October is behind us, time to check in on my portfolio.
The past month has been pretty volatile, to say the least, with my portfolio taking quite a hit.
However, less concerned about daily or even monthly gyrations, I stuck to my original plan of collecting dividends and buying on weakness.
This month I made two purchases:
On October 10 I bought 10 extra shares of International Paper (IP).
And on October 12 I started a new position in Texas Instruments (TXN) - also 10 shares.
Given these new buys, this month’s received dividends and stock price changes - how did my portfolio progress in October?
For reasons of comparison: a year ago, at the end of October 2017, my portfolio consisted of 47 positions with a total value of $106,856.
At the end of October 2018 my portfolio consisted of 57 positions with a total market value of $147,027, a Year-on-Year (YoY) increase of 38%.
This YoY increase is featured in the graph below.
How was your October? Did you add new positions to your portfolio? Leave a comment/reply to share your thoughts!
That’s an incredible YOY increase tallinvesting 38%!! Have you determined a fixed amount of positions you will keep in your portfolio or will you continue to initiate new positions? 57 is a lot…. I am hoping I can reach that number someday.
Thanks Driptilrich!
I have not determined a fixed or target number of companies for my portfolio. As long as there are great businesses out there, which continue to raise their dividends, I see no reason to limit myself to an artificial number. The great thing about being a dividend investor is that I don’t have to babysit or manage these companies, that’s what their leadership gets paid for. And handsomely I might add, at least in most cases.
Checked out your site as well btw… looking good!
Thanks for commenting.
That’s it, that little blip? Well, that could have been worse!
Team CF,
You are absolutely correct - it’s a little blip in the grand scheme of things. My only regret is not having more cash at hand to benefit from those inevitable dips!
Great results tall guy. I notice that ITW is quite popular in the DGI community nowadays. Thinking about starting a position in ITW myself. Any thoughts on ITW ?
Thanks! ITW is on my radar, but haven’t done a full deep dive yet. Mised the dip
Hello TI. Impressive portfolio with more impressive YOY increase!
We had same thoughts about TXN. Hope it will pay off.
Hi Druss - thank you, glad you like it.
TXN remains attractive here at these levels… Might add more in the near future!