My Entire $640,000 Dividend PORTFOLIO Update & Review! | $5200/Month of PASSIVE INCOME! | Feb 2021 |

it's the video many of you have been waiting for and asking me about so i will unveil my entire new and improved dividend portfolio designed to provide my wife and i consistent passive income as a matter of principle i always want to be completely open honest and transparent with you guys about my investing journey so i promise to be a bit more consistent uh with my updates on my own portfolio in the future uh maybe not monthly updates but uh maybe every three months at the very least so my goal is really not to show off with this video guys but really to motivate you to show you how easy it is and help you on your own investing journey so you too can become financially uh independent and one day join the fire club like myself that's always been the mission of this channel so just a quick summary of my investment strategy in philosophy i am a long term buy and hold income focused investor so the primary um objective of this strategy is really to generate a consistent passive income via dividends to pay off all my living expenses so this means that i only invest in stocks that provide a dividend or a distribution with the intent of holding them really long term or forever to really live off the passive income they provide so this strategy has enabled my wife and i to become financially independent in our mid 30s back in late 2019 so if you want to know more about my strategy and philosophy in detail make sure to check out the video i made where i review that in detail the link should be flashing on your screen right now so my strategy might not be fun and exciting or mainstream but i can promise you that it works and you just need to stay focused you need to stay disciplined don't forget slow and steady wins the rat race [Music] three quick things before i unveil my portfolio number one i will be showing you my portfolio in a spreadsheet and not directly in my broker account that's because my main income portfolio that i'm about to show you is really a combination of four accounts my tfsa and my cash account and my wife's tfsa and her cash account so this is my main income portfolio and the income it generates is what we use to pay off all our living expenses and the rest if there is gets reinvested to make even more passive income number two this fund does not include our rrsp accounts or our retirement accounts those are completely separate and i will make an updated video on those accounts soon uh the reason i keep them separate is really because of how the rrsp accounts work right as you know you can't withdraw any of the money until retirement when you turn them into a riff account or rrif accounts so i say retirement but the truth is you could turn them into riff accounts really whenever you want but when you do you can no longer contribute to to your rrsp don't forget that so we'll probably wait until our 50s to do that so the dividends in those accounts and the rrsp accounts are really compounding every month either via a drip or manual reinvesting so number three i will be focusing on my portfolio and my holdings here not on the layout of my portfolio template i made a separate video uh covering that in detail so i explain all the formulas and all the sector sections of my my template so if you would uh if you like the way i set it up or you like my template don't forget that you could watch that video and download a blank template yourself on our website at passiveincomeinvesting.ca so without further ado here's my portfolio all right guys here it is uh before i go through my holdings a one by one which i will do i just want to review of how really how 2020 was for me so in total i made almost 48 000 dollars in dividends alone as you could see here but i do have um capital losses of uh a little over thirty four thousand dollars uh it doesn't bother me a bit this is really because of all the the big major cleanup i did uh this year to really really lean out my portfolio and consolidated make it a lot safer make it a lot better so unfortunately i got i did get get rid of a lot of the single stocks that i had um beginning of 2020 i had actually over 120 stocks which was a bit ridiculous so right now i have 54 believe it or not so less than half but unfortunately i had to take capital losses uh with all the cleanup that i did but i don't really mind it i mean 34 000 my portfolio is about 640 000 so it's it's just about five percent so it's not a big deal and i really don't care about it let me tell you why because um capital losses can be carried over uh forever and you could always go back through up to three years to uh offset your capital gains as you could see 2019 i had 6 000 20 uh 18 i had 10 000 and 2017 i have 2 000. so uh when tax season comes along in a few months i will use these losses to really offset those gains so uh half the capital losses are really gone with that and the rest i will simply um carry forward uh really no big deal so if you're asking yourself well what happened i thought you were a buy and hold investor well my answer is yes i am a buy and hold investor but like i said i i took the losses and and did sells a lot of stocks really to lean out my portfolio so the holdings i have right now which i will go through um i do not plan to sell many more maybe a couple of single stocks that i still have but uh not much more in terms of 2021 so this is really the data for the first month as you could see just in dividends in january alone i made 5500 which is great i do have some capital losses already um that's simply because of two transactions because of sir royalty which is a restaurant franchise company that it did absolutely horrible this year because of reasons obvious so they're actually planning to go private um so i decided really to sell it off because the stock price is not going to move because they sold the company right or they they're going private so i took about five thousand dollar loss on that one but i made up for it because i also sold brookfield property partners because