Passive Income Update – Mar 2020

Welcome to our monthly passive income update for Mar 2020. This is part of the scorecard series where I track our dividends and other sources of passive income. I 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 Mar 2020 was CAD$1,717.03, which comprised of US$197.66 and CAD$1,438.33 (exchange rate is US$1 = CAD$1.41).

A new personal best thanks to options income 🙂

The change for the month is 58.22% QoQ and 190.82% YoY for the month. This brings our passive income YTD to $3,303.65 and achieves 33% of our annual goal of earning $10K.

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)
  • Johnson & Johnson (JNJ)
  • S&P Global Inc (SPGI)

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)
  • Vanguard REIT Index ETF (VNQ)
  • Scotia Diversified Monthly Income Fund (mutual fund)

Other:

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

Portfolio Activity

Dividend Increases

  • None

Added Positions

  • None

Closed Position

During the month, we closed our position in a lot of companies in order to protect ourselves from the ongoing storm in the markets. All sales are captured here: Recent Sell #1 and Recent Sell #2.

That’s all folks! Hope you had a decent March in the midst of the market turmoil. Be sure to share your thoughts, comments or concerns below.

Disclosure: Our full list of holdings is available here.

< Passive Income

Stay updated: Be sure to stay updated on all the posts by subscribing via email or following via TwitterFacebook, or Pinterest.

Leave a Reply

Your email address will not be published. Required fields are marked *