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The Dividend Investor Blog by Dividend Investor - 2d ago

I’ve been getting some messages recently concerning my portfolio holdings. More specifically, how mush is invested into each of my positions. While I have posted my end of year report which contains the total portfolio worth and you could reverse calculate the number of shares I have based on the dividends/share by looking at a few months dividend updates, I’ll make this much easier. Here is how my portfolio currently stands.

All prices will be in Canadian dollars and the number of shares include the DRIPed shares acquired in February (where applicable).

Format will be as follows:

Name (TICKER) – # Shares – Price-per-share – Market Value

Here goes:

TFSA:
  • Enbridge Income Fund Holdings (ENF) – 63 – $28.04 – $1,766.52
  • Far Resources (FAT) – 13,520 – $0.53 – $7,165.60
  • Financial 15 (FTN) – 1,453 – $10.55 – $15,329.15
  • Park Lawn Corp (PLC) – 656 – $23.08 – $15,140.48
  • Saputo (SAP) – 59 – $40.67 – $2,399.53
  • Sienna Senior Living (SIA) – 95 – $17.51 – $1,663.45
  • Savaria (SIS) – 552 – $16.66 – $9.196.32
  • Telus (T) – 54 – $46.34 – $2,502.36
  • Total: $55,163.41
RRSP:
  • Enbridge Income Fund Holdings (ENF) – 53 – $28.04 – $1,612.67
  • Alimentation Couche-Tard (ATD.B) – 21 – $62.53 – $1,313.13
  • Financial 15 (FTN) – 2,874 – $10.55 – $30,320.70
  • Imagin Medical (IME) – 11,200 – $0.285 – $3,192.00
  • Metro (MRU) – 12 – $39.79 – $477.48
  • Realty Income Corp (O) – 44 – $61,99 – $2,727.63
  • Savaria (SIS) – 70 – $16.66 – $1,164.10
  • Omega Healthcare (OHI) – 144 – $33.12 – $4,769.19
  • Old Republic International (ORI) – 30 – $26.19 – $785.77
  • Unilever (UL) – 20 – $66.19 – $1,323.77
  • Dream Global REIT (DRG.UN) – 294 – $12.32 – $3,620.61
  • Total: $51,178.90

There’s no denying it, I need to diversify more. Currently a huge chunk of my RRSP is in FTN which is great in terms of making money with dividends. While I don’t intend on selling any FTN just yet, I will have to purchase elsewhere and dilute my FTN position.

Game Plan!

You know me, I love having objectives and checkpoints set up. It makes me feel more in control. I’m always tweaking things and constantly looking to optimize my portfolio so in the short-to-medium term, I plan on:

  1. Increasing my T, SIA, DRG.UN and SAP positions
  2. Re-initiating my Boralex (BLX) position. (see Master Plan)
  3. Increasing some of my US positions (UL, O)
  4. Initiating NEW US positions (DEO, PFE, ABBV, NRZ, MMM) to increase my diversification.
  5. Initiating a position in a dividend paying Emerging Markets ETF (such as VWO) to gain some much-needed exposure into the sector.
  6. Selling my smaller CDN RRSP positions (SIS, DRG.UN, MRU, ATD.B, ENF) and buying the exact same positions in my TFSA with new capital (when such capital becomes available) while allocating the free RRSP cash to US stocks (point No.4). This will most likely occur later on in 2018 or even early 2019.

So there you have it, a little snapshot of my portfolio. Let me know what you guys think about it and if you have any suggestions regarding it or regarding the Emerging Markets ETF particularly.

Cheers!

-DI

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This year is off to the races! Time for a fresh start and I’m feeling more determined than ever! Here are the dividends I’ve received in January 2018 from both of my investing accounts:

TFSA:
  • Financial 15 (FTN): $178.37
  • Savaria Corp (SIS): $16.56
  • Park Lawn Corp (PLC): $24.89
  • Enbridge Income Fund Holdings (ENF): $10.09
  • Sienna Senior Living (SIA): $2.85
RRSP:
  • Financial 15 (FTN): $352.84
  • Savaria Corp (SIS): $2.10
  • Enbridge Income Fund Holdings (ENF): $9.07
  • Dream Global REIT (DRG.UN): $18.00
  • Roger’s Sugar (RSI): $15.57
  • Old Republic (ORI): $36.80
  • Dollorama (DOL): $0.55

Total: $694.96

Last year, in January 2017, I had received a total of $576.47, which represents a YoY increase of 20.6% (see graph).

