RRSP Retirement Portfolio 2012

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%


Date Stock 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/Loss Total
Income
CANADIAN STOCKS ARE BELOW – CURRENCY CAN$ on Toronto Stock Exchange
USA STOCKS ARE BELOW CANADIAN STOCKS
Jan 3 2012 52.20 Bought 500 shares Royal Bank Stock (Symbol RY)
Status: All 500 shares have covered calls
7.00 26107.00
Jan 3 2012 11.20 Bought 500 shares Manulife Stock (Symbol MFC)
Status: All 500 shares have covered calls
7.00 5607.00
Jan 3 2012 14.03 Bought 1500 shares ZWB BMO Covered Call Canadian Banks ETF
Status: No covered calls being used
7.00 21052.00
Jan 3 3012 42.19 Bought 500 shares Bell Stock  (Symbol BCE)
Status: All 500 shares have covered calls
7.00 21102.00
Jan 3 2012 57.04 Bought 500 shares BMO Stock (Symbol BMO) Bank Of Montreal Stock
Status: All 500 shares have covered calls
7.00 28527.00
Jan 3 2012 76.58 Bought 500 shares TD Stock (Symbol TD) TD Canada Trust
Status: All 500 shares have covered calls
7.00 38297.00

Jan 13 2012 42.40 Sold 5 covered calls Bell Stock (BCE) 18MAY12 $43 for .81
Status: Covered Calls Expired
13.25 391.75 391.75
Jan 24 2012 79.30 Sold 3 Covered Calls TD Stock 21JUL12 $86 for .95 10.75 274.25 666.00
Jan 24 2012 53.50 Sold 3 Covered Calls Royal Bank Stock 21JUL12 $56 for $1.37 10.75 400.25 1066.25
Jan 24 2012 53.50 Sold 2 Covered Calls Royal Bank Stock 19JAN13 $58 for $1.80 9.50 350.50 1416.75
Jan 24 2012 53.79 Dividend Royal Bank Stock 500 X .54 270.00 1686.75
Jan 24 2012 12.71 Sold 5 covered calls Manulife Stock 19JAN13 $16 for .46 13.25 216.75 1903.50
Jan 26 2012 14.10 ZWB BMO Covered Call Canadian Banks ETF Dividend 1500 X .095 142.50 2046.00
Jan 30 2012 58.18 BMO Stock Dividend 500 X .70 350.00 2396.00
Feb 17 2012 12.64 Manulife Stock Dividend 500 X .13 65.00 2461.00
Feb 24 2012 14.26 ZWB BMO Covered Call Canadian Banks ETF Dividend 1500 X .085 127.50 2588.50
Mar 7 2012 56.70 Bought 400 shares BMO Stock – Bank Of Montreal Stock 7.00 22687.00
Mar 7 2012 52.35 Bought 500 shares BNS Stock – Bank of Nova Scotia Stock 7.00 26182.00
Mar 13 2012 40.80 Bell Stock (BCE) Dividend 500 X .5425 271.25 2859.75
Mar 20 2012 $59.00 Sold 3 Covered Calls BMO Stock – Bank Of Montreal Stock 20OCT12 $60 for $1.82 10.75 535.25 3395.00
Mar 20 2012 $59.00 Sold 3 Covered Calls BMO Stock – Bank Of Montreal Stock 20OCT12 $58 for $2.85 10.75 844.25 4239.25
Mar 20 2012 $59.00 Sold 3 Covered Calls BMO Stock – Bank Of Montreal Stock 19JAN13 $62 for $1.50 10.75 439.25 4678.50
Mar 20 2012 55.70 Sold 5 Covered Calls BNS Stock – Bank of Nova Scotia Stock 21APR12 $55 for $1.05 13.25 511.75 5190.25
Mar 23 2012 $84.40 Sold 2 Covered Calls TD Stock 20OCT12 86 for $2.52 9.50 494.50 5684.75
Mar 27 2012 14.73 ZWB BMO Covered Call Canadian Banks ETF Dividend 1500 X .085 127.50 5812.25
Mar 29 2012 31.75 Bought 2000 shares FTS STOCK (Fortis Energy) 7.00 63507.00
Mar 30 2012 55.88 BNS STOCK Dividend 500 Shares X .55 275.00 6087.25
Apr 2 2012 84.52 TD STOCK Dividend 500 shares X .72 375.00 6462.25
Apr 3 2012 32.30 Sold 2000 shares FTS STOCK (Fortis Energy) 7.00 64593.00 1086.00 7548.25
Apr 9 2012 31.95 Bought 2000 shares FTS STOCK (Fortis Energy) 7.00 63907.00
Apr 10 2012 54.10 Bought 1000 shares BNS STOCK 7.00 54107.00
Apr 10 2012 39.45 Bought 1000 shares BELL STOCK (BCE) 7.00 39457.00
Apr 11 2012 40.00 Sold 1000 shares BELL STOCK (BCE) 7.00 39993.00 536.00 8084.25
Apr 12 2012 55.25 Sold 1000 shares BNS STOCK 7.00 55243.00 1136.00 9220.25
Apr 16 2012 32.55 Sold 2000 shares FTS STOCK (Fortis Energy) 7.00 65093.00 1186.00 10406.25
USA STOCKS ARE BELOW – CURRENCY US$
Jan 3 2012 26.50 Bought 500 shares Microsoft Stock (Symbol MSFT) 7.00 13257.00
Jan 3 2012 58.57 Bought 500 shares YUM Stock (Symbol YUM) 7.00 29292.00
Jan 11 2012 60.92 Yum Stock Dividend 500 X .285 142.50 10548.75
Feb 14 2012 37.44 Bought 1000 shares RCI Stock – Rogers Communications Stock 7.00 37447.00
Feb 14 2012 30.25 Microsoft Stock Dividend 500 X .20 100.00 10648.75
Feb 15 2012 38.05 Sold 1000 shares of RCI Stock – Rogers Communications Stock 7.00 38043.00 596.00 11244.75
Mar 7 2012 62.35 Bought 500 shares PEPSICO STOCK (PEP) 7.00 31182.00
Mar 22 2012 31.85 Microsoft 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
13.25 221.75 11466.50
Mar 22 2012 71.00 Yum Stock Sold 500 shares at $71.00
Select this link to read why I sold my YUM Stock today.
7.00 35493.00 6201.00 17667.50
Apr 3 2012 66.60 Sold 500 shares PEPSICO STOCK (PEP) 7.00 33243.00 2061.00 19728.50
Apr 13 2012 63.60 Bought 500 shares Johnson and Johnson Stock (JNJ) 7.00 31807.00
Apr 13 2012 63.60 Sold 5 Covered Calls Johnson and Johnson Stock 21JUL12 $62.50 for $2.27 13.25 1121.75 20850.25
May 8 12 30.22 Bought to close 5 Covered Calls Microsoft Stock 19MAY12 $33 for .07 13.25 (-48.25) 20802.00
May 14 12 30.90 Sold 5 Covered Calls Microsoft Stock 16JUN12 $29 for $2.35 13.25 1161.75 21963.75
May 15 12 30.21 Microsoft Dividend 500 shares X .20 100.00 22063.75
May 21 12 67.33 Bought 500 shares YUM STOCK at $67.33 7.00 33672.00
May 24 12 63.10 Johnson and Johnson Stock Diviidend 500 shares X .61 305.00 22368.75
May 30 12 70.55 Sold 500 Shares YUM STOCK at $70.55 7.00 35268.00 1596.00 23964.75

 


  • Richard

    any update here? Thanks Rick

  • I am sure trying Rick! I’ll do my best to get back to you.
    Teddi