FFJ Portfolio – November 2017 Dividend Income Report

 

November is one of the 4 months of the year in which the FFJ Portfolio generates the least amount of monthly income. In November, CDN $510.44 and USD$778.42 was received.

I augmented this income by writing 4 covered calls on J.M. Smucker (NYSE: SJM) which expire July 20, 2018. After taking into consideration the commission and the USD to CDN FX conversion I netted $1,463.86. This transaction makes up the bulk of the CDN $1579.75 cash in Investment Account #5. Continue reading “FFJ Portfolio – November 2017 Dividend Income Report”

FFJ Portfolio – October 2017 Dividend Income Report

Another month has gone by? Time really flies when you’re retired!

In my September 2017 dividend income report I expressed confidence we would generate in excess of CDN$12,200 and in excess of USD$13,000 in dividends for all of 2017. Based on the dividends we can expect to receive in November and December I am confident we will slightly exceed those figures. Continue reading “FFJ Portfolio – October 2017 Dividend Income Report”

FFJ Portfolio – September 2017 Dividend Income Report

It is that time again for a status report on the FFJ Portfolio.

In September I borrowed $5000.00 from the Canadian portion of Investment Account #1 as we had some major expenses; our daughter’s tuition/books and various annual insurance premiums had to be paid.

In order to reduce the balance owing I decided to suspend the automatic dividend reinvestment feature on the Canadian investments in Account #1. Dividends received in all the other accounts continue to be automatically reinvested. Continue reading “FFJ Portfolio – September 2017 Dividend Income Report”

Introducing the Financial Freedom is a Journey Portfolio

The purpose of this post is to introduce the Financial Freedom is a Journey Portfolio (“FFJ”). This is an actual portfolio of equity investments in which all investment decisions are made with a long-term perspective in mind.

I undertake to provide monthly status reports of all activity. The vast majority of any activity will consist of the receipt of dividends and the automatic reinvestment of same. Occasional purchases will be made but sales are expected to be extremely rare.

Continue reading “Introducing the Financial Freedom is a Journey Portfolio”