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.
Portfolio changes
It is time to update my investment portfolios with the changes I made last month.
Investors’ sentiments rapidly change from months to months, weeks to weeks and even days to days.
Investors were excited up until fall 2018, and then suddenly started to fear the market. As a result, stocks stumbled toward to end of last year.
Then, investors were cheers up for some reasons and started to buy stocks in 2019, and the markets hit an all-time high in April.
Once again, stocks started to fall in May (there were many reasons to blame), and now started to move up in June.
This type of volatility will continue and it is pretty normal in the stock markets.
As a long-term dividend growth investor, watching all these dramas is fun but sometimes it is a little stressful.
Nevertheless, if we look at the long-term chart of any index then we can easily see the market movements.
Based on history, every few months market fall hard by around 5%. And markets fall into correction territory at least once in a year.
In addition, markets fall into a bear (20% or more drop) at least once in a decade.
However, over the long-term, the market moved higher and created superior wealth for those who stayed invested.
As you know, past performance is no guarantee of future results and nobody can exactly predict the future returns.
However, history is our guide, and I assume (pure guessing) that this pattern may repeat again in the future.
There are so many approaches to build wealth in the stock markets. One of the proven ways is dividend growth investing.
I am so glad that I chose this path because no matter what the markets throw at us, my holdings continue to raise their dividends.
Last month, a couple of my investments raised their dividends. Plus, I added a couple of stocks to my portfolio.
Results, my portfolio is now generating income of over $10900 on an annualized basis, up over 9% year to date.
What else I need as a dividend investor?
I keep reinvesting the money that has been piling up in my portfolio and let them compound for a long run to create a decent income in the future.
As I always say, compounding is one of the powerful tools to build wealth. It takes time but it will work for patient investors when you use it correctly.
The book called ‘Get Rich with Dividend – A proven system for earning double-digit returns‘ by Marc Lichtenfeld is actually helped me build my investment strategy.
If you are a dividend growth investor, then it one of the best book you should read.
Now, let us look at the purchases I made last month.
Canadian portfolio
Last month, I purchased 10 shares Bank of NovaScotia (TSE: BNS) to bring up my number of holding2 to 165 and bought 20 shares of Keyara Corporation to bring up my number of holdings to 160.
U.S portfolio
I just reinvested some cash-flow within the account and added one unit of DGRO ETF and initiated 8 units of BMO’s ZUD (Canadian hedged) U.S Dividend ETFs.
International Portfolio
I just added 2 units of ZDH (Canadian hedged) international dividend ETFs to this portion.
Currently, I have around $10000 in my international portfolio, which is still less than 5% of my investment value.
I will continue to build these positions to diversify my assets.
Here are the changes I made in my dividend portfolios in May 2019:
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 May 2019.
- Added 10 shares of BNS at $71.40
- Added 20 shares of KEY at $30.39
No changes were made in my U.S dividend portfolio in May 2019.
- Added 1 unit of DGRO ETF at $37.69
- Initiated 8 units of ZUD ETF at $23.52 (average price)
The changes made in my International dividend portfolio in May 2019.
- Added 2 units of ZDH at $21.33 (average price)
With recent changes and dividend hikes my yearly estimated passive income (EPI) hit to new high of $10948 in April 2019, with year-to-date gain around 9.09%.
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 (Offer code: pn21xkte).
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).
If you haven’t done so..
Please don’t forget to join our FREE newsletter below and stay informed & get inspired.
The post Dividend stocks portfolio – recent changes – May 2019 appeared first on Finance Journey.