Growth Update: October 2014

2014_OCTOBER_HALLOWEENOctober was a frightening month as the weather cooled down, and the ghosts and ghouls came out to play during Halloween.  I went as the psycho day of the dead character pictured here.  The stock market was just as scary to a lot of investors as it swung up and down with a powerful force.  However, as a dividend growth investor, this was a fantastic opportunity to put some fresh capital to work in solid companies that pay growing dividends each year.   One day I’ll use the income I receive from my consistent investments to pay all of my expenses and earn my freedom from the working class.

 My overall portfolio dipped into the red for about two weeks during the month, and I felt some pressure to quickly decide which of my holdings I wanted to average down on.  Ultimately, I choose to make larger purchases in Johnson & Johnson (JNJ) and United Technologies (UTX).  I also added small amounts to Wal-Mart (WMT) in my commision free Loyal3 account, and then I initiated a position in a brand new company for my portfolio whose products I use regularly.  That company was Unilever (UL), who owns brands such as Vaseline, Axe, Dove, Lipton, Ben & Jerry’s, Hellmann’s, Suave and many more.  I continue to spread out my investments and now own a piece of 20 separate businesses that all pay me rising dividends.  Unilever has been very popular for a lot of value investors lately as the share price has come down.  Here are some of the many inspiring blogs I follow that also recently purchased Unilever with these articles: Dividend Mantra, Passive-Income-Pursuit, Write Your Own Reality, Captain Dividend, Dividend Growth Investor, Two Investing, DivHut, Dividend Mongrel, and Dividend Growth Journey.  (Forgive me if I missed anyone!) 

My Loyal3 buys over the month looked like this: 

2014_OCTOBER_L3With my purchases during the month, I added $3,683.90 in new capital.  I was prepared to add at least one more larger investment when the market declined, but before I could even blink, the market popped right back up with a vengeance, and I decided to exercise patience.   I’m very fortunate that I’ve been able to add $31,336.21 in new investments this year to date and am now only $3,663.79 away from my 2014 revised new capital invested goal of $35,000.  I should easily pass that this month and am currently thinking about averaging down in IBM or BP next week, but we shall see which companies present themselves.

2014_OCTOBER_GOALS_NCI

With the small size of my portfolio, consistent investments keep my graphs looking mighty nice as I finished the month with a new high overall value of $37,669.23.   This was a change of 14.43% from September’s $32,920.41 and an even more impressive 3,245.40% increase from October of last year when the value stood at only $1,126.00.

2014_OCTOBER_PVH

Dividend payouts were light, but it’s amazing that I did no work for these companies during the month and received income that was completely passive.  This month I made $54.98 which is an increase of 29.36% over last quarter in July when I received $42.50.  The real power of dividends show when I compare this month payments to last year’s total of $6.79 which is an increase of 709.72%.

2014_OCTOBER_DP

 October didn’t help my 2014 dividends received goal as much as I would have liked, but so far I’ve made $532.69 out of $750 in total payouts.  I now need to average $108.66 in each of these last two months to meet this goal.  During the summer, I thought this goal was completely unreachable, despite many of my peers telling me it was possible;  I’m a believer now, but it’s going to be a close one.

2014_OCTOBER_GOALS_DR

I automatically reinvested all my dividends during the month, but have since turned a few off that are getting into overvalued territory.  I’ll talk more about those when they come through in the months ahead.  Here are the extra shares I picked up in October:

2014_OCTOBER_DRIP

I also had my second highest month of dividend raises, with 4 companies increasing my annual income.  I only saw more raises in April when 5 businesses raised their payouts.

2014_OCTOBER_DI

A great thing happened regarding my work situation during the month as I logged a full year at the same television network.  It also marks 10 months of employment in 2014 and is my second completed goal this year!  Why only 10 months?  I’m a rookie video editor and typically only work for weeks to months at a time and then have to scramble to find new gigs.  This steady employment has been a huge factor in getting my investment portfolio off the ground.  In editing, you want to keep getting different credits for different networks and shows constantly so that you can keep increasing your weekly rate and social network.  By staying at the same place this long, I risk losing touch with past contacts, but I’m not in a huge rush to leave just yet.  For now, I’m going to focus on keeping that money flowing while my job is nice and steady.

