$100K STOCK PORTFOLIO - I Added A 3rd Dividend Stock! (Ep. 2) #Best Education Page #Online Earning

- So here we are with another update video

for my $100,000 dividend stock portfolio that I am building.

If you guys are brand new to this series

we've done one episode so far but essentially what I'm doing

is documenting the process

of building up a $100,000 dividend stock portfolio

investing in a commission-free brokerage called M1 Finance.

Now the response from the first video guys was amazing

and I really thank you for that.

I had no idea this series was gonna be so popular

but I'm really excited about things now

and this week I made a brand new investment

that I'm looking forward to sharing with you guys

in this update

and we're also gonna talk about

the other stocks in this portfolio

and how they performed in the last month.

Now before we get into that guys

I do wanna go ahead and make a quick shoutout

to the YouTube channel known as Joseph Carlson.

I did mention it in the last video in the description

but a couple people said hey,

ya kinda copied your format from this guy and I'll be honest

I did get inspiration from that

creating a portfolio and documenting my own investments.

So if you guys are looking for another take on this

and also some videos that are similar

where someone is documenting their M1 Finance portfolio

make sure you check out his channel.

I will link to it down in the description below.

Now the other thing I wanna mention real quick as well

is that if you guys are interested in investing

with M1 Finance which is the exact brokerage

I'm using in this video

I have a free training linked up in the description below

that walks you through the entire process step by step

of getting started with this brokerage account

and it gives you a complete tutorial, step by step

on how to get started with this brokerage account.

That being said

I just wanna go ahead and make this disclaimer

that I am affiliated with M1 Finance.

So if you guys do use my link down below

I earn a small commission in the process

and the other thing I have to mention here

is that this is for entertainment purposes only

and of course

when you guys are doing your own investing of any kind

make sure you are doing your own due diligence.

But before we get into the portfolio update guys

let's talk about how much money I invested

in the month of January because this was a big month for me

and I invested almost $6,000.

So let's go ahead and break those numbers down right now.

All right guys so as you know from the first video

if you saw that,

I told you that I am automatically investing

$500 per week into my M1 Finance account

using that automated investing feature

and that means I'm following an investing strategy

known as dollar cost averaging

where regardless of the overall market conditions

I am investing every single week

which means that even if the market goes up or down

I am effectively paying the market average

for the price of my shares.

And since I'm doing a long-term dividend investing strategy

I'm not really concerned with the price

that I'm paying for these stocks

in terms of a plus or minus five or 10% range.

But this month I actually deployed a lot more than $2,000

into this portfolio

and that is because of what I call found money,

which is money you didn't expect to have in the first place

and so I said you know what why not,

I will invest this money instead of spending it

or doing something else with it.

So the first piece of found money in the month of January

was an overpayment refund from paying off my Nissan GTR.

I mentioned that in the last video.

That was one of the things I did in 2019

to set myself up for a good year of investing

and I somehow screwed up my payoff quote

and I sent them too much money.

So they ended up sending me a refund check of $1,056.64

and I did not expect to get that check.

So instead of spending that money

I threw it into my M1 finance portfolio.

Now in the month of January I also made a business decision

to open up my stock market investing course again

and this is a course that I put together back in 2017

and so since it is an older course

the material itself is still totally relevant and valuable,

it's over 10 hours of information in 17 different lectures

but because the information is a little bit dated

and the videos are about three years old

I heavily discounted that course down to $97.

Now I ran a launch promotion of $25 off

and I ended up doing about 35 sales of that course.

So after paying my credit card and related fees

and after having one refund on those 35 sales

I do offer a 30-day refund on this course.

I ended up with $2,434.86 in sales.

Now again, I considered this to be found money

because I didn't expect to earn this money in January

because I had no plans to open that course back up

until I thought about it

and realized it was a logical business decision.

Now that being said guys

if you wanna check out that course yourself

I'm gonna do a 48-hour discount with this code right here

which is FEB20 all caps or if you use the link

in the description below the $20 discount

is taken off automatically.

