Hey guys! I swapped some stocks today and wanted to share my trades before the end of the year.
First Trade:
I sold Northland Power (NPI.TO) and used the cash to add to my 3 existing positions. Nothing wrong with the company. Northland Power is a great renewal energy play; however, I have other names in mind that I’m more excited about. I sold 100 shares of NPI.TO for $37.50 per share and bought Algonquin Power (AQN.TO), Smart Centers REIT (SRU.UN.TO), and First National (FN.TO). I equally allocated $3,750 into those three companies. Algonquin Power is a similar energy company, but trades at better valuation. Smart Center is the best retail REIT in Canada, but I’m very excited about they future projects. They are capable of building neighborhoods and they proved to be resilient during the pandemic. First National is the biggest non-bank lender and is my favorite lending stock. I love that each year they return excess capital to shareholders in form of a special dividend.
Second Trade:
I swapped Dream Office REIT (D.UN.TO) for Dream Industrial REIT (DIR.UN.TO). Dream Office is a pure office play and going forward I don’t want any exposure to office REIT because of the pandemic and work-at-home trend. Dream Industrial is a pure industrial play and I have no problems holding the stock for many years because industrial properties don’t have the same risks that office properties have.
Third Trade:
I swapped Gibson Energy (GEI.TO) for Pembina Pipeline (PPL.TO). Both companies are in energy infrastructure, but I believe Pembina is a better company. So, I decided to consolidate my energy exposure and add to my PPL.TO position.
Trades Summary:
Sell 100 shares of NPI.TO for $37.50 per share
Buy 65 shares of AQN.TO for $18.49 per share
Buy 40 shares of SRU.UN.TO for $31.97 per share
Buy 30 shares of FN.TO for $41.65 per share
Sell 45 shares of D.UN.TO for $24.01 per share
Buy 65 shares of DIR.UN.TO for $16.91 per share
Sell 55 shares of GEI.TO for $22.63 per share
Buy 32 shares of PPL.TO for $38.91 per share
December 2021 Stock Purchases
Hey guys! I bought some stocks recently and wanted to provide a short update. Everything was bought in a taxable account because my TFSA is maxed out. I already saved up enough money to max out my TFSA account in January 2022. In January 2022, the TFSA contribution room goes up by another $6,000.
In total I bought seven companies. This time I wanted to focus on insurance companies and bought three insurance stocks: MFC, GWO, and IAG. I already own MFC so I added a bit to my position, but the other two GWO and IAG are my first buys. Eventually I will add more of GWO and IAG.
Apart from insurance stocks, I also added to my AQN, NFI and TRP positions simply because the prices are too good to pass on. I really like that trio at the current prices.
The last company I bought is The North West NWC. This is an interesting play in the retail sector. I found this company during my screening process. It's basically a value retailer in rural communities in Northern and Western Canada, as well as Alaska, Sought Pacific Islands and Caribbean. Their banner name include North Mart, Giant Tiger, Alaska Commercial, Cost U Less, RiteWay and more. You can think of it as Walmart but up north. It's a small position for now, but eventually I would like to grow it to over a 100 shares.
Here's the screen shot from my brokerage account:
The last company I bought is The North West NWC. This is an interesting play in the retail sector. I found this company during my screening process. It's basically a value retailer in rural communities in Northern and Western Canada, as well as Alaska, Sought Pacific Islands and Caribbean. Their banner name include North Mart, Giant Tiger, Alaska Commercial, Cost U Less, RiteWay and more. You can think of it as Walmart but up north. It's a small position for now, but eventually I would like to grow it to over a 100 shares.
Here's the screen shot from my brokerage account:
Portfolio Value Update - November 2021
Portfolio Value
In November, my portfolio value decreased by $2,263 from $134,430 to $132,167. The stock market performed very well the first two weeks and then dropped by more than 1000 points by the end of the month which negatively affected my portfolio value. This time it was a new corona variant that started this selloff. No complaints here; let the markets sink a little because I’m on a buying mode.
Dividends
Dividends received in November 2021: $479.27
Dividends received in November 2020: $418.76
Year-Over-Year Dividend Growth: $60.51 or 14%
Year-To-Date Dividend Income: $5,058.19
In November, my portfolio value decreased by $2,263 from $134,430 to $132,167. The stock market performed very well the first two weeks and then dropped by more than 1000 points by the end of the month which negatively affected my portfolio value. This time it was a new corona variant that started this selloff. No complaints here; let the markets sink a little because I’m on a buying mode.
