Never Buy These High Yield Dividend Stocks

Today we’re going to take a look at some of the worst of the worst when it comes to high yielding dividend investments. These are investments that currently offer very high and attractive yields, but I don’t believe anyone should ever consider holding these as long term investments. It doesn’t matter how discounted they are or how much they pay in dividends. All of these companies have shown to have fundamental issues and therefore have struggled for most, if not all, of their entire existences. All of these investments I’ve been asked to review at one point or another because of their extremely high yields. So I figured it would be a good idea to look at some of the most popular ones.

[tonysilke]

If I had $360k I would invest $100k in tech & $260k into dividend stock with a proven track record to grow with capital appreciation & dividend increase year over year

[raztaz]

GPMT (Granite Point), GECC (Great Elm), ORC (Orchid Island)

[Beatricegove]

My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.

[tristonwebb]

The landfill at the start was hilarious

[MasSamurai]

I am happy i invested in ORC when i first started because it taught me a lesson in this. This was a first mistake and a great lesson to learn!

[lucasanderson]

Stocks in the short term look more likely to move downward. I Just inherited $500k which I Look forward to invest. Is this a good time to invest aggressively or be reserved.

[TortoiseInvesting]

Always see people recommending stocks never want not to buy, awesome stuff man!

[nad]

On etrade, if you own CLM or CRF, if you sign up for DRIP, they will DRIP at the NAV price vs market price. ;-)

[charminghustler]

Thank you so so much! This type of videos is absolutely clear necessary. I do appreciate it!

[SpeakerBuilder]

And again with ORC, since I bought in the past year at $9.66 a share, the price drop since then has been very small and is fairly stable for nearly a year in a very difficult, high interest market, and the dividend payments are yielding nearly 14% for me, so even if they cut their dividend in the future, it will still be a worthwhile investment.

[jaypaladin-havesmartswilll]

Great video with proper analyst and warning.

[GillerHeston]

Initially, REITs investing in healthcare seemed like a solid choice, especially with aging populations. However, experiencing a significant -40% loss in $MPW equating to around $160k has left me questioning whether to sell or continue holding.

[ronmiller]

I took you advice and got out of orchid island a long time ago, best decision. Thank you for your videos.

[holyhandgrenadeofantioch]

As an MPW bag holder, I am insulted by not making this list.

[MSlocum]

Thank you for your work. Do one on NEP please.

[cripz]

Thanks for the advice on avoiding certain assets to stay away from.

[SpeakerBuilder]

GECC has done quite well in the past year, and has been fairly stable in its share price and its dividend payments, and so it looks fine from my perspective having just bought into this stock at just over $10 a share, and it is paying a very good dividend at $10, so even if the dividend payment drops again, it will still be good.

[nickingrao]

Hello sir - I’m a subscriber and Patreon member on your channel. I’m interested in starting to build income streams in my portfolio, but I really don’t know where to start. The idea of straight dividend growth stocks is largely unappealing to me, but I do worry about higher yielding investments that do not appreciate at all over time either. Can you point to your portfolio to a handful of securities that are your favorites that I can evaluate for myself

[SethroBodine]

AGNC has been my worst pick 🤣 live and learn

[Patriciabanks]

Because of dividends, I first began investing in stocks. It's important, in my opinion, to be able to live off of dividends without selling if you invest and make other income in addition to payouts. It suggests that you may pass that down to your kids and give them a leg up in life. Over the years, I've invested over $600k in dividend stocks; I continue to buy more today and will keep doing so until the price drops even further.