So if you wanna learn the basics of investing

feel free to check out that course yourself.

So that's my update there guys.

That is how I was able to invest almost $6,000

in the month of January in my M1 Finance portfolio.

Now let's jump into that portfolio

and look at the progress we have made.

All right guys

so here we are inside of M1 Finance portfolio once again.

As you can see here it has a current value of $6,484.16.

Now before we go any further

I do have to do a quick explanation here

about why some of these numbers may look a little bit wacky.

So for example here we see my portfolio has a value of,

as we said, about $6,400 and right now we are down $182.19.

However, it's showing that my return is a -35.89%.

Now at first when I saw this as well I was totally confused

and then also some of my returns down here

didn't quite make sense and that is when I looked into this

and realized that what we are seeing here

is something called a money-weighted return.

So I'm going to explain this very simply.

It is a kind of confusing topic but basically it's a return

that you may not be familiar with

because what most people are familiar with

is something called a time-weighted return.

And if we wanna see that number

all we do is jump over to the Holdings tab of this portfolio

and this number makes a lot more sense.

So overall based on holdings this portfolio is down 2.8%.

So no, I am not down 30%, 35% here

based on my initial investment.

It is based on the money-weighted return.

So with this return being shown right here on the homepage

each transaction within the portfolio is weighed

based on when it occurred in the account.

So most of us are familiar with the time-weighted return

which is the return on the initial balance of an investment.

And like I said, that is visible under the Holdings tab

and for the most part that is the return

we are going to be using

to reflect the performance of this portfolio.

So for example the time-weighted return

would be like investing $100 in the S&P 500 for one year

and seeing your return on investment.

So if you went from 100 to $120 that would be a 20% ROI.

And the common indexes out there

like the New York Stock Exchange, the NASDAQ, the S&P 500,

they all show the time-weighted returns

and so this is the return that most of us use,

most of us are familiar with

and we use it as the overall benchmark

to compare our performance to a market index

like the S&P 500.

Now this money-weighted return

which we're being shown right here

takes things a step further

and it's useful in dollar cost averaging

which is what we are doing here.

So in a nutshell when there is more money in the account

the performance is given more weight

and when there is less money in the account

the performance is given less weight.

So if we look at my funding history with this account

I essentially went from a $100 portfolio

and then I ramped it up outta nowhere up to $1,000

and then I ramped it up really heavily this month

by investing about $5,400.

So because I funneled money into this account

in such a short period of time that return in that period

carried more weight than the previous returns

which gives this a really scary number

but the reality of the situation is

that it is not nearly as bad as it looks here

when we consider the time-weighted return visible over here

which we'll go through these numbers in a second.

And guys as I dollar cost average more money

into this portfolio

and follow a more consistent monthly funding basis

these numbers right here will begin to be more accurate

and reflect a more useful number because as of right now

because of the rapid funding of this portfolio

this data is pretty skewed right now

and it's not very useful to us.

So that is my explanation there guys

and as far as my thumbnails go

I am still going to continue to use these figures

in those thumbnails and hopefully over time, like I said,

they will begin to make more sense

and be a more useful benchmark for this portfolio.

So that being said guys,

let's jump over to the portfolio activity.

We didn't earn any dividends in the month of January.

The last dividend we earned was back on December 27th.

But as you can see here in January

the first deposit here was $500.

The following week another deposit of 500,

then I had my additional deposit of 1,056.64,

then I had my third $500 deposit,

then I had my additional deposit of $2,434.86,

and my final $500 deposit for the month of January.

So a lot of money went into this account

in the month of January.

If we jump over to my Holdings tab

you can see that we do have a brand new stock

in this portfolio and that's going to be the primary focus

of this video

is why I've decided to add Walgreens Boot Alliance

to this portfolio.

And as we can see here looking at the returns,

we have a slight return here so far from IBM up 4.72%.

We are down about 4% in my new position here in Walgreens.

