Hey everyone I'm Scott Cunningham aka @scottcbusiness and today we're going to be going through another episode of amateur investing where i cover my dividends crypto earnings growth crypto investments stock investments all that good stuff so that you can see how my financial journey has been going along on the way to retiring in less than 10 years from when i started we are about a year and a half in or so and uh things are looking very good uh just i mean this is very very convenient for me because just today we saw a massive rise in bitcoin and we passed the 60 000 uh usd mark which has been a big milestone psychologically um and we had the stimulus passed so now everyone's throwing all their money at bitcoin and we have a 48 billion dollar pledge uh to buy bitcoin for i believe it's the miami blockchain fund i'm not i can't remember exactly sure but it's a very very rich person from dubai who's pledged to buy 4
8 billion dollars worth of bitcoin we don't know when that's gonna happen but if bitcoin raised uh was raised 15 from tesla's 15 billion then i cannot imagine what 48 billion is gonna do all that being said um everything's looking amazing i tracked this all originally and wrote it down at the beginning of the month so everything that you're seeing now is going to be a lot higher than when i originally marked it regardless though let's uh let's jump into all this just before we get into the video though a word from my sponsor a big thank you and shown it to my sponsors at cakewallet which is an open source non-custodial bitcoin and monero wallet that also has a built-in exchange it's available on ios and android thanks again to my sponsor now for the video uh we'll start with my dividends as we usually do um my total is now 559 dollars worth of dividends earned last month was you know it was an okay month it was 48 dollars so you know not amazing but um you know there's different stocks that pay a different time some are quarterly some are monthly uh and it all kind of works out so as you can see you know uh the actual line like this line here is showing what i'm actually getting and the bar graph is the projected income so you can see that it does fluctuate a lot based on that trend and you know when you get the quarterly payments it's obviously going to go up a lot um and then you know it differs from month to month so you know it's up and down but generally trending upwards so that's very very good to see uh i did a crazy amount of rebalancing with my dividends uh basically continuing to rebalance and shrink it down i will get into all the individual stock buys and all that good stuff very soon but let's just get through all of the high level stuff i've also uh if you i mean if you didn't notice when we just started i have a new camera angle over here so that's really great i mean it's not necessarily a new angle but i got um a mount so that i can kind of move it around and do different things with it i've changed up the background a little bit in the studio here and i've also done a lot of new things for this uh portfolio to visualize things better so you guys i hope you appreciate all the work that i've put into upgrading this you won't see that until i get to the overall stock um the overall portfolio look but it's going to be a lot better visual because before i know it was very um bland when you're just looking at spreadsheets so crypto income not really very much last month because i stopped doing my hive um my hive passive income i'm just powering down all my hive and switching it into ethereum i'm going all in on growth crypto for bitcoin and ethereum for the next six months because i really believe that we're gonna see 200 to 300 000 for bitcoin i'm following the stock to flow model and i've been saying for the past four or five months that if we pass sixty thousand dollars usd uh bitcoin before march 31st the stock to flow model is so accurate that i'm 100 confident that we are going to reach 200 to 300 000 before the end of the year so i might retire this year um anyways though a lot of the uh new crypto passive earnings that i'm getting are coming from mtr from den dot social because unlike steam or hive i don't have to power it up and lock it up for 13 weeks in like for the power down instead on mtr it's completely liquid but i still earn so at any time i could sell but i'm still getting all the benefit of uh of the curation rewards and that passive income just from holding it so a lot of my passive income is going to be coming from mtr going forward really really cool platform and um a much better way to passively earn because again you want it to be liquid so that you can sell when you need to because again i think everything is going to skyrocket before the end of the year and i got to sell most of my portfolio and then buy back in on the crash to really like that's the big difference right you five 10x in the bull run you sell at the top and then you do another 5x on the crash and then you try to get another 10x on the next four years right so that's kind of how you build it at least that's what i'm trying to do so i actually sold out all of my realty tokens not because i don't think it's great i actually did an interview with them very recently that you're going to see very soon i think realty is awesome i promise i'm probably going to be