Dividend Income – February 2018

Mar 13 05:03 2018 Print This Article

Investing should be boring but it seems that it’s never boring for too long. There is always an event that can push you to think twice about some of your investment choices. If you have a sound strategy, you should be fine. Do you have a sound strategy?

I ran some numbers and my dividend expectations for 2018 has already grown by 8.19% over the past 2 months. Historically, after the new money added and the dividend increases, I have been able to grow my dividend income by 20% annually.

Stock Trades

Nothing to report on the stock trade front. I expect my tax refund in March and I will deploy it to our TFSA. It’s the best strategy according to the TFSA vs RRSP scenarios.

Sector Diversification – February 2018

I have just recently reduced my exposure target to the energy sector. With an original 7% target, I needed to have a minimum of 2 stocks to cover the sector and I really could not find any holdings I would want to add after Enbridge. TransCanada Corporation was an option, but I preferred ENB over TRP. I also prefer other options in a few other sectors like healthcare and industrial.

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About Article Author

Dividend Earner

Dividend Earner is run by a regular guy from Vancouver who works at a publicly traded company. One day, he decided to fire his financial planner and go out on his own. He created this blog to share the lessons he's learned and the insight he has. He enjoys sharing financial informationwith family, friends and co-workers but decided he write about it and document it at the same time for the benefit of everyone.

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