Hey everyone Scott Cunningham aka @scottcbusiness here today we're gonna be
taking another look at mine dividend
portfolio and how its performed over the
past little while we're gonna look at
the stocks that I just recently acquired
I actually met my goal because I started
including my crypto investments so we're
gonna take a quick look at that but I
will save them the bulk of the
explanation for a separate video on how
I earn dividends through crypto but I
will include that in my overall look at
my earnings and the general breakdown so
start off just by sharing my screen and
before we go into my excel sheet and my
tracking information we'll go and look
at what the bank thinks and or rather
what the bank knows not thinks so I was
up 8% for a little bit but the market
has since gone back down a little bit so
we're right around being even which is
still a really good place to be in right
now given everything that's going on I'm
not concerned at all if stocks go down
by more if stocks go up I'll continue
buying but um very leniently because
people have been talking you know there
could be another crash there could be
another crash and well that's generally
always what people are saying we're in
extraordinary circumstances so I'm going
to keep some money set aside in case we
see another drastic drop so I can put a
lot more into the market but I am very
happy to say that we're basically even
and I'm getting close to a ten thousand
dollar portfolio so we'll be into the
next milestone so to speak and if if I
could get this to 20 thousand by the end
of the year I would be ecstatic my goal
for this year was to get my investing
portfolio up to paying me $75 a month on
average
and and while I've gone in up to 50 375
with fiat currency now that I've begun
to include cryptocurrency
you can see that I'm earning about three
hundred and thirty five dollars and
sixty cents worth of cryptocurrency
every year I essentially took about I
would say about a little over two
thousand dollars worth of my
cryptocurrency and I consolidated it
into different crypto paying dividends
cryptocurrencies that I could stake in
and crypto currencies that essentially
were payment or fee sharing for
different exchanges like kayuu coin for
example and I also tried out bit mechs
but I wasn't a huge fan of the way that
it worked so I just cashed that out and
put that into KD coin as well but again
I will do a full breakdown of all of
these in another video
I've also I also wanted to dabble in
cryptocurrency real estate so
essentially what this is is they've
taken a property and they've tokenized
it they've created four thousand tokens
and each token represents a a part share
of the property as well as the the
profits and the rent so they're saying
on average you should be getting eleven
point eight two percent every year which
is very very good and that equates to
17.21 cents a year and in canadian that
ends up of being $23.98 at the last time
I checked the Canadian dollar difference
from the US dollar $23.98 is actually
really good that boils down to about
seven cents per day that's pretty
impressive
and that's what I've been getting so
while this is kind of like it's hard to
be super confident in these types of
things because
it's not very liquid right if I wanted
to sell my property it would be very
challenging so you know this isn't the
safest bet but I definitely wanted to
test out you know put a little bit of
money into a bunch of different crypto
dividend-paying tokens and crypto
currencies to really test out what is
all out there you can also do lending
but when I compare lending to a lot of
these staking coins found that the risk
for lending doesn't really outweigh what
you can get otherwise but again I don't
want to spend too much time talking
about crypto because that's not the main
focus here so I will do another video
for that if you guys are curious anyways
though
well one sort I'll briefly show you the
token here just so that you guys know
it's a legit thing this is the token
it's it's actually the full name as you
saw before but I just shortened it to
this and they payout seven cents of USD
see token which is the US dollar coin
and as you can see I've got about 0.2
3/5 of it that's 34 cents Canadian so
yeah it's really really awesome they're
paying this out every day and I see it
coming in every day and I can double
check that everything's good so right
now they're paying out everything in the
correct amount and everything looks
really great I will let you guys know if
I see changes in what they're actually
paying out and I will continue to track
all of that so that you guys can see how
reliable it is as well from a investor
perspective now for the main focus which
is the actual dividend portfolio here my
estimate is very very close to what the
bank says so that's really good to see
that means I don't really have to change
anything
I remember at some point seeing Joseph
Carlson talk about email notifications