I still have a good $9,300+ if I want to reach my goal of $10,000 by the end of the year. Lots of time left. My current annual forward dividend yield is $8,257.05 so I will have to do some more contributing before I can actually reach my goal.

Sales:

RRSP:

  • Dollorama (DOL) – Entire position
  • Rogers Sugar (RSI) – Entire position
Purchases:

TFSA:

  • Sienna Senior Living (SIA) – 57 shares
  • Enbridge Income Holding Fund (ENF) – 4 shares

RRSP:

  • Dream Global REIT (DRG.UN) – 22 shares
  • Realty Income (O) – 27 shares
  • Unilever (UL) – 20 shares
  • Old Republic (ORI) – 30 shares
Dividend Raises:

I was lucky enough to get a 10.8% dividend raise from Metro (MRU) in January. This represents a small (even negligible) annual dividend change since my MRU position is very small. Nonetheless, I am happy!

Plan:

1- Continue to increase my diversity (US stocks) in my RRSP. I will try to make more contributions as the year goes by and add to my current UL, O, OHI positions. I will also try to initiate some new positions in Pfizer, 3M and New Residential.

2- The My Evil Master Plan is still underway. Patience is key, as looking at the day-to-day fluctuations is making me nauseous…. +20% here, -15% there… Jesus… Still waiting for the 3-bagger status.

3- Fortify some of my current TFSA positions such as SAP, SIA, T. And potentially initiate some new positions in companies like Highliner Foods, ZCL Composites, or Chorus Aviation (this is my current watchlist). I plan on initiating a DRG.UN position in my TFSA as well because I’ll be busy putting my money elsewhere in my RRSP (where my current DRG.UN sits) and feel like I should fortify this position as well.

What are your more short or medium term goals??

As always, thank you so much for reading these updates!

-DI

Please check out my Amazon StoreYoutube Channel and Twitter

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If might have read my previous post Evil Master Plan, where I plan to make a bunch of $$ on some penny stocks and reallocate the $ to more DGI stocks.

If not, let me break it down quickly.

In my TFSA, I’ve sold my 239 Shares of Boralex (BLX) to initiate a position in Far Resources (FAT) at $0.405/share. I had made a plan with the money I will (and already have!) generate from this investment.

The old plan went as follows:

  • Repurchase my 239 shares of Boralex (BLX)
  • Then distribute the profits as follows:
    • Sienna Senior Living (SIA): 50%
    • Dream Global REIT (DRG.UN): 30%
    • Saputo (SAP): 20%

The new plan is looking a little more like:

  • Repurchase my 239 shares of Boralex (BLX)
  • Then distribute the profits as follows:
    • Dream Global REIT (DRG.UN): 35%
    • Sienna Senior Living (SIA): 25%
    • Telus (T): 25%
    • ZCL Composites (ZCL): 15%

The reason is that I want to concentrate on significant DGI stocks in order to increase my yield. After all, this move into FAT aimed to boost my yearly dividends and help me reach my goal. The Saputo (SAP) position will be reinforced once the tax return kicks in.

How things are going so Far (<– see what I did there?)

Current price for FAT is at $0.91 which means I’m standing at 125% gain on my position.

I’m realistically expecting a 3-bagger, and hopefully even a 4-bagger.

The current price for BLX is at $23.37, which is slightly higher than when I sold.

At this point in time, if I were to sell my FAT position and allocate it as mentioned I would get (I’ll round out the numbers to make it easier to read):

  • Selling 13,520 FAT shares = $12,300
  • Buying:
    • 239 BLX shares = $5,600 cost = $143 annual dividends
    • 195 DRG.UN shares = $2,345 cost = $156 annual dividends
    • 35 T shares = $1,675 cost = $71 annual dividends
    • 91 SIA shares = $1,675 cost = $82 annual dividends
    • 91 ZCL shares = $1,000 cost = $43 annual dividends

Total increase in annual dividends with new plan

  • Current situation: $495
  • 3-bagger situation: $711
  • 4-bagger situation: $999 (*drools*)
Even more Tweaking

Only fools don’t change their minds. The biggest change in the plan happens in my RRSP with my IME position.

