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.
In April, I didn’t have a chance to make big new investment as the prices were high.
I made only one investment in my existing holding and reinvested some cash in my registered accounts to purchase some ETFs.
But, the markets created some buying opportunities for me, especially in the renewable energy and technology sectors.
Therefore, I have been making some big purchases in May (current month), and I will discuss them in my next portfolio update post.
When it comes to the stock markets, there is always something to worry about, and investors react accordingly. But, most of the time, the market goes down a bit in the short term and continues to move higher later.
Now, investors are worried about inflation, and the stock markets have been sliding down a bit from their all-time high.
In my opinion, stocks are one of the ways to protect our wealth from inflation. Especially, dividend growth stocks are one of the good places to park our money.
The majority of my holdings pay a dividend, and they increase their payout at least once a year (a very few exceptions).
Investing in real estate and precious metals are other possible options, but I am not familiar with those investments.
Some investors believe and invest in cryptocurrencies, but I don’t comment about them as I don’t still understand what they are.
Therefore, the stocks are the only option for me to navigate the potential inflation risk.
Plus, I have some debts. The real value of debts goes down with inflation. Thus, I am somehow get benefit from inflation.
Hopefully, inflation won’t be a big issue in the long run. It will be back to the normal range when central banks tight their policies.
Small-cap portfolio
In my small-cap portfolio, I added three more new positions.
I continued purchase a small position in Next Green Wave Holdings Inc (NGW), and Quorum Information Technologies Inc (QIS), and Premier Health of America Inc. (PHA). The first position is from the Cannabis sector, the second one from the technology sector and the last one from the Healthcare sector.
This portfolio is relatively tiny and higher risk than my dividend portfolios, and it represents around 3.5% of my investment assets. Currently, I have seven positions in this portfolio (PTQ, DNG, GEO, DN, NGW, QIS and PHA).
I have been slowly building this portfolio for the last couple of months. This portfolio is a very high-risk one, but I am hoping to get a significant return.
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 April 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 April 2021.
- added 100 shares of PIF at $18.90
- added 25 units of RIT at $17.42
The changes made in my U.S dividend portfolio in April 2021.
- added 2 units of VGH at $49.91
- added 5 units of DGRO at $48.46
The changes made in my International dividend portfolio in April 2021.
- added 1 unit of IDV at $31.50
Due to recent changes my yearly estimated passive income (EPI) increased by $12 from $17 596 to $17 608 in March 2021 (exchange rate – 1USD = 1.2291 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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