buying back into it in 2022 for the bear run because passive income is really good during the bear run but not so good during a bull run and that's why i sold it i'm going a hundred percent in a bitcoin and ethereum i mean i have a little bit of other things like dash bitcoin cash and lbc but i'm really going all in on my gross stocks i'm about 85 uh not gross stocks growth crypto and i'm very very confident in it so you know we'll see over the next few months how this plays out but i i'm very very confident this is going to work out very well um crypto appreciation like i said i did this at the beginning of the month so we are way beyond this now um but this was what it was at the beginning of the month i think it's important to just have one monthly price update because the price goes way up and then it goes way down it goes way up and if you look at it day to day or week to week it's so volatile and you're like man i don't know if i'm going to gain money or if i'm going to lose money but then you zoom out and you look month to month um there's only one month where i lost point 34 and every other month has been uh almost uh almost every other month has been double-digit gains except for september which was just seven percent which is still amazing for one month um but then we've seen months with like hundred percent gains so you know it's pretty crazy um oh this should actually be updated to the next value here there we are um so 127 000 just completely amazing you'll see the updated value when i take a look at the uh total um portfolio but this is just updates as i go through each month at the beginning of the month so for my stocks um i also recorded that it is it was slightly down because i sold off all of my amd i sold off my my gold stocks i sold off all of my growth stocks and i put everything into bitcoin mining stocks because again aligned with what i expected to happen which is what is happening now is bitcoin is just skyrocketing and naturally i expect bitcoin mining stocks to do that as well and the only reason that i invested in bitcoin mining stocks instead of bitcoin directly was so that i could get exposure to bitcoin and i think mining stocks are going to go up more than just a bitcoin etf i want exposure to bitcoin within my tax-free savings account so that i can get that benefit from bitcoin all those gains without having any concern about that tax and just increasing the amount of money within my tfsa without increasing my contributions so that i have more money to work with to build more dividends in the future um i don't like normally investing in growth stocks but i am so absolutely confident in bitcoin that investing in bitcoin mining stocks uh isn't a very hard you know rationalization to make and with what we've seen with bitcoin uh today i really expect this monday that bitcoin mining stocks are just going to go crazy um and i expect to cash out on those sooner than later because it was just a short-term thing i don't think i'm gonna wait till when i sell bitcoin to sell my mining stocks uh because the stocks was kind of just like a a short-term thing i don't like doing growth stock investing it just stresses me out i feel way more uh just safe and and and risk free and just you know not stressed out when everything is just in my dividends and they're doing really well and they're just you know getting me money and performing really well um because if we actually look at my dividends i'm up 1146 on my dividend stocks some of these stocks are up upwards of like 50 percent um some of these bank stocks here 67 39 49 got a bunch of um etfs here look and here's the crazy thing right these are just generic etfs that just hold you know just a bunch of of stocks um in canada and these etfs are up 30 30 20 38 30 that's why i think it's a great idea to have you know a decent chunk of your portfolio in etf so you don't actually have to like keep up with all the individual stocks and worry about all that um my real estate is is still doing okay as well um but most of it isn't you know crazy except for this one retail reit that i have for grocery uh grocery stores mainly otherwise i'm not a big fan of any kind of commercial real estate especially right now with everything struggling to pay bills getting shut down all this craziness everything switching online it's better to just uh invest in residential real estate so that's what i've been doing but my main focus has been real estate insurance utilities and banking so all the rebalancing that i did was just selling off a lot of things like some of my consumer goods all of my food and grocery i'm just i'm done with that market um and i just went all in on banking insurance real estate and a little bit more into utilities so what the actual breakdown looks like is this i really simplified the portfolio and they usually say you shouldn't be more than 15 into any sector however i'm just really all in on these three sectors mainly um and then utilities is kind of like another safe sector but it's a little more secondary and then i got about almost 25 of my portfolio in just generic etfs that are performing very very well part of what i did with this rebalancing was also just selling off all of my low yield stocks and moving into the better yield stuff and it's not that you should chase yields but if you've got stocks they're all in the green uh you like both of them one pays five percent one pays three percent you might as well just go in all in on the five percent one but it really depends right because usually ones that are lower um tend to focus more on growth so you might get more appreciation whereas the ones that have a higher dividend usually tend to be putting more of their money to that so less growth so it really depends what you're aiming for personally i would rather get more dividends uh than growth but that's just me because i'm all about passive income and compounding my interest and then keep building that up um but that's just generally my focus so you can see on average i'm getting about 477 percent yield the gen the general aim is five percent so 4
