Invested Ladies

 

It's Good Friday and the weather is getting more seasonal with temps staying above freezing the last few day, hopefully staying that way. Unlike Manitoba which had a major blizzard and anywhere from 15 to 50 cm's of snow over the province the last couple days with more snow to come today. 

While most '9 to 5' folks have a nice break from work over the Easter holidays, investors size up last weeks market activity and plan their next moves that are in the "accumulation' phase as DIY investors and that's where I will be for the foreseeable future.

Reading and researching the stocks, I pause when I see something I like and gives me ideas beyond the path I am taking. 

As I mentioned in previous posts, I follow the BTSX portfolio on Dividend Strategy and came across an invested lady from Canada and Melissa shares her dividend journey on Our Life Financial with monthly results. In her latest post she highlights an investment challenge that 7 ladies got involved with back in October of 2020 called ...

#WeInvestChallenge and their start/progress is on Instagram searching that title.

I tracked the ladies progress but focused more on Melissa and Our Life Financial.

She started with Power Financial of Canada (TSE: POW) and later added Enbridge (TSE: ENB), which resulted in growth and dividends. Both stocks I own.

Interesting along her progress posts on Instagram she mentions that she looks at the top ten holdings of XEI, an ETF in the Blackrock lineup called ... ishares S&P/TSX Composite High Dividend Index ETF. This is a monthly paying ETF that holds 75 stocks with decent growth and dividend yield.

XEI is rebalanced quarterly and holds a lot of top quality stocks mentioned in the sites I visit and read so I figure I'll do some research on those. I currently hold 5 of the top ten currently ranked on XEI.

Similar to what I do with the BTSX and the 10 dividend paying stocks listed.

Like everything investing, be aware of the risk involved and I only share ideas here that work for me where it's about personal choices. One should always keep in mind that past performance is not an indication of future performance when using it as a reference.