How Much My Portfolio Earned in May ($279,000 Account)
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- čas přidán 25. 07. 2024
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In this video we walk through my entire stock portfolio to reveal how much my portfolio earned over the last month, the dividends I received, what my annual dividends are on a $279,000 account, what stocks I bought and sold, and the overall performance using Schwab portfolio tools.
00:00 Portfolio recap for May 2024
02:59 Dividend income
04:39 Stocks I bought and sold this month
07:42 Best and worst performers
11:41 Overall thoughts on the previous month
*I am not a licensed professional or a financial advisor. This content should not be taken as financial advice. It is meant for educational and entertainment purposes only. All opinions and perspectives are based on my own personal financial situation, experiences, and goals. Please ensure that you do your own due diligence before making financial decisions and/or meet with a professional. Links above include affiliate links, which means I may receive a commission at no additional cost to you.
Hey Matt,
I just want to say massive respect for putting this kind of content out there. You actually put your money where your mouth is which legitamizes both your opinions and content.
Really enjoying this man, keep it up.
Thank you, much appreciated!
Your portfolio is slowly morphing into Mag 7 portfolio. You just need $TSLA to complete the collection
I talked about this a bit in a recent video, it’s definitely by design. I think these companies are some of the best in the market so I want to be overweight them. Not sure I can do TSLA yet though 😬
@@mattderron They are the best. It is no brainer to buy them even at elevated prices. Buying AAPL at $190 or $160 or $120 will not matter much 10 years from now.
Very much appreciate the helpful content and transparency of the process.
Thank you!
Thanks for your honest content and showing the good and bumps in your portfolio. I'm holding BTC, VOO, SCHD, VGT. I'm rolling out of some of my BTC on the ride up-into VOO, SCHD, and VGT as I get closer to retirement.
That’s awesome, I actually really like your combo assuming you have 10+ years until retirement. I don’t talk about BTC much on the channel anymore but its something I know a lot about and I think it’s great when folks have it as a part of their portfolio (assuming they understand the risks obviously).
There’s a lot to be said for having a portfolio you can constantly contribute to and just tweak allocations to as time goes on. Awesome stuff
Great job Matt... Keep up the good work...
Thank you!
Appreciate your honesty! Great video!
Thanks, much appreciated!
Thanks Matt. Easy to relate to you
Thank you, much appreciated!
Love your transparency! 😊
Thanks!
What brokerage do you use? I love the platform
Schwab
Great video. Curious to know if you have a separate portfolio of ETFs in addition to this portfolio. If so what ETFs do you hold in it?
We do have other accounts (like my wife's retirement account) and they are 100% S&P 500 index. I've talked about my story in previous videos, we did S&P 500 only for a long time before I started doing more individual stocks
@@mattderron if you have SPY ETF and you bought more AAPL, NVDA, META, GOOGL, you basically just double down. The Mag 6 stocks are like a combined 25-30% of SPY now. You will multiply your gain when the market goes up BUT you also multiply your losses during market correction or crash. There is nothing wrong with compounding your gain as long as you are aware of the risks. Some people say that they tolerate risks until they see the first sign of trouble and bail out right away. Pretty sure that you do not do that
Yeah I talked about this in a recent video. I am overweight those stocks because I think they will continue to drive the market return so I want a higher allocation to them than the index has
You're missing MSFT. Sip the cool aid jk lol. Great work man. 🙌🏾
I do like MSFT, but just didn't work out for me yet lol
Wemby! Nice T-shirt
Yup! Go Spurs Go!
Cant wait for the roast in the comment section. All jokes aside, keep it up, youve got more conviction than me. I just buy etfs lol
Never fails each month lol
Hey Matt i noticed you didn't mention path, but it seems like you own it. I would love to hear your thoughts on path long term. Your conviction level ect...
Hi, I don't own it...that list was a watchlist not my portfolio. That's why SBUX was on it now because I sold it and don't own it anymore.
