Monday, December 11, 2023
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November 2022 Passive Revenue – Mouth-watering Yr Over Yr Progress — Passive Canadian Revenue


  • 3 sources of passive Revenue
  • $469.91 from dividends
  • 1 inventory dripped in November
  • Trailing 12 Month Portfolio Return 10.30%

Seinfeld – Helllllooo!

The market is beginning to rip once more…. and I’m not a fan. Being in accumulation stage I would like costs to be as little as they are often. I don’t suppose the market needs to be getting all excited as inflation remains to be north of seven% and rates of interest will nonetheless be rising. Powell kinda talked about charges might not go as excessive as he initially thought and bam right here we’re.

Charges are nonetheless wayyyy larger than they had been firstly of 2022 and can most likely go up a few times extra earlier than they freeze or begin reducing them in my view. I learn an ideal article on mortgage charges the opposite day, however right here’s one line that stood out to me.

From one other historic perspective, when charges elevated within the Nineteen Eighties from a base level of 10% to twenty%, this represented a 2x fee enhance. Nevertheless, a fee enhance in 2022 from a base level 0.25% to 4.25% represents a 16x fee enhance, which can have a a lot larger shock to the economic system.

I feel we are going to see even higher costs in 2023, however we proceed to greenback value common into our portfolio. I’m not cashing out our portfolio, though I’m actually tempted on this rally to be trustworthy. I’ve been incorrect prior to now although, so I’ll simply persist with the plan.

Life

A quiet month general. Typical finish of the yr yard work. Cleaned all of the leaves, put the batteries inside from mower, trailer and put all of the out of doors stuff within the shed.

Sadly the time had got here that we needed to put out canine down. 16 years outdated and 15 years of recollections with us (we obtained her from humane society) . That’s a heck of a very long time however her hips had been beginning to give on her. We debated placing her down final month after happening our final tenting journey however her hips didn’t appear to be bothering her a lot after. Issues deteriorated fairly rapidly this month although. 16 years outdated is a heck of a run although for a husky, we had been blessed to have her for therefore lengthy. Rip Sage

Alright, Let’s Get To Our November 2022 Passive Revenue

Raises

We had 4 Increase’s this month.

  • Suncor raised their dividend for the 2nd time this yr. This increase was one other 11% including $82.20 to our ahead revenue.
  • Couchetard got here via as soon as once more with a monster increase. This one was 27.3% and provides $20.40 to these future dividends.
  • Enbridge busted out a 3.2% dividend increase. Since its one among our largest holdings this added $33.22 to our revenue.
  • Nationwide Financial institution raised 5.4% however since we solely maintain the 1 drip at the moment this added solely 20 cents. haha

An excellent month for dividend raises and in whole we are going to usher in $136.02 extra revenue revenue subsequent yr with out doing something totally different. Lovely! We bought off a bunch of corporations this yr to repay our heloc. Whereas some have labored out good, some haven’t. However the good factor is our complete dividend portfolio has introduced raises in 2022. We removed all non dividend raisers and it feels good! (aside from Disney)

Complete Added Revenue from Dividend Raises in 2022 – $537.09

Since our portfolio at the moment brings in $8,182 yearly these raises alone added simply over 7% to our revenue throughout 2022. That is the facility of dividend development investing.

 

August 2022 Passive Income

November 2022 Dividend Revenue

6 Corporations paid us this month.

Shares November 2021 Revenue Nov 2022 Revenue
Good Facilities 33.15 (1 Drip) bought
Rit ETF 65.95 bought
Nationwide Financial institution of Canada 41.18 154.56 (1 Drip)
Texas Devices – Usd 0 32.24
Air Merchandise – Usd 0 74.52
Proctor & Gamble – Usd 20.88 31.05
Abbvie – Usd 91.00 98.70
Basic Mills – Usd 72.42 (1 Drip) 78.84
Totals 324.58 469.91

1 inventory Dripped in November.

Sadly just one dividend dripped this month and even worse I bought the place after the ex dividend date. (I assumed banks can be in for some exhausting instances the subsequent 6-12 months and up to now they’ve finished effectively. Though we are able to see the revenue down on some as they set extra money apart for dangerous loans)

Basic mills has been on a tear this yr and now we now not usher in sufficient to drip them. However I don’t thoughts an excessive amount of as I would like as a lot usd within the account as we are able to get. This month is usually us shares and that cash will probably be gasoline for the subsequent us inventory buy. 310 bucks usd is sweet, since I hate changing our cdn {dollars} in the intervening time!

