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.

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.