for dividend changes but I swear to you
I spent so many hours trying to find the
same thing or in going through a bunch
of his videos just looking for him
mentioning this I could not find it for
the life of me so if you know of any
free dividend tracking
whether it's like an app or it's via
email or notifications or whatever might
be or even if you know one that is cheap
I would be willing to pay for this
because it's very very important for
tracking that I know the exact dividend
of each of the stocks and essentially
all I want is I can enter the ticker
symbol and just get a notification if
they do some change to their dividend
pretty simple in the video that I
watched before you were able to do it
for free
with whatever joseph carlson shared but
I could not find it for the life of me
or for all I know it could just be for
US stocks this is almost all Canadian so
if you know something I would really
appreciate it and you know what to
incentivize people I will give out a
small amount of aetherium to whoever
gives me a good solution
ideally free if it's paid probably won't
get as much because he'll be paying for
it but yeah if you guys know of
something like that please let me know
it'll benefit me don't let it fit anyone
watching to find something similar and
then I will show people how to do that
as well in the next video but as you can
see my annual dividends is six hundred
and forty and that this is an annual
gain of seven point three nine percent
which is pretty average they usually say
between six and eight is pretty normal
so it's good to be on the average side
right if you've just got stocks that are
17% like that's really sketchy um a lot
of people would say even over five or
six is getting a little risky because
they might be giving out they might be
increasing their dividend as the actual
stock declines so something really
important to watch for but for me I'm
not too skeptical of REITs and a real
estate that pays out more because
typically they do pay out a higher ratio
so that's not as skeptical or like
something to be skeptical of but
definitely you know be cautious and
don't be super trusting of a dividend
that looks too good to be true right
because usually they aren't for example
American Hotel property's rate was
paying out
I think the dividend was something like
20 percent it was it was just a
ridiculous amount and then they cut it
like by a ton I ended up selling a
hundred of my stocks here because it
went up by such a huge amount that I was
able to get a huge gain off of that and
then just put that back into I think it
was Canadian Western Bank yes right here
so here I've got the actual dates listed
of when I purchased and you can see over
the past two weeks these are the stocks
that I bought so in the first round of
buys I got Alaris royalty corporation
some people might think this is a bit
risky but I did want to dabble in a few
different finance investing stocks let
me know if you are invested in this and
what your thoughts are though banking is
always safe I invested in a Canadian
Western Bank because it's still got a
really good price opportunity it's 40
percent down still so there's still a
lot of potential there great Westlife Co
which is financed another good financed
investing I'm trying to balance out my
portfolio so that all of these values
are to what I have set for my goals and
even though some of these might be
higher than I want it'll balance out
over time as I continue to increase my
holdings of the like these other small
ones that I haven't really dabbled in
yet the main thing I'm focused on during
the crisis is price opportunity once
this is all over I will diversify a lot
better and I will also buy the like safe
backup stocks like grocery and stuff
like that stuff that wasn't really like
heavily affected so that if there was a
resurgence or some issue to happen again
those stocks will be my sort of
defensive stocks
so I'm not really gonna be investing in
that until after a lot of this is
cleared up and a lot of prices have
returned to normal so to speak I won't
be surprised if grocery stocks are up
when everything else has returned to
just normal but that's fine I don't
think they'll be up higher than the
amount of how down these stocks are so
in terms of how much of a game you could
get and what the opportunity is I think
this is more important to focus on for
now and then deal with the defensive
stocks later
so the other stocks that I purchased
were I wanted to get some Manulife stock
but I ended up not not investing in that
that'll be the next thing I'm going to
invest in I think it's important to have
an idea of when money is coming in and
know exactly what you want to be
spending your money on and then
essentially I'll wake up at 9:30 when
the stock markets open I'll pull open my
portfolio and I'll take a look has there
been a little bit of a gain a little bit
of a loss at the beginning of the market
and then I'll kind of make a decision
based on that generally I don't worry
