For the first time ever, my crypto exposure is greater than gold. We apologize, but this video has failed to load.
Tap here to see other videos from our team. Try refreshing your browser, or Kevin O Leary sees 'trillions' coming to crypto — but he still loves these income stocks That s what investment mogul and Shark Tank personality Kevin O Leary told Stansberry Research in an interview earlier this month. In fact, Mr. Wonderful plans to double his crypto holdings to 7 per cent of his portfolio by the end of this year, largely because he sees trillions of dollars of interest coming into the space. That said, O Leary s largest investment fund, O Shares U.S. Quality Dividend ETF OUSA doesn t invest in crypto at all — instead it seeks businesses with strong profitability, balance sheets, and dividend growth. While Bitcoin is certainly becoming mainstream, it s still important to maintain ample diversification with income-producing stocks.
What are the top three holdings of O Leary's flagship fund? One or all of these dividend picks might be worth purchasing with your spare change Home Depot NYSE: HD isn t nearly as exciting as crypto, but it s the top holding at OUSA accounting for 5.3 per cent of the fund s weight. The home improvement retail giant has around 2,300 stores, with each one averaging approximately 105,000 square feet of indoor retail space — a size that dwarfs most of its competitors. One thing that makes Home Depot stand out is how well it performed during the pandemic. Many brick-and-mortar retailers have struggled since the beginning of COVID - 19. Yet Home Depot grew its sales nearly 20 per cent in fiscal 2020 to $132.1 billion.
It even boosted its quarterly dividend by 10 per cent earlier this year and now yields 1.9 per cent. After rallying more than 30 per cent year to date, Home Depot trades at over $350 per share. But you can get a piece of the company using a popular stock trading app that allows you to buy fractions of shares with as much money as you are willing to spend. Tech stocks aren t known for their dividends, but software gorilla Microsoft Nasdaq: MSFT is an exception. Over the past five years, its payout has grown by 59 per cent. So it shouldn t come as a surprise that Microsoft is the second largest holding in O Leary s OUSA.
Business has been booming of late, largely helped by the pandemic-fueled demand for its cloud computing and video gaming In the fiscal year ended June 30, 2021, Microsoft s revenue grew 18 per cent to $168.1 billion while adjusted EPS increased 38 per cent to $7.97. Year to date, Microsoft shares have returned a whopping 40 per cent, easily topping other tech giants like Apple 11.8 percent and Amazon 7 per cent Of course, if you're on the fence about jumping into tech stocks near all-time highs, some investing apps, like Wealthsimple will give you a $50 cash bonus for your first $150 invested. Healthcare is known as a recession-proof industry.
With deeply embedded positions in consumer health, pharmaceuticals, and medical devices, Johnson Johnson NYSE: JNJ has been able to deliver remarkably consistent returns to investors through thick and thin. Not only does Johnson Johnson grow its adjusted profits year in and year out, but it also posts recurring profits consistently: Over the last 20 years, Johnson Johnson's adjusted earnings have increased at an average annual rate of 8 per cent. Things are even better on the dividend front — the healthcare giant has raised its payout to shareholders for 59 consecutive years. Not many companies have that kind of track record. Year to date, shares are up just 3 per cent. But Johnson Johnson is a name that should not be ignored for long-term investors.
The company is the third largest holding in OUSA with a weighting of 4.9 per cent. Gold, crypto, and common stocks aren t the only things you ll find in Mr. He also uses a private way to profit and diversify. If you want to invest in something that has very little correlation with the violent swings of the stock market and crypto market, consider this overlooked asset — fine art Investing in fine art by the likes of Banksy and Andy Warhol used to be an option only for the ultra-rich like O Leary. But with a new investing platform you can invest in iconic artworks too, just like Jeff Bezos and Peggy Guggenheim. According to the Citi Global Art Market Chart, contemporary artwork has offered a return of 14 per cent per year over the past 25 years, easily topping the 9.5 per cent annual return from the S&P 500. This article was created by Wise Publishing. Wise is devoted to providing information that helps readers navigate the complex landscape of personal finance. Wise only partners with brands it trusts and believes may be helpful to the reader. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.