3M took a pretty nasty hit here on a bad earnings report,

which we'll discuss in a little bit

so they are currently down 10.82%.

We're up around 16% in Amazon, 13% in Microsoft,

15% in Apple, 17% in VOO,

and if you guys missed the first video

these are all just 1% allocations of this portfolio

because they were already in here

and I just didn't see any reason to sell them.

But if you guys disagree with me

and you'd rather see me sell them

because technically speaking Amazon does not pay a dividend

so they shouldn't be in this portfolio.

Well let me know what you guys think about that

down in the description below

and I'll read and respond to all those comments.

So that is how the portfolio has performed

and overall we're down 2.8%

which when you're investing in individual stocks

you have to be comfortable with these fluctuations

within your portfolio.

If you're not then investing in conservative index funds

because you won't see that type of fluctuation occurring

where you may see like I said here a 10% drop

in a stock I just started acquiring

because of the fact that they reported bad earnings

but we will talk about that in a minute.

All right, so let's start off

by talking about the newest addition to my portfolio

and that is a company called Walgreens Boots Alliance

and so this is a very logical pick in my opinion

for this portfolio based on the dividend yield

as well as some other fundamental indicators

like the price-to-earnings ratio.

So I wanted to put a healthcare stock in this portfolio

and I was debating

on whether or not I wanted to invest in CVS stock

or Walgreens Boots Alliance and real quick guys

I wanna do a shoutout here to ppcian.

He has a great YouTube channel

that is solely dedicated to his strategy

of dividend investing and he put together

a really helpful video analysis on Walgreens stock.

I'll put a card in the corner

and I'll link to it in the description below

and that video was really helpful for me making my decision

of whether or not I wanted to buy a Walgreens stock

or did I wanna buy CVS stock?

Now earlier in 2018 I believe it was

or it may have been 2019,

I can't remember exactly but General Electric

was booted from the Dow, which is the 30 ya know companies

that are seen as very reputable, reliable companies.

General Electric fell out of favor,

Walgreens Boots Alliance replaced them in the Dow

and it's funny because oftentimes

these new components of the Dow end up doing really poor

in the short term.

So if we look at the overall performance here

of Walgreens stock in,

I'm just gonna call it Walgreens from here on out,

we'll explain the Boots Alliance part in a minute.

You will begin to see

why I decided to begin investing in this stock.

So over the last six months it's actually gone up

and then it came back down here

but if we look at more of a longer term here

we can see the stock has been in a bit of an overall decline

over the last five years

which has given it a really strong dividend yield.

So as far back here

if we're looking at somewhere around July of 2015

this stock was around $95 per share

and now it is trading at $51 per share

so it's right near a five-year low

to be purchasing a dividend aristocrat.

And if you guys are not familiar with what that means,

that means this company has grown their dividend

every single year consecutively for more than 25 years

which is a really prestigious award for this company to have

and if you want that specific number,

well this company has been growing dividends

for 44 consecutive years.

So I'm very confident

in the dividend that they currently offer here,

which right now is a yield of 3.52% and in my opinion

based on the charting I'm not saying in the short term

this may go down five or 10%

but if we look at the next five years

of ownership of this stock I would expect this

to be a pretty decent entry point

to start dollar cost averaging into this healthcare giant.

So I just wanna read to you guys

the profile here of this company.

I'm not gonna read the whole thing

just to give you a general idea.

Walgreens Boots Alliance operates over 15,000 locations

in 50 states and 25 countries.

The core defensive positioning

is primarily around the pharmacies

that are placed in high traffic locations.

I'm sure we've all been to a Walgreens store

or we have been to a Boots store if you live over in the UK.

Currently the company has

the largest retail pharmacy market share

around 20% excluding mail,

which provides significant cost advantages and scale.

Annually the company generates over 140 billion in revenue

consisting of US retail pharmacy around 75%,

international pharmacy around 10%,

and pharmaceutical wholesale around 20%.

