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 9 more shares of Kimberley-Clark (KMB) for a total of $1,073.
And on September 11 I bought 15 additional shares of Cardinal Health (CAH) for 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.
So how did I progress in September?
For reasons of comparison: a year ago, at the end of September 2016, my 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!
How was your September? Did you add new positions to your portfolio? Leave a comment/reply to share your thoughts!