Month review of my Vrijheid Fonds for May 2020
The month of May is already behind us. It was a month with a nice rebound of the markets. The world’s economy is slowing moving the right way again after almost a complete worldwide shutdown due to COVID-19. Furthermore we saw an increase in the demand for oil and gas again.
If we look here in Europe, most of the countries are slowly opening up their economies again. Here in The Netherlands the Intelligent Lockdown has transformed in a 1.5-meter-economy. All shops and restaurant are open again, and within a few weeks the gym will also be allowed to open again. And all schools have started again, and the primary schools are back to normal.
Social distancing is still mandatory, and we have to wear face masks in all public transportation. I still find it a strange time to live in. But enough about the pandemic, it is time to tell how much passive income I have received last month.
This is a blog post about my favorite topic, dividends! I hope this month review inspires other people out there to start saving and investing as soon as they can. The power you feel knowing that you are richer than you were yesterday, and you didn’t have to work a minute for it, is a wonderful feeling.
In total I received € 243.84 ($ 271.51) in passive income in May. My Vrijheid Fonds had just one dividend increase this month! Procter & Gamble raised its dividend with 6.0%. I love these kind of increases!
If we take a closer look, the dividend was coming from:
Bayer AG (BAYN) € 24.74
AbbVie (ABBV) € 39.63
AT&T (T) € 61.53
Omega Healthcare Investments (OHI) € 73.65
Procter & Gamble (PG) € 22.94
Realty Income (O) € 21.35
That makes a total of € 243.84. This is € 67.21 less than last year’s dividend. However, my mutual funds normally pay their dividend in May. So, If I take the dividend of the mutual funds out of the equation, my Vrijheid Fonds had an increase of 9.96%. This extra money is now working very hard for me 😄
For an update of my Dividend Income click the hyperlink. In 2020 I received a total in passive income of € 1,504.81
If we take a look at my Vrijheid Fonds (Freedom Fund), we can see it was a good month.
My total portfolio value at the end of May is € 123,648, which is an increase of 2.61% over last month (€ 120,505). This is still almost 9% below my all-time-high. But you don’t hear me complaining. Buying opportunities, only buying opportunities.
I have donated € 1,900 of fresh capital to my Vrijheid Fonds this month. I know that this a very big amount. This is because it is my contribution of actually two months. But still a very nice amount to buy new shares with 😁
This month I averaged down on two of my positions of my Vrijheid Fonds. In the beginning of the month I have bought 39 shares of NN Group NV. For more information, read my post Recent buy NN Group NV – May 2020.
And after I received my paycheck from my boss, I have bought 6 additional shares of 3M Company. For more information about this buy, just read my post Recent buy 3M company – May 2020.
Again, this month I made a nice step in my journey.
This was already my month review, how was your month? Did you receive more dividends than last year? And did you make a new buy?
I like to hear from you.
Thanks for reading!
Because all figures I give are in Euro’s. And because the exchange rates are not constant (duh…) my passive income changes per month (even if the dividend stays the same). For the record: I only post my passive income from dividend the month I received it on my brokers account. And it is after taxes.