hey guys it's Adrian here the Canadian in a T-shirt and welcome to my Members Only video
where I'll be showing you what Canadian stocks I'm buying in my tfsa in May 2023 just like my April
video which I released last week I'll be making this video public for about a week or so and then
I'll move it back to my members only section I've been running this membership program for the past
three years and I want to keep these members only videos separate from the rest of my channel and
here's why in these videos I do a deep dive of my portfolio and the stocks and ETFs I'm buying
at that point in time but these videos do have a much shorter lifespan after a couple of weeks or
a month or two No One's Gonna care what stocks I bought back in May of 2022. so for those of you
who are interested you can watch these videos with the black thumbnails in their own separate members
only section but for my main public Channel I want to keep it clean and I don't want to clutter it
with these short-term videos all of the videos on my main channel are still relevant and useful
for years down the line and that's my goal but I decided to make this video public to give you
guys a taste of what my membership program looks like and to give you a peek into my portfolio as a
long-term investor and hopefully put your mind at ease during these uncertain times in the markets
I always like to start with a portfolio summary and you can see that right now my tvsa portfolio
on Quest trade is down compared to last month the Canadian Market as a whole has been down
especially two key sectors that I'm invested in the real estate sector which is down because of
rising interest rates and the financial sector mainly because of the turmoil happening with the
U.S banks clicking on positions you'll see that TD Bank is the largest holding in my quest trade
tfsa I'll talk about TD Bank later in the video but they are heavily exposed in the US which is
why their share price has been dropping in the past several months TD is my biggest position
so this is bringing down my portfolio overall that being said my portfolio is still in the green with
capital gains of about Seventeen hundred dollars even though the market is at a low point right now
and a lot of stocks are down I'm still profitable and when the market eventually does recover that's
when I'll see some real gains this is a very important lesson of investing that I talk about
in this video where I compare my portfolio someone who's been investing for many years compared to
a beginner who's only been investing for a few months very similar portfolios and we own the
same stocks but the new investor is in the red and the long-term investor is in the green That's The
Power of time so if you just started investing a few months ago and your portfolio is in the
red don't get discouraged ignore the short-term Performance Real wealth is built in the long term
in the short term yes my portfolio is down I only have about Seventeen hundred dollars of
capital gains a month ago in my last video I had over six thousand dollars in gains and now
two weeks later while editing I'm up two thousand two hundred dollars these short-term fluctuations
do not matter and this number here is just capital gains on top of that I'm also earning dividends
in my tvsa I'm earning five thousand two hundred and fifty dollars every year in dividends that's
one hundred percent tax-free passive income I actually just received a bunch of dividends and
after my dividends and drips went through I had about 170 bucks plus I made an 800 deposit into
my tfsa so you'll see here on my available cash I have nine hundred and seventy dollars ready to
buy stocks with right now before that I want to update my spreadsheet with some dividend
increases starting with Telus ticker symbol T Telus was paying a dividend of 35 cents per
share but they just increased their dividend by 3.6 percent looking here on questrate we
can see the new dividend of 0.3636 dollars per share updating that on Excel and boom you can
see that my drip ratio just jumped up as did my annual dividends I am now earning a hundred and
seventy six dollars a year in dividends from Telus a dividend raise of 3.6 is great but even better
Telus increases their dividend twice a year if you want a breakdown of what all these columns mean
on my Excel spreadsheet watch my drips explained video here and as always I include a free link to
download a template of this Excel dividend tracker in the description box below so feel free to use
it our next dividend increase is [ __ ] Bank of Montreal and they just bumped up their dividend
by about three percent now they're paying a dollar forty seven per share update that on Excel so now
I'm earning 83 a year in dividends with [ __ ] in my tfsa account I also hold [ __ ] in my
non-registered account I'll cover that in a later video now it's time to buy some stocks I have
970 dollars in cash available so what stocks am I going to buy in my last video my goal was logging
in that last strip with Manulife and now all of these rows are in green those drips are locked in
with the drip ratio of above one so every month or every quarter I'm getting those extra shares
tax free today I'm going to be buying a stock that I haven't bought directly in a while in my tfsa at
least and that's TD Toronto Dominion Bank as I said before TD stock has been dropping the past
two months but I look at this as an opportunity to buy this amazing stock at a great discount
looking here at the end of February early March that's when the market turmoil started happening
in the US with the collapse of Silicon Valley Bank Signature Bank Etc then TD's acquisition of First
Horizon Bank that deal fell so since then we've seen a downward Trend in the past three months
but it's still a fundamentally sound company TD Bank has been around for almost 200 years and
they are one of my all-time favorite stocks when you have this downward Trend a lot of people panic
like and freak out and sell their shares I do the opposite I look at this and I see an incredible
opportunity to lock in a great discount let's talk about what happened the troubles started
in March with the failure of several U.S Regional Banks namely Silicon Valley Bank Signature Bank
