Time for another update on my portfolio and networth.
May was a very boring month with no activity in this department. I didn't have a whole lot of time this month to do any research and I have decided to save up some cash for my emergency fund and there it a slight possibility of us looking to buy a house so I want to save up a little in case we do decide to go down that path.
Scottrade offers a Flexible Reinvestment Plan, where dividends from qualifying companies can be used to purchase shares in any other qualifying companies without any commission. So I take advantage of this every month and I usually use it to build up my positions in companies where my positions are lagging.
This month my dividends were used to purchase 7 shares of Aqua America (WTR). I finally had a chance to update this and chose to start investing in a water utility company
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My Loyal3 account is going strong, automatically invest $50 of shares in 4 companies: The Walt Disney Company (DIS), Kellogg's (K), Pepsico (PEP), and Unilever (UL). As of May my Loyal3 account stands:
I think I will let my Loyal3 account continue the automatic investing for a couple of months before I reevaluate.
Net worth will always be a secondary goal for me with generating passive income being my primary goal. But net worth is something I have started tracking. Given how much of my net worth is in stocks, my net worth will have a tendency to fluctuate frequently with the market but hopefully my net worth continue an overall upward trend over time.
- 401k: $84,791
- Investments: $74,565
- Cash: $5,333
- Cash: $5,333
- Student Loan 2: $6,525
- Car Loan: $7,934
NETWORTH: $153,540 up 3.5% from last month and a new milestone: networth over $150k!
Well nothing exciting happening to my portfolio this month. Now that the big trip is over hopefully I will have some more time and money to focus on some solid dividend investing.
How about you? Any good purchases in May?