First snowman!
First snow-man/woman/thing!

 

Spring! Except it’s still snowing ๐Ÿ™

Spring is in the air, although you wouldn’t know it with it snowing outside. Ah well, I’ve heard it won’t stick around long since this weekend should be relatively warm. I’m really looking forward to being able to step outside without 20 layers of clothing on, I’ve almost forgotten what that even feels like.

On the work side of things, I’m still adjusting to my new role as more of a lead and “mentor” to other engineers. I prefer to just work on problems, my own project, whatnot, rather than deal with people. But the reality is an individual contributor can only be so impactful (generally speaking), and teaching other engineers to work at a higher level is multiplying your contribution, rather than simply being additive.

Home life is great, SLM #1 sleeps through the night consistently now and SLM #2 only wakes up occasionally. Some semblance of normal is returning. The half marathon I *would* have run is only in a few weeks, but I bailed on the idea I was going to run that a while ago. Especially after destroying my toe. MrsSLM and I will try to do the October one instead, which gives us the summer to train. Even bought a jogging stroller.

Logan was awesome.

Mass Effect: Andromeda is getting lukewarm reviews. I still bought it, haven’t cracked it open yet though. Will tonight after everyone is asleep.

 

Finances

And the tally this month is: $2,243.92

Very strong month, nothing special happened in the markets, just happened to get collect from a lot of sources this month. Although I didn’t get much of a chance to contribute, we still ended up over $10k over last month in terms of total portfolio value. As some might notice, from this point on I’ll actually be doing the currency conversion for any foreign stock or ETF’s I own. A lot of other bloggers seem to just lump them together and I just blindly followed suit, but I’ve realized that doesn’t make any sense. I’m not going to spend in another currency when I retire, I’ll spend in my own, so it makes sense to track in my own.

Haven’t been taking the options side of things very seriously lately. Work takes up most of my time where I’m willing to learn, leaving little for other things. And to be honest, my time is better spent at the moment doing things like learning more about the projects I’m leading, etc. where the financial payoff in terms of promotion is far greater. So I’m mostly putting this on hold for now.

 

Name Symbol Income
H&R Real Estate Investment Trust TSE:HR.UN $32.20
RioCan Real Estate Investment Trust TSE:REI.UN $39.36
Allied Properties Real Estate Investment TSE:AP.UN $21.68
Smart REIT TSE:SRU.UN $24.08
Chartwell Retirement Residences TSE:CSH.UN $18.73
Canadian Apartment Properties REIT TSE:CAR.UN $19.79
Cominar Real Estate Investment Trust TSE:CUF.UN $18.99
Dream Office Real Estate Investment Trust TSE:D.UN $31.88
Vanguard Canadian Bond ETF TSE:VAB $144.46
iShares S&P/TSX Canadian Dividend Aristocrats ETF TSE:CDZ $81.61
Canadian National Railway Company TSE:CNR $54.75
Brookfield Renewable Partners LP TSE:BEP.UN $163.33
Inter Pipeline Ltd TSE:IPL $55.90
Exchange Income Corporation TSE:EIF $66.50
Enbridge Income Fund Holdings Inc TSE:ENF $62.62
iShares Core High Dividend ETF NYSEARCA:HDV $558.60
Fortis Inc TSE:FTS $116.40
Hydro One TSE:H $99.12
Vanguard Canadian High Dividend ETF TSE:VDY $508.40
TransAlta Renewables Inc TSE:RNW $18.48
iShares S&P TSX Capped REIT Index Fund TSE:XRE $103.94
Total $2,243.92

 

Summary

Dividends Collected $2,243.92
Forward Dividends $25,439.72/ year (+$432.37)
Portfolio Value $767,347.82(+$11,147.91)

 

See the full graph of dividendsย month by month onย my Income page.

Financial Update – March 2017

33 thoughts on “Financial Update – March 2017

  • April 2, 2017 at 6:32 am
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    Congrats on anther fine dividend income month. Generating more than $2k a month is a fantastic way to see your portfolio see awesome year-over-year increases.

    Reply
    • April 9, 2017 at 1:00 am
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      Thanks IH, hope this month has been good to you as well. Cheers!

      Reply
  • April 2, 2017 at 11:08 am
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    Wow !! Hitting more than 2k a month is really amazing. I look forward to that moment I can do that.
    What is the yield % of those 2 ETF’s iShares Core High Dividend ETF & Vanguard Canadian High Dividend ETF?

    Are they still worth to buy, you think?

    Thanks for your answer in advance

    Patrick

    Reply
    • April 9, 2017 at 1:02 am
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      I’m sure in time you will ๐Ÿ™‚

      A quick google reveals:

      NYSEARCA:HDV: 3.39%
      TSE:VDY: 3.24%

      I generally just put my money in when it’s available, so i don’t spend much time thinking if it’s “worth it” so YMMV.

      Reply
  • April 2, 2017 at 11:38 pm
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    Nice point about multiplying your effectiveness SLM, I think thatโ€™s a great way to look at it. As long as youโ€™re telling them the right things ๐Ÿ™‚

    Nice job on a great, but for you ordinary, month of over $2k! Good luck for the next month and the rest of the year.

    Mr DDU.

    Reply
    • April 9, 2017 at 1:05 am
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      True, hopefully I am. My goal is to elevate them, build their skillsets to more closely match those of a more senior engineer. Hopefully as a side effect of their success, I see greater gains as well. Rising tide lifts all boats and whatnot.

