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.
There are lots of things going on around the world, and most of them affect the financial markets in positive ways as well as in negative ways.
Political drama, war news, weather, you count on. Most of the issues are beyond our control.
Thus, I didn’t pay much attention in my portfolios. I let them to sort out the issues themselves and continue to pay me dividend every quarter.
My portfolios swing ups and down with every single news. There are no points watching this every day.
I am fine as long as I receive my dividend payments on time.
Sometimes I take this market sentiments as an opportunity and buy income producing assets at attractive valuation.
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 August 2017:
The changes made in my Canadian portfolio in August 2017.
- added 10 shares of CGX at $37.20
CGX priced dropped further down and rebounded after I made the purchse.
- initiated 50 units of NWH.UN at $10.61
- added 58 units of BPY.UN at $29.02
The changes made in my U.S dividend portfolio in August 2017.
- added 1 unit of XLV at $79.50 I am planning to stop adding this ETF as it gets expensive lately.
With new purchases and last month dividend hikes, my estimated yearly passive income grew to $8400. Therefore, I will receive around $700 per month from my assets.
This income growth will slow down in next couple of months as I am planning to take break in assets purchase and focus on reduce debts.
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 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 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.