Happy Halloween! October Update

Dividend Income & Portfolio Update

Personal Highlights

Another busy month! My soccer season started, the kids are in dance & swimming, and I started my curling “career” with a win!
The cabin has officially sold, the money has cleared and we’ve begun spending it/investing it and making plans for the rest of it. The first thing we did was we each took a bit of money to “treat ourselves”. Amber bought a bunch of new clothes, spent some money on a girls trip and got a new Christmas Tree. In typical Jordan fashion – I got an XBOX One Series X and some booze…hah. A bit of what I bought:
Some of the other cabin sale money will go towards: Maxing out Amber’s TFSA(done), redoing our roof (starting next week), renovating the floors in living room/dining room & upstairs (hopefully finished in November). We are also contemplating finishing the basement – but undecided at this point.
The kids had their first school dance which was a blast. We also went to “Boo @ The Zoo” which is like a mini halloween carnival at the Zoo.
We hosted a large Thanksgiving dinner (about 30 people) and it was so much fun seeing all the kids/cousins running around playing together.
We had our civic election last week in Winnipeg. It ended in a much expected disappointment. We re-elected a bunch of councillors with no vision and a new mayor whose main vision is to build more roads…meh. We had 11 candidates running for mayor. Voter turnout was so low, we almost had more candidates than voters…haha
Financial Highlights for October:

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. I am happy to report, I have officially maxed out both my TFSA & Amber’s TFSA (thanks to the proceeds of the cabin sale). This means now I can drastically reduce the amount I was contributing every two weeks, or invest in a non registered account OR double up our mortgage payments.
In October I added 128 shares of Brookfield Asset Management to my TFSA. I also added 440 shares of European Residential Reit. These two purchases will add an additional $360.20 to my annual dividend income (100% Tax Free).
We are currently sitting on around $55,000 cash in our TFSA, waiting to scoop up some more great companies at discounted prices over the coming months.
Received dividends from 11 companies and 2 funds. Dripped an additional 81 shares/units. Last year I dripped a total of 603 new shares. So far this year I have dripped 586 shares in the first 10 months!

Passive Income Update For October 2022.

TFSA’S:

Telus: $66.03 (dripped 2 shares)

Diversified Royalty Income: $30.21 (dripped 11 shares)

Artis Reit: $51.05 (dripped 5 shares)

Algonquin Power: $262.70 (dripped 18 shares)

European Residential Reit: $15.72(dripped 5 shares)

RBNK: $83.96 (dripped 4 shares)

Nexus Reit: $15.63 (dripped 1 share)

Canadian NET Reit: $10.64

TFSA’s Total: $535.94

RRSP:

Canadian Equity Income Distribution: $394.00 (dripped 11 units)

Transcontinental: $218.03 (dripped 13 shares)

NewFlyer: $37.01 (dripped 3 shares)

GoEasy Financial: $393.12 (dripped 3 shares)

Equitable Group: $231.57 (dripped 5 shares)

RRSP Total: $1273.73

Total Passive Income October 2022: $1809.67*
*29.6% of this was 100% Tax Free!

2022 Portfolio Update:

Portfolio increased 14% to $549,484.91. This is very misleading, as we injected over $50,000 cash into the portfolio this month. If we remove the big cash infusion the portfolio is up about 3.7%. The lower stock prices are a little annoying – but I’m not going to lie, I enjoy seeing the DRIPPED share numbers increase. Adding almost 20 Algonquin Power shares, 5 Equitable Group & 3 GoEasy is real nice. I plan to hold a bit of this cash for the coming months to try and scoop up some great companies. A few I have my eye on: Brookfield, Interrent Reit, CP/CN Rail, RBNK and XAW.

Dividends in October were up 34.6% YoY compared to last October!

Last year (2021) I received $14,022 in dividends. So far in 2022, I have received $13,358.03. My forward 12 month dividend income is sitting at $15,707.00*.
*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 this year 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!

September 2022 Update: Stocks go down too!

Dividend Income & Portfolio Update

Personal Highlights

On a personal level….September was BUSY – and it looks like things are just getting started…
Summer is over, school routines are back, Holland started dance again, Isaac starts swimming right away….my soccer season starts in a week, my wife starts curling in 2 weeks and I decided to play mixed curling every second Saturday starting later this month with my brother & wife…crazy times.
I spent 4 nights in Chicago this month for a work conference, but got to see a bit of the city, had a few good meals, and even met up with an old friend from high school who moved there many moons ago. All around decent trip.
Watched a bunch of soccer (as is normal) but this included 2 Canada friendlies in anticipation of the World Cup. We beat Qatar and lost to Uruguay, but we proved we can keep up with some great teams which was very cool.
We had a wedding over the weekend, which was a great time. It was the kids first real wedding they’ve been too, and they had a blast. We even made ourselves look semi presentable!
We had our hockey pool draft yesterday. This is a dynasty/keeper league, that I have been running for FIFTEEN years. There are currently 9 teams in the league, and 6 of the 9 have been in the league for the full 15 years – which is pretty cool. It’s always fun to get together at the start of the season, have some beers, and see the boys. I’m pretty happy with how my team turned out – but I say that every year…hah
Some pretty big news….we officially sold our cabin! This is a bit bittersweet – we’ve had the cabin for 10 years, and always love going out there – unfortunately we’ve never really loved the cabin itself. We bought it before we had kids, and we’ve kind of outgrown it. We will keep an eye out for a new one in the coming months/years – but we are also kind of excited to spend a summer or two in the city – as we’ve pretty much been out at the cabin every weekend from May to September for the last 10 years. On the plus side, the cabin was mortgage free, and we got double what we paid for it, so I am expecting a nice little deposit into my account soon. The plan is to do a few house renovations, max out Amber’s TFSA with some stock purchases, and let’s be honest, probably buy some nice whiskey
I’ll do up a post on the cabin proceeds, and what stocks I end up buying, but right now the plan would be to add to my positions in: BAM, XAW, TELUS & RBNK.
Financial Highlights for September:

