Today, on July 13th, we are celebrating both 1-year anniversaries for our baby daughter and her stock investment portfolio.
In today's article, I will shed some light on the second (investment portfolio) a year after.
Originally I come up with a plan to build a high-yield $10,000 child investment portfolio by the time our baby girl will turn 2. (July 2020). Right now we are looking at $80-$100 monthly dividends by the time she will turn 2.
Since July 2018 we have invested $5,485.07 in 8 stocks. In our first year, we have generated a dividend income of $241.36 ($71.12 back in 2018; $170.14 in 2019). That's about 4.4% dividend yield.
Unfortunately, we have experienced a -4.75% value drop, luckily dividends level things up, and after the first year, the value + dividends = -0.13%.
| Ticker | Price | Shares | Cost Basis | Dividends | |||
| Invested |
Market value |
2018 | 2019 | Lifetime | |||
| CLM | $12.03 | 35 | $504.80 | $421.05 | $35.18 | $36.66 | $71.84 |
| EDI | $12.97 | 100 | $1,269.40 | $1,297.00 | $17.34 | $34.67 | $52.01 |
| WPG | $3.76 | 88 | $550.88 | $330.88 | $18.70 | $37.40 | $56.10 |
| CODI | $19.75 | 38 | $608.38 | $750.50 | $8.72 | $8.72 | |
| NCV | $5.69 | 95 | $602.77 | $540.55 | $12.63 | $12.63 | |
| AWP | $6.34 | 100 | $601.00 | $634.00 | $12.75 | $12.75 | |
| RA | $21.91 | 28 | $616.84 | $613.48 | $9.46 | $9.46 | |
| PEI | $6.49 | 100 | $731.00 | $649.00 | $17.85 | $17.85 | |
| Total | 584 | $5,485.07 | $5,236.46 | $71.22 | $170.14 | $241.36 | |
Our child's portfolio now has as TTM at $590.64, giving daily $1.62 and hourly 0.07$.
- On the average portfolio generates $49.22/mo
Plans / Goals for Second child's Stock Investment anniversary
We are looking on about invested $10.000 by July 2020, our goal is to reach on the average $110/mo from dividend income.
For the next year, I will look for more stocks on which we could sell options to generate additional income, and boost our dividend income portfolio for baby daughter.