Nicholl for Your Thoughts

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...

14/02/2021

After 20+ weeks, the What's in Stock portfolio is still outperforming the S&P 500 by double digits!

After not dedicating enough time to complete a thorough analysis of any companies last week (and deciding to play it safe by adding a $1,000 cash position to the portfolio), I made some time to dig through some financial statements. I'm happy to report that I think I've identified a stock that has a relatively attractive margin of safety at the moment.

In the investment world, the principle of margin of safety can be summarized by the idea of investing in a stock that has more upside potential than downside risk. In this case, I'll be investing in a stock that I think is undervalued based on some of its metrics.

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 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://www.youtube.com/watch?v=QnK0OIslqBA&feature=youtu.be

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¢

Nicholl for Your Thoughts Website & Blog: https://nichollforyourthoughts.com/homeAfter not dedicating enough time to complete a thorough analysis of any comp...

07/02/2021

In case you didn't see it, the stock market set new record highs this past week (I'm talking about the S&P 500 in particular)! Maybe my conservative approach over the past few weeks was unwarranted, but I still think that certain valuations are a bit stretched and we could potentially see a market correction in the future.

This week's pick for the What's in Stock portfolio is probably the most interesting addition that we've made yet!

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 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://www.youtube.com/watch?v=QuZczJQZNmw

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¢

In case you didn't see it, the stock market set new record highs this past week (I'm talking about the S&P 500 in particular)! Maybe my conservative approach...

31/01/2021

While many investors are still reeling from the chaos that ensued this past week due to the WallStreetBets induced short squeezes on stocks like GameStop (symbol GME) and AMC Entertainment (symbol AMC), I went digging through financial statements to find the next addition to the What's in Stock portfolio! And the good news is that I think I've found a pretty enticing stock to add.

As I mentioned last week, stock market valuations had me a little bit on edge and my intuition ended up being correct. Even though the market pulled back a touch, I still think it could fall further in the coming weeks/months. That's why this week's pick is based on sound fundamentals, an appealing dividend, and a sustainable future. I mean, the company makes money from the wind. How cool is that!

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 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/RxMYmeHyFWA

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¢

While many investors are still reeling from the chaos that ensued this past week due to the WallStreetBets induced short squeezes on stocks like GameStop (sy...

29/01/2021

Saying that we’ve seen some pretty big moves in the stock market this week would be an understatement.

There have been a handful of stocks that have found themselves in the spotlight, namely GamesStop (symbol GME) and AMC Entertainment (symbol AMC). These stocks have been pushed higher by retail investors collaborating on the WallStreetBets subreddit and investors subsequently dumping billions of dollars into these stocks to push the prices higher.

The moves in the stock prices have been amplified further by short-sellers purchasing shares to exit their short positions.

I uploaded a video late last night talking a little bit about how these trampled stocks have soared to ridiculous heights, how the event directly impacted one of the stocks we hold in the What’s in Stock portfolio, and the move I made to capitalize on the opportunity presented.

https://youtu.be/gLKcuj82gFA

The WallStreetBets subreddit has caused the stock prices of GameStop (symbol: GME) and AMC Entertainment (symbol: AMC) to soar over the past few days. It has...

24/01/2021

As the stock market seems to continue setting record-high after record-high, the valuations of certain companies are getting out of hand. It's starting to make me a little nervous, and that's why we'll be adding a rather conservative position to the What's in Stock portfolio this week that should hold up well if we start to see some red in the stock market due to a market correction/downturn in the coming weeks or months.
If you want to see what we've been buying to outperform the S&P 500 by double-digits, check out the latest What's in Stock video on YouTube!
Your thoughts are worth more than a penny.
Noah 5¢
https://youtu.be/kRAVUqlgZGo

As the stock market seems to continue setting record-high after record-high, the valuations of certain companies are getting out of hand. It's starting to ma...

17/01/2021

The latest episode of What's in Stock is now available on YouTube!
The portfolio that we've been building since mid-September is performing well compared to the overall stock market and it kicks off nearly $1,000 in dividend income annually!
No giveaways this time! If you want to know what stock we'll be buying this upcoming week, you're actually going to have to watch the video!
Your thoughts are worth more than a penny.
Noah 5¢
https://youtu.be/6zvcxEBKqn8

In this episode I'll be discussing how we're purchasing a particular stock to essentially bet on a marketing rebound as it looks like we are getting ready to...

