Another month has come and gone and time to an update of my portfolio.
With the markets going higher and higher, I am holding off on making any major investment buys. Therefore I decide to not make any investments at all besides the ones that are automatically through DRIP. Towards the end of the month, I bought 1 Dec 21 2013 62.5 Put option at a total cost of $60.95.
I also DRIP a few stocks and acquired a few more shares though this avenue.
- 6 shares of Just Energy (JE.TO) @ $7.39
- 2 shares of Enerplus (ERF.TO) @ $17.92
- 0.082494 shares of Bank of Nova Scotia @$61.22
The value of the portfolio bounces around, but the income that the portfolio generates is steady and will increase over time. The income from my portfolio, will be used to help escape the rat race.
I have updated my investment tab spread sheet.
DISCLAIMER:
I hope my portfolio income will grow too. I like most of my stocks right now. But I'm not sure about JE.TO. I bought it back in 2011 and have held on until now. The dividend is great, and I DRIP it too like you, but lately I've been thinking about selling it and maybe buy another company that has a more balanced growth and income strategy :)
ReplyDeleteLiquid,
ReplyDeleteI hear you on JE. I think when they became a corporation they should of cut their payment to their shareholders by a lot as they have taxes at the corporate level now.
I will continue to hold it for the time being, but will like to eventually sell it and get into a more safer investment such as a blue chip.