Dividends | June 2021

The turbulence of the pandemic and daily life meant I had not tallied my dividends in several months (if not a year!). I was not sure how much I made in June of this year but when I checked last week, I was pleasantly surprised. Just over eighty dollars.

Below is the breakdown of my TFSA, RRSP, as well as a synopsis of my various Wealthsimple accounts. I have a mix of self-directed (grandfathered from Wealthsimple’s takeover of Canadian Shareowner a while back) and an artificial intelligence portfolio for my kid’s registered education savings plan. This list does not include my husband’s investment accounts or any of our cash savings accounts.

My latest stock purchase this month was McDonald’s. I only bought 1 share with the extra cash in my Wealthsimple account. I’ve been buying way too much coffee at McDonald’s (new baby) and need to recoup my expenses!

I stand corrected – my daughter purchased McDonald’s, I just helped her (watch here). FYI when my Canadian Shareowner account was transitioned to Wealthsimple my shares stopped DRIPping and the dividends had been piling up since January.

Questrade Portfolio

Current Value:
Cash – $448.18
TFSA – $18,392.71
RRSP – $6,941.83

Total dividends: $80.37

ZRE (TFSA) – $4.50
REI.UN (TFSA) – $3.44
PLZ.UN (TFSA) – $14.95
PLZ.UN (RRSP) – $35.11
XHD (TFSA) – $3.65
XDV (TFSA) – $12.00
ACO.X (TFSA)- $6.72

*As of June, my PLZ.UN dividends are automatically reinvested (Synthetic DRIP)

Wealthsimple Portfolio

Invest (A.I. investing)

RESP (Risk level 10) – $10,363.77

Trade (Self-directed, non registered)

Current Value: $3,474.55
Current Holdings:
AFL – 1.6762
AIG – 2.2014
BNS – 1.2938
BRK.B – 1.35
C – 0.9622
CAR.UN – 1.9244
CM – 0.8822
CWB – 2.6702
JNJ – 0.9782
MCD – 1 (Just purchased)
NA – 1.555
PNC – 0.4756
RY – 5.0961
SNV – 1.5417
TD – 1.3304
USB – 1.4915
VWO – 2.0556

Crypto
Account Value: $1088.22
Bitcoin – 0.02721

Coinbase


Total Account Value: $942.83

Coins
Ethereum
Bitcoin
Stellar Lumens
Cardano
Compound
Celo
The Graph
NuCypher

So far, I am very pleased with Wealthsimple’s A.I. portfolio manager, especially now that I am busier. I fund the account with weekly automatic deposits of $125 ($25 per kid). Baby #6 will be added to the RESP shortly, bumping the total weekly deposit to $150. Dividends in this account are automatically reinvested, however the downside for curious folk like myself is that I don’t get to see which company is paying and how much. I just see the total amount reinvested.

This month I am setting up an automatic deposit on an A.I. led personal account at Wealthsimple. I will be starting with $25 a week.

Also, after to speaking with our accountant this past month, he encouraged us to stop putting money into both our RRSPs and focus on our TFSAs due to our low family income. Figuring out how much I can put into my TFSA will be a bit finicky. I have plenty of contribution room in my and my husband’s TFSA however, this summer we are building a fence and replacing our minivan (we need at least 8 seats). Also, 2 weeks ago we splurged and got a Thermo Pump also known as a air conditioner in the rest of the world (LoL). We are hoping to purchase our wood from a relative to save on lumber costs and the van will be used of course. This will hopefully save us a few thousand. Once some extra cash is available my plan is to add some funds to get XDV dripping. This should get my monthly dividends in Questrade up to $100 a month.

That’s it for June.

Happy investing!

Heather