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 9 months of the year I’ve been able to contribute $23,638.13. I am hopeful by the end of the year I’ll have this maxed out. Amber still has about 50k contribution room left, which I will max out once the cabin sale is processed. Aside from the obvious benefit of adding $50k into more dividend stocks/forward income, by maxing out both TFSA’s it will give us a lot of extra cash per month which we no longer need to dump into our accounts. We can use this to either pay down the mortgage, invest in RRSP or non registered accounts, or just enjoy on some trips, renovations, and fun toys.
In September, I contributed $1200 to my TFSA. I now have just $5975.87 contribution room left to max out before the end of the year!
Received dividends from 10 companies and 2 funds. Dripped an additional 65 shares/units. Last year I dripped a total of 603 new shares. So far this year I have dripped 505 shares in the first 9 months!

Passive Income Update For September 2022.

TFSA’S:

Diversified Royalty Income: $30.02 (dripped 10 shares)

Artis Reit: $50.85 (dripped 4 shares)

European Residential Reit: $15.25(dripped 4 share)

RBNK: $81.77 (dripped 3 share)

Brookfield Asset Management: $36.78

Western Forest: $26.44 (dripped 17 shares)

Canadian Western Bank: $0.31

Manulife: $346.50(dripped 15 shares)

Nexus Reit: $15.57 (dripped 1 share)

Canadian NET Reit: $10.64

TFSA’s Total: $532.36

RRSP:

Canadian Equity Income Distribution: $393.00 (dripped 10 units)

Alimentation Couche Tard: $66.66(dripped 1 share)

RRSP Total: $459.66

Total Passive Income September 2022: $992.02*.
*54% of this was 100% Tax Free!

2022 Portfolio Update:

Portfolio decreased 5.1% to $481,399.37. This is the lowest my portfolio has been since March 2021. Normally I’d be pretty annoyed by this…BUT with a bunch of cash about to come in from the cabin sale, lower prices is actually kind of nice right now, plus my dividend income continues to grow each month/year.

Dividends in September were up 34% YoY compared to last September!

Last year (2021) I received $14,022 in dividends. So far in 2022, I have received $11,548.03. My forward 12 month dividend income is sitting at $15,476.00*.

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

I am still hoping to crack $18,000 by year end. 37% of my dividend income this year 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!

August 2022 Update

Dividend Income & Portfolio Update

Personal Highlights

After going over 2+ years without catching it – few members of our family caught covid in August. Somehow I managed to avoid it, and luckily the symptoms weren’t too bad. Everyone is healed up and feeling better now!
Had an MRI on my shoulder for an injury from about 10 years ago. Still waiting on the results.
I celebrated my 39th birthday. Kept it low key, no big parties this year, but we did go see The Wizard of Oz @ Rainbow Stage. The performance was great, the kids loved it, and I’ll always have a soft spot for The Wizard of OZ because I played the Scarecrow in junior high.
The Premier League season has started, and I’ve been waking up Saturday & Sunday mornings at 630 AM to watch. There’s been some great games already and Arsenal is top of the league! I know it’s only 5 weeks into the season, but I need to celebrate that while I can..hah
Started getting some quotes to redo our roof – as it is overdue for some new shingles. The first quote came in at $12,000, the second at $10,800 I am hoping this downward trend continues and we can get a couple more/push it below $10,000
Out for a walk with the kids:
Financial Highlights for August:

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 8 months of the year I’ve been able to contribute $22,438.13. 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).
August is one of the slower months of the year for dividends, but October & December are two of the biggest so I am hoping to finish the year off real strong.
In August, I contributed $1481.67 to my TFSA. I now have just $7175.87 contribution room left to max out before the end of the year!
Bought 566 shares of European Residential Reit @ 3.77/share to add to my position. These shares add an additional $89.00 to my annual dividend income and allow me to drip an extra share each month.
Received dividends from 5 companies and 2 funds. Dripped an additional 31 shares/units. Last year I dripped a total of 603 new shares. So far this year I have dripped 440 shares in the first 8 months!

Passive Income Update For August 2022.

TFSA’S:

Diversified Royalty Income: $29.82 (dripped 11 shares)

Artis Reit: $50.65 (dripped 4 shares)

European Residential Reit: $7.85(dripped 2 share)

RBNK: $81.26 (dripped 3 share)

Nexus Reit: $15.52 (dripped 1 share)

Canadian NET Reit: $10.64

TFSA’s Total: $195.74

RRSP:

Canadian Equity Income Distribution: $392.17 (dripped 10 units)

Trailer Fund Rebate for RBC Equity Fund: $18.96

RRSP Total: $411.13

Total Passive Income August 2022: $606.87. 32% of this was 100% Tax Free!

2022 Portfolio Update:

Portfolio decreased 1.32% to $508,000.00

Dividends in August were up 17% YoY compared to last August!

Last year (2021) I received $14,022 in dividends. So far in 2022, I have received $10,556.61. My forward 12 month dividend income is sitting at $15,384.00*.

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

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:
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:
And for no particular reason, here is my favorite pic of the month of my son Isaac….

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!