I thought I would do a new series on the blog, looking at how my portfolio is growing throughout the year. I am going to do these type of updates at the end of every quarter, so I can see how it changes and (hopefully) grows over time.

 

I love seeing other investors and what their portfolios contain, to see if we have similar holdings or for inspiration to do research in different shares that I perhaps wouldn’t have considered. My portfolio is another branch of our early retirement plan, in the sense that I am investing in dividend paying shares, along with some funds, so that it begins to produce another stream of income. And, over time, when the magic snowball effect starts to come into play, the numbers should be quite significant.

 

Stocks

Company

No. of shares

Dividend?

BT

100

Yes

ITV Plc

100

Yes

Lloyds Banking Group

150

Yes

Marks and Spencer

16

Yes

Morrisons Supermarkets

150

Yes

Next

9

Yes

Sirius Minerals

1000

No

Vodafone

17

Yes

Whitbread

40

Yes

Funds

CF Woodford Equity Income

129.48

Vanguard LifeStrategy 60% Equity

5.37

 

The weighting in my stocks and shares ISA is currently Equities 78.7%/Funds 20.1%/Cash 1.2% which is slightly different to the weightings I originally planned on. I did plan on having more that 20% of funds, but I haven’t found any more that I want to invest it, as of yet. The Sirius Minerals investment is a bit of a gamble in a way; I bought them at 15p a share so they haven’t cost me much but I’m hoping that they’ll grow in cost, as they are not currently a dividend paying stock. I have been keeping an eye on them and the company, and I think they should do quite well in the long term. However, we shall see.

Portfolio Progress First Quarter 2016

 

With all the dividends received throughout the year, I intend to buy more shares in other companies. I am hoping to top up my position in Next and Whitbread, but they’re the two most expensive shares I own so at the moment, they are outside of my reach. I would like to own at least 100 shares in each of these companies, but that might take some time.

 

I am still very much in the mindset that buying stocks that pay dividends is the way forward at this point in time. The fact that you can buy tiny parts of a company and then they pay you for owning that tiny part is incredible. I know that dividends are not always a guarantee and that they can be cut or decreased at any stage. However, as a dividend growth investor, that is something I need to keep my eye on! But, being paid mini pay checks for not doing anything is amazing. £10 will become £50, then £100 and so on. Once the dividend income could pay for certain bills, then the ball will really be rolling. I’m so excited to see that happen.

 

How has the first quarter been for your investing?

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