In 2021, I transferred holdings between tax-advantaged and taxable accounts for tax planning purposes. One such transfer is addressed in my December 20, 2021 BMO’s Bank of the West Acquisition Bulks Up US Presence post.
I am limiting my purchases in the hope of being able to acquire more attractively valued shares at a later date. I did, however, purchase:
- 100 Blackstone (X) shares @ ~$125 thereby increasing my exposure to 800 shares; and
- 630 The Bank of Montreal (BMO.to) shares @ $131.34 thereby increasing my exposure to 1288 shares.
FFJ Portfolio Holdings
In my April 12, 2021 FFJ Portfolio Holdings Review: April 2021 post, I disclose my top 30 holdings.
We hold investments in 18 accounts at 2 discount brokerage firms thereby making it a time-consuming process to rank our holdings. Much has changed, however, subsequent to my April 2021 review, and therefore, I intend to set aside the time to complete another portfolio review by mid-January.
FFJ Portfolio - December 2021 Income
In my FFJ Portfolio - November 2020 Report I made the following 2021 FFJ Portfolio dividend income projections:
- Core Accounts – CDN ~$17,600 and USD ~$23,500
- Side Accounts – CDN ~$24,200 and USD ~$17,000
My actual 2021 dividend income from holdings within the FFJ Portfolio is:
- Core Accounts – CDN ~$18,363 and USD ~$28,040
- Side Accounts – CDN ~$22,360 and USD ~$16,040
I will continue to track the dividend income generated from the holdings within the FFJ Portfolio purely for interest's sake. Reaching dividend income targets, however, is not a priority. My focus is on generating attractive total investment returns with an acceptable degree of risk.
FFJ Portfolio - December 2021 Report - Final Thoughts
I am cautiously optimistic the anticipated Fed interest rate increases in 2022 will be a contributing factor to more reasonable equity valuations.
I wish you much success on your journey to financial freedom.
Note: Please send any feedback, corrections, or questions to [email protected].
Disclaimer: I do not know your circumstances and am not providing individualized advice or recommendations. I encourage you not to make any investment decisions without conducting your research and due diligence. You should also consult your financial advisor about your specific situation.
I wrote this article myself and it expresses my own opinions. I am not receiving compensation for it and have no business relationship with any company whose stock is mentioned in this article.