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.
Despite the market volatilities, my income-focused portfolios continued to perform well last month.
So many high-flying tech stocks are down significantly due to the fear of rising interest rates. Many are speculative investments and have no revenue or have been running with negative profits.
Significant numbers of well-known speculative stocks were down more than 60%, and a few of them were down more than 80% within a month or two.
Investors have been massively running away from those speculative asset classes in recent months.
We can see many social media influencers, who invested in speculative stocks, are now in panic mode.
Many of them have started after the March 2020 market crash. I think this is the first time they have seen a market correction.
However, the market volatility has brought down several high-quality, profitable businesses, especially in the U.S market. I may add some positions if they come further down.
Fortunately, my favourite dividend stocks didn’t participate in the January market storms and didn’t experience significant movements.
And many stocks in my portfolio have been trading at or near their all-time high. Thus, I didn’t make any significant purchases last month.
I added a few shares in CNR and QSR and some REITs ETFs. A couple of my holdings increased their dividend in January.
Small-cap portfolio
My small-cap growth portfolio is not doing well as I was expected. It was my experimental project. This portfolio is tiny compared to my dividend portfolio (less than 2%).
Thus, the poor performance didn’t significantly impact my overall investments.
I continue to hold my existing holdings and plan to sell them when they get recovered.
Here are the changes I made in my dividend portfolios in January 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 January 2022.
- added 30 shares of CNR at $149.95
- added 20 shares of QSR at $68.75
- added 42 units of RIT at $20.55 (average price)
- added 6 units of IDR at $15.97 (average price)
The changes made in my U.S dividend portfolio in January 2022.
- added 17 units of NUSI at $25.63 (average price)
There no changes made in my International dividend portfolio in January 2022.
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Due to recent changes and dividend increases, my yearly estimated passive income (EPI) increased by $325 from $23 177 to $23 502 in January 2022 (exchange rate – 1USD = 1.2698 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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