Portfolio Update: January 2018

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

Last month I did not make any new purchases. In fact, I sold half of my position (15 shares) in Caterpillar (CAT).

This earnings season has provided some wild stock gyrations and I hope to be able to grab some new stocks in February.

Volatility is up again, and several stocks on my watch list are approaching ‘buy territory’ again. For instance the Utilities Sector – a sector I am under invested in – is showing some attractive stocks at the moment.

Sticking to the past month – how did my portfolio progress in January?

For reasons of comparison: a year ago, at the end of January 2017my portfolio consisted of 38 positions with a total value of $66,454.  

At the end of January 2018 my portfolio consisted of 49 positions with a total market value of $119,545, a Year-on-Year (YoY) increase of 80%.

My YoY increase is shown in the graph below.

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

Portfolio Update: December 2017

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

Last month I made two purchases- both were new positions in my portfolio.

On December 14 I added 15  shares of Eaton Corp  (ETN) for a total of $1,166.

And then on December 27 I bought 60 shares of Hanesbrands Inc. (HBI) for a total of $1,272.

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).

Both Eaton as well as Hanesbrands don’t have the impressive dividend pedigree that I usually like to see before purchasing new stock. However, their other dividend features (as can be seen in the respective write-ups) make them in my opinion a good buy at the moment.

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 December?

For reasons of comparison: a year ago, at the end of December 2016my portfolio consisted of 36 positions with a total value of $61,005.  

At the end of December 2017 my portfolio consisted of 49 positions with a total market value of $118,018, a Year-on-Year (YoY) increase of 93%.

My YoY increase is shown in the graph below.

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