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.
I was very busy in August with many travels and outdoor fun activities.
We were able to enjoy the fun stuff after two years of lockdown and pandemic-related restrictions.
Thus, I didn’t have time to make the post on time. I apologize.
Besides the recent purchases, I don’t have much contents to add in this blog.
I kept adding dividend stocks and ETFs here and there throughout July, mostly Canadian banks stocks (details below).
I reached one of my long-term financial goals.
My estimated yearly dividend income reached $25 000 in June. I successfully achieved one of my long-term financial goals of $25000 annual dividend income.
Small-cap portfolio
As I mentioned in my previous posts, my small-cap experiment portfolio didn’t perform well. I started to liquidate this portfolio.
I try to sell small positions at a time.
Again, it is an experimental project with a tiny portion of my money (compared to my dividend portfolios). It is just less than 2% of my overall investments.
Therefore, its poor performance did not make any significant impact in my net worth.
Here are the changes I made in my dividend portfolios in July 2022:
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 July 2022.
- added 27 units of RIT at $17.01 (average price)
- added 7 units of MREL (IDR renamed to MREL) at $12.55 (average price)
- added 35 shares of FRU at $12.55
- added 30 shares of TD at $80.35
- added 5 shares of BNS at $73.95
- added 5 shares of RY at $123.95
- added 25 shares of FC at $11.47
The changes made in my U.S dividend portfolio in July 2022.
- added 9 units of NUSI at $19.47
- added 6 units of DGRO at $46.37
There are no changes made in my International dividend portfolio in July 2022.
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With recent purchases and dividend increases, my yearly estimated passive income (EPI) increased by $248 from $25 318 to $25 566 in July 2022 (exchange rate – 1USD = 1.2807 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).
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