DIVIDENDS!

I received $676.99
in dividends in JUNE.

Every quarter there are 3 months or dividend payouts, this is the largest one.

My total dividend haul this year is now $2840.

The thing I enjoy the most about a dividend payment is its permanent, no do-overs. It’s money in the pocket that I can spend however I see fit. It’s my little piece of the pie and it is delicious!

 

Market Musings

Brexit!

Well, that was a shock. When I woke up in the morning and read the news I almost choked on my coffee. When things like that happen the investing wheels start spinning into high gear. What should I do? Panic sell in fear of a crash? Should I hold on and wait the market out? Nah I went shopping!

Like I said last month, if I see Franklin Resources dip I would pick up some more. I added 75 shares at $32.50 USD. Now I didn’t go crazy because I like to keep a good portion of my portfolio in cash or equivalents so I can really spend in a full out crash. It’s always prudent to keep money in the banana stand. This in my opinion is just a blip though it could have many unknown consequences down the road. Still feeling bearish and I am still dreaming for a large market crash. When you are a net buyer, it’s better to buy on the cheap!

 

OIL

Still hoping on $60 oil to exit some positions I picked up when it was low $30’s. I’m not a big fan of oil or any commodity that can swing so quickly. That being said, I would still keep one oil stock that has shown to be far and above the other companies in the sector. Suncor TSE:SU. Of all the companies I have followed in the oil business Suncor has shown to be the best in terms of leadership and smart moves during the downturn. READ THIS. CEO Steve William is buying up gems while other companies are getting squeezed out. Suncor looks to exit this downturn in a better position than when it entered, not many other companies can say the same.

Moves in JUNE

Total Purchases $5406

Total Sales $0

I bought 80 shares of TSE:XLB Canadian Long Term Bond ETF for $24.61 per share for a total of $1968. This brings my total share to 80. I plan to add more of this next month unless the market drops. My plan it to buy more shares if the DOW gets as low as 17000. I don’t see Brexit causing this but I hope it does /devious face.

I added 75 shares of BEN Franklin Resources for $32.50 per share for a total of $2437. This brings my total shares to 150. This company has a great balance sheet and has increased its dividend payment every year for over 25 years. Franklin dividends history. This is one of those companies I just plan to forget about. Safe, oversold and has an ever-increasing payout.

I bought 70 shares of TSE:PZA Pizza Pizza Royalty Corp $14.30 per share for a total of $1001. This brings my total share to 220. I had previously bought 150 shares at $13.75 and wanted to bring my total up high enough to buy 1 extra share on a monthly drip. My monthly dividend from this company should now be around $15.

Alright,

DIVIDENDS!

I received $456.69 in dividends in May.

Every quarter there are 3 months or dividend payouts, this is the middle one.

My total dividend haul this year is now $2165.

The thing I enjoy the most about a dividend payment is its permanent, no do-overs. It’s money in the pocket that I can spend however I see fit. It’s my little piece of the pie and it is delicious!

Market Musings

The Dow Jones is close to 18000 and the TSX is 14000. I don’t see any reason for the market to be this optimistic with earning doing so poorly. It looks to me like the rally in oil is a large factor behind this and I’m not sure how much more steam this thing has. I continue to look for safety on every level. I still hold several highly speculative investments that I will continue to look to exit as I head toward safety in long term Government bonds, aristocrat stocks, or cash. I will try not to hold on to too much cash as it doesn’t do anything except lose its value over time.

I do believe gold might be a good bet but I HATE buying commodities do to the speculative nature that is inherent with them. (Disclosure) I do own a small amount of physical silver though I treat it more as a toy then an investment.

Oil, what about oil? Oil is getting very close to the $50 mark for WTI. I think it will power on up after people take their profits around $50. I wouldn’t be surprised to see it approach $60 and stay in the 50-60 dollar range for a very long time.

Oil for me is a love hate relationship. I own a fair amount of oil companies that I have been slowly picking up since around Jan 2015. I started buying when WTI was trading at $60 thinking it shouldn’t go too much lower as the breakeven price was around this level. Well I was very wrong. I’m still holding all of these stocks I bought and will be looking to exit many of them now that I have (luckily) recouped most of the loses during the downturn. One thing I did right in hindsight was to make sure the company I was buying could weather a bad market for a long time.

I will look back at this “collapse” as a learning opportunity and remember “don’t try to catch a falling knife”

Moves in May

I sold 0 Shares in anything this month.

I bought 1130 shares of Plaza REIT for $4.85 per share bringing my total share to 2470. You can read the April report on why here.

I bought 75 shares of Franklin Resources for $36.02 a share. This is a new position for me. This company has a great balance sheet and has increased its dividend payment every year for over 25 years. Franklin dividend history. This is one of those companies I just plan to forget about. Safe, oversold and an ever-increasing payout.

I plan to add more shares to Franklin if it continues to get cheaper. I also plan to buy some more Canadian bonds in the form of an ETF.

 

DIVIDENDS!!

I received $313.14 in dividends in April.

Not the biggest haul but Jan, Apr, Jul and Oct are slower months for dividends.

The market has come roaring back with the help of oil trading around $46 and has brought out the bear in me. I’m not a big fan of timing the market though I do think that it doesn’t hurt to start holding a little bit more cash at the moment.

Moves in April

I sold 2000 shares of Kingold Jewelry for $1.34 USD netting a capital gain of 26.42%. I bought Kingold back in July 2015 for $1.06 USD as one of my “impulse” buys, one that I was really regretting as I watched this stock nose dive all the way down to around $0.49 by mid Jan 2016. Lucky for me, GOLD has become in vogue and gave me a nice opportunity to exit my position and learn from it. Although I made a little bit of money, I still consider the purchase of KGJI a mistake.

I also exited my position from Cominar. I sold 350 shares for $17.20 netting a capital gain of 8.18%. I still like Cominar but as I mentioned above, i’m moving towards safety and as of today Cominar’s AFFO is sitting around 90% which could possibly mean a cut to it’s dividend in the future.

I bought 1340 shares of Plaza Retail at the not great price of $4.70. I more or less sold Cominar to buy Plaza and the reason behind it is the payout ratio.

FFO/AFFO

Payout Ratios                             2015              2014

Distributions as a % of AFFO   78.6%           80.5%

The lower the payout ratio is the better and as you can see, even after increasing the payout, they still lowered their ratio.

Also, Plaza has increased its payout every year for the past 13 years.

Last but not least I added $5420 of new capital to my savings investment account. I don’t like just holding on to cash so I bought 275 shares of CLF  which are Canadian ladder bonds. They generate around $0.05 per share per month. It’s not much but it’s better than getting burned on the cornballer. My new total CLF now sits at 1325 shares.