Welcome to the first monthly dividend portfolio update – March 2020.
One for the history books.
I hope you all are safe, staying indoors, washing your hands and binging on Season 3 of Ozark. I hear it is great.
My wife hadn’t seen Season 1 and 2 so I am re-watching it with her. I know, I am so sweet.
Anyways, following the markets lately?
Yeah, let’s talk about that.
March 2020 – Stock Market Performance
March 2020 Stock Market Performance Summary
S&P 500: -16.36%
Yes, it was brutal. But believe it or not, it wasn’t the worst month ever for the stock market. I know, it sure felt like that.
Historically speaking, March 2020 wasn’t the worst-performing month for the stock market. In September 1931, the Dow lost 30.7%, making it the worst-performing month for the stock market.
Now you know.
My March 2020 – Monthly Dividend Portfolio Update
Dividend Income: $0.11
Starting Value March 1: $202
Investment During the Month: $735
As you can see, I am down by $108.25, or -15.90% for the month.
The industry benchmark for a dividend portfolio is S&P 500. My portfolio did a few basis points better than the S&P 500.
In case you are wondering, my Harvard Business Review Best CEOs list has 14 stocks. If you are on M1 Finance, you can copy my M1 Finance Pie. Even if you are not on M1 Finance, you can view my pie, view the stock list and its allocation percentage.
My worst performer of the month was Ventas, Inc. (VTR) which was down 28%. It’s a REIT and given the current crisis, it’s no surprise that it is taking a hit. I don’t plan on selling it as of right now, but if I do, you will be the first to know.
As a weekly investor in dividend-paying stocks, I buy stocks every Monday or Tuesday, depending on my mood. My weekly investment averaged $185 during the month. Every time I invested, I bought all 14 stocks based on the allocation percentage of my pie.
That’s all for now.
Disclaimer: Dividend.Fun is an informational publication and by reading it, you understand that you are not receiving investment advice. By continuing to use this website, you agree that you have read and accepted the disclaimer and understand it.