Portfolio Value Update - October 2017

Welcome to my monthly portfolio update. The month of October just passed by and it’s time for me to report my progress. To my surprise, October was a very good month because some of my stocks have appreciated very well. The biggest influencers were Magna (MG.TO) and Diversified Royalty (DIV.TO). These stocks have added significant value to my portfolio while rallying to their all-time highs. Let’s see for how long they can keep up with momentum.



Portfolio Value
As of October 31, 2017 my investment portfolio balance stood at $49,405.03. That’s an increase of $1,779.29 from last month. So far, it was the best performing month of the year. I’m getting very close of reaching my goal of $50K portfolio value.





Dividends
Dividend income is a passive income for which I don’t have to work for. I simply invest in different corporations and collect dividends for owning the stock. In October, I received a total of $219.73 in dividends vs $190.03 for the same period a year ago. That's an increase of $29.70 or 15% on year-over-year basis. My cumulative dividend income for this year is $2,138.92. That’s more than total dividends received in 2016.


Contributions
In October, I added $800 of fresh capital to my TFSA account. The maximum amount that I can contribute in 2017 is $5,500. Since I have contribution room from prior years, I will continue to add $800 per month until I reach my maximum contribution.


My Investment Account (TFSA)
My portfolio consists of 30 Canadian dividend paying stocks. Most of my stocks pay dividends on monthly basis. This allows me to collect dividends and reinvest them into dividend paying stocks more rapidly.


Transactions
On October 19, 2017 I purchased 80 shares of Medical Facilities (DR.TO) @ $14.15 per share. Medical Facilities is an interesting surgical company. They own controlling interest in five surgical facilities in the US.

I used to own this company in the past. Usually, I buy this company at around $14 and sell at around $18. So for me, this is a trading stock, rather than a long-term investment. The growth is limited, but it pays a nice monthly dividend.

A year ago, the stock was trading at $21 per share. Then it started to decline and when it reached $14 level, I got interested in it again. So I bought my first tranche of shares and plan to hold them until they reach $20 again. If the stock price goes down even more, I will buy a second tranche.

Medical Facilities is paying out a monthly dividend of $0.0938 per share. With my addition of 80 shares, I will be getting $7.50 per month in dividends.


Online Income
Here’s the break-down of other online income during the month.

  • PTC Sites: $16.07
  • Surveys: $7.00
  • Adsense: $5.49

Total income from online sources: $28.56

My earnings from PTC sites and surveys are slightly higher compared to last month. My adsense revenue is lower this month because I uploaded fewer videos for my YouTube channel.

6 comments:

  1. Great update. It's great to see your portfolio on the rise, but your dividends are more impressive to me. Keep up the good work.

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    1. Thanks. My current portfolio yield is about 5%, but that will drop a little once I start to buy telcos and banks.

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  2. Nice month income. Great idea with dr.to huge dividend and sounds like a healthy flip.

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  3. Very nice! It is the best when you are contributing a bunch to the portfolio in the beginning so your contributions are more important then gains, go work keep it up.

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    1. This year my contributions are still high because I have not reached my maximum TFSA contribution limit yet. But next year my monthly contributions will be a bit less.

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