Portfolio Update – May 2015

The market in month of April rallied with S&P (ETF: SPY) gaining almost 2%, as compared to more than 4% drop in March; volatility is becoming the name of the game recently. The moody market never goes straight up or down but over long period, direction of market is up and will rewards patient investors like us.

I allocated capital in energy securities that have started rallying from Jan bottom but still under-valued in my opinion: ONEOK Inc. (OKE) with current dividend yield of 5.48%. Oil related market segment is a difficult beast to predict, however, it does not matter to long term investors as long as we can enter it at a decent price point.

I initiated 10 positions in OKE on 4/13 at $49.57 and added 10 more positions on 4/20 at $49.57 in my taxable account. At current yields, it will add an amount of $48.40 annually to my passive dividend income.  I also added small amounts in other securities: ABBV, CL, COP, XOM, IBM, KMI, RDS.B, CLX, T, and VZ in my DRIP Portfolio. This will push me closer to being financially independent in 12 years.

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 April is $74,673.42 which is 7.6% increase over March Portfolio value of $69,385.54. I’m excited that my portfolio is getting close to a magic number of $75K 🙂

Full Disclosure: Long on the above mentioned securities.

Thanks for reading.

How is your portfolio doing recently? Getting excited on progress.

6 thoughts on “Portfolio Update – May 2015

  1. Hi PIM,

    Congrats on your purchase in OKE. Don’t know much about them but energy is definitely been volatile lately, up and down like hell. Like you said though, for us long-term investors it should pan out nicely in the grand scheme of things.

    Best regards,
    Dividend Beginner

    1. Hi DB,

      Definitely. Over long-term terms, volatility actually helps us to buy companies at discounted price and boosting overall returns. Appreciate liking the purchase.

      Thanks for stopping by!

  2. 7.6% gain in one month is pretty awesome… Now if we could just do that every month, we would be set! haha

    I have not calculated my total yet but my wife and I had 2 purchases this past month so we could be looking at a decent size jump as well.

    Keep up the great work.

    1. Hi ADD,

      ha! That would be incredible returns 🙂 Congrats on your decent size jump and hope we should be set for life!

      Thanks for stopping by as always.

    1. Hi LD,

      Absolutely. I’ve worked hard to come to the position where I’m right now, and now targeting $3500 in passive dividend income this year. You will also achieve it if you keep at it steadily, my friend.

      Thanks for stopping by!

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