Passive Income Update – Jan 2019

Welcome to our monthly passive income update for January 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 January 2019 was CAD$738.75, which comprised of US$60.31 and CAD$659.74 (exchange rate is US$1 = CAD$1.31).

The passive income for the month is -2.58% QoQ and -14.5% YoY for the month, and achieves 9.2% of our annual goal of $8K in passive income.

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Annual Update – 2018 Review

Welcome to the annual 2018 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

2018 was quite an interesting year. The broad equity markets performed very well for the first 9 months of the year, but ended the year poorly with the S&P 500 returning -4.4% for 2018. Regular readers of this blog may be aware that I have been defensively positioned with lots of gold equities, utilities and almost no allocation to the tech sector. As a result, my portfolio did pretty well for the year. I finished the year with a return of +4.86%, a difference of 9.26% compared to S&P 500 returns.

Changes to our portfolio are summarized below.

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Passive Income Update – Dec 2018

Welcome to our monthly passive income update for December 2018. 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 2018 was CAD$1,098.59, which comprised of US$147.37 and CAD$898.17 (exchange rate is US$1 = CAD$1.36).

The change for the month is 96.16% QoQ and -27.5% YoY. I would’ve received a bigger annual dividend in December had I not sold some of my index funds in August, but I have no regret for doing that since the timing worked out great before the Q4 2018 correction started and I would’ve lost a lot more capital by staying invested.

This brings our passive income to $9,238.40 for the year of 2018 and achieves 83.99% of our annual goal of earning $11K, well below the target.

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Results: 2018 Top Investment Picks

As we welcome the new year, its time to look back and evaluate some of our investment picks/decisions. At the end of 2017, I reached out to the investing community and asked them to pick one investment security as their top pick for the year 2018. Plenty of folks responded and I was happy to compile the list and track them over the year.  The original post can be found here. Picks from previous years are indexed on this page. It is always interesting to see what everyone was thinking a year ago 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 2018

Welcome to our monthly passive income update for November 2018. 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 2018 was C$725.36. The passive income for the month comprised of US$135.63 and C$544.97 (exchange rate is US$1 = C$1.33).

The change for the month is 29.94% QoQ and -25.28% YoY for the month. This brings our passive income to $8,139.81 YTD and achieves 74% of our annual goal of earning $11K.

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