it seems like they too are going private so what happens is when a company goes private it's delisted from the stock market and whatever the stock ends at that's the money you get so i just decided to sell off brookfield property partners not because i didn't like it but simply because they're going private and i did get some gains off that uh which offset that five thousand dollar loss that's why you see minus thirty two hundred instead of five thousand so now let's get into the portfolio so we'll go through each section one by one as you can see here i separated by section so income funds are here etfs uh split share funds single reits and single stocks so starting with the income funds i really love income funds are really designed for one thing like the name says income keep in mind that i i call them income funds simply because usually they end with an income fund uh the name of the fund i mean but technically they're really investment trusts uh that's why there's a dot u.n after most of them just like reits right reits are also investment trusts real estate investment trusts so some of them don't these are you know considered investment corporations i guess or they're also considered closed end funds so a lot of names for them i just simply call them income funds so canoe financial eit income fund is really the crown jewel i would say of my portfolio my biggest holding at 4.70 i put 30 000 in here this is a really good big closed-end fund on the tsx it's one of the biggest ones it's over a billion dollar fund it's really a nice mixed sectors fund uh it does have mostly north american stocks but it's really global it has some international in there as well really really high yield uh this was probably one of my first original og dividend stocks that i've kept throughout the years and kept adding to it they've been paying a 10 cent a month distribution for the longest time uh my yield is 12 over 12 so a really nice source of consistent income the next two are from brookfield um so these are the two brookfield income funds that are listed on the tsx so you have the infrastructure one bgi.un which was a pick uh for february a stock pick and there's also bso.un which i've been getting some questions about so bso.un is a really interesting fund it's very very high yield i nabbed it at three point uh 58 stock price it's a little bit higher than that so the yield is a bit lower now i think it's at 13 but either way uh this is an interesting fund because it's uh focuses on infrastructure and real estate which is really uh the sp the the specialty of the brookfield fund manager but what's interesting is that it's 75 corporate bonds or corporate debt how it manages to sustain such a high dividend i really don't know it's been around since i think 2013 or 2011. it started at 10 and it's gone down significantly it's way under uh five dollars i think it's four dollars something so i have a feeling that the dividend might be uh reduced on this one but they haven't done it yet i mean i keep getting surprised every quarter once they announce their 15 cent dividend which they have not missed since in inception um but i would definitely uh you know very interesting but i definitely wouldn't put a huge percentage of my money here i think bgi.un is a little bit safer because it really focuses on uh you know the yield uh it also focuses on infrastructure but the yield is a little bit more uh lower at uh nine or ten percent ds and inc un are the only two non-split funds by quadra vest so ds is very interesting i i like to call this one the little brother of dividend 15 or dfn it pretty much has the same holdings except it does not have that unit nav threshold limit that split corpse have ink doll un is a very good fun one of my favorite financial uh sector funds it has not only uh canadian uh financials but also u.s and it's not just banks it has life insurance asset manager so a lot a lot of stocks in inc doll you went i really like it and ds and inc the un both have a very unique dividend policy uh like i i wrote here in my annual dividend in the comments so the monthly dividend varies and it's basically 10 of whatever this the share price is of the the previous month uh the last three days so if the um the last three days the average share price was ten dollars well the annual dividend will be uh one dollar for that month so one dollar divided by 12 will get you your and your monthly dividend so a little bit confusing sometimes but really once you read up on it and see how they how they work uh really a good policy dividend policy if you ask me clm is one of the only i only have three u.s listed stocks in my main fund um i like to keep my us listed stocks in my rrsp accounts because there is no 15 withholding tax so clm is kind of like uh really the us version of eit.un in my opinion it's an income fund it's really really high yield it's really if you look at it it's going to say 16. i have it here as 13 yield because i removed 15 of it because i wanted to get because of that withholding tax right you have to pay a 15 withholding tax on any dividends you get from a us listed stock so i have 15k in here i'm not planning on putting more uh because i do have a lot of it also in my rrsp so 15k i think is reasonable and i'll just leave it at that so those are my income funds uh really really good for high income um and the two quadra best ones are the only ones out of the bunch that use a covered cost strategy that's why there's a little star if you scroll down at the start you'll see covered call strategy here so um yeah and the rest are or more um classic income funds i would say really the closest thing that you will get to an actively managed uh mutual fund that's listed on on the stock market listed publicly so there you go those are my income funds let's move on to etfs now i love etfs etfs are really my bread and butter so the first four are what i like to call the [ __ ] uh regional baseline etf so these are kind of like uh what i always suggest the people that are just getting started these four should be the cornerstone of