$50 Per Paycheck Dividend Portfolio Update 9/12/19

Another $50 was sent to M1 Finance to fund the $50 per paycheck dividend portfolio on Thursday 9/12/19. This time the transfer was automatic. Going forward I won't have to remember to send the money every two weeks. Hopefully I won't forget to post updates.

As of market close on 9/12/19, the account value was $514.39. This included $4.17 in cash. Per M1, the portfolio has earned $2.54 in dividends so far.

The financial news, like all news, is always hyping up some trivial event that supposedly foretells the end of life as we know it. In the past few days the talking heads and article writers took a break from freaking out about the inverted yield curve and trade wars to hyperventilate about how value stocks started outperforming their growth counterparts.

I don't know if it means anything or even if it's true, but I'll go with value stocks outperforming as the explanation for the dividend portfolio outperforming the Standard and Poor's 500 for the first time since it was started. (It is also showing a gain over the amount invested for the first time.) Is it a freak occurrence? A fluke? Or the beginning of a trend? Only time will tell.

Date	Additional Investment	Running Total Investment	Dividend Portfolio Account Value	Additional Benchmark SPY Shares	Running Total Benchmark SPY Shares	SPY Closing Share Price	Benchmark SPY Value	Dividend Portfolio VS Benchmark
6/24/19	$200.00	$200.00	$200.00	0.681107	0.681107	$293.64	$200.00	0.000%
7/3/19	$50.00	$250.00	$252.22	0.167336	0.848443	$298.80	$253.51	-0.511%
7/18/19	$50.00	$300.00	$299.10	0.167320	1.015763	$298.83	$303.54	-1.463%
8/2/19	$50.00	$350.00	$343.48	0.170870	1.186633	$294.62	$349.61	-1.752%
8/16/19	$50.00	$400.00	$385.57	0.173124	1.359757	$288.81	$392.71	-1.818%
8/30/19	$0.00	$400.00	$389.89	0.000000	1.359757	$292.45	$397.66	-1.954%
9/3/19	$50.00	$450.00	$439.89	0.171945	1.531702	$290.74	$445.33	-1.221%
9/12/19	$50.00	$500.00	$514.39	0.165915	1.697617	$301.36	$511.59	0.547%