Recent Sell – CNR

BuySell

Here’s a quick update on a sale in my portfolio. Sales are always hard, especially when times are good and investors are riding the coattails of one of the best performing bull markets in modern times. When things are rosy, we tend to feel that the good times will continue forever. How many times have we heard from various commentators in the media that this market will never go down, or we will never see a financial crisis in our lifetimes. It is this kind of hubris that sends me running for the hills.

Regardless, its the insane valuations for some of the stocks that I regard as a selling point. What lies ahead…can the company keep its revenues and earnings rising year after year? This particular sale has been a hard one as I consider it an extremely strong company and want to continue holding for a long time. But you know what they say about falling in love with your investments…

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Baby R2R’s Portfolio Update – Q4 2017

This is the second update in a new series where I intend to share the progress of Baby R2R’s investment portfolio. I started documenting this in Q3 2017 and intend to provide quarterly updates.

Baby R2R was born in Spring 2016 and a few months later, I setup her education fund to which I contribute on a regular basis. We live in Canada, so we take advantage of the RESP program (Registered Education Savings Plan), an account type where we can save and invest for our child’s benefit for secondary education. In addition to tax advantages, we also receive an education grant, which matches upto 20% of the saved amount (upto a max of $500 per year). How can anyone say no to free money? ūüôā

In addition to the education fund, we also decided to start a Nest Egg fund, where we save and invest for Baby R2R and let compounding do its job over the course next couple of decades. The two accounts take different approaches to investing strategy.

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Goals for 2018

A new year and new set of goals/target to set. A new year is a good time to dwell on goals to set — not just financial but also personal and professional goals. To make steady progress on a regular basis requires determination, patience and of course a target in mind. Setting and writing down goals and working towards them are one of the best ways to make progress. As far as financial goals go, the long term goal still remains the same — achieve financial independence that will provide us with more freedom to do what we want out of life. Following are the goals that I am setting for 2018.

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Annual Update – 2017 Review

Welcome to the annual 2017 update. This is part of  a series where I track our financial progress on a regular basis. I present three parts in this series: (i) Investment & Portfolio Update, (ii) Passive Income Update, and (iii) Goals Update.

1. Investment & Portfolio Update

2017 was quite an interesting year. The broad equity markets performed very well with S&P 500 returning ~19%. Regular readers of this blog may be aware that I have been following a multipronged approach to investing lately — with a focus on diversification and following multiple strategies for different portfolios. I focus on active stock investing in both dividend growth companies and growth-focused companies, while my wife’s and daughter’s portfolios use index funds.

The companies from our portfolios increasing their dividends and details of portfolio changes are summarized below.

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Passive Income Update – Dec 2017

Welcome to our monthly passive income update for December 2017. 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 December 2017 was CAD$1,515.41, a new all time high thanks to an annual payout from one of the funds ūüôā¬†The passive income for the month comprised of US$406.83 and CAD$1,002.80 (exchange rate is US$1 = CAD$1.26).

Passive income change is +110.4% QoQ and +6.01% YoY for the month. The passive income for 2017 adds up to $9,697.25 and achieves ~97% of our annual goal of earning $10K. Even though I came up ~$300 short on the goal, I still consider this a pretty good achievement for the year.

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