Passive Income Update – Sep 2018

A long overdue post. Due to busyness on both personal and professional front, I had ignored updating the blog a bit, but better late than never, right? Here’s an update on our September passive income earnings.

Welcome to our monthly passive income update for September 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 September 2018 was CAD$560.06, which comprised of US$113.67 and CAD$411.15 (exchange rate is US$1 = CAD$1.31).

The change for the month is -23.16% QoQ and -22.24% YoY for the month. This brings our passive income to $6,656 YTD and achieves 60.5% of our annual goal of earning $11K.

Income Sources

Passive income contributing entities:

Stocks:

  • Brookfield Asset Management (BAM.A.TO)
  • Brookfield Infrastructure Partners LP (BIP.UN.TO)
  • Canadian Utilities Ltd (CU.TO)
  • Franco Nevada Corp (FNV.TO)
  • Inter Pipeline Ltd (IPL.TO)
  • Johnson & Johnson (JNJ)
  • Wheaton Precious Metals (WPM & WPM.TO)

Funds:

  • BMO Aggregate Bond Index ETF (ZAG.TO)
  • BMO EM CAD Hedged Bond ETF (ZEF.TO)
  • Vanguard Emerging Market Bond ETF (VWOB)
  • Scotia Diversified Monthly Income Fund (mutual fund)

Other:

The breakdown of our passive income contributing entities: dividends & options totaled $449.25 and other passive income totaled $110.81. Read more about why we consider this as passive income in the Passivity Index post.

Portfolio Activity

Dividend Increases

  • None

Added Positions

During the month, we added the following position to our portfolio

Stocks:

Funds:

You can track the options via a tracking sheet here.

That’s all folks! Hope you had a great September as well. Be sure to share your thoughts, comments or concerns below. I love hearing from the readers.

Disclosure: Our full list of holdings is available here.

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4 thoughts on “Passive Income Update – Sep 2018

    • Yes, Ive been selling some riskier stocks in my portfolio (but also adding some other safer ones). Big change also came from drop in “other” passive income, which is variable month-to-month.

      cheers
      R2R

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