Portfolio Update (August 2015)

The stock market tumbled on the last two weeks of the month with Dow Jones Industrial Index plunging 4.8%, going as low as 12.0%. Most of the shares have erased their profits gained for the year with the roller coaster ride. Entering the market at a high, my portfolio also suffered but I am confident that the market, in its correction phase, will be able to pick up and push my portfolio into the green zone.

The stock market tumbled on the last two weeks of the month with Dow Jones Industrial Index plunging 4.8%, going as low as 12.0%. Most of the shares have erased their profits gained for the year with the roller coaster ride. Entering the market at a high, my portfolio also suffered but I am confident that the market, in its correction phase, will be able to pick up and push my portfolio into the green zone.

Currently I am building my portfolio and adding new companies. My long-term target for the portfolio is to have shares from a basket of 15 to 20 companies. However, due to the amount that I can afford monthly, I will concentrate first on building the portfolio to have a basket of 6 companies. The current building phase for my portfolio will last till December 2015 before moving on to the next phase, consolidating phase, where I will be increasing my position size for the shares of the 6 companies.

Dividends

Home Depot (NYSE: HD) began trading ex-dividends on September 01, 2015 with cash dividend payment of $0.59 per share to be paid on September 17, 2015. This will be the first dividend to be paid for my new portfolio. I will be reinvesting the dividend payment using Dividend Reinvestment Plan (DRIP).

Profit & Loss

With the tumbling of the stock market, stocks in my portfolio are not being spared either. Johnson & Johnson (NYSE: JNJ) took the greatest hit closing 5.2% in the red while Home Depot (NYSE: HD) closed the month 0.5% in the red, erasing all the profits that was gained initially. Nothing needs to be done as these companies are still doing fundamentally well. As long-term investors, we should not be too worried about a little set-back in our portfolio.

Name Symbol Profit/Loss
Home Depot Inc HD  $2.36 0.50%
Johnson & Johnson  JNJ  $25.95  5.23%