littleman-pool
Hot town, summer in the city!

It’s THAT time again! That time when I actually post something.

So it’s been an insanely busy month, tonnes of stuff going on.

 

Baby Time

We’re edging closer and closer to the big day, barely 2 weeks away at this point. We’ve started bringing up all the old baby stuff (diapers, clothes, onesies, swaddles, that kinda stuff) and packing the hospital bag too. These past 9 months flew by, seems like just yesterday MrsSLM and I found out the 2nd little guy was on the way and now we’re staring down the big day. It’s definitely less stressful than the first time, since we have an idea of what to expect. The first few weeks are going to suck something fierce, but after he get’s into a rhythm of feeding then going back to sleep, and we get used to being in a perpetual zombie-like state.

Last time we spent time between naps either working out or watching crappy movies on Netflix (Sharknado!). My company is extremely generous with paternity leave, giving me several weeks fully paid on top of Canada’s crazy awesome year off at partial pay. Haven’t fully decided how much time I’ll actually use, sometimes it’s tempting to take the full year but our portfolio isn’t quite *there* yet and if I did that I doubt I’d ever want to come back. I’ll probably break it into a few smaller chunks so that returning to work isn’t as soul crushing. Really looking forward to the time off though. Been really good about hitting the weight room 4-5 days/week and with this extra time I’ll be able to continue that while also getting back to training kickboxing or brazilian jiu jitsu, or maybe both! Found a great place not 15 minutes walk from here, which means I can jog over really easily.

 

 

Misc

Saw Batman v Super, wow what a crapfest 😛 Terrible, terrible movie. This is supposed to setup DC’s Justice League, and we should be getting a Wonder Woman, Aquaman, new Batman, and a full on Justice League movies over the next few years. Not the greatest start, and I really really wanted to like it. I’ll probably still go see them though since I’m a sucker for super hero movies and learned nothing from this experience.

Also downloaded and started playing Pokemon Go, which is crazily addictive. Never played the original Pokemon games, although I had friends who were really into it. I find myself taking the long route for everything just to hit up a few extra pokestops or hunt for more pokemon. It’s kind of funny to be walking around and seeing all these other people, often groups, people really of all ages out hunting for pokemon.

I think this is really just the beginning of these AR (augmented reality) style games, which is pretty cool. Once we get stuff like Microsoft’s HoloLens in consumers’ hands and at an affordable price, it’ll open up a whole new crazy world of these types of games that blur the lines of reality and the gaming world. I’m a big tech nerd (kind of a prerequisite if you’re going to be a software engineer), so this crap excites me.

 

Finances

Noooooooo! What goes UP must come DOWN! Hahaha.

After such a stellar month last month it’s so disappointment to report such a low (relatively speaking) month. But it wasn’t hard to see coming, after last month’s crazy high which was some 50% higher than the projected monthly income, something had to give. I barely have any companies that pay out dividends this month and a few of the monthly ETF’s that double payed last month, didn’t pay this month. No such thing as a free lunch 🙁 This months total came out to: $814.17. Sad to see the streak come to an end, but I’m confident that next month will make up for it! I’m not complaining though, this is a great amount of money and we’re thankful for it.

 

Name Symbol Income
H&R Real Estate Investment Trust TSE:HR.UN $31.50
RioCan Real Estate Investment Trust TSE:REI.UN $39.36
Allied Properties Real Estate Investment TSE:AP.UN $21.25
Smart REIT TSE:SRU.UN $23.38
Chartwell Retirement Residences TSE:CSH.UN $18.73
Canadian Apartment Properties REIT TSE:CAR.UN $19.32
Cominar Real Estate Investment Trust TSE:CUF.UN $3.43
Telus Corporation TSE:T $128.80
iShares S&P/TSX Canadian Dividend Aristocrats ETF TSE:CDZ $79.11
Bank of Nova Scotia TSE:BNS $123.80
BCE Inc. TSE:BCE $136.50
Inter Pipeline Ltd TSE:IPL $53.80
Enbridge Income Fund Holdings Inc TSE:ENF $35.14
GlaxoSmithKline plc (ADR) NYSE:GSK $100.04
Total $814.17

 

On the portfolio side of things, I got to deploy a lot of capital this month since I get paid several times, got the last portion of my tax return back (we have a somewhat complex US/Canadian return), and my company also reimbursed me for the Munich trip. End result was I had a lot more cash than I have had the last few months, which let me go on a shopping spree! I didn’t move anything out from our bond position, kinda forgot about that, maybe next month. I’m also looking to buy some UVXY PUT’s for 2018, will probably pick up a smallish position in August. Overall a strong month for the portfolio though, the single biggest gain we’ve ever seen, a combination of a lot of purchases and nice movements in the markets in general contributed to us seeing a gain in over $42k invested vs last month. Our forward dividends also increased by about $1400 to $19250.37.

