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- 3 sources of passive Earnings
- $1,150.03 from dividends
- 15 shares/models dripped in September
- Trailing 12 Month Portfolio Return +3.83%
S&P 500 12 Month Complete 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 crimson days however then has rapidly went sideways as soon as once more.. As at all times its exhausting to see crimson within the portfolio, however within the accumulation part decrease costs are good. Cnr at 145 is nice, however it might be loads cooler at 130 =)
Life
September meant the youngsters went again to highschool! 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 staff this yr as soon as once more. Improbable!
Initially 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 an enormous fan of his music and it was fairly superb to see the vary of followers. From children, to goths, to common joe’s and even seniors by themselves in walkers.. Music actually does convey everybody collectively.
We did our final tenting journey of the yr. This time at Bon Echo Park. Wow can be an understatement. It’s identified for its cliff however to see it in individual was simply spectacular. Nature is unimaginable, 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. Must be a great one this yr. Folks learn 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 Earnings
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 with a 4.8% enhance. Some folks level to their decrease dividend progress charge not too long ago. Its price noting that these decrease hikes got here since saying their building plans on their 30 billion fab manufacturing facility in Texas. 2025 ought to convey double digit will increase once more in my view. This enhance provides $8.64 to our ahead earnings.
- Microsoft got here by as soon as once more with a ten% increase. Gotta find it irresistible! $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.
Complete Added Earnings from Dividend Raises in 2023 – Damaging $-4.52
Nonetheless detrimental from that algonquin energy lower. arg! The shares simply retains beating us down…
September 2023 Dividend Earnings
11 Firms paid us this month.
| Shares | September 2022 Earnings | September 2023 Earnings |
|---|---|---|
| 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 |
| Residence 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/models Dripped in September.
Nice to see issues rising yr over yr in any case these gross sales. I really like seeing extra usd paying corporations and the final enhance every place has gotten.
In case your try our Earlier Dividend Earnings Reviews.
Our Drips (Dividend Reinvestment Program) added $38.07 bucks to our ahead earnings…. candy!
Different Earnings
Non-public Funding Fee – $1000.00
1k a month, very good!
Photo voltaic Panel Earnings
In August (We at all times receives a commission a month later) our photo voltaic panel system generated 873 kWh. Since we usher in a set charge 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!
Complete Earnings for 2023 – $1,725.65
System Put in January 2018
Complete System Price ——–$32,396.46
Complete Earnings Obtained ——–$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 a better earnings than final yr.
Complete September 2023 Passive Earnings – $2,401.50
September 2022 Passive Earnings – $2,414.81
Ahhh so near seeing yr over yr progress once more. Quickly sufficient!
Totals For 2023
Dividends Yr To Date Complete – $6,881.8
Different Passive Earnings Yr so far – $11,489.49
Complete Passive Earnings for 2023 —– $18,371.29
Yr Finish Objective – $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 totally different purchases. Two to present positions and we began a brand new one as nicely.
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. Nicely it positively 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 nicely this month. 12 shares at $94.54 per share. This provides $48.96 to our ahead dividends.
Lockheed Martin – With a conflict nonetheless occurring and a large backlog of orders. I believed this was a great one to develop our place in. It has finished very nicely 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 first rate dividend progress.
Complete 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 along 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 not too long ago modified the way in which shaking sats is completed. 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 thinking about making an attempt out the crypto area. Or in case your a fan of the location and wanna toss me some btc my Shaketag is @hutz8
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 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.
- * Word the questrade hyperlink is a affiliate hyperlink and at no further value to you, I’d get a bit cost should you have been to enroll. You may get $50 in free trades by utilizing my affiliate hyperlink although.
We didn’t add this month as I felt like our purchases provided a greater alternative in the mean time.
September 2023 Passive Earnings Conclusion
For some motive my physique is dieing to get up early today. Possibly I’m fired as much as write some posts.. Its been enormous for productiveness, I extremely suggest it. Total the month was superb on the monetary entrance. I’m comfortable to see all of it on paper and seeing issues develop. I hope you all had an incredible month as nicely!
cheers
It’s your limiting perception that has you the place you might be proper now – Eric Thomas
Hey I’m Rob, creator of Passive Canadian Earnings.
In 2011 me and my spouse had virtually $60,000 in debt and a detrimental $7,000 Internet Price. Via exhausting work and monetary training we paid all that off. Now we’re specializing in growing 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 recent posts on the sidebar.
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