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Nicholas Ward's Dividend Growth Portfolio: November 2020 Review

Published Mon, 07 Dec 2020 09:42:00 -0500 on Seeking Alpha

Seeking AlphaDividend StrategyNicholas Ward's Dividend Growth Portfolio: November 2020 ReviewDec. 7, 2020 9:42 AM ET|| Includes: AAPL, ABBV, AMGN, AMZN, ARKF, ARKG, ARKK, ARKQ, ARKW, AVB, AVGO, BAM, BEPC, BIPC, BLK, BMY, BMYMP, CARR, CMCSA, CSCO, DEO, DIS, DLR, ENB, ESS, FB, FRT, GOOG, GOOGL, HD, HON, IBM, INTC, ITW, JNJ, KO, LOW, MA, MDT, MKC, MMM, MO, MRK, MRNA, MSFT, NKE, NNN, NVDA, NVO, O, OTIS, PEP, PFE, QCOM, ROP, RTX, SBUX, SPY, STOR, STZ, T, TXN, V, VTRS, VZ, WPCby: Nicholas WardNicholas Ward The Dividend KingsMaximize your income with the world’s highest-quality dividend investments SummaryMy portfolio produced total returns of 11.2% in November.
Year-to-date, I am up 17.95% through the first 11 months of the year.
My passive income was up 26.61% in November.
Year-to-date, my passive income is up 11.66%.
You guys know how these articles start...another month, another step towards financial freedom.
And oh, what a step it was.
Total Returns
The broad markets set records during the month of November. The S&P 500, which is the benchmark that I compare my performance to, was up an astounding 10.75% during November. This rally began with a post-election bounce back from the pretty terrible week that we saw at the end of October. Then, when news broke that Pfizer (PFE) and Moderna (MRNA) had impressive (90%+ efficacy) COVID-19 vaccine results, the "re-opening" rally continued throughout the rest of the month. During the month, S&P 500 closed above the 3,600 threshold for the first time ever and we're still seeing markets make new all-time highs. In short, it's a great time to be a stock holder.
As I've said several times in recent articles, I am skeptical of this rally. I still see a big disconnect between Wall Street and Main Street with regard to the negative economic results and company fundamentals that we've seen throughout 2020 and the rise major market averages. When I look my watch list, which consists mainly of... Read more