July 2025 Report

The market remains challenging unless you are invested in the mega cap tech companies. I managed to squeeze out a small gain for July, but I am still down for the year. I’m still maintaining a cash position of 11% and plan to continue to increase it overtime. At this stage of my life, preservation of capital and income generation has become a top priority.

As I review my stagnant portfolio, I like to focus of the Yield on Cost (YOC). This really shows the power of dividend compounding overtime. I’ve been plowing all of the dividends back into stock repurchase. At some point, I’ll stop reinvesting the dividends and just live off of it.

Here’s a current view of my portfolio’s Yield on Cost:
 

Company	Yield on Cost
Apple	4.86%
Visa	7.39%
Constellation Brands	6.06%
Mastercard	5.94%
Qiagen	5.05%

 
 
2025 Performance = - 6.21% with the running monthly returns as follows:
 
January - 2.61%
February + 2.79%
March – 4.16%
April - 1.67%
May + 0.07%
June - 0.96%
July + 0.31%