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.

Investor Monkey - Portfolio

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%

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