My May saw two dividend growth stock purchases - both of which were new positions in the portfolio.
I started with buying 20 shares of Analog Devices (ADI), and closed the month with purchasing 15 shares of The Traveler Companies (TRV).
I also updated my watchlist as I continue to be on the hunt for stocks with decent valuations and attractive dividend features. Recently I added AT&T (T) to the stocks I follow with high interest; as I believe that below 40 the stock is reasonably priced with bright prospects.
Speaking of building a snowball; I came across the following story of someone who really lived the investment principles I try to adhere to as well. It certainly worked out well for him - hopefully the same goes for my (similar) investments in CVS!
So how did I progress in May?
For reasons of comparison: a year ago, at the end of May 2016, my portfolio consisted of 29 positions with a total value of $35,024.
At the end of May 2017 my portfolio consisted of 43 positions with a total market value of $82,586 - a Year-on-Year (YoY) increase of 136%.
This YoY increase is shown in the graph below.
How was your May? Leave a comment/reply to share your thoughts!