your portfolio it's very simple um they're basically a 35 stocks and zwc zws zwe 35 of the best dividend stocks for that region so c is for canada s is for us e is for europe then you also have zwg which is really global although it does focus a lot on u.s stocks well that's simply because the best dividend stocks in the world are primarily in the u.s so zwg zwg is basically a nice mix of uh all over the place i mean there's europe there's u.s there's canada there's australia and there's a bunch of other places so really the four uh baseline regional etfs i have zph very interesting this is a put right um strategy etf so a put right is basically uh very similar or pretty much the same as a covered call strategy except that the fund does not hold the underlying stocks because you're selling put options which are options um to buy stocks not options to sell so um a little bit there as well i really like it good for consistent income very low risk as well zwu that's my favorite one when it comes to utilities and telecom it focuses only in north america however but you really have the best utility and telecom stocks in zw zwk this focuses on us banks specifically um i managed to get it uh really really cheap at the beginning of uh you know near the crash which is why i have a really nice 10 yield on it i think now it's yielding something like eight eight and a half or something like that because it went up in price a really good way to really get the best of the best when it comes to u.s banks but keep in mind it's very specific to u.s banks so a little bit higher risk just because it's a very specific exposure compared to inc dot u1 this one i prefer it a little bit more when it comes to financial because it has about the same yield that has really high yield but it also has canadian banks and u.s banks and also life insurance companies etc this one is a little bit really specific to us banks but i still like it because [ __ ] are some of my really favorite cover call etfs that i trust the most the next four are from ci first asset one another one of my favorite cover call etf providers they're really smart with the uniqueness of their funds and they're really specialized not in region like [ __ ] is but in sector so fli one of my favorites very very unique because it has its financial but it only has life insurance companies so the top 10 life insurance companies in north america seven from the u.s three from canada really really high yield and it's done absolutely phenomenal over the years especially 2020 so to be honest with you the ci first asset cover call etfs have really done extremely phenomenal in 2020 because as you know um the covered call premiums actually go up with volatility so there was a lot of volatility in 2020 that's why the income for these guys were really high in 2020. keep in mind though that their um their dividends are not monthly they are quarterly and they do vary so a little bit annoying to keep track of them or track the income but it's still very much worth it so that's fli nxf is concentrates on energy one of the only energy specific funds that i have what i like about this one and here again attest to the uniqueness of ci first asset um they have um you know like the fun says energy companies but they don't have any canadian energy companies i thought that was really interesting uh keep in mind that you know if you get something like zwc you're gonna get plenty of uh you're gonna get a couple of energy companies focus in canada so this is a really nice way to get more global energy exposure i really like it a lot of companies in china here and places like colombia and france and really places even norway i believe so really cool exposure here txf is my go-to when it comes to pure technology stocks obviously most of the stocks are going to be us you know like apple microsoft amazon visa amd the chip makers are there too so really good way to get a lot a high yield of technology stocks which is very hard to begin with because a lot of technology stocks either don't have a dividend or have a really small dividend so this fund has done extremely well in 2020 it's giving out a lot of high dividends as well cg xf uh is for gold miners and producers so uh this also has done pretty good because of the high volatility with gold keep in mind that this focuses on the gold miners and producers not on the commodity itself uh the next two are my favorite two from harvest another one of my favorite cover call etf providers hhl is definitely their flagship etf it has 500 million in assets it's their biggest fund and it focuses on healthcare so this is really my go-to when it comes to healthcare exposure uh you have amazing companies here hutl i really it's also utilities and telecom very similar to zwu but the uniqueness of it is that it's global it doesn't focus just on north america so if you look at the hutl in detail which i suggest you do it has a lot of global exposure places where you'll be surprised and hard to reach places like spain norway sweden et cetera a bunch of cool places which is harder to reach so really cool fun to get some good access to utilities and health care outside of north america idr one of my go-to's for real estate i know uh i've talked about this fund many times i love it it's probably my favorite um reit etf it's the one of the only ones that doesn't have a cover cost strategy however it's managed by middle middle field really real estate experts my next two are from globalx these are my other two funds that are us-listed stocks i keep a lot of uh qyld and ryld in my rrsps as well but ql qyld i absolutely love i made a recent video about this um it basically sells covered call options on the nasdaq 100 index and we all know what's in the nasdaq 100 index it's mostly technology companies so it complements txf really nice roi ld same concept as qyld except it writes um a covered call options on the russell 2000 index which is an index that tracks about 2 000 smaller than mid cap us companies so a good way to get exposure to some smaller u.s stocks that you don't really hear