Every month, I invest part of the profits of my online business into passive income generating assets, like dividend growth stocks, real estate crowdfunding, and Peer-to-Peer lending.
In order for you to see what works and what doesn't work, I publish those reports every month so you can replicate my investment strategy and see what I do month after month to grow my investment portfolio.
During the month of November, I sold some of my dividend-paying stocks, especially some or all my positions in:
- Aflac (AFL)
- Johnson & Johnson (JNJ)
- Münchener Verein Versicherung (MUV2)
This is due to the fact that they went into what I call the 'red zone' for dividend-paying stocks, where some or all of those conditions were fulfilled:
- Their P/E ratios were quite high (above 40 for some of them), meaning the stock is overvalued and the yields low
- Their payout ratios approached 100%, meaning that they might do a dividend cut in the future
- I am making a capital gain compared to when I bought the stocks :)
I'll also come soon with an article that talks more about my process to decide when to sell dividend-paying stocks.
I already reinvested some of this cash in real estate crowdfunding platforms like Housers, Property Partner and EstateGuru. For the rest of the cash that I got from selling those stocks, I am considering investing in other dividend-paying stocks as the market took a hit lately, which is perfect for dividend investors :)
For the rest of my portfolio, I reinvested all the gains coming from Peer-to-Peer lending platforms & from real estate crowdfunding.
Without further due, here is the state of my investment portfolio for the month of November: