Dividend stocks portfolio – Recent Purchases – March 2023

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.

The stock markets were down again in March, which created buying opportunities.

I broke my this year’s promise of paying down debts and bought some dividend growth stocks using margin.

This is not the first time I am doing this. I always get excited when the markets head to south and buy stocks.

I spent more than $10K last month for my investments. Most of the money came from my margin loan, and the rest of them from the dividends and my saving.

I reached one of my long-term financial goals.

My estimated yearly dividend income reached $25 000 in June. I successfully achieved one of my long-term financial goals of $25000 annual dividend income.

Small-cap portfolio

My small-cap experiment portfolio performance wasn’t that great.

I try to sell small positions at a time.

Again, it is an experimental project with a tiny portion of my money (compared to my dividend portfolios). It is just less than 1% of my overall investments.

Therefore, its poor performance did not make any significant impact in my net worth.

Here are the changes I made in my dividend portfolios in March 2023:

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 2023.

• added 25 shares of GEI at $21.25
• added 65 shares of FRU at $13.75
• added 15 shares of ENB at $49.90
• added 15 shares of TRP at $50.75
• added 25 shares of T (telus) at $26.40
• added 15 shares of TD at $78.70
• added 15 shares of RY at $129.25
• added 15 shares of BMO at $116.95
• added 50 shares of PPL at $41.25
• added 25 shares of CPX at $40.85
• added 1 unit of RIT at $17.34
• added 7 units of MREL at $12.73

The changes made in my U.S dividend portfolio in March 2023.

The changes made in my International dividend portfolio in March 2023.

• added 1 unit of IDV at $27.05
• added 11 units of ZDH at $22.64

With recent purchases and dividend increases, my yearly estimated passive income (EPI) increased by $744 from $30 381 to $31125 in March 2023 (exchange rate – 1USD = 1.3528 CAD)

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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