Quarterly Update – Q1 2017

Welcome to the quarterly update for Q1 2017. This is part of  a series where I track our financial progress on a quarterly basis. I present three parts in this series: (i) Investment & Portfolio Update, (ii) Passive Income Update, and (iii) Goals Update.

1. Investment & Portfolio Update

Q1 2017 saw a decent amount of activity in our portfolio.
We initiated/added to the following positions.

We continued adding to the following funds

  • BMO S&P/TSX Capped Composite Index ETF (ZCN.TO)
  • Vanguard All-World Ex-Canada Index ETF (VXC.TO)
  • BMO Aggregate Bond Index ETF (ZAG.TO)
  • BMO Emerging Bond Index ETF (ZEF.TO)
  • Vanguard Emerging Market Bond ETF (VWOB)
  • US Equity Index (Seg) Fund
  • Intl Equity Index (Seg) Fund
  • Scotia Monthly Income (Mutual) Fund

Reduced/Closed positions: We reduced exposure in the following funds in Q1

In addition, I traded in and out of New Gold. Purchase post & sale post detailed here.

Q1 saw 10 (+1 initiation) dividend increase announcements in our portfolios. The companies from our portfolios increasing their dividends and details of portfolio changes are summarized below.

Passive Income Update – Mar 2017

Welcome to our monthly passive income update for March 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 March 2017 was C$675.55. The passive income for the month comprised of US$269.97 and C$313.79 (exchange rate is US$1 = C$1.34).

Passive income change is -52.74% QoQ (big payout in annual dividends in Dec 2016) and -21.66% YoY for the month. The passive income YTD is $2,067.19 and achieves 20.67% of our annual goal of earning $10K.

Continue reading

Passive Income Update – Feb 2017

Welcome to our monthly passive income update for February 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 Feb 2017 was C$740.01. The passive income for the month comprised of US$250.21 and C$406.48 (exchange rate is US$1 = C$1.33).

Passive income change is 38.3% QoQ and 18.05% YoY for the month. The passive income YTD is $1,391.65 and achieves 13.9% of our annual goal of earning $10K.

Continue reading

Passive Income Update – Jan 2017

Welcome to our monthly passive income update for January 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 Jan 2017 was C$651.64. The passive income for the month comprised of US$178.92 and C$417.25 (exchange rate is US$1 = C$1.31).

Passive income change is +9.16% QoQ and -4.00% YoY for the month. The passive income for the month achieves 6.51% of our annual goal of earning $10K.

Continue reading

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.

Continue reading