11/01/2021

This week we'll be investing some of our hard-earned dollars into Fulton Financial Corporation (symbol: FULT).
We'll be adding a company from the financial sector to the What's in Stock portfolio to continue our diversification efforts. FULT has displayed solid dividend growth over the past decade and it has shown incredibly consistent earnings growth over that same time period. This particular company has a sizeable exposure to commercial and industrial real estate as well, which makes for an interesting play.
If you have any thoughts on the company, let me know in the comments!
Check out the video below to see some of the other reasons I like the stock currently.
I've been hosting a series on YouTube called What's in Stock since mid-September where I share what stock we'll be investing in for the upcoming week. Since inception, we've purchased stocks that will provide over $900 of dividend income annually! Sticking to a value-based investing approach since Episode 1, the portfolio continues to display strong performance.
So far, the portfolio is outperforming the S&P 500 by over 20% (as of market close 01/08/2021).
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¢
https://youtu.be/vRWn2ZJG0Xo

This upcoming week, we're going to be adding another dividend payer to the What’s in Stock portfolio to keep the dividend income coming! Sticking to our inve...

05/01/2021

This week we're investing some of our hard-earned cash into Cisco Systems, Inc.(symbol: CSCO).
We believe the company is well-positioned in the current digital environment due to the various products and services offered to help other businesses succeed online. Looking at the current price, the stock appears that it might be undervalued when taking earnings into consideration. In addition, the stock has a dividend yield over 3% currently, (as of market close on 01/04) and has displayed a focus on dividend growth over the last decade!
If you have any thoughts on the company, let me know in the comments!
Check out the video below to see some of the other reasons I like the stock currently.
I've been hosting a series on YouTube called What's in Stock since mid-September where I share what stock we'll be investing in for the upcoming week.
As of market close today (01/04), the portfolio was outperforming the S&P 500 by over 20%.
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¢

https://youtu.be/v6TXWI9kzqs

Guess who’s looking to add additional dividend income to the What’s in Stock portfolio this upcoming week? Sticking to our investment philosophy, we continue...

02/01/2021

In my opinion, credit cards undeservingly get a bad reputation.
Like most other things, a credit card is nothing more than a resource, a tool to help you accomplish a goal. How you use that tool is what really matters.
When used responsibly a credit card can provide great benefits! There are cards that offer cash back, travel perks, and some even offer incredible sign up bonuses (more on this later)!
When someone tells you credit cards are dangerous, take their comment with a grain of salt. There are plenty of people out there that have never paid a Nicholl of interest on their credit cards (huh? see what I did there?)!
Instead, they're getting rewarded for buying things that they already planned on buying in the first place. Are you?
Your thoughts are worth more than a penny.
Noah 5¢

28/12/2020

Episode #14 of What's in Stock is now available on YouTube!
It's been a little over 3 months since starting the What's in Stock series and so far the portfolio has not disappointed!
After adding 13 different stocks, the portfolio is outperforming the S&P 500 by double digits!
Additionally, the estimated annual dividend income for the What's in Stock portfolio is closing in on $1,000!
We're going to continue investing one dollar at a time until we've bought our freedom. Are you?
Click the link in my bio for the video and subscribe to the channel while you're there please!
Your thoughts are worth more than a penny.
Noah 5¢

https://www.youtube.com/watch?v=RIPRKjSUnfo

Sticking with our investment philosophy, we continue to focus on identifying undervalued companies, ensuring that we build a well-diversified portfolio with ...