2014_OCTOBER_GOALS_MW

But what do we investors do now that the market is soaring to new record highs?  We remember that the market is full of individual companies that are suppose to be growing, and that the overall market is suppose to be rising to new record heights all the time.  I plan to keep investing where I find attractive opportunities, and I’ll let the magic of compounding and time do its work for me while I sit back and collect those ever growing dividends. 

How was your October?  How are you investing at these market highs?

Photo Credit: Dirk Sebregts http://unsplash.com

My Dividend Growth

http://www.mydividendgrowth.com

View more posts from this author
20 thoughts on “Growth Update: October 2014
  1. JC

    Looks like you had a pretty good month. Dividends are on track, your portfolio is growing nicely, and most importantly you’re still working which helps to grow everything else. Now it’s time to finish the year up strong!

     
    Reply
    1. My Dividend Growth

      JC,

      I wish I could have contributed a little more during the month, but I’m definitely going to keep pushing through the end of the year. I’ve got my heart and eyes set on that 50K milestone in the overall portfolio. You’ve made fantastic strides yourself in such a short time by pumping all that new capital into your portfolio. Even with you slowing the pace, you’ve set yourself up so well for 2015!

      Best Wishes,
      Ryan

       
      Reply
  2. writing2reality

    Given your recent purchases, I’d say you have at least a solid shot of hitting the $750 mark. Worse comes to worse, you fall just short, but just take a look at how far you’ve come in the past year. Pretty incredible if you ask me!

    Thanks for the mention and enjoy the rest of your weekend.

     
    Reply
    1. My Dividend Growth

      W2R,

      It’s fun making these steady purchases every few weeks because sometimes those dividends won’t pay for months afterwards and I’ll forget about them and suddenly my quarter over quarter numbers look outrageous. I’m estimating December will be a good amount over the $100 mark for the first time and I’ve still got time to add to that. You’re making killer progress of your own and I’ve really enjoyed following along. 2015 is going to be huge for so many of us!

      I hope you have a great weekend as well and thanks for the comment!
      ~Ryan

       
      Reply
  3. DivHut

    Thanks for the DivHut mention. Awesome photo too. Wouldn’t want to run into you looking like that at night. Keep on building those positions. Like the JNJ, UL and UTX (though I don’t own any yet). Look forward to your next update.

     
    Reply
    1. My Dividend Growth

      DivHut,

      You’re very welcome and I’m glad you like that photo. We went to a party the Saturday after Halloween, so I got that makeup for less than a dollar on sale and already had that suit, gotta love super cheap and effective costumes 🙂 Appreciate the support and I’ve been liking all of your buys lately as well. After I average down on a few positions, I really want to finally add a Canadian bank to the IRA.

      Best,
      Ryan

       
      Reply
  4. Dividend Mantra

    Ryan,

    Great, consistent work here. You’re putting away some serious capital month after month. Excellent job!

    Thanks for the mention. Happy to be a fellow shareholder in UL, among many other high-quality companies.

    Keep it up. Setting yourself up for a fantastic 2015. 🙂

    Best regards.

     
    Reply
    1. My Dividend Growth

      Jason,

      I appreciate it! I’m learning from some the best (points at you). I still want to join you as a shareholder in so many companies, hopefully the over valued ones will eventually give me an opportunity. My year-over-year stats won’t be nearly as good in 2015, but you’ve proven that even when the portfolio gets big, consistent investments keep it growing nice and steady. Thanks for always sharing your knowledge and for everything you do for the personal finance / dividend investing community!

      Best Wishes,
      Ryan

       
      Reply
  5. roadmap2retire

    Nice job, Ryan. Keep it going – I like where the charts are headed – higher and higher 🙂

    Congrats on the dividend income. Keep it up!

