Dividend stocks portfolio – Recent Purchases February 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.

My income-focused portfolios have been performing well in recent weeks. And most of my holding trading near or at their all-time high.

Due to high uncertainty surrounding the economic recoveries because of geopolitical issues and higher inflation, investors have been moving their money into defensive and dividend growth stocks.

Many more prominent fund managers started to like Canadian companies due to their lower valuation than U.S stocks.

My portfolios have benefited from these fund movements, from growth to defensive investments.

A more significant portion of my investments are in the Canadian dividend growth companies. Thus, I am hesitant to add holding in my existing position at this all-time high price.

Last month, I was able to find some high-quality names which were trading at lower valuations. And, I had some money in my TFSA. Thus, I added EIF and GEI.

Also, I continued to build positions in REIT ETFs – RIT and MREL (IDR renamed to MREL).

Small-cap portfolio

My small-cap growth portfolio is not doing well. It was my experimental project. This portfolio is tiny compared to my dividend portfolio (less than 2% of my overall investments).

Thus, the poor performance didn’t significantly impact my overall investments.

One of my holdings, NGW, received a takeover offer from another Cannabis company called Planet 13 holdings (PLTH). I sold a tiny portion of the NGW and left the rest of the shares to convert to PLTH.

I plan to end this experiment and dispose of this portfolio slowly.

I continue to try new experiments again with a tiny portion of my investments.

Here are the changes I made in my dividend portfolios in February 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 February 2022.

• added 100 units of EIF at $40.25
• added 32 units of RIT at $20.13 (average price)
• added 100 shares of GEI at $22.80
• added 128 units of MREL (IDR renamed to MREL) at $15.46 (average price)
• Sold 1 share of BMAR at $72.45

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

• added 1 unit of NUSI at $25.06 (average price)

There changes made in my International dividend portfolio in February 2022.

• added 1 unit of ZDH at $22.80

Due to recent changes and dividend increases, my yearly estimated passive income (EPI) increased by $725 from $23 502 to $24 227 in February 2022 (exchange rate – 1USD = 1.2666 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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