Reviewing our $264,000+ investment portfolio – Dividends and Index Funds

Hello all and welcome back to another look into our investment portfolios!

Today we’re going to be doing things a tiny bit different. If you’ve followed along with our journey over the past couple of years and have seen net worth updates from us you’ll know that we’re invested above and beyond just our dividend account.

So this update we’re going to be doing our usual breakdown of our dividend portfolio but also just taking a quick minute to update you on our entire portfolio.

So the first thing we’ll do here is give a quick breakdown of the portfolio:

So here’s a “higher level” breakdown if you will – this is how we’ve split our investments between our dividend stock investing and our index fund investing.

Index Fund Work Accounts

Due to the restrictions on what we’re actually allowed to hold in the workplace pension and savings account the best option we’ve found is to be invested in a low cost index fund, in this case the DC Pension account is held entirely in an index fund mirroring the S&P 500.

For the work savings plan we’re actually able to pull this as we see fit and invest into our brokerage accounts but for taxation purposes we’ve just left it alone to grow this past year plus. This account is held in a 50/50 split between another S&P 500 index fund as well as 50% into an index mirroring the Canadian market (TSX).

So for rough numbers that’s a little over $61,000 into S&P 500 and $11,000 into the TSX for a grand total of $72,000 into index funds.

Now let’s get back to our usual breakdown – the dividend accounts.

His TFSA

Still trying to figure out how much information off of my spreadsheets you guys will actually find useful/interesting and how much is overkill haha. Hopefully this is close to the sweet spot.

Here we’ve got my TFSA account. This is the first account I started when I got into investing. As you can see it’s pretty much a reflection of the Canadian market in general in that it is quite finance, utility and energy heavy which tends to be the strengths north of the border.

This account doesn’t get the influx of cash that it used to now that we’re basically tapped out on TFSA room so the only new funds buying shares are the dividends I receive through the year.

I’ve been mainly focusing on building a position in Royal Bank (RY.TO), a couple of mortgage funds (TF.TO, MIC.TO), and Nutrien (NTR.TO) this year.

I think this account is tapped out for number of holdings and I’ll simply be topping up positions every year as we get more TFSA room.

His RRSP

This RRSP account is a little more… robust? I guess you could say. The holdings are mostly American – I still need to try moving my NFI Group holdings into a non-registered account and reallocate that money elsewhere but haven’t been bothered as of yet.

The American market opens us up to a lot more consumer staples and discretionary holdings as well as tech exposure so it does pair quite nicely with our TFSA in that they focus on different sectors almost entirely.

You may be looking at Facebook in this group and wonder what gives? We simply lump our FB holdings into our dividend fund because we believe in the near to mid term they will pay a dividend so we built up a reasonable position in anticipation of that. If it doesn’t come to fruition then we’ll have to decide whether or not it makes sense to continue holding the shares or take that money and park it elsewhere – I think I’ll vote to keep the shares long term regardless.

Tech has been a primary goal in this account this year but all of these stocks have received boosts, we have upped our tech holdings from nearly non-existent to somewhere that we’re more comfortable with though and we’ll touch on figures at the end of this post so keep reading.

His non-registered

This is basically a continuation of the TFSA investing. These are all Canadian shares where we can capitalize on Canadian Eligible Dividends to greatly reduce our tax bill.

The bottom three stocks with the neat 100 shares each are 3 stocks I’ve decided to practice selling covered calls on.

Her TFSA and RRSP

These here are Mrs. FIC’s holdings in her TFSA, RRSP and non-registered accounts.

She’s been working hard to build these accounts up so its been a lot of fun to follow along with her journey as well as my own.

Diversification/Summary

If you were wondering about the colours of all the tickers above here’s how they correspond to their given sectors.

All in all we’ve got $192,522.26 invested in the dividend fund yielding $9,243.82 in passive income.

As you can see on a sector by sector basis we’ve still got some work to do acquiring consumer stapes and tech as well as on the bottom two rows you can see that we’re still technically above where we want to be in Canadian holdings – these balance out though when we take our index funds into account.

That about wraps up our portfolio recap for the day.

Questions or comments? Leave them for us below or over on our
Instagram @FindependenceCanada and we’ll be sure to respond.

Also, if we’re missing any golden opportunities in the markets then let us know! we’re always looking for new stocks to investigate.

Thanks for stopping by,

FIC.

Disclaimer: This is not investment or personal finance advice and we can’t guarantee any gains or losses from the information we give here. We are purely documenting our journey and doing this for our own enjoyment and your entertainment. Please seek professional advice before investing in the stock market.