Quarterly Update – Q1 2016

Welcome to the quarterly update for Q1 2016. This is part of  a series where I track our financial progress on a quarterly basis. I present four parts in this series: (i) Investment & Portfolio Update, (ii) Passive Income Update, (iii) Blog Update, and (iv) Goals Update.

1. Investment & Portfolio Update

Q1 2016 saw a small amount of activity in our portfolio.
We added to the following positions.
In my wife’s portfolio, we continued adding incrementally to the following ETFs. Click here to read details about my wife’s portfolio and why we chose the route of index ETFs.
  • BMO S&P/TSX Capped Composite Index ETF (ZCN.TO)
  • Vanguard FTSE All World Ex-Canada Index ETF (VXC.TO)
  • BMO Aggregate Bond Index ETF (ZAG.TO)

We closed the following position.

Q1 saw 13 dividend increase announcements in our portfolios. The companies from our portfolios increasing their dividends and details of portfolio changes are summarized below.

Q1 Update - Div Growth


2. Passive Income Update

A great quarter on the passive income front. During the quarter, we managed to earn a passive income of $2,167.95. On a quarterly basis, our passive income saw another all-time high in Q4 2015.


Q1 Q2 Q3 Q4


$383.65 $516.32 $718.33 $1,063.97


$1,322.47 $951.18 $1,055.79 $1,803.90


$1,546.87 $1,960.10 $2,076.81 2,256.01



Q1 2016

You can read our previous quarterly updates here.

“Other” Passive Income

Passive income that we achieve is split between investments from dividend paying companies and what I call other sources of passive income, which includes cash back rewards credit card, advertising revenue from this blog, interest on cash and writing premium articles for Seeking Alpha. As you can see from the chart below, our other category has performed well. Our passive income from the ‘other’ sources saw continued traction in Q1 2016, providing us with some great overall passive income – which we proceed to invest into stocks and funds to compound our growth.

Other PI - Q1 2016

I realize that some of our sources of passive income are not completely passive, as it requires us to put some time and effort into it. However, I consider these sources to be semi-passive and I wrote an article to capture my thoughts on the scale of passivity of each income type. Be sure to check out Passivity of Income.

3. Blog Update

Based on the pageviews, the following were the most popular posts on Roadmap2Retire.

I am still lagging in meeting my goal of reaching 15K pageviews consistently 🙁 I am currently averaging 12-13K pageviews per month and hope to bring that number up in the coming quarters.

4. Goals Update

Right. Onto the goals that I set and see how we did overall on that front.

  • Earn $9,000 in annual passive income On Target
    • As of Q1, we have achieved $2,167.95, which represents 24% of the goal. I am pretty pleased with the progress here and looks like we are well on track to reach this goal in 2016.
  • Achieve better balance across asset classes and sectors Needs Attention
    • No progress here yet. Needs attention.
  • Take atleast two finance related courses On Target
    • I am currently taking one course. The course is Financial Markets taught by none other than Robert Shiller, Sterling Professor of Economics at Yale University. Prof Shiller is a Nobel Prize winner in Economics (won the prize in 2013) and this course is an absolute joy – I am learning a lot about diversification and other theoretical aspects. In addition, Prof Shiller discussed some very interesting aspects of behavioral (psychological and sociological) aspects in human beings which affect investing – something I wasn’t expecting from the course. Its a fantastic course and I highly recommend it.
  • Blog Growth: Achieve 15K pageviews consistently through 2015 Needs Improvement
    • The blog traffic has improved a bit more after I took some steps to refocus. In addition, help from fellow bloggers has increased the pageviews of this blog, but target still seems elusive and needs further improvement.
  • Write an e-book On Target
    • I have started putting some of my thoughts down on certain ideas. I still don’t have a firm idea on when I will finish, but thinking back to last year where I failed on this goal – the hardest part has been just getting started. I have overcome that hurdle and once I got started, some ideas have started flowing. Stay tuned for updates on this front in the coming quarters.
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That’s all folks! Thanks for reading. Be sure to leave a comment at the bottom – I love to hear from the readers on your thoughts and opinions.

12 thoughts on “Quarterly Update – Q1 2016

  1. Great progress buddy! That’s some impressive income growth, and it’s outstanding how much of it is truly passive. We have been doing well on the income front as well, but I need to get more of it shifted to the passive side of things. I hope you guys have a great weekend! Talk to you soon


    • Thanks for the comment, Bryan. Im loving the fact that my passive income keeps growing quarter after quarter…we’ve come a long way.

      I like your approach of moving towards ETFs as well – that should free up a lot of your time instead of focusing on what each company is doing. For now, we have limited my wife’s portfolio to funds (ETFs and mutual), but I am considering putting a small part of my portfolio into ETFs.

      You have a great weekend too.

      Best wishes

  2. Great progress shown in your quarterly passive income chart! I’m also impressed by the fact that you’re taking a course from none other than Robert Shiller! Good job — keep it up and I’m curious to hear how things go over time.

    Take care!
    FerdiS, DivGro

  3. Nice evolution in both the dividend income and the other passive income.

    Having a training with Prof Schiller sounds like a top experience to get! The behaviour aspects that come with investing are a nice bonus to pick up.

    Have a nice weekend and a next killer quarter

  4. Hey R2R,

    Really nice job with all the income streams, not only are your assets diverse, but your income is too. Even if things aren’t going quite as fast as you’d like (with the blog etc) you should be proud of what you are getting and it’s still growing.

    I bet you’ve come a really long way since I first came across you 2 ( to 3?) years ago. Looking forward to hearing more about your E-Book, sounds like a great project.

    Good luck for Q2 🙂


    • Thanks Tristan.
      I am happy with how things are progressing, even though I’d like to have my blog traffic grow more. Its been a great journey over the past couple of years since I started blogging.

      Keep your eyes peeled for the ebook. Hopefully, I’ll keep writing and make progress over the coming months.

      Best wishes

    • Thats the idea. Originally I wasnt sure how much it would help, but stating the goals and making it public really helps me focus and work towards it.

      Hope you had a great quarter too, Ben.


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