21/02/2021
This week I'll be adding an attractive dividend payer to the What's in Stock portfolio. In case we see a stock market pullback or correction in the coming weeks, this particular stock should also provide some downside protection for the portfolio.
For those that aren't aware, in the investment community the term correction often refers to a 10%+ decline in the overall stock market. While there are several reasons a correction might happen, one of the most common reasons is for stock prices to "correct" to reflect their fair value. This tends to happen when the market becomes overvalued.
Sticking to our investment philosophy, we continue to focus on identifying undervalued companies, ensuring that we build a well-diversified portfolio with exposure to various sectors that can weather a market downturn.
Since mid-September, we've invested consistently into the What's in Stock portfolio and purchased stocks that will provide over $1,000 of dividend income annually. Yup, the portfolio income has officially hit the comma club! Sticking to a value-based investing approach since Episode 1, the portfolio continues to outperform the S&P 500 by double-digits!
Use the link below to check out the most recent episode of What's in Stock!
https://youtu.be/bX9TnrGjy9M
If you like the video, consider subscribing to the channel. I'd appreciate your support!
Not trying to sell anything, just trying to be an advocate for financial literacy.
Your thoughts are worth more than a penny.
Noah 5¢
This week I'll be adding an attractive dividend payer to the What's in Stock portfolio. In case we see a stock market pullback or correction in the coming we...