My total portfolio value hit $200k last week for the first time. While I’m not as concerned about my total portfolio value as I am about dividend income, it’s still nice to see the value increase with additions of new capital and capital gains.
I continue, regardless of what the market is doing, to add fresh capital to my portfolio by way of new purchases each week.
I’d like to keep my portfolio at around 40 positions. I do still need to work on my diversification though. If you read My Business Plan, you will notice that my sector weights and international diversity are close to my targets. However, I’d like to add a little more exposure to Mid-Cap stocks.
In order to received $60k in annual dividend income, I’ll need a portfolio valued at over 1.7 Mil that yields an average of 3.5%. So you can see, I’ve got a long ways to go to reach my goal.
It will be great to document my journey to FI. I appreciate everyone that has been supportive and that reads my blog. I try to be as transparent as possibly by posting all my trades, good or bad.
You can find my portfolio created from Google Docs that keeps a live snapshot here.