Road To Financial Independence: Growing Dividends, Endless Opportunities But Limited Capital

The stock markets never stop to amaze me. While July was heavily driven by concerns about a deteriorating trade war, August, in general, was a big rally, with markets hitting new highs and the euro dropping down to as low as $1.13.
Overall net capital spending was around $2,650 as I divested various smaller holdings, entered new speculative positions, and invested into Chinese stocks as well as Germany's best stock, Wirecard AG (OTCPK: WRCDF).
Earnings season continued, and Apple's (Nasdaq: AAPL) ongoing post-earnings rally has propelled my portfolio to new records as the company crushed the $1 trillion market cap barrier and has never looked back ever since. Chinese stocks got hammered as volatility spiked. While the broad market seems to have let off the US-China trade war, Chinese stocks were not immune to the lingering uncertainty and are trading between 20-40% below their 52-week highs despite sizzling earnings.
Portfolio Changes | 6 new stocks, 4 sales, 3 trims and 20 repurchases I deployed around $2,650 in fresh capital in July, which means it was a rather quiet month but still way above my minimum target of $1,000, which I have increased to $1,500 now that the dividends and income from Seeking Alpha allow me to invest more than before. Still, at $2,650 capital deployment, this also means that I am reducing overall liquidity in a market which keeps on setting new highs and could be one tweet way from a major correction. However, as it is anyone's guess... Read more