cropped view of businessman in jacket holding dollar banknotes, isolated on black

Deploying Some Funds, Step One Point Five

I probably shouldn’t post every transaction to this blog.

But today, I just pushed another 1% of the cash into the stock market.

Yesterday, I bought some good stocks at good prices. But looking at the results today, I see some unevenness in the dollar amounts invested.

So today, I bought some more Manulife and Pembina Pipeline to bring them closer to the other investments regarding the total amount invested. They’re good companies, and their dividends are both around 5%.

I also decided to double-up a position I previously had (and hadn’t mentioned on this blog), Pizza Pizza Royalty Corp (PZA).

Pizza Pizza pays a dividend of just above 6.5%. The stock is not likely to rise (or fall) too much over time, so I’m not expecting capital appreciation. But it’s a nice 6.55% dividend payer that pays monthly. I make more from PZA in dividends than I spend on pizza in real life. Which is a nice delicious benefit.

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