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- 3 sources of passive Earnings
- $917.34 from dividends
- 37 shares/models dripped in October
- Trailing 12 Month Portfolio Return +1.96%
S&P 500 12 Month Whole Return +21.62% for September 2023
S&P/TSX Composite Index 12 Month +5.10% November 3 2023
Decrease than the market 12 months to this point as soon as once more. Algonquin and Aecon particularly are simply beating us down. Aecon ought to bounce again as enterprise is sweet, they’re simply getting killed on tasks quoted earlier than all this inflation. Algonquin I dunno, I simply hope they hold their water property and switch issues round.
Life
October is time to get enthusiastic about halloween as soon as once more. All through this 12 months now we have been buying extra used animatronics. This 12 months our setup was so large it had to enter the yard as effectively. The children within the neighbourhood cherished it and so did I. Sadly the disassembly is quite a bit much less enjoyable then the setup.
I cheated this 12 months for Movember and grew a beard all October in preparation. As all the time I like to take part in Movember and rock the stache. This 12 months hits somewhat nearer as my dad has been battling prostate most cancers and I can fortunately say every part seems to be good now, as he discovered it early. Get issues checked out boys! Effectively you too ladies…. Fupercentk Most cancers proper?
If you want to assist my movember that might be fairly candy of ya. Hey it feels good to present, places a smile on my face and can also be a tax write off.. Win/win/win Robs Movember
Alright, Let’s Get To Our September 2023 Passive Earnings
Raises/ Cuts
One other increase this month
- Abbvie – Abbvie got here via with a 4.7% increase. Fairly good contemplating they’re nonetheless navigating the humira points. This increase provides $19.60 in ahead dividends for us.
Whole Added Earnings from Dividend Raises in 2023 – $15.08
We’re lastly within the optimistic territory after that algonquin dividend lower earlier this 12 months. Candy…
October 2023 Dividend Earnings
8 Corporations paid us this month.
| Shares | October 2022 Dividends | October 2023 Dividends |
|---|---|---|
| Restaurant Manufacturers | 105.33 (1 Drip) | bought |
| Franco Nevada | 5.07 | bought |
| Nutrien | 31.58 | 42.99 |
| Cisco | 53.20 (1 Drip) | 56.16 (1 Drip) |
| TD Financial institution | bought | 120.96 (1 Drip) |
| Bell Canada | 153.64 (2 Drips) | 192.53 (3 Drips) |
| Aecon | 114.52 (11 Drips) | 121.92 (10 Drips) |
| Telus | 136.46 (4 Drips) | 77.45 (3 Drips) |
| Tc Power | 157.50 (2 Drips) | 172.05 (3 Drips) |
| Algonquin Energy | 208.72 (14 Drips) | 133.28 (16 Drips) |
| Totals | 912.82 | 917.34 |
37 shares/models Dripped in October.
Nice to see these months again with some 12 months over 12 months development. The funds are getting chunkier too.
In case your try our Earlier Dividend Earnings Experiences.
Our Drips (Dividend Reinvestment Program) added $49.36 bucks to our ahead revenue…. candy!
Different Earnings
Non-public Funding Cost – $1000.00
1k a month, very good!
Photo voltaic Panel Earnings
In September (We all the time receives a commission a month later) our photo voltaic panel system generated 733kWh. Since we usher in a hard and fast price of 28.8 cents per kilowatt hour, Hydro One deposited $211.17 into our chequing account this month.
Final September the system generated $204.81, so we got here out barely forward this time
Whole Earnings for 2023 – $1,936.82
System Put in January 2018
Whole System Value ——–$32,396.46
Whole Earnings Acquired ——–$14,109.11
_____________________________________________
Quantity to Break even —- $ —18,287.35
The solar continues shining and the revenue retains coming. =)
Whole October 2023 Passive Earnings – $2,128.51
October 2022 Passive Earnings – $2,117.63
A pair bucks is a pair bucks proper? Depend it!
Totals For 2023
Dividends 12 months To Date Whole – $7,799.14
Different Passive Earnings 12 months to this point – $12,700.66
Whole Passive Earnings for 2023 —– $20,499.80
12 months Finish Objective – $26,000 (78.84%)
Breaking 20k for 2023, very good! It nonetheless amazes me getting this. Only a couple years in the past we had no passive revenue. After I inform individuals about dividends they’re like oh 30-80 bucks? That ain’t gonna change my life.. However its these fixed 30-80$ will increase that can. Don’t deal with the quick time period, long run you may be laughing..
October Inventory Purchases
CNR – Canadian Nationwide Railway. We added extra shares to our current place. That is one in every of my favorite firms we personal and when it yields over 2% it usually has been time to purchase. I added 9 extra shares at a price foundation of $146.92 per share.
This buy provides $28.44 in ahead dividends.
Costco – We determined so as to add a grocer in our portfolio. Whereas costco is alot greater than that, meals is its bread and butter. It’s not an inexpensive inventory by any means however the development has been unbelievable and I may see that persevering with sooner or later. A easy increase on the membership charges will increase their revenue and that can most likely occur quickly sufficient. Personally we dont have a costco membership. Why? As a result of the place is simply too busy. I hate their car parking zone and procuring there. That claims quite a bit. A number of room for development in my view and our portfolio may use extra development.
We went the cdr route on this one in our tfsa. I like that I’m not changing {dollars} and at 26 bucks per unit the children can, and did add it to their portfolio as effectively. We purchased 46 shares at 25.83 per unit. This provides a monster $8.79 in ahead revenue.
General we added $37.32 in future dividend revenue. Progress and excessive dividend development this month.
Whole added ahead dividend revenue from purchases in 2023 – $1,031.40
Bitcoin
I’ve now been shopping for bitcoin for a 12 months as I began in November final 12 months. To say its been an amazing funding could be an understatement.
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 not too long ago 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 involved in 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 – price a shot =)
I respect the assist.
Monetary Objectives Replace
Charities
Etf Month-to-month Minimal Buy of $250
- This month we added 4 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 would have liked to pay excessive buying and selling charges.
- * Notice the questrade hyperlink is a affiliate hyperlink and at no further price to you, I might get somewhat fee in case you have been to enroll. You might get $50 in free trades through the use of my affiliate hyperlink although.
We added a pair bucks to get 4 shares of xaw etf this month. =)
October 2023 Passive Earnings Conclusion
An important month general. Im proud of how the month went and that our portfolio is again to optimistic 12 months over 12 months development. I hope you all had an amazing month as effectively.
cheers
Benefit from the little issues in life, for at some point you might look again and notice they have been the large issues – Robert Brault
Hey I’m Rob, creator of Passive Canadian Earnings.
In 2011 me and my spouse had nearly $60,000 in debt and a detrimental $7,000 Internet Value. By means of onerous work and monetary schooling we paid all that off. Now we’re specializing in rising our Passive Earnings 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.
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