How My Stock Portfolio Rose £170 in Oct 22

Welcome to my October 2022 Portfolio Report.

The investment value of my fund rose by +£170.14 (0.8%) across the month of October 2022. This figure excludes the benefit of any additional deposits made and focuses solely on return achieved on existing capital.

£0.00 additional deposits were pumped into the fund this month, £0.00 worth of stocks were sold, with £541.28 of total capital being invested into additional holdings. £49.48 in additional deposits were made due to income from dividends being transferred into the capital account.

The additional deposits and dividend income minus the capital difference invested and account fees has therefore led to a decrease in the capital held on deposit which has fallen from £531.14 to £39.44

Capital held on deposit now sits at 0.2% of the value of the fund.

The total value of the fund, along with the cash held on deposit sits at £21,204.35

2022 Performance

On 1st January 2022 the account sat at a value of £28,192.65. Since then I’ve pumped in a further £2,165 into the fund. Today’s value of £21,204.35 minus the £2,165 additional deposits, means that I’ve made an investment return of -£9,153.30 so far this year which represents -32% loss in value so far in 2022.

My Thoughts

This month I added some more STOCK 33 shares, buying another 27 for £19.50 per share, using cash built up largely from the accumulation of dividend payments over the months.

There’s something quite satisfying about being paid dividends and using those funds to buy more shares. Leading to higher dividends, which will ultimately be spent on more shares….and so goes the money making machine.

To be honest, I was somewhat spoilt for choice this month and I ‘ummed and arrred’ about where to use the capital. In the end I opted for STOCK 33 because the price was great, I was keen to bring them up to being one of my largest holdings, and whilst it’s not my focus, they do pay a hefty dividend each year.

Hoping For More Growth

I was half expecting more growth this month when I started calculating how things had gone for October. Unfortunately, whilst we saw plenty of share price growth across several of my stocks (and indeed within my portfolio) the -7% drops in STOCK 29 and STOCK 46 offset any gains due to the fact I hold large positions in both of those stocks.

Remember, my stocks are handpicked due to their significant superiority in profitability and re-investment into growth. If we were investing in stocks haemorrhaging money each year I might be more worried.

But look 5 years ahead and the stocks making great profits through all this should be in great shape when investor certainty returns.

Portfolio

SHARES	STOCK	COST (£)	MARKET (£)	GAIN (£)	GAIN (%)
120	STOCK 1	877.62	872.40	-5.22	-0.59
683	STOCK 4	3,931.89	3,510.62	-421.27	-10.71
30	STOCK 23	493.50	745.80	252.30	51.12
51	STOCK 2	1,028.30	1,078.65	50.35	4.89
1902	STOCK 25	2,584.60	1,787.88	-796.72	-30.82
991	STOCK 29	2,152.17	2,170.29	18.12	0.84
35	STOCK 16	501.53	565.25	63.72	12.70
936	STOCK 32	747.83	711.36	-36.47	-4.87
110	STOCK 34	1,557.70	1,608.20	50.50	3.24
13	STOCK 17	248.05	591.50	343.45	138.45
2619	STOCK 43	599.64	419.04	-180.60	-30.11
138	STOCK 39	249.26	276.00	26.74	10.72
1855	STOCK 46	2,540.51	2,374.40	-166.11	-6.54
109	STOCK 49	409.80	408.75	-1.05	0.25
304	STOCK 55	1,048.02	310.08	-737.94	-70.41
219	STOCK 47	1,187.36	451.14	-736.22	-62.00
111	STOCK 33	3,068.48	2,238.87	-829.61	-27.03
50	STOCK 24	800.20	520.00	-280.20	-35.00
26	STOCK 45	491.34	524.68	33.34	6.79
	TOTAL	24,517.80	21,164.91	-3,352.89	-13.68
	CASH		39.44
	TOTAL PORTFOLIO VALUE		21,204.35

Dividend History

£49.48 was received this month in dividends and re-invested into the fund. We have received a total of £695.92 in dividends for 2022 so far which is an average passive income of approximately £70 a month. I am hoping for a 2.5% yield from my account each year (approx £700 in 2022).

By this time last year we had received £558 in Dividends.

23 Performance Tracker

My goal is to reach £1,024,864 in account value within 23 years from the start of this project. I plan to get there by achieving an average annual return of 15% from my stock picks and an additional average 2.5% annual dividend yield which will be re-invested into the fund for compounded growth. This also assumes a £250/month cash input to aid growth. This progress is represented as the blue ‘trajectory’ line.

My financial forecasts suggest that to stay on track and reach my goal I must finish 2022 on £19,169. 

However, I am approximately 1 year ahead of schedule of reaching my target of £1,024,864 by 2042, which gives me plenty of room should I suffer 1-2 poorer years along the way like we are seeing now in 2022.

These projections are already based on conservative returns, based on historical performance of my handpicked stocks. I am therefore left in no doubt that I will make my target far sooner than planned. Initial projections suggested I would reach my end target aged 61. However, current projections now suggest the milestone will be reached by the age of 59. I hope to get there before I hit 55.

Join Me On My Journey

I hope you continue to join me for this rollercoaster ride across 2022 and our forthcoming years of financial growth. I sincerely hope to one day be able to meet some members in person and bask in each others stories of success. Nothing will please me more than for my hours and hours of analysis to have had significant positive impacts on peoples financial lives and wellbeing.

This is an incredible journey, growing a starter portfolio of £4k to £1 million. It will take best part of 20-25 years to achieve. However, I hope these monthly reports become a roadmap of sorts that future generations can take.

I certainly intend for my children to take on the baton and continue running with it long after i’m gone. For me, this is a the start of the Chillingworth legacy.

Whilst I started in my 30’s with less than £10k, my children will start in their 20’s with perhaps £100k each. Their children may start with a million each.

Their children could eventually be billionaires. Whilst I won’t be around to witness it, I’d be happy knowing I came into and then left this world having made a positive impact to my family in this way.