For those of you new to this website, in this post, I discuss the recent changes I made in my dividend portfolios.
U.S market on rally mood and keep hitting new high every day, while TSX lost some points from its record high level.
I love to buy stocks when they get hit hard by short-term sentiments. Nowadays, it is little hard to find a quality dividend growth stock at reasonable price, especially in Canadian market.
I can find only Enbridge Inc (TSE: ENB) is trading near the 52 weeks low. ENB is one of the largest positions in my portfolio, but I couldn’t ignore when it was trading at 52 weeks low. Thus, I added few more shares, but I may consider sell those recently added positions if the share price recover.
And, I added few more TRP to bring up the number of holding to 150.
Also, I added 3 more International Dividend Hedge to CAD ETFs (TSE:ZDH) in my TFSA using available funds. I just needed to diversify to investment. Thus, I decided to add ZDH to increase my international exposure. I will be keep adding this ETF as long as its price stays low. Please note there are no commission fees for ETF purchase at Questrade. Therefore, I can deploy my available funds right way and purchase one or more EFT without paying commission fees.
Last month, I read a book called “The Little Book That Still Beats the Market” by Joel Greenblatt.
It is very interesting and easy to read book, and one of the must read books for those who would like to manage their investment.
After read the book, I decided to try Mr. Greenblatt’s magic formula (ROIC and earning Yield) with a small amount of money. I purchased 5 small cap growth/value Canadian stocks, which I will discuss in another post. It is just an experiment, and we will see how things work-out.
Here are the changes I made my dividend portfolio:
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 October 2017:
The changes made in my Canadian portfolio in November 2017.
- Added 10 shares of ENB at $44.10 at IB
- Added 5 shares of TRP at $61.97 at IB
- Added 3 units of ZDH ETF at $22.99 at Questrade
No changes were made in my U.S dividend portfolio in November 2017.
My estimated yearly passive income decreased by $32 to $8388 due to BEI.UN distribution cut..
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 ETFs at Questrade. 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.
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