2:37 TOPIC 1: MY DIVIDEND STOCK PURCHASES THIS LAST WEEK
3:03 DIVIDEND STOCK PURCHASE: Johnson & Johnson (JNJ)
4:57 Lesson: On Thursday, I made a FOMO (fear of missing out) stock purchase, an indication of the psychology of investing during turbulent times.
5:08 DIVIDEND STOCK PURCHASE: 3M (MMM)
7:08 Takeaway: The 2020 analyst EPS estimates keep going down.
7:49 DIVIDEND STOCK PURCHASE: Starbucks (SBUX)
9:10 Takeaway: 2020 EPS will be low and 2020 PE will be high, so I'm looking out to 2021.
10:30 Takeaway: I'm now dollar cost averaging into dividend stocks in smaller increments. This honestly keeps my head in the game and keeps me more motivated during a declining stock market.
12:06 Lesson: The biggest mistake I made this week was only buying 1 dividend stock on Monday.
13:43 TOPIC 2: LET'S TALK ABOUT THE PSYCHOLOGY OF THIS CRASHING 2020 STOCK MARKET
15:39 Takeaway: There is a fundamental difference about this 2020 stock market crash that is so different than anything before, including thecrash (Great Recession).
16:34 KEY LESSON: This is not a competition. We are all different investors! We all have different objectives and goals.
19:10 CHALLENGE: I will be taking a step back from social media (and media coverage overall) to live my life to the fullest.
19:43 Question: Which companies are the real sin stocks?
12:17 Takeaway: NOW is the time for joking and humor.
23:00 Takeaway: The whole point of dividend growth investing is focusing on life.
23:24 TOPIC 3: 3M (MMM) AND HONEYWELL (HON) FUNDAMENTAL STOCK ANALYSIS
23:14 Let's look at 3M's balance sheet. Someone told me their balance sheet is no good.
27:03 MMM Cash Flow Analysis
19:17 MMM Debt Analysis
32:46 MMM Risk By Business Division
34:59 Takeaway: As a dividend investor, I have to be real with myself.
35:13 MMM Geography Analysis
36:46 Honeywell (HON) Dividend Stock Analysis
41:35 HON Geography Analysis
44:39 TOPIC 3: MY RIDE OR DIE DIVIDEND STOCKS
47:16 TOPIC 4: WHAT IS GOING TO HAPPEN GOING FORWARD?
47:27 Takeaway: Even though stocks have recovered, they are still cheaper than they were!
56:22 Closing, Disclosure, and Disclaimer
DISCLOSURE: I am long Johnson & Johnson (JNJ), PepsiCo (PEP), McDonalds (MCD), Clorox (CLX), Duke Energy (DUK), Procter & Gamble (PG), Coca-Cola (KO), 3M (MMM), Kimberly-Clark (KMB), Starbucks (SBUX), The Home Depot (HD), AbbVie (ABBV), Honeywell (HON), and Realty Income (O). I own these stocks in my stock portfolio.
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