High Yield Dividend Stocks or Dividend Growth Stocks. Which is Better?
My Canadian Dividend Investing Account is now sitting just under $9,000. My dividend stock portfolio has 33 positions, all of which are Canadian Stocks that pay dividends. The average yield of my portfolio is still above 4%, and I'm up overall about $600 since starting this dividend portfolio about 4 months ago. I've got a mixture of high yield dividend stocks and dividend growth stocks, and all of them are listed on the TSX for now, because it makes my taxes easy (there are none). You can get the Dividend Tracker Google Sheet that I use in the video here.
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 this link, and they’ll add $10 your account as a bonus. Immediate 10% ROI... 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.