Growth Update: September 2014

The market was down again in September, and I took advantage by adding three new companies to my portfolio during the month.  They were IBM, UTX and V.   I’m hoping the market will continue to present opportunities;  I’m going to keep purchasing more great companies that have a history of raising dividends each year and will one day use this income to pay all of my expenses.

With my purchases, I invested a total of $4,761.15 in new capital during the month to help my 2014 New Capital Invested Monthly Goal.  Last month I revised this goal by doubling it, and I’m already well ahead again.  With $27,652.31 invested so far this year I’ll need to add $2,449.23 in each of these remaining three months to meet my $35,000 goal.  If my employment and income continue, I’ll be able to smash this revised goal with my minimum bi-weekly purchases of at least $1,400.

2014_September_Goals_capitalinvolved

My portfolio has dipped recently and is showing its young age.  However, I’m excited by this, as it gives me plenty of options to add to some awesome companies I already own, and I’ll get in at an even higher yield.  Because of my contributions during the month, my portfolio still managed to keep pushing higher.  This will become more challenging in volatile months when my portfolio is bigger, but I can still impact the month to month results pretty dramatically for now.  I saw an increase of 14.07% from August’s $28,859.80 to September’s $32,920.41.  Year over year, my portfolio grew 2,823.66% from its total value of $1,126.00.

2014_September_portvaluehistory

Another fun thing about my young portfolio is all the records in Dividend Payouts.  Last month I made $81.75, and I received a new high of $90.07 in September.  I saw an increase of 74.86% from $51.51 last quarter in June.  Year over year, payouts went up 1,712.27% from last year’s $4.97.

2014_September_dividendpayouts

My 2014 Dividends Received Goal of $750 is picking up steam, but I still expect to fall just short.  So far this year I’ve made $477.71 in passive income from dividends.  I would need to average about $91 a month for the remaining three months to beat this goal.

2014_September_Goals_dividendsrecived

I also picked up several fractions of shares with my dividend reinvestment plan in September.

2014_September_divreinvested

My companies PM and O both gave me raises during the month.

2014_September_divincreases

At the end of October, I’ll be celebrating a full year of employment.  This will be the first time that’s happened to me since I was serving tables at a restaurant just a few years back, and it’s helped me tremendously in laying down the groundwork of my portfolio.  If I make it through October, I’ll complete my 2014 Months Worked Goal.

2014_September_Goals_monthsworked

I hope everyone keeps making those purchases while the market is low.  I’m excited to make the rounds of all the new bloggers out there and see what everyone is buying and how they’re progressing.  Have a successful October everyone!

How was your September?  What are you buying lately?

My Dividend Growth

http://www.mydividendgrowth.com

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20 thoughts on “Growth Update: September 2014
  1. My Dividend Pipeline

    Ryan,

    Amazing progress! You have the right mindset wanting to add when there is a bit of “blood in the water” I plan on adding to my energy holdings even though I am overweight in them. There are some great opportunities out there as you mentioned and we need to take advantage of these better entry points.

    MDP

     
    Reply
    1. My Dividend Growth

      MDP,

      Thank you so much, I’m always learning from great investors like yourself. You walk the walk when it comes to getting money invested, whether there’s blood in the water or not and it’s always very inspiring to watch the results. Especially seeing your dividend income this past month, I’m so happy for you, keep up the fine job!

      Best Wishes,
      Ryan

       
      Reply
  2. JC

    Really great YOY numbers. I contemplated adding to IBM and V during September but passed for the time being. I did initiate a position in UTX this week though. Keep up the good work!

     
    Reply
    1. My Dividend Growth

      JC,

      Thank you very much for the support! I’ve been reading about your investments for just over a year now and you’ve been a big inspiration and help to me. It always feels amazing to hear that we’re on the same page because I trust your thinking, valuations, and opinions so much. I’m thinking we’ll be mighty happy with our investments in UTX in a decade. I can’t believe it’s trading so close to the 52 week low! I’m probably going to have to pick more up if it stays like this.

      Have a great weekend!
      Ryan

       
      Reply
  3. writing2reality

    Congratulations! Things are really looking great for you right now given your continued employment and ability to invest in some great companies over that time period. I am actually looking to add all three of the companies you picked up in September during October. I’m in the process of rolling over part of an old 401(k) into my DG designated account and should have an exciting October for purchases as a result. Keep on cranking!

