Portfolio Value Update - April 2018


Portfolio Value 
As of April 30, 2018 my investment portfolio balance stood at $55,772.50. That’s an increase of $1,658.24 from last month. The stock market rebounded slightly, helping my portfolio cross the 55K mark. Two stocks in particular that fueled my portfolio. Magna (MG.TO) and Pure Multi-Family REIT (RUF.UN.VN) increased in value by 9% and 16% respectively. 

3 Years Portfolio Value Growth

Dividends 
In April, I received $255.89 in dividends vs $208.59 for the same period a year ago. That's an increase of $47.30 or 22% on year-over-year basis. My total year-to-date dividend income is $994.57. So far my portfolio generates enough income to cover property taxes and energy cost, or 2 weeks of groceries. I don’t need to use that money so I reinvest it back into dividend paying stocks.




3 Years Dividend Income Growth


Contributions
Every month I transfer $700 of fresh capital to my TFSA account. I plan to keep that pace until the end of the year. Next year I will adjust my contributions, depending on 2019 TFSA limit. 



Transactions
I made one transaction in April by purchasing 39 shares of AltaGas. I could not resist the sell-off of AltaGas and decided to add to my existing position. Right now I have 99 shares of AltaGas. The position is now full and I don’t plan to add to it anymore. 



My Investment Portfolio (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.

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That's it for this month. Thanks guys for reading and leaving your comments. I appreciate your thoughts and support on my updates. I really appreciate your time to read my updates and write back to me. Thank you.

8 comments:

  1. You're doing really well for the year, and great year-over-year increase! I just checked mine and I am up $672 for the year so far for dividend income. I would love to get to $3000 total dividends by the end of 2018 but that might be a bit of a stretch for this year.

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    1. Thank you, Ms Curious! All the power to you achieving your $3000 goal this year. The longer you stay in the game, the faster you grow.

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  2. Nice, a 22% increase is pretty great and congrats on growing the portfolio again. The market has been tricky lately but you're in a good spot to take advantage of any stock market falls with the extra capital you add each month!

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    1. Thank you for your support. I try to be consistent with my monthly contributions and purchases.

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  3. The growth of your portfolio value and dividend income is tremendous, German. Your consistent additions of fresh capital will help you continue to fuel that growth. Nice work crossing $250 for the 2nd month in a row. You had a nice string of $200+ months prior to that. Keep it going...

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    1. Thanks for your support! We can safely say that now I'm averaging $250 per month. That's a great addition to my purchasing power.

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  4. Wow another great month of growth. Keep on doing your thing it's working :)

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    1. Thank you!! Looks like we're on the right path!

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