Seeking Alpha

Detail Investor's  Instablog

Detail Investor
Send Message
I came across Seeking Alpha while I was on a traveling trip during the early part of 2013, I have been a frequent visitor of Seeking Alpha website ever since I discovered the website. I became a dividend growth investor and created my own dividend portfolio started in 2013. My strategy is to... More
  • 30 And Under 100k Portfolio  14 comments
    Oct 2, 2013 7:04 AM | about stocks: AAPL, AGNC, O, MCD, KO, BP, PBA, T, WFC, JNJ, CLX

    30 and under 100k portfolio.

    Introduction

    I recently found Seeking Alpha few months ago while I was on a backpacking trip. Sounds funny but I had a lot of downtime at nights while traveling, so I actually spent more time on researching investing then before. I now spend more time on Seeking Alpha than any other websites and as a reader and an investor; "A big follower of Integrator http://seekingalpha.com/author/integrator" I decided I have to start writing articles on my own and I also just achieved 100k in my investment account (mostly from my own contribution), I believe this is a good mile stone to start. Hopefully I can get some feedback on some of the actions I took and make few friends along the way.

    For being 29 years old, I would say I have always managed my money pretty well, as in spending and saving. I was introduced to stocks at a young age of 21, however I wish I could of done better with investing. I only completed few transactions, the best thing I did was looked at my portfolio crashed in 2008 and didn't take any action. I believe I need to get more investment educated and be more active; currently I am employing the dividend and growth investment strategy.

    Portfolio

    The title of this article is 30 and under 100k portfolio, the reason I choose this title is to attract younger readers. I found most articles are from more experienced investors, I believe a lot of lessen experiences investors out there like myself would want to share and gather information about investing at a earlier stage. Hopefully at least one person out there can benefits from this article.

    As a young investor that is somewhat financially secure, I take on a passive aggressive approach. My core holding are companies that will be around at least 20+ years, and I also added in some riskier stocks.

    Here are my end goals for this portfolio

    To achieve $1,000,000

    Generate $2,500 avg monthly dividend.

    Why $1m? I think it is only because that is the gold standard of net-worth of the general public, $1m does not mean much in 2013, especially by the time I approach it. However setting a goal make things more interesting, I do not have any big plan on what I would do with the $1m.

    As for the $2,500 monthly dividend, I think that is what a person with a decent education and work ethic would generate each month. If my portfolio can generate $2,500 a month, I feel I have raised a person to a mature growth person to work for me.

    I will achieve these goals from monthly contribution of $2,000 and reinvest dividends.

    Here are the current holdings in the portfolio.

    Market Value

    $97,317.45

       
         

    Symbol

    Last Trade

    Qty

    Price Paid

    Market Val

         

    AAPL

    487.96

    12.15

    $394.19

    5,933.08

    AGNC

    22.86

    165

    $20.96

    3,771.90

    BP

    41.85

    229

    $43.63

    9,583.65

    KO

    37.95

    156.14

    $39.81

    5,925.76

    MCD

    96.13

    65.51

    $97.46

    6,297.48

    O

    40.65

    202.62

    $41.73

    8,236.74

    PBA

    32.92

    1,411.33

    $22.00

    46,460.88

    T

    34.06

    162.02

    $37.42

    5,518.63

    WMT

    73.59

    75.95

    $68.32

    5,589.33

         

    Cash

    5,838.85

       
         

    Few of my holdings are popular among the DG community such as KO, MCD, O, T and WMT.

    I picked up AAPL at a pretty good price point; AAPL is one of the companies that I think may not be around 20 years, I tend to dislike tech companies however I think AAPL is safe for now, but I wouldn't pick it up at current price point.

    AGNC is another risky play for me, and as listed it. I only purchased with $3000, my normally purchase point is at $5,000. I purchased it for the low entry point and the dividend it pays.

    BP is a pick that bothered me for a while; I knew I had to hold either one of CVX, XOM or BP. As a LONG time investor I think BP will bounce from the current low in the long run but it hasn't yet. I will need to see if this pick will work out for my portfolio later.

    I know I am extremely overweight with PBA; actually I invested in PVX which is the one of the very first investment I bought. I kind of just let it sit there and it turned out a pretty good investment also it pays a decent monthly dividend.

    Total Estimated 12months Income

     

     

     

    Announced

    Estimated

    Total

    Dividends

    $522.18

    $4,319.00

    $4,841.18

    Capital Gains

    $0.00

    N/A

    $0.00

    Interest

    N/A

    $0.00

    $0.00

    Principal

    N/A

    $0.00

    $0.00

    Total Income

    $4,841.18

    Here is my current yearly dividend, and it average out at around $400 a month. It is still really far away from my goal of $2,500. If $2,500 monthly income is an adult working for me, currently my portfolio is like a teenager working few hours a week at the mall.

    Watch list

    I have $5,000 right now and I placed an order on JNJ last night but it didn't hit. I am sure I will pick something this week, most likely JNJ or CLX.

    Here are a watch list that I feel will become part of my portfolio only depends on when.

    CAT, CHL, GIS, KRFT, LO, PG, PM, WFC

    This is my very first article, hopefully there will be many more to come. Looking forward to answer all the comments.

    Disclosure: I am long AAPL, AGNC, O, MCD, KO, BP, PBA, T, WFC.

    Additional disclosure: Just a guy with common sense that wants to learn.

