Annual Update – 2016 Review

Welcome to the annual 2016 update. This is part of  a series where I track our financial progress on a regular basis. I present four parts in this series: (i) Investment & Portfolio Update, (ii) Passive Income Update, (iii) Blog Update, and (iv) Goals Update.

1. Investment & Portfolio Update

2016 saw a big change in direction of my overall portfolio. I decided to cut the number of individual stocks I own as life has gotten busier both personally and professionally. In addition, the current economic environment does not give me a lot of confidence to stay fully invested and decided to move to a cash-heavy position over the summer.
On an ongoing basis, I continue to invest in index funds regularly, which gives me broad market exposure and is currently on “cruise-control”. I have a smaller set of companies that I focus on and make bigger bets on each instead of spreading myself too thin by investing in 40, 50, or 100 companies. Studies have shown that the Unique risks drops substantially by owning as little as 12 stocks. To be on the safer side, I want to focus on a approximately 20 companies and invest in those stocks instead. I have discussed more about this topic in the past — see this post. As a result, you will notice a lot of sales in the following image.
I present the following image which summarizes all the purchases (excluding the regular ETF/seg fund purchases which occur regularly on a monthly basis), all the sales, and all dividend increases in my portfolio.

Companies listed without any activity during the year mean that we did not add or remove these positions in our portfolio, nor did those companies have any change in dividend policy. These investments remain dormant in our portfolio.

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Correction – Passive Income Update

Quick update as I missed out in including my segregated fund dividend income in the recent income report.

As part of my new work compensation, I have a sponsored retirement (RRSP) program and the only options available were seg funds. I initially wrote about it here and I contribute regularly as I do not want to leave money on the table, even though the funds are expensive. Turns out that the plan administrator does not disclose all info on their site and I had to go looking into the detailed statements to get this info when I realized that I hadn’t seen any income reported on the main page. Instead of going back to each quarter, I have simply added it to the December income and updated the charts below.

Total dividend income from the seg funds in 2016: $316.84

As a result, I have now happily achieved our 2016 goal of earning $9K in passive income 🙂 Passive income for 2016 now totals $9,099.70.

Updated charts are presented below.

 

Disclosure: Our full list of holdings is available here.

 

Passive Income Update – Dec 2016

Welcome to our monthly passive income update for December 2016. 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.

Passive Income  Update

Passive income for the month of December 2016 was C$1,112.60. The passive income for the month comprised of US$493.13 and C$451.81 (exchange rate is US$1 = C$1.34).

Passive income change is 68.5% QoQ and 21.6% YoY for the month. The passive income for 2016 ends up at a grand total of $8,782.86, which ends up just short of our annual goal of earning $9K.

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Results: 2016 Top Investment Picks

As we ring out the year 2016, its time to look back and evaluate some of our investment picks/decisions. At the end of 2015, I reached out to the investing community and asked them to pick one investment security as their top pick for the year 2016. Plenty of the said bloggers responded and I was happy to compile the list and track them over the year.  The original post from Jan 2016 can be found here — it is interesting to see what everyone was thinking back then and how the picks played out over the year.

Again, I would like to remind readers that this was meant to simply be a fun exercise and should not be considered investment advise. Please do your own research before investing in any securities.

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Passive Income Update – Nov 2016

Welcome to our monthly passive income update for August 2016. 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 growth of our dividends going forward.

Passive Income  Update

Passive income for the month of August 2016 was C$534.99. The passive income for the month comprised of US$292.93 and C$142.46 (exchange rate is US$1 = C$1.34).

image-23

Passive income change is -2.20% QoQ and -20.85% YoY for the month. The passive income YTD is $7,670.26, which achieves 85.22% of our annual goal of earning $9K.

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