Wednesday, March 1, 2017

My February 2017 Dividend Income Summary : $PWF $RY $VZ $VCN $CUF.UN

Hey Personal Financial Freaks! This is my second Dividend Income Summary for 2017. 

I'm currently abroad trying to master a third language. It's a pretty humbling experience. 

Learning a language, like many of you know (yet too little I might add), is like being a kid again: you can barely communicate, you are clueless, you look stupid most of the time (hats with straight visor rings a bell?) you make a lot of mistakes and girls don't dig you (why would they with your pants down your butt?).

But! -- no pun intended. And therein lies the beauty of it all, once you start to master your new language you will slowly unlocked your inner capacities. Suddenly the world will truly become your oyster (ok, maybe not that much, but eh, it will make you feel better!). It's like turning the whole world upside down. "Tupsy turvy that m**** f****".  (quote from Curb your enthusiasm). You will feel good, confident and girls dig confidence. I know that for a fact (I have asked my mom!).

So try it : french, mandarin, japanese, spanish... whatever! Just stop saying you should like most of the of the world. Get off your lazy butt and do it. Use your dividends to pay fo your classes! Duh. That is wise dividend investing by the way, probably one of the smartest way to use this free money.

So, I was saying...

As you can see on my Passive Income page, only 5 companies chipped in for this month. I might start looking for dividend paying companies that pay in February!

So this month, I managed to collect 264.24 $The amounts are all in Canadian dollars. 

My Dividends came from:

                REIT Cominar (CUF.UN) : 36.75$

                Power Financial (PWF) : 78.50$ (this stock is finally doing pretty well. I have added to this position over the last two years and I'm quite happy I did).

                Royal Bank of Canada (RY) : 107.90$ (It's RY, need I say more?).

                Vanguard (VSB) : 22.38$ (Slowly but steady).

                Verizon (VZ): 18.71$. (I want more Verizon!).

My total Dividend paid for 2017 :  260,30$ + 264.24$ = 524,54$

What do you think of my dividend income stream? Fancy learning a language? Which one?

Wednesday, February 1, 2017

My January 2017 Dividend Income Summary : $VCN $VIU $EMP.A $BCE $CP $ $MDLZ $BNS $VSB

Hey Personal Financial Freaks! This is my first Dividend Income Summary for 2017. 

Time flies, no?. It reminds us all to make the most of it while we roam the blue planet. So quit taking selfies, bitching about how your job sucks or starting sentences with "I should have...". Do it already. 

This tidbit of philosophical clichés is proudly presented to you by yours truly, Mr. D.

Random stuff I'm already tired of hearing/seeing in 2017 :

  • it starts with a T and ends with a P. Yeah, that guy.
  • the end of the Bull Market or the imminent correction;
  • bloggers with 5 months of financial knowledge suggesting stock picks; 
  • investors saying they are Financially independent when in fact they are living on the edge or in a basement somewhere;
  • people who follow me on twitter only so I can follow them (get a grip on your life);
  • people who thank me on twitter for following them (immediately unfollowed);
  • people on twitter sending me marketing stuff after I followed them (you are so out);
  • got more? no you don't! 

Random stuff I already love about 2017 : 
  • Johnny Depp unwillingly giving us some money lessons;
  • X-MAS being far far away;
  • knowing how to spell misanthropist. ;)

Now BS aside, let's talk numbers. How did you stack-up divvy wise? I have to say my harvest is modest even though 8 companies chipped in this month.  Check it out on my Passive Income page.

In January, I managed to collect 260.30$The amounts are all in Canadian dollars. 

My Dividends came from:


                Vanguard (VCN) : 17.90$ 

                Vanguard (VIU) : 10.55$

                Vanguard (VSB) : 12.30$ 

                BCE (BCE) : 40.95$ (I love this stock, but it has remain pricey even during the last correction. Telecom is surely a sector I'd like to increase in my portfolio. I'm waiting for a bigger dip.)

                Canadian Pacific (CP) : 25$ (I love this stock too, but the meagre dividend is annoying).

                Empire (EMP.A) : 15.38$ (A new comer.)

                Mondelez (MDLZ) : 26.48$.

                Bank of Nova Scotia : 111.74$ (cool).

My total Dividend paid for 2017 :  = 260.30$

What do you think of my dividend income stream?

Wednesday, January 18, 2017

Financial Goals for 2017

Hey Financial Freaks!