I’ve bought 11,200 shares of Imagin Medical (IME) at $0.19. This is going to be a slower play and represents a smaller overall position than FAT. Human trial have just begun and results are expected in the next 3-4 months. I’m inclined to hold this stock longer than a few months if I have too. It currently trades at $0.235, so I’m standing at 24% gain.

I didn’t sell anything to initiate this position so nothing to repurchase.

My old plan was as follows:

  • Metro Inc (MRU): 30%
  • Alimentation Couche-Tard (ATD.B): 40%
  • Rogers Sugar Corp (RSI): 30%

I’ve since then realized the massive brain fart I was having when writing this… it’s my RRSP! My goal this year within my RRSP is to increase diversification, particularly in US stocks.

I came up with a loose idea of what amounts $ I would like to inject (medium to long-term) into some core US positions:

  • New Residential (NRZ) : $7,000
  • Armanino Foods (AMNF) : $5,000
  • Pfizer (PFE) : $5,000
  • Apple (AAPL) : $5,000
  • Unilever (UL) : $10,000
  • Proctor & Gamble (PG) : $15,000

Obviously I will need a lot more than a year to complete these positions, but might as well get them started with my IME profits down the line.

So here’s the new plan for my RRSP/IME position:

  • 50% New Residential (NRZ)
  • 50% Armanino Foods (AMNF)

The reason for selecting these two is their attractive yields and the fact that in my opinion, AMNF represents a very interesting value play as well.

Total increase in annual dividends with new plan

  • 2-bagger situation: $305
  • 3-bagger situation: $457
  • 4-bagger situation: $610
Let’s dream a bit

(As if I haven’t been doing that already…)

Let’s say everything magically falls into place with 4-baggers occurring in both situations. This would mean an additional $1,609 in forward annual dividends, without having to contribute a single penny to my portfolios. What a sight. What about 5-baggers!??! Let’s not get too crazy now…

Let me know if you would do anything differently!

Am I over-planning?

-DI


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What a year 2017 was, and 2018 is starting off no different. I’ve decided to track my extra income every 2 months instead of monthly since the posts aren’t extremely eventful. Most of my income sources still don’t generate revenue on a regular basis. Plus, only 3 of them actually have to potential to really GENERATE revenue, these are my YouTube Channel, my Blog, and my Amazon Affiliate Links. The 2 others only return part of my spending to me in the form of Cash Back, through my MBNA Credit Card or Ebates.

With that said, let’s take a look at the last 2 months of 2017!

Cash Back:
  • November:
    • MBNA Rewards World Elite Mastercard: $100.00
    • Ebates.ca: $0.00
  • December:
    • MBNA Rewards World Elite Mastercard: $50.00
    • Ebates.ca: $0.00

MY CC has been putting out a pretty regular return. I’ve managed to get $343.00 in the 4 months that I’ve owned it, which is on track to roughly $1,000 yearly. Of course, this is bittersweet because the more I get, the more I spent… But I have to admit to being relatively disciplined recently, even with the Holiday season.

As for the Ebates return, I’ve only received one check so far. The reason being that they only pay quarterly. My Cash Back balance has been increasing progressively though. So far, the next check will give me $16.89. I did change the way I do things now, my wife and I order more household items on amazon.ca. Mostly things we don’t want to carry back from the store – either too large or heavy – and get it delivered right to our door for free. Things like shampoo, garbage bags, laundry detergent, paper towels, etc. That way, we can Triple Dip: Lower Amazon prices + Ebates + cash back from CC. Win win win. You can have a look at the different products I regularly order here.

