Today marks the first day that I have received some income from my portfolio.
Now remember, it isn’t much but this is how compounding begins. Over the course of 20 plus years you will see the power compounding provides to your portfolio. When I look back to today this is the fuel which got the motor running. The ticker symbol “BIGY” paid me $0.32.
My family and I went away on a nice vacation for 9 days and we had money set aside for this time away, including the coffee I bought on the trip. Since my first post “The First $20 Of My Hard Earned Money”, I was able to save every penny and add it to The Coffee Can Portfolio, a total of $70.00. The new money was ready to invest, including the extra $0.32 I received in distributions. This right here is exactly how the compounding will grow my portfolio over time. I have decided to buy more shares of the ticker symbol “BIGY” to bring down my book cost. The stock market has been on quite the decline since my last update so I figured I would get it while it was on sale. I bought another 3.75 shares at $18.76 per share, which should bring up my monthly distributions to $2.98. My first free coffee!
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