July 2022 Update – Vacation Edition. *Warning* Lots of cute animal pictures.

Dividend Income & Portfolio Update

Personal Highlights

  • The month started off pretty shitty (literally) as 75% of our household caught a 24 hour stomach flu (I was the one lucky one who somehow didn’t catch it).  However we ended July off with a bang! We spent the last 10 days at the cabin on a nice little vacation.  Unfortunately it’s back to the real world tomorrow 😦
  • We took the kids to “Boomers Funny Farm” a petting zoo/farm just north of our cabin.  The kids had a great time playing with/petting the animals and going for a mini horse ride.  Highly recommend it to anyone in the Winnipeg Beach/Gimli area.  Here are a bunch of pics from our hour long tour of the farm:
    Boomers Funny FarmBoomers Funny FarmBoomersBoomersBoomers Funny FarmPetting ZooMini HorseHorse Riding
  • Got to spend a lot of time with family this month, including some cousins/aunts I haven’t seen in a while, and a whole week with my cousin who was visiting from Texas.  Lots of drinks & fun times.
  • My brother in law made me a wooden map/art piece of the village where our cabin is a couple of years ago for my birthday.  I finally got around to hanging it up at the cabin this week while we were out on vacation:
    Map Art Whytewold
  • And for no particular reason, here is my favorite pic of the month of my son Isaac….
    Whipping Cream

    Financial Highlights for July:

  • Regular readers will know I’ve been really focusing on maxing my TFSA out this year.  As of January 1st, I had $29,614 contribution room available.  In the first 7 months of the year I’ve been able to contribute $20,956.46.  I am hopeful by the end of the year I’ll have this maxed out.  Once this is maxed out – we will focus on maxing out Amber’s(she has 50k+ room).
  • In July, I contributed $1700.00 to my TFSA.  I now have just $8657.54 contribution room left to max out before the end of the year!
  • I didn’t make any stock purchases in July (besides dripped shares).
  • Received dividends from 13 companies and 2 funds.  Dripped an additional 73 shares/units (nice).  Last year I dripped a total of 603 new shares.  So far this year I have dripped 409 shares in the first 7 months!

Passive Income Update For July 2022.

TFSA’S:

Diversified Royalty Income: $29.62 (dripped 11 shares)

Telus: $65.35 (dripped 2 shares)

Artis Reit: $50.45 (dripped 4 shares)

Algonquin Power: $246.93 (dripped 14 shares)

European Residential Reit: $7.82 (dripped 2 share)

Power Corp: $122.27 (dripped 3 shares)

RBNK: $81.26 (dripped 3 share)

Nexus Reit: $15.47 (dripped 1 share)

Canadian NET Reit: $10.64

TFSA’s Total: $629.81

RRSP:

Canadian Equity Income Distribution: $390.00 (dripped 10 units)

Equitable Group: $215.47 (dripped 4 shares)

GoEasy Financial: $390.39 (dripped 3 shares)

New Flyer: $36.90 (dripped 2 shares)

Alimentation Couche Tard: $66.55 (dripped 1 share)

Transcontinental: $215.10 (dripped 13 shares)

RRSP Total: $1314.41

Total Passive Income July 2022:  $1944.22!  *32% of this was 100% Tax Free!

2022 Portfolio Update:

Portfolio increased 4.59% to $514,403.00.  

Dividends in July were up 38% YoY compared to last July!

Last year (2021) I received $14,022 in dividends.  So far in 2022, I have received $9949.14.  My forward 12 month dividend income is sitting at $15,180.15*. 

*That doesn’t include any year end/special distributions. 

I am still hoping to crack $18,000 by year end.  35% of my dividend income ($3512.44) in 2022 has been completely tax free.  Last year – only 25% of my income was tax free – so it’s nice to see the focus on the TFSA has been paying off!  

How was your July?  I hope everyone is looking forward to a great August – I know I am – I’ll be turning THIRTY NINE in August! 

