Dividend stocks portfolio – Recent Purchases – January 2020

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.

2020 is going to be an exciting year for me.

Late January, I received a new offer from my employer with a pay raise. It is just a temporary opportunity, as one of my senior co-workers will be on extended leave for another ten months.

Thus, I asked to take over his job until he returns. I accepted the offer with a short pay increment. Therefore, I will be super busy for the next few months as I need to learn new stuff and do something that I am not familiar with, but it is an excellent opportunity to learn something new.

And, I will be receiving a couple of hundred dollars more. As a person with financial freedom mindset, I will use the extra income to either pay down loans or invest in income-producing assets.

Therefore, I will keep enjoying the pay raise, even after the term is over.

After ten months, I will back to my usual position and salary will be reset to my regular rate.

New purchases

It is getting harder to find a good stock at a bargain price, as the markets have been hitting a new high for the last couple of weeks.

There is only a limited number of stocks have been trading at or near 52 weeks low, but not all of them meet my investment criteria.

The only one stock I like was Nutrien Ltd (TSE: NTR). It is a cyclical stock and its nature of the industry, and the stock will be very volatile.

I am not a big fan of cyclical stocks, but I like to have some exposure to the farming industry.

Thus, I decided to add a tiny position in my Canadian portfolio. And I will be maintaining a minimal position – less than 2% of my holdings.

The stock price keeps on falling after I made the purchases. Thus, I may consider adding a few more shares.

Again, I will maintain a tiny position because I feel it is little riskier investments than my other holdings.

Besides, I added some ETFs in my U.S and International portfolios.

On top of that, a couple of my holdings increased their dividends. Thus, my estimated passive income hit a new high last month.

Portfolio Changes

Now, let us look at the purchases I made last month.

Canadian portfolio

I added 50 shares of Nutrien Ltd (TSE:NTR) in my Canadian portfolio.

U.S portfolio

I added 15 units of ZUD.TO and 4 units of DGRO ETFs into my U.S portfolio.

International Portfolio

I just added 2 units of IDV & 1 unit of ZDH.TO etfs into my International Portfolio.

I will continue to build my international portfolio using the international dividend ETFs (ZDH.TO & IDV) in order to diversify my investments.

Here are the changes I made in my dividend portfolios in January 2020:

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 January 2020.

• added 50 shares of NTR at $58.19 (averaged price)

The changes made in my U.S dividend portfolio in January 2020.

• added 15 units of ZUD (Canadian hedged) U.S Dividend ETF at $25.70
• added 4 units of DGRO at $42.73

The changes made in my International dividend portfolio in January 2020.

• added 1 unit of ZDH (Canadian hedged)at $23.28
• added 2 units of IDV at $33.48

With recent changes and dividend hikes my yearly estimated passive income (EPI) up from $11 687 to $11 880 in January 2020 because of the recent purchases and dividend hikes announcements.

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.

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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