Income & Expenses For June 2015

Since 2014, I have been tracking my monthly income and expenses. You can see a breakdown of every penny I earn and spend. For perspective, this budget is for a household of two in a small US city. By documenting my journey, I aim to demonstrate the feasibility of saving a significant portion of your income and provide some ideas and inspirations for your own budget.

Below is my income and expenses for June 2015. You can see all my monthly budgets here. 

	Jun 2015
Income
Wages	$8,422.47
Dividends	$1,183.04
Other Income	$751.04
Total Income	$10,356.55
Expense
Federal Tax	$305.56
FICA-SS	$356.13
FICA-Medicare	$83.29
Rent	$450.00
Student loan repayment	$157.49
Grocery	$61.05
Gasoline	$58.69
Cell phone	$17.86
Electric	$43.43
Clothing/laundry	$36.06
Total Expense	$1,569.56
Ex-Tax Total Expense	$824.58
Surplus/(Deficit)	$8,786.99
Before Tax Saving Rate	84.84%
After Tax Saving Rate	91.42%

Income

Wages comprises of the bulk of my total income at 81%. Dividend income this month was $1183.04, a quarterly high. Next month will most likely be lower. Here is a chart of my dividend income by month for the last 13 months:

Expense
Expenses were typical for me this month, except for slightly higher gas expense due to a long trip, as well as higher clothing/laundry costs due to purchase of detergents in bulk due to sale.

Savings
My after tax saving rate was 91.42% for the month of June, which exceeded my target of 90%. This marks 4 months in row with above 90% savings rate. Going forward, I expect to meet or exceed my 90% savings goal for the year.

How's your budget? Did you save as much as you wanted to? On track to meet your savings goals for the year? 

Thanks for reading.

Portfolio Update June 2015

The time has come for my monthly portfolio update. At the end of every month, I will update my portfolio and comment on any changes. I do that for accountability and also so you may glean some ideas on how I allocate my capital. You have the opportunity to learn from what I do well, so you can do the same, as well as what I do poorly, so you will not have to repeat my mistakes.

My Current Portfolio Holdings, as of June 30, 2015:

Ticker	Current Price	Shares Held	Cost Basis	Market Value	Weight	Dividend Yield TTM
VWO	$40.88	578.82	$23,691.10	$23,662.16	5.42%	2.61%
BDX	$141.65	151.67	$12,904.08	$21,484.06	4.92%	1.65%
AFL	$62.20	230.31	$11,798.78	$14,325.28	3.28%	2.51%
EXC	$31.42	441.84	$13,599.84	$13,882.61	3.18%	3.90%
XOM	$83.14	149.55	$13,341.36	$12,433.59	2.85%	3.38%
AZN	$63.71	172.22	$7,612.12	$10,972.14	2.51%	4.35%
EMR	$55.43	160.75	$9,387.80	$8,910.37	2.04%	3.31%
MHFI	$100.45	86.26	$4,360.44	$8,664.82	1.98%	1.25%
LMT	$185.86	44.57	$4,715.95	$8,283.78	1.90%	3.14%
BMTC	$30.16	243.69	$6,109.31	$7,349.69	1.68%	2.52%
BRK.B	$136.18	52.53	$5,712.64	$7,153.54	1.64%	0.00%
HPQ	$29.99	221.25	$4,135.16	$6,635.29	1.52%	2.19%
SAN	$7.01	915.31	$6,260.72	$6,416.32	1.47%	9.75%
NSC	$87.36	68.96	$5,418.19	$6,024.35	1.38%	2.67%
OGZPY	$5.27	1,123.75	$7,461.70	$5,922.16	1.36%	6.55%
MOCO	$15.95	370.48	$5,542.38	$5,909.16	1.35%	2.75%
T	$35.51	162.93	$5,319.66	$5,785.64	1.33%	5.20%
ESLT	$78.26	70.54	$2,576.12	$5,520.46	1.26%	1.76%
INTC	$30.42	180.05	$4,531.86	$5,477.12	1.25%	3.06%
SON	$42.86	126.68	$4,642.82	$5,429.50	1.24%	3.03%
PG	$78.19	66.10	$4,543.05	$5,168.36	1.18%	3.31%
ABBV	$67.17	76.00	$4,684.64	$5,104.92	1.17%	2.74%
UL	$42.96	117.90	$4,899.92	$5,064.98	1.16%	3.22%
DV	$29.98	167.07	$3,695.59	$5,008.76	1.15%	1.19%
PEG	$39.28	127.43	$4,439.66	$5,005.45	1.15%	3.88%
CHL	$64.09	78.03	$3,715.79	$5,000.94	1.15%	2.80%
VEA	$39.65	126.04	$3,940.01	$4,997.49	1.14%	2.77%
VIG	$78.58	60.71	$3,646.24	$4,770.59	1.09%	2.12%
PEP	$93.31	50.75	$3,941.75	$4,735.48	1.08%	2.85%
MSFT	$44.15	107.23	$3,726.24	$4,734.20	1.08%	2.73%
CVX	$96.46	49.00	$5,184.69	$4,726.54	1.08%	4.43%
NUE	$44.07	107.00	$4,684.46	$4,715.49	1.08%	3.30%
MAT	$25.69	182.15	$5,903.48	$4,679.43	1.07%	5.87%
WMT	$70.93	65.64	$4,613.18	$4,655.85	1.07%	2.72%
CINF	$50.18	91.00	$4,684.68	$4,566.38	1.05%	3.62%
VALE	$5.90	700.24	$8,549.93	$4,131.42	0.95%	5.43%
HCP	$36.47	111.00	$5,122.65	$4,048.17	0.93%	6.04%
LUKOY	$44.91	89.40	$4,411.89	$4,014.95	0.92%	6.17%
MCD	$95.07	42.18	$4,050.55	$4,010.05	0.92%	3.52%
BAMM	$2.86	1,396.15	$4,928.41	$3,992.99	0.91%	0.00%
ED	$57.88	67.00	$4,684.64	$3,877.96	0.89%	4.40%
YORW	$20.86	176.36	$3,569.53	$3,678.87	0.84%	2.66%
CSX	$32.65	108.27	$2,272.59	$3,535.02	0.81%	2.03%
BCR	$170.70	20.48	$2,042.88	$3,495.94	0.80%	0.51%
GIS	$55.72	61.95	$2,714.03	$3,451.85	0.79%	2.98%
HIMX	$8.03	421.22	$1,069.90	$3,382.40	0.77%	3.80%
JNJ	$97.46	32.90	$2,058.55	$3,206.43	0.73%	2.92%
K	$62.70	50.44	$2,858.94	$3,162.59	0.72%	3.13%
DGS	$43.39	70.87	$3,200.49	$3,075.05	0.70%	2.81%
RBCAA	$25.70	118.94	$2,508.44	$3,056.76	0.70%	2.94%
WBA	$84.44	33.43	$1,243.26	$2,822.83	0.65%	1.60%
SKM	$24.79	110.63	$1,453.68	$2,742.52	0.63%	3.94%
SC	$25.57	105.00	$1,840.65	$2,684.85	0.61%	0.00%
NKE	$108.00	24.43	$2,150.33	$2,638.44	0.60%	1.00%
PBR	$9.05	285.38	$2,562.71	$2,582.69	0.59%	0.00%