June 2022 Recap. Whiskey Tasting, Dividends & Graduations

Dividend Income & Portfolio Update

Personal Highlights

  • June was SUPER busy.  Lots of exciting things in the Maas household. A few highlights:
  • Took a day trip to Morning Sound farm with Isaac and his Preschool class.  There were hay rides, a petting zoo, and so many goats.  We had a great time.
  • Isaac graduated from preschool (starts kindergarten in September), Holland finished Grade 1.  Here is a pic of me and my preschool grad – and another of Holland on her first and last day of grade 1!
    Isaac Pre School Grad
    Holland Grade 1 Grad
  • Attended my first in person Whisky Tasting with the Whisky Club.  We had a bunch of 15 year Scotches.  My top 2 were Clynelish 15 & Highland Park 15.  One of the members from the club was nice enough to pick up two bottles of bourbon for me last month as well – which I picked up at the event (Eagle Rare Single Barrel Select & Angels Envy)!!!
  • My elementary school had its 100 year celebration.  I checked that out with a group of friends who also attended, and we had a great time, saw some old teachers and classmates, and then went out for dinner/beer after.
  • Holland decided to stick some metal ring in her mouth and got it lodged between her teeth….which required an emergency visit to the dentist to get it removed.  Apparently she wants to be a punk rawk star.  Picture below (Viewer discretion is advised):
    Screen Shot 2022-07-08 at 9.51.12 AM
  • Spent a couple weekends at the cabin finally.  Looking forward to taking a few weeks off in July/August to spend more time out there.  The lake is SO high it’s crazy.  I had a fire burning for 4 days straight, and cleaned up a ton of fallen trees/branches, etc from the yard.  4 days later I could still smell the campfire in my beard…hah
  • Bruno got neutered (finally)!  He did NOT enjoy the cone….it only lasted about 15 minutes.

  • Financial Highlights for June:

  • Regular readers will know I’ve been really focusing on maxing my TFSA out this year.  As of January 1st, I had $29,614 contribution room available.  In the first 6 months of the year I’ve been able to contribute $19,256.46.  I am hopeful by the end of the year I’ll have this maxed out.  Once this is maxed out – we will focus on maxing out Amber’s(she has 50k+ room).
  • In June, I contributed $1788.64 to my TFSA.  I have just over $10,357.00 contribution room left to max out before the end of the year.
  • In June I added 103 shares of RBNK (Canadian Bank ETF) to my TFSA at a price of $23.75 per share.
  • Equitable Bank which paid out its dividend at the end of June didn’t reach my account until July 07 – so I will include that in next months update.  I am happy to see I dripped 4 shares of EQB tho!  July should be a nice month as well with a few of my larger positions paying out: EQB, GoEasy, Algonquin Power, Telus, Power Corp & Transcontinental!
  • Thanks to Manulife and the $300+ in dividends- this is one of the few months that Amber’s TFAS pays out more than mine!
  • Received dividends from 9 companies and 3 funds.  Dripped an additional 69 shares/units (nice).  Last year I dripped a total of 603 new shares.  So far this year I have dripped 336 shares in the first 6 months!

Passive Income Update For June 2022.

TFSA’S:

Diversified Royalty Income: $29.44 (dripped 10 shares)

Artis Reit: $50.25 (dripped 4 shares)

Western Forest: $26.25 (dripped 15 shares)

European Residential Reit: $7.97 (dripped 2 share)

Canadian Western Bank: $0.31

RBNK: $72.34 (dripped 2 share)

Brookfield Asset Management: $36.02

Manulife: $341.55 (dripped 15 shares)

Nexus Reit: $15.41 (dripped 1 share)

Canadian NET Reit: $10.64

TFSA’s Total: $590.18

RRSP:

Canadian Equity Income Distribution: $389.88 (dripped 10 units)

XAW: $293.34 (dripped 10 units)

RRSP Total: $683.22

Total Passive Income June 2022:  $1273.40!  *46% of this was 100% Tax Free!

