Monthly Portfolio Update – November 2014

The market in October swoon up and down with Dow Jones Average (ETF: DIA) dropping almost 7% in short time of couple of weeks but recovered very well  and then some. The moody market never goes straight up and have bowls of indigestion :)  but that is the most opportune time to invest. These drops indeed serve as buying opportunities for patient investors like us. 

I allocated extra capital in securities that I mentioned in Watch list for October:  American Realty Capital Properties Inc. (ARCP), General Electric (GE),  HCP, Inc. (HCP)AbbVie Inc. (ABBV), and Chevron Corp (CVX) with current dividend yields of 11.38%,  3.33%,  5.05%, 3.19%, 3.6% respectively. A lot has been written about ARCP whether it is a buy, sell or hold and for me, it is a hold as I’m looking at long term.

I initiated 25 positions in GE, 22 positions in HCP, added 50 positions in ARCP and 20 positions in Omega Healthcare Inc. (OHI). Also, initiated positions in Chevron Corp. (CVX) in DRIP account and added positions in ABBV, XOM, CLX, PG in my DRIP Portfolio. At current yields, GE, HCP and ARCP will add $22.00, $47.96 and $50.00 annually to my passive dividend income.

HCP was added in Roth IRA account where you do not pay any taxes when you them take out. This will push me closer to being financially independent in 12 years. The month of October was a busy month for me with a long shopping list in my cart 🙂

Kimberly-Clark Corp. (KMB) spun- off Halyard Health Inc. (HYH) to realize better their shareholder value and as a result of this, I received 2 positions in HYH and $10.96 for fractional shares.

Currently, I’ve got 4 Portfolios: DRIP, HID1, HID2 and a recently added Roth IRA account. New capital is distributed across these 4 portfolios in both taxable and tax-free accounts so that I’ve freedom to enjoy my passive dividend income whenever they are able to cover all my expenses. I also contribute towards 401K account in order to get employer’s match and help lower taxes as well.

My total portfolio value at the end of October is $50,350.85 which is 12.18% increase over last month of September Portfolio value of $44,881.98. This was mostly due to addition of positions in GE, HCP and ARCP and DRIPs in CVX, ABBV, XOM, CLX, PG. In this month of October, I crossed a very important and big milestone for me, i.e, crossing half-mark across a 6-figures portfolio.

Thanks for reading.

Full Disclosure: Long on the above mentioned securities.

How did your portfolio do in last month of October? Add new securities.

8 thoughts on “Monthly Portfolio Update – November 2014

  1. Thanks for sharing your portfolio update with us. A lot of great names you have added. GE, HCP, CVX, ABBV, OHI. Can’t complain about those picks. Some I own and some are on my watchlist. I wonder about the HYH spin off if they’ll be paying dividends anytime soon.

    1. Hi Keith,

      Glad that we are fellow shareholders in those holdings. Yeah! we do not know yet but I would think that investors expect at-least some level of dividend payout, especially DGI investors like us 🙂

      Thanks for stopping by!

      Good weekend.

  2. Tons of activity and some really solid buys. I also picked up GE during October, and would love to continue to build that position as prices allow. You’re closing the year tremendously, so keep up the good work!

    1. Hi W2R,

      Yeah. The month of October was busy for me as market finally provided a small window of opportunity, need to grab with both hands 🙂 Wish had more capital in hand! GE is already up ~5% since my purchase price and we’ll be happy shareholders.

      Thanks for stopping by and commenting.

      Best wishes.

    1. Hi PSM,

      Glad to have you here from Portugal, other side of pond!

      Appreciate your kind words. October was a busy month for me and fired my little cash gun 🙂 to buy some diamonds which hopefully will shine and radiate dividends to us.

      Thanks for stopping by and commenting!

      Best wishes.

  3. Thanks for sharing PIM! What a busy month for you! I love all the activity, so keep it up. I’ve been on the fence whether or not to initiate a position in ARCP.. I feel it could bounce back once the players involved are bounced. I just picked up some BP last week, but ARCP remains a possibility this coming week.

    1. Hi SAD,

      It was indeed busy month. Thanks for your kind words!

      ARCP is currently at $8.73, already having bounced back from its low point of $7.38, almost 20% up. I’m cautiously optimistic on ARCP and at one point, thought of adding some more. Since, it was not run of the mill correction, so, I stepped back. But, I’m definitely keeping ARCP, unless either dividends are reduced OR more issues are uncovered. Only in these 2 scenarios, I’ll hit sell button. Reason is that I buy securities after a careful analysis and as Buffet says, for keeping them for ever 🙂 That will be ideal choice for me also. But, we will see how things turn out for ARCP.

      BP is a solid choice and especially, with significant oil price correction, most of the energy stocks: CVX, BP, XOM, RDS.B, TOT and COP are treading water right now and are great buys at this point.

      Thanks for stopping by and commenting.

      Cheers.

Leave a Reply