May 2018 Passive Income Update.

Dividend Growth Blog Personal Finance Investing Winnipeg Jordan Maas

Personal Highlights for May:

  • The Winnipeg Jets had a great run, but unfortunately it came to an end a little early.  The only positive I can take from them not making the final, is it will probably end up saving me about $2000 in tickets/beer.
  • I sprained by back about 2 weeks ago, and have basically been hobbling around for half the month.  I went to the doctor yesterday, and am currently on 3 different prescriptions…and will get an xray next week if it’s not better…fun times.
  • Got a speeding ticket – which cost me $220. It was after a massage, on the way to pick up the kids from daycare – on a route I NEVER take, but used my GPS to figure out the best way to get there – and of course, there was a school zone which I must have missed (as I was rushing to get the kids).
  • The last couple of weeks have been pretty rough at home.  Aside from me throwing out my back, Amber & Holland have been sick and Isaac has a crazy diaper rash…not fun to say the least. Finally after 2 weeks, things seem to be getting better on all fronts (except my back).
  • Got a quote and hired a guy to replace the eaves-troughs  at the cabin ($700)
  • Started a new feature on the blog – called “Better know a blogger” where I interview some of my favorite financial bloggers. You can view all of the interviews on my blogroll page.
  • Had the highest ever traffic to the blog this month.  A lot of traffic came from myownadvisor.ca who featured a link to my bar 🙂
  • Had my first decent yard sale find of the season ($5.00) see below:Frugal Investing Blog yard sale winnipeg

Financial Highlights for May:

  • Amber got her first 2 pay cheques since going back to work 🙂
  • Continued bi weekly payments into RRSPs & Spousal RSP.
  • Received 3 dividend increases (Algonquin Power, Power Corp & Western Forest)
  • Pretty slow month as far as dividends/distributions go, but expecting a big boost next month when XAW pays it’s semi annual distribution.
  • Even with no new stock purchases, dripped 19 new shares/units.  I was paid from 5 companies and 1 fund in May.
  • With the added DRIP’s my forward annual income cracked $6,000.00

Passive Income Update For May 2018.

TFSA’S:

Diversified Royalty: $9.21 (dripped 2 shares)

Artis Reit: $50.94 (dripped 3 shares)

Interrent Reit: $2.32

Plaza Reit: $26.20 (dripped 6 shares)

Chorus Aviation: $10.96 (dripped 1 share)

TFSA’s Total: $99.63

RRSP:

Canadian Equity Income Distribution: $218.89 (dripped 7.4 shares)

Total Passive Income May 2018:  $318.52

 

Portfolio Update:
My portfolio hit an all time high this month, as it currently sits at $308,820.03! My portfolio increased by 1.54% month over month. Dividends grew by a whopping $1.61 vs last May(0.5%).

Current Watch List:

Andrew Peller: ADW

Nexus Reit NXR.UN

InterRent Reit: IIP

Northview Apartment Reit: NVU

Caledonia Mining: CAL

Added a new name to my watchlist this month (Nexus Reit).  I previously owned Edgefront Reit which was merged to create Nexus.  I am still very interested in adding to my position in IIP as well.

Make sure to check back this week as I will be adding more interviews with some of my favourite financial bloggers.

Thanks for reading, and good luck in June!

7 Comments on “May 2018 Passive Income Update.

  1. nice man. grats on all those drips and hitting 6k forward dividends. Thats huge!

    cheers

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  2. Man did you have a busy month of May Money Maaster. That speeding ticket is a bummer and at least the damage wasn’t too bad. Hopefully your back gets better soon. Back pain is the worst, so I’m sorry you are dealing with that right now.

    On an investment front, congrats on crossing over $6,000 in forward dividend income! That’s such an impressive milestone. You’ll get to $7,000 before you know it. Just keep hustling and keep plowing along.

    Bert

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  3. Thanks everyone!
    Aside from being drugged up on pain meds the last few days – things are getting better slowly. Hoping the back will be 100% next week.
    While hitting the 6k mark is nice – I don’t really care TOO much- half my portfolio is still in a fund that doesn’t pay a dividend at all, so once I get closer to retirement/start to focus more on income vs growth, and swap that fund over to a dividend paying fund I should get a very nice boost to the total monthly amount paid

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  4. Love the update, Jordan. The dividend numbers… and all of life’s happenings. Sounds very busy!
    Congrats on reaching new heights for traffic on the blog.

    Like

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