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.
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 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!
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!
Hi TI, great month! 138% increase YoY is really good, don’t think I can beat that haha. Congratulations on the $100k milestone, let me know if Munger is right ;).
Thanks SD! We should start a blog together btw - Tall Dutchman!
Munger is definitely right - it’s hard but it gets easier with every step forward.
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.
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!