In fact, O’Leary’s largest investment fund doesn’t invest in crypto at all

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Bitcoin’s massive swings aren’t for everyone, but one investor shark is hungry for more cryptocurrency: Kevin O’Leary.

The Chairman of the O’Shares FNB and Shark aquarium Personality bought his first piece in 2017 and has picked up speed ever since.

“I have remarkably developed the portfolio”, O’Leary Recount its audience during a Reddit Talk session last month.

“At the start of the year, I was at 3% weighting. The objective was to obtain 7% by the end of the year. However, due to the appreciation of so many assets that I have now, we are now almost at 10 percent.

However, O’Leary’s largest investment fund, O’Shares US Quality Dividend ETF (OUSA), does not invest in crypto at all. Instead, he looks for companies with high profitability, balance sheets, and dividend growth.

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If you’re looking to diversify your crypto-heavy portfolio with income-generating stocks, take a look at the top three holdings of O’Leary’s flagship fund. And while none of this is appealing, O’Leary is also investing in many alternative assets .

Home deposit (HD)

Home deposit

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Home Depot may not seem as exciting as crypto, but it is the OUSA’s largest holding, accounting for 6.1% of the fund’s weight.

The home improvement retail giant has about 2,300 stores, each averaging about 105,000 square feet of indoor retail space, eclipsing many competitors.

And while other physical retailers have floundered during the pandemic, The Home Depot increased sales by nearly 20% in fiscal 2020 to $ 132.1 billion. It even increased its quarterly dividend by 10 percent earlier this year and is now earning 1.6 percent.

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Stocks don’t come cheap, however.

After rallying over 55% year-to-date, Home Depot is trading at over US $ 400 per share. But you can still get a smaller part of the business by using a popular app that lets you buy fractional shares with as much money as you are willing to spend.

Microsoft (MSFT)

Xbox controller

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Tech stocks aren’t known for their dividends, but Microsoft’s software gorilla is an exception.

The company announced an 11 percent increase in its quarterly dividend to US $ 0.62 per share in September. Over the past five years, his earnings have increased 59%.

It should come as no surprise then that Microsoft is the second largest stake in O’Leary’s OUSA.

Business has exploded in recent times, in part thanks to pandemic-fueled demand for its cloud computing and video game offerings.

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In the September quarter, Microsoft’s revenue increased 22 percent year-on-year to US $ 45.3 billion, while adjusted earnings per share jumped 25 percent to 2.27 U.S. dollars.

So far this year, Microsoft shares have generated an impressive 53% return, easily outperforming other trillion-dollar tech giants like Apple (31%) and Amazon (11%).

Still, if you’re hesitant to dig deep into tech stocks near all-time highs, you can still automatically build a diversified portfolio just by using your “spare currency”.

Procter & Gamble (PG)

Tidal detergent

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Procter & Gamble is part of a group of companies commonly referred to as the Dividend Kings: publicly traded companies with at least 50 consecutive years of dividend increases.

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In fact, P&G makes the list with ease. In April, the board of directors announced a 10 percent increase in the quarterly payout, marking the company’s 65th consecutive annual dividend increase.

It is not difficult to see why the company is able to maintain such a streak.

P&G is a consumer staples giant with a portfolio of trusted brands including Bounty paper towels, Crest toothpaste, Gillette razor blades and Tide detergent. These are products that households buy regularly, regardless of the economic situation or their personal finances.

Thanks to the recession-resistant nature of P & G’s business, it can deliver reliable dividends through thick and thin.

Shares are up 10 percent year-to-date. That might not seem like much compared to Home Depot and Microsoft, but long-term investors can boast decades of strong performance.

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The company offers an annual dividend yield of 2.3 percent and is currently the third largest stake in OUSA with a weighting of 4.8 percent.

O’Leary’s other asset

Art Gallery

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Dividends are a great source of passive income, but you don’t have to limit yourself to the stock market.

Today, retail investors have access to a variety of alternative investments .

Traditionally, these opportunities were only available to the ultra-rich, like O’Leary. But now with the help of new platforms and innovations like fractional investment , ordinary investors are also increasingly able to get a share of the stock.

This article was created by Wise Publishing. Wise is dedicated to providing information that helps readers navigate the complex landscape of personal finance. Wise only associates with brands he trusts and believes may be of use to the reader. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

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