Big changes on the horizon

Just wanted to pop in with a quick update.  I haven’t posted anything all month – and it’s definitely not due to a lack of financial or personal activity.  In fact quite the opposite.  In the last couple of weeks we were able to sell our house and buy our new home.  I’ve been trying to get everything sorted and ready for the move.

I get possession of this beauty on September 10th!Vanier FrontVanier EntranceVanier Kitchen 2Vanier Family RoomVanier BathroomVanier Yard

Needless to say we are extremely excited.  We are moving out of our 780 square foot house into a much more spacious home – where the kids will get their own rooms, have a nice backyard to play in, and in an area we both love.  We looked at probably 30-40 houses, and this was the first one that both the wife and I loved.  It was in an area we both wanted to live in & checked off multiple boxes (wet bar, master ensuite, close to family/schools/parks, big fenced back yard, move in ready, etc).

The downside obviously is that I will no longer be mortgage free before I’m 40 (barring any sort of miracles or lottery winnings) and our monthly expenses are going to increase quite a bit.

We’ve also decided to sell our cabin (probably this summer) and I’ve decided that once we are settled from the move I am going to change up my investment plan/style.  (More on that coming in next blog post).

Enjoy the rest of the summer!  I’ll be back in September.

 

 

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July 2017 Update

Hope everyone had a great July!

Personal Highlights for July:

  • Got the house de-cluttered, cleaned – listed and SOLD!
  • Spent a lot of the month out at the cabin with the family.
  • Finished reading “A field guide to lies: Critical thinking in the information age” by Daniel Levitin (Great book- highly recommend it)
  • Kids Update – Took Holland to Boardwalk Days @ Winnipeg Beach – bought her first ice cream & Isaac turned 3 and is growing like crazy..he is also still a hairy little bastard!(See below)Isaac 3 months

Financial Highlights:

  • While cleaning house – rolled and cashed in my change – which resulted in $1167 – which went straight to my line of credit!
  • Paid down another 10% on line of credit.
  • One of my favorite stocks had a reverse split and got listed on the NYSE! (Caledonia)
  • Got our first government child benefit cheque! Thanks JT!
  • Although no stock purchases will be made until L.O.C is paid off – I’ve continued my regular bi-weekly fund purchases, spousal RSP purchases & and saw a few shares DRIP (more on that below)

Now on to the fun stuff.

Passive Income Update For July 2017.

TFSA:

Diversified Royalty: $8.77 (Dripped 3 new shares)

Artis Reit: $48.24 (Dripped 3 new shares)

OneReit: $18.25 (Dripped 5 new shares)

Plaza Reit: $24.05 (Dripped 5 new shares)

Algonquin Power: $109.66 (Dripped 9 new shares)

Caledonia Mining: $18.73 (Unfortunately RBC doesn’t allow this company to drip currently)

TFSA Total: $227.70  

RRSP:

Canadian Equity Income Distribution: $202.41

Total Passive Income July 2017:  $430.11 

Portfolio Update:

My portfolio saw a slight increase in value – however still down from the April high. Total value is back to $270,259.42  This represents a month over month increase of 0.50%.  I’m still expecting a pull back so I am not too concerned with the monthly fluctuations right now.

How was YOUR month?