Passive Income Update – Nov 2019

Welcome to our monthly passive income update for November 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 November 2019 was CAD$891.86, which comprised of US$246.34 and CAD$564.23 (exchange rate is US$1 = CAD$1.33).

The change for the month is 16.97% QoQ and 22.95% YoY. This brings our passive income to $8,486.03 YTD and achieves 106% of our annual goal of $8K in passive income 🙂

Income Sources

Passive income contributing entities:

Stocks:

  • Kinder Morgan Inc (KMI)

Options:

Funds:

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

Other:

  • Advertising revenue from this blog
  • Interest on cash
  • Cashback credit card

The breakdown of our passive income contributing entities: dividends & options totaled $661.31 and other passive income totaled $230.55.

Portfolio Activity

Dividend Increases

  • Kirkland Lake Gold (KL.TO) announced a 50% raise

Added Positions

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

Stocks:

Funds:

  • Scotia Diversified Monthly Income Fund (mutual fund) *DRIP*
  • US Equity & International Equity Index Mutual Funds
  • Vanguard REIT ETF (VNQ)
  • Vanguard Total Bond Market ETF (BND)
  • Vanguard Emerging Market Govt Bond ETF (VWOB)
  • iShares Growth ETF Portfolio (XGRO.TO)

Closed Position

  • None

You can track the options activity via tracking sheet here.

That’s all folks! Hope you had a great November 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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2 thoughts on “Passive Income Update – Nov 2019

    • Thanks Matthew. I guess I didnt aim high enough for my annual goal at the start of the year 🙂 Looking forward to see what the last month brings….will see if I can get to an all-time high for annual income.

      R2R

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