In case you haven’t been following along, every two weeks I am contributing $1,000 into the 70/30 portfolio. About 16 weeks ago, I contributed the first $1000 into the 70/30 Portfolio with Questrade. Here is a recap from August 26th 2019:
Now it’s time to contribute another $1,000 into the portfolio. I’m going to be buying just the right amount of individual index funds to keep my target allocations (+/- 1%) within my chosen range. To start, in my Allocation Tool, I adjusted the unit price so that it is current. I then bought approximately $1,000 worth of index funds in a way that kept my allocations relatively close to my original target goals. Feel Free to use my Allocation Tool: allocationtool20122019
The 70/30 portfolio is up $360.92 including the $15.37 in dividends so far. Next $1,000 contribution will be around January 3rd 2020. This portfolio was only started 16 weeks ago and already it generates about $900 a year at a 10% interest rate, that’s bananas, lots of bananas (about 2,730 bananas a year at $0.33 each). Also important to note, the volatility of this portfolio is smoothed out by the Realestate and Bond index funds. As expected when the equity market goes up (VUN, XEF and VCN) the Bond and Realestate markets go down (while still paying a nice dividend). In theory, the opposite is true when equity markets take a temporary down turn.