about keep in mind that qyld and ryld have really high covered call income because they sell at the money uh call options instead of uh out of the money so it means that you're really sacrificing the entire upside but the trade-off is you get a massive amount of dividend as you can see here i'm hitting nine high nines and this is even with the 15 uh withholding tax reduction so really really good hgy uh this is um complements cg xf well because it focuses on the gold commodity itself so this this etf holds physical gold the etf is backed by physical gold but it manages to give a really nice dividend yield of about high five low six percent because it actually sells covered calls on it so very very unique one of the best ways that i found to actually get dividend income uh with physical gold hmmj is where i get my cannabis exposure so this is one of the only etfs i really have in my fund that's more for growth and not income i'm i really think cannabis will explode in the next couple of years i think it might take a long time um but this etf has a unique feature that it actually gives a quarterly dividend because of securities lending i made a few videos on just this etf so check it out if you're interested but are probably the only way to actually get some dividends even though it's not the main purpose and they will vary quarterly but one of the only ways to actually get income off cannabis stocks which uh most of them do not have a dividend anyway all right moving on to split share funds uh really the cash cows of my account uh we all love split share funds right the income is just through the roof so i've did a little cleanup and um i only own six right now and i'm not planning to own more anytime soon um these really six are my my favorite ones so you have dfn uh and ftn from quadrupes so dfn and ftn are really the flagship products for quadravest like i explained earlier dfn is like ds's older brother it has 15 canadian dividend stocks in there it's been around for a really really long time and it only recently missed a few uh four dividends in 2020 but besides out it's been giving the dividend for over a decade so really really solid and definitely the flagship split fund that i have ftn is focuses on financial only uh just financial stocks a little bit more dangerous i would say than than dfn it recently had a uh share price consolidation so i basically lost sixty percent of my shares unfortunately and that's why the dividend yield is a little low here at 9.90 but actually now would probably be a good time to pick it up if you're interested in this one um the next three are from brompton i really like the brompton split funds and i'm starting to like them a little bit more honestly for the quadrupest ones over the quadro west ones because they've been they performed really well and i've recovered a lot quicker or the unit nav has recovered more um over dfn and ftn so lbs is the uh it holds 10 stocks uh the the six big canadian banks and the four canadian life insurance companies so stan 10 financial stocks are total uh the big highest yield that i have um in my account i really like it sbc and gdv are really the uh and even ens i would say these are the three safest split funds i have so sbc focuses on the big six canadian banks i had a really phenomenal performance in 2020 simply because they did not miss any dividends which is was very hard to do in 2020 with a lot of volatility and now the unit nav is over twenty dollars uh which makes it a really safe you know over twenty dollars which means it's way over the 15 unit nav threshold so if you're asking me which are the safest three split corps right now it would be these three for sure gdv i love it it's very unique uh split fun because it very very diverse it's called the global dividend growth split fund um so it focuses on uh really worldwide global dividend stocks it has like over 50 stocks in it which is very unique and usually um they have you know either 15 or uh 10 or six stocks or even one stock but gdv is really special because it has so many stocks which i find is good because it just adds more safety stability uh because of the diversity right so this one has not missed a dividend ever yet but it's relatively new uh i think it's just a couple of years old ens of course this is where i get my enbridge exposure so instead of buying enbridge directly i get ens it's a split fund that only holds one thing enbridge and the unit nav is really good it's about 20 bucks or even more it has not missed a dividend ever and it's one of the only uh split funds that has increased their dividend i've never seen that uh ever except for ens so a really solid way to own uh enbridge which is the crown rule of the canadian energy sector all right moving on to my single reits and stocks now so i really love reits i own a lot of them it makes complete sense for me because i don't own any pro any physical property so it makes sense that i own a lot of reits here now of course you don't have to buy single reits guys i know i promote them um and uh but you could you could just simply buy a reit etf it's the safer way to go but i really like single reads as well i like to mix it up especially the smaller ones i don't have many of the big cap reads simply because big cap reits are the ones that are usually always included and read etfs like idr uh etc so most of these are really the smaller cap reits which are not included in those funds so they're really high income they're good income but they're also good for growth potential right because they're always trying to grow but they are not immune to dividend reductions as you can see there's some red here so anything that's light red is a dividend reduction green is a dividend increase and uh solid red is a zero just a dividend cancellation which i got here so let's go through them one by one i won't go too much the detail but uh proreat btb reit uh very very similar in what they do they're mixed so there's some industrial there's some office there's some retail uh they both had a actually so similar that they both reduced