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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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).

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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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Passive Income Update – Oct 2016

Welcome to our monthly passive income update for October 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 overall progress.

Passive Income  Update

Passive income for the month of Oct 2016 was C$596.94. The passive income for the month comprised of US$276.09 and C$226.98 (exchange rate is US$1 = C$1.34).

Passive income change is -21.38% QoQ and -10.40% YoY for the month. The passive income YTD is $7,135.27, which achieves 79.27% of our annual goal of earning $9K.

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Quarterly Update – Q3 2016

Welcome to the quarterly update for Q3 2016. This is part of  a series where I track our financial progress on a quarterly 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

Q3 2016 saw a lot of activity in our portfolio.
We initiated/added to the following positions.
We closed the following positions.

Q3 saw 4 dividend increase announcements in our portfolios. The companies from our portfolios increasing their dividends and details of portfolio changes are summarized below.