Portfolio Update: October 2017

October is behind us, time to check in on my portfolio. It’s the first day of November and the market is reaching all time highs again.

Last month was a slow month for me in the sense that I only made two purchases – both at the very last day of the month. These new buys were also additions to existing positions.

On October 31 I added 10 more shares of Kimberley-Clark (KMB) for a total of $1,118.

And on that same day I bought 50 additional shares of AT&T (Tfor a total of $1,702.

Both stocks showed price weakness and I took this opportunity to increase my positions in them. Kimberley-Clark and AT&T are both Dividend Champions, with dividend increase streaks of 45 and 33 years respectively.

With these new buys my total number of KMB shares is now 35, and I rounded out my number of T shares to a nice 100 number.

I professed my love for investing in Dividend Champions, Contenders and Challengers in my introduction post on how to get started with Dividend Growth Investing (DGI).

With these new purchases 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 October?

For reasons of comparison: a year ago, at the end of October 2016my portfolio consisted of 35 positions with a total value of $45,152.  

At the end of October 2017 my portfolio consisted of 47 positions with a total market value of $106,856, a Year-on-Year (YoY) increase of 137%.

My YoY increase is shown in the graph below.

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

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!