    Stocks: AAPL, AGNC, O, MCD, KO, BP, PBA, T, WFC, JNJ, CLX
Back To Detail Investor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (14)
Track new comments
  • Integrator
    , contributor
    Comments (401) | Send Message
     
    That's a good looking portfolio!. I'd try and diversify PBA a little more...looks like its a disproportionally large part of the portfolio
    22 Oct 2013, 08:51 AM Reply Like
  • Detail Investor
    , contributor
    Comments (173) | Send Message
     
    Author’s reply » Yes I know, I think I will break it down when one of the stock on my watch list hits my target purchase price and I do not have enough cash for a single pull.

     

    Missed CAT and CLX this month at a low price point due to lack of free fund.
    28 Oct 2013, 07:56 AM Reply Like
  • webbersworld
    , contributor
    Comments (152) | Send Message
     
    I'm 29 and in a similar financial position and with very similar goals. Good luck, looking forward to following your ride!
    4 Nov 2013, 10:42 AM Reply Like
  • Detail Investor
    , contributor
    Comments (173) | Send Message
     
    Author’s reply » Thanks I will post an update soon, maybe at the end of the month. Did not add any new position, missed a good opportunity on CLX. Are you also doing the dividend growth strategy?
    4 Nov 2013, 08:55 PM Reply Like
  • webbersworld
    , contributor
    Comments (152) | Send Message
     
    Yes - actually very new to the DGI strategy. Currently holding CVX, HAL, CAT, MCD, JPM, AAPL. Have been on the sidelines of late and its allowed me to put together a good amount of funds that are ready to be put to use. Will hopefully be buying a few more companies in the next couple of weeks.

     

    Eyeing KO, XOM, BP, MO, O, FCX, T, PM, AFL
    4 Nov 2013, 11:08 PM Reply Like
  • Detail Investor
    , contributor
    Comments (173) | Send Message
     
    Author’s reply » Great list. Really close to what I have. I will do my next update with the focus on my watchlist.
    5 Nov 2013, 10:53 AM Reply Like
  • Swamp Bull
    , contributor
    Comments (78) | Send Message
     
    Like your view of your portfolio as a child/lackey who grows and earns you money. Humorous yet appropriate!

     

    Curious if you are holding 100% of your investments in a brokerage or a retirement plan (401k, IRA) for tax advantages. I presently am split ~ 50/50 between accessible yet taxable (brokerage) and untouchable yet untaxable (401k, IRA).

     

    Also my investments hit both large and mid caps, with my smallest company (and % stake) in Lindsay Corp, and largest in Visa.

     

    Disclosure: Long (V) and (LNN). Further disclosure: I feel important when I make disclosures.
    21 Feb, 12:48 PM Reply Like
  • AdamDivy
    , contributor
    Comments (412) | Send Message
     
    I like your approach and goals. I have very similar and am just under 30 too but no where near $100k yet.

     

    You've got a new follower!
    21 Feb, 01:13 PM Reply Like
  • BatMatt
    , contributor
    Comments (2) | Send Message
     
    I am also young, currently 27 but the only thing I'm able to do is virtual market stuff. I have no real money I'm able to invest as I have kids which are truly the best investment we can make to the world. But I digress, I am looking as well at a DGI strategy but looking mostly toward MLPs which are great DG stocks that can generate a lot of income, REITS, and also looking at bio-tech and robotics stocks which i feel are going to increase with greater and greater advances and discoveries. Wondering your thoughts on MLPs and REITS? I know come tax time it can be a headache but I feel the advantages far outweigh the risk.
    23 Feb, 08:58 AM Reply Like
  • Detail Investor
    , contributor
    Comments (173) | Send Message
     
    Author’s reply » Hi bat thanks for the comment, to be honest if you don't have capital to invest it is better to spend the effort to look into your personal financial situation before spending too much effort into investing.

     

    Earning - Spending + Investment = Profit
    Profit adds to Investment

     

    Try to find a way to increase your active income and lower your spending first. Investment is only part of the financial equation, and I believe it comes way after.

     

    If you really want advises, give me a pm.
    23 Feb, 11:52 AM Reply Like
  • nikkor
    , contributor
    Comments (56) | Send Message
     
    As a 35 year old investor, I really like how you've outlined your thinking and logic on investing over the long haul. I believe your steady approach will create excellent returns, vs. other approaches.
    Have you considered a dividend-focused ETF? I'm guessing one might be more fee-efficient, decrease volatility, and maybe even provide better returns in the long run.
    24 Feb, 07:59 PM Reply Like
  • Detail Investor
    , contributor
    Comments (173) | Send Message
     
    Author’s reply » Never look into ETF, with a decent financial background not hard to employ the DGI strategy. Check out my next update with comparison between my portfolio and the SP 500.
    25 Jul, 04:44 PM Reply Like
  • charsiewshuz
    , contributor
    Comment (1) | Send Message
     
    Good luck in attaining your goals! Similar to you, I also would love to build a portfolio that would give me a passive income.
    Let's have patience and we will slowly and surely, get there (:
    25 Jul, 11:56 AM Reply Like
  • Detail Investor
    , contributor
    Comments (173) | Send Message
     
    Author’s reply » Yes DGI is a great way to put money aside instead of leaving it in the 0.1% interest saving account. Check out my next update that should be up within the upcoming week.
    25 Jul, 04:44 PM Reply Like
Full index of posts »
Latest Followers

StockTalks

  • 30 And Under Portfolio: Q2 2014 Update http://seekingalpha.com/a/1eajv
    Jul 28, 2014
  • I know I am paying premium but started a 1/3 position on $PG. Officially on the $PG boat.
    Jun 12, 2014
  • Ah can't keep my eyes off $COH, got it on my watch list when I shouldn't.
    Jun 12, 2014
More »

Latest Comments


Most Commented
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.