Sunday, 29 May 2016

Portfolio Update! May 29th, 2016

    It has been a few months since my last Portfolio Update at the end of January. Since then I have made additional purchases to Pembina Pipeline Corp., and Toronto Dominion bank, adding 25 and 14 shares respectively. I have also done some trading, with selling and buying some of my Veresen shares.

    The Toronto Stock Exchange (TSX) has also been doing quite a bit better overall since its horrible start to 2016 and is now positive for the year so far. Which has reflected quite nicely on the total value of my portfolio. For the first time I am now consistently sitting above $35,000!

Thursday, 26 May 2016

Recent Buy! April 2016

    Following up on my Watchlist post, I went ahead and added to my position in Algonquin Power and Utilities (AQN). I have held shares in this company since first starting my portfolio, by year end it will be 3 years! I still consider this stock as a long-term hold, and is the largest single holding in my portfolio, with a weighting of 14.87%. Which is from adding more shares and the stocks steady appreciation in value over time.

Wednesday, 11 May 2016

Recent Buy & Sell! April 2016

    There had been a bit of volatility in the markets a couple of weeks ago. In particular with my holding of Veresen (VSN). In a single day it jumped up from $8.87 a share to $9.51, roughly 8%! So I took the opportunity to sell a portion of my shares. I sold 71 shares at $9.42, which lowered my monthly dividend income by $5.91, and $70.97 annually.

April 2016: Dividend Update!

    April provided me with a solid month of dividend income.Where monthly distributions continue to be the base of my passive income, and a few of my larger quarterly payers such as Algonquin Power, Bank of Nova Scotia and BCE contributed big boosts to my income.