Next Buy Watchlist: December 2015

With my last Watchlist in September I focused on consistent, steadily growing quarterly dividend payers within the financial sector. The big Canadian banks and insurance companies. Which of those companies, I bought my first shares in Manulife Financial, read about it here in my Recent Buy post.

    Recently, with my last purchase of Dream Office REIT I went for high yield, monthly income. This time around though I am so far still contemplating on what I want to buy next. While I am hunting for income and yield, I do also want to plan for the future with dividend growth stocks.

    In particular, I am looking to build singular positions to a size where dividends are able to DRIP a stock per payout, as well as try to diversify investments within my TFSA portfolio. Currently, I want to have my portfolio heavier on REIT's since within the Tax Free Savings Account their high income through distribution is not taxed, so for the most part I think I am about where I want to be on REITs. Making it the ideal account for Canadians to hold REIT's in, read my overview on the TFSA for more.

Next Buy Watchlist: September 2015

    It has been awhile since my last post, as I have been rather busy, as have the markets! It also been quite some time since my previous Watchlist in June. While I have been busy, I made sure to keep an eye on the markets and keeping abreast of recent news and important events like the Bank of Canada and Fed's decisions to hold interest rate steady, as well as results and comments on China's economy.

    There have been a few companies that I have been looking to build up my positions on. Especially with the continuing volatility that markets have been experiencing, some stocks are getting into  compelling valuations. In particular at the moment I am looking at adding to my existing bank positions, or initiating a new position in an insurance company.

Recent Buy! July 2015

    Pulled the trigger today and put some money to work! The TSX and broader global markets have taken a bit of a beating recently as fears of the possibility of Greece's default and unprecedented exit from the European Union(EU) loams ever closer. At first it appeared that Greece was going to miss its loan repayment to the International Monetary Fund(IMF) if Greece refused to negotiate/cede to the European Central Bank (ECB) terms. With that fear, markets took a nosedive. Then there was hope that a last minute deal over the weekend would provide Greece with its much needed funds; which did not end up happening as their Prime Minister Alexis Tsipras turned down the terms. With that, as some may remember global markets fell roughly 2-3% from just about all sectors. Since then, Mr. Alexis has pretty much given into most of the terms put forth on him, but nothing is signed as of yet (to my knowledge).

Next Buy Watchlist: June 2015

    Monday's news items made for an interesting day to put up a watchlist. With the current market fallout of Greece's potential missing of its IMF repayment date and the looming possibility of its unprecedented retreat from the European Union stock markets have taken a hit. I have been closing in on the stocks that I want to get, but with these events I am glad to have been taking my time. I am also going to be waiting on the result of tomorrow Bank of Canada report on the Canadian economy, as that could also affect financial companies. Now, while preparing and researching for my next addition to my portfolio I have had a few objectives in mind.

Recent Buy: Last Buys of March

    Before and after I went away on vacation I deployed a fair sum of capital that become available to me. Having already posted my recent buys that month of AQN and RY, there is still the additional shares of Bank of Nova Scotia (BNS), BCE inc (BCE) and Pizza Pizza (PZA) to my portfolio that month. It was a very busy month of portfolio building, which is reflected quite clearly in my last Portfolio Update, with a 103% increase in value!
    Leading up to these buys required quite a bit of time going over each companies available financial information, news releases and comparing the cost and benefits of each relative to each other. As well as comparing the portfolio weighting of each of the companies that were on my watchlist, as well as the impact of adding different amounts of each would have on my overall sector weightings as well.

Portfolio Update: April 6th

    I have been making quite a few purchases of late and realized that its been quite some time since I last posted a portfolio update post, the last one being at the end of January, woops! So here is the status of my portfolio as of April 6th. 

Next Buy Watchlist: February 2015

    I should be having money to invest within the upcoming weeks, so it is time to compile my watchlist of stocks that I am interested in! There are quite a few on my radar at the moment which I will be tracking and keep a closer eye on. For the most part I am mainly interested to adding to, and building up my current positions with an overarching goal of getting them to have payouts big enough to start a Dividend Re-Investment Plan. There are also some companies which I might start a new position in as well. And definitely some of these are familiar names from previous Watchlists.

    The main sectors/components of my portfolio that I want to build up are Financials, Telecoms, REITs and Consumer products, as well as selective Energy companies. I do eventually want to build up positions in Resources/Industrials, Healthcare, Technology and Transportation, but those areas I think I will leave for outside of my TFSA. I am also hesitant to enter into those areas as I do not currently have a lot of knowledge of them and their product/company life cycles.

