Intro..
For those of you new to this website, in this post, I discuss the recent changes I made in my dividend portfolios, and sometimes I discuss my portfolio diversification strategies as well.
Markets..
Weed and energy stocks helped to take TSX to record high in late June, but it gave up its gain a bit later.
I am not interested in investing in Weed stocks right now. It is an emerging industry and I suspect it will be volatile for a while.
Also, they don’t pay a dividend.
Therefore, they won’t fit into my investment thesis of dividend investing.
Also, I have been slowing reducing my positions in energy producers. Currently, I have less than 0.5% of my portfolio in direct energy producer.
So, the performance of these two sectors won’t make a big impact on my portfolios.
However, my portfolio value also increased by few points last month, thanks to the recent performance of the Enbridge shares and few other top holdings.
In additions, I received over $1000 dividend income last month from my investments assets. I will discuss it in the coming days. Check out my dividend income reports in here.
The changes..
I just reinvested the dividend inside my registered accounts and purchased a stock and two ETFs in June 2018.
And, I took some dividend received in my non-register accounts and paid some debts and also paid for my bi-annual property tax.
As usual, I stay quiet and sharp-up my buying power when the markets are high, and buy aggressively when the markets are down.
I follow Warren Buffett’s famous quote “Be greedy when others are fearful and greedy only when others are fearful”.
In other words, I have just slowed down my assets purchases as they are getting expensive now, and have been focusing to reduce my debts so I could buy more for less when the markets go south.
Let’s look at the changes I made in my portfolios.
Disclaimer..
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 any time.
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 are the changes I made in my dividend portfolios in June 2018:
The changes made in my Canadian portfolio in June 2018.
- Added 10 shares of TRP at $53.90
- Added 3 units of ZDH at $22.58
The changes made in my U.S dividend portfolio in June 2018.
- Added 3 units of DGRO at $33.38
No changes made in my Small Cap Growth stocks in June 2018.
New purchases and recent dividend hikes helped to boost my yearly estimated passive income (EPI) to $9358, with year-to-date gain around 11.22%.
I have updated the portfolio pages with these changes.
Are you wondering how I can execute tiny orders of ETSs? Thinking about commission fees?
Actually, I use Questrade for all my ETFs purchases. There are no commission fees for ETFs purchases at Questrade. Therefore, we could buy one or any number of ETFs without paying any commission fees.
This is a great way to deploy cash and invest for more cash-flow as soon as they come in.
For those looking to start investing with little money, Questrade is one of the good options to consider because of their commission-free ETF program and minimum requirement to open an account.
If you have a plan to open an account with Questrade, please accept my gift and take advantage of this $50 trade commission rebate.
There is a trading charge of $4.95 when you sell ETFs. All the details are at the time of writing. If you have a plan to open an account at Questrade, please check all the information (including current commission fees) on their website and see if it is suitable online brokerage for your needs.
Disclosure: Please note above is an affiliate link. Therefore, I will earn a commission if you use the above links to open an account at Questrade (at no additional cost to you).
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Energy and weed will be the dominant players for the TSX, avoiding them completely will hurt your long-term performance. Oil stocks have lots of room to run.
Hello Guy,
Thank you for stopping by and your suggestions 🙂
I understand that Energy, mining and weeds sectors are the dominant positions in the TSX index; however, they are cyclical stocks and their profits are heavily depended on supply & demand, and also they are price takers.
As you know I am a dividend investors, and I look for companies with stable profits so they can continue to pay me dividend. It is the main reason I avoid them in my portfolio.
Best Regards,
TRP is a good long term play. Demand for gas continues to rise for decades as many utilities companies switching from coal to natural gas. Your dividend portfolio looks great as well. We have lots of similar holding.
I purchased few TRP shares as well. Looking forward to see more updates from you.
Hello Bill,
Thank you for stopping by,
TRP is one of my top 10 holdings. Rising rate may hurt its performance in short-term, but as you said, it is my long-term investment. And, I will continue to receive its rising dividend for decades if everything goes well.
Best Regards,