Friday, February 17, 2017

Today I hit $300,000

My portfolio today just barely slipped above $300,000 after today's Friday session. I'm sure this will likely drop back down next week due to market turbulence, but nevertheless it's a step in the right direction.

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.”




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%

14 comments:

  1. Thank you for your thoughts & opinions. - Mason

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  2. Congratulations Y/D!

    Well done!! Keep up the good work. You'll reach your goal of a million in no time.

    Shane

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  3. Great job!! I enjoy all your post and really like your portfolio very solid companies!

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  4. Young Div -

    SO 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

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  5. 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.

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  6. That'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.

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  7. Awesome 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.

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  8. Congrats 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,

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  9. Congrats 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

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  10. Great job! I'm trying to hit my first 100k in my taxable accounts this year.

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  11. we 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

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  12. Congratulations, 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!

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  13. AWESOME! Congratulations. How much of the 100 to 200 and then 200 to 300 was growth vs contribution?

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