- 3 sources of passive Revenue
- $365.35 from dividends
- 1 inventory/unit dripped in November
- Trailing 12 Month Portfolio Return -0.69%
S&P 500 12 Month Complete Return +13.84% for December 2023
S&P/TSX Composite Index 12 Month +4.50% December 13 2023
We see some important underperformance. Its unlucky however lets be trustworthy, the market is getting carried by only a small quantity of firms. As rates of interest degree off, the portfolio ought to carry out higher. Fortunately the dividend will increase preserve coming although.
Life
November was one other nice month. After wanting a brand new shed for years we lastly pulled the set off. We constructed a 16×10 shed within the yard and whereas it’s a shed proper now, the plan is to make it a person shed. AR Ar Ar! Gotta get some energy setup to it after which begin insulating it however its there lastly! Convey on the leaf video games with the boys with out children working and yelling throughout =)
With the top of November additionally comes the top of the panorama season. We shut er down proper earlier than the start of December and it appeared like excellent timing. We had snow that weekend and the next week was freezing. Right here we’re dec 12 and its going to be 9 levels on Friday. Loopy! however no less than I’m not establishing the hockey rink within the yard this yr =)
December 1st we went on a pleasant household journey to Florida for per week. Disneys animal kingdom, Common Studios and a 4 day cruise. It was a good time. Common was completely superb, we did virtually all rides in common and the harry potter space. These harry potter coasters and that 4d trip was completely unbelievable. This was a part of the youngsters Christmas present and so they appear to be utterly tremendous with that.
They’ve sufficient crap. Experiences over stuff at all times!
Grateful
Movember got here to a detailed as soon as once more. After rocking the stache for all of November the whole I raised in 2023 was $300. Total since signing up for Movember this stache has raised $1,340 for mens well being. Shout out to Keith from Divhut. He was the primary particular person on this on-line monetary neighborhood to donate to our movember since I’ve been posting about it. Thanks alot Keith
Alright, Let’s Get To Our November 2023 Passive Revenue
Raises/ Cuts
Oh sure there have been raises this month!
- Suncor – Raised theirs 4.8% including $43 to our ahead earnings.
- CoucheTard introduced a 25% elevate including $29.54 to our ahead earnings.
- Enbridge Boosted theirs 3.1% including $35.20 to our yearly dividends
- TD Financial institution elevated their divs by 6.3% including $30.48
- Disney reinstated their dividend. Will this be semi yearly? who is aware of however proper now .30 cents per share is coming our method. Including $18.30
- Nationwide Financial institution grew theirs by 4% including a monster $2.08
Complete Added Revenue from Dividend Raises in 2023 – $194.96
Gotta love months like this. Couchetard is an absolute monster. One I’d simply be over 100% on if I didnt preserve including to our place as effectively.
November 2023 Dividend Revenue
8 Firms paid us this month.
| Shares | Nov 2022 Revenue | Nov 2023 Revenue |
|---|---|---|
| Nationwide Financial institution of Canada | 154.56 (1 Drip) | 13.26 |
| Costco CDR | 0 | 1.85 |
| Texas Devices – Usd | 32.24 | 46.80 |
| Air Merchandise – Usd | 74.52 | 80.50 |
| Proctor & Gamble – Usd | 31.05 | 31.98 |
| Abbvie – Usd | 98.70 | 103.60 |
| Common Mills – Usd | 78.84 | 87.32 (1 Drip) |
| Totals | 469.91 | 365.31 |
1 shares/models Dripped in November.
These months proceed to be laggards. Its all good, slowly however certainly it should come again up. We acquired our first cost from Costco. Man what a inventory I’ve held it for simply over a month and its up like 15%. These low yielder’s proceed to stay out within the portfolio, ensure you maintain a few of them as effectively.
In case your try our Earlier Dividend Revenue Stories.
Our Drips (Dividend Reinvestment Program) added $2.36 bucks to our ahead earnings…. =)
Different Revenue
Personal Funding Cost – $1000.00
1k a month, very good!
Photo voltaic Panel Revenue
In October (We at all times receives a commission a month later) our photo voltaic panel system generated 374 kWh. Since we usher in a set fee of 28.8 cents per kilowatt hour, Hydro One deposited $103.16 into our chequing account this month.
