Hello everyone!
This was a fun month with a lot of progress on the startup front. Letβs get started with the monthly update.
Overview
π€ Dividends update
π₯§ Portfolio update
π Startup update
π€ Dividends update
Like I told you in the first update of this year, this year I will be concentrating my portfolio to have stronger dividend growth companies. We have decreased the monthly dividend from $1,400 to around $700 in exchange for a 14% dividend CAGR (previously 6%) and a 2.83% dividend yield.
In the month of Feb, I collected 4 checks from COST, ASML, JEPI, and AAPL. I made $ 1,131.67 from these 4 stocks.
Looking at the YoY chart, in Feb we are getting more dividends than last year. I removed one dividend experiment month of Sep 2022 so I can show better dividend growth.
π₯§ Portfolio update
This month was brutal, especially because U 0.00%β went down 25% after an earnings report. I am in $20k red this month - the highest losses coming from U 0.00%β and, ASML 0.00%β.
I am reconsidering my U 0.00%β position but will wait 2 more quarters before I make any decision.
This month I didnβt make any big purchases, I only bought SCHD 0.00%β every trading day and re-invested the dividends.
π Startup update
We made significant progress on the startup front - we have an MVP demo ready, and we made our 2nd hire who will work to train our AI. We also have decided to apply to Y-combinator. It would be a great validation for us if we get to YC, if not weβll learn a lot about our future.
Also, pitched to a few VCs that were interested in the product.
Thatβs the month of Feb. Hoping to have better stock month for March and working to keep the momentum of Feb for startup.