about it too much because we're not
trying to day trade we're trying to get
these price opportunities where they are
and then hold them long-term and just
increase my overall income so we also
got this real estate ETF ETFs are really
really good for real estate if you don't
want to look into the individual
properties and exactly what they are
buying
ETFs just make it very very easy though
I will say that the majority of
Millennials are just investing in ETFs
and I think it's unwise to only be
investing in ETFs because they're kind
of saturating that I think and who knows
well we'll see what the repercussions
are in the next year or so but I mean if
you have no idea
ETFs are probably a safe bet but I do
recommend
looking into the actual Holdings and
having a general idea of what the ETF's
goal is and what their objective or
either-or objective goal what what
they're trying to do with the portfolio
so you can actually see just by the name
generally what they're trying to do so
it's a Canadian capped REIT and they've
just got a bunch of different real
estate stocks that they're investing in
which is more or less a lot of the REITs
that we already have this is just an
easier way to invest in them one good
thing about a lot of ETS is it allows
you to invest in expensive stocks
without having to put a ton of money in
so say the ETF is $20 but it's investing
in a stock that costs $1000 this allows
you to own in a way it's like owning
fractional shares because there are a
lot of places where you can do this
Buttle I've haven't seen anywhere in
Canada that you can buy fractional
shares so ETFs are sort of like that
that hack to be able to sort of hold a
part owning of a stock and get part of
the profits from it because you're
getting the the average of all of their
yields together which makes it a lot
more diversified and safer for the most
part again none of this is financial
advice right I also invested in two
general investing ETFs I mean they do
generally have some focus but for the
most part they're pretty spread out so a
lot of the ETFs that I invested in like
these three here they're just very well
spread out I think one of the biggest
things that I've been looking for in
ETFs are Canadian ETFs that invest in US
stocks the reason being that if I earn
US dividends and the reason why I have
no US stocks whatsoever this is mainly
for Canadian investors Canadian
investors receive a tax benefit for
their dividends and if you're making a
certain bracket of income you can
actually get your dividends completely
untaxed which is where I'm at currently
because I make a lot of cryptocurrency
the good thing here is then you don't
you don't have to get taxed on it right
if I earn dividends in a higher tax
bracket they're still going to be
cheaper but if you earn them from the
United States
it's just taxed as capital gains I
believe I'm not sure though you have to
double check it might just be your
overall income no yeah it might just be
your overall income but I know for a
fact that because of how wide the gaps
are like for example you could be making
a hundred thousand dollars and still
receive some sort of tax benefit but if
you're like at 150 I think it's
somewhere around there is when you'll
actually start to basically make the
same amount from dividends as you would
otherwise you guys can fact check me on
that and post in the comments below
because I'm not exactly sure on on where
the margins of that or the exact points
in which the tax bracket changes but you
know that's definitely something to
consider if you're Canadian Wester
versus a u.s. investor Canadians should
mainly be focused on Canadian stocks or
you know what I'm doing is focusing on
Canadian ETS that invest in
international stocks and US stocks so
that way you can still be a part of
those markets and get the full tax
benefit as a Canadian investor I'm sure
the majority of people watching are not
Canadian investors so this won't be
super relevant but definitely look into
your countries dividend benefits and if
you have any kind of tax benefits then
that might apply to you as well the last
two stocks that I acquired on the first
are Telus and Waterloo brewing which is
a alcohol brewing company this is the
first alcohol company I've acquired I'm
actually from Waterloo and that company
is really really great and it had a huge
price opportunity when I bought it it
was about like 40 percent down I think
so and because it was so cheap is only
like a few bucks I bought 75
so I'm pretty excited about this one I
think there's a lot of potential even
though it's it's still down it's just
basically the booking cost I see this
going up a lot in the future and then I
and then I also bought Telus
I like Telus because even though it's
not as like widely used for like
Internet
and-and-and like cable and stuff I think
the future is gonna be a lot more
focused on mobile a lot of people are
cutting their their home phone their
landline if they still have them I be
