RRSP Retirement Portfolio 2012In Canada when you turn 71 you must collapse your RRSP (retirement portfolio) and roll it into another type of retirement plan to begin withdrawing capital from the RRSP. I no longer have an RRSP but I have created this one as a model portfolio to show readers how I did approach investing for retirement. In my retirement portfolio almost all stocks I picked were for long term gains. Therefore this portfolio is comprised of dividend paying stocks and covered calls. I never believe in buy and hold but do believe in buying and selling covered calls to augment the capital appreciation and dividends being paid to me. This model retirement portfolio then was started Jan 3 2012 and I will update it continually with example trades throughout the year. I have started with just $300,000.00 in order to assist readers who may not have a large retirement portfolio and are looking for ideas on how to grow their portfolio. For  readers who have large portfolios, the strategies I am using can be employed against a a variety of positions, small or large and I will endeavor to explain different steps I would have taken in larger positions or with larger sums.

Model Retirement Portfolio For 2012

Canada RRSP Portfolio

Retirement Portfolio Goal for 2012: 12%
Capital Currently In Use: $300,000.00
Capital Currently In Use: $234,625.00
Income Earned in 2012: $23964.75
TOTAL CAPITAL NOT INVESTED: $85103.00
Return To Date For 2012: 7.9%


DateStock At
Time Of
Trade
Retirement Portfolio (RRSP) Action Taken (All Amounts Are In Either US or Can dollars and are marked as such)
ACTIVE TRADES ARE HIGHLIGHTED
Comm.Capital
At Risk
Capital
Returned
Gain/LossTotal
Income
CANADIAN STOCKS ARE BELOW – CURRENCY CAN$ on Toronto Stock Exchange
USA STOCKS ARE BELOW CANADIAN STOCKS
Jan 3 201252.20Bought 500 shares Royal Bank Stock (Symbol RY)
Status: All 500 shares have covered calls
7.0026107.00
Jan 3 201211.20Bought 500 shares Manulife Stock (Symbol MFC)
Status: All 500 shares have covered calls
7.005607.00
Jan 3 201214.03Bought 1500 shares ZWB BMO Covered Call Canadian Banks ETF
Status: No covered calls being used
7.0021052.00
Jan 3 301242.19Bought 500 shares Bell Stock  (Symbol BCE)
Status: All 500 shares have covered calls
7.0021102.00
Jan 3 201257.04Bought 500 shares BMO Stock (Symbol BMO) Bank Of Montreal Stock
Status: All 500 shares have covered calls
7.0028527.00
Jan 3 201276.58Bought 500 shares TD Stock (Symbol TD) TD Canada Trust
Status: All 500 shares have covered calls
7.0038297.00

