Happy 4th of July!! Time for another update on my portfolio and networth.
Like May, June 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 this year 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 8 shares of Aqua America (WTR). I finally had a chance to update this last month 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 in July I will start adding to the companies I invest in with Loyal3.
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: $86,231
- Investments: $74,565
- Cash: $11,904
- Cash: $11,904
- Student Loan 2: $6,460
- Car Loan: $7,689
NETWORTH: $158,571 up 3% from last month
Well nothing exciting happening to my portfolio this month. I am holding on to cash becomes I am uncertain what I want to do with it, it is possible that within a couple of months we could be looking to buy a house..
How about you? Any good purchases in June?