Dividend stocks portfolio – recent purchases and diversification – December 2016

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.

Happy New Year Everyone!

I didn’t have chance to make new posts for last few weeks as I was away from home for more than 10 days during the holiday session.

Then I became very busy at my work as I had to catch up the works I missed, and came home without enough energy to write a post.

Nowadays, I get little tired and stress at my work. Sometimes I feel like I am not working in a job which is not in my interest.

I am more interested in talking about investments, financial freedom and inspire people to become success in their life. May be this is my passion. I’ve never get tired whenever I talk about these stuffs.

May be this is what I will be doing after I reach my financial freedom.

In December 2016, stocks markets around the world was steady and moved up quite bit, so did my holdings, but there was no Santa rally at the end of the month.

I didn’t make any big purchases in December because markets are in all time high. I only buy stocks and stuffs when they are at discount price.

In 2016, I made lot of purchases in January and February when market was at low – when everyone was selling due to fear of market crash.

I didn’t have enough money at the time, so I borrowed money from credit cards and margin loans, and accumulated lot of high quality stocks. It paid-off well later.

Then I sold some of the stocks in November 2016, took some profits and paid down some debts.

Now I am in sideline and watching my portfolios performance. At the same time, I am sharpening my buying power by paying down debts, so I could buy more stocks when investors get scared and sell their assets at discount price.

In diversification standpoint, I have too much Canadian equities than U.S & international. Unfortunately, I have to wait for the Canadian currency to recover from the low.

I cannot move out cash which pile up in my registered accounts (TFSA and RRSP). I may buy some dividend stocks inside my registered accounts in January.

I am watching the following dividend stocks: BEP.UN, AQN, BAM.A, SIS, XTC, KPT, BPY.UN, VNR, REF.UN, CSH.UN and few other stocks.

I may buy small positions in one or two of these stocks if I find them at reasonable price inside my registered accounts. And, I will patiently wait for the market to come down. Meantime, I will be paying some debts using dividend income in my non-registered account and saving from my day job.

I will be keep buying U.S healthcare ETF called XLV in my U.S dollar RRSP account because I have very less exposure in the health care sector. I couldn’t find any good health care stock in Canadian market.

So, I am not wasting my time with pile of cash, and am just sharpening my buy power.

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 anytime.

Any transactions I publish are not recommendations to buy or sell any securities or investments.

Please consult with your financial professional before even considering using the information obtained from this website.

I did not make any changes in my Canadian portfolio in December 2016.

The changes made in my U.S dividend portfolio in November 2016.

• purchased 1 more unit of XLV at $69.12 using the dividends I received in my registered account. I will be keep adding in my U.S account if it price stays low.

Again, I will be keep buying this U.S healthcare ETF in my RRSP account in order to have some exposure in health care sector.

Please share your thoughts about my holdings and recent changes in my dividend 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 anytime.

Any transactions I publish are not recommendations to buy or sell any securities or investments.

Please consult with your financial professional before even considering using the information obtained from this website.