{"id":30310,"date":"2023-07-02T00:19:05","date_gmt":"2023-07-02T04:19:05","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/the-elephant-spy-did-stand\/"},"modified":"2023-07-02T00:19:06","modified_gmt":"2023-07-02T04:19:06","slug":"the-elephant-spy-did-stand","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=30310","title":{"rendered":"The Elephant (SPY) Did Stand"},"content":{"rendered":"
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Introduction<\/h2>\n
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\u201cWhat I found is that since 1973<\/em>, a hypothetical S&P 500<\/em> portfolio (including reinvested dividends) delivered 6.47% dividend growth per year on average, with an average dividend yield of 2.78% per year.\u201d<\/p>\n

(From \u201cHow Much Money Do I Actually Need To Retire Early?<\/span>\u201d, May 31, 2023, By \u201cInvestment Pancake [IP]), the italics are my emphases.) <\/span>The \u201cIP\u201d is \u201c<\/em>Individual value investor with strong penchant for dividend growth. A former tax and estates attorney who retired in his early 40s and expatriated to Lisbon, Portugal with his family. Now writes about tax law, portfolio strategy and life in sunny Portugal and tutors students in personal financial planning<\/em>\u201d (From his profile.)<\/span><\/p>\n<\/blockquote>\n

Today I woke up and clicked “Portfolio Strategy”: An Article appeared right after mine, entitled, “Can The Elephant Stand, Walk, Run, Jump, and Fly?”. The Article intrigued me to read. I read his, titled, \u201c<\/span>How I’m Implementing My Dividend Growth Strategy Today\u201d, Jun 29, 2023, By \u201cInvestment Pancake\u201d.<\/span><\/p>\n

This Article is absolutely a Jewel in the current dry field, so, I checked his prior publications. As a consequence, I did read the above quoted Article. The two words (“1973″ and \u201cS&P 500”) popped into my eye.<\/strong><\/p>\n

I came in the U.S. to study further with my family in 1973. The S&P 500 (SPY) was my most successful Article recently.<\/p>\n

Today I decided to “invest” $1K every month at the end of month in the online savings account. which was suggested in my article, \u201cThe 5-Year-Investment-Plan Is A Template: How To Actually Invest It?\u201d, Jun 15, 2023.<\/p>\n

My new Goldman Sachs Bank\u2019s online savings account is a proxy of the \u201c5YIP\u201d. Table 1, 2, 3, 4, and 5 are actual \u201c5YIP\u201d so, readers can reconcile your proxy accounts with these Tables.<\/p>\n

To parallel the approach of “investment Pancake”, the new \u201c5YIP\u201d numerical illustration made the dividend reinvested. The annual interest rates are assumed to be anywhere between 4% and 2%. The investment period is 5 years, and would extend 5 years several times after the initial 5 years.<\/p>\n

The dividend annual yield is 1.58%, according to the Touch #3: \u201cTop S&P 500 Index Funs\u201d, by Matthew Johnston, updated on Feb. 15, 2023 in Investopedia (From \u201cThe S&P 500 Index: Are We All The Blind?\u201d, Jun 26, 2023).<\/p>\n

The Focus<\/p>\n

A brief summary of the quoted article.<\/p>\n

Updating Uptrend as of Jun. 30th, 2023.<\/p>\n

The Elephant (SPY) will stand this week?<\/p>\n

The numerical illustration of “5YIP”, dividend re-invested, with 5 Tables are the next installment duo to space limitation.<\/strong><\/p>\n

A Dividend Growth Strategy<\/h2>\n

The article is no doubt a first-class well-written paper which must be very influential on the highly successful young professionals like the author.<\/p>\n

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\u201cAccording to Google Finance, the five year performance of my portfolio against the Vanguard Total Stock Market Index ETF (VTI) is 58.62% compared to 55.01%, with a dividend yield of 2.61% compared to 1.54% for VTI.<\/p>\n

Most of the outperformance is due to just three lucky investments – Apple (AAPL), Hermes (OTCPK:HESAY) and LVMH (OTCPK:LVMUY) – and my decision to never rebalance.<\/p>\n

The higher yield is based on the fact that most of the stocks I own today pay dividends, and such cannot be said of the underlying portfolio for VTI.\u201d<\/p>\n

(From \u201c\u201cHow I’m Implementing My Dividend Growth Strategy Today\u201d, Jun 29, 2023, By \u201cInvestment Pancake\u201d.<\/p>\n<\/blockquote>\n

The Elephant (SPY) Stood Up Firmly Today (Jun. 30th, Friday)<\/h2>\n

As shown in Table 2, the S&P 500 Index (SPY) was closed at $4,450.38, gaining 1.23% on Jun 30. On Tuesday (Jun 27) the index surged 1.15%.<\/p>\n

The total gain of the two days (Tue & Fri) was a whopping +2.38%, paving a highway for the Elephant who is ready to do a fast walk or a run next week. Investors, however, must be in their defensive positions in this triumphant moment.<\/strong><\/p>\n

<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
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Table 2: Momentums & Trends<\/strong><\/p>\n<\/td>\n<\/tr>\n

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(Jun 01, 2023 – Jun 30, 2023)<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

