Since starting this site 1 year ago, I’ve learned a lot. Through Twitter in particular, I’ve learned a great deal about quality investing and important metrics to consider when analyzing companies. I’ve also learned of a number of new companies, some of which made their way into the portfolio and others that sit on my watch list. At this point, I sometimes feel like I should rename/rebrand the site since I’m not as heavily dividend focused as when I started.
If I had to describe my investing style, I think it’d be the middle, overlapping section of a Venn diagram where the circles are “dividend growth investors” and “quality/compounder investors.” I still enjoy dividends, and prefer dividend paying stocks, but there are many enticing companies out there that pay less than a 1.5% yield, often times less than 1%. These companies seem like great potential long-term holds, although they likely wouldn’t generate meaningful dividend income for 10 or more years.
Considering I have decades until retirement, I think these lower yielding companies actually make a lot of sense from a tax perspective. I’d rather minimize my tax burden now and have those meaningful dividend payments later. Even if I put my entire investment portfolio into high yielding covered-call ETFs like JEPI, I still couldn’t afford to retire. So higher dividends now aren’t necessarily that beneficial in the grand scheme of things.
All that being said, I’m hoping to make some changes to the content posted on this site, which I’ll breakdown in more detail below:
Portfolio Updates
In 2023, I’ll be reducing portfolio posts to once per quarter (March, June, September, December). Frankly, I don’t think they add a lot of value and that time would be better spent working on other types of content. I also think that I’ve really settled into my investing strategy at this point, and overall portfolio turnover will be lower. Essentially, there just won’t be a lot to write about each month and things will become even more repetitive than they are now. I also think with a quarterly format, I can add some additional metrics that could be cumbersome to calculate on a monthly basis.
Analysis
I’ll admit I started slacking in the second half of 2022 when it came to working on company analysis posts. Part of that was laziness, part was not knowing which companies to really dig into, and part was due to being unsure the best way to structure posts. I felt that the content and format of these articles improved throughout the year, but still aren’t up to the level of quality I’d like them to be.
Hopefully, the plan for 2023 is to consistently release at least 1 new analysis post per month. But at the same time, I’m not going to force things and it will depend on whether or not there are companies I feel are actually worth writing about.
General Investing Posts
This is an area I really slacked in, and would like to improve moving forward. However, there’s only so much time in a day and if I had to choose, I’d rather prioritize company analysis posts. Hopefully I can add at least a few posts over the next year to this category, there are a number of areas I’d like to discuss and wouldn’t mind adding some introductory posts to investing as well.
Ultimately, I think things are trending in the right direction. My investing knowledge has increased, the portfolio has been doing well, and I am constantly inching closer towards financial independence. This site serves mainly as a creative outlet for investing-related content, as it’s a passion of mine and one I’ll continue to expand upon over the years.