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!
    24281551_10155479780249262_1352636949_o24209786_10155479781159262_932082601_o

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!

Advertisements

5 thoughts on “November 2017 Update. Sit down with me, let’s have a drink.

  1. Happy birthday to your daughter and congrats on having the first party at your new house! Way to go! Good luck with the happy grass investments. This is a big space and it looks like the legalisation of pot is underway. But still a speculative play. I would love to see your investment portfolio hit 300K!

    Like

  2. Sounds like a terrific month. I don’t know anything about the stocks you purchased but I wish you all the best with them. Great job with Amber’s TFSA that will benefit you guys down the road. Keep up the good work.

    Like

    • Thanks guys! Definitely looking forward to hitting another milestone (300k)
      I used to own a few different marijuana stocks – but liquidated most of them when i bought my house….decided to get back in on a few newer names. I made about 250% on my original weed investments…obviously not expecting to do it again, but would be great 🙂

      Liked by 1 person

  3. Happy Birthday to your daughter and drink looks fantastic.

    Take a look at Pure Family REIT (RUF.UN). Would be a diversification into Apartments REIT in the sun belt. It’s hot hit with tax loss selling and should bounce back in 2018.

    Best to buy in RRSP to avoid withholding tax.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s