Recent Buy – Silver Wheaton Corp

Whenever I make a purchase, I like to share my buys to document my journey towards financial independence. As regular readers are aware, I have broken from the pack of DGI and sold some of my investments to move to a cash position. I shared details on my motivation to do so in this post. In that post, I have indicated that I am bullish only on one sector currently — the resource/materials sector, and more specifically gold and silver.

As part of my first moves, I had initiated positions in two silver-focused companies — a streaming company: Silver Wheaton Corp (SLW.TO) and a mining company: Pan American Silver Corp (PAA.TO). Unless you’ve been living under a rock, I’m sure you have noticed the meteoric rise in silver over the first half of the year. Silver still continues to perform very well and still presents the best investment outlook compared to other options. I reinforced my position by adding more shares last week.

I added to my position in Silver Wheaton Corp (SLW.TO) with 50 shares @ C$31.50. The company yields 0.8% adding US$10 to my annual passive income. Nothing to write home about. But as I mentioned in earlier posts, this move is not about dividends.

I usually present my thesis on why I bought a particular investment security and present the risks associated in the Recent Buys posts. In this case, I will simply link to my last post on Silver Wheaton purchase as nothing has changed as far as the outlook goes since my last purchase.

Recent Buy – Silver Wheaton Corp

Full Disclosure: Long PAA.TO, SLW.TO. My full list of holdings can be found here.

Canadian National Dividend Stock Analysis

CNR

Canadian National Railway Co (CNR.TO)(CNI) is the second largest publicly traded railroad company in North America. The company commands an impressive 20,000 miles of rail network and the only railroad serving three coasts. The following system map image demonstrates the scale and reach of Canadian National.

map-all-cities-en

Canadian National Railway Co System Map

Canadian National is one of the best run companies in the industry. The company continues to churn out impressive numbers year after year. Qualitatively, the CN also maintains an impressive strategic advantages such as the Chicago bypass, which other railroads have to face and deal with the delays.

Railroads are the pulse of the economy. While crude shipments are on their way to a recovery thanks to the rise in oil prices, coal remains in a secular downtrend, although coal plays a very small role and CN escapes the issues faced by other competitors in the industry. CN operates at a great margin and has demonstrated to be the best in class.

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Quarterly Update – Q2 2016

Welcome to the quarterly update for Q2 2016. This is part of  a series where I track our financial progress on a quarterly basis. I present four parts in this series: (i) Investment & Portfolio Update, (ii) Passive Income Update, (iii) Blog Update, and (iv) Goals Update.

1. Investment & Portfolio Update

Q2 2016 saw a lot of activity in our portfolio.
We initiated/added to the following positions.
We closed the following positions.
  • Apple Inc (AAPL)
  • Amgen Inc (AMGN)
  • Agrium Inc (AGU.TO)
  • AT&T (T)
  • Care Capital Properties Inc (CCP)
  • Chevron Corp (CVX)
  • Cineplex Inc (CGX.TO)
  • General Electric (GE)
  • Main Street Capital (MAIN)
  • Power Corp of Canada (POW.TO)
  • Thomson Reuters Corp (TRI.TO)
  • Wells Fargo & Co (WFC)

All sales that arent linked above are detailed in this post with the reasoning for exiting those investments.

Q2 saw 8 dividend increase announcements in our portfolios. The companies from our portfolios increasing their dividends and details of portfolio changes are summarized below.

DivGrowth-H12016

Chatter Around the World – 153

Chatter Around the World is a curated weekly update of articles related to economics, investing, dividends and personal finance. In these weekly updates, I also capture my blog updates and news related to my portfolio holdings.

Asset Class Return Quilt (Updated Jun 30 2016)

Asset Class Return Quilt (Updated Jun 30 2016)

Let’s dive into the links that caught my attention this week.

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Interviewing Dividend Diplomats

I reached out to Lanny & Bert from Dividend Diplomats, and wanted to share their knowledge and experience with the readers of Roadmap2Retire. Following is an interview-style Q&A session with Lanny & Bert. Enjoy!

 Q: Tell us about yourselves 

Lanny: I am a kid that was born in Akron Ohio and did not have the fortune of growing up with money. It was always a struggle and every dollar I made always went to something – school, food, saving for a down payment once I was done with education, etc.. This has taught me that hard work,
saving and investing is worth more than words can say, and is the epitome of my being. Also – I’m Italian and l love sports, Cleveland Cavs/Indians and am an avid fitness enthusiast.

Bert: I’m a 27 year old dividend investor born and raised in the Buckeye State. Similar to Lanny, I wasn’t born into wealth and was taught the importance of working/saving money at an early age. Outside of work/blogging/investing research, I am a huge sports and music fan. Couldn’t be happier to see Cleveland snap their title drought the other week and bring home a championship. It was a moment I will never forget in my life! In terms of music, the older the better. I love listening to anything rock, new or old. There are a ton of talented musicians out there!

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