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.Continue reading