Dividend stocks portfolio – recent purchases – July 2018

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.

Markets..

My portfolios did pretty well last month, thanks to the performance of my top holdings.

As a result, my net-worth got a decent boost from the previous update. We will discuss this in my net-worth update post.

As you know, Apple stock reached $1 Trillion (1000 x $1 Billion) market cap yesterday, August 02, 2018. It is one of the best-performing stocks for the last couple of years. I think Amazon may reach to the $1 Trillion market cap in the coming weeks.

I don’t directly own both stocks, and I am not interested in owning them because both stocks are somehow not fit into my investment strategy.

However, I indirectly own Apple stocks through the ETF called iShares Core Dividend Growth ETF (DGRO). Apple is the second largest holding in the ETF. So, somehow I am participating in the rally.

Majority of investors like to own Apple stock. It is a core position in many investors’ portfolio.

And, some investors own only one or two tech stocks. Actually, they forgot or ignored the history.

I use history as my guide. I remember the history of Nortel, Blackberry, and some other technology companies. I know how investors were excited about owning them.

In the end, you all know the stories.

Apple is a great stock (at this moment), but they have to innovate and introduce new products in order to continue enjoying this moment. Otherwise, it will come down faster than we could imagine.

I use an iPhone 5s for the last couple of years. It is a great phone; but I don’t have any plan to upgrade to newer model anytime soon because I don’t see much difference between iPhone 5s and iPhone 8 plus, except size and few settings.

There could be some ‘amazing’ new features, but I don’t really need them for my daily use.

I would consider buying a Samsung phone or Google Pixel if I need to upgrade. Now I feel they are a much better device than iPhone – from camera to clarity to features.

Competition in the smartphone industry is extremely high. Apple may start to experience the pressure in the coming months or years.

I could be completely wrong about Apple stock, but I won’t miss its performance because I indirectly own it:).

The changes..

As usual, I just reinvested the dividend inside my registered accounts and purchased a stock and two ETFs in July 2018, and paid little bit of loans using the income received in my non-registered accounts.

Therefore, I didn’t add new capital to the portfolios. I just let them to build by themself for a while.

Let’s look at the changes I made in my portfolios.

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.

Here are the changes I made in my dividend portfolios in June 2018:

The changes made in my Canadian portfolio in July 2018.

• Added 15 shares of FTS at $42.23
• Added 13 units of ZDH at $22.41

The changes made in my U.S dividend portfolio in July 2018.

• Added 1 unit of DGRO at $34.44

No changes made in my Small Cap Growth stocks in July 2018.

New purchases and recent dividend hikes helped to boost my yearly estimated passive income (EPI) to $9410, with year-to-date gain around 11.83%.

I have updated the portfolio pages with these changes.

Are you wondering how I can execute tiny 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 requirement 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: Please note above is an affiliate link. Therefore, I will earn a commission if you use the above links to open an account at Questrade (at no additional cost to you).

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