Dividend stocks portfolio – recent changes – September 2018

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..

The Canadian market is still struggling to find the direction even though uncertainty surround the NAFTA is off the table now.

Risk of Canadian recession due to auto tariffs and other big uncertainty factors are no longer here.

According to the recent data, the Canadian economy is in good shape and many financial analysts are expecting a rate hike in October.

Actually, it is good news for Canadian banks and insurance companies, but those are not reflecting in their share price.

A the same time, rising interest rate put pressure on defensive stocks such as utilities, pipeline, REITs, telecom, etc.

My dividend portfolios have around 20% financial stocks and 40% rate-sensitive stocks. I will take a minor hit if rate rises sharply.

But, over the long-term I will be fine.

The changes..

Let’s look at the changes I made in my portfolios.

In my Canadian dividend portfolio, I sold my preferred share ETFs with a tiny profit and added more BPY.UN and TRP. I like their yield and I expect they grow for next couple of years, and hopefully, their share price will follow as well.

And, in my U.S dividend portfolio, I sold HRL and AMGN with a decent profit, and use the proceeds to buy my favorite dividend growth ETFs (DGRO and SDY).

Also, I initiated a small position in NOBL ETF- S&P 500 Dividend Aristocrats ETF.

As I mentioned in my previous post, my U.S portion is relatively low compared to Canadian investments.

Thus, for diversification purpose, I will continue to buy these U.S dividend growth ETFs for a while until the Canadian dollar gets recovered.

In this way, I can have explored in U.S market without owning the high-flying tech stocks.

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 September 2018:

The changes made in my Canadian portfolio in September 2018.

• SOLD 100 units of CPD ETF at $14.29
• SOLD 50 units ZPR ETF at $11.78
• added 5 shares of TRP at $53.12
• added 77 units of BPY.UN at $26.08
• added 3 units of ZDH at $21.88

The changes made in my U.S dividend portfolio in September 2018.

• SOLD 25 shares of HRL at $40.01
• SOLD 5 shares of AMGN at $201.10
• added 9 units of DGRO at $37.23 at RRSP
• added 3 units SDY of at $99.06 at RRSP
• initiated 22 units of NOBL at average price of $66.77

No changes made in my Small Cap Growth stocks in September 2018.

New purchases and recent dividend hikes helped to boost my yearly estimated passive income (EPI) to $9602, with year-to-date gain around 14.12%.

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 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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