Last month was once again a month driven by market volatility. This means: plenty of buying opportunities!
But first I want to list my income and expenses. After the expensive July, I’m back on track to show a steady high savings rate! This doesn’t mean I denied the beauty of life – I just refused to choose the expensive ones. For example on one weekend in September we went hiking to the top of the nearly 8000 ft (2400 m) Swiss mountain Niesen. It was beautiful – and you know what? It only costs us a few liters of gasoline. Enjoying life and saving at the same time is the key to a sustainable high savings rate.
(assuming €:$ 1:1.2 currency exchange rate )
|Day Job Paycheck||$4304|
|Saved Net Income||68%|
68% saved this month! This is the second highest saving rate this year (after January).
In the following months I see quite some unusual expenses coming (new brakes and monthly loan payment for the new car), but we’ll see!
I’m following all of my holdings if they fall below my predefined target prices, mostly 10% below my last purchase price. This month, nearly all holdings fell into the buying zone, but not at the same time.
I had to choose between a great variety of stock names. In the end I only added one new holding to my portfolio: AMGEN. The bluechip version of a biotech company with an attractive yield (comparing to GILEAD) and a fair valuation at 137.73. I had a hard time deciding between GILEAD and AMGEN but decided to add a new name to the list.
The energy sector also continues to give opportunities all over – OKE, KMI, BP, BBL, RDS.B, HP. But I choose to add to KMI this time. OKE was below my target price too, but unfortunately I had no money left.
The industrial sector is giving another good entry valuations in DOV, MMM, ETN, UTX, EMR, CAT, PH, DE and CMI. I’m especially interested in ETN, but I had no reserves left. Hopefully the market continues to decline and give me more time to deploy my money at these exceptional prices.
100 shares of ZIOP
I thought – let’s add a growth stock to my portfolio – but what do you do if this stock gains 70% in under a month? It really shows to me that the dividend investment strategy is the way to go for me. I couldn’t let the opportunity pass to sell the stock at a much greater price. Maybe I add it again, but I won’t include it here in my portfolio because I consider this as stock trading not investing.
$186 in collected dividends! National Oilwell Varco and Triple Point Venture Growth paid their first dividends to me and I’m more than happy to take it from them! For the record – I mistakenly included the TPVG dividend last month, but it was paid in September! The correct dividend amount is reflected in the following bar charts: