Thursday, May 25, 2017

Large cap Tech Stocks are on fire!

 An interesting trend has been taking place over the last few months which has seen technology stocks reverse their poor performance of 2016.

Technology stocks were the whipping boys towards the latter portion of 2016. With Trumps ascendancy into the White House, there were concerns that Republican policies would favor old-school telecom and incumbents at the expense of the internet giants and technology start ups..While the jury still out on the extent of the impact of Trump policies on tech it’s fair to say that tech stocks have significantly outperformed since the beginning of 2017.

Markets go through ups and downs sometimes without any rhyme or reason but ultimately they always return back to earnings performance and that’s ultimately what drives the long-term performance of a stock. In Google and Amazon’s case, exceptionally strong revenue growth and correspondingly good earnings performance have seen both stocks significantly outperform the broader index in the first part of 2017. Google stock is up almost 17% year-to-date while Amazon stock is up more than 23%.


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Wednesday, May 24, 2017

Passive Income Update – Apr 2017

Welcome to our monthly passive income update for April 2017. This is part of the scorecard series where we track our dividends and other sources of passive income. We also include changes and updates related to our investments during the month – showing the overall progress.

Passive Income  Update

Passive income for the month of April 2017 was C$594.72. The passive income for the month comprised of US$107.65 and C$447.24 (exchange rate is US$1 = C$1.37).
Passive income change is -8.73% QoQ and -6.70% YoY for the month. The passive income YTD is $2,661.92 and achieves 26.6% of our annual goal of earning $10K.

Income Sources

Passive income contributing entities:
Stocks:
  • Algonquin Power & Utilities Corp (AQN.TO)
  • BCE Inc (BCE.TO)
  • Inter Pipeline Ltd (IPL.TO)
Options:
  • 1 covered call (STO & BTC — Rolled) on Canadian Utilities Ltd (CU.TO)
Funds:
  • BMO S&P/TSX Capped Composite Index ETF (ZCN.TO)
  • Vanguard FTSE All World Ex-Canada Index ETF (VXC.TO)
  • BMO Aggregate Bond Index ETF (ZAG.TO)
  • BMO EM CAD Hedged Bond ETF (ZEF.TO)
  • Vanguard Emerging Market Bond ETF (VWOB)
  • Scotia Diversified Monthly Income Fund (mutual fund)
Other:
The breakdown of our passive income contributing entities: dividends & options totaled $232.02 and other passive income totaled $362.70. Read more about why we consider this as passive income in the Passivity Index post.

Portfolio Activity

Dividend Increases

April saw 2 dividend increase and 1 dividend initiation announcements in our portfolio.
  • Johnson & Johnson (JNJ) raised its dividend by 5%
  • Omega Healthcare Investors Inc (OHI) raised its dividend by 1.61%

Added Positions

During the month, we added the following position to our portfolio
Stocks:
  • Algonquin Power & Utilities Corp (AQN.TO) – 5 shares DRIPped
Funds:
That’s all folks! Hope you had a great April as well. Be sure to share your thoughts, comments or concerns below. I love hearing from you, the readers.

Disclosure: Our full list of holdings is available here.

This article was written by Roadmap2Retire. If you enjoyed this article, please consider subscribing to my feed at Roadmap2Retire.com/feed


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Monday, May 22, 2017

5 Dividend Stocks With A Low P/B Ratio

A declining market is what value and dividend growth investors long for. There have been times in the past where I struggled to find stocks worthy of purchasing. In a down market, the challenge is to pick the best available stocks that will maximize my chances of future success. When looking for value priced stocks, the Price-To-Book (P/B) ratio is one that I like to focus on.


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Sunday, May 21, 2017

Weekend Reading Links - May 21, 2017

For your weekend reading pleasure, the articles listed below contain some of the best dividend and value investing insights found on the web. They were written by various members of the Dividend Investing and Value Network over the past week:


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