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.

April dividend update

 

 


Want More Tips On How to Earn, Save, Live?

Just say the word, and we'll deliver our weekly update straight to your inbox.  You'll also get access to our FREE eBooks on ETF Investing and Buying a House in Canada, as well as special offers exclusive to Young and Thrifty readers.

You have Successfully Subscribed!

Pin It on Pinterest