Portfolio

Portfolio as of 3/1/2017:



 

We had a portfolio of roughly 50 companies at one point, but we decided to pay off the mortgage and now we are in rebuilding mode!

19 comments:

  1. ADD,

    You have a great portfolio up there. I can only wish that I would have had something like that working for me at 27 years old. Bravo!

    Keep up the great work. Your dividend income is already working for you. I suspect you'll have some serious options/flexibility by the time you're 35 years old.

    Best regards!

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    1. Thanks DM! If it wasn't for you and this dividend investing community, I would not be where I am today. The power of compounding is a wonderful thing and I am glad that I am now harnessing that energy!

      I look forward to the seeing the day both of us can call it quits! The ability to choose what you want to do when you want to do it will be an amazing feeling.

      Thanks for posting!

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  2. Awesome looking portfolio ADD... you're well on your way to creating a monster. As Jason said, it is awesome for you to be this far along given your age. Not too many folks "get it" and I'm glad you've decided to share your journey with all of us.

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    1. Thank you very much W2R! This community has been one of the greatest things I've embraced in my life and I cannot but be grateful for what everyone has/is doing with regards to dividend investing.

      Even with your downfalls early in your investing career/life, you have come back strong and I applaud you. You aren't much older than me and you have "gotten it" as well and that is awesome. I will be a follower for a long time. I'll be blogging for the long haul so it will be fun seeing us both progress in the future.

      Keep up the good work!

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  3. Your portfolio is pretty high yielding considering many of the solid names you have listed above. Great start on your dividend growth journey. Watch out for that PSEC. I just don't trust really high yielding companies. I go for dividend growth rather than current yield. Happy to see we share quite a few names between our portfolios. Look forward to following your progress over the months and years.

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    1. Yea, PSEC is probably the worst company I own from an understanding the business point of view. The reinvesting of dividends with that one has added up fast and I realize that I am underwater on it, but the dividend was just reduced and management seems to be somewhat shareholder friendly. They had one great investment that was wound down a year or so ago and that has hurt them recently. Now that the dividend has been cut hopefully they can get some growth.

      My goal is to keep building up good names that consistently raise dividends so that PSEC becomes less of a burden on my portfolio.

      Thanks for stopping by!

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  4. Great portfolio! I agree with DivHut on the high yield, Is VMGRX really yielding 13%? Great job and keep at it!

    Regards!

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    1. Yea, the yield is a bit high but like I said above, I am looking to add lower yield/more growth to the portfolio in order to crank up the compounding in 10-15 years. VMGRX is not really yielding 13%. The "dividends" I received from them include long term and short term capital gains as well as the actual dividend of .63 cents.

      Thanks for the encouragement!

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  5. That's a great portfolio and congrats on hitting the 100K mark. Lot of stocks common between our portfolios and several ones that I would like to add myself. Our portfolio size are pretty close, though your dividends are much higher than mine. I am hoping to hit 100K sometime this year.

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    1. Thanks DGJ! 100K took a bunch of hard work and consistent saving, but it is certainly paying off! Good luck on hitting the 100K mark, I'm sure you'll do just fine!

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  6. Some really strong names and a well diversified portfolio. Great start and congrats on hitting the $100K mark!

    R2R

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    1. Thanks R2R! I'm so glad I found this lifestyle at the age I did. 100k was tough so hopefully 200K comes along a lot quicker!!

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  7. As Jason at Dividend Mantra said today, "The first $100k is the hardest." You are already there at a young age. I'm jealous :-)

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    1. Don't be too jealous, you will get there soon enough. Keep spending less than you make and it will be a foregone conclusion. 100K was definitely a challenge, but with the market continuing to make new highs the last 6 years I think the next 100K will be tougher. I do not see the market continuing to make all time highs in the near future. However, cheaper prices mean more dividends so thats a positive!

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  8. Hey good picks you have up there, and you are well diversified. It takes dedication for someone your age to build this portfolio. DO you reinvest all into new shares or do you get cash to deploy into other picks?

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    1. Thanks! Right now all dividends are reinvesting back into the same company who paid them. My goal is to get to roughly 10-11K per year in dividends, turn off the DRIP's and move that money into IRA's to fund them every year. That's about a 3 year timeline right now unless I come into a lot of money haha.

      Thanks for stopping by!

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  9. What a great portfolio! Keep going!

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  10. That is a great looking portfolio that includes many S&P 500 and Dow stocks.

    Do you write covered calls on any of your positions?

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  11. Nice dividend income and what i mostly like are stock picks. Keep up the good work what comes to dividends and blogging.

    If you interested my personal finance blog or my portfolio you can find it from my site http://www.freedomsearcher.com

    Regards,
    Matt

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