My life has changed completely after I became a dad (new dad) for a cute baby boy. Now, I have more responsible than ever – no continuous sleeping at night, no meals on-time, often taking off from work, and so on. In other words, he keeps us busy all days and nights. Dads will understand what I mean.
But, I’ve never missed monitoring my portfolios using my smart phone – big thanks to the technology. Last few months, my stock portfolio enjoyed the rollercoaster ride due to the oil crash and interest rate rise news; however, cash flow from dividends helps to minimize the downside risks in stock price.
In fact, during this busy time I made major changes in my portfolios – sold some risky stocks at reasonable price and added couple of high quality dividend stocks when the market hit hard for some bad noise.
Also, I put some money in my RRSP and purchased few U.S stocks for better diversification.
Without further due, here is my recent portfolio changes:
In December 2014:
In my Canadian dividend portfolio, I initiated a position in Altagas Ltd (TSE:ALA) and purchased 50 shares of ALA for $39.85 per share. It is a Canada-based energy infrastructure company focus on natural gas, power and regulated utilities. Also, I added the following Canadian big bank shares with the existing position:
- 25 shares of Bank of Nova Scotia (TSE:BNS) for $66.16 per share
- 25 shares of Toronto-Dominion Bank (TSE:TD) for $52.54 per share
- 25 shares of Royal Bank of Canada (TSE:RY) for $78.70 per share
- 25 shares of Bank of Montreal (TSE:BMO) for $79.02 per share
And, I sold all my entire position of Northland Power Inc. (TSE:NPI) as my utilities holding reached my maximum target allocation and bought 25 shares of Suncor Energy Inc.(TSE:SU) for $34.70 per share.
Also, sold my entire position of XHP, XPF and ZUT, and initiated positions in CAR.UN and REI.UN in my Tax-free saving account (TFSA). Moreover, I purchased few XTR ETF using the dividend I received within the TFSA account.
In my U.S portfolio, I made the following changes:
- sold REM, INKM and PFF, and
- purchased KO, KMI and T
In January 2015:
In January, Canadian banks stocks dropped further due to the speculation news of the Canadian housing crash . Thus, I took advantage and averaged down some purchases that I made in December and earlier.
- purchased 25 shares of BNS for $62.00 per share
- purchased 25 shares of TD for $50.85 per share
- purchased 20 shares of CM for $91.75 per share
In addition, I purchased shares of two Canadian pipeline giants TransCanada Corporation (TSE:TRP) and Enbridge Inc (TSE:ENB) in my Canadian dividend portfolio.
- Purchased 25 shares of TRP for $55.17
- Purchased 50 shares of ENB for $53.00
That’s it for now. I made few purchases in February and March, and will discuss them next month.
These recent changes add $407 to my projected passive dividend income, based on the current dividend distribution rate. A few steps close to my goal
Some of the stocks that I purchased recently dropped further due the speculation news of interest rate rise, housing bubbles, etc. I am not too worrying about market fluctuation and share price movements. In fact, I will purchase more if the market drops further.
Please note the information posted on this website is the opinion of my own and should not be considered professional financial advice. I am not a financial professional, and I can buy, sell, or hold any investment at anytime. Please consult with your financial professional before even considering using the information obtained from this website.