Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!
Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!
Portfolio Value
To date, I have invested $18,905 into the account the total value of all positions plus any cash on hand is $18,751.13. That’s a total loss of -0.81%. The account is down $244.39 this week which is a -1.29% loss. We added $145 in cash to the account this week, trades made will be broken out below.
We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -5.19% which puts us 3.85% higher than the market!
Portfolio
Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.
Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI decreased from $672 to $667!
Dividends
Over the last week I received no dividends, but reinvested dividends from $O and $EGP that came last Friday.
Dividends received for 2023: $426.53
Portfolio’s Lifetime Dividends: $836.93
I tried to build a dashboard of sorts for tracking income from dividends and option premium. Check out that other graphic below and let me know what kind of tracking you like better!
Trades
This week was a tough week for the markets. We didn’t make a ton of moves. First we hit our next add level for the turtle trade in $PPA. The stop level for that was hit two days later, forcing an exit out of the play. Time to try again. If you want to learn more about the turtle trend strategy, I have published a full article on it which you can read here. The below table is a log of the trades taken under the strategy so far.
Then, we closed our $T $15.5 covered call for a 20% win before it went higher than our strike price after a positive earnings report.
Below is a detailed breakdown of the trades I made this week:
- October 17th, 2023
- Invesco Aerospace & Defense ETF ($PPA) – added 8 shares at $83.86, turtle trade add.
- October 20th, 2023
- Invesco Aerospace & Defense ETF ($PPA) – sold full position at $81.52, stop hit on trend trade.
- AT&T ($T) – closed $15.5 10/20 covered call for $0.08, $2 or 20% win.
That is it for the update this week. Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock as well as the other socials using the links below! Also, tune into the Games N Gains Twitch Stream every Thursday at 6PM MST. I play games, hang out, and chat with y’all about stocks, charts, fundamentals, and anything else you like! I hope to see you in there!
Thank you for reading! See you next week and stay safe!
Regards,
Dividend Dollars
This post is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!
