Dividend stocks portfolio – Recent Purchases – March 2021

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 are at record high

The stock markets continue to perform well despite the high valuations and challenging economic situations.

The two main reasons are the lower interest rate and massive government spending to support the economic recovery.

It looks like the markets rally will continue for a while, as both driving forces will be here for the next few years.

New purchases

My portfolios have been enjoying the market uptrends and performed exceptionally well in March.

But, I had minimal buying opportunities as most of the holdings was trading at or near their 52 weeks high.

Therefore, I didn’t make any big purchases last month.

I added 100 more shares of Polaris Infrastructure Inc (TSE: PIF) when trading for less than $19.

Besides, I added 50 more shares of Calian Group Ltd (TSE: CGY).

All the purchases were made in my Canadian dividend portfolios.

I already have sizable positions in those both holdings, but I plan to add more if they fall further down.

And I didn’t make any changes in my U.S and international portfolio.

Small-cap portfolio

In my small-cap portfolio, I added three more new positions.

I purchased a small position in Delta 9 Cannabis Inc (DN), Next Green Wave Holdings Inc (NGW), and Quorum Information Technologies Inc (QIS). The first two positions are from the Cannabis sector.

This portfolio is relatively tiny and higher risk than my dividend portfolios, and it represents less than 2.5% of my investment assets. Currently, I have six positions in this portfolio (PTQ, DNG, GEO, DN, NGW and QIS).

Also, I will frequently change positions as I have been learning in this small-cap space.

Therefore, I decided not to publish this portfolio until I have a solid plan.

There are a couple of small-cap stocks on my watch list. I may start initiating the positions in the coming weeks.

Here are the changes I made in my dividend portfolios in March 2021:

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 March 2021.

• added 50 shares of CGY at $56.18
• added 100 shares of PIF at $18.85
• added 10 unit of RIT at $16.97

There are no changes made in my U.S dividend portfolio in March 2021.

There are no changes made in my International dividend portfolio in March 2021.

Due to recent changes my yearly estimated passive income (EPI) increased by $134 from $17 462 to $17 596 in March 2021 (exchange rate – 1USD = 1.2577 CAD)

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).

If you haven’t done so..

Please don’t forget to join our FREE newsletter below and stay informed & get inspired.