I looked at it briefly, but they're not profitable (operating income < 0) and I usually don't dig into companies in more detail until they're profitable
It would seem your Dividend yield would go down with respects to owning Nvidia, Amazon & Google with little to no dividends that these 3 companies pay. Their big increase in value would seem to drop your yield. But I see you had a pretty good month and that’s great to see.
With June it ought to be a big dividend paying month. So we all can lick our chops on the up coming dividends.
A Great video to start out the month. Thanks.
Thanks, yes good point. I talked about it previous months but clearly the change in direction drove the drop in yield. Great point about the gains also contributing to it, that’s math I like 🤪
Hey,loved your opening comment. So here goes. I think you may now be overweight in nvda. But I can see with its momentum continuing you might be reluctant to sell. If so at least give yourself a mental stop. Of at least part of the position. I know it’s a great company and accelerating profits but the stock is quite expensive. Perhaps diversifiy into and or something else in ai semis. Try not to give up those amazing gains. I know, I know , you should let your winners run. But eventually even the strongest will slow down. Otherwise I like at least as secuties most of the portfol
Btw don’t spend too much time comparing to s&p you likely have cash and that will lower performance.
NVDA is doing the overweighting on it's own since it keeps going up. At some point I will have to address that I'm sure. That point is not going to be today though lol. I'm going to let that one run for a while and see what happens. I know since it's a hyped up stock there are more than normal number of speculators in it...which means any weakness will be met with a big downturn. But I want to see where that one goes.
Hey... I love your channel. Don't take any of my engagement as a meta to say not to do what you want to do.
I have a portfolio for my sister I am going to be building a new position in ARM for her. I think they got a lot of potential for future earnings growth as their gross margins are 95%. Just need to start focusing on profitability more and it will be a cash flow machine.
will be interesting to see how ARM does for sure. Either way, building a portfolio for someone is an awesome thing!
I'd be happy with that performance overall. NVDA saved the day! Congratulations!
Thanks, I am happy with the performance for sure
You have the required skills for monthly reporting:
Broad shoulders.. and a tuff chin
Thank-you for the update!
Thanks, much appreciated!
I lost on SBUX too….I don’t mind being patient, but that report was awful…. I kept five shares for grins….
That's cool, at least those 5 have had a nice bump up over the past week or two. Losing on individual stocks is just part of the process. Everything is about probabilities, not guarantees. No big deal.
My top 3:
NVDA up 135%
MAMA up 79%
C up 60%
Worst:
WPC down 6%
Wow C, nice one!
I have GOOGL, MSFT, META but not NVDA. But you do not need to have MAG 7 to have huge returns. These 6 stocks gave me huge returns as well: AMAT: 170%, QCOM 70%, AVGO 210%, ASML 85 % and even bank stocks like JPM at 68% and pharmaceutical stocks like MRK at 95%
wrong all wrong... jk love your portfolio and the changes you've made recently. I also love the V div that dropped today
NVDA tomorrow too lfg
Thanks!
Very solid primary holdings as I hold a lot of the same, but a few too many moves for me. I was up 11.46% in my Schwab account in the month of May, 30.04% YTD. If I factor out NVIDEA though I would be much closer to your performance. I only sold a few Apple shares in a brokerage early this year to make a larger purchase and have been dollar cost averaging back to my previous position. I have one losing stock being Tesla which was a more recent pickup.
The number of moves should slow down, my portfolio went through a transformation since January. Nvidia is definitely driving a lot of the market return as of right now by itself lol
Getting hammered.
You are? Don't drive.
@@mattderron😂
when you are young, you want recession. you are in accumulating stage and you want to buy good stocks at huge discounts. I actually wish for 50-60% market crash so I can buy more. every time the market is red, I am happy. when can we start the recession?
Buying quality companies at discounts is obviously great. Still, the biggest driver of returns over the long term is picking the companies that grow / compound the most over time as opposed to buying at a huge discount. Obviously, if you can do both, even better.
