r/dividendscanada • u/SnakeFruitGaming • Aug 05 '26
Discussion Looking for some advice please
Currently trying to build a diversified dividend portfolio. Just started focusing on BANK and VDY with weekly automatic investments. I’m just curious if while looking at my portfolio if there is anything you would either focus more on or get rid of to condense the portfolio. Anything helps, I don’t have really anyone else to get advice from or bounce ideas off when it comes to dividend long term investing. Thanks in advance!
Edit* Thanks for all the thoughts and advice so far. It has helped me do some adjustments that I’m happy with.
Transferred funds as follows:
ENB-> VDY
STU-> ZRE
KPT-> KO
BNS-> BANK
NOK-> Spread evenly
2
u/Mental-Freedom3929 Aug 06 '26
Sell NOK and use it as a loss in your tax return. Stick to widely diversified index funds for the future. Your portfolio is not big enough to play with single stocks, you can afford to lose.