Dividend Digger

Compound interest is the eighth wonder of the world. He who understands it, earns it . He who doesn't, pays it.

Category: Recent Buy/Sell (page 1 of 2)

The Next Phase, Recent Buy, & Asset Assessment January 2016

Hey everyone, I hope the New Year has been treating you well. I know we are only about a month into it but oh my do I ever feel as though the priorities of my life changed so much. I will always make Financial Independence one of my main focuses, but I’ve been thinking about this for a while now and I have decided to make real estate and home ownership another big priority.

Continue reading

Recent Buy

With the cost of oil being so low and our Canadian dollar so stagnant, it’s pretty evident that Canada is feeling the pains of a suffering economy. My portfolio being mainly consisted of companies from the TSX is also taking a hit. Its times like these I can see why many people are cashing out and taking their money back even at a loss due to their fears that the future will be looking worse before it gets any better.  Whether that may or may not be the case, I choose to stay stoic throughout all the fluctuations with our weak dollar, weak oil and changing policies with our new government. Even wanting to keep putting money into a declining market is hard to stomach as well, but I believe that is the attitude one must have if they want to fully reap the benefits of investing, especially while you are young and have time on your side. With all that being said, I definitely couldn’t pass up some opportunities to add more companies to my income producing funds.

Continue reading

Recent Buy

So we have all heard that stocks like proctor and gamble and Johnson & Johnson are extremely dependable to perform even during the darkest time of the markets, and the reason for that is simple, they offer services that people need in order to live (well technically not, but would you go the rest of your life without toilet paper or tooth paste? Haha). Regardless of whether you are low income earner, middle income earner, high income earner, or even the “elite” 1% you are still going to be needing these simple essentials which these fantastic companies produce. Continue reading

July 2015 Asset Assessment/Recent Buy

Summer so far has been pretty amazing. This summer in particular I managed to spend more time around home and camping in the great north. This lifestyle of minimalism has really helped me enjoy this summer more. Not to mention keeping busy with working and all my outdoor activities sure has kept my mind off these poorly performing Markets, so it Is less likely to let my emotions get the better of me in these times of “discount prices”.

Continue reading

Recent Buy

Well with the TFSA contribution room going up to $10,000 I took advantage of new changes with CRA and finally maximized this account. Seeing as how this account was already maxed out before I found out about the increase in contribution room, I was able to deploy approximately $4,500 into a tax sheltered account thereby allowing my freedom fund to compound tax free. With that being said, the company that I purchased adds another utility to my team of passive income earners.

Continue reading

Recent Buy

So I like to consider myself as a pretty brutal boss, I tend to make all my employees work day and night every day, with no days off. So with that being said, I will be damned if any amount of capital I have is not doing any work and free loading their stay in my accounts. I am pretty sure I didn’t make any new purchases towards my freedom fund during the month of April, so I figure today was a good day to make some transactions happen. This solid dividend growth stock has been on my radar for quite some time now,  and I feel as though I am ready to take the plunge and add this company to my team.

Continue reading

Recent Buy

While February proved to be a month where I caved into the temptations of instant gratification, March is proving itself to be a pretty good month. Especially when it came to reaping the benefits of aggressively channeling money into my RRSP. Prior to when I started pursuing a greater wealth, maxing out my registered accounts was never a priority. What a shame I wasted several years I could have used to compound my dividends, oh well better late than never I suppose. So needless to say I have accumulated quite a bit of excess contribution room into my RSSP. So much that I was able to contribute over $39k in 2014, and still have nearly another $30k more for this year alone. Due to having a contribution that high into my RRSP, I received a hefty tax return of approximately $16,500. With that being said the smartest move I could make was to put that back into my RRSP.  So with the extra influx of cash I was able start a position in a company I have been eyeing for the last year.

Continue reading

Recent Buy

This is a little bit of a delayed post so I do apologize guys. This is a company I have been wanting to own for quite some time now and I was just waiting for a good time to pull the trigger, and with recent market events I figure I purchased this solid dividend growth company at a good price. Not only that but this purchase also brings me one step closer to a goal that I have wanted to reach since starting my dividend growth investing journey, which is initiating a DRIP with all the big 6 Canadian Banks.

Continue reading

Recent Buy

Looking at my portfolio I do realize that I am quite heavily invested with the Canadian banks. So I figure now I would like to branch out and add some diversity to my portfolio.  The company that I would like to introduce to my family of passive income generators is Power Financial Corporation (PWF.TO).

pwf-logo Continue reading

Recent Buy

Well what better way is there to give yourself an early Christmas present than to go and buy some high quality dividend growth stocks? For the time being my strategy is very simple. Buy, hold, and DRIP dividends from companies I believe will stand the test of time. Once I have built a solid foundation of solids companies to propel my portfolio with continuous and consistent growth, maybe then I will reevaluate my strategy. But until that happens I will keep playing it safe. With that being said, the company I purchased has been paying dividends for more than 180 consecutive years.

Continue reading

Older posts

© 2017 Dividend Digger

Theme by Anders NorenUp ↑