Month: July 2015

Recent Purchase: W. W. Grainger (NYSE: GWW)

Purchases

On Friday, July 17th I dove into the NYSE for the very first time by initiating a position in W. W. Grainger (NYSE: GWW). I purchased 5 shares at the price of $233.00 USD, with a trading cost of $6.95 USD from CIBC Investor’s Edge…

CAD drops to lowest level since 2004

Considering I am a Canadian Investor, this ended up costing a total of $1, 539.36 CAD, with shares averaging roughly $306.48 CAD. With the CAD dropping to lowest levels since 2004, I am losing confidence in our currency under the conservative government, and with a recession looming here, I’d like to purchase some assets in our neighbor country, the USA. The Fed will only be increasing rates when things have stabilized and are growing in the US, and to me that shows that things will be good and that corporations which are not highly indebted are in a good position to continue growing.

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June 2015 Dividends

Dividends

The end of June marks another round of dividend income. It’s been one of my quieter months in investing as I’ve been focusing a bit more on some other points of my life.

My only new positions for June were 40 shares of Canadian Natural Resources (TSE: CNQ), as I though it’d be a good time to add some energy into my portfolio. I also doubled down on my position in Telus (TSE: T), holding 35 shares in my TFSA and 35 shares in a taxable account. As it turned out, a lot more of everything was on sale towards the end of the month with the Greek Crisis. However I bought my CNQ shares right before the ex-dividend date so I’ll be able to rack up some more healthy dividends for July, which will be a great month.

While this has been my best month even at a small $50, it truly adds up, and my portfolio will return about double this in July.

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My publishings on dividendbeginner.com references an opinion and is for information or entertainment purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. I am not responsible for any decisions you make concerning finances, taxes, or investments. You must perform your own research and always take caution when extending capital.