Social Media Income:
  • November:
    • Youtube (Adsense) Revenue: $186.67
    • Amazon.com Affiliate Links: $0.00
    • Blog (Adwords) Revenue: $0.00
  • December:
    • Youtube (Adsense) Revenue: $186.13
    • Amazon.com Affiliate Links: $0.00
    • Blog (Adwords) Revenue: $0.00

My Youtube revenue is once again steady as a rock. God, I really have to make the time for more videos. You know how it is, holidays, laziness, business, etc. I really think this is something I could push a little more and potentially see the revenue get closer to $300. This channel is only 1-year-old ans has only been generating a revenue since April. I did manage to see a nice $1,643.85 in revenue in 2017. Sweet!   Channel

In terms of Affiliate Links, a very small amount of revenue was generate but I have yet to reach the threshold for another payment. Most likely a direct effect of my YouTube slacking. Ah well.

The Blog is showing continued signs of financial life. It has generated about $2 a month in the past 2 months but obviously hasn’t been returned to me because it hasn’t reached payment threshold. (NOTE: Making money from this blog is not a goal of mine) It’s costing me more than I will probably ever make with it, and that’s fine. The primary goal for this blog was to monitor my progress and publicly document my strategies in order to be held accountable and stop being impulsive. The net effect has been of the sorts:

  • Impulsive thought:  Man I should sell everything and buy a Lithium Mine penny stock and try to double my $$ in a short amount of time.
  • Blog Effect: How the hell could I logically back this up and explain this to other people? What would the comments on a post like that look like? How could I justify this as a smart move?
  • Sane action: Better be reasonable and if I’m going to do this intelligently I’d better take a small portion of my investments to try it, while keeping the rest safely tucked away in my trusted stocks. See My Evil Master Plan.

My young brain still gets a little crazy/impatient sometimes. With the Blog, I can dodge some bullets. That’s the real revenue I get from it.

Conclusion

Before 2017, my only source of revenue was my job.

So many things have happened this year – I’ve become a Blogger, YouTuber and… Twitter-er? Tweeter? Twit? – setting the stage for a very interesting 2018!

Thanks so much for reading my posts and for being a part of this adventure. I love reading your posts as well guys, this community is extremely resourceful and inspiring. Together we can contribute to each of our successes and push ourselves to strive for a better financial situation!

Cheers!!

-DI

Don’t forget to check out my latest Dividend UpdateYoutube Channel, Amazon Store and Twitter


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As you have probably seen In my latest post, my dividend goal was ALMOST met. Enough so, I consider 2017 a huge success. This year marks the fifth year I’ve spent investing. Learning many things along the way, making mistakes and having some success, I can definitely say that investing was the best decision I have ever made.

*Definitions: Contributions will be defined as any amount of money that comes from outside these accounts and is deposited INTO these accounts. Transfers from one account to another will be disregarded as these are intra-portfolio and don’t affect the overall growth or value. Growth % will be defined as (Dividend Growth + Value Growth) / (Initial Portfolio Value + Contributions).*

Let’s round-up this half-decade and see exactly what 2017 brought me. If you want to have a look at my 2013-2016 Report, you can find it here.

2017 Report
  • Initial Portfolio Value (Dec 31st 2016): $65,384.12
  • Contributions: $13,095.00
  • Dividend Growth: $7,779.16
  • Value Growth: $18,346.34
  • Final Portfolio Value (Dec 31st 2017): $104,604.62
  • 2017 Growth: 33.3%

During 2017, I decided to open my first ever RRSP (401k equivalent). I’ve managed to make some significant contributions and saw some serious dividend growth! I know 2017 was a good year all around market-wise and personally, it represents my 2nd best year in terms of performance. Second only to 2016, which saw >50% growth.

Considering the huge growth seen it 2017, it was relatively uneventful in terms of sales. The highlights for sales would have to be TSLA (sold at +25%), PIP (sold at +60% including special dividend), and WEED (sold at +94%). I did sell CNZ at a loss for a small sum at -50%. Strong positions that I still hold include FTN (+18% with dividends), SIS (+55%), PLC (+37%), FAT (+100%), DOL (+23%), DRG.UN (+11%), ATD.B (+11%), T (+11%), IME (+21%). The only weak stocks I currently hold are ENF (-10.5%), RSI (-5%), MRU (-5%), OHI (-5%).