Final September the system generated $122.73, so we got here out barely behind as soon as once more
Complete Revenue for 2023 – $2,039.98
System Put in January 2018
Complete System Value ——–$32,396.46
Complete Revenue Obtained ——–$14,212.27
_____________________________________________
Quantity to Break even —- $ —18,184.19
Winters coming….
Complete November 2023 Passive Revenue – $1,468.51
November 2022 Passive Revenue – $1,592.64
A bit of behind however that’s to be anticipated with a decrease dividend earnings.
Totals For 2023
Dividends Yr To Date Complete – $8,164.49
Different Passive Revenue Yr thus far – $13,803.82
Complete Passive Revenue for 2023 —– $21,968.31
Yr Finish Aim – $26,000 (84.49%)
At all times good seeing these totals go up, however with 4k to go clearly I’ll be in need of the purpose. Love how the portfolio is altering although. It ought to profit us sooner or later.
November Inventory Purchases
AP.UN – Allied Property Reit. Excessive danger excessive reward play. I believe this firm is severely undervalued. After promoting all our reits final yr I believed now was a great time to get again in. Rates of interest ought to cease their big incline and will keep flat or presumably go down subsequent yr as mortgages come due. The corporate has loads of debt however bought their information centre portfolio for 1.3 billion. These proceeds shall be used to pay down debt and likewise give a particular dividend to unit holders in January. Rbc offers allied a good worth of $31.25 and its buying and selling at virtually half of that. It provides a monster yield and even elevated it this yr.
We purchased 280 shares at $17.61 per share.
This buy provides $504 in ahead dividends. =)
Bam – Brookfield Asset Administration – We added to our bam place as soon as once more this month. Nice firm and one I positively need to develop our holdings in. Final month we purchased 26 shares at $42.88 per share.
Including $33.28 in ahead earnings
Total we added $537.28 in future dividend earnings. An enormous leap, let’s see the way it performs out.
Complete added ahead dividend earnings from purchases in 2023 – $1,568.68
Bitcoin
Bitcoin continues to tear issues up, up 20% yr over yr in comparison with final month. If blackrock’s bitcoin etf will get accepted prepare for it to pop much more.
We determined to go along with shakepay as a result of it’s regulated in Canada and also you shake the cellphone day by day to get some free sats (bitcoin). They lately modified the best way shaking sats is finished. You get a specific amount per day now
A 100 greenback deposit will get you 10 bucks and 10 for the referrer. Be at liberty to make use of my affiliate right here in case your concerned with attempting out the crypto area. Or in case your a fan of the positioning and wanna toss me some btc my Shaketag is @hutz8 – value a shot =)
I respect the assist.
Monetary Objectives Replace
Charities
Etf Month-to-month Minimal Buy of $250
- This month we added 0 extra models of xaw etf.
- Questrade* is nice as a result of it provides free etf trades and cheaper inventory buying and selling choices than most Canadian brokers. $250.00 a month would kill us if we wanted to pay excessive buying and selling charges.
- * Observe the questrade hyperlink is a affiliate hyperlink and at no further value to you, I’d get just a little cost if you happen to had been to enroll. You might get $50 in free trades by utilizing my affiliate hyperlink although.
We didn’t purchase and xaw this month.
November 2023 Passive Revenue Conclusion
Whereas the earnings is decrease, we put alot of money to work for us. Total issues continue to grow, slowly however certainly. How was your month?
cheers
Inaction breeds doubt and worry. Motion breeds confidence and braveness. If you wish to conquer worry, don’t sit at dwelling and give it some thought, Exit and get busy – Dale Carnegie
Hey I’m Rob, creator of Passive Canadian Revenue.
In 2011 me and my spouse had virtually $60,000 in debt and a detrimental $7,000 Web Value. By means of arduous work and monetary schooling we paid all that off. Now we’re specializing in rising our Passive Revenue Streams to make the cash work for us. Really feel Free to Observe alongside the Journey by clicking the Social Media hyperlinks under or subscribing to get notified of recent posts on the sidebar.
