Dividend stocks portfolio – Recent Purchases – March 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 performed well last month, and their value reached a new all-time high.

After a few years, dividend-paying stocks became favourable investments for many fund managers, especially those are interested in Canadian dividend stocks.

My portfolios have benefited due to this sentiment shift in investors’ minds.

As a result, many of my larger holdings have been trading at or near their record high prices.

Still, I was able to purchase some high-quality names at their 52 week low.

Also, I have been continually adding positions in REIT ETFs – RIT and MREL (IDR renamed to MREL). REITs usually get tanked in rising interest rates, but I believe they are one of the best hedges against inflation.

Plus, I still have some room for the real-estate sector. Therefore, I will slowly add more units in the coming month using the cash flow in my TFSAs and RRSP.

Small-cap portfolio

My small-cap growth portfolio is struggling. It was my experimental project.

This portfolio is tiny compared to my dividend portfolios (less than 2% of my overall investments). Thus, the poor performance didn’t significantly impact my broad portfolio.

I plan to end this experiment and dispose of this portfolio slowly. Therefore, I will slowly exist the positions in the coming months.

And, I will try a new experiment again with a tiny portion of my investments.

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

• added 50 shares of PKI at $31.30
• added 50 shares of ENGH at $35.45
• added 24 units of RIT at $20.28 (average price)
• added 5 units of MREL (IDR renamed to MREL) at $15.51 (average price)

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

• added 11 unit of NUSI at $24.57 (average price)

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

• added 1 unit of ZDH at $22.02

With recent purchases and dividend increases, my yearly estimated passive income (EPI) increased by $205 from $24 227 to $24 432 in March 2022 (exchange rate – 1USD = 1.2488 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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