I did focus a lot on acquisitions, doing many deep dives into the company’s balance sheets and much DD. I sold about 20% of my shares in FTN (current Yield on Cost of 17.3%!) in order to increase my diversification. I took advantage of a 5% increase in FTN share price for this sale, which made it slightly less heart-breaking. This made the last 2 months of 2017 suffer slightly in terms of dividends, but this is a short-term sacrifice for a long-term gain.

Lessons: A wave of wisdom washed over me in 2016, and it obviously carried over to 2017. I believe I was able to better identify many strong long-term plays and will keep adding to them as prices dip through the years. I learned that I was more risk tolerant than I thought, making a few high-risk value plays at the end of the year that seem to be paying off. These high risk plays are something I might further explore in 2018, in parallel with my dividend goals. Strong value plays now could dramatically improve my long-term dividend growth performance.

Penny Stocks Update: My FAT position increased by 100%, from $0.405 to $0.81 in just over 2 months. My other stock, IME is up from $0.19 to $0.23 in roughly the same time, a 21% increase. Results from the first human trial are expected within 3-4 months for IME, which should be a huge catalyst. To be continued…

The First 5 Years

In summary, here is my performance for the 5 first years as an investor.

  • Initial Portfolio Value (Dec 31st 2012): $0
  • Contributions: $56,695.27
  • Dividend Growth: $13,568.31
  • Value Growth: $34,341.04
  • Final Portfolio Value (Dec 31st 2017): $104,604.62
  • 2013-2017 Growth: 84.5%

Not bad! I’ve nearly doubled every $ I’ve contributed to date. Let’s make this a goal for next year.

Conclusion

That’s a lovely graph if I’ve ever seen one! Surpassing 100k feels amazing and I can’t wait to hit 250k, 500k, and eventually 1M. What a journey it has been so far, rich in knowledge, lessons, hope, excitement, even deceptions.

Thank you all for taking the time to read and for your implication in my financial adventures, either directly or indirectly.

Cheers,

-DI

Please check out my Amazon StoreYoutube Channel and Twitter


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Before diving in I’d like to extend my warmest of wishes to all you guys and to all your families. I hope the holiday season was enjoyable and relaxing for all. As mentioned in my last update, receiving $840 during this last month was my only chance at reaching my $8,000 dividend goal. Let’s see if I made it! Here are the dividends I’ve received in December 2017 from both of my investing accounts:

TFSA:
  • Financial 15 (FTN): $176.23
  • Savaria Corp (SIS): $16.56
  • Park Lawn Corp (PLC): $24.85
  • Enbridge Income Fund Holdings (ENF): $10.09
  • Sienna Senior Living (SIA): $2.85
  • Saputo (SAP): $9.44
RRSP:
  • Financial 15 (FTN): $348.57
  • Savaria Corp (SIS): $2.10
  • Enbridge Income Fund Holdings (ENF): $9.07
  • Dream Global REIT (DRG.UN): $17.93
  • Alimentation Couche-Tard (ATD.B): $1.89

Total: $619.58

Last year, in December 2016, I had received a total of $627.52, which represents a YoY decrease of 1.3% (see graph).

I’m up to $7,779.16 in dividend income alone for 2017 (see graph). Although I haven’t officially met my goal of $8,000, I’m satisfied in knowing that I reached 97.2% of it. Seeing the yearly dividend income grow so fast is very pleasing. In 2016, I was able to generate $4,777.95 in dividends and 2017 represents a 62.8% increase over 2016. 

Plan:

1- My 2018 dividend goal will remain the same at $10,000, which represents $1.14/hour during the whole year (or $27 per day). Check out my Goals Page.

2- I’m currently doing some value plays (FAT and IME) and will update you on their performance in the coming 2017 Yearly Report. The capital generated from these will be distributed according to My Evil Master Plan. Although, there might be a slight variation in the plan when it comes to the IME part, which is in my RRSP. I plan to increase my exposure to US stocks in 2018. Current prospects include AAPL, UL, JNJ, ABBV, AMNF, O, PFE. More DD will be done when purchasing time comes. To be continued…

3- 2018 will be filled with costly transitions (house, moving, baby?) and I will inevitably be a little tighter in terms of contributions for investments in my TFSA or RRSP. Therefore, I would like to try to generate some capital in a non tax-sheltered account with some more value plays in order to increase my contributions to said accounts. More to come in my Yearly Report for 2017.