Thanks Matt! I always enjoy your shared knowledge and insights. And, I love your sense of humor and easy going personality. You are calm in the storm, pragmatic and reassuring. Knowledge is powerful.
Looking forward to the next video.
Thanks much appreciated!
Interestingly I started my brokerage the same time as you and have almost the identical amount. Only difference is I run 3 etfs and have a dividend of 1.9%.
I’m Loving how the portfolio is looking. Great job with the changes and moving swiftly. Most investors stay with their holding and wait, but you have to cut as soon as your conviction changes. Im excited to see your portfolio grow from here.
Thanks, I'm excited about it as well
Matt, when I started investing 30 years ago (in my early 30's), the "conventional wisdom" was 75/25 stocks/bonds and gradully more and more bond % as time goes on. Do you see yourself moving into bond etf/funds as the years go on? I wish I hadn't followed "conventional wisdom" so closely. Lol. Keep up the great videos!
This is such a good question. When I started out investing finally (late twenties) I started with a Target Date Retirement fund, because I just didn't know anything. At some point early on I asked myself...why do I need bonds at 28? Smooth out the volatility?? What's the benefit of that in a retirement account that I'm (in theory) not touching and just contributing to? It made no sense to me. But like you said...conventional wisdom and every blog and whatever said to have bonds.
I moved it to 100% S&P 500 index fund and never looked back lol. I just didn't get it so I went all stocks.
At some point as I get closer to retirement, I will move money into more conservative things. Now...at that point maybe Amazon and Apple are super conservative dividend value stocks and they're just paying me and I keep them there. Or maybe if rates are good (like they are now) I put some in Treasuries, or yeah maybe bonds. At that point I'll be looking for a good diversified set of income streams...because that will be necessary then to protect our well being in retirement.
But back to your original point - I've found that many many times the "conventional wisdom" about investing is either kind of wrong or at a minimum lacks context to your specific situation as an individual. Plus, now everyone with a Twitter account regurgitates the same platitudes every day, which makes it worse, IMO.
Anyway, that's my thought on it, clearly I have an opinion on this topic 😂
Another thing to consider - and Jack Bogle affirmed this notion in an interview shortly before his death in 2019- is that you’re already exposed to bonds primarily through your Social Security contributions. The SSA invests heavily in special government securities that function effectively bonds, to where if your personal investments are only in stocks or commodities, you have decent bond diversification through social security contributions alone.
Wow this is an awesome point! Hadn’t thought about it like that
The tshirt game is strong in this video.
Wemby is sacred here now lol
Gambling on earnings never did well for me. With that being said should i buy some more APPL before WWDC lol
I never gamble on earnings per se…I do my analysis and if it looks attractive I buy regardless of if earnings are close. Unless I have a specific concern or something I want to know more about.
In terms of AAPL…I don’t know these tend to me “sell the news” events lol 🤷🏻♂️
What’s your risk tolerance? You could take $50k buy AGNC, get the $600 monthly dividend as cash and just reinvest it in other stuff every month.
My risk tolerance is high, but I'm not really interested in the "high yield then reinvest thing" - in general over the long term those positions don't perform as it relates to total return and I'm not focused on income to use now. To each their own though
@@mattderron Last I checked total return includes dividends.
It does, but simply look at the 10 year total return chart for AGNC vs the S&P 500 and you can see what I mean
@@mattderron Well sure it’s not a growth stock, that’s why I asked your risk tolerance. It’s been pretty steady the past year. Maybe MAIN is more your style. ASML, UNH, SPGI monopolies. COST, LOW, DE, MS, AVGO. TXRH or DPZ look better than Hershey’s. SCHW was good, averaging +10% dgr.
