For those of you new to this website, in this post, I discuss the recent changes I made in my dividend portfolios.
U.S market on rally mood and keep hitting new high every day, while TSX lost some points from its record high level.
I love to buy stocks when they get hit hard by short-term sentiments. Nowadays, it is little hard to find a quality dividend growth stock at reasonable price, especially in Canadian market.
I can find only Enbridge Inc (TSE: ENB) is trading near the 52 weeks low. ENB is one of the largest positions in my portfolio, but I couldn’t ignore when it was trading at 52 weeks low. Thus, I added few more shares, but I may consider sell those recently added positions if the share price recover.
And, I added few more TRP to bring up the number of holding to 150.
Also, I added 3 more International Dividend Hedge to CAD ETFs (TSE:ZDH) in my TFSA using available funds. I just needed to diversify to investment. Thus, I decided to add ZDH to increase my international exposure. I will be keep adding this ETF as long as its price stays low. Please note there are no commission fees for ETF purchase at Questrade. Therefore, I can deploy my available funds right way and purchase one or more EFT without paying commission fees.
Last month, I read a book called “The Little Book That Still Beats the Market” by Joel Greenblatt.
It is very interesting and easy to read book, and one of the must read books for those who would like to manage their investment.
After read the book, I decided to try Mr. Greenblatt’s magic formula (ROIC and earning Yield) with a small amount of money. I purchased 5 small cap growth/value Canadian stocks, which I will discuss in another post. It is just an experiment, and we will see how things work-out.
Here are the changes I made my dividend portfolio:
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 anytime.
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 is the changes I made in my dividend portfolios in October 2017:
The changes made in my Canadian portfolio in November 2017.
- Added 10 shares of ENB at $44.10 at IB
- Added 5 shares of TRP at $61.97 at IB
- Added 3 units of ZDH ETF at $22.99 at Questrade
No changes were made in my U.S dividend portfolio in November 2017.
My estimated yearly passive income decreased by $32 to $8388 due to BEI.UN distribution cut..
Many readers asked me how or why I execute very tiny orders of ETFs. They were wondering about the commission fees. Actually, I use Questrade for ETFs purchases. There are no commission fees for ETFs purchases at Questrade. Therefore you could buy any number of ETFs without paying commission costs.
I personally use Questrade for most of my investments, especially ETF purchases. 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 take advantage of this $50 trade commission rebate.
There is a trading charge of $4.95 when you sell ETFs at Questrade. 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 a affiliate link. Therefore, I will earn a commission if you decide to make a purchase (at no additional cost to you).
I have updated the portfolio pages with these changes.
Please share your thoughts about my holdings and recent purchases. Also share your investment ideas with us.
Finding value is indeed difficult. I restrict myself to broad market ETFs. I have been looking into emerging markets, perhaps they will pop soon. European stocks pay sizable dividends too.
Hello Dividengeek,
I have been investing in international market in my TFSA account using an ETF called ZDH. It pays nice dividend with around 4.2% yield. In Canadian and U.S market, it is little hard to find quality stocks at discount price..
Best Regards,
Hey my friend. I have been following your blog for some time and I have to say that your approach is great.
As a Canadian I started in vesting 1 month ago and well in position to follow your lead but i will get into some stocks to make some extra coin.
ENB, FFT, TD, VRX, BTL, CRR, and LB are huge to me. I have researched these for awhile and the potential is massive.
I have 2 Investing RSPs, 2 investing TFSAs, and 1 Investing LIRA in a RSP.
Total worth $58 K.
I see you have Fortis but at their ceiling I was thinking that trading it for another that has the potential to rise would most definitely benefit you.
Anyways great job and I’ll be in touch.
Hello Paolo,
Thank you for stopping by and sharing your ideas with us..
ENB is one of my largest positions, along with TD. BTL (?) I hope you are talking about BTL Group Ltd… I have initiated a small position a few days ago in BTL..
Wish you all the best in your success 🙂
Best Regards,
Wondering what your thoughts are on HEE.TO (Horizons Enhanced Income Energy ETF). I have added this recently (small position at present via Questrade). Thought it might be a good way to play a portfolio of Canadian companies in oil/gas, rather than trying to ‘pick’. Also pays a monthly dividend of 7%. It does do some covered calls (conservative way to get exposure to oil patch for the long term).
Hello Sue,
Thank you for stopping by,
HEE.TO looks ok with high quality Canadian energy stocks. Due to the high volatility, I stopped investing in direct energy producing stocks, instead I prefer to own pipeline companies.
If you are comfortable with daily volatility, then having a small portion in energy sector is not a bad idea, especially using ETF.
Cheers,
Thoughts on Medical Facilities? DR.TO
Trading near multi year low. High dividend. No Div growth but ~9% yield was too hard to pass up.
Hello CKInvestor,
DR.TO looks interesting. I don’t follow this stock as it is not a dividend grower. It is in health care sector and its main business in USA. I am not sure the impacts on recent changes in USA.
As you said, 9% yield is hard to pass up, but we will need to know why it is trading near multi-year low (?) … any idea?
Cheers,
Thoughts on Medical Facilities? DR.TO
Hello,
You have been making penny a day for last couple of years. Why don’t you put a half your money into BitCoins and become a rich in a couple of months? I would have done it if I had net-worth like yours.
I just got a job and have been buying BitCoins for last couple of months, and my net-worth gained significantly high already.
What is your opinion about digital currency?
Looking for your reply
Hello Chen,
Thank you for stopping by,
Penny a day? may be I like slow but steady approach 🙂
Honestly, I don’t understand about BitCoins and thee block-chain technologies. I read some news about BitCoins recent runs, but I am not too interested in put my hard earn money into without knowing much about it.
Best of luck!
Buddy! you are missing a fortune by NOT investing in BitCoin.. It will hit $50 000 in few months and keep flying high. It is not a bubble as many bankers say. It is about supply and demand. BitCoin has a limited supply but the demand is extremely high. Billionaire Mark Cuban has been heavily investing in BitCoin, and it will be available for trading at US exchange soon.. Take my words and invest it now.
Hello Steve,
Thank you for stopping by,
I heard Mark Cuban has allocated a small portion of his net worth to BitCoins, but it doesn’t mean I have to invest it too 🙂
I feel there are lots of uncertainty surrounding the Bitcoin.. I am not too comfortable investing in it at this moment.
Best Regards,