Dividend stocks portfolio – Recent Purchases – August 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.

Last month, I didn’t make any significant purchase in my dividend portfolio. I just reinvested some dividends I received in my registered accounts and purchased some REITs ETFs.

And I reduced some debts using my saving and the dividend received in my non-registered accounts.

One of my small-cap stocks, NGW, tanked over 30% after it missed the Q2 analyst expectations. It is a very high-risk investment, but there is some upside potential in the long run. Thus, I added more shares to my small-cap portfolio.

The stock markets have been going down since September. I believe it is an opportunity to add some high-quality dividend stocks at discounted prices.

I already created a shopping list to add more to my existing holdings and planning to add some stocks if they continue to fall further down.

Energy exposure

I am also looking forward to adding some energy stocks. Currently, I don’t have any oil & producers in my portfolios.

I have indirect exposure in the sector via pipeline stocks. I think the Canadian energy stocks have been trading at low valuations compare to the current oil price. I feel there is an opportunity to make some money in the sector.

I haven’t yet purchased any stocks, but I have been looking forward to adding some stocks.

Small-cap Portfolio

I made a few changes in my small-cap experiment portfolio – I sold half-position in DNG, recorded a decent profit, and added more NGW using the proceeds raised from DNG sales.

My current holdings are QIPT, DNG, GEO, DN, NGW, QIS and PHA.

Most of the holdings are trading below my purchase price (except DNG and GEO). I am still learning about finding high-quality stocks in their early stage for massive profits.

Compared to my other holdings, this portfolio is very tiny and higher risk.

Also, I don’t have any solid plan with this portfolio.

Here are the changes I made in my dividend portfolios in August 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 August 2021.

• added 13 units of IDR at $15.56 (average price)
• added 21 units of RIT at $19.99 (average price)

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

The changes made in my International dividend portfolio in August 2021.

• added 1 unit of ZDH at $22.34

Due to recent changes, my yearly estimated passive income (EPI) increased by $25 from $19 839 to $19 864 in August 2021 (exchange rate – 1USD = 1.2633 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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