I wrote about my short term goals yesterday, which didn’t include any specific investing goals for 2011.  However part of my medium term goals is to double my total investment portfolio and increase my dividend income to $5,000 anually within five years.  This past year was a good one for my RRSP and TFSA portfolios (although not as good as 2009), with decent capital gains and a few dividend increases.

RRSP Portfolio

I changed careers in late 2009 and went from the private sector to the public sector, and since I now contribute to a defined benefit plan I no longer contribute annually to my RRSP.  That doesn’t mean this portfolio will be forgotten about, in fact I made quite a few transactions this year.

I opened new positions with Fortis (FTS), Shaw Communications (SJR.B), Great West Life (GWO), and TransCanada Corp (TRP).  I also added to existing positions with Telus (T) and Bank of Montreal (BMO).

I also completely sold off my shares in Reitman’s (RET), TransAlta (TA), and Groupe Aeroplan (AER) as I didn’t feel they fit with my dividend growth investing strategy for the long term.  I gained 16%, 9%, and 42% respectively with those transactions.  Of course shortly after I sold, Reitman’s raised their dividend by 11%.

Here’s a look at my RRSP portfolio:

Symbol Shares Book Price Market Value Yield
BMO 60 $52.21 $3,492.60 5.36%
BNS 45 $42.64 $2,588.40 4.60%
BCE 80 $24.52 $2,878.40 8.03%
CM 32 $60.29 $2,521.92 5.77%
FTS 100 $29.28 $3,391.00 3.96%
GWO 100 $28.89 $2,636.00 4.26%
LIQ.UN 160 $12.14 $2,438.40 8.90%
REI.UN 130 $14.75 $2,931.50 9.35%
SJR.B 100 $20.38 $2,145.00 4.32%
T 85 $31.74 $3,864.95 6.62%
TRP 60 $37.91 $2,293.20 4.22%
CASH $7,213.14
TOTAL $38,394.51 5.94%

I do have a fair bit of cash sitting in this account and am considering opening new positions with Husky Energy (HSE) and Sun Life Financial (SLF), or possibly a few others.  I’ll keep you posted.

TFSA Portfolio

I treat my Tax Free Savings Account as an important part of my 3-income stream retirement plan, and use the dividend growth investing strategy in this account.  Back in 2009 when I first opened up my TFSA, I purchased high yield income trusts.  This year I made some transactions to get this portfolio to where I want it to be.

I sold all of my shares in Yellow Pages (YLO.UN), Penn West Energy (PWT.UN), Macquarie Power (MPT.UN), and Davis & Henderson (DHF.UN), gaining 14%, 13%, 16%, and 4% respectively.  Then I purchased new positions in Emera (EMA), Enbridge (ENB), and Cominar REIT (CUF.UN), maxing out my TFSA contribution room – plus the gains in the previous sales.

Here’s a look at my TFSA portfolio:

Symbol Shares Book Price Market Value Yield
CUF.UN 70 $19.72 $1,457.40 7.30%
EMA 200 $24.84 $6,332.00 5.23%
ENB 100 $49.56 $5,651.00 3.95%
CASH $419.07
TOTAL $13,859.47 5.50%

I’m not quite sure what the plan is for my TFSA this year, since we will be putting a considerable downpayment on our new house and would also like to hold a cash reserve as a contingency fund in case of extra costs associated with the building process.

Related: 4 Hidden Costs When Buying And Selling A House

I’m hoping that 2011 is the year of the dividend increase, since I may not be adding any new money to either portfolio this year.  I’ll let the cash build up from dividend payments though, and wait for an attractive purchase price for any new opportunities.

For those of you who updated their portfolios at the end of the year, how did you do?  Are you bullish or bearish on the markets for 2011?


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