5 stocks I bought more of in 2021
Earlier this year, I shared 5 stocks I wanted to buy more of in 2021:
- Canadian National Railway (CNR)
- Algonquin Power (AQN)
- RioCan REIT (REI.UN)
- Alimentation Couche-Tard (ATD.B)
- BlackRock (BLK)
Today’s brief post recaps what I actually added to my portfolio in 2021, why, to reconcile what I really wanted to buy more of in 2021. Did I buy all of these stocks in 2021 as planned??
Reconciled: 5 stocks I bought more of in 2021
1. Canadian National Railway (CNR)
I’ve owned CNR for years inside my RRSP and I’ve been slowly building up my position in this company over time. With the pandemic raging on, supply chain issues concerning, I figured one of the best, low-cost ways to get goods moved around our continent remains via rail. So, in the summer of 2021/July 2021, I added another 30 shares of CNR to my portfolio. I now own just under 200 shares in total. I will continue to add more CNR shares to my portfolio when I feel the price might be right. CNR shares make up about 2% of our portfolio.
2. Algonquin Power (AQN)
I’ve been bullish on green energy for many years so I continue to own and add shares in Algonquin Power. I started buying AQN around $6 and added more around $7 per share.
In early October 2021, I bought another 100 shares inside my RRSP. I own AQN across a few acccounts and it now makes up about 2.4% of our overall portfolio. I/we DRIP 15 more shares of AQN every quarter.
3. RioCan REIT (REI.UN)
Admittedly, REI.UN has not performed well over the last 5-years although it did see a meaningful recovery since spring 2020, when share prices tumbled to about $15. Because RioCan remains one of Canada’s largest real estate investment trusts, and they continue to add assets to their portfolio, I continue to hold some RioCan units in my portfolio – for the overall diversification benefits that owning real estate can offer. With other assets purchased over the years, including some low-cost, broad-market ex-Canada ETFs for growth diversification, while I did buy a few shares in 2021, I also kept adding via my DRIP.
I DRIP my x1 RioCan share inside my TFSA. I own a few hundred shares of RioCan inside that account now, almost enough to DRIP x2 units per month.
4. Alimentation Couche-Tard (ATD)
I’ve owned Couche-Tard in my taxable account for a few years now but not many shares – until I purchased 50 more shares in April 2021. I own ATD for more growth oriented Canadian stocks in my taxable account because that’s a tax-efficient way to invest. On that note, I consider this company one of my “TULF” stocks.
A recap of Canadian TULF stocks to consider for your portfolio:
- “T” for telecommunication companies (think Bell, Telus and Rogers)
- “U” for utilities (think Fortis, Emera, Algonquin Power, Brookfield Renewable Partners, and others)
- “L” for low-yielding dividend growth stocks with growth potential (think Canadian National Railway, Waste Connections, Nutrien, Metro, Alimentation Couche-Tard, Brookfield Asset Management, and others), and last but not least everyone’s sector favourite in Canada for dividends,
- “F” for financials (you know the names).
Couche-Tard is a multinational convenience store owner-operator with tens of thousands of stores across Canada, the U.S., Mexico, Ireland, Norway, Sweden and more international countries. I believe they will continue to grow this company more via acquisitions over time.
ATD makes up < 1% of our overall portfolio.
5. BlackRock (BLK)
BlackRock remains a U.S. financial behemoth, and a big reason why we continue to own it. Year to date (at the time of this post) BLK is up 30% and we’re up about 100% since we bought this stock over 18 month ago – as the stock market began it’s recovery from March 2020 lows.
I had good intentions of buying more BLK if/when the price was right but now costing over $900 USD per share, it takes a bundle saved up to buy more meaningful BlackRock shares. Regardless, BLK now makes up close to 5% of our overall portfolio. I have no plans to sell this stock and if the stock price continues to move higher, I’m likely just to buy more low-cost ETFs units in XAW or VTI in my RRSP to further diversify assets as I work towards semi-retirement in the coming years.
5 stocks I bought more of in 2021 summary
The 2021 stock market year is almost over, and like you, I certainly didn’t see my portfolio being up almost 30% this year, in a pandemic no less, when January 2021 started.
I started the year intending to buy more of these 5 stocks. I managed to buy 4/5.
This year was another investing reminder that it pays well to remain invested – largely to sit on your hands after you make some investing decisions. By staying invested, sticking to a long-term game plan, and avoiding lots of transactions costs, it becomes clear that time in the market can deliver wonders.
As I work some new purchases in 2022, I will keep you posted.
A remimder I keep my Dividends page up to date here.
I keep this dedicated page about the best low-cost ETFs to own, and what I own here.
What do you make of my decisions in 2021? What are you buying in 2022?