Thank You All!

Lastly, I would like to extend my gratitude for the investing community here on the Blog as well as on Facebook, YouTube, and Twitter. Your comment, suggestions, questions, and general interest have rendered this young blog (about 6 months old) very dear to me. I started blogging as a way to keep myself accountable for my investments but the more I write, the more I realize that I truly enjoy sharing my journey with you all. Thank you.

Sincerely,

-DI

Please check out my Amazon StoreYoutube Channel and Twitter


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First of all, I hope everyone will enjoy the most beautiful holiday season filled with quality time with the loved ones! Take some time to relax as well, this holiday can easily become tiresome.

I’m the kind of guy that likes to make a lot of graphs/tables and keep tabs on how my performance is holding up to past years. I present to you my performance since I started investing. We’ll take a look at the reports for 2013-2016, this will serve as a reference point for later reports. You can expect my 2017 report early January.

It wasn’t until 2017 that I opened my RRSP and started making transfers from my TFSA to RRSP. The two accounts will be considered as one. It would serve no additional purpose to divide them (I’m telling you this mostly for the 2017 upcoming report.

Definitions: Contributions will be defined as any amount of money that comes from outside these accounts and is deposited INTO these accounts. Transfers from one account to another will be disregarded as these are intra-portfolio and don’t affect the overall growth or value. Growth % will be defined as (Dividend Growth + Value Growth) / (Initial Portfolio Value + Contributions). Here we go.

2013 Report
  • Initial Portfolio Value (Dec 31st 2012): $0
  • Contributions: $7,000.00
  • Dividend Growth: $12.43
  • Value Growth: $1,494.98
  • Final Portfolio Value (Dec 31st 2013): $8,507.41
  • 2013 Growth: 21.5%

When I started investing I put all my money into 5 Mutual Funds (MF) with low Management Expense Ratios (MER) from TD. These were generic US, Canada, Healthcare, International and Money Market. I had a system where once a month I would rebalance if need be.

Highlight: I made a few stock plays later (TKMR and AAPL) in the year. Both of these averaged me a 38% return but the amount was small. They gave me a taste for stocks though. My MF technique was fairly fool-proof and quite secure. I think I will revert to this later on in my life where security will be a priority.

Lesson: I really like investing and the more money I invest, the more I will generate. My new mentality going forward would be to make money more efficiently in Stocks and put profits into my safer MFs while reinvesting profits into more stocks.

2014 Report
  • Initial Portfolio Value (Dec 31st 2013): $8,507.41
  • Contributions: $10,505.75
  • Dividend Growth: $78.30
  • Value Growth: $3,130.36
  • Final Portfolio Value (Dec 31st 2014): $22,221.82
  • 2014 Growth: 16.8%

This was the first year I invested more in Stocks than in MFs.

Highlights included GILD (+45%) and VTNR (+29%). This is also the first year I invested in FTN which traded sideways for 2014 but did give me the $78.30 in dividends. Losses included OCRX, SPPI, SNTA and PDLI.

Lesson: I need to better identify my stocks and avoid the anchors that kept me down. My MFs performed as usual (around +15%) and while being quite pleased with this, I can help feeling I could have made more with careful stock selection.

2015 Report
  • Initial Portfolio Value (Dec 31st 2014): $22,221.82
  • Contributions: $11,145.00
  • Dividend Growth: $920.47
  • Value Growth: $-6,344.21 (AAAHH!!!)
  • Final Portfolio Value (Dec 31st 2015): $27,943.08
  • 2015 Growth: -16.3%

Way to beat the market on that one chump…

Highlights in this year included mostly losses as you see. These were AC (-34%), CHR.B (-10%) and CTCM (-50%). The small profits were mostly made on GILD, FTN and GE.