In case your try our Earlier Dividend Revenue Experiences.

Our Drips (Dividend Reinvestment Program) added a monster $3.88 in future dividends.

November 2022 Dividends


Different Revenue

Personal Funding Cost – $1000.00

1k a month, Straight to the heloc.


Photo voltaic Panel Revenue

In October (We at all times receives a commission a month later) our photo voltaic panel system generated 444 kWh. Since we usher in a set fee of 28.8 cents per kilowatt hour, Hydro One deposited $122.73 into our chequing account this month.

Final October the system generated $99.42 so we’re fairly a bit larger this month. The climate has been far and wide this fall.

Complete Revenue for 2022 – $2,225.11

System Put in January 2018

Complete System Value ——–$32,396.46

Complete Revenue Acquired ——–$12,110.33

_____________________________________________

Quantity to Break even —- $ -20,286.13


November passive income piechart

Complete November 2022 Passive Revenue – $1,592.64

November 2021 Passive Revenue – $924

Okay this has obtained to be our highest development fee ever, and lets be trustworthy most likely wont see this for a very long time. This month our development fee in whole passive revenue is a monster 72.36% development fee yr over yr. Completely large and good to see in these decrease paying months.

Passive Income graph

Totals For 2022

Dividends Yr To Date Complete – $9,652.41
Different Passive Revenue Yr to this point – $12,429.27
Complete Passive Revenue for 2022 —– $22,081.68
Yr Finish Objective – $25,000

Getting near the aim, however possible will probably be a little bit quick. All good, once you set the bar so excessive.

Purchases

 

November Inventory Purchases

We made simply 1 buy this month because the market in my view shot up for no purpose in any respect. Inflation remains to be over 7% and charges are nonetheless rising.

We purchased 8 extra shares of Microsoft earlier than the run up. I’ve at all times needed to get this place into our prime 10 and this month it broke into the checklist within the quantity 8 spot.

8 shares bought at $224.02 per share. This provides $21.76 to our ahead revenue. I plan on persevering with to develop this place sooner or later below 240.

Bitcoin

Effectively as a few of you might effectively know, I’ve been anti crypto for years now. My thoughts has been modified a bit. I attend a month-to-month mastermind meetup with 6 guys. 2 crypto bulls, 2 inventory guys and a pair of actual property guys. The crypto guys have satisfied me to dip into the house. I received’t contact any crap cash. I’ll simply persist with bitcoin and presumably etherium. That is purely a speculative funding and mainly a hedge in opposition to our greenback. In my view governments are completely destroying our bucks and we stay in a world with no repercussions. They maintain their jobs and proceed printing cash.

For the primary time ever the financial institution of Canada is now dropping cash. They misplaced 522 million in 3 months. Will rates of interest maintain going as much as combat inflation or will they dial again since they cant afford it.. I’m guessing we are going to proceed printing the distinction.

However hey gotta give credit score the place its due. The liberals actually mentioned financial coverage wasn’t a priority this election and other people nonetheless voted for them… finish rant.. =)

My plan for bitcoin is 100 to start out and 20 bucks added each week. I’ll replace how issues are going each month.

Complete invested – $110

 

bitcoin

 

I made a decision to go together with shakepay as a result of it’s regulated in Canada and also you shake the telephone day by day to get some free sats (bitcoin) mainly 2-4 cents a day. haha. 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 about attempting out the crypto house. I recognize the assist.

Monetary Targets Replace

Charities

Enhance Dividends by $4285.81 this yr. (bringing our ahead revenue from dividends to $13,000 a yr)

Sadly I’m going to ignore this now. Whereas we might of been actually near hitting this, issues modified. I’m not as bullish available on the market and with rates of interest doubling in 6 months (and nonetheless rising) I made a decision to repay all our heloc which we used for investing. So long as the ahead passive revenue is larger at yr finish vs final yr, its all good!

 

Etf Month-to-month Minimal Buy of $250

  • This month we added 7 extra items 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.
  • * Notice the questrade hyperlink is a affiliate hyperlink and at no extra value to you, I’d get a little bit cost in the event you had been to enroll. You possibly can get $50 in free trades through the use of my affiliate hyperlink although.
November 2022 Passive Revenue Conclusion

An honest month general. Clearly an emotional one, however her time was due. Now we get able to go away on trip after which get pleasure from time with family and friends for Christmas. At all times one among my favorite instances of the yr though not financially….. Ho Ho Ho

Want you all nothing however the perfect, cheers!

In the long run it’s not the years of your life that depend. It’s the life in your years – Abraham Lincoln

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