So in a nutshell through the three different entities

all under the one name here,

Walgreens Boots and Alliance Healthcare

are involved in the pharmaceutical retail space

as well as the general beauty retailer

through the Boots stores

and then through the Alliance Healthcare

it is in the field of healthcare supply.

Now overall one of the core reasons

why I chose Walgreens stock over CVS stock

solely looking at what this company's been doing

in the last couple of years,

I prefer Walgreens based on the fact

that CVS began following this strategy

of acquisitions through debt.

Now this was massive news last year in 2019

and that is when CVS purchased

a massive health insurance company called Aetna

for an astounding $69,000,000,000 in both cash and stock.

So for me personally

I didn't like this acquisition through debt

and diluting the outstanding shares for shareholders

so overall I just didn't like this strategy

and not to mention there were a few other reasons

why I made this decision.

So another one of the reasons here

is that Walgreens currently offers a dividend yield

of 3.52% at a price-to-earnings ratio of 12.8.

If you don't know what this is

we're doing to explain that in just a minute.

I wanna compare this to CVS

which currently offers a dividend yield of 2.95%

at a price-to-earnings ratio of 20.12.

So based on the earnings of these companies

we derived the price-to-earnings ratio

which shows you how expensive

or how cheap these shares are

based on the relative earnings of these companies.

And basically since Walgreens has a much lower PE ratio

than CVS they are significantly less expensive.

This company here is 20 times their earnings

in terms of the share price whereas Walgreens stock

is trading at just 12.8 times their earnings.

And so basically both of these stocks, in my opinion,

are what I would call cheap

based on that price-to-earnings ratio; however,

Walgreens is what I would call really cheap

trading at a 12.8 PE ratio.

For comparison's sake here,

if we look at the overall S&P 500

which is the 500 largest publicly traded companies

on the US Stock Exchanges, well the PE average is 24.38.

So Walgreens stock is give or take about 50% less expensive

based on their earnings than the average market right now

and even CVS is less expensive than the market average

and that PE ratio is one of these helpful indicators.

It's not the only one but it does give you an idea

of whether or not this company is expensive or cheap

based on other companies in that industry

or based on the overall market.

So based on that PE ratio,

I was comfortable diving into Walgreens stock.

So to circle back now I know we mentioned the fact

that this is called Walgreens Boots Alliance Inc.

and I wanna explain exactly why that is right now.

So basically a lot of people don't realize this

but through Walgreens stock

you also own a pharmacy/beauty retail chain

in the United Kingdom known as Boots,

hence the name Walgreens Boots Alliance,

there's where the first two parts come from.

However, there's also a third company in the mix here

which is Alliance Healthcare.

Now Alliance merged with Boots in 2006

to form a company known as Alliance Boots

then in late 2014 Walgreens purchased Alliance Boots.

So through this stock you get exposure

to both the US and UK retail stores/pharmacy chains

as well as a large medical supply company

called Alliance Healthcare giving you diversified exposure

to the healthcare space.

Now as I'm sure you guys can guess here,

one of the reasons why this stock has tumbled recently

is based on the good ole Amazon effect

and essentially that means a lot of these companies

operating these retail stores are worried about

what is going to happen with Amazon?

Now Amazon just recently launched this company

called PillPack by Amazon Pharmacy

which is essentially an automatic delivery service

for your prescriptions.

So obviously this is a massive threat to retail pharmacies

because if people are getting their medications

delivered to them in the mail

well then they're not going to these retail pharmacies

to purchase their drugs

and if they're not going to these stores

they're not walking through them

and making additional purchases in the impulse aisle

or realizing oh while I'm here

let me grab toilet paper and toothpaste

because they are ordering their prescriptions on Amazon

and not visiting an actual store.

Now long term do I see this as a threat to the pharmacies?

Absolutely, but in the short term

I would actually have to argue

that I don't think this is as big of a threat

as it seems right now

and I think right now based on the PE ratio

Walgreens is priced at a level

like they're literally going out of business.

