Portfolio Update: October 2015
October was amazing on a personal level because I got married and went to the Greek Islands for over two weeks on our honeymoon. Upon our return to the states, my work called and moved up my out date by 3 weeks; last Friday was my final day of work. They moved to the next phase of production early, and unfortunately that means I’m out a few paychecks. It’s usually pretty dry out there this season until after the new year, and I’ve put out a few feelers but am in no hurry to land somewhere because I want to find the right job. I always talk about how volatile the entertainment industry is, and this is a great example. It’s why building passive income in our portfolio makes so much sense. It’s comforting that the dividends we receive are real cash we can use for expenses without selling any shares in the portfolio. However it’s best to reinvest all those dividends which is why we have 9-12 months of expenses in an emergency fund on top of the income my wife is pulling in. So for now I can rest easy, sit back and let the portfolio work by itself while I find my next gig.
(Photos from our trip. Mykonos, Greece.)
On October 20th I added $250 of Wal-mart (WMT) to my commission free Loyal3 account. At the start of November, I used some leftover cash that was in my new Robinhood account to make a small purchase of a new company; I’ll be posting about it soon. I won’t be able to invest much of anything else until I start working again. This now has me thinking hard about having a cash position in the portfolio for times when I’m without a job. I really like the idea of averaging in to the market over time and purchasing at least once a month; I probably could have spread out my contributions from this year a little better. In total I invested $597.22 in October. Here’s how much I’ve been able to contribute so far in 2015:Even though I only invested $597.22, my portfolio moved a good bit on its own finishing October at $80,448.88. That was an increase of $5,616.52, or 7.51% over last month’s $74,832.36. Going back further, this was a gain of 113.57% over last year’s $37,667.23.After almost two years of steady month to month increases in my Portfolio Value History chart, the constant contributions are finally on hold. That’s really what pushed it upward this whole time, and there’s a very good chance this graph will finally show some volatility going forward. At the end of the month, there was still a good amount of red in my portfolio which is great for reinvesting. However, several holdings started to recover in price compared to the previous month. Here’s a snapshot of where I ended up:How was your October? What stocks are you buying?