2022 Portfolio Update:

Portfolio decreased 6.5% to $491,845.00.  This is the first time the portfolio dipped below 500,000 since April 2021.

Dividends in June were up 102% YoY compared to last June!

Last year (2021) I received $14,022 in dividends.  So far in 2022, I have received $8004.92.  My forward 12 month dividend income is sitting at $15,104.00*. 

*That doesn’t include any year end/special distributions. 

I am still hoping to crack $18,000 by year end.  36% of my dividend income ($2882.63) in 2022 has been completely tax free.  Last year – only 25% of my income was tax free – so it’s nice to see the focus on the TFSA has been paying off!  

How was your June?  

Quick May Update. Travel, Whiskey & Dividends

Dividend Income & Portfolio Update

Personal Highlights

  • May was a fun/busy month all around.  My daughter (and her cousin) had their first ever dance recital in front of 500+ people(and they nailed it)!  The kids have also been in swimming Mon-Thursday with dance on Friday – so the weeks have been super busy-but fun.
  • I jumped on a plane and travelled for the first time since 2020.  I attended a conference in New York and had a blast.  The work bit was super busy and productive, but we also enjoyed some excellent dinners, lots of cocktails and even enjoyed a sip of Van Winkle 12 year (along with some other great whiskeys).  
  • I didn’t take a lot of pictures from the NYC trip, but here is one from a rooftop bar enjoying a Glenmorangie 18 year with some nice buildings in the background..
    NYC
  • Attended my Aunt’s retirement party which was a lot of fun seeing all the kids/cousins playing together.  
  • A few other pics from the recital…

     

  • Financial Highlights for May:

  • Regular readers will know I’ve been really focusing on maxing my TFSA out this year.  As of January 1st, I had $29,614 contribution room available.  In the first 5 months of the year I’ve been able to contribute $18,056.46.  I am hopeful by the end of the year I’ll have this maxed out.  Once this is maxed out – we will focus on maxing out Amber’s(she has 50k+ room).
  • In April, I contributed $1133.77 to my TFSA.  I have just over $11,558.00 contribution room left to max out before the end of the year.
  • May continues to be one of my slowest months as far as dividends go.  The good news is – it is followed by June which is usually my 2nd largest month (after December).
  • Thanks to dripped shares – I am now receiving over $50/month from Artis Reit!
  • Received dividends from 5 companies and 2 funds.  Dripped an additional 27 shares/units.  Last year I dripped a total of 603 new shares.  So far this year I have dripped 267 shares in the first 5 months!

Passive Income Update For May 2022.

TFSA’S:

Diversified Royalty Income: $29.25 (dripped 10 shares)

Artis Reit: $50.05 (dripped 4 shares)

European Residential Reit: $8.09 (dripped 1 share)

RBNK: $72.17 (dripped 2 share)

Nexus Reit: $15.36 (dripped 1 share)

Canadian NET Reit: $10.64

TFSA’s Total: $185.56

RRSP:

Canadian Equity Income Distribution: $388.78 (dripped 09 units)

RRSP Total: $388.78

Total Passive Income May 2022:  $574.34.  This is my first month under $600 this year – but I am still averaging over $1300/month and have 2 of my largest months still to come (June & December).

2022 Portfolio Update:

Portfolio increased slightly to $526,562.12, although I am still down about $40,000 from my all time high.

Dividends in May were up 14.34% compared to last May.

Last year (2021) I received $14,022 in dividends.  So far in 2022, I have received $6731.52.  My forward 12 month dividend income is sitting at $14,958.00.  That doesn’t include any year end/special distributions.  I am still hoping to crack $18,000 by year end.  34% of my dividend income ($2292.45) in 2022 has been completely tax free.  Last year – only 25% of my income was tax free – so it’s nice to see the focus on the TFSA has been paying off!  

How was your May?  

