Welcome back to another installment of my dividend portfolio investing updates. Let's jump right in!
My recent stock sells were: 5 Canadian Western Bank, 5 Power Corporation of Canada, 10 Slate Retail REIT, 10 Feira Capital Corporation, and 5 TD Canada Trust Bank. These sells were to move money around and diversify the various sectors I invest in more. My buys were 7 Suncor Energy, 10 Riocan Real Estate Trust, 10 Manulife Financial Corporation, 20 Fidelity Intel Hi Dividend Index ETF, 15 iShares Global Monthly Dividend Index ETF, Fidelity Canadian High Dividend Index ETF, 10 Bank of Nova Scotia, 5 National Bank of Canada, and 5 Royal Bank of Canada. These buys were mostly based on price opportunity and focused mainly on acquiring more ETFs to lower my risk exposure and diversify my banking investments. I also have made some of these buys on a new exchange I’m using called QuestTrade. It has $5 trade fees instead of $10 which is what I pay with my bank, so it will be great to test out another exchange and diversify where I invest a little bit as well. I am also investing in growth stocks a bit on WealthSimple and will start to invest in dividend stocks there fairly soon.
As it stands, I am currently making about $118 a month from passive income. This is about $9 more than last month. I’ve deposited about $1,050 since the last video in my stock trading accounts. I have started to do a little bit of growth stock investing in lithium and I’ve also been acquiring gold and silver as well.
Now that I’ve been lending a bit, I can report that it’s going smoothly, and I earned a whopping $5.45 USD worth of crypto during September from lending which is great given the small principle I put in. This will continue to compound and earn me more.
About $814 of yearly profits are coming from stock investments, about $296 is coming from cryptocurrency passive income, $133 is coming from crypto tokenized real estate, and $143 from music royalties. My portfolio is up from $18,491 on September 13th to $19,608 now.
I invested a little over $1,050 and earned $70.15 CAD from stock dividends, about $7.21 USD from crypto real estate, and $44.09 CAD from crypto lending & staking the past month. In total, I have earned $179.50 CAD from crypto and over $262.70 CAD from stock dividends.
For crypto, I made dramatic changes to my portfolio in the last update but going forward I plan to double down on what has been performing well. Currently, BTMX and Algorand continue to be my best performers bringing me more than 50% of my crypto passive income.
How are you investing? Was this helpful? Let me know in the comments below!
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