Another month has passed on my dividend income journey and I want to give you a short update on my portfolio in October. The developement was due to exchange rate effects very postive, now it already reached a size of 17,538.80 EUR, four months ago it was at arround 10,600 EUR. My only purchase in October was that I added 19 shares of Wal Mart to my portfolio. I took advantage of an overreaction of the market in the mid of the month, as the company presented a pessimistic outlook.
The detailed postions of my portfolio can be found here.
As you can see I still need some more diversification, especially from the energy sector. The tobacco sector is concerning his risks a bit overweighted. Also I am heavily invested in stocks from the USA, when it comes to reduce the currency risk I will concentrate more on stocks from Europe in the next year.
How was your developement of the portfolio or any other thoughts about my portfolio?
Disclosure: I do not recommend any decision to the reader or any user, please consult your own research. Thank you for your understanding.