About a month ago I published my net worth for the first time. Although it was quite scary to put my number and portfolio out there for everyone to see, the feedback has generally been very positive. Even last week some of you asked if I was going to update my portfolio and net worth regularly. Of course I am!
Currently my net worth is at €45,094.97, which is up 5.24% from last month. Obviously, a large part of the increase is the result of my awesome August savings rate. On top of that the markets have generally been kind to my ETF portfolio after a small dip at the end of July and the beginning of August.
Please note that all numbers below are in Euros only! Even though I own international stocks in other currencies, they are shown in Euros using the last-known exchange rate.
Dividend growth stocks
In August I switched to the dividend growth strategy because I believe it fits my personality better. Consequently, I transferred about €4,000 from my emergency fund and all my July savings to my brokerage account and started buying great value businesses.
The cost basis for each position includes the price of the shares, a 0.25% stock market tax and brokerage fees. Even though the value gain of my dividend portfolio doesn’t matter too much, I’ve added it here for the sake of completeness.
|Ticker||Company||Shares||Cost basis||Mkt. value||Gain|
|DE||Deere & Company||7||452.61||441.27||-2.50%|
|KO||The Coca Cola Company||17||540.05||542.17||+0.39%|
|PG||Proctor & Gamble||9||575.36||576.42||+0.18%|
|JNJ||Johnson & Johnson||6||473.79||482.68||+1.88%|
Because I’ve been buying a lot of individual stocks, I haven’t added any savings to my ETFs since last month. The next ETF purchase is slated for some time in december since my ETF strategy is linked to a dollar-cost averaging technique.
Last month both my World and Europe ETFs were in the red, but with the S&P500 crossing the 2,000 mark they’re now in the green! The recent ECB policy change also helped European stocks climb higher. On top of that the Euro weakened, which provided an extra boost to my non-Euro holdings because of the exchange rate mechanism.
|Ticker||ETF||Cost basis||Mkt. value||Gain|
|IWDA||iShares Core MSCI World||4,982.96||5,214.78||+4.65%|
|IEMA||iShares MSCI Emerging Markets||1,214.59||1,304.10||+7.37%|
|IMAE||iShares MSCI Europe||3,561.94||3,582.48||+0.56%|
My other holdings include a tax-advantaged pension fund, a savings account through an insurance firm with a guaranteed yearly return of 3.15%, and an emergency fund.
|Name||Cost basis||Current value||Gain|
|Pension fund||570.00||573.31||+0.58% and 30% tax break|
|Savings account||N/A||17,612.75||+3.15% guaranteed yearly|
As some of you may have noticed, I’m getting close to my goal of having €20,000 in the stock market by the end of the year. Without any unexpected road bumps investing only €4,000 more seems totally manageable.
A further goal I’ve added for 2014 is to receive about €100 in dividend income after taxes, which is quite ambitious considering I just started. I expect to receive my first actual dividend payment next week from good old Ronny McDonald! Exciting!
Thank your for reading and for your support.