November is behind us, time to check in on my portfolio.
I made two purchases- both additions to existing positions.
On November 9 I added 35 more shares of Archer Daniels Midland (ADM) for a total of $1,390.
And on November 29 I bought 25 additional shares of Cardinal Health (CAH) for a total of $1,454.
With these new buys my number of Archer Daniels Midland shares is now a nice 100, while I brought my total of Cardinal Health shares to 65.
Both stocks showed price weakness and I took this opportunity to increase my positions in them. ADM and Cardinal Health are both Dividend Champions, with dividend increase streaks of 42 and 21 years respectively.
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 November?
For reasons of comparison: a year ago, at the end of November 2016, my portfolio consisted of 35 positions with a total value of $47,451.
At the end of November 2017 my portfolio consisted of 47 positions with a total market value of $113,480, a Year-on-Year (YoY) increase of 139%.
My YoY increase is shown in the graph below.
How was your November? Did you add new positions to your portfolio? Leave a comment/reply to share your thoughts!
Wow your YOY is impressive! Great job!
Thanks! Part of the ongoing portfolio growth is that the market just keeps climbing, but I have also been pretty diligent in deploying new capital and reinvesting dividends. Thank you for stopping by!
Amazing jump in portfolio value. I guess it is a combination of new capital and awesome stock market performance.
Thanks dividend geek! Yes – a combination of both. I focus on adding new capital since that’s the only factor I have influence over.