My total portfolio value hit $500k this week for the first time! Yes half a million. In fact my portfolio was up .02% versus -.30% for the S&P earlier today. I don’t really have much exposure at all to technology stocks so my portfolio tends to have a lower beta. I mainly look for “value” in this market. I try not to chase the newest hot stocks but focus on earnings and dividend growth. I also try not to watch my portfolio value on a day to day basis but it feels nice to see the value continue to go up with the increases in dividends. I’m a dividend growth investor first and foremost, I don’t plan to sell stocks but plan to live off of the dividends generated by them.
I posted a $200k portfolio milestone on October 14th of 2013. It took me a little under 5 years to add $300k in value to my portfolio. I’m hoping to do better than a 60k average over the next 4 years. In fact I’ll be updating some pretty aggressive goals soon.
I continue, regardless of what the market is doing, to add fresh capital to my portfolio by way of new purchases each month. My updated income goal for the year was $18k in forward dividends which I’m closing in on now and a portfolio value of 500k which I’ve now hit.
While I don’t post every one of my trades, I do keep a live portfolio that’s updated the same day trades occur. You can find my portfolio created from Google Docs that keeps a live snapshot here.
Dividend Income Stocks says
Way to go! Congrats on hitting the 500K milestone! Looking forward to your aggressive plans to grow your portfolio!
wow congratulation!!! That is really impressive to be able to go from $200k to $500k in 5 years. I have a long way to go but I am almost near $200k.
looking forward to your goals updates!
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Keep posting man you keep me motivated I’m closing in on 200k and your one of the first blogs I found in 2014 when I was 22 !
Nice Job,we are still some distance away from that goal.
Buy, Hold Long says
Fan-bloody-tastic as we say here in Australia. Well done to you. Not long now and you’ll reach 1mill!
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