It’s been almost two months since my last posting, so a lot has happened. According to my calculations, the dividend portfolio is approximately 12-18 months away from meeting minimum income expectations. Essentially in 2022/2023 I’ll have achieved financial freedom and will no longer “need” to work. This does, however, carry some assumptions. … [Read more...]
Recent Buy: Alibaba
In the 2020s it is likely China will emerge as the world’s largest economy. There are close to 1.4 billion people in China and the country has been growing at alarming rates. GDP growth rate averages around 6-8%; more than 3x that of the U.S. In addition, the country has a burgeoning middle class and a government intent on doing … [Read more...]
Recent Buy: Royal Bank of Canada
In November I discussed how I made minor adjustments to my portfolio given current circumstances. I ended up selling my local bank, First Source (SRCE), and bought into Royal Bank of Canada (RY). Both companies are in the same industry, banking, and carry a dividend yield over 3%. However, RY is the largest bank in Canada by … [Read more...]
Buying Global
In recent weeks several clouds of uncertainty have dissipated. We now have a handful of strong vaccine candidates ready to distribute in the near future. These vaccines have upwards of a 90% effective rate, allowing us to end the pandemic in 2021. We also got past the chaotic 2020 election with a deeply divided government. … [Read more...]
Clouds of Uncertainty
It’s been a busy couple of months and more than a month since my last update. I ended off by discussing my recent purchase of Public Storage (PSA). I then followed up by purchasing Realty Income (O). Because of the zero-dollar commissions I was able to average into these two stocks on a daily basis. But again, it has been a … [Read more...]
Recent Buy: Public Storage
Markets continue to trade around all-time highs. In fact, this has become the best market since the 1930s; fueled by stimulus from the Fed and Congress. Early last week I had officially recovered ALL losses from the crash last spring. However, my portfolio looks a bit strange at first glance. In February gains were pretty … [Read more...]