FNDE	$23.97	106.85	$2,721.47	$2,561.19	0.59%	1.30%
VFC	$69.74	35.93	$2,350.18	$2,505.76	0.57%	1.78%
APOL	$12.88	194.00	$3,686.00	$2,498.72	0.57%	0.00%
BUD	$120.67	20.58	$2,250.22	$2,483.39	0.57%	2.87%
CEO	$141.92	17.28	$2,608.93	$2,452.38	0.56%	5.01%
LLY	$83.49	28.91	$1,065.91	$2,413.70	0.55%	2.36%
AGNC	$18.37	130.35	$2,639.59	$2,394.53	0.55%	17.43%
BP	$39.99	57.32	$2,236.63	$2,292.23	0.53%	5.92%
SGTZY	$5.89	371.00	$2,392.95	$2,185.19	0.50%	2.76%
KO	$39.21	55.50	$2,299.92	$2,176.16	0.50%	3.22%
BVN	$10.38	205.50	$2,106.38	$2,133.09	0.49%	0.22%
BBL	$39.56	52.87	$2,666.23	$2,091.54	0.48%	6.10%
TOT	$49.17	40.71	$2,123.84	$2,001.71	0.46%	5.77%
RDS.A	$57.01	34.16	$2,178.04	$1,947.46	0.45%	6.51%
PPL	$29.47	64.22	$1,972.20	$1,892.56	0.43%	5.06%
SBRCY	$5.31	346.00	$2,138.28	$1,837.26	0.42%	0.68%
PAYX	$46.88	38.35	$1,433.52	$1,797.85	0.41%	3.25%
RYAM	$16.26	106.83	$2,890.82	$1,737.06	0.40%	1.73%
TLSYY	$23.58	72.99	$1,087.55	$1,721.10	0.39%	5.24%
TESS	$19.81	85.28	$1,042.97	$1,689.40	0.39%	4.10%
PDLI	$6.43	255.36	$1,544.93	$1,641.96	0.38%	9.43%
TLK	$43.39	36.14	$1,162.62	$1,568.11	0.36%	2.64%
CRC	$6.04	255.00	$1,259.70	$1,540.20	0.35%	0.31%
DO	$25.81	59.44	$2,031.06	$1,534.15	0.35%	1.94%
HCBK	$9.88	153.92	$1,471.48	$1,520.73	0.35%	1.22%
MBT	$9.78	142.00	$1,525.08	$1,388.76	0.32%	12.40%
BCMXY	$26.40	52.00	$835.64	$1,372.80	0.31%	4.23%
POT	$30.95	43.85	$1,278.67	$1,357.16	0.31%	4.62%
OIBR	$1.91	682.30	$3,008.94	$1,303.19	0.30%	0.00%
OAOFY	$32.49	38.00	$1,086.42	$1,234.62	0.28%	3.63%
OGS	$42.56	28.32	$1,024.62	$1,205.30	0.28%	2.74%
NAT	$14.23	82.75	$1,617.76	$1,177.53	0.27%	6.04%
PTR	$110.81	10.30	$1,085.72	$1,141.34	0.26%	3.88%
MDLZ	$41.14	27.29	$486.03	$1,122.71	0.26%	1.47%
HCN	$65.63	16.94	$1,053.16	$1,111.77	0.25%	4.93%
OJSCY	$4.67	236.00	$1,109.20	$1,102.12	0.25%	3.29%
PKX	$49.09	22.13	$1,439.34	$1,086.36	0.25%	0.99%
CIG.C	$3.82	278.66	$1,415.59	$1,064.48	0.24%	3.98%
PNY	$35.31	30.12	$1,113.54	$1,063.54	0.24%	3.65%
SB	$3.22	314.89	$2,260.91	$1,013.95	0.23%	4.06%
MRK	$56.90	17.24	$597.71	$980.96	0.22%	3.12%
IBM	$162.66	6.02	$962.66	$979.21	0.22%	2.82%
VMI	$118.87	8.22	$1,001.28	$977.11	0.22%	1.26%
SBS	$5.18	187.00	$1,006.06	$968.66	0.22%	0.00%
DTEGY	$17.22	50.94	$637.26	$877.19	0.20%	0.00%
GSH	$27.34	31.59	$597.37	$863.67	0.20%	1.48%
MYTAY	$6.86	124.00	$1,634.32	$850.64	0.19%	0.00%
FTD	$28.19	30.00	$967.50	$845.70	0.19%	0.00%
KRFT	$85.14	9.58	$312.40	$815.64	0.19%	2.54%
EZPW	$7.43	109.00	$997.35	$809.87	0.19%	0.00%
CTL	$29.38	27.47	$1,068.03	$807.07	0.18%	7.31%
FSBK	$7.90	100.29	$453.31	$792.29	0.18%	1.27%
AEO	$17.22	45.30	$549.94	$780.07	0.18%	2.89%
TLKGY	$21.06	36.34	$711.90	$765.32	0.18%	0.00%
DRI	$71.08	10.22	$460.92	$726.44	0.17%	3.09%
BACHY	$16.14	45.00	$495.00	$726.30	0.17%	4.86%
MRO	$26.55	27.26	$514.40	$723.75	0.17%	3.15%
IDCBY	$15.84	45.00	$548.10	$712.80	0.16%	5.31%
