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Thread: DIVI CENTS JOURNEY.

  1. #11
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    Quote Originally Posted by Janus View Post
    What's your approach to DIY equities?
    Thanks for reading Janus. I was going through your Journey and i'm very impressed with your savings %. I know many people who earn a lot more money then I do but are broke.

    An old quote by some smart guy goes "It's not how much money you earn, it's how much you keep".

    I firmly believe that the percentage of the income you save will dictate you financial future much more than the money you earn on a pay stub. Janus, your financial future is bright if you can keep the course.

    My approach to DIY investing is very simple yet easy to stray from. To put it simply, i'm a value investor with a passion for ever increasing dividends. It took me a long time to get here but as Warren Buffett says " Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." Sounds easy but it's not. With every screaming head yelling at you to buy TESLA! APPLE! ect ect it's easy to loose focus. Luckily I've lived through some of that with Nortel and some others (not to say APPLE or TESLA will implode, they are just not in my wheelhouse).

    My basic rules are:
    1) Never buy a stock to try and sell it fast. Minimum period i'm looking to hold is 2 years.
    2) Try to have a P/E ratio under 15
    3) Think to myself "will this companies business model be relevant in 10 years (fax machines)
    4) Must pay a dividend
    5) NO PENNY STOCKS!!
    6) *Should be on Aristocrats list* https://en.wikipedia.org/wiki/S%26P_...nd_Aristocrats
    7) If I buy a stock the Payout ratio needs to be low, nothing in the top 75% dividend needs to be sustainable. If it's a REIT The AFFO should be under 90%
    8) Make sure the debt is in order. Debt is okay in a bull but in a bear your debt is going to sink the ship. Current Ratio above 2 is looked for.
    9) Never follow a hot tip. EVER. Remember there are people out there who's only job is to promote a garbage company hoping a fish will bite. Don't get hooked! When I was working in Fort McMurray I would constantly hear from people "Hey man you hear of company XXXX?, my brother works there and they just did XXXX, you got to buy some of their stock. It's $0.12 right now but it's going up to $3.00 in a few months for sure" I would shrug but the guys beside me would usually take the bait. I'd warn people about "pump and dump" but people seldom listen to good advice.

    Well that was a long reply!

    Cheers
    Steve


  2. #12
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    July 2016 Update.

    I'm just going to track the things that change month over month and do a year end total NET update.

    JUNE 2016
    TFSA-$63,163.89
    RRSP-$74,402.00
    Savings-$26,950.89
    Pension-$125,205.00
    TOTAL at the end of June $329,720.89


    JULY 2016
    TFSA-$62,829.00
    RRSP-$74,190.00
    Savings-$28,040.00
    Pension-$165,545.00
    July total = $330,604.00 Month over month of 0.3%


    Total Dividends were $380

    Summer is always slow and I haven't worked or saved much. Have to enjoy family life too!

    Cheers
    Steve
    Last edited by Steve Divi; 2016-08-14 at 03:37 PM. Reason: Pension was higher than my calculations

  3. #13
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    Updated my pension to match the statement I received from the Hall.

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  5. #14
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    Well done Steve.

    Keep on building the war chest
    Hidden Content - Working on a $1 million portfolio and $30k per year from it.

  6. #15
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    Thanks My Own Advisor.

  7. #16
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    August 2016 Update.

    I'm just going to track the things that change month over month and do a year end total NET update.

    JUNE 2016
    TFSA-$63,163.89
    RRSP-$74,402.00
    Savings-$26,950.89
    Pension-$164,205.00
    TOTAL at the end of June $329,720.89


    JULY 2016
    TFSA-$62,829.00
    RRSP-$74,190.00
    Savings-$28,040.00
    Pension-$165,545.00
    July total = $330,604.00 Month over month of $884 and 0.3%

    August 2016
    TFSA-$62,100.00
    RRSP-$74,900.00
    Savings-$30,540.00
    Pension-$166,845.00
    August total = $334,385.00 Month over month increase of $3,781 and1.29%


    Total Dividends I received in August were $501

    Now that September is here I hope to start making some hay!

