Portfolio Update: August 2015
The numbers are in for August’s 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’m investing in high quality businesses that have long track records of increasing their dividend payouts each year. This rising cash flow will one day cover all of my expenses, and I’ll be financially free.
August was the wildest month I’ve witnessed so far in my short time investing. My watchlist lit up as businesses traded at their lowest prices in years and I added to several of my holdings, deploying $8,232 in fresh capital. My contributions through the rest of the year will be more limited, but I’ll still be investing a bit. So far I’ve invested $31,473.82 this year, and that officially completes my 2015 contributions goal.August’s investments helped my portfolio see another monthly increase. At the end of the month, the value stood at $71,712.79 or 4.67% more than last month’s $68,511.56. That’s also a 148.49% increase over last year’s $28,859.80.My overall portfolio finished the month in the red, and I thought it was pretty awesome. It’s way easier to deploy capital when stocks you’re already invested in go on sale. All I see are great long term businesses and more dividends for less money. Here is a portfolio snapshot I grabbed at the end of the month:How was your August? Did you invest in the correction?