Lesson: The stock market has 2 directions. At first I thought ‘I should sell my weak positions sooner’ but then I remembered my 2014 mentality and realized that careful stock selection, based on fundamentals would correct this. ‘When my stocks drop, I should want to buy them, not sell’. If you worry when the price drops, it means you don’t (or no longer) believe in the fundamentals. Carefully picking stocks for long-term targets should make price drops as attractive as price rises.

2016 Report
  • Initial Portfolio Value (Dec 31st 2015): $27,943.08
  • Contributions: $14,950.00
  • Dividend Growth: $4,777.95
  • Value Growth: $17,713.06
  • Final Portfolio Value (Dec 31st 2016): $65,384.09
  • 2016 Growth: 52.4%

Ok. That will be hard to beat… This was the first year I invested ONLY in stocks. I took everything out of MFs and made strategic stocks purchases. I really kicked it into gear in 2016.

The highlight is definitely my FFN play (If you follow my blog, it’s pretty much the equivalent of FTN) I bought at around $6.70 per share and it rapidly climbed at the end of the year to >$8.50 making me a smooth >$14k. While holding I also benefited from a >20% yield… I also made some quick $ on Core Civic Inc (CXW), a private prison company in the US (thanks Trump). Small losses include ZAR, NWBO and ABT.

Lesson: I’ve since then calmed down a little bit on the value plays and concentrated on dividend payers as these tend to be more secure. I was really put off by looking at the amount of $ in losses as well. The careful stock selection still needs work, but is getting better.

Conclusion

There you have it. This is how I got where I am now and have definitely learned a lot from these 4 years. I hope you enjoyed these reports and hope you can benefit for the lessons without having to go through the same mistakes as me.

I will publish a yearly Report to see how I have performed and what my Highlights and Lessons are. Feel free to follow along the journey!

Happy Holidays!

Cheers,

-DI

Please check out my Amazon StoreYoutube Channel and Twitter


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Another one bites the dust! I’ve been making a lot of changes in the past months so let’s see exactly how that affected my dividend performance. Here are the dividends I’ve received in November 2017 from both of my investing accounts:

TFSA:

  • Financial 15 (FTN): $174.22
  • Savaria Corp (SIS): $16.56
  • Park Lawn Corp (PLC): $20.03
  • Enbridge Income Fund Holdings (ENF): $10.09
  • Sienna Senior Living Corp (SIA): $2.85

RRSP:

  • Financial 15 (FTN): $406.51
  • Savaria Corp (SIS): $2.10
  • Dollorama Inc (DOL): $0.55
  • Enbridge Income Fund Holdings (ENF): $9.07
  • Dream Global REIT (DRG.UN): $17.87
  • Metro Inc (MRU): $1.95

Total: $661.80

Last year, in November 2016, I had received a total of $670.78, which represents a YoY decrease of 1.3% (see graph). All in all fairly steady. This is the first month to not see a YoY increase in 2017. Let’s hope it stays that way…

I’m up to $7,159.58 for the YEAR (see graph). So, I have $840.42 left to go if I want to reach my 2017 goal of $8,000. With only December left, I think I will fall short by less than $200 meaning I will have reached at least 97.5% of my goal. Shaping up to be a successful year in my opinion.

Plan:

1- The value plays I have been doing will serve to increase the dividend stocks and boost my 2018 income. My goal remains $10,000 for 2018 and If I use my actual portfolio and project it 12 months forward, I should get about $8,200 excluding any compounding, new contributions (such as the ones that will come from the said value plays), and the BLX shares that I will repurchase.

2- The next few months will be focused mainly on balancing my portfolio, particularly the smaller Canadian positions in my TFSA.

3- For my RRSP, the goal will be to increase my exposure to US stocks. Preferably blue chip stocks and preferably before the Canadian dollar drops too much.

Let’s see those numbers!

Cheers,

-DI

Don’t forget to check out my Youtube Channel and Twitter


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The Dividend Investor Blog by Dividend Investor - 3M ago

Earning season is coming to an end and my stocks seem to be steady as rocks! Also, my evil master plan is slowly but surely taking place. I’ll take you through what I’m thinking exactly.