their dividend in 2020 by 29 which is not a really uh the biggest deal in the world i think their payout ratios were already a little bit high so they did a little reduction i i bought some more i actually bought a lot of single reads and more in 2020 so i boosted my dividend yield as you could see 7.5 7.5 not bad uh mel core read is definitely the smallest one out of all of them it focuses on a commercial real estate mix as well so office retail industrial in western canada it's very very small and it recently announced a dividend increase which is great so it reduced its dividend in march reduced it by 47 but then it increased it back a little bit uh this month which is good so i'm at 7.59 um this one here more guard read it's still definitely the one that took the biggest beating out of all the single reits i had and it's simply because they own a lot of enclosed malls uh which you know it hasn't been great because of covet so i did pick up some more um and increase my dividend yield but this one i reduced their dividend by 50 percent back in april but the good news is you know dividend reductions everyone thinks they're so horrible but they're not so bad they present an opportunity to buy more shares because usually when a dividend gets reduced people panic people get nervous they sell a lot of shares the stock price goes down and that's where people like me and you could come in and pick up some really cheap shares because we are buy and hold investors right so i picked some more and i'm almost at seven percent here uh but now would be a really good time to pick this one up to be honest more guard nexus and firm capital have to be my two top uh performers because uh they have not reduced their dividend and nexus reit actually recently graduated from the tsx venture to the tsx so really nice high eights here um firm capital which was us my read pick for the month of february uh keeps increasing their dividend every year which is simply phenomenal now the two big cap reits that i do have is ryokan and smart centers they're very similar style they're they have a lot of retail but they're going more and more into apartment buildings residential especially smart centers ryokan is really focused heavily on retail that's why they had about time and of course like we all know they reduced their dividend in december uh and they reduced it by 33 so i'm only making five percent here on rio can well i keep it i'm not sure um i might sell it if i break even on it i definitely won't sell it at a loss uh smart centers has held strong so i'm really happy about that at solid seven about 61 percent here and it has a good reputation to increase the dividends as well the next two uh the next ones are all a small cap as well uh like i said ryokan and smart centers are really the only big cap reits that i own slate grocery has to be my favorite one out of all of them to be honest i have the most money 15 000 i really like the concept and the uniqueness of it they invest in uh grocery anchored real estate in the u.s so not only is it specialized into essential tenants but it's also in the us so it's great for us canadians who want to get some exposure in the us because most of these reits as you can see are all in canada so really nice dividend yield here of 10.19 definitely my my all-star when it comes to small cap reits slate office i really like as well so they're both from the same company called slate capital and this one focuses on well the next redo focus on pure office real estate which everyone is running scared of now because they think nobody's going to go back to the office and everyone's gonna work from home forever which is complete nonsense if you ask me so um some great value in the office reits i've picked some up during the crash and as you can see i got some really really nice yields and they have all uh recovered substantially not all the way from the covet lows but really good performance from the office suites a lot more a lot better than retail because a lot of these office reads uh their clients are really government clients high credit clients like i discussed in other videos so these are my office reits here slate office true north commercial and innova-less reit novelis is the unique one because it focuses on office buildings in europe in france and germany whereas the other ones is really north america and canada the worst one and no surprise is american hotel income properties reit uh they suspended their dividend completely i've never seen a redo this but i guess they had no choice because their hotels were empty because of kovid i'm down a little over fifteen percent fifty percent on this one i think it's at three dollars and something so i'm gonna hold on to it i have a feeling they will re-enable their dividend eventually when i don't know could take six months could take a year but i definitely wouldn't sell it even though unfortunately it's the worst case scenario for me right for an income investor is a stock not gender not generating any income at all so we'll wait and see and maybe i'll sell it maybe i won't i'm not sure and finally the single stocks that i have left over so i only have uh 11 of them believe it or not so this is where most of the cleanup that i talked about earlier at the beginning of the video happened i cleaned out a lot of single stocks that were either very disappointing or they had cut their dividend or i just decided to swap them out for other things i have kept a couple of them but as you could see three of them have currently suspended dividend so let's go through them one by one boston pizza this one i do like even though they reduced their dividend even sorry they even suspended it uh this year but they reinstated it and i picked up some more shares so i have a pretty decent yield of a little over seven percent anything over seven i'm not going to complain um so what i like about this one is it's really technically an income fund as you could see a dot u n but i didn't put it in the section up here because i still consider it as a single stock or a single business that's