      Reply
  • April 3, 2017 at 10:59 pm
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    Incredible total! I am super impressed by the progress you are seeing. That kind of income certainly will help you sleep at night. Congrats on another successful month.

    -Brian

    Reply
    • April 9, 2017 at 1:06 am
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      Certainly does ๐Ÿ™‚

      Reply
  • April 4, 2017 at 1:17 am
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    Nice tally of this month! Congrats on great progress!
    As of snow… winter is a new spring ๐Ÿ˜€ I really, really hope it won’t do it to us anymore!

    Reply
    • April 9, 2017 at 1:07 am
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      Thanks Nadya! Pretty sure that snowfall was the last, heard the weather should be a bit warmer this weekend. I put away my winter boots and jacket, digging them out again would be depressing.

      Reply
    • April 9, 2017 at 1:07 am
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      Indeed it is ๐Ÿ™‚

      Reply
    • April 9, 2017 at 1:11 am
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      Drat, you have me beat! $2680, very good, better than my best month so far ๐Ÿ™‚

      Reply
  • April 6, 2017 at 5:50 pm
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    Have to say, don’t envy you for having snow in March/April still. ๐Ÿ™‚

    Solid dividend income as always. I wonder when we’ll get to your level, hopefully soon.

    Reply
    • April 9, 2017 at 1:15 am
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      Hah, snow is welcome in December I’m just tired of it by April. I remember living in Vancouver and being pretty sick of the rain and lack of sunshine through winter, same thing I suppose.

      When will you reach this level? Aren’t you an engineer, that should be a couple minutes worth of python to answer that ๐Ÿ™‚

      Reply
  • April 8, 2017 at 4:11 am
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    Great income and nice overall portfolio value. Are you still reinvesting the dividends or are you already withdrawing them for a living?

    Reply
    • April 9, 2017 at 1:15 am
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      Re-investing it, not ready to pull the trigger on work just yet.

      Reply
  • April 8, 2017 at 5:29 pm
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    Over $2k in income this month….AMAZING! I’m impressed with how diversified you income stream is. You aren’t receiving one dividend from a fund, but rather a nice menu of companies!

    Congrats!

    Bert

    Reply
    • April 9, 2017 at 1:18 am
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      Thanks Bert ๐Ÿ™‚ Looks like you had a great month yourself, with a 123.5% (or 54% depending on what you choose) increase YoY.

      Reply
  • April 13, 2017 at 7:05 am
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    +$2000 this month is very, very nice! Well done you guys. You did pretty much DRIP all of it I would assume?

    Reply
    • April 16, 2017 at 5:06 pm
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      I don’t have anything setup to auto-DRIP, if that’s what you’re referring to although I do reinvest all of it.

      Reply
  • April 13, 2017 at 11:20 am
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    Wow! Amazing! You’re not too far from 7-digits stock portfolio. I’m looking forward to breaking the 5-digits in passive income this year.

    Are you concerning at all that China is moving 150,000 troop to the Korea border after Xi meeting with Trump?

    Reply
    • April 16, 2017 at 5:11 pm
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      With any luck yeah, 7 digits would be an insane milestone to reach. I’m rooting for you to hit 5 digit income ๐Ÿ™‚

      Not sure what to think about that. Financially, I’m sticking to just buying and holding, no plans to change. But as a person, don’t want to see war, even if its on the other side of the planet.

      Reply
  • April 13, 2017 at 4:11 pm
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    What a solid total for the month of March. Congrats. As always, seeing a lot of REITs in the mix paying you. Sometimes I think I’m too light in the REIT dept. after seeing other portfolios online. Thanks for sharing.

    Reply
    • April 16, 2017 at 5:13 pm
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      There’s a lot of REIT’s yeah but the actual value as a percentage of our portfolio isn’t that high, maybe 10%? I bought a lot of the top holdings of Canadian REIT etf’s since the MER is relatively high (0.6%), plan to do the same with MrsSLM’s account at some point.

      Reply
  • April 18, 2017 at 2:22 am
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    You rocking and rolling with that dividend. you drip or invest it yourself? keep it up?

    Reply
    • April 18, 2017 at 2:23 am
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      correcting the website left out// so it didnt work.

      Reply
    • April 20, 2017 at 1:29 am
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      I reinvest it all, don’t have any automatic DRIP setup though.

      Reply
  • April 19, 2017 at 12:45 am
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    Hi,

    I am fellow Montrealer and a keen follower of your great blog in recent times.
    I am a newbie to DGI and trying to restructure my portfolio slowly by looking at some of you inspirational beings.
    Do you mind updating your portfolio with the latest values and holdings? It seems like it has been almost a year since you updated that section.

    I hope to come back often to see your great progress! All the best in your journey to FI.

    Cheers!!

    Reply
    • April 20, 2017 at 1:30 am
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      Hey there fellow Montrealer! You got a blog?

      Wow didn’t realize how out of date it was, spent some time this evening updating it. You’ll find latest values on the portfolio page.

      Cheers

      Reply
      • April 22, 2017 at 3:40 am
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        Thanks for updating the portfolio. That’s a tremendous increase in the portfolio value since last year.
        I do not have a blog yet. But I am inspired to start one ๐Ÿ™‚

        Cheers!

        Reply
        • April 23, 2017 at 5:53 pm
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          Let me know when you do! I’ll be sure to make it part of my regular rotation of blogs to visit, love it when people are local.

          Yeah big increase, but not strictly from contributions and growth. Quite a bit from just “accounting”, ie. money that was in another account that I simply transferred to our tracked investments.

          Reply

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