Recent Buy – FNV

BuySell

A quick update about a purchase in my portfolio last week. As I’ve outlined in the monthly Outlook posts, there are a few opportunities that are still undervalued. While it may come as no surprise, regular readers will observe that I am still very bullish and overweight in commodities and precious metals. While this is a sector that I have been thinking of trimming possibly since it has grown to an outsized position, I cant help but add some shares in high quality companies when I get the opportunity.

Last week, after a slight miss in earnings, I managed to pick up a 50 shares in Franco Nevada Corp (FNV.TO) at C$87.00. The company pays an annual dividend of US$0.92, which adds US$46  to my annual income stream (a div increase is expected next quarter).

Continue reading

Recent Buy – IPL

BuySell

A quick update on a purchase in my portfolio earlier this week. As expected, the stock market’s decline had a wide implication on already depressed stock prices where I see good value. I decided to take the opportunity to add more shares to an already decent sized position.

Earlier this week, I decided to add 100 shares in Inter Pipeline Ltd (TSE:IPL) @ CAD$22.70. This purchase price locks in a 7.4% yield adding C$168.00 to my annual passive income stream.

I just listed all my Recent Buy Decision during my last purchase a couple of weeks ago, so I will link to that post instead of rehashing the details.

What do you think of this purchase? Share your thoughts below.

Full Disclosure: Long TSE:IPL. Our full list of holdings is available here

 

Recent Buy – IPL

BuySell

A quick update on another purchase to wrap up January 2018. This time, its a purchase adding to my dividend growth portfolio after a long time. Its been hard to find value in this market, except in the basic materials sector. However, as I mentioned in the Outlook for 2018 post, I am looking to pull some money off the table as I have overextended in this sector of the economy — with my investment portfolio sitting close to 50% in that one sector. I am still bullish on the sector, but looking to deploy funds elsewhere in the economy, and I have been looking at related commodity plays.

For this purchase, I have looked at the energy sector and decided that I could use with some more exposure and increase my annual dividends from an existing company in my portfolio. Continue reading

Recent Buy – CRZ

BuySell

My first purchase of 2018. It didn’t take me too long for the first purchase, even though I was hoping to wait until things cool down a bit. However, when dealing with a high momentum sector, its better to “go with the flow” instead of sitting on the sidelines and regret missed opportunities.

I decided to put more money into the marijuana sector (again) with a new position in my portfolio. I bought 300 shares in CannaRoyalty Corp (CRZ.C) @ CAD$4.60.

Continue reading

Recent Buy – IOTA

BuySell

An update on a recent purchase in my blockchain/cryptocurrency/digital asset portfolio. I am continuing to add and deploy capital in this space, which is nascent and has immense potential. There are so many exciting projects that its hard to pick the ones that can really change the world.

Over the past month or so, Ive been reading about this token and one reader on this blog pointed it out too a few days ago. But as is the case with crypto, if you dont move fast enough, the prices run away and you end up paying quite a premium. Same happened with this one, but as it turns out, it wasnt too late — the token price has already doubled since my purchase a little over a week ago.

Continue reading