- 3 sources of passive Revenue
- $1,150.03 from dividends
- 15 shares/items dripped in September
- Trailing 12 Month Portfolio Return +3.83%
S&P 500 12 Month Whole Return +21.62% for September 2023
S&P/TSX Composite Index 12 Month +1.55% October 4th 2023
Beating the tsx however getting smoked by the s and p 500. Contemplating our portfolio is about 50/50 I’m behind the index.
The market had some good purple days however then has shortly went sideways as soon as once more.. As at all times its laborious to see purple within the portfolio, however within the accumulation part decrease costs are good. Cnr at 145 is nice, however it will be quite a bit cooler at 130 =)
Life
September meant the youngsters went again to high school! Ahhh time to get again to a routine. The youngsters are loving it, doing nice and making new associates. My son completed his first yr of rep soccer and tried out as soon as once more. He made the crew this yr as soon as once more. Improbable!
In the beginning of the month we had a child free day and went on a pleasant hike after which adopted that up by going to the Machine Gun kelly live performance in Niagara. It was superior. Im a giant fan of his music and it was fairly wonderful to see the vary of followers. From children, to goths, to common joe’s and even seniors by themselves in walkers.. Music actually does deliver everybody collectively.
We did our final tenting journey of the yr. This time at Bon Echo Park. Wow can be an understatement. It’s recognized for its cliff however to see it in individual was simply spectacular. Nature is unbelievable, get on the market! The climate was sooo good that we have been even swimming on daily basis.
It’s time to pack up the trailer, get fatter over thanksgiving and naturally begin prepping for halloween. Ought to be a very good one this yr. Individuals find out about our place now so there’s some stress to be higher than final yr now.
Alright, Let’s Get To Our September 2023 Passive Revenue
Raises/ Cuts
3 Raises this month!
- Fortis determined to get king standing and increase their dividend by 4.4% This increase provides $23.60 to our ahead earnings.
- Texas Intruments got here by means of with a 4.8% enhance. Some folks level to their decrease dividend progress price just lately. Its price noting that these decrease hikes got here since saying their development plans on their 30 billion fab manufacturing unit in Texas. 2025 ought to deliver double digit will increase once more in my view. This enhance provides $8.64 to our ahead earnings.
- Microsoft got here by means of as soon as once more with a ten% increase. Gotta adore it! $11.48 in added earnings.
This month these 3 raises added a complete of $43.72 to our ahead earnings with out including a penny to the account.
Whole Added Revenue from Dividend Raises in 2023 – Adverse $-4.52
Nonetheless detrimental from that algonquin energy reduce. arg! The shares simply retains beating us down…
September 2023 Dividend Revenue
11 Firms paid us this month.
| Shares | September 2022 Revenue | September 2023 Revenue |
|---|---|---|
| Manulife Monetary | 138.93 (6 Drips) | offered |
| Stanley Black & Decker | 12.00 | offered |
| Good Facilities | 35.92 (1 Drip) | offered |
| MSFT | 18.60 usd | 27.88 usd |
| Lockheed Martin | 61.60 usd | 66.00 usd |
| House Depot | 19.00 usd | 60.61 usd |
| JNJ | 75.71 usd | 79.73 usd |
| Couche-Tard | 18.70 | 29.54 |
| Canadian Nationwide Railway | 79.84 | 86.11 |
| Brookfield Renewable | 114.12 (2 Drips) | 153.44 (4 Drips) |
| Brookfield Asset mng | 0 | 13.42 |
| suncor | 191.29 (4 Drips) | 221.52 (4 Drips) |
| Fortis | 120.91 (2 Drips) | 132.21 (2 Drips) |
| Enbridge | 257.14 (3 Drips) | 279.57 (5 Drips) |
| Totals | 1143.76 | 1150.03 |
15 shares/items Dripped in September.
Nice to see issues rising yr over yr in any case these gross sales. I like seeing extra usd paying firms and the overall enhance every place has gotten.
