I'M LOSING HUGE MONEY (Hawaiian Electric Dividend Stock)

This week, I lost a large sum of money in the stock market, due to a plummeting stock that I own. Learn about my experience, and also how I view risk management in my personal dividend stock portfolio.
#dividend #stock #investing

Timestamps:
0:00 I lost a significant amount of money in the stock market this week. I have a stock that has fallen 63% from its 52-week high.
0:33 I believe investors are faced with more rick than ever before, especially investing in individual stocks.
0:47 SEGMENT 1: RISK FACTORS IMPACTING DIVIDEND STOCK INVESTORS IN 2023
1:13 IMPORTANT: My heart goes out to anyone impacted by environmental disaster.
2:17 Starbucks (SBUX) Stock: Possible geopolitical risk
2:50 Hawaiian Electric (HE) Stock: Possible environmental and litigation risk
3:09 Johnson & Johnson (JNJ) Stock: Possible litigation risk
3:40 IMPORTANT: I'm speaking from an investor’s standpoint. My heart goes out to anyone facing challenges.
4:02 SEGMENT 2: MY CONCENTRATION OF RISK IN MY DIVIDEND STOCK PORTFOLIO
4:11 If SBUX tanks, I could lose 5.5% of my portfolio quickly.
5:10 If JNJ tanks, I could lose 4.75% of my portfolio quickly.
5:27 If PEP tanks, I could lose 4.5% of my portfolio quickly.
6:24 If MCD tanks, I could lose 4% of my portfolio quickly.
7:11 SEGMENT 3: WHAT I'M DOING TO LESSEN INDIVIDUAL COMPANY RISK IN MY DIVIDEND PORTFOLIO
8:02 I'm investing in SCHD!
8:42 Largest position AMGN represents about 4.5% of SCHD. So, there's concentration of risk there as well!
9:14 It takes a lot to influence me to place money anywhere but SCHD (until SCHD represents 20-30% of my portfolio).
9:41 Treasury Bonds also dampen portfolio volatility.
9:56 I also rely on broad-based diversification.
10:21 SEGMENT 4: WHAT HAPPENED THIS WEEK WITH HAWAIIAN ELECTRIC
10:50 Lahaina, Maui wildfires are tragic and terrible.
11:36 We are seeing more natural disasters, and them impact investors.
12:22 HAWAIIAN ELECTRIC (HE) DIVIDEND STOCK ANALYSIS
12:51 S&P downgraded HE to junk status.
13:04 63% down from 52-week high.
13:22 Dividend yield is 8.9%, but the dividend may be cut or suspended.
14:00 Is the company just being valued for their bank at this time? Is the utility worthless, or even a liability?
14:25 LESSON: Regulated Electric Utilities have historically been widow and orphan stocks. I don't believe that's the case anymore.
15:12 This company has been in business since the late 1800s.
15:25 This stock comprised 2.86% of my portfolio, and now it’s down to about 1.3%.
16:17 3M (MMM) is another dividend stock that may have environmental (and litigation) risk.
17:21 Share in the comments what you think about risks involved in dividend stock investing.
18:04 DISCLOSURE AND DISCLAIMER

DISCLOSURE: I am long Starbucks (SBUX), Johnson & Johnson (JNJ), PepsiCo (PEP), McDonalds (MCD), Hawaiian Electric (HE), and SCHD. I own these stocks in my personal dividend stock portfolio.

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