Dividend Income – July 2012

Last month, I introduced my earning growths with dividend investing (including my contributions which is where the growth mostly comes from). I waited a while to ensure I would have enough data to show that dividend income can have continuous growth regardless of the daily market sentiments.

When investing, it’s really important to have a long-term plan. It’s way too easy to fall for trending stocks and I avoid them. My motto has been to buy companies our economy relies on. Go through the list below and you can see I am heavy in financials, telecoms, utilities, energy and I started buying transportation and other leaders in markets like McDonald’s.

See these related posts:

  • Why Dividend Investing – The graph is a big reason why I do dividend investing. The income can be extrapolated and there is no guesswork.
  • Easy Investing With Computershare – The Lazy Investor was the book that woke me up.
  • Telecoms Really are Utilities – Telecoms own the data pipe and we depend on it. Most people spend more with telecoms than they do with gas and electricity.

Dividend Income

My July income is $519.29. It’s my fourth month this year above $500. It’s official that I won’t be making $7,000 this year. I am not adding enough to my investments.

I made a few deposits in Computershare and Can Stock holdings. Aside from my annual one-time TFSA contribution (which is flirting $30,000 for one person) and my defined contributions with my employer’s RRSP (indexed), my contributions are small and done through the transfer agents. Over the past 2.5 years, I have grown my transfer agent portfolio to $8844.31 across 11 investments. Slow and steady is working.

Dividend Income - July 2012


DISCLOSURE: Please note that I may have a position in one or many of the holdings listed. For a complete list of my holdings, please see my Dividend Portfolio.

DISCLAIMER: Please note that this blog post represents my opinion and not an advice/recommendation. I am not a financial adviser, I am not qualified to give financial advice. Before you buy any stocks/funds consult with a qualified financial planner. Make your investment decisions at your own risk – see my full disclaimer for more details.
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