I'm excited to cover the 6 dividend stocks and 1 dividend ETF I have been buying in 2024 (many of which I plan to continue to buy). So far this year, I've had very limited free time, so I'd like to discuss the topic of investing on a limited time budget. This is a challenge that can particularly affect those dividend investors working hard to build a portfolio that can cover living expenses.
#dividend #stock #investing

Timestamps:
0:00 INTRODUCTION: 2024 Life Update
0:57 SEGMENT 1: The Dividend Stocks I've Been Buying In 2024
1:05 I've gone really big on the higher-yielding positions in my portfolio.
1:00 Check out the pinned comment for my PPC Ian Patreon.
1:10 Altria (MO) - Now one of the largest positions in my portfolio.
1:28 Realty Income (O) - Now one of the largest positions in my portfolio.
1:50 I bought high yielders to immediately build passive income. I can only work at this intensity so many more times, so I'm doing what I can to drive yield now.
2:52 I've now moved into my Core Stocks, as well: PepsiCo (PEP), Johnson & Johnson (JNJ), and Starbucks (SBUX).
3:17 I started buying Core Stocks because I know them VERY well. I'm just buying the stocks I'm comfortable with, because I have almost zero time for analysis.
3:59 Most dividend investors will face seasons of limited time.
4:41 SEGMENT 2: Strategy For Investing With Limited Time
5:22 ETFs are great for investors with limited time, especially newer investors who have not researched individual stocks.
6:18 As it pertains to individual stocks, they must be ones that I know VERY well (with no extra research required).
7:15 Dividend investing can be a great strategy for hose with limited time, since it's often a set-it-and-forget-it type of strategy.
8:00 The hardest part of dividend investing is the grind, building up the active income to invest in passive income.
8:43 SEGMENT 3: Important Questions To Ask (For Those Who Are Working So Hard)
9:05 Question 1: Is it worth it? (The answer may change over time.)
9:41 Question 2: Is there an end in sight? (There has to be an end.)
10:57 Never forget health and exercise.
11:12 It's important to reward oneself along the way.
11:23 There are alternatives.
11:57 The hard part of what we do is the hard work and sacrifice.
12:34 DISCLOSURE AND DISCLAIMER

DISCLOSURE: I am long Altria (MO), Realty Income (O), Pfizer (PFE), PepsiCo (PEP), Johnson & Johnson (JNJ), Starbucks (SBUX), and SCHD. I own these stocks in my personal dividend stock portfolio. My kids are long Disney (DIS).

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