Dividend Portfolio Review: 22% Y/Y Growth In January

2019 started with a big rally. Following an initial slump, markets rose throughout the month as optimism regarding the outcome of China-U.S. trade negotiations, a better-than-expected earnings season and a less hawkish Fed have provided lots of fuel.

(Source: onvista.de - Dow Jones Last 3M)
Tech stocks rebounded strongly, helped by much-better-than-expected results from heavyweights Apple (AAPL) and Facebook (FB), despite Amazon (AMZN) being slightly disappointing. In the Dow Jones, Boeing (NYSE: BA), next to Apple, was another major contributor to such a strong January.
In fact, the pattern is pretty similar to January 2018, although the Dow closed the month around 1,500 points higher back then. February 2018 saw a sharp correction followed by a quick rebound, and I would be surprised if this year's February would be a quiet one given that any news surrounding the trade negotiations can easily move markets up or down a few percentage points.
Although my portfolio recovered nicely, I was very frustrated that I couldn't buy as much as I wanted and thus had to pass on lots of exciting buying opportunities, especially when Apple tanked at the beginning of the month after cutting its guidance and also sending down semis again. Careless planning regarding required cash for extraordinary January expenses (tax + insurance) is the reason for that and definitely a lesson learnt the hard way.
Portfolio Changes | 0 new stocks, 0 exits, 1 sale and 8 repurchases
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