Dividend stocks portfolio – Recent Purchases – October 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 dividend portfolio recovered slightly last month from September’s sell-off, but there is still a long way to recover from my previous high set in April 2022 fully.

I think the stock markets started to recover (I could be wrong), and I hope they will reach their new high next year and continue to move high from there (pure guessing).

If it happens, my portfolios will recover faster than the market because I aggressively made stock purchases during the massive sell-offs. So, the portfolios’ recovery process will be faster than the markets.

I didn’t catch the exact bottom of the market, but I purchased most of the stocks at much lower prices than their recent high.

Since the markets were up, I made no significant purchases last month.

I only reinvested the entire dividend I received in my registered accounts and made partial reinvestments in my non-registered accounts.

I also reduced a tiny portion of my massive debts.

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 didn’t perform well.

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 October 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 October 2022.

• added 28 units of RIT at $15.06
• added 8 units of MREL at $11.73
• added 25 shares of FTS at $49.85
• added 15 shares of CPX at $42.00

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

There are no changes made in my International dividend portfolio in October 2022.

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With recent purchases and dividend increases, my yearly estimated passive income (EPI) increased by $121 from $30 597 to $30 718 in October 2022 (exchange rate – 1USD = 1.3646 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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