77 is perfectly fine uh and considering the whole you know dividend stock portfolio investing overall is up about three thousand dollars um you know no complaints on buy-ins right so uh that's about 109 a a month oh like when you average it out over the year um but do keep in mind i'm not getting any more real t payments so you know that's gone and so is my hive payments that's gone um so it looks like i might be getting less but i'm really getting like way more dividends than i used to i think before it was like 70 something and now it's 96 so you know a very very drastic difference in how much i'm actually getting for my dividends and then once all of my bitcoin mining stocks play out i'm gonna sell all those and just keep filling up my reits insurance and banking stocks because this has been doing amazing and compounding interest is a very powerful financial tool i will be talking a little bit more about compounding interest in another episode very soon to kind of visualize and go through a perfect example of how much money you can make if you if you try compounding interest and actually showing what that would look like if you were to give one thing up and then put that money into that but we won't worry about that for now um so my growth investments which is my ma which is just bitcoin mining stocks right now i've mainly zeroed in on hive dm and dm gi um the main reason is and these are all canadian stocks the main reason that they're down was just because i guess i messed up and i bought it a little bit after that original bump and then they went back down but now we are in the territory of all time highs so even though even though i'm down 29 which sounds you know absolutely terrible uh 1500 definitely sucks but now that we're in this crazy time for bitcoin given we don't see a massive sell-off in the next two days i expect that these are going to be well in the green and i might sell off my original investment or maybe like half or something because i also don't feel super super good about these because of how how much they've pulled back um but you know at the end of the day i know these are going to go up with bitcoins so i really expect these to be either close to even or in the green by monday and depending on how you know much money i've made on these i will take some profits and then leave the rest in for when bitcoin really starts to go crazy so i can make a nice profit off of these and then just put it all back into my dividend stocks um so that is that as i mentioned before mtr is how i am getting passive money now i didn't earn very much mtr in the previous months but now that i've invested in mtr um i'm going to be getting quite a bit and you will see that in the next update for march so going forward i should be getting quite a bit of mtr and i expect the price to increase uh quite a bit as well so you know definitely keep a look out for that you can see the split here i still have all the hive because i'm slowly powering it down but uh you know that's going to take a while 13 weeks before i can actually get that out and i do have quite a bit of mtr like normally i don't go and buy this much um and actually i've been earning a decent amount so it's actually like that's the actual correct amount now um but i really really like what densocial is doing as i mentioned before because it's liquid i feel a lot more confident with that cryptocurrency and it's very scarce so having some is pretty ideal early on um but that's just my take it's it's definitely in my top 10 recommended now so that's that um i won't bother going into the growth crypto because we'll look at it in the total thing here so this is the new part i built out for you guys this is the really nice overview of the totality of the portfolio all visualized very nicely with with all these charts and graphs i hope this is a much better visual for you guys to uh see this data let me know though so when we go over to uh my growth crypto you can see very very good it's now worth 164 000 um up like 40 000 something from when i originally clocked it in at the beginning of the month which is insane um but yeah everything has been going up this isn't canadian so 85 000 um is amazing um but it's close like bitcoin is like 61 000 or something like that us right now but yeah everything is performing very very well my lbc is going up a lot like i'm starting to get a little stressed out with how much lbc i have because i have about forty thousand dollars worth of lbc and um that's more than i'd like to hold um in one currency because like the only