November 2017 Update. Sit down with me, let’s have a drink.

Happy December!  Here is a quick update for November.  Had a pretty busy month!

Personal Highlights for November:

  • Our daughter turned 2 – and we had our first (of many) parties in the new house.
  • Got the Christmas tree set up and decorated.  Had my first couple rum & eggnogs:)
  • I’ve always been big into cocktails, and trying new concoctions, and lately I’ve been taking it to the next level, trying to learn a little more about the history of certain drinks, experimenting with different flavors, techniques, etc.  I’ve started posting some of my favorites to my Instagram.  I think eventually I’ll add a section to this blog as well where I will post some new recipes, rate some different spirits, etc.  Pictured below: Americano & Classic Negroni!
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Financial Highlights:

  • Due to the stability concerns in Zimbabwe I sold my shares of Caledonia Mining.  This is still one of my favorite stocks, but until things play out I thought I’d get out and watch from the sidelines.  I also decided to close my position with Lucara as the stock has been pretty disappointing.  I decided to use the proceeds to get back in the Marijuana industry as I had previously liquidated my shares of Organigram & Aurora.  I purchased 7071 shares of LGC Capital (LG) for $0.21 and 4000 shares of National Access Cannabis (NAC) for $0.20.
  • Redeemed my credit card reward points for $650 which I put into my RSP.
  • Continued bi weekly payments into RRSPs & Spousal RSP.
  • Amber’s TFSA/RRSP are now over $20,000.  (They didn’t exist 6 months ago)
  • Amber’s TFSA recieved it’s first dividend from Chorus Aviation (which dripped an extra share).

Now on to the fun stuff.

Passive Income Update For July 2017.

TFSA’S:

Chorus Aviation: $10.72 (dripped 1 share)

Diversified Royalty: $8.99 (Dripped 2 new shares)

Artis Reit: $49.32 (Dripped 3 new shares)

Plaza Reit: $24.50 (Dripped 5 new shares)

TFSA’s Total: $93.53  

RRSP:

Canadian Equity Income Distribution: $209.32

Total Passive Income July 2017:  $302.85

Portfolio Update:

My portfolio grew by 3.38% month over month and once again hit an all time!  Total investment portfolio now sits at $297,039.95.  Assuming there isn’t a market crash I should break the $300k mark by the end of the year!

The sell off of Caledonia & Lucara will see my yearly dividends reduced (for now) but I am hopeful the growth in NAC & LG will more than make up for it in the long run.  I still want to get back into Caledonia Mining eventually as I believe it is hugely undervalued.  I also still have my eye on Andrew Peller.

Hope everyone else had a productive month as well!

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