Welcome to my February 2023 Portfolio Report.
My stock portfolio fell in value by £153.54 (+-0.6%) across the month of February 2023. This figure excludes the benefit of any additional deposits made and focuses solely on return achieved on existing capital.
£250.00 additional deposits were pumped into the fund this month, £0.00 worth of stocks were sold, with £0.00 of total capital being invested into additional holdings. £47.66 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 risen from £398.74 to £583.74
Capital held on deposit now sits at 2.3% of the value of the fund.
The total value of the fund, along with the cash held on deposit sits at £25,448.94
2023 Performance
On 1st January 2023 the account sat at a value of £22,630.27. Since then I’ve pumped in a further £400 into the fund. Today’s value of £25,448.94 minus the £400 additional deposits, means that I’ve made an investment return of £2,418.67 so far this year which represents +10.7% gain in value for the year.
My Thoughts
Whilst the wider watchlist of my handpicked stocks rose on average +0.5% in value over the month of February, my own personal portfolio fell -0.6% in value. This is largely due to the structure of my portfolio as there are many stocks from my handpicked watchlist that I don’t own largely due to share price values being too high. There is also the fact that 50% of my portfolio is invested in only 4 main holdings. And so there are always likely to differences between the watchlist performance and my own.
That said, it was a relatively flat month in February all round, after a wonderful start to the year in January.
I managed to invest another £250 into the fund this month (and have also managed to do the same in early March, which will show up in next months report).
Right now I haven’t put that capital to work. There is no immediate rush, but I hope to sit down soon and have a good look at where it’s going to go. I am tempted to increase my position in Stock 33, but also considering investing further into Stock 24 at these low prices.
This month was somewhat damaged by my position in Stock 34 and 43 getting hit with big drops. Had those not occurred I believe we would have seen another increase in value for the month.
However, we are well ahead of schedule on the quest to reach £1,024,867 and I am happy with how things are progressing.
Portfolio
| SHARES | STOCK | COST (£) | MARKET (£) | GAIN (£) | GAIN (%) |
|---|---|---|---|---|---|
| 120 | STOCK 1 | 877.62 | 898.80 | 21.18 | 2.41 |
| 683 | STOCK 4 | 3,931.89 | 4,897.11 | 965.22 | 24.55 |
| 30 | STOCK 23 | 493.50 | 834.60 | 341.10 | 69.12 |
| 51 | STOCK 2 | 1,028.30 | 1,103.64 | 75.34 | 7.32 |
| 1902 | STOCK 25 | 2,584.60 | 2,339.46 | -245.14 | -9.48 |
| 991 | STOCK 29 | 2,152.17 | 2,180.20 | 28.03 | 1.30 |
| 35 | STOCK 16 | 501.53 | 630.00 | 128.47 | 25.61 |
| 936 | STOCK 32 | 747.83 | 851.76 | 103.93 | 13.90 |
| 110 | STOCK 34 | 1,557.70 | 1,536.70 | -21.00 | -1.35 |
| 13 | STOCK 17 | 248.05 | 716.30 | 468.25 | 188.77 |
| 2619 | STOCK 43 | 599.64 | 602.37 | 2.73 | 0.45 |
| 138 | STOCK 39 | 249.26 | 336.72 | 87.46 | 35.08 |
| 1855 | STOCK 46 | 2,540.51 | 2,968.00 | 427.49 | 16.83 |
| 109 | STOCK 49 | 409.80 | 352.07 | -57.73 | -14.09 |
| 304 | STOCK 55 | 1,048.02 | 446.88 | -601.14 | -57.35 |
| 219 | STOCK 47 | 1,187.36 | 534.36 | -653.00 | -54.99 |
| 111 | STOCK 33 | 3,068.48 | 2,443.11 | -625.37 | -20.38 |
| 50 | STOCK 24 | 800.20 | 488.00 | -312.20 | -39.01 |
| 26 | STOCK 45 | 491.34 | 705.12 | 213.78 | 43.51 |
| TOTAL | 24,517.80 | 24,865.20 | 347.40 | 1.41 | |
| CASH | 583.74 | ||||
| TOTAL PORTFOLIO VALUE | 25,448.94 |
Dividend History
£47.66 was received this month in dividends and re-invested into the fund. We received a total of £58.07 in dividends for 2023 which is an average passive income of approximately £29 a month. I am hoping for a 2.5% yield from my account each year (approx £625 in 2023). This time last year we had received £39.03 in Dividends.
Historical 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 had to 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 2023 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.