For those of you new to this website, in this post, I discuss the recent changes I made in my dividend portfolios and also discuss about my portfolio diversification strategies.
I have been building my equity positions slowly, but steadily through thick and thin times. In results, my passive income keeps growing up and up regardless of market performance.
Last month, I did not initiate any new position, instead, I just added a couple of shares here and there in my existing positions using the cash-flow from the dividend income. I also completely sold-out my Suncor (TSX: SU) position with a decent profit.
SU is a great company, but I just wanted to exit from direct oil/gas producers. I may consider adding it back to my portfolio if its share price gets depressed as we seen in the last oil crash. Currently, I have only one oil/gas producer in my U.S portfolio – 20 shares of XOM.
Using the cash from the sale and the April dividend, I added small positions in FTS, EMA, BCE, AQN, ZDH, and DGRO in my registered and non-registered accounts.
It was not a perfect trade as SU moved even higher after I sold, and the purchases I made didn’t make any significant contribution to my portfolio. But I believe it is a good move for long-run as utilities and telecom provider stability for my portfolios.
The changes and recent dividend hikes pushed my yearly estimated passive income (EPI) to record high to $9251, with year-to-date gain about 9.95%.
The EPI growth is slowing down recently as expected as I turned my focus (temporarily) on debt reduction, instead of asset accumulation. I just wanted to bring-down my debts to below my comfort zone of $300K.
Let’s look at the changes I made in my portfolios.
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 April 2018:
The changes made in my Canadian portfolio in April 2018.
- SOLD 25 shares of SU at $46.25
- Added 25 shares of AQN at $12.60
- Added 10 shares of EMA at $40.60
- Added 10 shares of FTS at $42.50
- Added 10 shares of BCE at $54.45
- Added 13 units of ZDH at $21.74
The changes made in my U.S dividend portfolio in April 2018.
- Added 1 units of DGRO at $33.84
No changes made in my Small Cap Growth stocks in April 2018.
Many readers asked me how or why I execute very tiny orders of ETFs. They were wondering about the commission fees. Actually, I use Questrade for 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.
I personally use Questrade for most of my investments, especially ETF purchases. 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 take advantage of this $50 trade commission rebate.
There is a trading charge of $4.95 when you sell them. 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).
I have updated the portfolio pages with these changes.
Please share your thoughts about my holdings and recent purchases. Also share your investment strategies with us.
FJ, would you ever consider doing a tutorial / guide on how to pick a stock you might buy, gather the information about it, and what you look at / consider when analyzing it? You give an impression that you’re good at studying these companies and stocks and I’d like to learn more on how it’s done start to finish.
Thanks!
Hello Andre,
Thank you for stopping by and for your comments,
I am still new to investing in stocks and still learning new concepts every single day. Some of the stocks I purchased are struggling, so I am not good stock picker as you think 🙂 … I am just documenting my journey here…
There are some good tutorials on YouTube about investing.
May in the future, I will create a post about how I select stocks…
Cheers,
Is it good idea to loading up rate-sensitive stocks? My financial planner has suggested me to reduce them. Looking forward your opinion..
Thanks,
Dave.B
Hi Dave,
Thank you for stopping by,
To be honest, I don’t provide individual advises as I don’t know your financial situations and risk tolerances. Your financial adviser know about you much more than I do (for sure). If you are not comfortable with his/her advise, then get a second opinion from a trusted resources..
I am a long-term income-focused investor. I do understand that the rate-sensitive stocks take hit if interest rate rise sharply. I am ready to handle this short-term issue, and I do believe that over the long-term they perform well and continue generate income in my portfolio…
Best Regards,
Good buys buddy and keep rocking! I purchased a huge number of Bell Canada stocks – ticker BCE.TO for my TFSA.
Thanks for sharing.
Hello Steve,
Thank you for stopping by and sharing your ideas 🙂
Glad that you purchased BCE.TO too, but I don’t execute big orders in one shot. I believe in dollar cost average 🙂
Best Regards,