Portfolio Update: September 2015
It’s hard to believe there are less than three months left in the year. I’ve had a busy year building my dividend growth portfolio, and the numbers from September are in. Toward the end of the month, I opened up a new account with commision free brokerage Robinhood; I’m really enjoying the app so far. Moving forward, my portfolio tracking spreadsheet will contain a combined taxable account section with my CapitalOne Investing, Loyal3, and Robinhood accounts.
Also at the end of September, I added 50 shares to my Kinder Morgan (KMI) position: These shares have an average cost basis of $27.90 and their 7.03% yield adds $98.00 to my 12-month forward dividends for a new total of $2,701.83 or an average of $225.15 a month.
Kinder Morgan is the third largest energy company in the United States which operates in the following segments:Those fee-based cash flows are impressive, and so is their unparalleled asset footprint:
Here’s a cash flow fast graph of Kinder Morgan:
I added to several other businesses throughout the month too, and in total I invested $5,185.54 in fresh capital. I beat my 2015 contributions goal last month, but every extra bit I can invest today brings my retirement closer. So far this year I’ve been able to save $36,659.35 and here’s an updated contributions graph:With those contributions, my portfolio’s value increased month over month to a new high total of $74,832.36. This was a 4.35% increase over last month’s $71,712.79 and a 127.31% gain over last year’s $32,920.41:I still have several positions I’d love to add to that are down more than 10%, but my fresh capital will be very limited going forward. It’s hard seeing all the deals out there and knowing I’m going on a long honeymoon and will be without a paycheck for a good while starting next week. It’s a good reminder of how fortunate I am to be able to invest at all. Here’s a snapshot from the end of the month:How was your September? What are your expectations for October?