Welcome back everyone, we’re back here today to do an updated look at our Findependence Portfolios. This is our first update since November 2019, if you missed that post you can check it here.
This was a pretty busy few months by our standards as we actually sold a few companies throughout that timeframe and added some new positions as well. Overall we’re pretty excited about the changes and where we’re at overall towards our goals of becoming financially independent.
Without further adieu, lets have a look at the overall portfolio:
The sells
We made a few sales in our accounts, just to tidy things up more than anything. I wanted to re-establish our goal of having our Canadian holdings in our TFSA’s and keep our RRSP room for more US dividend payers. A few of the casualties were the following:
- Apple – sold out of apple basically to take profits off the table and because the valuation was no longer something we wished to hold with the current yield on the shares to truly be part of a “dividend portfolio”.
- TD Bank – We sold off a good chunk of TD bank holding, it was a little overweighted in our accounts for our liking and it was using up RRSP space that we wanted to reallocate to the US market shares that will be in the buys below.
- CBO – This was a bond ETF we were holding a little bit of. It just felt redundant at this moment in time given our age and small holding in the account. To offset this, I believe our game plan will be to add a bond portion to our workplace retirement accounts.
The buys
This is a lot easier to show with an image
Those are sorted by dollar value, if you’re wondering about the random order of the purchases. As you can see we added positions to:
- Brookfield Property Partners (RRSP)
- Altria Group (RRSP)
- International Business Machines (RRSP)
- 3M (RRSP)
- Disney (RRSP)
- Royal Dutch Shell (RRSP)
- BP (RRSP)
- Suncor (TFSA)
We already owned BPY.UN and 3M so this was just padding those positions, the other buys were getting into companies that we feel great about long term and which we’re hoping to hold for decades.
As with all of our holdings we will be keeping a close eye on all of these companies and look for opportunities to add to them during downturns.
So there you have our updated Findependence Portfolios, as with all of our posts we’d like to highlight that none of the above are recommendations on what you should be doing in your own portfolios so please do your own research or talk to your investment professionals for assistance. These are simply companies we like and we are attempting to be transparent with our followers on what it is we are doing inside our investment accounts on our journey towards becoming financially independent.
Thanks for reading, if you’ve got questions or comments feel free to leave them below or over on Instagram – @FindependenceCanada and we’ll be sure to get back to you.
FIC.