Dividends
Dividends received in November 2021: $479.27
Dividends received in November 2020: $418.76
Year-Over-Year Dividend Growth: $60.51 or 14%
Year-To-Date Dividend Income: $5,058.19
Portfolio Value Update - October 2021
Portfolio Value
In October, my portfolio value increased by $4,622 from $129,808 to $134,430. Most of the increase came from stocks appreciation. The stock market had a good run-up in October reflecting the positive earnings reports from most companies. The only sector that is suffering right now is manufacturing due to supply chain crisis.
Dividends
Dividends received in October 2021: $479.19
Dividends received in October 2020: $434.91
Year-Over-Year Dividend Growth: $44.28 or 10.18%
Year-To-Date Dividend Income: $4,578.92
The dividend income is back on the growth trajectory after being stuck at around $450 for the last four month.
In October, my portfolio value increased by $4,622 from $129,808 to $134,430. Most of the increase came from stocks appreciation. The stock market had a good run-up in October reflecting the positive earnings reports from most companies. The only sector that is suffering right now is manufacturing due to supply chain crisis.
Dividends
Dividends received in October 2021: $479.19
Dividends received in October 2020: $434.91
Year-Over-Year Dividend Growth: $44.28 or 10.18%
Year-To-Date Dividend Income: $4,578.92
The dividend income is back on the growth trajectory after being stuck at around $450 for the last four month.
Portfolio Value Update - September 2021
Welcome back to my blog. I hope you’re doing well and enjoying the beginning of autumn. September is now behind us and it’s time to report my monthly progress. But before I continue with my monthly reporting, I got some pleasant news from my stock broker. My stock broker eliminated the trading fees so now I can trade for free. I used to pay $6.95 per trade and I would wait until I have at least $1,000 in the account to buy stocks, but now I can reinvest my dividends faster because of commission-free trades.
Portfolio Value
In September, my portfolio value decreased by $3,152 from $132,960 to $129,808. I’m back to under $130K, but that’s OK because the Canadian market pulled back by 3.5%. My portfolio did very well for the past 15 months except for September. And who knows how the markets will act this month.
Portfolio Value
In September, my portfolio value decreased by $3,152 from $132,960 to $129,808. I’m back to under $130K, but that’s OK because the Canadian market pulled back by 3.5%. My portfolio did very well for the past 15 months except for September. And who knows how the markets will act this month.
Portfolio Value Update - August 2021
Welcome back to my blog. I hope you’re doing well and enjoying the summer. August is now behind us and it’s time to report my monthly progress.
Portfolio Value
In August, my portfolio value increased by $4,433 from $128,527 to $132,960. The increase is attributed to new stock purchases and stock price appreciation. I added $3,417 worth of new stocks in Enbridge and in TC Energy on August 19, 2021. You can read more about these purchases in my previous post.
Portfolio Value
In August, my portfolio value increased by $4,433 from $128,527 to $132,960. The increase is attributed to new stock purchases and stock price appreciation. I added $3,417 worth of new stocks in Enbridge and in TC Energy on August 19, 2021. You can read more about these purchases in my previous post.
August Stock Purchases
Well, the market started to show some weakness and I decided to buy some stocks. As you may know, I have two investment accounts. One is TFSA and the other one is a regular taxable account. I decided to add energy stocks because they are down the most at the moment. So here’s what I bought.
In my TFSA account, I bought 16 shares of TC Energy (TRP.TO) for $58.45 per share. That’s a bit more than what I paid a year ago, but considering that it was $64 two months ago, then it’s not that bad. With this purchase I now have 46 shares of TRP and I plan to add more if the stock falls further. This purchase also adds $13.92 in dividends per quarter or $55.68 per year.
TC Energy operates natural gas, oil, and power generation assets in Canada and the United States. The firm operates more than 60,000 miles of oil and gas pipelines, more than 650 billion cubic feet of natural gas storage, and about 4,200 megawatts of electric power.
The second purchase was Enbridge (ENB.TO) in my regular account. I bought 52 shares of ENB for $47.74 per share and with this purchase I now have 105 ENB shares in total. This is a full position for me and I plan to hold that company for many years to come. With additional shares, I’m expected to earn $43.40 per quarter or $173.60 per year.
Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company. Finally, the firm has a small renewables portfolio primarily focused on onshore and offshore wind projects.
In my TFSA account, I bought 16 shares of TC Energy (TRP.TO) for $58.45 per share. That’s a bit more than what I paid a year ago, but considering that it was $64 two months ago, then it’s not that bad. With this purchase I now have 46 shares of TRP and I plan to add more if the stock falls further. This purchase also adds $13.92 in dividends per quarter or $55.68 per year.
