The Dividend Beginner portfolio continues to off specific positions as they hit their stop loss limits. I’m very happy with the way I’ve decided to liquidate a portion of my portfolio as I decide beforehand what kind of return I’d be happy with – and then let the market decide whether it will continue to rise or drop off.
While Pure Industrial REIT would be a fine buy-and-hold, especially with a roughly 6% dividend yield, I wanted to consolidate my real estate exposure as I have quite a few names in the space, albeit small positions. I would prefer, if I were investing in real estate again, to go with one which consistently raises their dividend; such as Plaza Retail REIT (already own a small position) or Canadian REIT (which unfortunately yields a little low right now).
Due to selling AAR.UN, the Dividend Beginner portfolio now contains a total of 21 stocks. I’m happy with that for now, as I held 25 positions at the beginning of October. I’m not quite sure if there is anything for me to sell now, but I’m debating whether to hold or drop Wal-Mart (WMT). I’m excited to invest further into the same companies I hold in the coming year and to increase the concentration of those positions.