And so my logic behind this

is that most people out there

who are taking prescription medication are older

and that is just a given fact.

As you get older you have more health issues

and you need more medication.

And the people who are using Amazon primarily

is the millennials and the younger generation.

So yes, 20 years from now, 15, 20 years

as this generation gets older

this is going to be a massive threat to these pharmacies

but I believe that the older generation

is still sticking to what works for them

which is going to the pharmacy,

picking up their medications in person,

asking questions if need be, and so I don't see this

as a massive threat in the short term

because it's older people

who tend to go to these pharmacy locations.

Let me know what you guys think about that.

Do you agree with me, do you disagree?

Drop me a comment down below.

Now the good news is that Walgreens and CVS

are not sitting there just willfully blind

to this Amazon effect because they are doing things

to try to combat this potential threat.

One of the biggest things they are doing

is offering in-store services

because that is something Amazon just cannot compete with

unless they're literally going to start mailing doctors

to people's houses.

So for example

Walgreens recently rolled out Jenny Craig

at Walgreens stores

where they will be offering meal planning

and other one-on-one consultations.

Similarly, CVS rolled out something called Minute Clinic

where they offer quick vaccinations, screenings,

and treatments right there in the store

and so by offering services instead of just the products

that gives them staying power in this market

where it's primarily shifting to online ordering.

Speaking of online ordering, we also know that Walgreens

is testing out drone delivery of medication,

partnering with a company called Wing Aviation

owned by Alphabet a.k.a. Google.

So they're not blind to the fact

that people are gonna be ordering prescriptions online

and they are investing in related technologies.

Now another key differentiator here

between Walgreens and CVS

is kind of a topic that is sensitive

but that is the topic of should these pharmacies

be selling tobacco products?

So years ago CVS came out and said

no we are done selling tobacco products

and Walgreens still does.

Now personally speaking I don't invest in these sin stocks.

You wouldn't see me out there buying a tobacco company

but I will be honest,

looking at this from a revenue standpoint

that is a big money maker for these stores

and so it's not my favorite reason for buying Walgreens

but it was one of the reasons why I chose Walgreens over CVS

because they still had the potential to make money

from those tobacco sales

which are ethically ya know somewhat irresponsible

to be selling tobacco

at a store designed with health in mind.

So I'm sure down the road long term

they will also ban these product sales eventually

but for the time being this is an advantage they have

over CVS in terms of revenue.

Now another important thing to mention here

when talking about Walgreens

is that they have also been purchasing Rite Aid stores

particularly in the northeast.

And I actually visited a former Rite Aid store myself

where I took my thumbnail photo

and that store had been transitioned

to a Walgreens location.

So in 2018 they purchased 1,932 Rite Aid stores

and three distribution centers

for a 4.4 billion dollar in cash deal.

Now back 2015

they tried to perform a 9.4 billion dollar merger

of Rite Aid and Walgreens; however, that was blocked

by the FTC based on antitrust regulations,

a.k.a. if Walgreens owned all of the Rite Aid stores

they would have a monopoly on the pharmacy space.

So instead they purchased roughly half of the stores

and the other half were sold to the grocery giant

known as Albertson's.

So in a nutshell what I personally see here with Walgreens

is a dividend aristocrat

with a 40+ year dividend growth streak

at going out of business prices

when that is just not the case, based on what I'm seeing.

Now in the long term yes Amazon is a threat

but I think right now

people have just been scared out of this investment

and I don't think it's really as murky

as they think in the short term.

That being said, there is a major con here with Walgreens

and I'm gonna credit, again ppcian for pointing this out

and that is what exactly is the mote here for Walgreens

in the Boots store here?

Because looking at my other investments here,

looking at IBM and 3M one of the major assets that they have

is their intellectual property

and I like the way Ian put it in his video.

He said what exactly is the secret sauce here

that Walgreens offers?

What would stop Amazon

from opening physical pharmaceutical stores?

I'm not sure if they would

but what stops them from doing that

and what isolates Walgreens from their competition?