Jan 13 201242.40Sold 5 covered calls Bell Stock (BCE) 18MAY12 $43 for .81
Status: Covered Calls Expired
13.25391.75391.75
Jan 24 201279.30Sold 3 Covered Calls TD Stock 21JUL12 $86 for .9510.75274.25666.00
Jan 24 201253.50Sold 3 Covered Calls Royal Bank Stock 21JUL12 $56 for $1.3710.75400.251066.25
Jan 24 201253.50Sold 2 Covered Calls Royal Bank Stock 19JAN13 $58 for $1.809.50350.501416.75
Jan 24 201253.79Dividend Royal Bank Stock 500 X .54270.001686.75
Jan 24 201212.71Sold 5 covered calls Manulife Stock 19JAN13 $16 for .4613.25216.751903.50
Jan 26 201214.10ZWB BMO Covered Call Canadian Banks ETF Dividend 1500 X .095142.502046.00
Jan 30 201258.18BMO Stock Dividend 500 X .70350.002396.00
Feb 17 201212.64Manulife Stock Dividend 500 X .1365.002461.00
Feb 24 201214.26ZWB BMO Covered Call Canadian Banks ETF Dividend 1500 X .085127.502588.50
Mar 7 201256.70Bought 400 shares BMO Stock – Bank Of Montreal Stock7.0022687.00
Mar 7 201252.35Bought 500 shares BNS Stock – Bank of Nova Scotia Stock7.0026182.00
Mar 13 201240.80Bell Stock (BCE) Dividend 500 X .5425271.252859.75
Mar 20 2012$59.00Sold 3 Covered Calls BMO Stock – Bank Of Montreal Stock 20OCT12 $60 for $1.8210.75535.253395.00
Mar 20 2012$59.00Sold 3 Covered Calls BMO Stock – Bank Of Montreal Stock 20OCT12 $58 for $2.8510.75844.254239.25
Mar 20 2012$59.00Sold 3 Covered Calls BMO Stock – Bank Of Montreal Stock 19JAN13 $62 for $1.5010.75439.254678.50
Mar 20 201255.70Sold 5 Covered Calls BNS Stock – Bank of Nova Scotia Stock 21APR12 $55 for $1.0513.25511.755190.25
Mar 23 2012$84.40Sold 2 Covered Calls TD Stock 20OCT12 86 for $2.529.50494.505684.75
Mar 27 201214.73ZWB BMO Covered Call Canadian Banks ETF Dividend 1500 X .085127.505812.25
Mar 29 201231.75Bought 2000 shares FTS STOCK (Fortis Energy)7.0063507.00
Mar 30 201255.88BNS STOCK Dividend 500 Shares X .55275.006087.25
Apr 2 201284.52TD STOCK Dividend 500 shares X .72375.006462.25
Apr 3 201232.30Sold 2000 shares FTS STOCK (Fortis Energy)7.0064593.001086.007548.25
Apr 9 201231.95Bought 2000 shares FTS STOCK (Fortis Energy)7.0063907.00
Apr 10 201254.10Bought 1000 shares BNS STOCK7.0054107.00
Apr 10 201239.45Bought 1000 shares BELL STOCK (BCE)7.0039457.00
Apr 11 201240.00Sold 1000 shares BELL STOCK (BCE)7.0039993.00536.008084.25
Apr 12 201255.25Sold 1000 shares BNS STOCK7.0055243.001136.009220.25
Apr 16 201232.55Sold 2000 shares FTS STOCK (Fortis Energy)7.0065093.001186.0010406.25
USA STOCKS ARE BELOW – CURRENCY US$
Jan 3 201226.50Bought 500 shares Microsoft Stock (Symbol MSFT)7.0013257.00
Jan 3 201258.57Bought 500 shares YUM Stock (Symbol YUM)7.0029292.00
Jan 11 201260.92Yum Stock Dividend 500 X .285142.5010548.75
Feb 14 201237.44Bought 1000 shares RCI Stock – Rogers Communications Stock7.0037447.00
Feb 14 201230.25Microsoft Stock Dividend 500 X .20100.0010648.75
Feb 15 201238.05Sold 1000 shares of RCI Stock – Rogers Communications Stock7.0038043.00596.0011244.75
Mar 7 201262.35Bought 500 shares PEPSICO STOCK (PEP)7.0031182.00
Mar 22 201231.85Microsoft Stock Sold 5 Covered Calls 19MAY12 $33 for .47
Select this link to read why I sold Microsoft Stock covered calls now.
Status: Bought to close May 8 for .07 cents
13.25221.7511466.50
Mar 22 201271.00Yum Stock Sold 500 shares at $71.00
Select this link to read why I sold my YUM Stock today.
7.0035493.006201.0017667.50
Apr 3 201266.60Sold 500 shares PEPSICO STOCK (PEP)7.0033243.002061.0019728.50
Apr 13 201263.60Bought 500 shares Johnson and Johnson Stock (JNJ)7.0031807.00
Apr 13 201263.60Sold 5 Covered Calls Johnson and Johnson Stock 21JUL12 $62.50 for $2.2713.251121.7520850.25
May 8 1230.22Bought to close 5 Covered Calls Microsoft Stock 19MAY12 $33 for .0713.25(-48.25)20802.00
May 14 1230.90Sold 5 Covered Calls Microsoft Stock 16JUN12 $29 for $2.3513.251161.7521963.75
May 15 1230.21Microsoft Dividend 500 shares X .20100.0022063.75
May 21 1267.33Bought 500 shares YUM STOCK at $67.337.0033672.00
May 24 1263.10Johnson and Johnson Stock Diviidend 500 shares X .61305.0022368.75
May 30 1270.55Sold 500 Shares YUM STOCK at $70.557.0035268.001596.0023964.75