why it's in the single stock section so boston pizza obviously we know that is right it boston pizza royalty sorry it's it takes all the royalties from all the franchise uh restaurants of boston pizza and it gives it to us the unit holder of this fun uh vermilion energy oh what can i say about this one complete and utter disaster this is why uh this is what made me take a solemn vow to never invest in a single uh energy producer stock or energy production and exploration so this is an energy company in canada although it's diversified it has some assets outside of canada like in europe um it did horrible i mean i lost i'm down like 75 on it or something like that something crazy like that they suspended their dividend they fired their ceo or they say he retired but i think they fired him um so i cannot wait to get rid of this one this is definitely one i will get rid of even though the company said that they might reinstate a dividend soon um but yeah stay the heck away from this one key era uh not so bad this is like a mini enbridge so this is a midstream okay an infrastructure energy infrastructure company not an oil and gas exploration and production company and it's held strong i mean it hasn't touched its dividend and i haven't sold it even though i'm not making much on it 5.89 it's still not bad um but definitely a contender for me to sell it but only if i break even on it i don't want to take any losses afcc uh has been an all-star for me i mean this is one of the few rare um funds or stocks that i bought a while ago back when i was uh went on a shopping spree after i sold my condo and it has not cut the dividend i mean it's very very surprising i'm getting the highest yield of 12.42 and this is a very unique company it's listed on the tsx venture by the way it's very small they provide especially finance to car dealerships or people who want to buy and consolidate car dealerships there's a lot of inside ownership in this company i think the ceo owns like 25 of the company so very small and hey 12 doing pretty good for me i definitely wouldn't buy more because i consider this a high risk stock but hey if you got some money laying around and you already have a nice baseline portfolio uh a couple of grand in afcc uh it wouldn't be a bad idea right at 12 i think now it's even higher because uh that's a 1.65 i think it's not now at a dollar 55 so you might even be looking at 13 dividend yield right now alaris equity partners income trust what a story with this one this one actually was a regular corporation and then they turned it into an income trust that's why now there's a ad.un so it's a single business as well like boston pizzas that's why i didn't put it in the income funds section at the top so very unique idea i really like it even though they uh reduce their dividend but they already started re-raising it at a dollar 24 now so pretty good i'm making 7.39 and right now it's giving about the same thing it's about the same price so i'm broke even on it they provide specialty finance to uh small to medium sized businesses and what they do is they lend them money and they actually buy it not buy i wouldn't say buy a piece of their company but they get preferred shares in return for lending them the money so they really take i would say this is a really royalty play they're getting royalties from uh the companies they invest in or they help out diversified royalty would have to be my favorite one out of the single stocks that i have very unique concept i mean it's called diversified royalty what more can you want it's royalty income from business partnerships so they have about five if i'm not mistaken five or six uh partners and uh they basically just bought the trademarks for those companies and get the royalty streams of their uh or a certain percentage of uh income in the form of royalty stream so very very unique very very good definitely one of my top picks here reduced their dividend by only 15 percent uh and i bought more shares when they did that so i'm making a really solid 8.93 and i have a feeling that they'll probably re-raise it back to 23 cents once this covet nonsense is over uh which will make me get over 10 yield so i can't wait for that one decisive dividend what a story with this one as well i really really like the concept they basically buy out it's a very small fund by the way it's also on the tsx venture they buy out small manufacturing companies in canada and they run and manage them and uh basically you get the royalties or the money from those little businesses that they buy out they have five now and um they suspended their dividend as soon as kovit hit they say out of an abundance of caution now if you look at their latest quarterly reports they're all very very good so uh i think the the guys managing this company are very very cautious guys i had some back and forth with them via email very nice guys they actually answered me um and i'm pretty sure they're gonna re-enable their dividend or they say they would in the first half of 2021. so i expect a dividend re-enable reinstatement here anytime so i'm definitely going to keep this one a really good buy right now if you're willing to wait for that dividend reinstatement exchange income corporation same concept as decisive dividend they buy out companies except this one is much much bigger it's over a billion dollar market cap and they specialize in buying aviation uh and manufacturing companies so you would think they would you know they would be in trouble because of the airlines but no they're so tight well diversified they managed to stay strong and um they have not cut their dividend this is really a dividend uh stock so i mean the whole point is to provide shareholders a dividend just like decisive dividend diversified royalty equity um alaris equity so a really good one here but you definitely won't get nine percent yield on it now now it's about six chem trade logistics income fund a very interesting one it's also an income fund so you have the dot un they sell industrial chemicals um this bad part is that the industrial