Portfolio Update: April 2015
It’s time for another portfolio update. My portfolio is my ticket to financial independence; the more money I can save and invest today, the faster I’ll get there. I aim to purchase high quality businesses that have long track records of increasing their dividends. One day I’ll use these dividends to pay my daily expenses.
Over the month I added to my holdings of Franklin Resources (BEN) and Coca-Cola (KO); I also initiated a position in Omega Healthcare Investors (OHI). These purchases kept me in front of my $25,000 portfolio contributions goal for the year. In April I invested $3,664.43, and so far this year I’ve contributed $11,496.73.
My portfolio witnessed a decent increase over last month, including contributions. The overall value stood at $57,813.07, an increase of 9.2% or $4,872.06 compared to last month’s $52,941.01. Year over year the portfolio has grown 258.70% from just $16,117.27.
In March, when I purchased Bank of Nova Scotia, I mentioned 6 stocks in my portfolio that were down over 5% and 3 of them were down over 10%. At the end of April they all shot back up, and none of my holdings were down over 4%. That’s wild and unpredictable movement, and I’m so happy I’m not a day trader because I’d be pulling my hair out. Here’s April’s portfolio snapshot.
How was your April? Is your portfolio moving a lot lately?