY LNC MAIN MCD MSFT O PEP RPM SBUX JEPQ SCHD A nice mixture of growth, dividend growth, dividend yield and stability.

[@chetjackson5244]

I picked up 500 bucks worth of Hawaiian Electric last week. I think its worth the chance. Its still a good company.

[@ppcian]

Thanks for sharing! I’m holding strong. Will be interesting to see how it all plays out. I agree they are a good company. (Disc: I’m long HE)

[@moresugartradercc2744]

interesting video you should be a teacher you explain things so well my mistake was not having the courage to buy aggressively when the markets are tanking I didn't sell but if I had the courage to buy as much as I could I would have been much richer but having said this my mistake was not fatal I reached my goal

[@ppcian]

You are too kind, my friend. Thanks for being here since the early days. Thanks also for sharing your experience. Wishing you an amazing 2024!

[@johnmonk3381]

Hindsight investing is 20/20 ain't it? But don't forget staying out had advantages too, it would have kept your losses minimal if a crash had happened instead, so why hadn't you focused on this aspect, there's always two sides to the same coin and being okay with ANY outcome is crucial to being and staying sane in the market otherwise you will keep brashing yourself over the tiniest stuff that you have absolutely no control over

[@kevinmendoza4402]

Ian! I have almost 70 dividend stocks! I enjoy collecting dividend stocks! It’s fun! Thank you for the new video! 🚀📈💎👐

[@ppcian]

Right on, my friend. Thanks for sharing!!!

[@stevenporter9114]

So take the money you had in Hawaiian Electric and transfer it over to TSLY. Cost would be close to the same and the dividend would be double

[@Norfolkpaul]

Always nice video 😊happy holidays 🇬🇧

[@bestillsounds1210]

Merry Christmas

[@magdablu4098]

Happy Holidays! 🎊 🎉🎊

[@corey9952]

Great info Ian!!

[@TheGoldnDog]

I'm attacking $SBUX stock w no fear. Taking advantage of the dip and trusting in the process. Long $SBUX

[@r0en1ck]

Happy New Year, Ian. Great video

[@ppcian]

Happy New Year!

[@eddieslittlestack7919]

I enjoyed the video Ian

[@ppcian]

Truly appreciate it, my friend. Thank you so much for your longtime support!

[@killersentra]

Know what IAN. Yeah it can get boring investing in older on set companies who are scared to put their reputation on the line. I don't like to throw away money. Sometimes you come across somthing that no one is mentioning. That is only way to aquire it for the uninflated. So you read a little. Fall for the story line , sometimes that little money is like say hey. I'm here. I believe in this company. Even at 1 share. I can tell you something spec I was looking at is up 60% now and it pays a dividend. I was litterally looking it it for almost 2 months. Little cigar butt stock. Man SOOOOOO pissed. They out there. I like UTZ to ian. Their packaging sucks. Looks dated their weak sales are probably just due to the fact that people exepct those things to taste old. In front of 70 flavors of doritoes ???? Maybe in the 90's not now.

[@sunshinedesign]

Mistake is buying baba… when it was climbing in the 260’s range… now it trades around 80. Still holding.

[@ppcian]

Thanks so much for sharing! Wishing you all the greatest!

[@johnmonk3381]

Admitting you were wrong and moving on is one the best hallmark of a very successful investor while keeping losers when they clearly have lost value, market share and outlook has grown murkier are the call signs of a below-average to mediocre investor

[@sunshinedesign]

@@johnmonk3381 thanks John for that humble insight🤪

[@kwokweng76]

I ❤ your video Ian

[@ppcian]

Thanks for your very kind words! Truly appreciate it!

[@brandonthompson6942]

Thank you

[@ppcian]

Thanks for your comment!

[@Jason15Cooke]

“Since the thug life days.” Ian, we never stopped thugging, I want it all like Warren G!!!!!

[@ppcian]

That is a great point. Cannot stop the Thug Life! Yes, definitely want it all like Warren G! Wishing you all the greatest!

[@jbweld6193]

Thanks for all your hard work Ian, you've helped me immensely on my dividend investing journey.

[@ppcian]

Thanks so much for your very kind words!!! Wishing you all the greatest!

[@JESSEMERLEJONES]

Value seems cheap to me here. If we get the rotation like in 2022 we would be early now…. Also if yeilds are lower and falling, than folks could potentially rotate to classic dividend stocks and Oil. I am long $VICI $SBUX $EC

[@ppcian]

Thanks for sharing! Will be an interesting 2024! (Disc: I'm long SBUX)

[@CalmerThanYouAre1]

1-3 ETFs and a small allocation to 10 or less individual stocks would be a good balance between diversification, passivity and sleeping well at night during down turns while still scratching the itch of active trading. If you can’t keep it to 10 companies or less, you probably just need to be in ETFs entirely. You’re likely going to waste your time and leave a lot of wealth on the table on top of that.

[@ppcian]

Thanks for sharing!

[@davesites893]

👍

[@bubblechaser5369]

Those green awesome deals, well ... use fossil fuels = buy buy buy

[@drewo6388]

Great video Ian! Merry Christmas and Happy New Year to you and your family! Ha, I thought we were still in the Thug Life days! I didn't know they stopped! :) Very blessed to have learned so much from you over these years. My portfolio is growing, I have sound dividend stock investments, I continue to learn each day, and I am putting my family in great shape for a solid financial future! Blessings to you in the New Year. I look forward to continuing to follow along!

[@ppcian]

Thanks for your incredibly kind words. I like that! Yes, Thug Life days forever. Wishing you and your family a very Merry Christmas and Happy New Year too.

[@casualviewer8189]

Just curious why you don’t just dump 90% of your portfolio into ETFs and have a few single stocks to play with that you really enjoy

[@BR-ex9xp]

He did

[@allengreathouse7707]

Another THUGin video!

[@chrisf1600]

And the biggest mistake of all : not understanding the Dividend Irrelevance Theorem

[@sohampatil008]

hey Ian watching your videos for the past 1 month and they are really awesome! I was wondering by any chance we could collaborate on your thumbnails and video editing we can improve your thumbnails and content let me know what you think?

[@forrestsory1893]

Great video