Growth Update: November 2014
It’s hard to believe we’re in the last month of the year. I had a few expenses in November that slowed down my contributions, but I still managed to add to my positions in BP, IBM, and UL. With those purchases, I added $3,584.45 in fresh capital. It’s hard to believe my original 2014 capital invested goal was only $17,500. I blasted past that and doubled it and am now only $80 shy of investing $35,000 for the year. I’m looking to make a purchase starting Friday and have been thinking about maxing out my IRA for the year with a REIT, Canadian Bank, or beaten down energy stock. December should wrap up this goal for the year.
My portfolio has grown so much over these past months, and November was no different. I finished the month with an overall portfolio value of $42,244.64 which is a 12.15% increase over last month’s $37,669.23 and a 1,752% increase over last year’s $2,281.
Dividend Payouts weren’t that impressive when compared to last quarter, but I’m expecting a big December. I also took the dividend reinvestment plan off my AOS holding for this month. This was the first time I’ve turned off the DRIP for any of my positions, and I did the same to a few other holdings in my taxable account going forward. I debated this for a long while since AOS paid such a small dividend, but I feel the price is a little overvalued right now, and I’m going to put that small amount to work in another company. My total dividends for the month were $87.54 which is an increase of 7.08% from last quarter’s $81.75 and a year over year increase of 290.63% from $22.41.
I’ve received $620.23 in dividends this year which is $129.77 away from my 2014 goal of $750. I’m expecting my first $100 month in December, but I’m not sure how close I’ll come to my goal.
Here’s what I did with my dividends during the month:
Overall I had a solid November, but I can’t wait for December’s totals. I’m looking forward to a strong finish to the year.
How was your November? What’s on your watchlist?