Portfolio Update – August 2014

My main focus as a Dividend Growth Investor is the amount of Income I receive on a monthly basis. My long term goal is to receive a yield that will surpass the cost of my expenses each month. My annual overheads are currently under £10,000 per year, and my investments average over a 4% return. By using those numbers, I require £250,000 in my portfolio to cover all bills and spending money. 
I want to keep track of the value of my portfolio each month as I go through this process. It’s been motivating to see the growth of my pot since I started. Recording this data has helped by raising my awareness. I now find myself eager to invest so I can report back on the progress I’ve made. The same benefits have come from recording my workouts, my cash savings, and more recently my income and expenditure. 

It can be difficult to keep track of how the stock market is performing as a whole. The exercise of recording the individual values results in a more well-rounded view of how everything is going. 

I achieved one of my goals for 2014 by having a portfolio worth more than £12,000 in July. I would like to continue with the momentum I’ve gained so far and aim for £17,500 by the end of the year. I will report what my portfolio was worth at the end of every month so you can see how I’m progressing towards this goal.

I’m pleased to say that my portfolio value went up in August. The increase was down to the purchase of Catlin Group Ltd and an increase in some of my shares.

At the end of July my Freedom Pot was worth £13,376.72. When the market closed at the end of August my shares were worth £14,543.48 which is a £1,166.76 increase (8.7%).

I’m now £2,956.52 from my new portfolio goal with four months to go. My wages are usually lower in the remaining months of the year, so I think it will go to the wire. Wish me luck!
I hope August was equally positive for you. Thank you for reading! 


  • weenie

    Reply Reply 4th September 2014

    Hi Huw

    Great to see how well you are doing with your portfolio, with 4 months left to go.

    I had a good August and am on track to reach my own investment goal.

    I have a clearer idea of what I want to do with my investments now, which also includes a small portfolio of UK shares. I'm not looking for dividends to cover all my bills/spending money. In fact, I'd be well happy if I managed to get £50 a month from them at some point – that could cover some going out spends!

  • Huw Davies

    Reply Reply 4th September 2014

    Hey Weenie,

    Thank you very much! I'm really pleased with how this year has gone so far. My income does tend to dry up leading up towards Christmas, but I'm still determined to hit my goal.

    I'm pleased to hear that you're still on track after a successful August. It feels nice to go into a new month on the back of previous success.

    Glad you're clear on your investment goals too. I think Dividend Growth Investing is a great way to earn additional passive income, but it's not the only way and you have to have an idea of what you're doing. I'm sure you'll earn much more than £50 per month from DGI eventually. You just have to look back 12 months agao and see what you were investing money in then? You've come a long way in a short time!

    Good luck

  • Tawcan

    Reply Reply 9th September 2014

    8.7% increase in a month is very impressive. Good job! A little less than £3,000 with 4 month to go should be quite manageable. Keep up the good work.

  • Huw Davies

    Reply Reply 10th September 2014

    Hi Tawcan,

    Thank you for the kind words. I would take that level of increase every month if I could!

    If it were the start of the year I would be more confident about getting £3,000 in 4 months, but next months wage is going to be my lowest of the year, and I will have very little extra to invest with. The goal is achievable though, and I'll do my very best to hit it.

    Thanks for the encouragement! I wish you all the best with your goals this year.

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