DIVIDEND STOCK INVESTING STRATEGY (30,000 subscribers strong)

We are now 30,000 #dividend growth investors strong! Today's video celebrates this milestone in the PPC Ian stock market community by answering subscriber questions about my dividend #investing strategy. I start out with five investing #questions, and will answer another 25 in upcoming videos! Thank you for being a part of the community!

0:00 Introduction – My purchase of AbbVie (ABBV) stock
$1.07*4=$4.28 annual dividend
$4.28/$69.02=6.2% starting dividend yield

2:12 QUESTION 1: My experience buying AbbVie (ABBV) stock last week
I did not catch the precise bottom for this stock. And, that is totally ok. As a long-term, buy and hold investor, I am not concerned with getting the lowest buy price since time is on my side. I purchased 6% above the low. It is nearly impossible to time the precise bottom of any particular stock market swing.

* I bought at $69.02, with a 6.2% starting dividend yield. I paid 6% more than this.
* The lowest price ABBV hit was $65.06, a starting dividend yield of 6.6%
* For context, the 52-week high was $100.23, with a starting yield of 4.3%. (This really puts things into context.) I got it 31% lower than the top.

9:35 QUESTION 2: What is my AbbVie (ABBV) stock purchase strategy? Did I buy it all at once? How do I buy dividend stocks in general? I have two dividend stock purchase strategies.
1) My preferred one – I will buy a chunk and then average in over time.
2) My strategy for volatile stocks – I will buy a large chunk up front, and then average in over time.
I employed strategy 2 for ABBV due to the volatility.
* I bought 0.38% of my portfolio size in my initial ABBV purchase.
* I will average in and bring that up to about 0.8%-0.9% over the course of the next year.

16:28 QUESTION 3: "This stock has been trending down forever!?"
* Many people think that dividend investors are buying depreciating assets (stock that only go sideways or down). That is simply not the case!
* The companies I buy, like ABBV, are doing incredibly well over the long-term!
* Since January of 2018, ABBV is down from $122.31 to $72.72. That may look like it has been going down “forever”, but you have to look back further. Back in January of 2013, ABBV was at $34.46.
* It's up 110% with a CAGR (compound annual growth rate of 12%).

21:07 QUESTION 4: How do I save money for taxes related to my dividend income? Do I save a portion of my dividend income to pay taxes related to my dividend income?
* Learn more in today's video!

27:21 QUESTION 5: Which dividend stocks are values in the market right now?
* Values: ABBV, MMM, FUN, LEG
* Other Ones I'm Buying: CB, UTX
* Values that I’m not buying (due to allocation): MO, BTI (although, I am reinvesting dividends)
* Also, learn why Cedar Fair (FUN) is trending down.

Here's my last stock market video, featuring my AbbVie (ABBV) analysis:

Here is my video about dividend investing and taxes:

DISCLOSURE: I am long Starbucks (SBUX), General Mills (GIS), AbbVie (ABBV), 3M (MMM), Cedar Fair (FUN), Chubb (CB), United Technologies (UTX), Altria (MO), and BTI (BTI). I own these stocks in my stock portfolio.

DISCLAIMER: All information and data on my YouTube Channel, blog, email newsletters, white papers, Excel files, and other materials is solely for informational purposes. I make no representations as to the accuracy, completeness, suitability or validity of any information. I will not be liable for any errors, omissions, losses, injuries or damages arising from its display or use. All information is provided AS IS with no warranties, and confers no rights. I will not be responsible for the accuracy of material that is linked on this site.

Because the information herein is based on my personal opinion and experience, it should not be considered professional financial investment advice or tax advice. The ideas and strategies that I provide should never be used without first assessing your own personal/financial situation, or without consulting a financial and/or tax professional. My thoughts and opinions may also change from time to time as I acquire more knowledge. These are, as discussed above, solely my thoughts and opinions. I reserve the right to delete any comments for any reason (abusive in nature, contain profanity, etc.). Your continued reading/use of my YouTube Channel, blog, email newsletters, whitepapers, Excel files, and other materials constitutes your agreement with and acceptance of this disclaimer.

COPYRIGHT: All PPC Ian videos, Excel files, guides, and other content are (c) Copyright IJL Productions LLC. PPC Ian is a registered trademark (tm) of IJL Productions LLC.

dividend,dividends,stock,stocks,investing,invest,investor,investment,strategy,strategies,questions,answers,market,portfolio,retire,retirement,early,financial,freedom,independence,fire,abbvie,abbv,yield,dividend yield,stock market,stock portfolio,pick,picks,stock picks,stock pick,dividend growth investing,dividend stock investing,how to invest,how to invest for dividends,taxes,buy,buy stock,how to buy stocks,beginners,how to invest for beginners,ppc ian,ian lopuch,