Portfolio Value Update - July 2025

Portfolio Value
In July, my portfolio increased by $3,748, growing from $195,919 to $199,667. I'm pleased to see it approaching the $200K milestone - a meaningful benchmark. Most of the growth was driven by stock appreciation, and I’m hopeful this positive momentum will carry into August.

On the contribution side, I’ve been steadily adding to my TFSA. I contributed $3,000 over the first six months of the year, and in July, I transferred another $3,000 from a taxable account. This leaves me with a remaining TFSA contribution room of $1,000 for the rest of the year.



Dividends
Dividends received in July 2025: $874.57
Dividends received in July 2024: $787.20
Year-Over-Year Dividend Growth: $87.37 or 11.09%
Year-To-Date Dividend Income: $5,947.39

Transactions

• In a taxable account, I sold 160 shares of NFI Group (NFI.TO) for $19.10 per share and transferred $3,000 to my TFSA.
• In TFSA, I sold 50 shares of NFI Group (NFI.TO) for $19.05 per share and used the capital to reinvest in a different stock.
• In TFSA, I bought 100 shares of Canadian Natural Resources (CNQ.TO) for $42.67 per share.
• In TFSA, I bought 138 shares of Whitecap Resources (WCP.TO) for $10.20 per share.

Recently, shares of NFI.TO rebounded and rose above my average purchase price. I viewed this as an opportunity to exit the position and reallocate the capital to a different sector. I chose to invest in CNQ.TO and WCP.TO, as I believe these are higher-quality names with stronger fundamentals that will enhance the overall strength of my portfolio.



Charts

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That wraps up my July update! I’d love to hear your thoughts on my progress. Feel free to share yours in the comments below as well. Thanks for reading, and see you next month!