Here is a review of what happened in January:
Dividends: I received a total of $80.54 in dividends from the following stocks:
- CNI: $6.39
- GPC: $24.75
- PM: $42.50
- UNP: $6.90
Dividend Increases: I was pleased to see dividend increases announced for two stocks (click on each stock to see my post about the increase):
Savings: This month I saved $1,228 (42.2%) of my net job income. My savings were decreased by higher discretionary spending (I bought some clothes and a new blender) and the payment of annual membership dues for professional societies associated with my work. In addition, my net job income was slightly lower due to higher payroll taxes.
Transactions: I sold one stock and bought two stocks during the month (click on each transaction to see my post about it):
Portfolio: My portfolio currently consists of 27 stocks and has a market value of $71,148.69 (including cash), which is a 9.2% increase over last month's value. It was my best month ever for capital gains, which represented 73.7% of the increase. The remaining portion came predominantly from new capital.
Seeking Alpha: After not writing anything for a while, I finally published a new article on the investing website Seeking Alpha:
Looking Ahead: February will be a better month for dividends, with a substantial year-over-year increase. I am expecting dividend increases to be announced by GPC, KO, and NVS. The Board of Directors for NVS has already proposed a dividend increase, but it has to be approved by shareholders at the AGM on February 22. My savings rate should improve in February due to lower expenses than in January. As discussed in the post about my Roth IRA, my next few purchases will be in that account. I have already funded it with $5,000, but I do not plan to invest all the money at once. I will likely continue making one purchase each month (aside from any purchases made to offset sales, as was the case in January). Also, my February and March savings will go toward replacing some money I borrowed from my cash reserve to make the maximum contribution to my Roth IRA for 2012. Thus, my investing will proceed as usual, provided I can find some attractively valued stocks in the current market environment. In particular, I will be looking for stocks with yields above 3% that I can purchase for my Roth IRA.