CIG	$3.83	184.44	$959.09	$706.41	0.16%	0.00%
SCL	$54.11	13.00	$499.98	$703.43	0.16%	1.33%
DYN	$29.25	24.00	$764.16	$702.00	0.16%	0.00%
MWE	$56.38	12.26	$258.69	$691.22	0.16%	6.22%
ITYBY	$96.50	7.16	$448.36	$690.94	0.16%	3.61%
STRA	$43.10	16.00	$768.00	$689.60	0.16%	0.00%
MPC	$52.30	13.03	$290.44	$681.47	0.16%	1.97%
SWRAY	$12.66	53.34	$610.21	$675.28	0.15%	4.02%
CICHY	$18.25	36.00	$504.00	$657.00	0.15%	5.58%
PB	$57.74	11.00	$499.73	$635.14	0.15%	1.83%
TSCDY	$10.01	63.00	$504.00	$630.63	0.14%	0.45%
PTGCY	$0.42	1,416.00	$2,421.36	$594.72	0.14%	32.46%
CPLP	$7.81	75.76	$646.23	$591.69	0.14%	11.98%
NUS	$47.13	12.07	$490.04	$568.86	0.13%	2.91%
VIAB	$64.64	8.27	$599.74	$534.57	0.12%	2.16%
BFR	$15.88	33.32	$369.85	$529.12	0.12%	0.12%
ABEV	$6.10	85.02	$510.97	$518.62	0.12%	1.97%
ARLP	$24.96	20.00	$597.00	$499.20	0.11%	10.45%
BRGYY	$16.78	29.00	$493.00	$486.62	0.11%	1.70%
NGLS	$38.60	12.50	$212.00	$482.50	0.11%	8.25%
PM	$80.15	6.00	$493.50	$480.90	0.11%	4.99%
PNW	$56.89	8.35	$364.23	$475.03	0.11%	4.16%
HNNMY	$7.69	61.56	$403.22	$473.40	0.11%	3.05%
E	$35.58	13.00	$518.44	$462.54	0.11%	7.35%
ICE	$223.61	2.03	$173.02	$453.93	0.10%	1.21%
RAVN	$20.33	22.00	$497.20	$447.26	0.10%	2.47%
ZA	$3.70	118.00	$200.60	$436.60	0.10%	0.00%
APA	$57.63	7.03	$475.93	$405.14	0.09%	1.75%
TPUB	$15.54	26.00	$494.00	$404.04	0.09%	2.23%
NTT	$36.29	11.12	$248.42	$403.54	0.09%	1.04%
CQP	$30.85	12.93	$223.17	$398.89	0.09%	5.44%
CLD	$4.66	82.00	$993.02	$382.12	0.09%	0.00%
EVEP	$11.43	32.76	$711.55	$374.45	0.09%	22.19%
OPTI	$0.57	600.00	$1,392.00	$342.00	0.08%	0.00%
ELNK	$7.49	45.36	$369.68	$339.75	0.08%	2.72%
CACQ	$6.88	48.00	$504.00	$330.24	0.08%	0.00%
POM	$26.94	12.14	$194.36	$327.05	0.07%	4.04%
IEMG	$48.04	6.25	$316.44	$300.25	0.07%	2.16%
IAG	$2.00	150.00	$253.50	$300.00	0.07%	0.00%
LYG	$5.43	50.00	$162.00	$271.50	0.06%	0.87%
LGCY	$8.57	29.19	$439.89	$250.16	0.06%	24.49%
ISH	$6.38	37.06	$796.42	$236.44	0.05%	12.38%
QCCO	$1.87	113.87	$412.21	$212.94	0.05%	0.00%
TGT	$81.63	2.57	$149.75	$209.79	0.05%	2.53%
BND	$81.26	2.23	$177.82	$181.21	0.04%	2.45%
BCS	$16.44	11.00	$163.13	$180.84	0.04%	2.43%
KSS	$62.61	2.74	$149.80	$171.55	0.04%	2.69%
AMC	$30.68	5.56	$100.08	$170.58	0.04%	2.63%
LC	$14.75	10.00	$150.00	$147.50	0.03%	0.00%
SOUHY	$6.71	20.00	$180.00	$134.20	0.03%	0.00%
MVC	$10.20	11.69	$105.56	$119.24	0.03%	5.28%
WPG	$13.52	7.00	$123.13	$94.64	0.02%	5.49%
CEL	$3.82	23.13	$644.40	$88.36	0.02%	0.00%
BK	$41.97	1.08	$27.26	$45.33	0.01%	1.63%
ALN	$1.86	15.00	$31.65	$27.90	0.01%	0.00%
GOOGL	$540.04	0.05	$27.24	$27.00	0.01%	0.00%
BKS	$25.96	1.00	$8.70	$25.96	0.01%	0.00%
HSY	$88.81	0.26	$25.09	$23.09	0.01%	2.43%
BPI	$9.56	1.00	$17.85	$9.56	0.00%	0.00%
BBEP	$4.76	1.50	$20.36	$7.14	0.00%	30.39%
NUOT	$0.20	10.00	$5.00	$2.00	0.00%	0.00%
LPHIQ	$0.01	130.10	$870.37	$1.30	0.00%	1000.00%
			$399,997.87	$436,578.78	100.00%	3.24%

