Fifty more dollars
were sent to M1 Finance on 10/24/19 for the dividend portfolio. So far, $650
has been sent over and as of market close on 10/25/19, the account is worth
$677.15. The account total includes $3.52 in invested cash that hasn't been invested.
The same $650
invested in VOO, the Vanguard ETF that tracks the S&P 500, would be worth
$666.61.
The dividends
received after the last update include payments from Cisco Systems, Total (with
tax paid to France), Axis Capital Holdings, Realty Income Corporation,
Occidental Petroleum, National Fuel Gas Company, Leggett & Platt, BCE Inc
(with tax paid to Canada), and Schluberger.
Taxes on dividends
have never made sense to me because dividends come from already taxed money,
but that's the nature of the investing game. Again, a reminder for American
investors: if you invest in foreign stocks for the dividends instead of the
potential capital gains, consider buying them in a taxable account so that you
can deduct or get a credit for the foreign taxes you pay. Holding the foreign
stocks in your IRA won't stop the foreign countries from taxing you, and you
won't be able to get some money back when you file your American taxes.
My next portfolio
update would normally be posted on 11/9/19, but I'll be out of the country so I
might not have time to do so. However, $50 more will go to M1 because it's
automatic. Automate everything you can to make your life easier and yourself
more productive. We live in a great time for this sort of thing. In the past,
you'd have to pay someone to do the necessary things for you that weren't worth
your time. Now it's just a few clicks in a browser or an app and you're set.
|
Date
|
Additional Investment
|
Running Total Investment
|
Dividend Portfolio Account Value
|
Additional Benchmark VOO Shares
|
Running Total Benchmark VOO Shares
|
VOO Closing Share Price
|
Benchmark VOO Value
|
Dividend Portfolio VS Benchmark
|
Comment
|
|
6/24/19
|
$200.00
|
$200.00
|
$200.00
|
0.737844
|
0.737844
|
$271.06
|
$200.00
|
0.000%
|
|
|
7/2/19
|
$0.00
|
$200.00
|
$200.00
|
0.003756
|
0.741600
|
$272.23
|
$201.89
|
-0.934%
|
$1.0226
dividend received and reinvested into VOO
|
|
7/3/19
|
$50.00
|
$250.00
|
$252.22
|
0.182269
|
0.923869
|
$274.32
|
$253.44
|
-0.480%
|
|
|
7/18/19
|
$50.00
|
$300.00
|
$299.10
|
0.182202
|
1.106071
|
$274.42
|
$303.53
|
-1.459%
|
|
|
8/2/19
|
$50.00
|
$350.00
|
$343.48
|
0.186005
|
1.292076
|
$268.81
|
$347.32
|
-1.106%
|
|
|
8/16/19
|
$50.00
|
$400.00
|
$385.57
|
0.188523
|
1.480599
|
$265.22
|
$392.68
|
-1.812%
|
|
|
8/30/19
|
$0.00
|
$400.00
|
$389.89
|
0.000000
|
1.480599
|
$268.60
|
$397.69
|
-1.961%
|
Forgot
to transfer $50
|
|
9/3/19
|
$50.00
|
$450.00
|
$439.89
|
0.187189
|
1.667788
|
$267.11
|
$445.48
|
-1.255%
|
|
|
9/12/19
|
$50.00
|
$500.00
|
$514.39
|
0.180734
|
1.848522
|
$276.65
|
$511.39
|
0.586%
|
|
|
9/27/19
|
$50.00
|
$550.00
|
$563.02
|
0.180989
|
2.029511
|
$276.26
|
$560.67
|
0.419%
|
|
|
10/1/19
|
$0.00
|
$550.00
|
$548.87
|
0.009807
|
2.039318
|
$269.32
|
$549.23
|
-0.065%
|
$2.6412
dividend received and reinvested into VOO
|
|
10/10/19
|
$50.00
|
$600.00
|
$610.45
|
0.185653
|
2.224970
|
$272.13
|
$605.48
|
0.821%
|
|
|
10/25/19
|
$50.00
|
$650.00
|
$677.15
|
0.181232
|
2.406202
|
$277.04
|
$666.61
|
1.580%
|
|
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