    R2R

     
    Reply
    1. My Dividend Growth

      R2R,

      I love watching these charts continue that upward ascent, I find those payouts to be the number one way I can tell the DGI strategy works. You can’t argue with compounding dividend increases. You keep at it too, your progress is very inspiring to smaller portfolios like mine!

      Best,
      Ryan

       
      Reply
    1. My Dividend Growth

      MDP,

      Thank you! Haha, I will keep it up best I can. If I could ever get close to your monthly investment amounts I’d be sooo set 🙂 I do believe you have passed beast mode and entered some other sort of force stronger than gravity.

      Best Wishes,
      Ryan

       
      Reply
    1. My Dividend Growth

      DGJ,

      Thank you much! You’ve been right there with me as far as new investments go this year, and you have kids on top, which I don’t have! Excellent work! We’re both going to soar in 2015 🙂 I can’t wait to follow your continued progress, keep it up!!

      Take care,
      Ryan

       
      Reply
  6. No More Waffles

    Ryan,

    Congrats on the nice purchases and another great month. Adding almost $4,000 in fresh capital will surely make your dividend income skyrocket over time. I’m curious to see what 2015 will bring you!

    Keep at it,
    NMW

     
    Reply
    1. My Dividend Growth

      NMW,

      Thank you kindly! I was thinking about you when I read all the headlines last week about the Belgium workers protesting, sounds like a crazy situation. Luckily, I’ve been enjoying all of your content lately and be sure to keep up the great work over there! You’re on pace to reach F.I. well before the new retirement age anyway 🙂 Cheers to both of us having a fantastic 2015!

      Best Wishes,
      Ryan

       
      Reply
  7. Goosemann Jones

    Hi, My Dividend Growth.
    I’m really digging the site and am enjoying the posts. Also, nice job on the Halloween costume. Thanks for posting the update and best wishes for continued success with the portfolio. I’ll be seeing you around.

    Goosemann Jones
    Flight to Dividends Blog

     
    Reply
    1. My Dividend Growth

      Hi Goosemann!

      Thanks for checking my blog out. I love your pseudonym, for some reason I feel like it belongs in the world of the excellent Netflix show “Bojack Horseman.” It always makes me happy when a new blogger swings by because I have a new person to cheer for! Great looking site and I’m going to enjoy following along 🙂

      Wishing you lots of success!
      ~Ryan

       
      Reply
  8. Huw

    Hey Ryan,

    That’s one scary-ass photo!

    October was a bit of a crazy month. I recently read that it tends to be volatile every October as shareholders anticipate another crash in this historical month. I want to make sure I have spare capital again next year and we’ll see if the same thing happens again.

    Congrat’s on the Unilever purchase. I bought shares in them back in April, and I plan on owning them for a very long time. A great month for capital invested too. It looks like the Goal is in the bag now, outstanding effort, well done!

    It’s great to see you’ve hit your working goal too. Your monthly capital investments are impressive amounts, and they off the back of the time you’ve been able to put in with your employer. I hope you continue to enjoy and benefit from working there.

    Finally, I’ll keep my fingers and toes crossed for you on the dividend front. You’ve had a cracking year and it would be nice to finish it off on a high and hit your goal.

    Good luck my friend and keep up the good work!
    Huw

     
    Reply
    1. My Dividend Growth

      Huw!

      Glad to hear from you, my friend. I was surprised too that October kept with the trends of the past. I wonder if we’ll see a pullback during February like we did last year. I sure hope so, because we really need to see some better prices. That was when I was first getting aggressive with my investments and I actually got scared and felt my heart beating a bit on those down days. I feel like an old veteran now with callused skin, even though I’ve only barely started this journey. Luckily, I’ve got great people to talk to like you who are doing the same thing and we’re all proving that the strategy works. You’ve been doing great over there, especially with your expenses. I honestly don’t know how you do it! We’re both going to finish the year with a bang and then it’s on to bigger and better things in 2015!

      Wishing you the best,
      Ryan

       
      Reply

Join the Conversation...