surprised I'm sure some older people
still do a lot of people are cutting out
their cable because they're already
paying for Netflix and other solutions
so it's making it very very challenging
for like Rogers and Bell to keep up
luckily they have a monopoly on internet
so I'm sure they're going to hold this
for a very long time but for all we know
at some point Elon Musk is going is just
gonna launch like thousands of
satellites and everyone's gonna get free
Wi-Fi all around the world then the only
thing that you might not even need
telecommunications at that point so I'm
hesitant to be heavily invested in
telecommunications because I think they
might be just completely replaced by
some awesome new tech in the next 10
years but that's obviously like a pipe
dream and there's no really relying on
that that's just the way that I'm going
to go about it
and I'm mainly just looking at investing
in like I still think telecommunications
is important but I'm just really trying
to invest in the cellular side not as
much on the home services and utilities
so let me know what you guys think about
that what stocks are you investing in
what is your portfolio looking like how
are you trying to diversify what are you
mainly looking at from me this hasn't
really changed in terms of my goal the
weight obviously has has been reflected
with the new purchases but I'm still
trying to have the same general
weighting and a lot of my
like current weight is close to the
actual goals so I'm pretty happy with
the way that this is diversified right
now and something that I didn't really
actually cover yet is with the annual
crypto that I'm pulling in if that
continues to be the same rate and I can
actually make 640 from annual dividends
well that actually puts me at eighty one
dollars and thirty four cents on average
per month which completes my goal of
seventy five dollars per month
earned from dividends now that wasn't
exactly my goal what I really meant
originally was from Fiat so I haven't
hundred percent hit that goal but in
terms of the overall concept I just
wanted to be able to pay my cell phone
bill with passive income which is now
possible mind you I'm not actually
taking out my crypto I'm keeping it in
taking some of the excess and what I'm
doing essentially now is what I'm doing
with regular investing so as I earn
crypto I'm taking it out and I'm saving
a bit of it and putting a lot of it back
into investing in stay Keable and
dividend paying crypto currencies to
continue building this and I take a
certain amount out every month from my
overall earnings and put it aside for
alcohol and food things that I can pay
with easily with a card so that way I
can sort of offset those costs and then
just put that into investing in
dividends rather than actually
withdrawing it and then potentially
having to claim that on my taxes so
that's kind of my hack around that
hopefully me explaining all these really
great ways to get around things doesn't
end up biting me in the ass and and end
up making sort of tipping off CRA and I
don't know if they can actually do
anything about the things that I'm
talking about so you know you'll have to
make your own judgments there also if
you include the Realty income which is
the cryptocurrency token share of the
rental property then that's actually
going
- bus bump it up - $83.33 Canadian every
month so that is well above the goal and
I'm really really happy to be able to
report that I still want to get this up
to 75 by the end of the year and I think
that's more than possible so now my
overall goal is a hundred and
twenty-five dollars hopefully we can hit
it I think it's very very possible most
of this was achieved in the past five
months because of how down the market
has been and if I can somehow finesse
and continue doing this then I have no
doubt in my mind that we will get to 75
and 125 anyways let me know what you
guys are investing in what crypto
dividend or stay Keable stocks are you
investing in what are you investing in
for real estate what are you investing
in for dividend paying stocks and ETFs
how are you diversified I want to know
everything I'm sure other people are
curious as well let us know in the
comments below and if you did watch to
the very end I really appreciate it make
sure to comment hash tag number one him
and as always thanks for watching
Cheers thanks for sticking around since
you did please give this video a like
and if you'd like to see more make sure
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donating to the addresses below if
you're using an aetherium wallet you can
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you're using another wallet like coin
ami trust wallet atomic wallet you can
send to scott c business dot crypto on
both wallets i accept bitcoin aetherium
litecoin bitcoin cash and ripple anyways
thank you so much for watching don't
forget to comment like and subscribe
I'm Scott Cunningham aka @scottcbusiness
signing off
Cheers
