Money While You Sleep 2019 September Edition

Welcome to September’s monthly update. Another crazy month has come and gone. The US has lowered the interest rate a quarter percent, Trump is being investigated, drone hits Saudi Arabia oil facility, import taxes are hitting different sectors and Climate change is drawing more attention as each month passes. The economy is starting to show some red flags. Be careful out there!

On a personal note we yet again have had a pretty busy month, The reason I share pictures and notes of what we have been up to is simple: There are many that find investing boring, scary or quite frankly difficult to do when raising a small family. I want to give hope to those that want to quit, think it’s too hard or they’re just to busy. You can do this! Do a little bit each day/week/month, invest in yourself so that you can do more than just work/run a business/ be a stay at home mom/ or whatever you do. It can be done. Put the effort in and one day it will all pay off 🙂

I celebrated my 37th birthday.
Z started dance 4 days a week.
Work was pretty crazy busy.

Here are a few pictures

C just enjoying being his little human self

Kids enjoying themselves before the white stuff arrives

Now let’s get down to business

Portfolio details:

As you know if you have been following my blog we slightly changed the strategy using about 5% of the portfolio to trade mainly well respected companies, when short term noise has hurt the stock price we purchase these companies and then move on to the next candidate. This month saw the strategy bring in $652 selling a few stocks. This bring’s the 2019 total to $4,194 not including any dividends received. Stocks traded not discussed below were NPI.TO and CPX.TO.

Sold

Reduced position in Suncor by selling 27 shares at $42.21

I love Suncor however after the drone hit Saudi Arabia, oil spiked and Suncor stock surged i sold off the shares i bought only 3 weeks prior at $37.75. It was an easy 12% gain and i also received the quarterly dividend. I will revisit Suncor later in the year but for now i will sit with a 2/3 position.

Reduced position in Manulife by selling 50 shares at $44.26

Manulife went on a bit of a tear as of late. I still love manulife however it doesn’t get a lot of love due to past history. I brought my holding position down to 5% of my portfolio and also received the last quarterly dividend. This was a quick 9% gain in 3 weeks.

Reduced position in Sleep Country Canada by selling 50 shares at $22.00

This is just strategy. We sold some at $21 and sold some at $22. This was a $50 profit not including dividends. If the stock continues to rise we will revisit selling more at $23.

Sold full position in Exchange income fund (EIF.TO) by selling 45 shares at $40.73

This was the hardest sell of all. This company has been very good to the portfolio. It was getting a bit rich for me and personally one bad quarter could drive this stock back into the high 20’s. We decided to sell at a 21% profit not including the generous dividend. This one has been added to my watch list.

Purchased

Opened up a position in NFI Group INC (NFI.TO) by purchasing 135 shares @ $29.19

Who is NFI Group INC?

NFI Group Inc., together with its subsidiaries, manufactures heavy-duty transit buses, medium-duty buses, low-floor cutaway buses, and motor coaches in the United States and Canada. The company operates through two segments, Manufacturing Operations and Aftermarket Operations. It also provides bus and coach parts and support services. NFI Group Inc. distributes its products under the New Flyer, MCI, ARBOC, and NFI Parts brands. The company was formerly known as New Flyer Industries Inc. and changed its name to NFI Group Inc. in May 2018. NFI Group Inc. was founded in 1930 and is headquartered in Winnipeg, Canada.

My Why:

NFI has the market share when it comes to buses. They recently purchases Alexander Dennis to take even more market share. This purchase now gives them more than just Canada and the USA, it brings UK, Europe, Hong Kong, Singapore, New Zealand and Mexico. Although earnings have missed as of late, with the world changing and looking at other alternatives from Gas and Diesel NFI is set up to provide these options. Expected annual growth based on 7 analysts is 38.4%, hard to find that in this inflated market. Payout ratio is sitting at 70% which i’m okay with. Coliseum Capital Management has recently been eating up shares by purchasing over $34,000,000 in last 40 days and independent director Adam Gray bought up about $9,000,000 from Aug 26-Sept 3. This shows confidence in the companies future. Forward dividends from this purchase is $229 annually.

Dividend increases or decreases

September

No decreases this month

2016 – 2017 – 2018 – 2019 Dividends

Dividends received in September were $311.13 which is a 15% increase year over year and this keeps us on track to hitting our 2019 dividend goal of $2,400.

Dividends received per stock

CSH.UN	$11.10
CJ.TO	$4.01
PLZ.UN	$9.24
ARX.TO	$8.80
ALA.TO	$5.36
EXE.TO	$6.92
FRU.TO	$5.99
GH.TO	$5.18
EIF.TO	$8.55
MFC.TO	$44.75
XTC.TO	$27.36
POW.TO	$34.43
CHW.TO	$7.00
NPI.TO	$14.00
CHR.TO	$20.40
SIS.TO	$12.04
SU.TO	$38.64
TOG.TO	$8.98
RUS.TO	$38.38
TOTAL:	$311.13

In the last quarter of the year we will be taking a hard look at our holdings and making some keys adjustments so we can focus on dividend growth.

If you have any suggestions please feel free to leave a comment.

What are you currently looking at purchasing? How do you feel about all the red flags recently going on globally? What sectors look attractive to you and which ones are reaching the end of their sector?

Thank you for reading, see you next month and remember:

INVEST IN YOURSELF

Brian