The second purchase was Enbridge (ENB.TO) in my regular account. I bought 52 shares of ENB for $47.74 per share and with this purchase I now have 105 ENB shares in total. This is a full position for me and I plan to hold that company for many years to come. With additional shares, I’m expected to earn $43.40 per quarter or $173.60 per year.
Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company. Finally, the firm has a small renewables portfolio primarily focused on onshore and offshore wind projects.
Portfolio Value Update - July 2021
Welcome back to my blog. I hope you’re doing well and enjoying the summer. July is now behind us and it’s time to report my monthly progress.
Portfolio Value
In July, my portfolio value increased by $1,623 from $126,904 to $128,527. The increase is attributed exclusively to stocks appreciation. I did not add any new funds to my accounts.
Dividends
Dividends received in July 2021: $452.58
Dividends received in July 2020: $414.29
Year-Over-Year Dividend Growth: $38.29 or 9.24%
Year-To-Date Dividend Income: $3,190.84
The dividend growth rate has slowed down to just under 10% compared to last year. This is because I haven’t bought new stocks in a while. I will probably buy more stock this month to bump up my dividends.
Portfolio Value
In July, my portfolio value increased by $1,623 from $126,904 to $128,527. The increase is attributed exclusively to stocks appreciation. I did not add any new funds to my accounts.
Dividends
Dividends received in July 2021: $452.58
Dividends received in July 2020: $414.29
Year-Over-Year Dividend Growth: $38.29 or 9.24%
Year-To-Date Dividend Income: $3,190.84
The dividend growth rate has slowed down to just under 10% compared to last year. This is because I haven’t bought new stocks in a while. I will probably buy more stock this month to bump up my dividends.
Portfolio Value Update - June 2021
Welcome back to my blog. I hope you’re doing well and enjoying the summer. June is now behind us and it’s time to report my monthly progress.
Portfolio Value
In June, my portfolio value increased by $3,130 from $123,774 to $126,904. The increase is attributed exclusively to stocks appreciation. I did not add any new funds to my accounts.
Dividends
Dividends received in June 2021: $443.67
Dividends received in June 2020: $361.07
Year-Over-Year Dividend Growth: $82.60 or 23%
Year-To-Date Dividend Income: $2,738.26
My dividend income was short by approx. $26 because I sold Brookfield Property Partners (BPY.UN). I reinvested the cash but it will take a few months for new dividends to reflect in the account.
Portfolio Value
In June, my portfolio value increased by $3,130 from $123,774 to $126,904. The increase is attributed exclusively to stocks appreciation. I did not add any new funds to my accounts.
Dividends
Dividends received in June 2021: $443.67
Dividends received in June 2020: $361.07
Year-Over-Year Dividend Growth: $82.60 or 23%
Year-To-Date Dividend Income: $2,738.26
My dividend income was short by approx. $26 because I sold Brookfield Property Partners (BPY.UN). I reinvested the cash but it will take a few months for new dividends to reflect in the account.
The Sale of Brookfield Property Partners and Purchased Two Canadian Stocks
Hey guys! So, this Friday, June 25, I made a few transactions in my TFSA account. I sold the entire BPY position and bought two other stocks. The reason I sold Brookfield Property Partners (BPY) is because they will be acquired very soon anyway.
I had 186 shares/units of BPY that I bought between 2017 and 2019 for an average price of around $27 per share. When covid hit, the stock tanked to under $10 because most of retail stores and malls had to close. That negatively affected BPY and many other retail REITs. Right now, BPY trades at pre-covid level and slightly higher for what the company will be acquired for. I decided to exit and sold all shares for $23.35 per share. I booked a loss of $699 but the dividends that I received in the last four years had offset the loss completely. Considering how low the stock price “dipped” during covid, my loss could have been a lot bigger.
As soon as I sold BPY, I bought two other stocks. You know me. I hate to hold cash and try to redeploy the capital asap. I added 100 shares of Algonquin Power (AQN.TO) to my position and started a new position in Bell (BCE.TO) by purchasing 50 shares. I believe both companies are solid and should provide great returns going forward. For AQN I paid $18.87 per share and for BCE I paid $60.72 per share.
I had 186 shares/units of BPY that I bought between 2017 and 2019 for an average price of around $27 per share. When covid hit, the stock tanked to under $10 because most of retail stores and malls had to close. That negatively affected BPY and many other retail REITs. Right now, BPY trades at pre-covid level and slightly higher for what the company will be acquired for. I decided to exit and sold all shares for $23.35 per share. I booked a loss of $699 but the dividends that I received in the last four years had offset the loss completely. Considering how low the stock price “dipped” during covid, my loss could have been a lot bigger.
