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.
Another month passed by, and it is time to update the changes I made in my dividend portfolios last month.
I kept buying income-producing assets, aka dividend stocks and ETFs, here and there using the cash flow pile up in my investment accounts. Due to the compounding effect, the growth rate is accelerating.
I didn’t add any new money to the market at this record high level.
Actually, I spent money on summer fun activities and paid-down some debts.
I think paying down debts or building cash position is not a bad idea this time so I can improve my buying power if any buying opportunities come in the near future.
Since we are approaching to the end of the economic cycle, analysts and investors have been expecting a recession, plus stock market decline.
If they are right this time, then we will have a lot of buying opportunities.
However, I didn’t want to interrupt the compounding growth by waiting for market correction.
Thus, I tried to reinvest all the dividends as soon as they come in my accounts and purchased a couple of ETFs and dividend stocks.
In addition, a few dividend stocks and ETFs raised their distributions.
With the dividend hikes and new purchases, my annual estimated passive income increased to $11031, up over 9.91% year to date.
Now, let us look at the purchases I made last month.
Canadian portfolio
Last month, I purchased 10 shares Telus (TSE: T) to bring up my number of holding to 140, and bought 20 more shares of Keyara Corporation (TSE: KEY) to bring up my number of holdings to 180.
U.S portfolio
I just reinvested some cash-flow within the account and added my favourite dividend growth ETFs (DGRO, NOBL and ZUD).
International Portfolio
I just added 2 units of ZDH (Canadian hedged) international dividend ETFs and one unit of IDV (US dollar) ETF.
Currently, I have over $10500 in my international portfolio, which is still less than 5% of my investment value.
I will continue to build these positions to diversify my assets.
Here are the changes I made in my dividend portfolios in June 2019:
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.
The changes made in my Canadian portfolio in June 2019.
- Added 10 shares of T (Telus) at $48.40
- Added 20 shares of KEY at $32.25
The changes made in my U.S dividend portfolio in June 2019.
- Added 3 units of DGRO ETF at $37.96
- Added 1 unit of NOBL ETF at $69.80
- Added 1 unit of ZUD (Canadian hedged) U.S Dividend ETF at $24.03
The changes made in my International dividend portfolio in June 2019.
- Added 2 units of ZDH at $21.28 (average price)
- Added 1 unit of IDV at $30.59
With recent changes and dividend hikes my yearly estimated passive income (EPI) hit to new high of $11031 in June 2019, with year-to-date gain around 9.91%.
I have updated the portfolio pages with these changes.
Commission FREE ETF purchases
Are you wondering how I can execute small 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 requirements 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 (Offer code: pn21xkte).
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: This post contains affiliate link. Therefore, I will earn a commission if you use the links to buy products or services (at no additional cost to you).
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Greg says
Hi,
I came across your site … and just wanted to say kudos and thank you for sharing what you are doing, putting your goal out there for all to see and showing us your progress towards it…
I’ll be following along with you as I’ve subscribed to your newsletter.
regards
Greg
Finance Jouneny says
Thank you Greg for stopping by and your kind feedback 🙂
Best Regards,
Dividend Diplomats says
Finance Journey –
Nice job making moves and crossing over the $11,000 threshold. I know how hard it is to buy investments during high value times, but I believe you are doing the right thing.
-Lanny
Finance Jouneny says
Hello Lanny,
Thank you for stopping by,
I was an amazing journey to reach $11000 threshold. I will continue my journey until I get $25000 estimated yearly passive income. I hope to get in less than 5 years 🙂
Best Regards,
dividendgeek says
Awesome! How are taxes on your international ETFs? ZDH and IDV have exposure to Canadian stocks? By holding them via an ETF do you also lose taxes on dividends .. even though they are paid via Canadian companies.
Finance Jouneny says
Hello Dividend Greek,
Thank you for stopping by,
I keep ZDH in my TFSA account and IDV in my RRSP account. Therefore, I don’t need to worry about any tax headaches 🙂
Of course, there will be some tax rules for those ETF if you hold them in your non-registered accounts.
Cheers,