Another month has passed and another month to look back on. I hope another month closer to Financial Freedom. Let’s see what August brought us.
This month I purchased a small amount of a new company. In the beginning of the month I re-allocate some assets form my savings account to my brokers account. I did my analysis and read a number of articles and bought 24 stocks of Aflac. Read my analysis Pollie-style here.
With the purchase of Aflac my diversification is on-route. The financial sector is now also present in Pollies Freedom Fund.
This month only three stocks were down from last month: MCD, T, ARCP.
But I think all three will gain new momentum in the coming months. Ofcourse there is a risk for MCD from the development in Russia / Ukraine. But it still remains a great stock with a hell of a track record. And plenty of room for growth.
At this moment I own 10 different companies.
Let’s take a look at my goals I set for 2014.
- Save 25% of my income on average
I’m well on my way. At this moment my average saving percentage is nearly 25%. I’ll reach my goal on this one.
- At least € 15,000.- on my personal savings account.
This goal I’ll reach. With 4 more months to go and just € 500.- short, this will not be a problem.
- Invest in total of € 1,500.- in new stocks
Till this date I put € 1,000.- of new cash in my brokers account. So I’m not there yet. Let’s pick up the pace in the last couple of months
- Receive € 1,200,- of dividend during the year 2014
As you can read on my Dividend Income page, I received a total of €653.- till the month of august. And if I summarize my future dividend for 2014 the prognoses is I receive € 1,050.- of dividend in 2014. So a little bit short of my goal.
My total portfolio value at the end of August is $41,118 which is an increase of 3.26% over last month July (€ 39,886). Part of the gain came due to market lift off and the other part due to a stronger Dollar against the Euro
Thanks for reading!