For those of you new to this website, in this post, I discuss the recent changes I made in my dividend portfolios and also discuss about my portfolio diversification strategies.
After a year of stable growth, markets return to its common characteristics of volatility. I consider this as an opportunity to acquire high quality stocks at discounted price.
If you have studied about the wealthiest individuals, then you might have noticed that they go against the tide of the opinion of financial experts. It is one of the most common characteristics of massively wealthiest people.
Most of us consider their behavior is risky, impulsive or even dangerous, yet they’re the ones with the massive fortune, not us. Therefore, if we want to build our wealth, then we need to swim against the tide of mainstream financial behavior.
Majority of the rate sensitive stocks came under pressure due to the rising bond yield, and I decided to go little deep into debt and accumulate some assets. Again, I just wanted to go against the crowd as many investors have been trimming their positions, while I’ve been buying them at bargain.
I totally understand that rising rates could continue to pressure the shares in the short run, but over the long run, I believe that most of the companies I added will continue to grow their revenues and dividends, which in result should provide support for their share prices.
New purchases pushed my yearly estimated passive income (EPI) to record high. In addition, couple of my major holding hiked their dividend last month.
With new purchases and the last month dividend hikes, my EPI increased to $8993, with year-to-date gain about 5.69%.
I expect this income growth will slow down for the next couple of months as majority of my holdings have already announced dividend hikes for the year.
Let’s look at the changes I made in my portfolios. I admit the some of the stocks went further down after I made the purchases. But, I always try to catch them at bottom, but no success.
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 February 2018:
The changes made in my Canadian portfolio in February 2018.
- Added 25 shares of AQN at $12.63
- Added 10 shares of BCE at $55.75
- Added 10 shares of FTS at $40.75
- Added 10 shares of EMA at $42.90
- Added 10 shares of TRP at $52.95
- Added 5 shares of CNR at $93.95
- Added 25 shares of NWC at $27.70
- Added 2 units of ZDH at $22.27
The changes made in my U.S dividend portfolio in February 2018.
- SOLD 12 shares of DPS at $120.15
- Initiated 42 units of DGRO at $35.87
No changes made in my Small Cap Growth stocks in February 2018.
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, we could buy one or any number of ETFs without paying any commission fees.
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 them. 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 use the above links to open an account at Questrade (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 strategies with us.
The post Dividend stocks portfolio – recent purchases – February 2018 appeared first on Finance Journey.