Dividend Sensei's Portfolio Update 48: The Best Way To Overcome Your Biggest Investing Problem
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Note that due to reader requests I've decided to break up my weekly portfolio updates into three parts: commentary, economic update, portfolio summary, stats, & watch lists. This is to avoid excessively long articles and maximize the utility to my readers.
This week's commentary highlights the 3 reasons why buy and hold stock investing is the single best way for average investors to build wealth and achieve their long-term financial goals.
This week's economic update highlights why America's trade fight with China might be over by November, and how that might set the stage for a 20% market rally through the end of 2019.
Introduction First, let me be very clear that this is my personal portfolio tailored to my specific financial situation, risk profile, time horizon, and personality traits. I am not recommending anyone mirror this portfolio. My situation is that I'm about to turn 32 but consider this portfolio an income-focused retirement one (though in a taxable account so I can use modest amounts of margin).
I'm also working full-time (self-employed) and thus able to continually add to this portfolio. I do not plan to actually tap the portfolio's income stream for 14 to 20 years, when I plan to move my family (and help support my parents) to the promised land of my people (retired dividend investors): Coastal Florida.
What this portfolio can be used for is investing ideas; however, this portfolio includes... Read more