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:


  • 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)


  • 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)


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

    • 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

  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,

  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:

      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 🙂


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