In case you haven’t been following along, every two weeks I am contributing $1,000 into the 70/30 portfolio. About 22 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: allocationtool31012020
The 70/30 portfolio is up $552.30 including the $63.99 in dividends so far. Next $1,000 contribution will be around February 14th 2020. This portfolio was only started 22 weeks ago and already it generates about $100 a month in passive growth at a 10% interest rate.