In 2017, I have set myself Financial Goals:
  • To respect, 75 % of the time, a monthly budget of less than 5 000$. (all expenses, including property and investments, are included in that amount).
  • To max out my TSFA and hit the 68 K$ mark. Right now, I have 54 308 $ in it. I have room for 7 300$ this year (5 500$ + money I had withdraw during the year. Yes sometimes s*** happens -- and I'm not talking about lousy stocks). I will pluck in 6 K$ right off the bat (in the coming days) and my 50$ investment every two weeks on RBC’s Index Funds will add 1300$ at years end. All in all with compounding, this should take me to 68$ if not close to 70 K$ or beyond.
  • To hit the 230 K $ mark in my portfolio. Right now I have roughly 195 K$. (It doesn't show on my portfolio page because I don't put my saving account numbers. Maybe I should...) Anyway, I have a good deal of cash ready to invest. I wish to do so in quality stocks/ETF’s I already own – unless there is a very good deal on some blue chips– like Disney going at a 50% discount! I expect to add new money in the mix (around 15K$). With the growing dividends from my portfolio (5K$ and more) and the effect of compounding that should take me close to 230 K$.
  • To grow my net worth to 260 K$. I expect more up and down revenue wise this year. So this particular goal will remain hard to tackle. Right now, I have a Net Worth of 224 K$. (I explained the little drop in a previous post. It is largely due to a Real Estate  factor in my neighborhood). With a yield of 6-7%, that should take me to 240 K$ solely on compounding. With my dividends of about 5K$ and the new capital money I should add to the mix I expect to close out the year with 260K$.
  • To hike my Side income (including mainly dividends from stocks I own) to 6 000$ a year. Right now, I have roughly 5 100$. In order to do that I will have to buy more shares of the stocks I own. So let’s hope for a small (or – even better – a big) correction. 6 000$ will provide me with an average of 500$ a month. Now we are starting to talk !
  • To stay out of debt. I don’t have any bad debt as we speak (apart from the mortgage, which is an okay  debt). That's the way we like it. Let’s keep it that way.
What do you think of my Financial plan for 2017?

Saturday, December 31, 2016

My December 2016 Dividend Income Summary: $JNJ $VSB $CUF.UN $KHC $ATD.B $ENB $FTS $ACO.X $SU

Hey Personal Financial Freaks! This is my last Dividend Income Summary for 2016. 

As you can see on my Passive Income pagecompanies (out of 20) chipped in for this month of December. 

This month I managed to collect the pretty decent sum of 435.51$

The amounts are all in Canadian dollars. 

My Dividends came from:


·      1-REIT Cominar (CUF.UN) : 36.75$

·      2-Johnson and Johnson (JNJ) : 138.51$

·      3-Kraft-Heinz (KHC) : 33.88$

·      4-Vanguard VSB : 25.12$

·      5-Fortis (FTS) : 51.20$

·      6-Alimentation Couche-Tard (ATD.B) : 10.80$ 

7-Enbridge (ENB) : 53.00$

·     8-ATCO (ACO.X) : 42.75$

9-Suncor (SU.TO) : 43.50$

My total Dividend paid for 2016 : 

250.47$+256.52$+531.59$+313.70$+160.71$+400.55$+319.49$
+177.71$+556.96$+249.23$+257.50+435.513909.94$

Total Dividend paid since I started Investing :  20 116.07$ + 435.51$ = 20 551.58$

What do you think of my dividend income stream in 2016? 

Happy Holidays and a great start for 2017 to all of you. 

Mr. D!

Monday, December 19, 2016

Failures and Successes : My 2016 Financial Goals

"Everything you want is on the other side of fear." - Jack Canfield

Oh that quote... so true and yet so hard to put into action sometimes.

In 2016, I have set myself Financial Goals...

·     To respect, 75 % of the time, a monthly budget of less than 5 000 $. Last year we tried 5 000$ and almost succeeded. Let's try 5 000$ and hope for the best.

Failed. This goal is pretty hard. I did manage to succeed a few times and meet by monthly goal. But not nearly enough. Oh well, I guess life just came in the way. Will try harder next year.

·     To max out my TSFA and hit the 52 K$ mark. Right now, I have 43 243$ in it. I have room for 5 500$ this year. Let’s assume a yield of around 5-6 % in addition to 1 300$ in dividends. One of my stock is (STILL) slumping (ABX). Hopefully, my other stocks will compensate and pull my portfolio upwards. It should get me to 52 K$ by the end of the year.

Succeeded. I maxed out my TFSA and right now my balance indicates 54 K$. I also had to withdraw 2K$ during the year. I did a few transactions in this account. I got rid of ABX (Barrick Gold) and POT (Potash Corp.) and replace them with Power Financial (PWF) Vanguard VCN and VIU and some Couche-Tard (ATD.B). All in all it did some good to my TFSA.

·     To grow my net worth to 235 K$. I expect a more constant revenue this year. Right now, I have a Net Worth of 205K$ With a yield of 5-6%, that should take me to 217 K$ solely on compounding. With my dividends of about 4K$ and the few new capital money I should add to the mix I expect to close out the year with 235K$.

Failed. This a tricky goal. Technically I have succeeded but the real estate in my city has sort of been on the slow side a little bit. Instead of 315 000$, I decided to change the value of my home to 285 000$ which, in my opinion, is a better reflection of reality according to the recent sells close to my home. If it had not been for this, I would have reached my goal easily. But I prefer to be more conservative. I don’t intend to ever sell my home (maybe rent it) so I don’t really mind. My Net Worth is now 224K$.

·     To hit the 190 K $ mark in my portfolio. Right now I have roughly 162 K$ (you can check it out here). I still have some cash flow to invest. But I wish to invest only in quality stocks I already own (or new ETF’s). I don’t want to add more stocks to my portfolio. I feel I already have enough with 22. The yield of my portfolio will come from compounding (5-6%). I will also keep investing on a bi-monthly basis in a US Index Fund. I will sell some of this fund throughout the year to deploy the money directly in stocks. Money coming from dividends will contribute to my portfolio as I both expect raises and buying more dividend growing shares of companies I own. I should be able to end 2016 with 190 K$.

Succeeded. My portfolio is now closing in on the 200K$ mark. As of today, it totals 196 200$. I know my portfolio page indicates 173 K$ or so but it’s because I don’t mention the money sleeping in my saving accounts (making some interests). So I’m 5K$ over my goal and I’d say it bodes well for 2017 and the 200K$ mark, don’t you?

·     To stay out of debt. I don’t have any bad debt as we speak (apart from the mort-gage, which is a good debt). That's the way we like it. Let’s keep it that way.

Failed. I owe 2,5K$ to my bank. But it’s no big deal as I could easily pay it. I will, it just bugs me to do it.

·     To find another form of investment. A land, a cottage, a new condo, a house, a wood forrest. Anything that diversify our assets.

Failed. Not there yet again.

So, what do you think of my failures and successes this year? What should I do differently? 

Thursday, December 15, 2016

New Buy! Empire Company Limited $EMP.A

Hey Financial Freaks!

It doesn't happen often these days, so I thought I would write something about it: I bought 150 shares of Empire Company Limited. (EMP.A).


EMP.A is a Canadian company headquartered in Stellarton, Nova Scotia. Its key businesses are food retailing and related real estate, through wholly-owned subsidiary Sobeys Inc., and a 41.5% equity accounted interest in Crombie REIT. With $24.4 billion in annualized sales and $8.8 billion in assets, Empire and its subsidiaries, franchisees and affiliates employ approximately 125,000 people. (source : Empire Company Limited).

I have been following this stock on and off for the past years. As you may know, the country’s second-largest grocer has struggled since its 2013 takeover of Safeway Canada. Today, the owner of grocer Sobeys posted another quarter of poor results. Hence the steep drop in its stock price. Hence an opportunity for investors like us.

According to the Globe and Mail, EMP.A said its second-quarter profit slumped by more than half to $33.1-million or 12 cents a share from $68.5-million or 25 cents a share a year earlier. Sales slipped to $5.9-billion from $6.1-billion.

However, I still believe that the company can pull through in the long term and eventually reap the benefit of this acquisition. I like the fact that Empire owns strong businesses in both Food retailing and Real estate, and other operations.

Empire's Investments and other operations segment includes (1) a 41.5 percent equity accounted interest in Crombie REIT, a national Canadian REIT. 

Crombie REIT's strategy is to own and operate a portfolio of primarily high quality grocery and drug store anchored shopping centres and free standing stores in Canada's top 36 markets and (2) various equity accounted interests in real estate partnerships (collectively referred to as “Genstar”). Genstar is a residential property developer with operations in select markets in Ontario, Western Canada and the United States. (source : Investments and Other Operations).

I mentioned in this blog that I wanted to accentuate my exposure to REIT's (other than Cominar). With Empire I do just that while giving me an exposure I didn't have in the grocery sector.

I bought 150 shares of EMP.A at 15.99$ for a total of 2 408.49$ (including commission).

The stock is yielding around 2,55%. It's not high but it's higher than inflation and I believe it can grow over time faster than the latter.

This add 61,50$ to my forward total annual dividend. You can check it out here.

All and I all, I think it remains a bold move, given the strong competition in this sector with the likes of Walmart, Loblaws, Metro and friends.

Although its currently facing strong headwinds, I feel this stock has potential and I prefer buying the stock while it's cheap -- than the other way around. The stock is currently trading at 40% from it's high of the year (27$).

So what do you think of this recent buy? Good, bad, ugly? Do you find it risky or do you think it will nicely pan out over time? I want to hear from you!



Thursday, December 1, 2016

My November Dividend Income Summary: $PWF $VZ $VSB $CUF.UN $RY

Hey Personal Financial Freaks! This is my eleventh Dividend Income Summary for 2016. 

As you can see on my Passive Income page5 companies chipped in for this month of November. 

It's been a pretty quiet month dividend wise. But I have been more active on the transactions front. Yes, 4 transactions is a lot for me. Remember : we are suppose to buy and hold. (I know it's not easy.)

BuyCUF.UN100$13,95$1 395,00
BuyBCE20$57,50$1 150,00
SellVCN50$30,39$1 519,50
Sell VIU100$23,81$2 381,00

So I made a couple of purchases, namely Cominar (CUF.UN) which is the only REIT I currently hold. I simply bought it to average down my cost per share since the stock has been recently beat down. I am considering buying another REIT with perhaps a greater exposure to the apartments sector. I'm thinking along the line of Boardwalk (BEI.UN) and Canadian Appartment Properties (CAR.UN). Appartements aside, I also like RIO Can REIT (REI.UN). If they drop again by more than 10% I might make a move on either of these fellas.

And, on a rare occasion since I first initiated a position, my telecom stock BCE dropped a little and I decided to scoop 20 shares at 57,50$. The stock is now trading at roughly the same price, but I will wait for another dip before making a move. I am considerably low on telecom exposure. And I know you folks out there are hooked on those so-called smart-phones -- among other things. (Don't deny it, I see you in the subway holding on to dear life to your devices)

I did sell some shares of my Vanguard Index Funds simply because I wanted to keep my portfolio allocation to a perfect 80-20 (between bonds and stocks). In the meantime it provides additional cash in case of a drop in my individual stocks. Asset allocation is key. I can easily do this by selling (or buying -- depending on how the market fluctuates) either some bonds or stocks in my funds. This way I can keep my original settings. If the Market goes up I sell some shares or buy some more bonds. If the Market goes down I buy some more shares or sell some more bonds. Easy peasy.

This month I managed to collect the pretty decent sum of 257.20$

The amounts are all in Canadian dollars. 

My Dividends came from:


·      1-REIT Cominar (CUF.UN) : 30.63$

·      2-Royal Bank of Canada (RY) : 107.90$

·      3-Power Financial (PWF) : 78.50$

·      4-Verizon (VZ) : 19.29$

·      5- Vanguard Canadian Bonds (VSB) : 21,18$

My total Dividend paid for 2016 :  
250.47$+256.52$+531.59$+313.70$+160.71$+400.55$+319.49$
+177.71$+556.96$+249.23$+257.50 = 3474.43$

Total Dividend paid since I started Investing :  19 858,87$+257.20$ = 20116.07$

What do you think of my dividend income stream? 

Wednesday, November 2, 2016

My October Dividend Income Summary: $BNS $KHC $MDLZ $CP $BCE $CUF.UN

Hey Personal Financial Freaks! This is my tenth Dividend Income Summary for 2016. 

As you can see on my Passive Income pagecompanies chipped in for this month of October. 

This is not a big number in terms of company (nor in income), but remember I do not hold a lot of them. I keep my holdings to a minimum of 20. Why? Because I consider this amount to be more than enough to feel well diversified.

People tend to forget that sometimes their holdings are already pretty well diversified. Take for instance Power Corporation (POW). When you are buying POW you are actually buying stakes in various companies throughout the world : Pernod Ricard, LafargeHolcim, Total, WealthSimple, etc. They also own directly or indirectly insurance companies (London Life, Irish Life, Great-West), financial companies (Group Investors, Mackenzie, etc.) as well as many funds like Sagard China. Needless to say this company is well diversified.

This is true for many companies. So before going on a buying spree and stacking up as many companies as you possibly can, remember to consider wisely what exactly you are investing in. Maybe then you will realize that you won't need to invest in this particular sector or region simply because you already have.

Not much too add considering the current state of the Market. It's pretty pricey and I don't see much buying occasions on my part. I don't plan on holding new positions so I will have to wait for some drops on my actual shares. I might add some Cominar (CUF.UN) at some point... Will see.

This month I managed to collect the pretty decent sum of 249.23$

The amounts are all in Canadian dollars. 

My Dividends came from:


·      1-REIT Cominar (CUF.UN) : 24.99$

·      2-Bank of Nova Scotia (BNS) : 111.74$

·      3-Kraft-Heinz (KHC) : 33.55$

·      4-Mondelez (MDLZ) : 26,65$

·      5-Canadian Pacific (CP) : 25,00$

·      6-BCE (BCE): 27,30$

My total Dividend paid for 2016 :  
250.47$+ 256.52$+531.59$+313.70$+160.71$+400.55$+319.49$+177.71$+556.96$+249.23$ = 3216,93$

Total Dividend paid since I started Investing :  19 609.64$+249.23$ = 19 858,87$

What do you think of my dividend income stream? 

Friday, September 30, 2016

My September Dividend Income Summary: $CNR $JNJ $POW $SU.TO $FTS $ENB $VIU $VCN $VSB $CUF.UN $ATD.B $ACO.X

Hey Personal Financial Freaks! This is my ninth Dividend Income Summary for 2016. 

As you can see on my Passive Income page, 12 companies chipped in for this month of September. 

I'm not a fan of fall -- especially with all the crap publicity surrounding the "back to school" propaganda. I say to this : chill out! 

What's the big deal? Holidays are over, we are all going back to work or to school. It's already depressing. Do we really need to be reminded as early as July? NO!

After all, unless we chucked out all or clothes or pencils during summer, there's a frickin' good chance we are ready to go back to what we were doing a couple of weeks ago : that is going to work or school dressed and with some papers and pencils!

Maybe if I held some Walmart  (WMT) of Group Jean Coutu (PJC.A) stocks I would be happier to go through this nonsense. Just wait till' they get the X-MAS tree ready... 

I might also be a little misanthropist; that is why most people get on my nerves (not you!). Or is it because Mr. Market has been so frickin' high for so long... None of my stocks are cheap. Well, except for POW and PWF, but I have enough of both for now. 

It seems I can't buy anything with the necessary margin of security. Go back to reading Benjamin Graham is you do not know what I am talking about. (go!

And so I wait. and I wait... (so much for my dividend goal of 5 400$/year in 2016)...But eh, I'm piling up some cash that I will be able to deploy eventually. Check out my Fix Income Graphic here.

Anyway, back to my Dividend Income post...that's why you are here, no?

September was a great month dividendwise. It always is when my king of kings chips in. (Hello JNJ!)

This month I managed to collect the pretty decent sum of 556.96$

The amounts are all in Canadian dollars. 

My Dividends came from:


·      1-REIT Cominar (CUF.UN) : 24.99$

·      2-Vanguard Bonds (VSB) : 14.82$ + 6.78$ = 21.60$

·      3-Alimentation Couche-Tard (ATD.B) : 9.30$

·      4-Vanguard Canadian Index ETF (VCN) : 28.36$

·      5-Vanguard International (VIU) : 17.08$

·      6-Enbridge (ENB) : 53.00$ 

·      7-Fortis (FTS) : 48.00

·      8-Johnson and Johnson (JNJ) : 135.50$

·      9-Suncor (SU) : 43.50$

10- Power Corporation (POW) : 100.50 $

11-Canadian National Railway : 31.88$

12-ATCO (ACO.X) : 42.75$

My total Dividend paid for 2016 :  
250.47$+ 256.52$+531.59$+313.70$+160.71$+400.55$+319.49$+177.71$+556.96$ = 2967.70$

Total Dividend paid since I started Investing :  19 052.68$+514.21$ = 19 609.64$

What do you think of my dividend income stream? Do you like autumn (who cares really?)? And are you too planing on selling all of your assets on the Market?