Portfolio

14 comments:

  1. Nice portfolio here. Also considering you started recently, you are doing extremely well.

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    1. Thanks for the words of encouragement. I am quite pleased with the results of my strategy and hope my sucess will continue. Take care.

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  2. Great portfolio, I like how you break down your analysis on each stock.

    Do you have a rule of thumb of buying more stocks that you own already if they are below your cost basis?

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    1. Thanks Richie.

      Most of the time, I try to buy undervalued shares based on my very simple analysis. And yes, I like to average down. I did it again yesterday with HCP.

      Thanks for stopping by.

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  3. Nice portfolio...looks like you are well diversified. Even though you have 33% in consumer staples, that isn't necessary a bad thing as that sector isn't as volatile as others.

    Wish you continued success growing those dividend payouts!

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    1. Thanks! These days, I am focusing on increasing my exposure to American and European companies as there aren't many multi-national companies in Canada. When I started building my portfolio back in 2008 and 2009, I focused on consumer staples because of stability - being a novice at the time, I was somewhat afraid of other sectors. And because of share price appreciation over the past 5-6 years, this sector now represents a big chunk of my portfolio.

      Take care.

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  4. Thanks for sharing. Why are you holding so much cash? 24% seems like a huge cash drag. Are you bearish? Also, while European stocks are still ok, Canadian and American stocks are not offering much value right now. EM stocks are the best of the bunch, but you don't seem to have any in your portfolio.

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    1. Hi Difu,

      I hold a lot of cash so I can buy shares when prices drop. Very recently I did just that with IBM, UL, VOD, CMI, SU, ETN and more.

      I don't own specific EM stocks, but I do own shares of companies that are present in EMs. These include AGCO, CVS, SAP.TO, UL and VOD.

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  5. Great portfolio. $8,500 a year is exceptional. At your current rate i have no doubts you will hit your goal of $80,000 in dividends by 55. Best of luck to you.

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    1. Thanks DD.

      It won't be easy to get to $80,000, but with new capital and dividend growth, I believe that I can reach my goal.

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  6. Great looking portfolio. I wish I had just half of those picks that are up over 100%. Pretty sweet right there! Up over $10,000 in dividends per year is pretty sweet! Your goal of $80,000 is very optimistic but I believe you can make it. At just half that goal, I'd be on the brink of retirement.

    $40,000 is good enough for me right now as long as the house is paid off.

    Keep up the great work!

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    1. Thanks!

      My dividend income hasn't grown as fast as I would have liked because my wife has been at home for the past two years. When she starts working again, we should be able to invest an additional $50,000 to $60,000 of new capital per year.

      In combination with my current portfolio, if I invest $50,000 of new capital a year for the next 18 years, at an average dividend yield of 3.5%, and if dividend growth averages 5% per year, my total dividend income will be $69,300. I might not reach $80,000 at 55, but I won't be far behind.

      You probably noticed I keep a lot of cash on hand and that's to take advantage of market downturns. Because the price you pay for a stock has a huge impact on future returns - and I've come to realise that many investors overlook this.

      Good luck!

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  7. Hi, just want to ask which google spreadsheet line did you use for your Div./Year column?

    Thanks

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  8. This is a very interesting web page and I have enjoyed reading many of the articles and posts about dividend stocks, keep up the good work and hope to read some more interesting content in the future. Absolutely this article is incredible. And it is so beautiful.

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