Dividend stocks portfolio – Recent Purchases – August 2022

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 continued to build positions in my existing holding throughout August using dividends and savings.

I believe it is a great time to buy high-quality stocks for deep discount prices.

The stock market volatilities continue in September, creating tremendous opportunities for those still in buying stage.

There are so many high-quality dividend stocks trading at 52 weeks’ low.

I have been continuing to add positions in September. I initiated one new position, and the rest of them are in my existing holding.

I don’t have enough savings to make big purchases. Thus, unfortunately, I have to use my margin loans for the asset purchases. It is not new to me because I built my portfolio using lower-rate debts.

Due to the rising rate, my debt service cost has increased slighly over the last few months.

Luckily, I have locked my mortgages for five years, and my credit card promotion rate is locked for one year.

Thus, only the margin loan is in trouble until my mortgage renewal comes in August 2024 – two years from now.

I hope rates start to go down by that time, so I can lock them again for a lower rate (I hope).

A good number of stocks increased their dividends in August. Therefore, with the new purchases and dividend hikes, my expected passive income increased by a few hundred dollars last month.

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

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 August 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 August 2022.

• added 1 unit of RIT at $17.70
• added 9 units of MREL (IDR renamed to MREL) at $13.40 (average price)
• added 35 shares of FRU at $13.15
• added 20 shares of TD at $82.50
• added 10 shares of BNS at $73.67

The changes made in my U.S dividend portfolio in August 2022.

• added 1 unit of NUSI at $21.12

There are no changes made in my International dividend portfolio in August 2022.

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With recent purchases and dividend increases, my yearly estimated passive income (EPI) increased by $476 from $25 566 to $26 042 in August 2022 (exchange rate – 1USD = 1.3094 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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