Happy New Year Guys!
I hope you had a wonderful 2017 and wish you all the best in 2018!
For those of you new to this website, in this post, I discuss the recent changes I made in my dividend portfolios and also discuss about my portfolio diversification strategies.
Stocks markets keep setting new records day after days, especially U.S market runs high without taking break – correction.
Financial experts have been predicting a deep correction in U.S market for years, but it doesn’t seem happening. We are living in second big bull market in the history. Investors have been enjoying unbelievable gain for more than 9 years.
We don’t know what will happen in the future. Thus, it is not harm to take some profits off the table in U.S stocks. So, I decided to trim two positions and took some profits. I may miss some gains if those stocks keep flying high, but I didn’t want to take risk.
I will consider buy them back if their price drop more than 10% from my selling price.
I didn’t make any major changes in my Canadian dividend portfolio. I just added 2 more ZDH (BMO international dividend ETF) using some dividend received in my TFSA account.
I made a couple of my changes in my newly built small cap growth portfolio.
In December, my dividend portfolios didn’t do well as markets did due to the high percentage of defensive stocks. Defensive stocks usually take hit when investors get confident in market, as many move their money from slow moving stocks to high flying one.
But I don’t have any idea to change my strategy. Therefore, I will keep building my assets using dividend paying stocks as I did past few years.
Please note the information posted on this website is the opinion of my own and should not be considered as professional financial advice. I am not a financial professional, and I can buy, sell, or hold any investment at anytime.
Any transactions I publish on this website are not recommendations to buy or sell any securities or investments.
Please do your own research or consult with a qualified financial professional before even considering using the information obtained from this website.
Here is the changes I made in my dividend portfolios in December 2017:
The changes made in my Canadian portfolio in December 2017.
- Added 2 units of ZDH ETF at $22.19
The changes made in my U.S dividend portfolio in December 2017.
- SOLD 5 shares of UNP at $131.20
- SOLD 5 shares of TROW at $103.00
The changes made in my Small Cap Growth stocks in December 2017.
- SOLD 15 shares of BTL at $15.13 BTL was purchased at $12.21 and sold it at $15.13 with a decent profit
- SOLD 75 shares of HIVE at $3.41 HIVE was purchased at $3.60 and sold it at $3.41 with small loss
- SOLD 45 shares GDS of $5.19 GDS received an offer to go private (take-over stock). A mall profits in less than a month
- Initiated 15 shares of GBT at $16.83
I have $478.39 ($469.14+ $9.25 dividend) in the account. I will buy some small cap stocks in the coming days.
With these changes along with the new small cap growth investments, my estimated yearly passive income increased to $8414 in December.
I have updated the portfolio pages with these changes.
Happy investing!
Please share your thoughts about my holdings and recent purchases. Also share your investment strategies with us.
You are overdiversified
Hello Oracle,
Thank you for stopping by,
I like to have a well diversified investments because I currently working in a 8-4 job, and hard to monitor my portfolio daily. Any bad news or situation in one particular shouldn’t de-trail my financial goal.
Best regards,
Any opinions on ENB, BEP.UN, or ENF as of Feb 1, 2018?
They seem to be down in price quite a bit. Would this be a good time to purchase with such high yields? Do you plan on adding any shares yourself?
Hello Grant,
Thank you for stopping by,
ENB is one my largest position in my portfolio. I already have 260 shares as of this writing, so I don’t have any plan to add more at this time, but I am very closely watching it.
BEP and other Canadian utilities stocks also down due to the rising bond yield. I may consider adding few stocks here and there.
Please understand that I am not a licensed financial advisor, and I can’t provide any recommendation or suggestions without know about your financial situation or risk tolerance. Please do your own research or discuss with a qualified financial advisor before make any financial decisions.
Best Regards,
Quick question..Are your yearly earning based solely on your u.s. portfolio or is it a combination of all your assests?
Hello Dominik,
Thank you for stopping by,
Yearly estimated earning based on my entire investment assets. In this case, I use as one USD equal to one CAD.
Best Regards,
Nice purchase. Where you sells in tax-advantaged account?
Hello Dividend Greek,
Thank you for stopping by,
Actually I am selling in my non-registered accounts, but planning to move some holdings in my registered accounts.
Best regards,
Hey FJ, I did some changes to my portfolio too. Took my 5,500$ for TFSA contributions, and threw it into BAM.A, CNR, BNS, and GIB.A (CGI Group). You know, the usual boring stocks. I still have enough to throw it into something else. I was thinking of diversifying into the International market, as I am only 60% into Canadian & 39% into US, 1% into Australia. I’m also thinking about picking up AQN, as it’s at a discount, but don’t want to overweight into Utility.
I don’t want to speak loudly, but I do believe we are going to continue in this bull market, I’m big on watching the Volatility Index (VIX), and it hasn’t been this low in ever. But it is reminiscent of January 1st, 2007, and we all know what happened from there.
Anyway, that’s just my two cents. Or nickel.
Hello Justin,
Thank you for stopping by and sharing your new purchases.
I like all your new purchases and own BAM.A, CNR, BNS (fairly larger positions in my portfolio). Glad to see we are partners 🙂 I also thinking add BAM.A and AQN after the recent pullback, but I am in same situation as you.
Bull market may continue for next few weeks/months, but I feel there will be a correction in 2018 (it is just my guess).
Best Regards