Grow Your Dough Investing Update: March 2014

Grow Your Dough Investing Update: March 2014

Another month, another Grow Your Dough investing update. My portfolio continues to increase in value. And I’m bringing in dividends.

My March Grow Your Dough update actually includes the first day in April. Which is great, because stocks have been doing pretty ok the last couple of sessions.

Here’s where I’m at right now:

Grow Your Dough Investing Update

Looking at this, it’s super-awesome that I’m including the first day of April in March’s update because the day’s return wasn’t that bad at all.

In March, I found myself with a little extra cash. I sold my AT&T shares in February, and bought some shares of a dividend-paying commodity ETF. However, I didn’t buy enough to use up my cash, so it was sitting there for the better part of a month. I decided to buy a share of another dividend fund. It’s inexpensive, and seems to be doing fairly well right now, so I will probably buy more of it next time I get enough cash to do so.

Dividend ETF

It’s a bit of a challenge to buy, though, because the way Kapitall is set up, the free trades I get don’t “count” until after the trade is made. So, even though I had enough to buy two shares, the fee meant that it looked like I didn’t have enough cash, and part of this investing challenge is to avoid adding outside cash to the account. This is one of the issues I’m having right now; I’m not allowed to buy as many shares as I could, because the cost of the trade is deducted after the fact. It’s frustrating.

I do need to figure out whether or not I’m glad I sold the AT&T and bought a commodity ETF. The fact that gold prices have dropped since the purchase, and oil prices have risen, makes it a mixed bag.

ATT

Commodity ETF

So far, I’m doing better with the commodity ETF. The first number is the total return, which for AT&T is -4.91 percent. The commodity ETF was down today, but it’s overall return is 3.94 percent. So it looks like I’m mostly ahead by buying this fund. It also goes to show that funds are better than stock picking almost all of the time.

Finally, I am happy to be receiving dividends. Sadly, there isn’t a lot to be said for my dividend income right now, since I have very few shares of anything. But a couple bucks a month is a couple bucks a month.

Dividends

I’ve been happy with my portfolio so far. It’s been performing acceptably, and it is somewhere in the middle of the pack with my peers. And, of course, as long as I’m up, that counts as a win, right?

photo by: 401(K) 2013

Written by Miranda Marquit

Miranda Marquit is a freelance writer and professional blogger, specializing in personal finance, small business, and investing topics. She writes for a number of financial web sites and blogs, and has been featured in numerous media. Read about life as a freelancer at MirandaMarquit.com and in her book Confessions of a Professional Blogger.

2 Responses to Grow Your Dough Investing Update: March 2014

    • I’m really excited about my dividend portfolio. It’s nothing great right now, but I hope it will be in the future.

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