Nice overview and your accessments on your individual stocks in your portfolio. Although others may scoff at your latest megacap purchases (NVDA, AMZN, GOOGL, AAPL, META in the past 6 months or so, all those are core holdings for me and have been for some time. On CNBC, they talked about these (including MSFT) as sort of defensive stocks now. They stated that those stocks are so dominant and have wide enough moats that even if the market goes down, these stocks will be resilient. So, congrats on accumulating shares of these megacap stocks. If you are holding for the long term, like I am, IMHO, they will reward you (us).
Yes this is a good point and how I see them. People say “you bought overpriced tech stocks.” Not how I see it. I bought the strongest, most profitable companies in the market that were trading at better price ratios in 2024 than previous years (for most of them).
That’s why I kept saying…people tell me they’re overvalued but the analysis is the analysis and they looked attractive to me
@@mattderron Everyone picks their stocks on their own criteria and everyone has their own opinion for their selections. I have stated this many times before in comments. What is right stock for one may not be the right stock for others. As with others, I have my own opinion(s). I listen to others and make sure I am not too persuaded by other opinions, but I consider what they have to say. Don't concern yourself too much with naysayers. Yes, listen to what they say, but if what they are saying does not align with what you think, then simply ignore. You should do what is "right" for you and your family. Let's hope all of us are successful investors.
Thanks for sharing !
I can fully relate, and I had the same kind of stock picks. But today i don't feel the faangs are disruptive anymore. I think they are too big to grow fast percentage wise. For example apple is strugling to even grow, letalone significantly beat sp500.
Out of all of them, only nvidia is disruptive and stands a chance of significantly beating the index.
I feel the more we diversify the closer we get to total market returns, and the risk does not justify the potential outperformance.
I don’t think “disruption” is necessary to simply outpace the index, but I get where you’re coming from. Currently I’m at about 12 holdings, what do you consider “diversifying” in terms of holdings? Or did I misunderstand what you meant?
You understand perfectly :)
My idea is that from 5 or more stocks the chance of all of them outperforming all the time is really low. So for those few that underperform they will even out few winners so you are left with fewer stocks which win. Meaning 60% is market return and 40 outperforms but in real terms that's 1 or 2% extra if that.
Examples AMZN 5y 105% or visa 65% or just spy 90%
If you just buy qqq that is 160% in the last 5y so you would severely underperform.
Goog apple and MSFT all beat qqq but I am not sure about next 5 years
Point is the more you diversify the closer you get to the index. In my opinion outperformance = concentration = high risk
I am all in on Nvidia, but stocks are the risky part of my net asset value.
Even I wonder how far off will I get compared to qqq. If it's worth my daily watching over it
I see where you're coming from - I agree with what you said. Currently at I'm at 12, I could see myself getting to less than that for sure over time. Congrats on your performance you're crushing it
So, the next time I screw up, I’m calling it a Matt Derron SBUX moment! 😂 Kidding! I jest! You do you! That CEO’s performance would shake anyone’s confidence! Would have broken my heart to sell at $73. But, I did the same thing with AMD and lost out on $40,000 profit, so I ain’t judging. I’ll give you credit for having the big balls, cause it seems like most of your holdings are in the high dollar stocks. Solid choices, but I’m too cheap for that! I’d course, next week you’ll have 10x the shares of NVDA! Hopefully, that’ll payoff long term!
lol we’ll see about SBUX, I think unless people are trading this and locking in the bounce gains they might be surprised if / when it goes lower. I’m not mad, I hope it works out for folks.
Plus It’s ok because I’m wiping my tears with my NVDA gains for now so I’ll survive lol
Never wait for losers to "get back to even" before selling, Peter Lynch says that is one of the top Retail Investor mistakes. Well done cutting it.
