Patient Portfolio Update – May 2018

patient portfolio

May is done and dusted which means it’s time to have a look at the Patient Portfolio (previously The Wealth Building & Income Update).

Let’s see that fantastic passive income:

Passive income

Source

Amount

Dividends

£32.93

Bank

£3.00

Property Partner

£9.25

Rate Setter

£1.74

Wise Alpha

£4.44

Grand Total

£51.08

 

Dividends came in from Apple (£2.75) & Lloyd’s Bank (£30.18). This was slightly less than last year, which included a special dividend payment from Lloyd’s bank.

By automatically reinvesting dividends in May, I was able to pick up 46 extra shares of Lloyd’s bank which takes the total to 1518. I’m convinced that this stock reaches £1 per share… eventually.

Property Partner

Property Partner is a platform I’ve written about and endorsed before. It brings deep sorrow to have to write of its decline. To be brief, the platform has lost its appeal for the following reasons:

  • Increased minimum buy from £50 to £250
  • Announced the discontinuation of the auto-invest feature which allowed you to side-step the above minimum whilst ensuring 5% interest on unallocated funds!
  •  Suspended dividends on 3 properties (1 due to an unforeseen rise in costs & the other 2 because they want to sell the properties & realise a capital gain)

These issues make it impossible to regularly contribute to the platform. However, I can still reinvest the income earned on the platform.

It’s always disappointing when a platform makes changes and is no longer as attractive as before. On the flip side though, this means I have more funds available to add to my Vanguard account!

The Patient Portfolio

patient portfolio

As shown, there was steady growth between the end of April & the end of May.  A notable buy is £90 (EIS eligible) spent on shares in Freetrade (I wrote about the Freetrade app here).  The Freetrade funding campaign was able to raise 500k in just 12 minutes! Insane.

Equally notable, is that I’ve opened an Innovative Finance ISA with Rate Setter which will mean even more of my portfolio free from taxation! In case you’re not familiar with Rate Setter, It’s a p2p lending platform which offers great diversification away from stocks etc.

Portfolio Pie

Heres your serving of delicious Portfolio Pie:

patient portfolio

I’m enjoying the diversification but the allocations could be better, right?

That wraps up another month, I hope your portfolio smashed it in May. Thanks for stopping by!

 

 

Looking Back At Dividends In 2017

dividends

2017 was the first year where I received at least 1 dividend payment in every month. Thrilling.

The dividends I receive have 1 purpose: to help buy more stock (most of which will be dividend payers).

I have the deepest love of receiving dividend payments. I can’t put it any better than Money Grower:

“Unlike my job where I am paid by the hour, the dividends I receive are not linked to my time or effort. By having an ownership stake in the biggest companies in the world, I am reaping the rewards of other peoples hard work. Other peoples time and effort is making me money.” Amen.

My goal is to make £300 from dividends in 2018. I already have 4 new dividend payers (National Grid, Daily Mail General Trust, SSE, GlaxoKlineSmith) in my portfolio which I didn’t have in 2017 and I also plan to buy shares in a few more dividend payers.

On top of that, most of my 2017 dividend payers are increasing their payouts this year. I’m more than ready for dividend growth in 2018.

My full breakdown of dividends in 2017 is below (Sorry about the stock codes, blame my online broker as I copied the data from them!)

