Each month I update the Pocket Change Portfolio (PCP). The table below reconciles the PCP from beginning of period to end of period for July 2009, Year-To-Date (2009) and Life-To-Date. The Portfolio Returns line provides the calculated return for the three displayed periods.
Description | July-2009 | Year-To-Date | Life-To-Date |
Beg. Portfolio Value | 7,169.98 | 3,395.62 | - |
Online Cash Receipts | 913.73 | 4,699.78 | 8,248.12 |
Online Expenses | - | (30.00) | (117.87) |
Gross Profit | 913.73 | 4,669.78 | 8,130.25 |
Dividends | - | 88.32 | 113.48 |
Interest Income | 1.27 | 7.25 | 13.40 |
Subtotal | 915.00 | 4,765.35 | 8,257.13 |
Gain/(Loss) | 364.85 | 288.86 | 192.70 |
Ending Portfolio Value | 8,449.83 | 8,449.83 | 8,449.83 |
Portfolio Returns | 4.53% | 9.20% | 8.53% |
Online Cash Receipts are the collected earnings from my online endeavors. Most of which is advertising on the my various blogs. The year-to-date $30.00 Online Expenses relates to registering 3 domains (DividendsValue.com, Dividends4Life.com and TheDiv-Net.com). I did not receive any Dividends in July. The Interest Income line is interest earned on cash balances in an ING account I set up for the PCP. The Gain/(Loss) line is for market changes to the PCP (realized and unrealized).
The portfolio did very well in the month of July, taking the Year-To-Date and Life-To-Date returns positive. Online earnings in July continued to improve as I added a new subscriber only Premium Services section.
During the month of July, I purchased 14 shares of Vanguard Long-Term Bond ETF (BLV). This will provide me $56.00 in annual earnings at the current dividend rate. Including the BLV ETF, my annual PCP dividend income is now $315.10 at the current dividend rates. I ended the month with $954.61 in cash, so I will have to wait until September to purchase my eighth PCP stock. It is my goal to have sufficient earnings to purchase a stock at least eight times a year. Through July I have purchased five stocks this year.
My PCP holdings are always available by selecting the Holdings option from the menu in the header. The next PCP update will be mid-September.
