* Pocket Change Portfolio - May 2009

Each month I update the Pocket Change Portfolio (PCP). The table below reconciles the PCP from beginning of period to end of period for May 2009, Year-To-Date (2009) and Life-To-Date. The Portfolio Returns line provides the calculated return for the three displayed periods.

Description	March-2009	Year-To-Date	Life-To-Date
Beg. Portfolio Value	5,386.70	3,395.62	-
Online Cash Receipts	712.81	2,909.96	6,458.30
Online Expenses	-	(30.00)	(124.40)
Gross Profit	712.81	2,879.96	6,333.90
Dividends	-	41.16	66.32
Interest Income	0.78	5.61	11.76
Subtotal	713.59	2,926.73	6,411.98
Gain/(Loss)	198.58	(23.48)	(113.11)
Ending Portfolio Value	6,298.87	6,298.87	6,298.87
Portfolio Returns	3.27%	2.06%	(1.12%)

Online Cash Receipts are the collected earnings from my online endeavors. Most of which is advertising on the my various blogs. The year-to-date $30.00 Online Expenses relates to registering 3 domains (DividendsValue.com, Dividends4Life.com and TheDiv-Net.com). I received no Dividends in May. The Interest Income line is interest earned on cash balances in an ING account I set up for the PCP. The Gain/(Loss) line is for market changes to the PCP (realized and unrealized).

Online earnings in May continue to recover from moving my primary site to a new domain in February. I expect online earnings to slowly build for a period of time as Dividends Value establishes itself.

During the month of May, I purchased 20 shares of Procter & Gamble Co. (PG) stock that will provide me $35.20 in annual earnings at the current dividend rate. Including the PG stock, my annual PCP dividend income is now $223.82 at the current dividend rates. I ended the month with $1,172.31 in cash, which will enable me to purchase my sixth PCP stock in June. It is my goal to have sufficient earnings to purchase a stock at least once each quarter.

My PCP holdings are always available by selecting the Holdings option from the menu in the header. The next PCP update will be mid-July.