chemicals they sell is for the paper industry and the oil and gas industry so two declining industries i wish i would have knew that before investing um they also chopped their dividend in half in march of 2020 it was a dollar 20 for like over a decade and then they chopped it to 60 cents which i feel is very very safe now that's why i picked up some more shares and boosted my dividend yield to 6.77 right now i think it's giving a dividend yield of about nine percent so uh pretty interesting if you're willing to take a little chance on this one ivq is my second worst disaster after vermilion energy so the premise behind this talk is that they own real estate uh specifically senior healthcare real estate so there was really only three senior healthcare real estate stocks in canada extendicare exe which i owned and i sold sienna senior living and this one invest unfortunately i chose the one which did the worst and suspended their div the dividend the other two did not so i chose wrong i'm down about 65 on this one i don't know what's what's the deal with it why they had to suspend the dividend if they did it also from an abundance of caution so i'm gonna i have no choice because i'm down on it so much to really hold on to it uh so that's invest last but not least bridgemark real estate services uh the company is actually owned by brookfield asset management uh this company used to be called brookfield real estate services i don't know why they changed it to bridgemark i have no idea but it's owned by uh brookfield and this although i classified as as real estate it's not reits or physical property it's really broker services so their main brand that these guys own is royal le page i know you've seen the posters out there when houses are for sale in canada they're very big in canada they also on two own two smaller brands i think it's via capital and johnson and johnson or something else something like that so this is how a very unique way to get a piece of those high commission uh commissions that real estate brokers make i don't know about you but i'm jealous whenever i see them i know they make good money real estate agents make really good living because of those commissions so hey why get mad just join the fun and let's get a piece of it that's what i say so that's why i invested in bridgemark the stock did a really poor or it tanked during covid obviously because of the lack of home sales in canada but actually they recovered very very quickly and now the stock price is uh just about the same a pre-covet so it held on really really strong i'm really impressed and i think it's going to continue to really be able to provide the same dividend going forward because housing is very hot in canada especially in vancouver toronto and montreal so i see this doing well for a really long time i don't see them uh not being able to provide their dividend that they've been providing for a really really long time so i was lucky i got it really cheap at uh 12 and 60 cents i think it's at 14 or something but it's still giving a solid dividend yield of something like nine percent now so this is definitely one of my favorite single stocks if you would ask me now which ones i would uh own or like to keep it would only be about seven of them it would be boston pizza alaris diversified royalty decisive exchange and the bridge mark how much is that one two three four five six okay we'll add afcc as well so uh these are the only ones that i would keep like i keep mentioning in my videos lately i'm getting away from owning single stocks because they're simply more they're re they're more at risk the cut or suspend dividends as you could see here most of the damage uh that i took when it comes to dividend suspensions and dividend cancellations or reduction sorry is my single reits and single stocks so single reads performed a little bit better but they're still uh you know there's still a risk and this is pretty much why i don't get many single reits anymore uh and stocks just simply because of the risk there all right so grand totals guys um capital gains uh all the capital gains i've made throughout the year since 2012 84 76 it used to be a lot higher uh and it's it's lower now because of the big capital loss i took in 2020 and if you're asking yourself well how did i make these capital gains uh back in 2013 14 15 well keep in mind that um i only became a passive income investor really starting in 2018 mid 2018 uh mid 2019 really so that's why i was there's a lot of capital gains here this is basically from trading stocks which i don't do anymore complete waste of time if you ask me too much time and effort um total dividend 73 dollars so add these two together and you get the lifetime profit i like the call of a little over eighty grand my total investment so this is how much money i put in is just under six hundred and forty thousand my average dividend yield is 9.77 percent i still am shocked when i see this uh it's very very high i can't believe it but hey that's what you get when you're an income investor you get high uh dividend yield right and this also includes by the way the stocks that have suspended their dividend so if you actually remove those four stocks uh it's actually over 10 which is just crazy so average monthly income of passive income that i'm making a little over 50 200 a month money made back with dividends uh uh really a nice key stat i like to follow is really the the total dividends divided by your total investment so this basically means that i've made back 11.43 of my money so far in dividends alone so here's the breakdown guys i broke down the four sections uh income funds etfs split single reits and single stocks so this is the percentage of my portfolio in terms of monetary value and this is uh the uh the income percentage that they're providing me so income funds 15 i like i like 15 for income funds i think it's good uh good number i definitely wouldn't let it go over 20 of my total portfolio it's making almost 20 of my income it makes sense because income funds are very give really high yields etfs is really