3 Recent Buys – CSU, JNJ, BIP


A quick update on three recent purchases in my portfolio. One of these three purchases is a new company in my portfolio. This is a company that I have been obsessively reading about for months now and finally decided that I need to own a piece of it. As a growth-focused company, this may not appear cheap for value investors, but the company has a proven track record of amazing capital allocation, diligent screening process for its growth through acquisitions, a legendary leader, cornering various niche markets…and the list goes on.

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Passive Income Update – May 2019

Welcome to our monthly passive income update for May 2019. 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 April 2019 was CAD$573.79, which comprised of US$157.37 and CAD$361.34 (exchange rate is US$1 = CAD$1.35).

The change for the month is 12.7% QoQ and -17.4% YoY. This brings our passive income to $3,279.66 YTD and achieves 41% of our annual goal of $8K in passive income.

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Outlook for June 2019

After a record climb between December and April, the market is cooling off again. May ended up being a bad month for a lot of sectors as the tariffs/trade war rhetoric picked up steam.

Not only is the US now targeting a trade war against China, but also Mexico — thats 2 out of 3 largest trading partners. Of course, investors are rushing to safe havens now, so treasuries & gold are doing well. Following graphic provides a quick overview of market sentiment at the end of May 2019.

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