Next Buy Watchlist: January 2015

   I am pretty happy to be able to post a Next Buy Watchlist this January! In December I wasn't sure if I would have enough extra capital to make a new stock purchase for this month, primarily due to a lot of expenses incurred in December. But, after reviewing my current cash levels, projected income and expenses for this month and February I'v found that I do indeed have some extra cash to deploy this month! And with all of the recent trouble within the Oil and Financial sectors to name a couple, there are quite a few great companies whose stocks prices have become quite tempting for me. On my shortlist of names are: Bank of Nova Scotia (BNS), Royal Bank of Canada (RY), Toronto Dominion Bank (TD), Pembina Pipeline (PPL), Veresen (VSN), Suncor (SU), and Dream Office REIT (D.UN).

Next Buy Watch(wish)list: December 2014

    So we are now mid way through December and the markets have been swinging all over the place. And since I wont have any extra cash to invest in a stock purchase this month, instead I am posting my current group of stocks on my watchlist, but its Christmas time and so its a bit more of a 'wish'-list. So in the spirit of a wishlist, I will be including some of the stocks I would have bought when they dropped down over the last week or so, or would still love to buy at their current valuations and not necessarily in line with my current portfolio sector weighting either. If only, if only!

Next Buy Watchlist: Nov. 2014

    This month I may have some extra capital to add alongside of my dividends for a smaller purchase. Depending on just how much cash I have to spare, I may end up only adding a bit to my exchange traded fund ZDV; which is still trading a fair bit below my current cost basis. Other than I am looking to adding to my current positions of my 'core' companies in the portfolio; particularly positions which haven't bounced back as much from the pullback in October and/or represent smaller holdings within the portfolio. Most likely the purchase would be of BNS, RY or NA.

October 2014 Dividend Update!

    October went by scarily fast, and with a few market scares to boot! And not to mention Halloween frights as well, like snow fall around midnight!!! The good news is that the dividends kept on coming in on schedule and as expected, if not better! My monthly payers keep my baseline income nice and high at around $30 every month, and this time my quarterly paying companies kicked in even more! I'v also benefited this month from having bought more shares of TD which paid out this month and dividend increases from AQN and BNS. My total dividend income this month is my highest yet, with $63.54 in dividend income! That's over double last months $29.59, and $6.28 more than the previous comparable month! That money is pretty much 6 hours of minimum wage work I did not have to do at all and it feels pretty good to see my passive income stream slowly growing.

Here's my full breakdown:

Next Buy Watchlist: Oct. 2014

    Markets have been heading downwards recently, but that also means there are some better deals to be had. And so with some extra cash sitting around I'v decided to move about into my brokerage account and see what pops up within the next week or so. Normally when I move money into my brokerage account I have a clear purpose as to what I am buying already, down to sending pretty much exactly the amount I need for the targeted number of shares within $10 to account for small market fluctuations in the stocks price. This time however, with the markets being so volatile I'v decided to move an amount that can buy a nice amount of a group of particular stocks, but I don't have a single accusation in mind.

    Generally speaking though due to my current heavy weighting in Energy I am looking to avoid it, except perhaps more of Algonquin Power and Utilities as it has no stake in the Oil market which has recent seen its prices declining.

Recent Dividend Increases!

 
Dividend Increases! These two little words are exactly what I like to see from companies whose shares I own. They generally mean business is going very well and so the companies are willing and able to give back a bit more of their profits to investors! This month has been quite good for my portfolio, with three these three companies declaring dividend increases: Algonquin Power & Utilities (AQN), the Bank of Nova Scotia (BNS) and the Royal Bank of Canada (RY). It's just so nice to be getting paid more, even if it is just a few cents more for simply holding onto a quality company and looking forward to higher dividend payouts and hopefully more dividend increases in the future.

Here is a breakdown of the dividend increases and how they are affecting my portfolio.
  
Algonquin Power & Utilities (AQN):
CDN$.085 to US$.0875 or ~CDN$.0955, an increase of 12.4%, dividend yield of 4.22%

July 2014 Dividend Update!

    So the month of July has pretty much just finished and so I've received another months worth of awesome dividends and distributions from the companies I hold. Hopefully you've all received some good ones as well! This month has been my best month thus far with a grand total of $57.26 in passive income! That's roughly 5 hours of minimum wage work that I didn't have to do this month! :)

Dividend Income: January - May Catch-up Post!

    So since I'v only recently started this blog and also having only really gotten my portfolio going since January I shall do one 'big' month by month catch-up post on my dividend income thus far. Going forward I'll do a monthly posting. I know its one of the aspects of my portfolio that I look forward to during and at the end of the month to see how much money iv made not working! On other blogs as well I always love seeing how people's portfolios have grown in income from the previous year.

January
Dream Office REIT (D.UN)     $4.11
Algonquin Power (AQN)          $7.57
BCE Inc (BCE)                         $4.66
Bank of Nova Scotia (BNS)     $3.72
Scotia Mutual Fund                  $1.17                * Sold off in Febuary.

Total:                                        $21.23