Quarterly Update – Q1 2018

Welcome to the quarterly update for Q1 2018. This is part of  a series where I track our financial progress on a quarterly basis. I present three parts in this series: (i) Investment & Portfolio Update, (ii) Passive Income Update, and (iii) Goals Update.

1. Investment & Portfolio Update

Q1 2018 saw a some decent activity in our portfolio.
We added to the following positions.

We continued adding to the following funds

  • BMO S&P/TSX Capped Composite Index ETF (ZCN.TO)
  • Vanguard All-World Ex-Canada Index ETF (VXC.TO)
  • BMO Aggregate Bond Index ETF (ZAG.TO)
  • BMO Emerging Bond Index ETF (ZEF.TO)
  • Vanguard Emerging Market Bond ETF (VWOB)
  • US Equity Index (Seg) Fund
  • Intl Equity Index (Seg) Fund
  • Scotia Monthly Income (Mutual) Fund

We reduced/closed the following position

Q1 saw 7 dividend increase announcements in our portfolios. The companies from our portfolios increasing their dividends and details of portfolio changes are summarized below.

Passive Income Update – Mar 2018

Welcome to our monthly passive income update for March 2018. This is part of the scorecard series where we track our dividends and other sources of passive income. We also include changes and updates related to our investments during the month – showing the overall progress.

Passive Income  Update

Passive income for the month of March 2018 was CAD$826.78, which comprised of US$239.37 and CAD$517.99 (exchange rate is US$1 = CAD$1.29).

The change for the month is -45.44% QoQ (due to annual payout in Dec 2017) and +22.39% YoY for the month. This brings our passive income to $2,454.61 YTD and achieves 22.3% of our annual goal of earning $11K.

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Outlook for April 2018

Well, Q1 2018 is in the books and the markets are starting to seem pretty interesting day-by-day. The pillars of the market – the FAANG stocks (before the recent decline, the 5 stocks made ~14% of total US market) are starting to see pressure as the public has started revolting against the platforms socially. Most of all, the Facebook debacle was just a matter of when, not if, when the user’s trust would be broken and everyone woke up to realize what they were signing up to. The users have now started questioning the same for other platforms too, with an increased call to regulation – which will be interesting to see follow.

Some interesting developments over the last week in the oil market occurred, with China deciding to price and trade oil directly in CNY instead of US$. This is a massive overt move against the US hegemony, which will be extremely interesting to watch. The days of US$ as the sole world reserve currency are numbered, as China puts on the pressure with its traders to accept CNY. This is never going to be an overnight move of course, but something that will take years and decades to play out.

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