Recent Purchase: Medical Facilities (DR.TO)

Today I doubled my position in Medicial Faciliaties. I started to buy this stock last month and was looking to add more this month. Now it’s trading a few bucks cheaper so I picked up another 80 shares of DR.TO for $12.83 per share. 


2018 TFSA Contributions

My monthly contributions towards my TFSA account will be reduced from $800 per month to $700 per month, starting next year.

Here’s why

My cumulative TFSA contribution is almost maxed out. At the end of 2017 I will have $3,800 of unused contribution room that will be carried over to the next year. If the annual TFSA contribution limit will remain the same, then next year I will put $700 per month in my TFSA account. This way I will reach my maximum at the end of 2018 and will have an equal amount of capital to invest every month.

Portfolio Value Update - October 2017

Welcome to my monthly portfolio update. The month of October just passed by and it’s time for me to report my progress. To my surprise, October was a very good month because some of my stocks have appreciated very well. The biggest influencers were Magna (MG.TO) and Diversified Royalty (DIV.TO). These stocks have added significant value to my portfolio while rallying to their all-time highs. Let’s see for how long they can keep up with momentum.

First National announced a Special Dividend

If you’re the shareholder of First National Corporation (FN.TO), you probably know that you will get a juicy dividend in December. The company announced this Tuesday that they will pay a special dividend of $1.25 per shares on December 15, 2017. They generated excess capital and have decided to distribute that between the shareholders like you and me.

Portfolio Value Update - September 2017

Portfolio Value
As of September 30, 2017 my investment portfolio balance stood at $47,625.76. That’s an increase of $1,614.58 from last month. It was the best performing month of 2017 in terms of capital appreciation. We have three months until the end of the year and I think I will reach my goal of $50K.