My Setup

If you haven’t noticed, my portfolio is mostly dividend paying stocks. There is, however, a small part of my portfolio allocated specifically to wealth generation, strictly value plays. What I want to do with this is increase my portfolio value and then use this capital to maximize the bottom layer of my dividend pyramid. I still consider myself a young investor (I’m not even 30 after all) and the more I have in my portfolio now, the more it will amplify over time. My current portfolio’s value is nearing the $100k mark. Let’s pretend I manage to increase my portfolio by 30% to $130K over night, and that in 25-30 years, it’s worth 50x more. That small $30K difference now represents a $1.5M difference… Not too bad!

Current Penny Stocks

I’ve recently made a few trades and turned things slightly up side down. In the last post I talked about some penny stocks I have invested in. Here’s how they are doing:

  • Imagin (IME): Pretty much trading sideways. Bought at $0.190 and now trading at $0.195. Some up days, some down days. I’ll be very patient with this one.
  • Far Resources (FAT): Bought at $0.405 and progressively creeping up for about a month, now trading at $0.50. So up almost 25% in about 1 month.

Keep in my I had sold 239 shares (my entire position) in Boralex Inc (BLX) to cover the FAT purchase. A debt I will repay…

Game Plan

So here’s my plan for the money I will (just watch me!!) generate from FAT specifically.

  1. Repurchase 239 shares of BLX
  2. Take the leftovers and divide as such:
    1. Sienna Senior Living (SIA): 50%
    2. Dream Global REIT (DRG.UN): 30%
    3. Saputo (SAP): 20%

The goal here is to take advantage of this new capital to bring some balance to my portfolio and strengthen some of my weaker positions. The average yield (at current prices) of this distribution (excluding the BLX shares, which are constant throughout the scenarios) is 5.37%. So, let’s say FAT turns out to be a 2-bagger, it would give me an extra  $294.04 in annual dividends. A 3-bagger and 4-bagger situation would give me $588.08 and $882.12 in extra annual dividends, respectively.

And here’s my plan for the money I will generate from IME (I make it sound like it’s a sure thing don’t I? Let me have my moment, please!):

  1. Metro Inc (MRU): 30%
  2. Alimentation Couche-Tard (ATD.B): 40%
  3. Rogers Sugar Corp (RSI): 30%

The average yield from this distribution (at current prices) is 2.597%. Here’s the extra annual dividend income provided by various scenarios:

  • 2-bagger: $55.27
  • 3-bagger: $110.53
  • 4-bagger: $165.79
  • 5-bagger: $221.06

As you can see here, scenarios vary from overly optimistic to ridiculously optimistic. But I have done my DD and I am confident that a 3-bagger situation from both of these stocks is very realistic, both within a 4-5 months timeframe.

Non-Penny Stocks

The only other VALUE PLAY stock I was holding (up until very recently), was Canopy Growth Corp (WEED). I had bough it initially at $10.41 and decided to sell at $20.20 (making a 94% profit) based on the fact that valuation seemed to be slightly inflated. I don’t doubt for one second that this stock will continue to perform well but I would rather not be greedy and move on to other things for the time being. It’s not impossible that in the upcoming year I revisit this one, depending on price and overall sector health.

I’ve distributed the profits as such:

  1. Park Lawn Corp (PLC): 50%
  2. Saputo (SAP): 50%

This will bring me an extra $86.87 in annual dividends. After having sold WEED, the price dropped slightly, it currently trades in the mid $18’s, BOOYA!

Conclusion

There you have it. A quick tour of what’s going on inside my head at the moment. This is all part of a larger plan, to reduce the discrepancy between my FTN position and other stocks and will serve as a good way to create a thick cushion for purely dividend growth plays.

My only 2 current value plays are both penny stocks, IME and FAT.

Notice that I don’t plan on having any money leftover after allocating all of it. This is because of the new year approaching and the coming contribution room increases. New contributions will serve as fuel for more value plays, depending on opportunities at the time.

I’ll keep you guys posted on the progress of said plan!

Cheers!

-DI

Don’t forget to check out my latest Dividend UpdateYoutube Channel and Twitter


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