Findependence Canada

Finding financial independence from scratch

Our Findependence Portfolio’s updated! -Nov, 2019

Today we’re going to take a quick look at how our overall portfolio is progressing as well as take a peek into how our passive income is coming along and what changes we plan to make from here.

There’s no big news here as far as any big additions or changes to our holdings, we’ve all but halted our deposits for the year into our TFSA’s and RRSP’s and we’ll resume that in the new year.

We like that we’ve been steadily seeing growth in almost all of our holdings but it has been making it difficult to drop more money into these single stocks.

It should be noted our pensions and savings plans through work are still going strong which are in mainly the S&P 500 and a smaller chunk being put into the TSX, we don’t intend to slow or stop these deposits ever.

There are a few holdings that we’re waiting to “dip” before buying more of but would really like to beef up over time, the top of this list is:

  1. Fortis (FTS)
  2. TD Bank
  3. CIBC
  4. Manulife Financial
  5. InterPipeline

These are some of our favourite holdings spread across our accounts that we aren’t satisfied with just yet, ideally we’d like to double our Fortis position, add a few $k to each of the bank holdings for the sake of being able to drip a share per quarter and then Manulife and Interpipeline are positions we’d like to see in the $6 – 7500 range as they’re some of our favourite dividend payers.

Hopefully our holdings can give our readers some great ideas on stock choices as they’re some of our absolute favourite holdings. To quote Warren Buffett our favourite holding period on these stocks is forever, or at least decades.

Thanks for stopping by and having a look at our updated Findependence Funds. If you have questions or comments drop them below or over on our Instagram @FindependenceCanada

FIC.