- VDY will pay 0.13687$ per share on the 03 June 2015. I will receive 1.50557$ from VDY.
- ZRE will pay 0.088$ per share on the 04 June 2015. I will receive 0.352$ from ZRE.
In the cut the fee series, I’ve managed to cut my banking fee by 50% and more.
I was doing every transaction with National bank of Canada since I was a kid and I was paying a monthly fee of 6.25$. But since the last increase of fee in May from 6.25$ to 8.25$ , I’ve chosen to do most of my transaction with Tangerine. Tangerine are offering unlimited free transaction and is owned by Scotia Bank. By doing this, I downgrade my fee to the 3.25$ package at NBC and this will save me 5$ by month just by using Tangerine. This saving represents 60$ by year.
The only reason why I didn’t cut everything from NBC is they have more bank/ATM around me than Scotia bank. Also, I love the fact that I can go somewhere if I need something that I don’t really understand well to talk with them.
If you want to open an account with Tangerine, you can use my Orange Key 17418138S1 and get a $50 Bonus! Visit tangerine.ca/referafriend
Note:I will receive a bonus if you use my orange key, but I only recommend what I am really using.
A month ago I’ve chosen to open up an account with the low fee broker Questrade.
I’ve made an initial investment of 400.82$ on ETF as my first trade. I’ve bought 10 shares of VDY.TSX at 31.75$ and 4 shares of ZRE.TSX at 20.83. These two ETF are paying dividend monthly.
For the month of April, I’ve received a total of 0.97$ of dividend.
Last week, I’ve added 1 share of VDY at 31.19$ for a total of 11 VDY.
With these ETF, I am trying to build up an investment fund. In the future, I will use this fund to buy some stock company that will give me some dividend. I’m trying to go towards the dividend investment strategy to make my money work for me.
My strategy, every buy I make in the future and why I’ve chosen these two ETF to start will be discuss in detail in the next couple weeks.