There's just not really a clear answer on that

whereas companies like IBM and 3M

have all of these patents and technology and systems

that another competitor just could not replicate

and this protects them from their competition.

But all of that being said guys,

I am comfortable with Walgreens,

I'm excited to be investing in this company,

and I'm looking forward to seeing where this goes long term.

So right now my portfolio mix is 32% 3M,

32% Walgreens Boots Alliance, 32% IBM,

and then 1% in these smaller pieces of my pie

and I'm not gonna sit here and say

that I'm not gonna buy another stock for a while

because if I do see a good sale taking place I will

but I would say

based on where I'm at right now it's unlikely.

I may just stick with these three stocks for now

before I find another company in a different industry

that I want to diversify into.

So moving on now let's cover an update here on IBM stock.

If we jump over to the Holdings tab

my current return on investment

in a very short period of time is 4.72%.

So overall I'm very excited about my IBM investment.

So in the month of January

we found out that IBM

is working with a fintech company called Broadridge

to offer cloud-based services to their clients

through private cloud offered by IBM.

A lot of people may be familiar with this company

and not even realize it.

This is one of the companies that's responsible

for mailing out those voting proxies

when you are an owner of a publicly traded company

with voting rights.

So if you've ever received a voting proxy in the mail

there is a good chance

that it actually came from Broadridge.

Another big piece of news under IBM,

under the block chain arm is they secured a patent

for a self-aware token designed to record events

of offline transactions.

We also saw IBM's artificial intelligence technology

on display at the 62nd Annual Grammys.

According to Tech Republic the team at IBM

took over 18 million documents and data sources

on this year's Grammy nominees

and distilled them down to the most interesting nuggets

about each of the artists to create a modern day version

of the 90's Pop-Up Video.

So kind of an interesting use of their technology

and getting back into the public eye

and essentially reminding people

hey this company still exists.

And then finally the piece of news I'm really excited about

their quarterly earnings report was really good.

After five straight quarters of decline

IBM showed some revenue growth

for their earnings report this month.

They ended up with a top line and bottom line beat

which means the earnings and revenue

beat what Wall Street analysts were expecting.

And essentially what they said here

is that the Red Hat merger is paying off

and the cloud business is growing

and Red Hat hit $1,000,000,000 in revenue

for the first time ever and honestly guys

I love that Red Hat company.

It's kind of a thorn in my side

because a couple of years ago

somebody recommended that I invest in it

and I don't personally take stock tips

because they're a dime a dozen out there

but Red Hat was one that really did pay off

but I'm glad that IBM owns it

and I'm glad I have a piece of that company

and the cloud business is still growing rapidly as well.

They saw 20% plus growth in both cloud

and Red Hat in this quarter

and they're also largely focused on paying down debt

at this time.

So overall this was a great quarter for IBM.

It may be a sign of things to come

after a long period of decline

and this may get new investors excited

about getting into IBM so we may see a bit of a rally here

in the short term with this stock.

So finally we saved the worst for last in this case here,

or the best depending on how you look at it and this is 3M.

I'm down just about 11% in this stock

and they ended up having a really bad earnings report

very recently here which dropped the stock

and so that is why in the short term I am down on 3M.

So here's what we found out.

Last week on Tuesday 3M reported earnings

that were not so great and the stock dropped 5.72%

and here's the thing guys.

Like I said, as an individual stock investor

you need to be comfortable stomaching these highs

and the lows.

If you're not comfortable with that,

that is why they have index funds

and other types of diversified products

that you can invest in.

So essentially here's what came out in the earnings report.

They reported earnings of 215 a share versus 210 expected

but there were a number of charges

related to restructuring and litigation

giving them adjusted earnings of $1.66.

Essentially, these figures were not accounted for

or planned for.

They also lowered their forward-looking guidance for 2020

which is something that analysts just don't like to see.

They announced they expect to earn 9.52 a share in 2020

versus Wall Street expectations of 9.59 per share.

Now this isn't a huge deal.