26/12/2020

It feels pretty good to have your research validated by a professional financial analyst (and by the stock price too)!
You can watch the full video on the YouTube channel. Link in bio!
It's 100% free and you might learn something along the way. After all, knowledge is power.
The next episode of What's in Stock should be available tomorrow!
Your thoughts are worth more than a penny.
Noah 5¢
https://youtube.com/channel/UCZM2_1gNJsvrXn3OxsPG6tw

25/12/2020

I wanted to take a moment to say thank you to everyone that has helped support throughout this journey so far!
We're taking the day to spend time with family and count our blessings.
Excited to create more content to help you on your journey toward in the near future!
Wishing everyone a very merry !
Your thoughts are worth more than a penny.
Noah 5¢
P.S. Thank you to everyone who recently took the time to subscribe to the YouTube channel! 100 subscribers: ✅

https://youtube.com/channel/UCZM2_1gNJsvrXn3OxsPG6tw

21/12/2020

The latest episode of What's in Stock is now available on YouTube!
During this upcoming week, we'll be investing some of our hard-earned cash into an appealing dividend stock.
At it's current price, the stock has a dividend yield over 4% (as of market close on 12/18), it has a history of dividend growth, and it's displaying some signs of potential undervaluation.
Check out the video below to see some of the reasons I like the stock currently.
I've been hosting a series on YouTube called What's in Stock since mid-September where I share what stock we'll be investing in for the upcoming week.
As of market close on Friday (12/18), the portfolio was outperforming the S&P 500 by over 20%.
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¢
*Not investment advice. Please conduct your own research before making any type of investment*
https://youtu.be/Lo1bcppzoLw

As the stock market continues to climb higher, we continue to focus on identifying undervalued companies in strategically selected sectors. In addition, this...

07/12/2020

Over the past three months, we've constructed a portfolio that's outperforming the S&P 500 by over 20%. In addition, the portfolio will pay us over $650 in dividends every year.

The best part? I release a weekly video telling you what stock I'll be buying in the upcoming week. Check out the What's in Stock series on YouTube and subscribe to the channel if you like it!

Your thoughts are worth more than a penny.

Noah 5¢

https://youtu.be/H6gnQp4cJd4

Find out how the What's in Stock portfolio has been performing and see what stock we'll be investing in for the week of December 7, 2020!Website - https://ni...

17/11/2020

Why do we trick ourselves into thinking we have to wait until the timing is just right? This seems to be the case when it comes to both life and investing.

Check out the latest Nicholl for Your Thoughts blog post to see what really might be holding us back and how we can overcome it.

https://nichollforyourthoughts.com/timing-isnt-everything-in-life-or-investing/

Your thoughts are worth more than a penny.

Noah 5¢

If time is our most limited resource, why do we spend so much of it waiting for the perfect opportunity? Learn why timing isn't everything.

10/11/2020

To be a successful investor, you certainly don’t have to be the smartest person in the room.
You do, however, need to ensure you aren’t making your investment decisions emotionally. A lot of investors get into trouble when they get too emotionally involved.
For example, investors might get caught up in market-euphoria and make a rash investment decision or they might liquidate a substantial portion of their investment portfolio by panic-selling when the market is down (can you imagine how you would feel if you sold off all your positions back at the end of March?)
I like to think of myself as a very level-headed individual (sometimes to the point of annoyance according to my wife). As difficult as it might be to admit, I occasionally let my emotions get in the way of my investment decisions. It doesn’t happen often, and I always vow that it will be the last time, but it nevertheless happens again.
Thankfully, we've implemented a helpful strategy to combat emotional investing.
Check out the latest blog post to see what it is.
https://nichollforyourthoughts.com/building-a-dividend-portfolio/
While you're there, check out the latest episode of What's in Stock where I share what stock we're investing in this week (it's up over 20% this week and already makes up a sizable portion of our portfolio, so we probably won't be adding too many more shares). Also be sure to check out the latest episode of Millionaires in the Making to see how we're using our investment portfolio to build wealth and become millionaires!

Learn why building a portfolio of dividend-paying stocks one of the best tactics we’ve implemented to combat emotional investing.

09/11/2020

This week's episode of What’s in Stock has finally been uploaded (I have a slow internet connection to thank for the delay)!
We're planning to add a potential value play to the portfolio with a nice dividend yield!
To be completely transparent, the price of this particular stock increased by over 20% today (11/09/2020) and it's already a rather sizable position in our overall portfolio, so we probably won't be buying too many shares this week.
If you're interested in seeing what we've purchased, how it's performing, or what stock we'll be buying this upcoming week, check out the latest episode or What's in Stock!
https://www.youtube.com/watch?v=A5eH0OIWNT8

Find out how the What's in Stock portfolio has been performing and see what stock we'll be investing in for the week of November 9, 2020! Preferential Tax Tr...

