Thinking back when I started at $0, I remember how I was always browsing through all the various dividend and investing blogs with high 6 digit values and hoping I would someday be there. It's a very satisfying feeling now looking back and seeing that all my effort was not in vain.
My first $100,000 was back in April 2015. My second $100,000 was in May 2016. And the third on February 2017. This is all possible by saving and investing most of my take home pay, and watching the portfolio carry itself forward with dividends reinvested and upward earnings guidance. $100,000 is just a small drop in the bucket, but it is still a step forward in the right direction.
Charlie Munger had said in the past “The first $100,000 is a bitch”. After each $100k, the next $100k becomes progressively easier to reach. This is because the earlier achieved $100ks can now provide their own individual growth to one's future growth. When starting out for the first time, one must rely solely on one's saving rate which is a much slower process than compounding returns.
It's always good to invest earlier. The growth of dollars invested early will have a more profound impact than dollars invested later.
“The best time to plant a tree was 20 years ago. The second best time is now.”
It's always good to invest earlier. The growth of dollars invested early will have a more profound impact than dollars invested later.
“The best time to plant a tree was 20 years ago. The second best time is now.”
| Name | Ticker | Sector | Value | Weight | Divies | Yield | S&P Fin | VL Fin | VL Safety |
| Altria Group Inc | MO | Staples | $47,872.98 | 15.95% | $1,600.80 | 3.3438% | A- | B+ | 2 |
| Home Depot Inc | HD | Discret | $13,541.89 | 4.51% | $261.42 | 1.9305% | A | A++ | 1 |
| Philip Morris International Inc | PM | Staples | $13,282.71 | 4.43% | $533.21 | 4.0143% | A | B++ | 2 |
| Realty Income Corp | O | REIT | $11,875.13 | 3.96% | $494.39 | 4.1632% | BBB+ | A | 2 |
| Johnson & Johnson | JNJ | Health | $11,675.12 | 3.89% | $314.32 | 2.6922% | AAA | A++ | 1 |
| Ross Stores Inc | ROST | Discret | $11,214.08 | 3.74% | $88.38 | 0.7881% | A- | A | 2 |
| Visa Inc | V | Financial | $11,048.51 | 3.68% | $83.40 | 0.7549% | A+ | A++ | 1 |
| Starbucks Corporation | SBUX | Discret | $10,570.10 | 3.52% | $165.91 | 1.5696% | A | A++ | 1 |
| Kraft Heinz Co | KHC | Staples | $8,947.21 | 2.98% | $222.06 | 2.4819% | BBB- | A | 2 |
| PepsiCo | PEP | Staples | $8,313.45 | 2.77% | $231.48 | 2.7845% | A | A++ | 1 |
| Kimberly-Clark | KMB | Staples | $8,280.92 | 2.76% | $243.69 | 2.9427% | A | A++ | 1 |
| Becton Dickinson and Co | BDX | Health | $7,912.94 | 2.64% | $127.77 | 1.6147% | BBB+ | A++ | 1 |
| General Mills, Inc. | GIS | Staples | $7,653.34 | 2.55% | $248.05 | 3.2411% | BBB+ | A+ | 1 |
| McCormick & Company | MKC | Staples | $7,210.71 | 2.40% | $138.92 | 1.9266% | A- | A+ | 1 |
| Church & Dwight | CHD | Staples | $6,996.10 | 2.33% | $101.37 | 1.4490% | BBB+ | A+ | 1 |
| 3M Co | MMM | Industrial | $6,404.38 | 2.13% | $155.44 | 2.4270% | AA- | A++ | 1 |
| Mastercard Inc | MA | Financial | $6,241.19 | 2.08% | $50.20 | 0.8043% | A | A++ | 1 |
| The Coca-Cola Co | KO | Staples | $5,046.06 | 1.68% | $171.47 | 3.3981% | AA- | A++ | 1 |
| Dominion Resources, Inc | D | Utilities | $4,381.10 | 1.46% | $179.35 | 4.0938% | BBB+ | B++ | 2 |
| Automatic Data Proc, Inc | ADP | Tech | $4,276.91 | 1.42% | $97.85 | 2.2878% | AA | A++ | 1 |
| TJX Companies Inc | TJX | Discret | $4,166.93 | 1.39% | $56.19 | 1.3484% | A+ | A++ | 1 |
| McDonald's Corporation | MCD | Discret | $4,131.48 | 1.38% | $121.58 | 2.9428% | BBB+ | A++ | 1 |
| Air Products & Chemicals, Inc | APD | Materials | $3,988.48 | 1.33% | $107.12 | 2.6857% | A | A+ | 1 |
| NextEra Energy Inc | NEE | Utilities | $3,836.25 | 1.28% | $105.29 | 2.7447% | A- | A | 2 |
| Xcel Energy Inc | XEL | Utilities | $3,807.87 | 1.27% | $123.33 | 3.2389% | A- | A+ | 1 |
| Procter & Gamble Co | PG | Staples | $3,787.40 | 1.26% | $111.52 | 2.9444% | AA- | A++ | 1 |