     
    Reply
    1. My Dividend Growth

      W2R,

      The looking up thing is very new to me. The job is great, but I have more experienced friends who are making twice what I make on different shows and companies! It’s all about getting a ton of credits on as many networks as possible. By staying in this comfy job, I’m not spreading out or getting as many contacts as I’d like. For now though I want the constant paycheck and am just going to keep doing my best where I am.

      I always love hearing that you’re thinking about the same investments I am, it’s very good company! You’re going to have some fun this month with all that new capital to deploy, I’m super pumped to see where it goes. I also wanted to tell you that you’ve inspired me to start a small loyal3 account. Shortly after following the link from your site, I made my first small purchase of WMT that I’ll post about soon. I’ve really enjoyed watching your account chug along since early in the year and you should be very proud of your progress.

      All my best,
      Ryan

       
      Reply
  4. roadmap2retire

    Congrats on the dividend income, Ryan. Thats one hell of a jump from last year 🙂
    Looks like you are well on yoru way to get close to your goal…best wishes in reaching it.

    regards

     
    Reply
    1. My Dividend Growth

      R2R,

      This whole year has been a huge jump in my life and your support means so much! I’m really focused on saving and investing to make up for all the lost finances of my youth. I’m wishing you continued success as well.

      Have an excellent weekend!
      Ryan

       
      Reply
    1. My Dividend Growth

      Henry,

      It’s amazing your portfolio is big enough to move on its own like that. You’ve made tremendous progress and it’s really showing. I still have such a low net worth that I can move the needle much easier, but I can’t wait to be in your shoes 🙂 Hope all is well and have a great weekend!

      Best Wishes,
      Ryan

       
      Reply
  5. Dividend Mantra

    Ryan,

    Great numbers, and fantastic YOY progress.

    Super excited by your employment news. Sounds like the job is working out fantastically for you. Seeing as how that’s your main capital engine right now you need that thing pumping as long as possible. 🙂

    Keep up the great work. Love the purchases, by the way. They all offer a nice, though different, blend of value, income, and growth.

    Cheers!

     
    Reply
    1. My Dividend Growth

      Jason,

      Thank you for the encouragement, I really appreciate it. You veterans signing off on these purchases only goes to show you’re setting a good example 🙂 It’s interesting to think about other job offers at times, but what happens after those 4-6 months are done and the show is all edited? Going back to uncertainty is very scary. All this progress I’ve made could come to a freeze for a while if I don’t have consistency. Once I save a comfortable amount I’ll likely take a career gamble and try to move up in rate and get more credits. But with my low net worth, now is the time to put this money to work while it’s still coming in. Congrats on a great September for you as well, impressive as always especially now that your portfolio is showing its size and moving on its own!

      Best Regard!
      Ryan

       
      Reply
  6. No More Waffles

    Congrats, Ryan! Great progress!

    You really are shoveling a lot of money in your accounts! I need between two to three months to invest the same amount, excellent job. Can’t wait to see where you end up.

    A quarterly increase of almost 75% in dividends will definitely pave the way!

    Keep it up,
    NMW

     
    Reply
    1. My Dividend Growth

      NMW,

      Thank you very much, my stable income is definitely helping to get the ball rolling. Sometimes the industry I’m in gets volatile, so there will eventually be some bumps in the road. Hopefully I’ll be much further along when that happens. Your age will make up so much of the difference in our contributions, you’re so far ahead of the game by starting now. Keep making those purchases as often as possible and you’ll be set 🙂

      All my best,
      Ryan

       
      Reply
    1. My Dividend Growth

      Captain Dividend,

      Thank you! I’ve been very fortunate this year. Last year at this time I had been unemployed for almost 6 months. Hopefully that’ll never happen again. Great to hear from you and thanks for the support.

      Take care!
      Ryan

       
      Reply
  7. DivHut

    That’s a huge month for you. Over $4,700 in fresh capital is a lot for one month. Good job. I like the UTX purchase of the three you mention. Great industrial play with a long and friendly dividend history as well. Your dividends are really starting to roll in. Thanks for sharing and look forward to your next update.

     
    Reply
    1. My Dividend Growth

      DivHut,

      Thank you very much! I’m proud of the progress I made over the month and lucky I get to make a purchase every two weeks. I’m also glad you like UTX because I just averaged down when the price went lower than the 52-week low. I almost picked up GE and CVX instead, but you can’t argue with buying a solid growing company when it goes lower than it’s been in over a year. Let’s hope the market continues to present opportunities so we can get our capital working even harder!

      Wishing you the best!
      Ryan

       
      Reply

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