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It’s Canada, so Christmas Moose?

November in a Nutshell

Lots of stuff happened, none of which I can remember well. Trying to write this update quickly while the little men are all napping.

Our American friends voted in Trump. That’s unfortunate.

I think the stand-out detail was I grudgingly went back to work after 3 glorious months of paternity leave. A lot of my coworkers were eager to ask if I was happy to be back, if I was bored while I was out. The political answer in the office, is of course I’m happy to be back. Working on pointless widget is where I want to be, it’s my calling in life, I can’t imagine how anybody could be content spending time with their family, working out, and pursuing hobbies.

Took a while to finally get to this update for a couple reasons. First of which was now that I’m back to work, I really just didn’t feel like it ๐Ÿ˜› Also at some point I tried to update WordPress to 4.7 and completely blew up the website, so although the main site was still cached and continued to function the admin dashboard was completely toast. Luckily I had enabled periodic backups when I set it up, so fixing this was as easy as going into the control panel and pressing a couple buttons. Took me almost 2 weeks to get around to that though, for the reasons stated above.

Lastly, MrsSLM and I have been trying to kick start a new source of additional income. I hate talking about something that’s early days and mostly just speculative so I’ll leave it there for now. If some money starts rolling in I’ll be happy to share the details, what was involved in getting started up, that kind thing. I tend to pivot on an idea 100x before arriving at my destination, a bit like heading out to buy milk and coming back 2 years later with a ziplock baggie of magic beans.

In other useless news, I binge watched all of Luke Cage, Jessica Jones, and I’m now making my way through Daredevil on Netflix. Wow these are great shows.

Also it’s winter here now, so expect a LOT of bitching about the cold soon.

 

Finances

Great month overall, solid returns, not too shabby. Got outshone by the previous Q’s update since TD’s dividend got collected back in October.

This months total came out to: $1,511.92, nice.

A few purchases to round on the month as well, some BCE as you’ll note above. Mostly just reinvested dividends. As I mentioned in the previous update, we’d get a surge ahead this month in porfolio/forward income with the transfer of MrsSLM’s stray RRSP account under our direct investing account. All of that went into TSE:VXC to beef up our international exposure and diversify away from Canada a bit. Not a whole lot else to report here unfortunately, since I wasn’t working I didn’t have loads of spare capital to deploy into the markets. Some options trades which I can’t recall the details on, if I get motivation I’ll edit this section with details. Otherwise, please imagine I did something involving covered calls.

 

Name Symbol Purchase
Vanguard FTSE All-World Ex Canada Index ETF TSE:VXC 1361
BCE Inc. TSE:BCE 68

 

Great month in dividend land, did quite well here. Big news is the jump in forward dividends due to our RRSP transfer, this is NOT new money, just money that previously wasn’t tracked as part of this portfolio.

 

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 $24.08
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 $10.90
Vanguard Canadian Bond ETF TSE:VAB $119.88
iShares S&P/TSX Canadian Dividend Aristocrats ETF TSE:CDZ $80.81
National Bank of Canada TSE:NA $126.50
Inter Pipeline Ltd TSE:IPL $53.30
Emera Inc TSE:EMA $153.09
Exchange Income Corporation TSE:EIF $63.65
Enbridge Income Fund Holdings Inc TSE:ENF $56.91
Bank of Montreal TSE:BMO $186.62
Royal Bank of Canada TSE:RY $310.75
Vanguard Canadian High Dividend ETF TSE:VDY $175.79
TransAlta Renewables Inc TSE:RNW $18.48
Total $1,511.92

 

 

Summary

Dividends Collected $1,511.92
Forward Dividends $21,825.96 / year (+$796.08)
Portfolio Value $661,475.11 (+$50,622.84)

 

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

Financial Update – November 2016

16 thoughts on “Financial Update – November 2016

  • December 12, 2016 at 10:11 pm
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    Oh well, that sucks having to go back to work. I bet it really makes you want FI! Feel free to visit Australia for some warmth..

    Congrats on the big month of dividends!

    Tristan

    Reply
    • December 18, 2016 at 1:38 am
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      Very much so yes. I may take you up on that offer one day, but a 24 hr flight with 2 kids is a non-starter right now ๐Ÿ™‚

      Reply
    • December 18, 2016 at 1:39 am
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      Sounds like the majority of you didn’t ๐Ÿ˜›

      Reply
  • December 13, 2016 at 8:52 am
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    Hi,

    Awesome dividend income as ususal, but this time my income was higher ๐Ÿ˜‰
    Think you should really think about trading options with such a wonderful and huge portfolio value!

    keep it up!

    Best regards
    Chri

    Reply
    • December 18, 2016 at 1:41 am
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      I should and I do, but I keep my options to a small portion of my account at the moment. I should learn to do it better though and use my full portfolio, eternally on my TODO list. Trying to beat your income might just be the kick in the pants I need to actually start ๐Ÿ™‚ Congrats on your great month as well btw.

      Reply
  • December 13, 2016 at 9:06 am
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    Hey:
    another question:

    Is there a contact formular or something like that?! i would like to text you some private things, if its okey for you.?

    best regards from Austria,
    Chri

    Reply
    • December 18, 2016 at 1:42 am
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      Yeah I probably should make it easier to contact me, has never come up until now. I’ll add a contact page and get back to you.

      Reply
  • December 13, 2016 at 8:21 pm
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    Solid month. Interesting that you added more BCE. Finding it harder and harder to find attractive dividend payers nowadays.

    Reply
    • December 18, 2016 at 1:45 am
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      The BCE purchase was small and just rounding out some positions that are lacking. The overwhelming majority of this month’s purchases were TSE:VXC, and since purchasing immediately is generally considered to yield superior returns, I just lump-summed it all ๐Ÿ™‚

      Reply
  • December 13, 2016 at 9:10 pm
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    After 3 months leave, it sure must have been hard to start working again… But hey those dividends are pretty solid!

    Hoping that the extra project will be providing you with some additional income over time as well ๐Ÿ™‚

    Reply
    • December 18, 2016 at 1:46 am
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      Yeah, that first day dragged on forever. Actually most days in that first week were like that. Takes a while to get used to sitting there for 8 hours again.

      Reply
  • December 16, 2016 at 12:48 pm
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    I know the feeling, after 10 weeks of parental leave mixed with travel, I had to go back to work. That pretty much was the point that FI really started to make sense.
    Impressive income as per usual, you are well on your way to FI.
    Good luck mate!

    Reply
    • December 18, 2016 at 1:48 am
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      Lucky man, 10 weeks with travel is fantastic! Where did you go?

      Reply
  • December 22, 2016 at 12:34 pm
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    awesome month! That is a seriously huge dividend amount. I am with you on the work thing. Going to work and doing something that you are totally disinterested in blows big time. The only motivation there is every morning you wake up you are one day closer to being able to retire. Hang in there and keep on moving forward.

    -Brian

    Reply
    • January 8, 2017 at 7:01 pm
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      I think a lot of that was written freshly off of coming back to work after 3 months of running around and enjoying myself lol. I’m usually able to find something I find technically challenging or meaningful given enough time, so I’m not in that big a hurry.

      Reply

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