Hello investors! Welcome to another edition of Money While You Sleep. Hope everyone is enjoying the summer to the fullest. In July we received over $500, which is the first time surpassing this amount in back to back months. I will get to the breakdown shortly.
Here are a few things we have been up to:
- Maria and I spent a night out for our 11th Anniversary which included a nice dinner, street performers, some drinks and you know ;).
- Celebrated Grandma’s 98th birthday, I know right!
- Went to the monster trucks with C, his very first time.
- Wrapped up our family trip in Mable Lake BC.
- Several rounds of golf with Maria and some good friends.
Portfolio details:
Not much action took place in July, really just letting the portfolio ride and dripping those shares. Currently just researching where to add and when ready will continue buying.
Here’s a breakdown of allocation:
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
April breakdown 73% Blue Chip, 21.8% Growth and 5.2% Cash
Sold:
No sells
Bought:
No buys
Dividend increases and decreases
- None this month
2016 – 2022 Dividends
Dividends received were $530.33. This is a year over year increase of 28.5%. 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 59% to $5,000.
Dividends received
| Stock List | Dividend | Drip | Account |
| FRU.TO | $9.36 | No | TFSA 1 |
| PLZ.UN | $10.92 | 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 | $60.00 | No | TFSA 2 |
| CM.TO | $85.33 | No | TFSA 2 |
| AQN.TO | $94.04 | Yes, 5 shares | RESP |
| ATD.TO | $8.80 | No | TFSA 1 |
| QSR.TO | $17.35 | No | RRSP |
| TD.TO | $89.89 | No | RESP |
| POW.TO | $127.71 | Yes, 3 shares | TFSA 1 |
| Total: | $530.33 |
Market
In July we saw the markets start to rise a bit however I don’t think we will be seeing most 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 belive 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 (New)
- 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.
