August is behind us, time to check in on my portfolio.
In August I made several dividend growth stock purchases including 10 shares of Simon Property Group (SPG) for a total of $1,585.80.
In addition I picked up 16 shares of Kimberley-Clark (KMB) for a total of $1,953.
I also added to my existing positions in Corning (GLW) and Delta Airlines (DAL). Both of their stock prices showed weakness, while their yearly dividend growth numbers – 15% and 50% respectively – remain very attractive.
So how did I progress in August?
For reasons of comparison: a year ago, at the end of August 2016, my portfolio consisted of 30 positions with a total value of $42,059.
At the end of August 2017 my portfolio consisted of 47 positions with a total market value of $98,018 – a Year-on-Year (YoY) increase of 133%.
The portfolio is now in striking distance of $100K.. Bar any wild gyrations in the market I expect to pass that mark by the end of September.
As Charlie Munger so eloquently puts it: “The first $100,000 is a bitch, but you gotta do it. I don’t care what you have to do—if it means walking everywhere and not eating anything that wasn’t purchased with a coupon, find a way to get your hands on $100,000. After that, you can ease off the gas a little bit.”
I agree with most of that quote, but have no intention to ease off anytime soon!
How was your August? Did you add new positions to your portfolio? Leave a comment/reply to share your thoughts!