In case your take a look at our Earlier Dividend Revenue Experiences.
Our Drips (Dividend Reinvestment Program) added $38.07 bucks to our ahead earnings…. candy!
Different Revenue
Personal Funding Cost – $1000.00
1k a month, very good!
Photo voltaic Panel Revenue
In August (We at all times receives a commission a month later) our photo voltaic panel system generated 873 kWh. Since we herald a hard and fast price of 28.8 cents per kilowatt hour, Hydro One deposited $251.47 into our chequing account this month.
Final August the system generated $271.05, so as soon as once more we are available in decrease.. arg!
Whole Revenue for 2023 – $1,725.65
System Put in January 2018
Whole System Price ——–$32,396.46
Whole Revenue Acquired ——–$13,897.94
_____________________________________________
Quantity to Break even —- $ —18,498.52
Starting of October and the solar is shining! Right here’s hoping this month brings the next earnings than final yr.
Whole September 2023 Passive Revenue – $2,401.50
September 2022 Passive Revenue – $2,414.81
Ahhh so near seeing yr over yr progress once more. Quickly sufficient!
Totals For 2023
Dividends 12 months To Date Whole – $6,881.8
Different Passive Revenue 12 months up to now – $11,489.49
Whole Passive Revenue for 2023 —– $18,371.29
12 months Finish Purpose – $26,000 (70.65%)
A pleasant soar in progress, gotta love these months! Let’s go =)
September Inventory Purchases/Gross sales
Since this month was a 5 week pay interval we ended up making 3 completely different purchases. Two to current positions and we began a brand new one as properly.
Purchases
Telus – We offered this place within the fall of final yr attributable to rising rates of interest and deliberate to rebuild this place when it was cheaper. Effectively it undoubtedly is now. We added 42 shares at a price foundation of $23.96. (even cheaper now) This purchase provides $61.08 in ahead earnings.
Nationwide Financial institution – We began rebuilding this place as properly this month. 12 shares at $94.54 per share. This provides $48.96 to our ahead dividends.
Lockheed Martin – With a warfare nonetheless happening and an enormous backlog of orders. I believed this was a very good one to develop our place in. It has achieved very properly for us since we began our authentic place. We added 3 shares at a price foundation of $413 per share. This provides $36 in ahead dividends.
All in all we added $146.04 in future yearly dividend earnings with these purchases. Yield and respectable dividend progress.
Whole added ahead dividend earnings from purchases in 2023 – $994.17
Bitcoin
Bitcoin kinda went sideways in August however we proceed so as to add 20 bucks per week to our place.
We determined to go together with shakepay as a result of it’s regulated in Canada and also you shake the telephone every day to get some free sats (bitcoin). They just lately modified the best way shaking sats is completed. You get a certain quantity 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 curious about making an attempt out the crypto area. Or in case your a fan of the positioning and wanna toss me some btc my Shaketag is @hutz8
I respect the help.
Monetary Objectives Replace
Charities
Etf Month-to-month Minimal Buy of $250
- This month we added 0 extra items of xaw etf.
- Questrade* is nice as a result of it presents 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 price to you, I’d get a little bit cost for those who have been to enroll. You may get $50 in free trades through the use of my affiliate hyperlink although.
We didn’t add this month as I felt like our purchases supplied a greater alternative in the intervening time.
September 2023 Passive Revenue Conclusion
For some cause my physique is dieing to get up early today. Perhaps I’m fired as much as write some posts.. Its been large for productiveness, I extremely suggest it. General the month was superb on the monetary entrance. I’m completely happy to see all of it on paper and seeing issues develop. I hope you all had an ideal month as properly!
cheers
It’s your limiting perception that has you the place you’re proper now – Eric Thomas
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 Price. By laborious work and monetary schooling we paid all that off. Now we’re specializing in growing our Passive Revenue Streams to make the cash work for us. Really feel Free to Comply with alongside the Journey by clicking the Social Media hyperlinks beneath or subscribing to get notified of latest posts on the sidebar.