Dividends in 2017

Pay date

Stock

Ex-date

Shares

Dividend

13-Jan-17

WALT DISNEY CO. COM DISNEY USD0.01

08-Dec-16

5

£2.24

06-Feb-17

BT GROUP ORD GBP0.05

29-Dec-16

213

£10.33

17-Feb-17

APPLE INC COM NPV

09-Feb-17

6

£1.92

17-Mar-17

EASYJET ORD GBP0.27285714

23-Feb-17

64

£34.43

31-Mar-17

BP ORD USD0.25

16-Feb-17

205

£16.73

06-Apr-17

DIAGEO ORD GBP0.28 101/108

23-Feb-17

21

£4.98

02-May-17

RIT CAP PARTNERS ORD GBP1

06-Apr-17

8

£1.28

16-May-17

LLOYDS BANKING GP ORD GBP0.1

06-Apr-17

1472

£32.38

24-May-17

APPLE INC COM NPV

11-May-17

6

£2.03

07-Jun-17

UNILEVER PLC ORD GBP0.031111

04-May-17

6

£1.81

23-Jun-17

BP ORD USD0.25

11-May-17

205

£15.90

29-Jun-17

MORRISON W SUPRMKT ORD GBP0.10

25-May-17

218

£8.39

28-Jul-17

WALT DISNEY CO. COM DISNEY USD0.01

06-Jul-17

5

£2.09

22-Aug-17

APPLE INC COM NPV

10-Aug-17

6

£2.05

04-Sep-17

BT GROUP ORD GBP0.05

10-Aug-17

310

£32.71

06-Sep-17

UNILEVER PLC ORD GBP0.031111

03-Aug-17

6

£1.91

21-Sep-17

LEGALANDGENERAL GP ORD GBP0.025

17-Aug-17

47

£2.02

22-Sep-17

BP ORD USD0.25

10-Aug-17

205

£15.62

27-Sep-17

LLOYDS BANKING GP ORD GBP0.1

10-Aug-17

1472

£14.72

05-Oct-17

DIAGEO ORD GBP0.28 101/108

10-Aug-17

21

£8.09

31-Oct-17

RIT CAP PARTNERS ORD GBP1

05-Oct-17

18

£2.88

06-Nov-17

MORRISON(W)SUPRMKT ORD GBP0.10

28-Sep-17

218

£3.62

07-Nov-17

APPLE INC COM NPV

10-Nov-17

6

£2.43

13-Dec-17

UNILEVER PLC ORD GBP0.031111

02-Nov-17

6

£1.92

21-Dec-17

BP ORD USD0.25

09-Nov-17

205

£15.26

Total

£237.74

How was 2017 for you in terms of dividends? How much growth are you expecting in 2018?

Let me know in the comments below!

Wealth Building & Income Update – December 2017

passive income

It’s 2018!

What better way to start the year than to recap passive income and portfolio growth for December?

There is no better way, this is the only way. Let’s go!

Passive income for December

Source

Amount

Dividend

£17.18

Bank

£162.86

Property Partner

£6.90

Rate Setter

£1.56

Wise Alpha

£1.99

Grand Total

£190.49 (£30.63)

Dividends streamed in from Unilever (£1.92) and BP (£15.26).

Disclaimer time: the income from the bank category includes £159.86 of interest (the remaining £3 is the monthly reward account bonus). This £159.86 is not used for further investment and is not included in my portfolio below.

However, it is still passive income which was earned and I treat it the same way I treat the other passive income sources – it goes back to work to yield more income. If the inclusion of savings interest does trouble you, the amount excluded the interest is in brackets *insert smiley face*.

I’m gleeful with the £6.90 from Property Partner, I recently wrote about my goal to reach the £10 a month mark on this investment.

Wise Alpha came through with another interest payment in December. I like that.

Portfolio Tracker

Month

Stock

P2P Lending**

Property Partner

ECF*

Crypto

Wise Alpha

Total

MoM increase

Asset purchases

Saved in month

July

£9,895.62

£354.31

£1,790.72

£423.26

£372.93

£301.48

£13,138.32

n/a

£320.00

Aug

£9,705.19

£355.38

£2,056.24

£468.85

£646.42

£303.26

£13,535.34

3.0%

£469.79

£325.00

Sept

£9,824.55

£366.27

£2,234.89

£535.92

£670.45

£405.30

£14,037.38

3.7%

£480.66

£320.00

Oct

£10,205.37

£402.50

£2,295.37

£556.47

£867.43

£407.76

£14,734.90

4.9%

£111.75

£320.00

Nov

£10,587.99

£453.54

£2,301.46

£567.67

£1,328.68

£409.87

£15,649.21

5.9%

£620.00

£585.00

Dec

£10,880.69

£455.56

£2,500.04

£569.00

£3,335.36

£512.52

£18,253.17

16.4%

£1,085.64

£570.00

Total

£2,767.84

£2,440.00

*Seedrs & Crowdcube
**Rate Setter & Assetz Capital

By my standards, an amazing month of growth! 16.4% growth is the Christmas present I didn’t expect.

Again, crypto powered the portfolio forward. I spent a lot diversifying into coins not called bitcoin and luckily nearly all of them went up.

For more on bitcoin, check out this thoughtful piece.

Meanwhile, on Wise Alpha, I bought £100 of this bond to beef up my fixed income. The current yield is 9.5% and the estimated yield to maturity is 8.7% (this income will not be for vegans).

All in all, I’m grateful for all the income and growth I’ve experienced in 2017. Most of all, I’m grateful to you – for reading my blog.

Heres hoping for maximum prosperity and happiness to you in 2018!