Passive Income Update – Nov 2014

Welcome to my monthly passive income update for November 2014. This is part of the series where I track my dividends and other sources of passive income.

Passive Income  Update

Passive income for the month of November 2014 was C$520.65. The passive income comprised of US$321.47 and C$157.39 (exchange rate is US$1 = C$1.13).

  Passive Income - Nov 2014

My passive income YTD is $4,435.17. I have now achieved my annual goal for 2014 of $4,000 in passive income.

Passive income contributing entities:

Stocks:

  • Apple Inc (AAPL)
  • AT&T (T)
  • Cineplex Inc (CGX.TO)
  • Inter Pipeline Ltd (IPL.TO)
  • Kinder Morgan Inc (KMI)
  • Omega Healthcare Investors Inc (OHI)
  • Realty Income Corp (O)
  • RioCan REIT (REI.UN.TO)

Funds:

  • BMO Equal Weight Utilities Index ETF (ZUT.TO)
  • iShares Canadian Financial Monthly Income Fund (FIE.A.TO)
  • iShares US Dividend Growers Index ETF (CUD.TO)

Other:

My “other” passive income has grown due to the popularity of the new articles published. The breakdown of my passive income contributing entities is: dividends from stocks and funds totaled $242.51 and other passive income totaled $278.14. Read more about why I consider this a passive income in Passivity Index post.

Portfolio Update

Dividend Increases

November saw dividend increase announcement from the following in my current holdings.

Added Positions

Over the course of the month, I added to the following securities to my portfolio.

Closed Positions

I closed my positions in the following

  • iShares US Dividend Growers Index ETF (CUD.TO)
  • Rogers Communications Inc (RCI.B.TO)

My full list of holdings is available here.

< Passive Income

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28 thoughts on “Passive Income Update – Nov 2014

    • Hi PMU,
      The plan is to move all ETF holdings to my wife’s portfolio. I will invest directly in DGI stocks and her portfolio will consist of broad index ETFs. In addition, I have to reconsider which ETF to use. The iShares ETF has served me well, but the Vanguard offering looks interesting as well. I have to compare the two and check if there are more alternatives before taking a decision.

      Hope that helps. Thanks for stopping by
      R2R

    • Thanks Mark. I pulled the trigger on CNR a bit too early…but oh well, thats the nature of the game. I will be looking forward to average down in the coming months.

      Thanks for stopping by
      R2R

  1. Congrats on a great month and exceeding your 2014 goal – the additional “other” income is great too!
    I’m looking forward to seeing your December results 🙂
    Best wishes,
    -DL

  2. Hi! New commenter here!
    Congratulations! It’s always nice to see people achieving their goals!
    There is only one think I’d like to discuss with you: you put your blog’s revenue into the “passive income” basket. After all the hard work you put on the blog, do you really consider it to be “passive”? From where I see it, it’s “active” income all the way.
    Or am I wrong?

    • Daniel,
      Welcome to the blog. Glad to have you as a new commenter.
      Yes, you are right – that work goes into writing and is not really as passive as other types of income. However, I merely see it as a semi-passive and a by-product of my hobby. I have written about this in the past and discussed in detail in a post called Passivity of Income. See post here:
      http://roadmap2retire.com/2014/05/passivity-of-income/

      I figure that everything needs work. Even investing in dividend paying stocks – I spend hours and days of reading and thinking before making a decision. So, in a way, (stock) investing also takes effort and time. Same with writing in a way. Writing helps me think better about my investments and is a byproduct of my thinking and writing practice. If you look at it from that sense – only savings accounts provide truly passive income 🙂

      R2R

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