I managed to buy some more ETF’s but really haven’t had the time to research more dividend producing stocks or more ETFs to plunk my money in. I noticed that my portfolio dipped a bit (by about 2%) since I checked last month. I did manage to increase my annual dividend income by another $100 this month (looking forward annually) through buying more dividend ETFs.
I bought more CYH and CPD. The ETFs in my portfolio work out to be almost 20% of my portfolio.
I would like to increase my exposure in my portfolio to utilities. I currently only have Fortis (tried, true, and trusted) and Just Energy (not so trusted, one of the dogs in my portfolio) and both of these comprise almost 12% of my TFSA portfolio.
I may also consider adding a REIT as well. Which REIT is your favourite? I am wary that they seem a bit overpriced at the present moment.
I am heavily weighted in financials (BMO and Sunlife) and some of the ETFs are financial heavy so won’t need to add more of that going forward.
Hopefully during my school break I will get a chance to look more closely at what equities or ETFs to purchase.