Friday, June 1, 2018

Portfolio Update - May 2018

May was another volatile month, but it ended up in the green overall. My large stake in Facebook (FB) has again rewarded me with another solid month of gains. It really makes me think about selling and converting to dividend paying stocks, but I'm playing with house money at this point and I will continue to ride the wave. I think their potential to continue to grow is tremendous.



This May I saw my portfolio increase by $8,897.79 or 4.51%
My current portfolio value sits at $206,366.88

It was nice to see my portfolio continue to gain after all the volatility earlier in the year, but again I really don't care about the overall value as long as the companies continue to pay and grow their dividends. I do care that my non-dividend stocks continue to grow though, because one day I will probably start converting them to dividend paying stocks. 

I was only able to invest once this month as I'm building up my checking account balance to be able to purchase something expensive in a few months. 

The first and only purchase I made was on May 3rd, 2018. 

I purchased 25 shares of General Mills (GIS) for $41.07 a share. This company has gotten hit very hard and I picked up some more when I thought it couldn't go much lower. This purchase adds $49 of yearly dividend income to my portfolio!

I'm hoping to be able to purchase at least once this June, but will have to see how things progress.

All this volatility this year has led to some pretty crazy portfolio swings. Lets take a look at how my months have turned out so far:

January: $11,799.33
February: $-7,527.52
March: $-4,202.54
April: $6,020.14
May: $8,897.79

It is hard to see your money go down as it did in February and March, but you just have to remind yourself to have patience and that it will go back up. It presented great opportunities to buy more stock. When you have a good amount invested you will have bad months and good months, but it is still better than having your money in a savings or checking account earning a few dollars a month and not gaining any value. 

Let me know what you guys think! How did you guys do in May?

The portfolio page has been updated to include all of my stocks and additional holdings.

4 comments:

  1. Glad to hear FB has paid off for you. I do like the plan of transitioning into dividend paying stocks, but I'm clearly biased. After all, dividend stocks are just one of many different viable ways to invest. The fact that you're only using house money is a great place to be!

    Congrats on the increase in your portfolio and the overall portfolio size. Very impressive.

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    1. Hey thanks for stopping by! Yes, I think about selling my FB stock every day and transitioning it into dividend paying stocks. It would truly be amazing to how much it would help push me to retirement. I think FB is an incredible company with incredible staying power. This is the only reason I continue to hold the stock. If I ever feel that there is no more room for growth then I will start to sell.


      Thanks again and best of luck!

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  2. I like the GIS pick up. I know it's not a popular name at all these days even at these depressed levels. Keep collecting those dividends in the meantime even if your portfolio experiences wild swings in value because of all the volatility we have been seeing in the market.Thanks for sharing.

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    1. Hey Keith thanks for stopping by! Yes I will continue to collect those dividends even with all the market volatility. Thats the best part of dividend growth investing.

      Best of luck!

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