    Cheers
    Steve
    Last edited by Steve Divi; 2016-09-06 at 11:51 AM.

  8. #17
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    Quote Originally Posted by Steve Divi View Post
    Non Reg is Canadian bonds in the form of ETF's (XLB, CLF ect)
    Hi Steve, congrats on the great financial profile. This is looking really good!

    You mention that in taxable non-registered, you're holding bond ETFs. The generic bond ETFs (and XLB is particularly bad for this) hold "high coupon" bonds, and those coupons result in high taxable income (categorized as interest income). But there are ways you can improve this to reduce your taxes, and therefore increase your returns. A couple bond ETFs are very well suited to holding in taxable accounts.

    HBB: a swap-based "total return" bond fund that pays no distributions (not even interest). This is a bit exotic, and some of us have hesitations about this thing, but it has a good track record and so far has delivered as promised.

    ZDB: a more conventional bond fund. This one holds low coupon bonds which is a strategy that greatly reduces the taxable interest income. Nothing exotic about this one, and it really shows a significant benefit in after-tax return as a result of the strategy.

    Some more info can be found in these threads
    http://canadianmoneyforum.com/showth...SB-For-Example
    http://canadianmoneyforum.com/showth...verse-Bond-ETF

  9. #18
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    I really appreciate your input james!

    The only reason i'm holding those etf bonds there is because my TFSA and RRSP are at the limit.

    I'm going to look into both of the funds you listed and check them out. I just hate holding onto plain cash but want to keep some in reserve for a correction. Any other suggestions would be appreciated.

  10. #19
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    JUNE 1, 2016
    TFSA-$63,163.89
    RRSP-$74,402.00
    Savings-$26,950.89
    Pension-$164,205.00
    TOTAL at the end of June $329,720.89


    JULY 1, 2016
    TFSA-$62,829.00
    RRSP-$74,190.00
    Savings-$28,040.00
    Pension-$165,545.00
    July total = $330,604.00 Month over month of $884 and 0.3%

    August 1, 2016
    TFSA-$62,100.00
    RRSP-$74,900.00
    Savings-$30,540.00
    Pension-$166,845.00
    August total = $334,385.00 Month over month increase of $3,781 and1.29%

    September 1, 2016
    TFSA- $61,300
    RRSP- $75,000
    Savings- $31,500
    Pension- $167,340
    September total = $335,140. Month over month increase of $755 or 0.24%

    October 1, 2016
    TFSA- $61,700
    RRSP- $78,350
    Savings- $33,950
    Pension- $168,209
    September total = $342,239. Month over month increase of $7096 or 2.12%


    Total Dividends I received in September were $717

    October should be a great month.

    Cheers
    Steve

  11. #20
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    JUNE 1, 2016
    TFSA-$63,163.89
    RRSP-$74,402.00
    Savings-$26,950.89
    Pension-$164,205.00
    TOTAL at the end of June $329,720.89


    JULY 1, 2016
    TFSA-$62,829.00
    RRSP-$74,190.00
    Savings-$28,040.00
    Pension-$165,545.00
    July total = $330,604.00 Month over month of $884 and 0.3%

    August 1, 2016
    TFSA-$62,100.00
    RRSP-$74,900.00
    Savings-$30,540.00
    Pension-$166,845.00
    August total = $334,385.00 Month over month increase of $3,781 and1.29%

    September 1, 2016
    TFSA- $61,300
    RRSP- $75,000
    Savings- $31,500
    Pension- $167,340
    September total = $335,140. Month over month increase of $755 or 0.24%

    October 1, 2016
    TFSA- $61,700
    RRSP- $78,350
    Savings- $33,950
    Pension- $168,209
    September total = $342,239. Month over month increase of $7096 or 2.12%

    October 1, 2016
    TFSA- $61,239
    RRSP- $75,063
    Savings- $40,178
    Pension- $169,500
    September total = $345,980. Month over month increase of $3741or 1.09%

    Total Dividends I received in October were $479

    October was Not a greart month, Oil collapsed again and I own 5 oil companies

    November should be better.

    Cheers
    Steve


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