Purchases | September 2018

Hey everyone,

I am very pregnant right now. Like a breathless beached whale. However, even though I waddle around slowly like a penguin, my money is still working for me.

This September I didn’t purchase any new companies but I focused on bulking up the ones I currently own and hold in my TFSA.

I purchased 23 shares of Laurentian Bank at $44.40 dollars, for a total of $1026.23 including commission. This is all in keeping with my 2018 goal of $1000 per month in new month and keeping fees below 2%.

Lately Laurentian Bank has been trading lower than my original purchase price average. With this month’s buy, it brings my holdings in Laurentian up to a similar dollar amount compared to the other companies I hold in my TFSA.

My new total holdings in Laurentian Bank is 38 shares. The great news is that earlier this year Laurentian increased their quarterly dividend from $0.63 to $0.64. 

So far, this company has proved to be a good holding.

Happy Investing,