Dividend stocks portfolio – Recent Purchases – July 2019

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.

Update

It is hard to believe that we are in August; feel like we just started 2019. Time is flying, and we are fast approaching the fall season.

Usually, the stock markets experience high volatility in summer, but this year is very unusual so far.

We did experience mini-market volatility in August due to the global trade issue, but it harmed down pretty quickly.

Market volatility is very normal in stock markets and it creates buying opportunities for those who waiting to deploy capital in the market.

As a dividend investor, I like market volatility very much because every dollar I invest brings more dividend income to my accounts.

Since markets are at or near all-time, I did not deploy any new capital. But, I continue reinvesting the dividends and building my portfolio slowly but steadily.

I received around $1000 dividend income last month. Also, there were a couple of hundred dollars in my accounts (I have multiple accounts) from my previous months’ income.

Thus, I was able to add a couple of stocks and ETFs to my portfolios last month.

Eventually, these new purchases will bring more dividend income to my accounts going forward, and I will be able to buy even more investments in the coming months and years.

Plus, most of my investments raise their dividends/distributions at least once a year.

As a result, my dividend income grows faster and faster due to the compounding power. As I always say, compounding is a powerful tool to build wealth. It takes time, but works.

If you haven’t done so, I would strongly recommend you to read this book called ‘Get Rich with Dividend – A proven system for earning double-digit returns‘ written by Marc Lichtenfeld.

Therefore, in the next few years, I will be able to substitute my day job salary with the income I generate from my investments. It is my financial goal and I will continue moving forward to achieve it.

Now, let us look at the purchases I made last month.

Canadian portfolio

Last month, I purchased 10 shares Telus (TSE: T) to bring up my number of holding to 150, and bought 20 more shares of Keyara Corporation (TSE: KEY) to bring up my number of holdings to 200, 10 shares of Bank of NovaScotia (TSE: BNS) to bring up my number of holdings to 175, and 20 shares of Firm Capital Mortgage Investment Corp (TSE:FC) – Mortgage REIT to bring up my number of holdings to 120.

U.S portfolio

I just reinvested some cash-flow within the account and added one unit of DGRO ETF (US dollar), and one unit of ZUD ETF (Canadian dolloar) .

International Portfolio

I just added 1 units of ZDH (Canadian hedged) international dividend ETF.

I continue build my international portfolio using the international dividend ETFs (ZDH.TO & IDV) in order to diversify my investments.

Here are the changes I made in my dividend portfolios in July 2019:

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 July 2019.

• Added 10 shares of T (Telus) at $47.71
• Added 20 shares of KEY at $33.43
• Added 10 shares of BNS at $69.70
• Added 20 shares of FC (mortage REIT) at $13.64

The changes made in my U.S dividend portfolio in July 2019.

• Added 1 units of DGRO ETF at $38.63
• Added 1 unit of ZUD (Canadian hedged) U.S Dividend ETF at $24.56
  

The changes made in my International dividend portfolio in July 2019.

• Added 1 unit of ZDH at $22.00

With recent changes and dividend hikes my yearly estimated passive income (EPI) hit to new high of $11147 in July 2019, with year-to-date gain around 11.07%.

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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