We're talking $.07

but this is something we have to consider here,

that 3M has not been doing very well over the last year.

I mean if we look at the last year for this stock

they went from 220 a share down to like 150

during a time when the market is just roaring ahead.

So a lot of investors may be frustrated here

and some people may have just been ready to jump ship.

Then we had a bit of a phantom rally here

and then we came back down to Earth.

Now we're trading around, like I said here, 160 per share.

Earnings guidance was cut multiple times in 2019

which essentially means

the amount of money this company expected to earn

in the future they offer figures on this

and then they change their mind and lower that figure,

it's just something

that investors and analysts do not like to see.

Overall the segments that were hurting right now

are the safety and industrial division

as well as the transportation and electronics division.

They were also involved in more litigation

over PFAs which are a harmful substance

that they were producing

and it's been found to be harmful to the public health.

This is a type of chemical

that was manufactured from the 1940s to the early 2000s.

Here's what the CEO had to say on the matter.

He said 3M discovered and voluntarily informed the EPA

and appropriate state authorities

that discharges from our Decatur, Alabama facility

may not have complied with permit requirements.

We immediately idled the relevant processes

and took steps to address these issues.

And also we have seen that industrial activity

has tapered off in the US and China.

As we mentioned in the first video

3M operates in many of these cyclical industries

so when you see a slump in manufacturing over in China

and in the US and on the industrial side

well that is going to hurt 3M

as they are a key supplier of products and components

for this manufacturing.

We also saw auto sales fell 8% in China in 2019

which led to retraction in the transportation

and electronics division

and also Boeing halted the production of the 737 MAX in 2019

and since 3M supplies aerospace products,

this has hurt them as well.

They also announced they would be cutting 1,500 jobs

in an effort to save as much as $120,000,000.

So we got a plethora of bad news here.

Additional litigation, lowering forward looking guidance,

and we also found out

that they were laying off a number of their employees

but the important thing to realize here

is this is all short term,

nothing to do with the long-term outlook or trajectory

of this company in my opinion.

Look at it right here guys.

1902, that's how long this company's been around.

They're gonna be around for a lot longer,

nothin' is happening in the long term here

that is going to threaten 3M.

And then we have one final wildcard in the mix here for 3M

and that is coronavirus.

So one side of this argument

is that this is going to hurt China

and hurt sales over there

in terms of manufacturing and related industries.

On the other side of the token who makes all of the masks?

3M is a huge producer of medical masks, respirators

and they are massively ramping up production

to meet demand based on the coronavirus.

So it could help them or it could hurt them

based on those two scenarios so it is a total wildcard.

So anyways guys, that is gonna wrap up this month's update.

I was actually kind of happy

to see a bit of a retraction here

and I'm not just saying that.

I think it makes it more entertaining

and more valuable for you guys

and it gives you a more realistic idea

of what starting positions look like in the stock market.

So it's been a really interesting month.

At one point I was up like 10 or 11% in IBM

but we've seen some market pullback

related to concerns over this coronavirus

and some other factors in general but I'm excited

to dollar cost average more money into this portfolio

and update you next month.

If you wanna see all of these updates

subscribe and hit that bell for notifications.

As mentioned earlier,

if you want a step-by-step training

on how to invest with M1 Finance

that is down in the description below

and I'm also offering that 48-hour only discount

on my stock market investing course

with the discount code FEB20.

With the discount that's literally gonna cost you $77

for a 10+ hour course on investing in the stock market

and I offer a 30-day no questions asked refund policy.

If you buy the course and you don't find it's helpful to you

shoot me an email and I will give you a refund

no questions asked.

So all the links are down below guys.

Thanks so much for watching

and I will see you in the next video.

#Best Education Page #Online Earning

online earning,make money online, earn money online, online earning, online earning sites,

 make money online free, online money income, earn money online free, money online, best way to earn money online, online income site, money earning websites, best online earning sites, easiest way to earn money online, earn money payment bkash, online money income site