Welcome to the quarterly update for Q1 2019. 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 2019 saw a some decent activity in our portfolio. We added to the following positions.
- Algonquin Power & Utilities Corp (AQN.TO) – DRIP
- BCE Inc (BCE.TO)
- Brookfield Infrastructure Partners (BIP.UN.TO)
- Kinder Morgan Inc (KMI)
- RNC Minerals (RNX.TO) *New position*
Partially closed position & booked gains in
We continued adding to the following funds
- iShares Growth ETF Portfolio (XGRO.TO) *New position*
- Vanguard Total Bond Market ETF (BND) *New position*
- Vanguard Emerging Market Bond ETF (VWOB)
- BMO EM Bond Market ETF (ZEF.TO)
- US Equity Index (Seg) Fund
- Intl Equity Index (Seg) Fund
- Scotia Monthly Income (Mutual) Fund
Q1 saw 5 dividend increase announcements in our portfolios. The following calendar provides a quick overview of changes in our portfolio.
2. Passive Income Update
During the quarter, we managed earned a passive income of $1,838.22.
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 $8,000 in annual passive income – On Track
- Passive income YTD is $1,838 (~23% of the goal achieved)
- Continue building Baby R2R’s portfolio – max RESP contribution & atleast two purchases in Nest Egg portfolio – On Track
- RESP has been maxed out for the year & one purchase was completed in Q1
- Mortgage renewal due in summer 2019 – No progress yet
- Credit report checkup & fix any errors found – No progress yet
- Read 25 books – On Track
- Completed 8 books so far in 2019
Stay Connected / Subscribe You can follow Roadmap2Retire on Facebook, Twitter, or Pinterest. Be sure to subscribe to the newsletter to stay on top of the latest investment articles. Click here to subscribe.
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.