1. Investment & Portfolio Update
- Algonquin Power & Utilities Corp (AQN.TO) – DRIP
- Auxly Cannabis Inc (XLY.V)
- BCE Inc (BCE.TO)
- Franco Nevada Corp (FNV.TO)
- Inter Pipeline Ltd (IPL.TO)
- Kinder Morgan Inc (KMI) – DRIP
- Kirkland Lake Gold (KL.TO)
We closed positions in
We continued adding to the following funds
Q3 saw no dividend increase announcements in our portfolios 🙁 The following calendar provides a quick overview of changes in our portfolio.
2. Passive Income Update
A big drop in quarterly passive income front. During the quarter, we managed earned a passive income of $1,753.44.
You can read previous quarterly updates here.
3. Goals Update
Onto the goals that I set and see how we did overall on that front.
- Earn $11,000 in annual passive income – Falling behind
- Passive Income YTD is $6,656 (60.5% achieved)
- Pay down an extra 25% towards our mortgage debt – Completed!
- During Q3, we made extra payment totaling ~52% of our annual mortgage dues!
- Portfolio rebalancing & diversification focus – No progress here and needs attention.
- More passive investing. Target 60/40 for passive/active
- Rebalance stock portfolio to reduce materials exposure. Target 35%
- Asset class diversification. Reduced equity focus and increased international exposure
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