Portfolio Update: August 2017

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

In August I made several dividend growth stock purchases including 10 shares of Simon Property Group (SPG) for a total of $1,585.80

In addition I picked up 16 shares of Kimberley-Clark (KMB) for a total of $1,953.

I also added to my existing positions in Corning (GLW) and Delta Airlines (DAL). Both of their stock prices showed weakness, while their yearly dividend growth numbers – 15% and 50% respectively – remain very attractive.

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 August?

For reasons of comparison: a year ago, at the end of August 2016my portfolio consisted of 30 positions with a total value of $42,059.  

At the end of August 2017 my portfolio consisted of 47 positions with a total market value of $98,018 – a Year-on-Year (YoY) increase of 133%.

The portfolio is now in striking distance of $100K.. Bar any wild gyrations in the market I expect to pass that mark by the end of September.

As Charlie Munger so eloquently puts it: “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.” 

I agree with most of that quote, but have no intention to ease off anytime soon!

My YoY increase is shown in the graph below.

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

Portfolio Update: July 2017

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

In my latest post I updated my progress towards my H1 goals – concluding I was 4 for 5.

In this new post I continue my regular monthly updates and report on what happened to my portfolio during the prior month.

In July I made three dividend growth stock purchases.

On July 13 I bought 150 shares of Ford Motor Company for a total of $1,721.

And on July 14 I bought 30 shares of Williams-Sonoma for a total of $1,371.

On the last day of the month I also added to my existing Starbucks (SBUX) position. The company posted decent numbers last week – however, the price dropped by about 10%.

I already liked Starbucks for their strong dividend growth and am happy to take a 10% discount on this great company. 

With their strong digital channel and loyalty program roll out and their continued push into China I am confident Starbucks continues to do well.

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 July?

For reasons of comparison: a year ago, at the end of July 2016my portfolio consisted of 29 positions with a total value of $40,501.  

At the end of July 2017 my portfolio consisted of 45 positions with a total market value of $91,556 – a Year-on-Year (YoY) increase of 126%.

This YoY increase is shown in the graph below.

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