Initial Value $41,000.00
December 18, 2016
Update Value $52,586.48
May 25, 2017
In May 2015, I created an income portfolio designed for Tax-Free Savings Accounts (TFSAs).This portfolio has a goal of generating cash flow of at least 5%. Income is the key to its success; any capital gains are a bonus. Note that because the securities chosen have above-average yields, risk is on the high side. So this is not a good model for very conservative investors.
I selected 10 securities from the Income Investor Recommended List. All are Canadian based so currency exchange is not a factor, except for the distributions from the limited partnerships, which are in U.S. dollars. I gave each security an initial weighting of approximately 10% for diversification and balance.
As of May 19/17 the overall value of the portfolio was $52,586.48. That was a profit of 9.3% since the December 2016 update. Since inception two years ago, the portfolio has gained 28.3% for an average annual compound growth rate of 13.25%.
TII1710 | TII1624
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