As of June 30, 2015 my portfolio contains 175 stocks, valued at $436578.78. This is an decrease of $11761.27, or -2.62%, over portfolio value of $448340.05 a month ago.

My transactions in June are listed as follows:

Stock	Action	Cost	Price per share	Impact
EXC	Buy	$501.53	$33.42	0.11%
WMT	Buy	$400.00	$73.10	0.09%
TDOC	Buy	$292.95	$19.00	0.07%
AFL	Buy	$288.02	$62.34	0.07%
XOM	Buy	$268.84	$84.37	0.06%
BRK.B	Buy	$200.00	$142.47	0.05%
UL	Buy	$200.00	$43.39	0.05%
BMTC	Buy	$150.00	$30.81	0.03%
MCD	Buy	$150.00	$96.68	0.03%
SON	Buy	$143.22	$45.00	0.03%
FNDE	Buy	$142.50	$23.75	0.03%
NSC	Buy	$140.65	$89.59	0.03%
MOCO	Buy	$139.81	$16.26	0.03%
EMR	Buy	$137.26	$59.55	0.03%
DGS	Buy	$131.04	$43.68	0.03%
BDX	Buy	$100.00	$141.09	0.02%
BUD	Buy	$100.00	$121.10	0.02%
INTC	Buy	$100.00	$33.16	0.02%
KO	Buy	$100.00	$40.99	0.02%
MAT	Buy	$100.00	$26.68	0.02%
MSFT	Buy	$100.00	$45.95	0.02%
NKE	Buy	$100.00	$104.88	0.02%
PEG	Buy	$100.00	$43.02	0.02%
PEP	Buy	$100.00	$93.89	0.02%
PNY	Buy	$100.00	$36.97	0.02%
VFC	Buy	$100.00	$70.55	0.02%
VMI	Buy	$100.00	$123.68	0.02%
YORW	Buy	$100.00	$21.72	0.02%
ARLP	Buy	$51.00	$25.50	0.01%
PKX	Buy	$49.96	$49.96	0.01%
MHFI	Buy	$28.81	$101.82	0.01%
K	Buy	$22.13	$61.69	0.01%
TESS	Buy	$16.88	$18.78	0.00%
OGS	Buy	$8.44	$44.64	0.00%
PNW	Buy	$4.92	$61.08	0.00%
ESLT	Buy	$0.15	$77.84	0.00%
TLK	Buy	$0.14	$42.42	0.00%
TDOC	Sell	($455.10)	($29.52)	-0.10%
		$4,313.15		0.99%

Net cash inflow was $4313.15 during this period. Factoring out the cash inflow, my portfolio returned -3.59% in June.

Purchases
Most of my investments this month were to my monthly stock purchase plans. I did participate in the IPO of Teladoc (TDOC) on June 30 via loyal3. It was fortuitous that I happened to be on my computer on Mon 6/22/2015 11:18 AM when I got loyal3's email notification that Teladoc IPO enrollment was open. Fortuitous because I don't typically get to read my email in time to reserve for loyal3's IPOs in the past. They tend to be gone very quickly, the more recent ones less than an hour after it becomes available. I skimmed through Teladoc's prospectus quickly and was dismayed by how poor its financial health was: consistently losing money, negative book value, negative cash flow, etc. I reserved $1000 anyway, because IPO tends to be priced so there is a pop on the first trading day. I did not reserve the full $10000 maximum because I was afraid that I could get the entire allocation and not get a pop. Big mistake. Reserving the max possible as soon as a loyal3 IPO becomes available, then selling on day one is the only viable strategy to play this game, as I soon learned the hard way. On June 30, TDOC was priced at $19 per share, and I got an allocation for only $292.95, or 29% of my original allocation. 

Sales
TDOC opened for trading the next day, July 1, at $29.90, a 57% pop, and reached a high of $31.90. Having no faith in this company, as I expect continued erosion of shareholder value and the stock was outrageously overpriced, I immediately put in sell order, eventually getting out at $29.52/share. So I made $161.15 in this trade. Not bad, but I could have done much better. Most IPOs have opening pops, and loyal3 IPOs have performed very well in the past. I should not have hesitated to reserve the full $10000 max. From what I heard, that would yield a 22% allocation, or $2200, which would have made me $1210 instead. By being timid, I incurred an opportunity cost of $1049.

My monthly performance against the S & P 500 is shown below:

2015	My Portfolio Return	S & P 500 TR
Jan	-1.52%	-2.99%
Feb	1.90%	5.75%
Mar	-2.71%	-1.57%
Apr	3.25%	0.96%
May	-2.39%	1.29%
Jun	-3.59%	-1.93%
YTD	-5.14%	1.27%

I am now trailing the index by 6.41% for the year, not good.

Turnover was 1.09% in May, slightly higher than month, but still remains low.

What do you think about my portfolio? Thanks for reading.