Date<\/p>\n<\/td>\n

\n

Close<\/p>\n<\/td>\n

\n

%CH<\/strong><\/p>\n<\/td>\n

\n

m\/P<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

05\/31\/23<\/p>\n<\/td>\n

\n

4,179.83<\/p>\n<\/td>\n

\n

*<\/p>\n<\/td>\n

\n

*<\/p>\n<\/td>\n<\/tr>\n

\n

06\/01\/23<\/p>\n<\/td>\n

\n

4,221.02<\/p>\n<\/td>\n

\n

0.99%<\/p>\n<\/td>\n

\n

P<\/p>\n<\/td>\n<\/tr>\n

\n

06\/02\/23<\/p>\n<\/td>\n

\n

4,282.37<\/p>\n<\/td>\n

\n

1.45%<\/p>\n<\/td>\n

\n

P<\/p>\n<\/td>\n<\/tr>\n

\n

06\/05\/23<\/p>\n<\/td>\n

\n

4,273.79<\/p>\n<\/td>\n

\n

-0.20%<\/p>\n<\/td>\n

\n

m<\/p>\n<\/td>\n<\/tr>\n

\n

06\/06\/23<\/p>\n<\/td>\n

\n

4,283.85<\/p>\n<\/td>\n

\n

0.24%<\/p>\n<\/td>\n

\n

P<\/p>\n<\/td>\n<\/tr>\n

\n

06\/07\/23<\/p>\n<\/td>\n

\n

4,267.52<\/p>\n<\/td>\n

\n

-0.38%<\/p>\n<\/td>\n

\n

m<\/p>\n<\/td>\n<\/tr>\n

\n

06\/08\/23<\/p>\n<\/td>\n

\n

4,293.93<\/p>\n<\/td>\n

\n

0.62%<\/p>\n<\/td>\n

\n

P<\/p>\n<\/td>\n<\/tr>\n

\n

06\/09\/23<\/p>\n<\/td>\n

\n

4,298.86<\/p>\n<\/td>\n

\n

0.11%<\/p>\n<\/td>\n

\n

P<\/p>\n<\/td>\n<\/tr>\n

\n

06\/12\/23<\/p>\n<\/td>\n

\n

4,338.93<\/p>\n<\/td>\n

\n

0.93%<\/p>\n<\/td>\n

\n

P<\/p>\n<\/td>\n<\/tr>\n

\n

06\/13\/23<\/p>\n<\/td>\n

\n

4,369.01<\/p>\n<\/td>\n

\n

0.69%<\/p>\n<\/td>\n

\n

P<\/p>\n<\/td>\n<\/tr>\n

\n

06\/14\/23<\/p>\n<\/td>\n

\n

4,372.59<\/p>\n<\/td>\n

\n

0.08%<\/p>\n<\/td>\n

\n

P<\/p>\n<\/td>\n<\/tr>\n

\n

06\/15\/23<\/p>\n<\/td>\n

\n

4,425.84<\/p>\n<\/td>\n

\n

1.22%<\/p>\n<\/td>\n

\n

P<\/p>\n<\/td>\n<\/tr>\n

\n

06\/16\/23<\/p>\n<\/td>\n

\n

4,409.59<\/p>\n<\/td>\n

\n

-0.37%<\/p>\n<\/td>\n

\n

m<\/p>\n<\/td>\n<\/tr>\n

\n

06\/20\/23<\/p>\n<\/td>\n

\n

4,388.71<\/p>\n<\/td>\n

\n

-0.47%<\/p>\n<\/td>\n

\n

m<\/p>\n<\/td>\n<\/tr>\n

\n

06\/21\/23<\/p>\n<\/td>\n

\n

4,365.69<\/p>\n<\/td>\n

\n

-0.52%<\/p>\n<\/td>\n

\n

m<\/p>\n<\/td>\n<\/tr>\n

\n

06\/22\/23<\/p>\n<\/td>\n

\n

4,381.89<\/p>\n<\/td>\n

\n

0.37%<\/p>\n<\/td>\n

\n

m<\/p>\n<\/td>\n<\/tr>\n

\n

06\/23\/23<\/p>\n<\/td>\n

\n

4,348.33<\/p>\n<\/td>\n

\n

-0.77%<\/p>\n<\/td>\n

\n

m<\/p>\n<\/td>\n<\/tr>\n

\n

06\/26\/23<\/p>\n<\/td>\n

\n

4,328.82<\/p>\n<\/td>\n

\n

-0.45%<\/p>\n<\/td>\n

\n

m<\/p>\n<\/td>\n<\/tr>\n

\n

06\/27\/23<\/p>\n<\/td>\n

\n

4,378.41<\/p>\n<\/td>\n

\n

1.15%<\/p>\n<\/td>\n

\n

P<\/p>\n<\/td>\n<\/tr>\n

\n

06\/28\/23<\/p>\n<\/td>\n

\n

4,376.86<\/p>\n<\/td>\n

\n

-0.04%<\/p>\n<\/td>\n

\n

m<\/p>\n<\/td>\n<\/tr>\n

\n

06\/29\/23<\/p>\n<\/td>\n

\n

4,396.44<\/p>\n<\/td>\n

\n

0.45%<\/p>\n<\/td>\n

\n

P<\/p>\n<\/td>\n<\/tr>\n

\n

06\/30\/23<\/p>\n<\/td>\n

\n

4,450.38<\/p>\n<\/td>\n

\n

1.23%<\/p>\n<\/td>\n

\n

P<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
\n

NOTE<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
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1. CLOSE: The S&P 500 Index’s Closing<\/p>\n<\/td>\n<\/tr>\n

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2. %CH: The Percent Change.<\/p>\n<\/td>\n<\/tr>\n

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3. m\/P: minus\/Plus.<\/p>\n<\/td>\n<\/tr>\n

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4. Data Source: Yahoo Finance<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

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