January 2015: Income & Expenses

Savings rate of 25.7%
    The month of January has most certainly come to an end, and I was very happy to recently post about my new dividend record! That record helped to keep my income for the month up and my savings rate as well, those dividends equaled 5.1% of my income for the month! Its pretty amazing to see the progress that my modest portfolio has begun. With $53.94 more in dividends than last year, I am eager to see it continuing to grow and pump out the dividends.

   I am also very happy with myself on keeping expenses down quite a bit this month, especially compared to Decembers heavy spending.

January 2015 Dividend Update!

    I am very happy to be able to make this post! As its my first dividend update of the year and its starting on a new dividend income record for me! This months total was brought up from the previous comparable month due to my recent portfolio addition of RioCan REIT and more shares of Algonquin Utilities as well as AQN's dividend increase/conversion to US Dollar
 which coincided with the decline in the Canadian Dollar. This months total dividends are $75.17! Beating my 2014 top month of $64.05, an increase of $11.04.

Portfolio Update: January 20th 2015

   It's mid January and time for my first portfolio update of 2015! Thought it would be a good time for one after my recent buy, where I added to my position in Dream Office REIT. My portfolio's value now sits at $12,791.19, and has an estimated annual dividend income of $644.19, which averages out to about $55 a month!

Recent Buy! January 2015

     Considering my much higher than normal expenses in December, I am very happy to say I was able to make a purchase this month. So I deployed my cash by adding to my position in Dream Office REIT (D.UN) with another 24 shares, making my total share count at 85. Dream is now back to being my largest single position in my portfolio, with a weighting on 18% and bringing my REIT weighting to 24% which is a bit higher than I am aiming for, so in the future unless an amazing opportunity to buy more of Dream or RioCan comes up I will not be buying more of them for the next while.
 

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).