the bread and butter of my portfolio this is what i'm going to be focusing on this year for sure to boost this number up to about 30. i would feel comfortable this is between 30 and 35 percent they're mostly covered called etfs right that really perform well during volatility so covered call the etf is really what makes me sleep well at night a nice chunk of my income here 22 percent dts provide me split funds um i feel personally comfortable uh of having 15 to to a maximum of 20 of my money in split funds i wouldn't uh put more than 20 percent of my holdings even though it's very tempting i know i've gotten some questions say hey why don't you just put everything in split funds well listen it's very very tempting and you can make a lot a lot of money but what happens during a stock market crash if a lot of split funds start missing dividends well you're in big trouble right so i always like to have a balanced approach to everything guys um so even though they make up 19 of my portfolio uh they give 26 26 of my income comes from splits split funds so very very powerful funds here for income and then you have single reits in stock so 23 uh single reits and 15 single stock so by increasing my plan is really to keep focus more on etfs going forward which will reduce these two percentages which is what i want i mean don't get me wrong i still love single reits much better than single stocks but i mean this is where most of the risk is if you're an income investor because these are the the stocks the single ones that are more at risk reduce or suspend their dividends that's why i'm going more into etfs going forward in terms of a sector breakdown this i made just as an fyi for myself so most of the funds are really mixed sectors a lot of financials uh which makes sense because uh they're really the cash cows when it comes to dividends i i do want to reduce this a little bit uh to make it you know not so big under 20 i would feel better here a little bit more mixed let's say real estate since i have a lot of reads makes sense for me i don't own property like i said so i'm comfortable having even a quarter of my portfolio in real estate would make sense for me personally and then the rest is just you know sector specific things like utilities telecom and energy industrial healthcare etc etc so there you have it there you have it guys that's my entire income portfolio in black and white so as you could see especially if you're a long time follower of this channel i own what i preach right i wouldn't feel comfortable suggesting a stock or a fund without owning it myself keep in mind guys also that this is a pure income focused portfolio really designed for high income and not growth or capital appreciation it's a strategy and style that fits my personality and we love it i mean this is what made us financially independent in the first place at a relatively young age and the proof is in the pudding right so please visit our website guys passiveincomeinvesting.ca to access my digital product that i'm very proud of the ultimate dividend passive income investing package which includes a huge list of etfs split funds uh reits etc all really designed uh to help you build your own income portfolio it's only 20 right now but it might go up soon to make make sure you pick it up and also keep in mind that if you purchase the product you only have to purchase it one time if ever i come out with an updated version let's say a year from now or six months from now you will get the updated version for free you won't have to buy it again that's the reason why we ask you to sign up so we could get your email address so if there's a new version we'll automatically send it to you for free so there are also a bunch of other free tools on our website guys to really help you out on your investing journey like a budget tracker a blind copy of my portfolio template which i just showed you so you could use it as a template to really track your own investments and of course uh an updated copy of my new and improved portfolio which i just unveiled to you you could also book a one-on-one video consultation with me personally if ever you have a questions to ask me uh you want help building a portfolio want me to review your existing portfolio uh whatever your needs are i'll do my outmost to help you out and answer all your questions i've done dozens of them already and they seem to be really helpful for you guys and honestly i love doing it it's really fun to meet new people and really help them and make them feel more comfortable uh investing and explaining my strategy so it's been great so far and another thing if you do book that one-on-one with me i will give you the ultimate dividend package for free i think it's only fair so as always guys please support me and this channel by hitting that like button it's free for you and it helps the channel out so it's a win-win and finally make sure you're subscribed so you don't miss out on my future content and community posts uh which i started using on passive income investing which is it's really all designed to help you guys on your own journey uh we're also on instagram so make sure to follow us there if you use it my mission remains the same guys it's to help everyday working canadians to invest on their own in order to uh build their own stream of passive income which will enhance your quality of life so with that take care guys stay safe and see you next time [Music] you

Channel: Passive Income Investing

Views: 154,651

Rating: 4.8996272 out of 5

Keywords: Passive income investing, how to make passive income, how to make money, how to be financial independant, how to invest in stocks, what is a dividend stock, Canada stocks, Canadian stocks, etf investings, dividend stocks with highest yield, dividend stocks canada, dividend stocks in canada, dividend stocks on tsx, dividend investing canada, portfolio reveal, my updated portfolio reveal, adrian portfolio, dividend passive income, dividend investing, dividend income

Id: _dwpa-BLzGQ

Length: 49min 32sec (2972 seconds)

Published: Thu Feb 04 2021