Portfolio Update: June 2015
I can’t believe half the year is already behind us, and with it comes my latest 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 dividends each year. This rising cash flow will one day pay all of my expenses, and I’ll be financially free.
I had some cash left over from May when I struggled to find new investment opportunities. That helped me set a new personal milestone for most contributions in a month. I was able to add to my holdings of OHI, BAX, IBM, WMT & UNP. I also initiated a brand new position in TROW. In total, I invested $7,038.22 in June and have averaged $3,335.13 each month this year. I’m on pace to destroy my 2015 contributions goal and even have some cash on hand for any emergency buying opportunities. I vote for more drama in the market, so I can break my contribution record again in July.
The S&P 500 declined by 2.1% in June, but my record month of contributions helped me finish well ahead of last month. The overall portfolio value stood at $65,469.16, an increase of 10.64% over May’s $59,171.00. Year over year, the portfolio grew 192.33% from just $22,395.40.
A few of my holdings are in the red at the moment, and I’m really looking forward to averaging down across the board. If we witness a correction or crash, I’ll be buying a few of the dream stocks that I can never seem to get my hands on due to their premium valuations. For now, I’ll continue my usual investments with cash flow. If the market falls, it will drop much further than what we saw at the end of June. Here’s hoping. This is my updated portfolio snapshot:
How was your June? Did you make many purchases?