July 2014 update ($349,340 +$29,470 or +9%)

↑ Accumulated $4,000 as part of my annual saving goal

↑ EUR is up to USD,  represents 7,750 USD gain

↑ GBP is up to USD, represents  2,650 USD gain

↑ RUB is up to USD, represents 670 USD gain

↑ Vanguard ETF is up by 1,800 USD

↑Vanguard S&P 500 is up by 400

↑ Gazprom shares are up by 9,550 USD

↑ Company shares are up 760 USD

↑ Rosneft shares are up by 1,520 USD

↑ Precious metals up by 370 USD

Grand total additions: US$ 29,740

 

Observations:

-         If the market stay as is, without retreat I would reach my annual goal, should I keep up with the monthly savings.

-         Gazprom announced annual dividends as 0.42 USD per ADR. At the current Gazprom ADR price (~8.7 USD) this is  4.8% in dividends only. For my holdings this is 9,660 USD. I will not add to portfolio now, as payment will be made end of July. At the moment I am thinking of reinvesting dividends and buy 1,000 more Gazprom ADRs.

-         Rosneft announced annual dividends as 0.37 USD per share. At the current Rosneft share price (~7.3 USD) this is  5.0% in dividends only.  For my holdings this is 740 USD. I will not add to portfolio now, as payment will be made end of July. I am thinking in reinvesting the dividends back into Rosneft shares.

-         One of the next post I will go through the dividends and total return for  my holdings.  This is to have clear picture of where I am. If instead of reinvesting dividends I choose to cash in, I would get  12 K USD a year in dividends before the taxes.