and eventually First Republic Bank I've talked about this in detail in this video here but
this rocked the financial World especially in the U.S side out of the big six Canadian Banks TD has
the largest presence in the US which is why it's been hit harder than the other Canadian Banks I've
talked about this in many of my past videos but TD has been aggressively expanding into the United
States both through opening branches but also through Acquisitions in fact TD made a big push
with a 13 billion dollar acquisition of the U.S Regional Bank First Horizon this was a 13 billion
dollar deal but unfortunately last month the deal fell through given this state of turmoil with the
U.S Regional Banks I think it's good that the deal didn't go through but naturally this kind of news
creates uncertainty and hurts the stock price but just because the deal fell through doesn't mean
that TD lost 13 billion dollars no they still have that money it's now just sitting as extra
capital and that's the Silver Lining here now TD has about 18 billion dollars of excess Capital
that they can use to expand in other ways maybe in the future they'll try another acquisition but for
now they've announced that they'll be spending this 18 billion dollars in organic growth by
opening more branches in the States they're going to open 150 new locations in the next few years on
top of that they also want to expand their wealth business investment planning mutual funds that's a
big money maker for them finally TD is planning 30 million shares of stock BuyBacks that's two
and a half billion dollars worth of shares stock BuyBacks can mean different things but to me this
is a good when a company buys back shares they are reducing the supply of available shares that
increases demand and drives up the share price for investors like myself and second this does instill
a sense of confidence for investors if a company is willing to buy back 30 million of its shares
then they see a bright future ahead so that's why the stock price is down right now but to me this
is a good thing and a great chance to buy it on sale so not only will I be getting great capital
gains once the stock eventually recovers but I'm also locking in an inflated higher dividend yield
of right now it's 4.56 percent for TD Bank to be paying a dividend yield of 4.5 percent we haven't
seen these levels since the crash of 2020 so I definitely don't want to miss this opportunity
so click buy and sell confirming my available cash I have 970 but I'm only going to be spending about
750. in my calculator I enter 755 I take away five dollars in commission fees since I'm buying
a stock and we divide by the current share price 78.29 so I can afford to buy nine shares but since
I have extra cash I'll round it up to 10 shares 10 shares at market price in my tfsa click buy it
will cost me 782 plus five dollars commission fees for a total of 787 click Send order boom order
was filled I bought 10 shares looking at my cash balance I have 183 dollars left so I'll use that
to buy some ETFs just like last time I'm going to be buying vdy this is one of my favorite dividend
ETFs it's a Vanguard ETF that tracks 56 high-yield dividend stocks among the largest companies in
Canada they pay a great yield of 4.66 percent and they pay their dividends every month this ETF
is heavily focused on the financial sector so it contains the big Banks like TD and the big banks
are trading at a discount so vdy is trading at a discount with an inflated dividend yield right now
so let's buy some shares let's take my available cash 183 divide by the current share price 40.95
and I can afford to buy four shares confirm the details and send order and boom order was filled
I bought these four shares 10 seconds before the market closed looking at my cash balance 19 left
not enough to buy anything with so I'll stop there go into my positions Tab and TD you see I now own
149 shares let's update that on Excel as soon as I hit enter these numbers will bump up now TD is
earning me 572 dollars a year in dividends in my tfsa let's update the book value it's now 11
374. that's how much money that I've put into the stock either directly and through drips I
also bought vdy go into my positions I now own 64 shares the book value is 2205 and video wise
pay me 124 a year with today's purchase I got a nice bump I'm now receiving 5 300 a year in
dividends this is 100 tax-free passive income and my tfsa book value that's how much money I've put
in as well as dividends reinvested through drip is about ninety seven thousand dollars I'm very
close to reaching a hundred grand in my tfsa if my tvs8 was maxed out the maximum lifetime
contribution limit of my tfsa in 2023 would be 88 000 I haven't even maxed out my tvsa yet and
my book value is already ninety seven thousand dollars that's the power of investing in your
tvsa rather than saving as my investments grow and I receive dividends and reinvest those dividends
that income is 100 tax free and it essentially increases my TFC contribution room I hope you
found this video helpful and I hope you enjoyed this free glimpse into my membership program if
you want to join and watch the rest of my members only videos where you'll see every single stock I
buy in my tvsa and rrsp account as well as a full portfolio reveal then hit the join button down
below to help support my channel it will cost five dollars a month or a dollar a week and I
really do appreciate it running this YouTube channel is now my full-time job and YouTube
use and AD Revenue can really fluctuate month to month this membership program is by far the
most reliable stream of income that I can count on but don't feel pressured to join it's your
money and if you'd rather invest that money every month then please do that if you don't
need this detailed breakdown of my portfolio the numbers and analytics if you just want a
snapshot of my portfolio and the stocks that I'm buying you could do that for free by downloading
the blossom social app I'll include my referral link down below it's totally free to join and
the blossom Community just reached 25 000 users and I'm very excited to see it grow thanks for
watching and I'll see you guys on the next episode of the Canadian in a t-shirt bye guys [Music]