Milestone – $500,000 Portfolio Value

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.