Welcome back to another dividend investing portfolio update. Today I buy into two Canadian REITs, both on the TSX with monthly dividends, yielding over 6% each. The passive income from these REITs has brought my average dividend yield of the whole portfolio from 4.3% up to 4.41%. I made the stock tracker in Google Sheets, and buy the stocks with Wealthsimple Trade on desktop.
If you are Canadian and want to start buying dividend stocks, Wealthsimple trade is a really easy and convenient way to start putting aside some money. You can even buy one stock at a time for just a few dollars. If you have $100 to invest, you can use the above link, and they’ll add $10 your account as a bonus. Not bad! If you already signed up for Wealthsimple Trade, you can still claim the $10 with this code: BL5OIW
Disclaimer: I am not a financial professional or advisor. Nothing on this website or the associated social media accounts constitutes financial advice. I'm just documenting my own investing journey and don't suggest that you do the same. Investing is risky, so make your own decisions or hire a qualified professional make them for you.
I'm documenting the growth of a Canadian dividend investing portfolio and make videos about dividend investing, Canadian stocks, Wealthsimple Trade, Google Sheets, personal finance, and passive income.