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:



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


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.



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 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.