2019 Plans and Goals

In today’s post, I would like to share with my readers about my plans and goals for 2019. With only one week left until the New Year, right now would be the perfect time to plan my investing strategy and new goals. 

TFSA Contributions

Let’s start with TFSA (Tax-Free-Savings-Account) contributions for 2019. The contribution room was raised by $500 so the new contribution room for 2019 will be $6,000 instead of $5,500. I also have an unused contribution of $900 from previous years. Therefore, my total contribution for 2019 will be $6,900. My monthly contributions towards my portfolio will be $575 (6900/12=575). 

Monthly Stock Purchases

Just like this year, I will continue to make monthly stock purchases in 2019. My monthly contributions and dividends will be combined to make one purchase per month. My monthly purchasing power will be around $900 ($575 fresh capital + $300+ monthly dividends). 

Stock Picks

In 2019 I will focus more on Bank stocks, residential REITs, and Energy stocks. On my watch list, I will have stocks like TD Bank, Royal Bank, Nova Scotia, Killam REIT, Canadian Apartments REIT, and of course the whole basket of Brookfield businesses like Brookfield Properties, Infrastructure and Renewable. I will also grow my existing positions whenever the stocks are on sale. 

Portfolio Goals

• Reach $70,000 in portfolio value 
• Reach $350 in regular monthly dividends 
• Reach $4000 in dividends 

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That’s it! I would like to thank you all for another great year! Merry Christmas! Happy New Year! Have a great and relaxing Holiday! Enjoy the break. Relax. Come back strong. Hassle hard. Invest wisely. Best of luck in 2019!

New Buy - Restaurant Brands International

Today I made my last purchase of the year. I always wanted to have an exposure to Tim Hortons and Burger King so I went ahead and purchased 11 shares of Restaurant Brands International, ticker QSR.TO on the Toronto Stock Exchange.

Restaurant Brands International is a multinational fast food holding company that was formed in 2014 when Tim Hortons and Burger King merged in a $12.5 billion deal. In 2017, RBI acquired Popeyes Louisiana Kitchen and became the fight-largest operator of fast food restaurants in the world.

Purchase
I bought 11 shares of QSR.TO for $71.70 per share. This is a new position in my portfolio. Eleven shares is not much, but I plan to add to this position later on, especially if the share price remains around $70 or less. I believe that QSR is a great holding company with great growth prospects.


Dividend
The company pays a quarterly dividends in US currency and when converted to CAD dollars it comes up to 3% yield. Not a bad payout from a solid, growing business. It’s also worth mentioning that the dividend was doubled in March 2018 and I expect more dividend increases in 2019.


Dividend Payout Ratio
The current dividend payout ratio sits at 46% making it a safe investment for someone who relies on dividend income.


Ex-Dividend Date
The ex-dividend date for QSR is December 14, 2018 and the dividend payment is on January 4, 2019. By purchasing the shares today, I will receive my very first payout as early as next month. Right now is a good time to buy to get the dividend as early as possible.

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That's it! That was my last purchase for this year. Let me know what you think of it.

Portfolio Value Update - November 2018

Portfolio Value
As of November 30, 2018 my investment portfolio balance stood at $62,184.00. Just like expected, the stock market held up pretty well in November, which contributed to positive return. My portfolio value increased by $486.00 from last month.

Dividends
Dividends received in November 2018: $311.61
Dividends received in November 2017: $222.71
Year-Over-Year Dividend Growth: $88.90 or 40%
Year-To-Date Dividend Income: $2,943.92