03/11/2020

When was the last time you asked for something you wanted?
I'm not talking about asking for more ketchup at a restaurant or for less ice in your drink. I'm talking about asking for something meaningful, something that will help you achieve your goals (financial or otherwise) sooner or more easily?
Check out this week's blog post to learn a few easy ways to save some dough, simply by asking.
While you're there, check out the latest episode of What's in Stock where I share what stock we're investing in this week!
https://nichollforyourthoughts.com/ask-for-a-discount/

Have you ever asked for a discount on one of the services you use? If not, check out this post and learn how to receive some instant savings!

01/11/2020

Can you believe I've been sharing my weekly stock pick videos for 8 weeks now?!
The series was cleverly named What’s in Stock by a fellow investor. How cool is that?
Being a dividend investor, I'm very excited for this week's stock pick!
If you've never checked out a video before, today would be a great day to watch this week's video and to subscribe to my YouTube channel to show your support!
Even though it's down a bit, the What's in Stock portfolio is outperforming the S&P 500 by over 2%!
For the full video, check out the link!
https://youtu.be/kdqcJCXVq5s

Find out how the What's in Stock portfolio has been performing and see what stock we'll be investing in for the week of November 2, 2020! Be sure to subscrib...

26/10/2020

Over the past 6 weeks, we've been fortunate enough to be able to continue making additional investments in our joint brokerage account.
We've made these investments in conjunction with a weekly YouTube series I've created called What's in Stock.
Before the start of each week, I talk about one stock that we'll be purchasing during the upcoming week and I explain my reasoning.
If you want to know what we'll be investing in this upcoming week, check out the latest video!
If you want to see how the What's in Stock portfolio has been performing, check out the Nicholl for Your Thoughts channel on YouTube!
https://youtu.be/5a0y-WBmiRU

Find out what stock we'll be investing in for the week of October 26, 2020! Want to know what we've bought in the past and how they're performing? Check out ...

20/10/2020

Except for the mortgage, we are officially consumer debt-free!
Regardless of whose advice you’re listening to while on your journey toward financial independence, one item that finds its way to the top of nearly every list is eradicating debt, especially consumer debt. In most cases, consumer debt is slowing your progress toward financial independence by delaying repayment, encouraging you to live above your means, and incurring additional interest charges along the way. I’m very excited to report that, except for our mortgage, Nicole and I are officially consumer debt-free!
Last week, we made our final car payment for Nicole’s vehicle! That means the number of creditors we owe shrunk from two to one, leaving just our mortgage lender. No longer having to make that car payment will free up $200 in our budget each month! As I mentioned in last week’s blog post, to reach our annual goal of $10,000 in dividend income for 2021 we are going to need to drastically increase the amount we invest each month. Even though it would be nice to throw that $200 into our vacation sinking fund each month, that’s probably not a realistic option at the moment.
In general, consumer debt includes items like credit card debts, student loans, vehicle loans, mortgages, and other personal borrowings. When you take out a loan for that new car you’ve been eyeing or when you put a new pair of shoes on your credit card, you’re incurring additional consumer debt. Since business-related and investment-related debts are used to generate income they don’t typically fall under the consumer debts umbrella.
For those of you thinking it, I agree that there are various situations where using debt can be a good decision, even for some types of consumer debts. For some examples of those scenarios, check out this previous post about using debt to your advantage.
I firmly believe that the easiest path to zero consumer debt is by. . .
Check out the Nicholl for Your Thoughts blog to read the full post, access hyperlinks, and see additional information.
https://nichollforyourthoughts.com/except-for-the-mortgage-we-are-consumer-debt-free/

Except for our mortgage, we are officially consumer debt-free! Find out how we did it and the steps you can take to get similar results!

18/10/2020

After last week's performance, the "What's in Stock" portfolio is now underperforming the S&P 500 by about 0.50%!
True to form, this week's pick takes a long-term approach and I believe it has the potential to boost the portfolio's return over time.
Check out the most recent episode to find out what stock my wife and I will be investing in this upcoming week!
https://youtu.be/UT7_Q039Ufw

Find out what stock I'll be investing in for the week of October 19, 2020! Be sure to subscribe to the channel and thank you for your support! Blog - https:/...