| Stryker Corporation | SYK | Health | $3,340.38 | 1.11% | $44.94 | 1.3455% | A | A++ | 1 |
| AT&T Inc | T | Telecom | $3,082.47 | 1.03% | $145.65 | 4.7252% | BBB+ | A++ | 1 |
| Southern Co | SO | Utilities | $2,725.69 | 0.91% | $127.76 | 4.6872% | A- | A | 2 |
| Abbott Laboratories | ABT | Health | $2,673.09 | 0.89% | $63.40 | 2.3719% | BBB | A++ | 1 |
| Colgate-Palmolive Co | CL | Staples | $2,550.73 | 0.85% | $55.30 | 2.1679% | AA- | A+ | 1 |
| Medtronic plc | MDT | Health | $2,233.49 | 0.74% | $48.69 | 2.1800% | A | A++ | 1 |
| Verizon Communications Inc | VZ | Telecom | $2,188.61 | 0.73% | $102.74 | 4.6942% | BBB+ | A++ | 1 |
| Clorox Co | CLX | Staples | $1,916.18 | 0.64% | $45.86 | 2.3931% | A- | B++ | 2 |
| The J. M. Smucker Company | SJM | Staples | $1,874.25 | 0.62% | $41.37 | 2.2073% | BBB | A++ | 1 |
| Bard (C.R.) Inc | BCR | Health | $1,754.10 | 0.58% | $7.53 | 0.4290% | A | A+ | 1 |
| WEC Energy Group, Inc. | WEC | Utilities | $1,397.25 | 0.47% | $50.53 | 3.6161% | A- | A+ | 1 |
| Aqua America Inc | WTR | Utilities | $945.22 | 0.31% | $24.08 | 2.5471% | A+ | A | 2 |
| Misc | Type | ……….. | Partial Totals | Weight | Yrly Dividends | Avg Yield | …..832 | …..9 | …..82 |
| Equity | Stocks | $263,144.71 | 87.67% | $6,892.33 | 2.6192% | ||||
| Investable | US Dollars | $4,527.59 | 1.51% | ||||||
| House Fund Cash Savings | US Dollars | $27,992.63 | 9.33% | ||||||
| Miscellaneous | Assets | $4,505.25 | 1.50% | ||||||
| . | .. | … | Equity + Misc | Weight | …..2 | ….. | …..222 | …..2222 | …..223 |
| Total | $300,170.18 | 100.00% |
Thank you for your thoughts & opinions. - Mason
ReplyDeleteCongratulations Y/D!
ReplyDeleteWell done!! Keep up the good work. You'll reach your goal of a million in no time.
Shane
Great job!! I enjoy all your post and really like your portfolio very solid companies!
ReplyDeleteYoung Div -
ReplyDeleteSO awesome... I recently just crossed $250K, which was awesome, and have been lucky to stay above that mark for 3 days straight.. looking forward to my "3rd" 100K as well, it's coming quick. Love what compounding and investing early and often does to the portfolio.
-Lanny
This is a great achievement YD. You have a great savings rate that has allowed you to build a nice size portfolio in a relatively short amount of time. Great job. Thanks for sharing.
ReplyDeleteThat's some pretty impressive growth, and a real testament to the power of savings and compounding. I think you will be on track to meet your foretasted goals assuming no market corrections.
ReplyDeleteAwesome stuff YD. The first $100k really is the hardest. That savings rate is really going to boost you forward now that your portfolio is taking on a life of its own.
ReplyDeleteCongrats YD! That is great. I'd agree that the first $100k is the hardest. But we've been pretty fortunate with returns since your investing timeline as well; not sure we'll be so lucky going forward. I liked the quotes you used as well; great things to practice. Thanks for sharing,
ReplyDeleteCongrats YD, They say the effort to go from $300K-1M is the the same to get from $1 to $300k because you have almost a "second person" saving along with you. I'm climbing my way to my first $100k
ReplyDeleteCongrats on that milestone, YD!
ReplyDeleteR2R
Great job! I'm trying to hit my first 100k in my taxable accounts this year.
ReplyDeletewe can't call you young dividend anymore lol good job. My netWorth is slightly lower and I just went over 80,000 in my sharebuilder account hopefully withen 2 years my sharebuilder account will be over 100,000
ReplyDeleteCongratulations, Young Dividend -- this is a great milestone! As you mention, the first (and second and now third) $100k will be working for you through compounding and you'll see the next $100k's come much faster. How exciting!
ReplyDeleteAWESOME! Congratulations. How much of the 100 to 200 and then 200 to 300 was growth vs contribution?
ReplyDelete