January 31, 2023

November 2022 Passive Revenue – Mouth-watering Yr Over Yr Progress — Passive Canadian Revenue

7 min read


  • 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 need costs to be as little as they are often. I don’t assume the market ought to be getting all excited as inflation remains to be north of seven% and rates of interest will nonetheless be growing. Powell kinda talked about charges could not go as excessive as he initially thought and bam right here we’re.

Charges are nonetheless wayyyy greater than they have been in the beginning of 2022 and can most likely go up a couple of times extra earlier than they freeze or begin reducing them for my part. I learn a fantastic 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 charge improve. Nonetheless, a charge improve in 2022 from a base level 0.25% to 4.25% represents a 16x charge improve, which could have a a lot higher shock to the financial system.

I believe we’ll 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 sincere. I’ve been flawed previously although, so I’ll simply stick to the plan.

Life

A quiet month total. 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 previous and 15 years of recollections with us (we received her from humane society) . That’s a heck of a very long time however her hips have 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 previous is a heck of a run although for a husky, we have been blessed to have her for therefore lengthy. Rip Sage

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

Raises

We had 4 Elevate’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 earnings.
  • Couchetard got here by way of 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 considered one of our largest holdings this added $33.22 to our earnings.
  • Nationwide Financial institution raised 5.4% however since we solely maintain the 1 drip presently this added solely 20 cents. haha

An important month for dividend raises and in complete we’ll usher in $136.02 extra earnings earnings subsequent yr with out doing something totally different. Lovely! We offered 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 presently brings in $8,182 yearly these raises alone added simply over 7% to our earnings throughout 2022. That is the ability of dividend progress investing.

 

August 2022 Passive Income

November 2022 Dividend Revenue

6 Corporations paid us this month.

Shares November 2021 Revenue Nov 2022 Revenue
Sensible Facilities 33.15 (1 Drip) offered
Rit ETF 65.95 offered
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 only one dividend dripped this month and even worse I offered the place after the ex dividend date. (I believed banks could be in for some arduous instances the subsequent 6-12 months and up to now they’ve executed properly. Though we are able to see the earnings down on some as they set more cash apart for dangerous loans)

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

In case your try our Earlier Dividend Revenue Studies.

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 all the time receives a commission a month later) our photo voltaic panel system generated 444 kWh. Since we usher in a set charge 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 greater 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 Price ——–$32,396.46

Complete Revenue Obtained ——–$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 received to be our highest progress charge ever, and lets be sincere most likely wont see this for a very long time. This month our progress charge in complete passive earnings is a monster 72.36% progress charge 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 up to now – $12,429.27
Complete Passive Revenue for 2022 —– $22,081.68
Yr Finish Objective – $25,000

Getting near the purpose, however seemingly can be a little bit quick. All good, whenever you set the bar so excessive.

Purchases

 

November Inventory Purchases

We made simply 1 buy this month because the market for my part 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 all the time needed to get this place into our prime 10 and this month it broke into the record within the quantity 8 spot.

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

Bitcoin

Nicely as a few of you might properly 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 stick to bitcoin and presumably etherium. That is purely a speculative funding and principally a hedge in opposition to our greenback. In my view governments are completely destroying our greenbacks and we reside in a world with no repercussions. They preserve 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 preserve going as much as struggle inflation or will they dial again since they cant afford it.. I’m guessing we’ll 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 folks nonetheless voted for them… finish rant.. =)

My plan for bitcoin is 100 to begin 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 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) principally 2-4 cents a day. haha. A 100 greenback deposit will get you 10 bucks and 10 for the referrer. Be happy to make use of my affiliate right here in case your focused on attempting out the crypto house. I admire the assist.

Monetary Targets Replace

Charities

Enhance Dividends by $4285.81 this yr. (bringing our ahead earnings 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 in the marketplace 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 earnings is greater at yr finish vs final yr, its all good!

 

Etf Month-to-month Minimal Buy of $250

  • This month we added 7 extra models of xaw etf.
  • Questrade* is nice as a result of it gives 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 further value to you, I’d get a little bit fee when you have been to enroll. You could possibly get $50 in free trades through the use of my affiliate hyperlink although.
November 2022 Passive Revenue Conclusion

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

Want you all nothing however the very best, 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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