Personal Challenges & Habit Formation 2

This blog has always been finance and investment related, and I never shared much on the personal front. However, I figured I will share some of my personal goals that I have struggled with & achieved so far in 2018 — just because its something that I have been reading & thinking a lot about recently and find it interesting. My major personal goal for 2018 was related to habits (and habit formation). Over the years, I had fallen into some bad habits while letting go of the good ones; so I am making a conscientious effort to change things one month at a time.

These small incremental changes can have a profound effect over time. The benefit (and detrimental effect, in the reverse case) of compounding is something most investors are well aware of. Same concept applies to life and building those marginal gains and compounding them. This article from James Clear and the associated image conveys this point well.

You will notice that most of these challenges are health related. After finance, most of my focus & passion surrounds health. In addition, I am always looking to optimize things so that I can live longer and healthier life. I wrote about Jan-Apr update in spring. This is a follow up post revisiting all challenges since Jan + new ones from May-Aug.

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Passive Income Update – Jul 2018

Welcome to our monthly passive income update for July 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 July 2018 was CAD$635.15, which comprised of US$61.30 and CAD$555.46 (exchange rate is US$1 = CAD$1.30).

The change for the month is -37.99% QoQ and +4.29% YoY for the month. This brings our passive income to $5,537.86 YTD and achieves 50.3% of our annual goal of earning $11K.

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Outlook for August 2018

August already?! This year is running by. Interesting times in the market. Looks like the two of FANG darlings have fallen into correction/bear market territory (Facebook and Netflix), which I think is just the start of things. The correction in Facebook should be a reminder that investment mood changes on a dime in the market. The share of overall market by the big 5/6 tech companies comprises a big share of the pie, something that has sent me running for the hills for the better part of the year.

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Baby R2R’s Portfolio Update – Q2 2018

This is the fourth 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 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? 🙂

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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Quarterly Update – Q2 2018

Welcome to the quarterly update for Q2 2018. 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

Q2 2018 saw a some decent activity in our portfolio.
We added to the following positions.

We closed positions in

We continued adding to the following funds

Q2 saw 4 dividend increase announcements in our portfolios. The companies from our portfolios increasing their dividends and details of portfolio changes are summarized below.