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B.C, Canada    |

Adam's December Dividends





       2018 has come to an end and we finished off the year with decent dividend income. For the month of December I made $492.35 in dividend income, which was reinvested through our DRIP collecting me another 33 shares for the month. The market has taken a major downturn over the last few months, which has provided a wonderful buying opportunity for us. In November I scooped up, 237 shares of Gluskin Sheff (GS), 110 shares of First National Financial Corp (FN) and 600 shares of Canwell (CWX). In December I grabbed another 183 shares of Canwell (CWX). We have been invested in both GS and CWX for a while now and after the big market drop in gave us an opportunity to scoop up more of these companies, which pay a wonderful dividend, at a price which we calculated to be undervalued. First National is a new company to us. We liked all the fundamentals of the company, the financial reports looked good, we calculated it to be right around fair value, and it has a history of paying a good dividend. On top of all that, they announced a special dividend to be paid out on top of the existing dividend in December.

        I also learned a valuable lesson in December. It has to do with First National Financial Corp and their special dividend. Stay tuned for my future post regarding the mistake I made and the money I missed out on, and hopefully you can learn from it and not make the same mistake.




ENB -- $95.28

FTS --- $53.10

GS -----$124.25

MFC -- $40.25

NWH -- $59

PEY --- $19.50

SOT --- $58.69

WJA --- $42.28


Total -- $492.35






The information provided is opinion and for informational purposes only. It should not be considered financial advice. We are not your financial planners and have not considered your personal situation or needs. DIY Wealth does not make any guarantee or other promise as to any results that may be obtained from using our content. Your use of the information received is at your own risk.




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