April Update. Mixed Review: Portfolio down 40k, Dividends up 120%

Dividend Income & Portfolio Update

Personal Highlights

  • April was a weird month.  There were snow storms, crazy rainfalls, everyone getting sick, but it ended with some nicer weather and Isaac turning 5.  We had a family party at our place, and a bowling party for some of his daycare friends the next day.  Both were a lot of fun, and he had a great time.
  • We made it out to Birds Hill provincial park to “chickadee trail”.  We did this last year as well and it was so much fun we decided to go back.  Holland is becoming a bird whisperer:
    chickadee trail
  • My daughter has started taking two different dance classes, and both kids are enrolled in swimming starting next week – so May is going to be BUSY!  
  • I am heading to New York at the end of May for work – I’ve never been so I am pretty excited for that.  It will also be my first time on a plane since covid – so we will see how this goes.
  • Isaac showing off his Buzz Lightyear Birthday gifts & and Holland loving her dance attire:

    Buzz Lightyear
    Kids Dance

  • Financial Highlights for April:

  • Regular readers will know I’ve been really focusing on maxing my TFSA out this year.  As of January 1st, I had $29,614 contribution room available.  In the first 4 months of the year I’ve been able to contribute $16,334.05.  I am hopeful by the end of the year I’ll have this maxed out.  Once this is maxed out – we will focus on maxing out Amber’s(she has 50k+ room) and once that is done – we can start seriously looking at paying off house/early retirement.  I will write a longer post on this “plan” in the coming months.
  • In April, I contributed $1986.97 to my TFSA.  I have just over $13,000 contribution room left to max out before the end of the year.
  • Sold 500 shares of Intertape Polymer Group from RRSP.  Used the proceeds to buy 200 more shares of Equitable group & 221 shares of XAW.
  • Sold 275 shares of Intertape Polymer Group in wife’s TFSA.  Used proceeds to buy an additional 467 shares of Manulife.
  • My favorite mutual fund RBC Canadian Equity Income Fund (Series D) was converted to a series F fund. This means lower fees for me!
    Bought 130 more shares of RBNK.  This is a fund that holds all the major Canadian banks & pays a monthly distribution.
  • Received dividends from 13 companies and 2 funds.  Dripped an additional 85 shares/units.  Last year I dripped a total of 603 new shares.  So far this year I have dripped 240 shares in the first 4 months!

Passive Income Update For April 2022.

TFSA’S:

Diversified Royalty Income: $29.09 (dripped 9 shares)

Artis Reit: $49.90 (dripped 3 shares)

European Residential Reit: $8.09 (dripped 1 share)

RBNK: $68.34 (dripped 2 share)

Telus: $62.86 (dripped 1 share)

Algonquin Power: $221.08 (dripped 11 shares)

Power Corp: $120.78 (dripped 3 shares)

Nexus Reit: $15.31 (dripped 1 share)

Canadian NET Reit: $10.64

TFSA’s Total: $429.17

RRSP:

Canadian Equity Income Distribution: $1364.27 (dripped 35 units)

Equitable Group: $151.48 (dripped 2 shares)

Alimentation Couche Tard: $66.44 (dripped 1 share)

Go Easy: $388.57 (dripped 2 shares)

Transcontinental: $212.40 (dripped 12 shares)

New Flyer: $36.80 (dripped 2 shares)

RRSP Total: $2219.96

Total Passive Income April 2022:  $2806.04!  This represents 126% YoY increase compared to last April!

2022 Portfolio Update:

Portfolio decreased -7.66% to $522,964.12.  My portfolio dropped $43,000 in on month – this is the second largest monthly drop since I’ve been tracking my portfolio.

Dividends in April were up 126% compared to last April!!!  Last year (2021) I received $14,022 in dividends.  So far in 2022, I have received $6157.18.  My forward 12 month dividend income is sitting at $14,809.00  That doesn’t include any year end/special distributions.  I am still hoping to crack $18,000 by year end.  With $2806 in dividend income last month, that makes April 2022 my second highest ever dividend month.

How was your April?