Good day everyone, thanks for stopping by FindependenceCanada. We know you have many options to read during all your time in quarantine and we appreciate that we’ve earned even a few moments of that time.
Today we’re going to go over some of our purchases we’ve been making throughout this market crash of 2020 and where we are likely to continue adding to moving forward through the rest of this year or as long as the market remains this volatile.
As one of our favourite youtube channels would say (shout out to PPCIan), we’ve been focusing on our “ride or die” stocks during these times. Simply the best of the best in our portfolio and those shares we truly love with as little risk but as much upside as well feel possible.
For time’s sake we won’t be going over every single transaction as there have been many small transactions made rather than larger moves.
Let’s take a look at the recent additions:
Taxable Accounts
In our taxable accounts we’ve made the following moves:
Bought 15 shares Brookfield Asset Management
Bought 15 shares of Bell
Bought 4 shares of Canadian National Rail
Bought 13 shares of Canadian Utilities
Bought 8 Shares of Fortis
RRSP Accounts
In our RRSP’s we’ve made the following moves:
Bought 2 shares of Apple
Bought 4 shares of Aflac
Bought 13 shares of Federal Realty Trust
Bought 5 shares of International Business Machines
Bought 1 share of Johnson & Johnson
Bought 32 shares of Coca-Cola
Bought 3 shares of McDonald’s
Bought 13 shares of “O” or Realty Income
Bought 3 shares of Pepsi
TFSA Accounts
In our TFSA’s we’ve made the following moves:
Bought 8 shares of Canadian National Rail
Bought 72 shares of Toronto Dominion Bank
Bought 15 shares of Telus
Bought 20 shares of Manulife Financial
Bought 10 shares of Suncor
Bought 45 shares of Bank of Nova Scotia
Bought 145 shares of InterPipeline
Bought 2 shares of Canadian Utilities
One thing we wish were a little different is our access to the US markets because we love so many more stocks on the US market and there’s so much more to choose from south of the border, that being said based on taxation and withholding tax on our US dividends if held in our taxable or TFSA accounts, once our RRSP is max’d out there really isn’t the same incentive to try and acquire US shares in these accounts.
We’re super stoked to be able to add to some of our favourite holdings at these current valuations but aren’t going full in just yet because we’re not of the belief that this is the end of the downturn or the volatility, so we’ll keep a little dry powder on the sidelines moving forward.
As always, before going to invest please consult with a professional adviser and do your own research as our choices may not be the best for everyone out there.
If you have questions or comments leave them below or on Instagram @FindependenceCanada
Thanks for stopping by,
FIC.