Hello investors! Welcome to another edition of Money While You Sleep. The weather has been absolutely beautiful and we continue to soak it all up while we can. At the same time the company I work for went into another crazy shutdown season at multiple Oil, Gas and Chemical plants. Before i get into the portfolio here’s a few things we have been up to:
- My brother purchased his very first home.
- Celebrated multiple birthdays including our cousin Nico and our friend Joanna.
- Some beach fun
Portfolio details:
Like July there was not much action in the portfolio, really just letting the portfolio collect cash from dividends and DRIP the others away. Just working on creating additional cash before deploying.
Here’s a breakdown of allocation:
August breakdown 80.6% Blue Chip, 17.1% Growth and 2.3% Cash
July breakdown 78% Blue Chip, 18.4% Growth and 3.6% Cash
June breakdown 81.4% Blue Chip, 16.5% Growth and 2.1% Cash
May breakdown 79.6% Blue Chip, 18.4% Growth and 2% Cash
Sold:
No sells
Bought:
No buys
Dividend increases and decreases
- None this month
2016 – 2022 Dividends
Dividends received were $351.98. This is a year over year increase of 73.5%. We had set out our annual goal of $5,000 for 2022, based on new funds and the amount of increases so far in 2022 we should have no issue achieving this! Chart below shows YTD dividends. Currently 66% to $5,000 with 4 months to go.
Dividends received
| Stock List | Dividend | Drip | Account |
| FRU.TO | $9.36 | No | TFSA 1 |
| PLZ.UN | $10.97 | Yes, 2 shares | TFSA 1 |
| NPI.TO | $14.10 | No | TFSA 1 |
| SIS.TO | $5.63 | No | TFSA 1 |
| EIF.TO | $7.20 | No | TFSA 1 |
| CNQ.TO | $120.00 Special payout | No | TFSA 2 |
| RY.TO | $38.40 | No | TFSA 1 |
| BMO.TO | $70.89 | No | TFSA 1 |
| ENGH.TO | $4.63 | No | TFSA 1 |
| T | $22.20 US | No | RRSP |
| APD | $48.60 US | No | RESP |
| Total: | $351.98 |
Market
In August we the markets come back to reality with so much uncertainty out there I don’t think we will be seeing stocks go back to all-time highs anytime soon. The reality is interest rates are affecting those that carry debt as well as making many reconsider new purchases (homes, cars etc…) and inflation is taking money out of our pockets. This will more than likely affect the markets for quite sometime, in the meantime I believe this is a good time to add to the portfolio especially if you don’t require the investments for several years down the road.
Slowly adding additional fund and getting ready for my next purchase.
Sectors I’m currently looking at
- Banks
- Oil and Gas
- Technology
- Utilities
- Renewables
- Real-estate
Current Dividend watch list (Already own 6 of 8)
- Granite Real Estate Investment Trust
- Equitable Group
- Restaurant Brands International
- Innovative Industrial Properties, Inc
- Air products and Chemicals
- Algonquin Power & Utilities Corp
- Canadian Bank of Commerce
- Brookfield Renewable Partners L.P.
I have removed Suncor from the list until they can show an improvement in their safety record.
Current Growth watch list (Already own 4 of the 6)
- Nuvei Corporation
- WELL Health
- Good Natured Products
- Bragg Gaming Group
- BRP Inc
Thanks for reading and feel free to leave a comment!
Invest in yourself
Brian
Disclosure: I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. Please ensure you do your own research.