Agreed, even though its bounced that’s all good for those who wanted to hold, but I’ve happily moved on
I bet in the next two or three months you’ll sell MCD and Lulu
MCD is not likely, I’ve explained why before. I think LULU is going to surprise but I would only sell if they had a SBUX like earnings call / outlook
@@mattderron consumer opinion on lulu is souring with it's core demographic (middle class women), i've seen discontent about the fact they changed the materials that they have previously used for decades. though if anything seems like they're leveraging the brand name to reach new audiences that are unfamiliar with previous higher standards.
Mark recently dumped his Amazon stocks
Who’s Mark?
Sold my SBUX at a loss to buy CRM. So far, so good.
Nice! That will likely be a very good trade long-term
You took on greater risk, for lower reward.
Saying "strong" on such observations is not objective.
Is this a serious comment? If this is you saying "you should just buy the index" then you clearly haven't been listening lol
Let's be clear about something...we don't need to be "objective" about our own portfolios. How I choose to invest my money or how anyone chooses to invest theirs...is totally up to them.
What's your problem with it?
@@mattderron Make your own choices, but own the results.
The whole point is to increase returns and hopefully with similar or lower risk. Or ok, lets ramp up the risk for more reward.
But increasing risk with no reward to show for it... that's just poor performance / decision making.
Again, let's be clear...the "whole point for you" is to increase returns and hopefully with similar or lower risk.
My goal is to beat the S&P 500 in total return while building an income stream for retirement. My goals aren't your goals.
And judging the effectiveness of my decisions based on a short time period is kind of missing the whole point of this. That works with indexes, it doesn't work with individual companies.
@@mattderron so would you say underperforming the sp500 is a "strong" start?
I’m not really sure I understand the same questions you ask every month. I’m not sure how long you’ve been here but for the first 12 months or so of this portfolio I had a bunch of “recession ready” stocks that were slower growers that didn’t actually match my portfolio goal.
I changed that at the beginning of this year to better align with what I was trying to accomplish.
My performance not beating the market in the first 18 months of a portfolio is no big deal. You don’t get extra points for having a “strong start”
Plus, as I explained the last time you asked this question - I don’t really care if I beat the index or not. I have it as a goal to challenge myself in something that I enjoy. Whether or not I beat the index is less important than building a portfolio of companies that I’m proud to hold and helps build wealth for my family.
Choosing to pick stocks is taking the accountability and risk for your portfolio’s performance. There’s nothing wrong with indexing, it works great and we’ve done it for years. But it’s a different mindset. Whatever the market gives you is always ok because it’s outside of your control. If that’s your preference, great.
Why you feel the need to constantly question others who don’t have the same preference as you is beyond me. I’ve explained this many times in comments and multiple videos already.
Take care ✌🏼
Yep, cut them loose if you've lost faith in them. There is no award for staying married to a financial instrument. The relief from the stress of watching your money shrink is immediate.
100% agree. I think sometimes we're so focused on being "right" we don't make the obvious decision. I have folks commenting on my SBUX video now like "it's up 15%" and I'm like...that's great for you guys but I moved on to what I think is a stronger business long-term. No regrets.
Yeah, that is literally one of the keys to making/saving money. Be open-minded and honest with yourself when you need to be. Most times I've ditched a company they haven't rebounded like SBUX has, and when I check in on them my decision to sell has been reinforced. @@mattderron
Bro sold his - positions to buy all time highs 😂
Um…my NVDA position is up 38% in a month, and it’s my largest holding. I know sometimes it’s hard wanting to criticize someone (you’ve done this multiple times already) but maybe you should sit this one out?
@@mattderron criticize is harsh, it’s an objective observation of exactly what you did bud
@almightyrick5689 don’t try to backtrack, lean into it. I’m simply showing my process and results and you can have an opinion on it. But the “all time high prices are bad” narrative is just simply wrong. I’ve addressed this many times. Great companies will frequently trade at new all time highs. That’s how it works bud
@@mattderron ill be back when u sell McDonalds 😂
Imagine wasting your time waiting for someone to do something for you to criticize. I could never. I’m too focused on building the life I want for my family.
You do you though. Keep waiting.