 

Name Symbol Purchase
Fortis Inc TSE:FTS 72
Exchange Income Corporation TSE:EIF 248
Enbridge Income Fund Holdings Inc TSE:ENF 55
Emera Inc TSE:EMA 106
iShares Core High Dividend ETF NYSEARCA:HDV 124
iShares Core MSCI IMI Index ETF TSE:XEF 45

 

Summary

Dividends Collected $814.17
Forward Dividends $19250.37 / year (+$1444.80)
Portfolio Value $581,394.22 (+$42,416.35)

 

Financial Update – July 2016

22 thoughts on “Financial Update – July 2016

  • August 1, 2016 at 1:15 am
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    That’s a lot of money and a fantastic progress towards your retirement goals.

    Good luck with the baby! I’m wishing nothing but the best that he or she comes out healthy 🙂

    Reply
    • August 2, 2016 at 3:44 pm
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      Thanks! Exciting times ahead, it’s a he so the little man will have a little brother.

      Reply
  • August 1, 2016 at 2:23 am
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    Really awesome amount of dividends – nice job. Makes having another baby easier, that’s for sure right? Good luck! I’m sure Mrs SLM will do just fine. I bet you’ll be SLC (Screaming Little Children) afterwards haha!

    Maybe you can catch a chancey at the hospital.

    Tristan

    Reply
    • August 2, 2016 at 3:44 pm
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      Hahah yeah, maybe I should go register the domain lol! I’ll have my phone on me, but we’ll see if MrsSLM doesn’t get annoyed with me wandering around looking for rare pokemon.

      Reply
    • August 2, 2016 at 3:52 pm
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      Thanks for stopping by! I’m glad you found this motivating, hope your month went well too!

      Reply
  • August 2, 2016 at 2:23 pm
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    First, exciting times with the upcoming baby! We just had our second about a month ago. And congrats on $800! That to me is nothing to shy off; great number!

    Reply
    • August 2, 2016 at 3:53 pm
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      Oh congrats to you as well! How are you finding the 2nd one? I figured it’d be a lot easier the 2nd time around since we’ve already got a few tricks up our sleeves at this point.

      Reply
  • August 3, 2016 at 12:29 pm
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    Hey MrSLM,

    Congrats on the the dividend income and all the best for the baby! 🙂
    best regards! 🙂

    Reply
    • August 3, 2016 at 3:00 pm
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      Thank you easydividend! Hope you’re having a great summer too!

      Reply
  • August 3, 2016 at 7:20 pm
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    That’s a very solid amount for the month of July. Nothing to feel sad about at all. Just keep pushing ahead and make those solid buys. Looks like you will have a great total come the end of 2016. Thanks for sharing!

    Reply
    • August 4, 2016 at 7:46 pm
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      Thanks DivHut! Oh definitely not complaining in a serious way 🙂

      Reply
  • August 4, 2016 at 11:11 pm
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    Solid month you had. I watched Batman v Super on my flight to Asia last month. Boy what a crappy movie. I couldn’t figure out if it was supposed to be a continuation of the previous Superman & Batman movies. I guess it’s supposed to be?

    Reply
    • August 5, 2016 at 7:49 pm
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      Ugh yeah, horrible 😛 It is a continuation of the events from Man of Steel, but I *think* it’s a complete reboot of Batman (ie. there’s no shared history with the Dark Knight movies). AFAIK it’s setting up the Justice League movies, and we’re also getting a bunch of origin movies for Wonder Woman, Aquaman, and possibly some new Batman movies.

      Reply
      • August 8, 2016 at 10:12 pm
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        Well at least that’s a good way to not ruin the Dark Knight trilogy.

        Reply
        • August 10, 2016 at 4:36 pm
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          Haha true 🙂

          Reply
  • August 6, 2016 at 7:58 pm
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    Batman V Superman was bad.

    Very inspiring July! Those are some big numbers. 42g in a month is no joke. Congrats on the baby and I look forward to reading August

    Reply
    • August 7, 2016 at 5:37 pm
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      Thanks! It was an unusual month in that a bunch of things happened, won’t happen again lol. Back to more modest contributions going forward.

      Reply
  • August 15, 2016 at 5:10 pm
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    Wow! That is an incredible dividend report. Amazing stuff brother, wishing you the absolute best for you and your family. That is so awesome. Keep it up!

    Reply
    • August 16, 2016 at 12:27 am
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      Thanks! We’ll definitely keep it up. I checked your blog and you look like you’re doing really well yourself, only 26 and well on your way, that’s awesome.

      Reply
  • August 16, 2016 at 11:33 pm
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    Good job in building a massive dividend portfolio with higher quality stocks.

    I am your follow shareholder for most of the companies you own. I think you are very close to your retirement target (I guess).

    Keep it up your good work!!!

    Best Regards,

    Reply
    • August 17, 2016 at 2:18 pm
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      Thanks! Yeah took a peek at your portfolio and we’re definitely carrying a lot of the same companies. You’ve got a few too like TRP and AQN that I really want to start positions in 🙂

      Reply

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