As soon as I sold BPY, I bought two other stocks. You know me. I hate to hold cash and try to redeploy the capital asap. I added 100 shares of Algonquin Power (AQN.TO) to my position and started a new position in Bell (BCE.TO) by purchasing 50 shares. I believe both companies are solid and should provide great returns going forward. For AQN I paid $18.87 per share and for BCE I paid $60.72 per share.
Portfolio Value Update - May 2021
Portfolio Value
I can’t believe it’s already June! Summer! It’s time to report my May progress. In May, my portfolio increased by $2,058 from $121,716 to $123,774. The increase in value is attributed to stock market appreciation. The markets are hot and stocks continue to trade at high valuations. I have a bit of cash sitting in the account and if we get some pullback, I will take the opportunity to buy. I’m thinking investing in energy stocks, like adding more to Suncor, Enbridge, and Pembina. The world is thirsty for oil and the demand will only increase due to summer driving season.
Dividends
Dividends received in May 2021: $475.69
Dividends received in May 2020: $361.70
Year-Over-Year Dividend Growth: $113.99 or 31.51%
Year-To-Date Dividend Income: $2,294.59
I can’t believe it’s already June! Summer! It’s time to report my May progress. In May, my portfolio increased by $2,058 from $121,716 to $123,774. The increase in value is attributed to stock market appreciation. The markets are hot and stocks continue to trade at high valuations. I have a bit of cash sitting in the account and if we get some pullback, I will take the opportunity to buy. I’m thinking investing in energy stocks, like adding more to Suncor, Enbridge, and Pembina. The world is thirsty for oil and the demand will only increase due to summer driving season.
Dividends
Dividends received in May 2021: $475.69
Dividends received in May 2020: $361.70
Year-Over-Year Dividend Growth: $113.99 or 31.51%
Year-To-Date Dividend Income: $2,294.59
Portfolio Value Update - April 2021
Portfolio Value
In April, my stock portfolio increased by $3,259 and closed at $121,716. The jump in portfolio value is only attributed to stocks appreciation. I did not add any new funds, but I did purchase some stocks. The money that I received from Genworth Canada buyout was invested in Dream Industrial reit. You can read about this in my previous post. The stock market is getting expensive month after month, but I feel like the Canadian market is lagging. But that’s OK because there are still some investment opportunities left on the table.
Dividends
Dividends received in April 2021: $463.27
Dividends received in April 2020: $407.79
Year-Over-Year Dividend Growth: $55.48 or 13.60%
Year-To-Date Dividend Income: $1,818.90
In April, my stock portfolio increased by $3,259 and closed at $121,716. The jump in portfolio value is only attributed to stocks appreciation. I did not add any new funds, but I did purchase some stocks. The money that I received from Genworth Canada buyout was invested in Dream Industrial reit. You can read about this in my previous post. The stock market is getting expensive month after month, but I feel like the Canadian market is lagging. But that’s OK because there are still some investment opportunities left on the table.
Dividends
Dividends received in April 2021: $463.27
Dividends received in April 2020: $407.79
Year-Over-Year Dividend Growth: $55.48 or 13.60%
Year-To-Date Dividend Income: $1,818.90
April 2021: Buyout and New Stock Purchase
Hey guys welcome back to my blog. I got a few things to share regarding my stock portfolio. One of my stocks was recently bought out and I used the money to invest in another stock.
Genworth MI Canada
Genworth MI Canada
Let’s start with the stock that was bought out. About 18 months ago I bought 40 shares of Genworth MI Canada (MIC.TO) for $52.30 per share. This company provides mortgage insurance in Canada. It was partially owned by Brookfield Business Partners and this year Brookfield decided to buy all of outstanding shares. When the Covid happened the stock price dropped way below my purchase price and the deal was finalized at $43.50 per share. Not a bad deal for Brookfield to pick up good companies at depressed prices. For my 40 shares of MIC I received $1740 in cash. That’s a capital loss of $360, but I received $466 in dividends for holding the stock for about 18 months. Thankfully the dividends helped offset the loss and the investment yielded a small gain.
Dream Industrial REIT
I decided to invest in Dream Industrial REIT because I like the industrial space. Dream Industrial owns and operates a diversified portfolio of high-quality industrial real estate in Canada, the U.S. and Europe. Industrial REITs are not as risky as retail or office reits. Regardless of how consumers will shop and work, the industrial REITs will always be in demand. The goods need to be shipped, stored and distributed. I had about $3000 in cash available to invest and I decided to go all in! I bought 215 shares at $13.53 per share for a total amount of $2,908.95. The yield is about 5% and this purchase should add $12.53 per month in dividend income.