things that i'm okay with having a ridiculous amount of is bitcoin and ethereum i really like lbc but it is starting to stress me out a little bit for how much that i actually have um but we're gonna keep holding that we're gonna try to wait and catch the uh the crash before it happens the problem here is that most of my lbc 100 000 of it is locked up until february of 2022 and i expect the crash to happen before that so i might not really get you know all the benefits for lbc but i'll get everything else we already looked at this this is for my passive income most of it is just coming from dividends this is just to visualize where it's coming from again i add my royalties and stuff as it comes in so even though i generally earn 100 to 200 a year i don't clock it in until it actually has come in so that will be a bit of a of a jump once that actually you know comes in and i actually start you know recording it but until then i'm not going to assume that i'm going to get earnings because for all i know people could just stop listening to the music that i made um which is a whole other thing i keep the music stuff separate but if you're really really interested you could dm me and i could probably send you something um so this is the total wealth breakdown which we'll get to in a moment we already looked at the stock breakdown uh growth sector all in cryptocurrency stocks so we already know that so that actually is everything all right so we'll take a look at the total portfolio breakdown now let me um first i'll show you this because i'm kind of blocking it i guess so you can see how everything plays out 71 is in growth crypto got like one percent of crypto dust which is just like very small amounts that all add up um my locked lbc that i mentioned is 11 percent is in passive crypto and then i've got 14 in stocks three percent is in my bitcoin mining stocks and 11 is in dividend stocks and etfs and then i've got one percent in precious metals so i've got about 84 85 in crypto which is fine with me that's where i want to be you can see how uh this all you know tracks out i sold my realty we've got you know we've got a lot of stuff here i wanted to make this as accurate and transparent as i possibly could so i also added in um my taxes and and student debt and stuff that i have to pay still so that i'm not like inflating what you know my net worth really is so this is the most accurate net worth that i can you know get for you guys um which is two hundred and eighteen thousand dollars which is phenomenal um again never expected to be here this quickly but it it's just about starting right before i started couldn't didn't have much money was broke half the time uh paycheck to paycheck then i was like you know what i'm changing everything i'm investing everything i'm saving everything changing everything that i do to make this work and here we are less than two years later 218 thousand dollars so that's what these videos are all about is showing this journey as to how this was possible and then by the end of the year if i'm you know at a million dollars or whatever and i get to retire then this was to show you how this was all possible um and i don't want you to copy everything i do because that's not a good way to trade but this is just to give you an idea of what you can do and kind of just showing you step by step with 100 transparency how these things could play out if you were to go down this path like i have been and um it has been extremely impactful for me uh basically life-changing i might be able to retire this year i'm only 26 you guys i started doing this when i was 24 so yes it's amazing what you can do uh investing is not a rich man's game it is a poor man's game to become rich you have to start by investing um and that also starts with you know budgeting being frugal saving your money a lot of things all kind of go together but you have to start before you can really get into it the biggest thing is people are like oh but i don't know what to do did it it's like look just throw a hundred dollars at anything just start and you'll find your way as you go because you'll never be ready um you just you just gotta start i mean obviously build up a savings uh like an emergency fund first and then go from there but you need to just start again none of this isn't his financial advice um this is mainly financial entertainment and all of my stocks everything i'm showing you here is 100 accurate but all of my crypto that i'm showing you here is alleged or potentially simulated uh this has to be said and included in this disclaimer for tax purposes uh but anyways i appreciate you guys for watching let me know how you're doing where is bitcoin going uh are you invested in passive crypto passive income are you focused more on growth what are you doing for stocks what do you think about wall street bets what do you think about bitcoin what about the 48 billion dollars that we should be expecting for bitcoin coming in what do you thinks can happen with the stimulus so so much to uh to keep track of let me know all that good stuff in the comments below and if you did watch to the very end of this video i really appreciate it make sure to comment hashtag number one ham in the comments below and as always thank you so much for watching I'm Scott Cunningham aka @scottcbusiness cheers
