Weekly Blog Round: Easter Edition

I hope you have been enjoying your long weekend. I have made it an extended long weekend by including Monday. This past week, I reported on two projects I am involved with along with many other bloggers; Stock Picking Contest and the Dividend Growth Index. The Dividend Growth Index is definitely an interesting project and something to watch over the coming year as it compares dividend investing against indexes. Not that I want to debate index investing, but it’s interesting nonetheless.

Over April, I’ll be discussing income taxes a little as it is when I do my taxes. A few years back, I had to refile twice for having done it too early as I kept on getting T5 forms all the way to mid-April. As you grow your portfolio, you can expect that to happen as well.

Short List Of Stocks

I made my TFSA contribution with Husky Energy (HSE) this year by buying 100 shares and added to Power Financial (PWF). PWF was adding to the beaten insurance sector indirectly and HSE was adding a high yield oil producer to my portfolio next to Crescent Point Energy (CPG).

On the short list for future purchases, I have two path:

  • U.S. purchases for my RRSP
  • Spousal TFSA

RRSP Short List

I completely missed out on getting Microsoft on the cheap and I am keeping an eye on it along with Intel (INTC). The other candidates are the following dividend aristocrats: Automated Data Processing (ADP), Walgreen (WAG), or Illinois Tool Works (ITW).

Spousal TFSA Short List

At the top of the list, I currently have Canadian National Railway (CNR) and some income trusts such as Cominar Real Estate (CUF.UN) and The KEG (KEG.UN). I prefer to hold income trusts in a tax free account as it makes the calculation of taxes simpler due to the possible return of capital you can get over the years.

Contest Update

Winners have been contacted but no answers from a few so I will redraw for some prizes and contact the winners again. Please stay tuned as I reach out to all the winners and I appreciate your patience.

Worthy Readings

Some weekend reading to share …

Have a nice weekend!

Image: jannoon028 / FreeDigitalPhotos.net

10 Responses to "Weekly Blog Round: Easter Edition"

  1. Hey PIE!

    Looks like you, me and Dividend Ninja are all Husky fans and owners!

    Now I need to start going there to fill up my gas tank 😉

    Mine long weekend is extended too- thankfully this weekend we were lucky to have some great weather!

    1. The Passive Income Earner · Edit


      The numbers for HSE are appealing at the moment. Unfortunately, I don’t think they have good locations for their stations in my side of town and they don’t seem as appealing as the competitors but I try not to judge a book by its cover 🙂

      Hopefully, we’ll see dividend growth – it’s on a short leash with me.


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