Portfolio Value Update - March 2021
Portfolio Value
In March, my stock portfolio increased by $6,286 and closed at $118,457. Considering the size of my portfolio – that’s a big increase. The jump in portfolio value is only attributed to stocks appreciation. I did not add new funds, nor did I purchase anything. I just let the dividends accumulate and hopefully will buy new stocks in April.
Dividends
Dividends received in March 2021: $454.91
Dividends received in March 2020: $480.55
Year-Over-Year Dividend Growth: -$25.64 or -5.33%
Year-To-Date Dividend Income: $1,355.63
I had a negative growth rate in March compared to last year. This is because last year I received a special dividend of $92.80 from Genworth MI Canada. If I were to exclude the special dividend, the growth rate would have been 17.32%.
In March, my stock portfolio increased by $6,286 and closed at $118,457. Considering the size of my portfolio – that’s a big increase. The jump in portfolio value is only attributed to stocks appreciation. I did not add new funds, nor did I purchase anything. I just let the dividends accumulate and hopefully will buy new stocks in April.
Dividends
Dividends received in March 2021: $454.91
Dividends received in March 2020: $480.55
Year-Over-Year Dividend Growth: -$25.64 or -5.33%
Year-To-Date Dividend Income: $1,355.63
I had a negative growth rate in March compared to last year. This is because last year I received a special dividend of $92.80 from Genworth MI Canada. If I were to exclude the special dividend, the growth rate would have been 17.32%.
Portfolio Value Update - February 2021
Portfolio Value
In February, my stock portfolio increased by $2,027 and closed at $112,171. The increase is attributed to stocks appreciation. I did not add new funds, but I plan to transfer some money to my taxable account for March purchases.
Dividends
Dividends received in February 2021: $449.80
Dividends received in January 2020: $465.14
Year-Over-Year Dividend Growth: -$15.34 or -3.29%
Year-To-Date Dividend Income: $900.72
I had a negative growth rate in February compared to last year. This is because last year I received a special dividend of $92.80 from Genworth MI Canada. On adjusted basis, the dividend growth rate would have been 20.80%.
In February, my stock portfolio increased by $2,027 and closed at $112,171. The increase is attributed to stocks appreciation. I did not add new funds, but I plan to transfer some money to my taxable account for March purchases.
Dividends
Dividends received in February 2021: $449.80
Dividends received in January 2020: $465.14
Year-Over-Year Dividend Growth: -$15.34 or -3.29%
Year-To-Date Dividend Income: $900.72
I had a negative growth rate in February compared to last year. This is because last year I received a special dividend of $92.80 from Genworth MI Canada. On adjusted basis, the dividend growth rate would have been 20.80%.
Portfolio Value Update - January 2021
Portfolio Value
In January, my stock portfolio value increased by $9,151 and closed at $110,144. I did transfer $6,000 to max out my TFSA contribution room, the rest of the gain came from stock appreciation.
New Stocks I Bought in January 2021
Well, I spent a lot of money again. I transferred $6,000 to my brokerage account to max out my TFSA contribution room and I had $1,000 saved up from dividends.
I decided to invest all money at once just like the last year and then every quarter I will reinvest the dividends back into dividend paying stocks to keep the snow ball growing.
The stock market is expensive and it’s getting harder to find good deals. So I picked a few names that are still trading at good valuations and they are the perfect additions to my portfolio.
I added two utilities and one real estate company.
I decided to invest all money at once just like the last year and then every quarter I will reinvest the dividends back into dividend paying stocks to keep the snow ball growing.
The stock market is expensive and it’s getting harder to find good deals. So I picked a few names that are still trading at good valuations and they are the perfect additions to my portfolio.
I added two utilities and one real estate company.
Portfolio Value Update - December 2020
Welcome back to my blog. I hope you are doing well. If you’re new here and don’t know what I do, I invest in dividend paying stock to generate extra income so that overtime I could generate enough to cover my living expenses. Every month I report my portfolio progress and dividend income. December 2020 is in the books and it’s the time to report my progress. So here it is.
Portfolio Value
In December, my stock portfolio value increased by $458 and closed at $100,993. All of the increase came from stock appreciation. I did not add any new funds to my account in December as my TFSA account is maxed out. In January 2021 I will have an additional $6000 of contribution room for my TFSA and I plan to top it off right away.
Portfolio Value
In December, my stock portfolio value increased by $458 and closed at $100,993. All of the increase came from stock appreciation. I did not add any new funds to my account in December as my TFSA account is maxed out. In January 2021 I will have an additional $6000 of contribution room for my TFSA and I plan to top it off right away.
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