Portfolio Update: September 2017

September is behind us, time to check in on my portfolio.

In the past month I added to several existing positions:

On September 9 I added more shares of Kimberley-Clark (KMB) for a total of $1,073.

And on September 11 I bought 15 additional shares of Cardinal Health (CAHfor a total of $1,0475.

On the last trading day of the month – Friday 29th – I decided to add 25 more shares of Archer Daniels Midland (ADM).

This brings my position in this Dividend Champion to a total of 65. The company has shown 42 (!) years of consecutive dividend growth and is currently yielding ~3%, close to a 10 year high.

I keep building my snowball and with each new stock purchase I increase my forward dividend income and get closer to achieving my investment goals.

So how did I progress in September?

For reasons of comparison: a year ago, at the end of September 2016my portfolio consisted of 33 positions with a total value of $43,804.  

At the end of September 2017 my portfolio consisted of 47 positions with a total market value of $103,984, a Year-on-Year (YoY) increase of 138%.

In my last update I used Charlie Munger’s quote to preview my portfolio value breaking through the 100K ceiling:

“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.” 

Next up: 200K!

My YoY increase is shown in the graph below.

How was your September? Did you add new positions to your portfolio? Leave a comment/reply to share your thoughts!

4 thoughts on “Portfolio Update: September 2017”

  1. Wow, congrats. I always find it fastening how fast your entire portfolio grows. Over 100% gain in a year, that is amazing. And breaking the 100k mark, which is usually the hardest. Keep that growth pace up. Nice buys too.

    1. DD,

      Thank you. Not sure about you but I am actually having trouble finding enough targets these days – so many stocks are at levels that don’t make a lot of sense anymore. Kinda hoping for a serious pullback here!

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