Happy New Year friends, incredible how 2022 went - ups and downs, ATH dividend collection, and everything in between.
In the future, I have decided to be less active on Twitter and CommonStock as I will be focusing on a project for which I have managed to raise small initial capital and has a good chance of success.
New Year, New me ๐
My 2023 starts with significant changes in my portfolio, here are the changes.
SCHD 0.00%โ replaces VOO 0.00%โ - while $VOO is still the strongest ETF one can own in the USA for slow and steady growth. I am basing my decision to shift to SCHD 0.00%โ on this article https://www.moneymarketing.co.uk/analysis/jpm-defend-with-dividends/
SCHD has a beta of 0.86 - moves at a similar pace to VOO
SCHD has a higher dividend yield of 3.35% and when times are tough, dividends are love
I will be buying $15 of SCHD every day just like VOO
I have a super concentrated portfolio. At the beginning of 2022, I used to have a portfolio with weaker companies and higher dividend yields. I can still generate similar dividends without compromising future performance thanks to my investment in JEPI, SCHD, and VICI (higher-yielding ETFs and stocks).
After booking some profits on Unity, I have cut it down from 100k to 60k, so my dividend inflows are not affected. If Unity goes to the 50s level, I will cut it in half again and use the cash flow in my project.
A few things that donโt change are
The portfolio is still focused on dividend-growth stocks - stronger companies with strong dividend growth making portfolio strong dividend growth portfolio
Unity is still love, the lower it goes, the more love it gets (Q1 23 - should give us more answers if it should still be getting love or not)
I will post monthly updates, although other posts might be less
The future looks bright, I will need shades ๐ถ
My portfolio now looks stronger for the future. Here are my goals for 2023
Add at least 1k each month to the portfolio
Reinvest dividends on ASML, and COST
Buy SCHD daily - $15 per day
If anything significant happens before 3rd quarter, buy more stocks other than SCHD and JEPI, if after 3rd quarter, buy around $300k of JEPI - so I have a steady cashflow of $4k+ a month
I am still open to angel invest in startups - if you have a company that you need investment for please reach out via https://www.unicorn.games/investments
What will 2023 look like? ๐ฎ
Till the second quarter, the impact of QT isnโt seen
3rd Q or beyond, the impact is slowly seen
Dividend stocks perform better
Thatโs all for today, I will keep you posted about my startup - its funding, development, and everything soon. I hope you all have a good year!