October Update – Happy Halloween!

Halloween October Passive Income Dividend Update

Monthly Dividend Update

My portfolio lost over $20,000 in the last month!  I know Halloween is supposed to be scary…but come on!  In all seriousness, i’m not worried about it – I’ve been expecting a correction for some time, and I’m hoping things stay low for a while, so that once I get my tax refund and if/when we sell the cabin in the spring I’ll have a nice chunk of capital to deploy!

Personal Highlights for October:

  • Shoulder is doing a little bit better, started physiotherapy and even played my first 2 soccer games of the season!
  • The kids are super excited for Halloween tonight, got their costumes ready and Holland has been practising yelling “TRICK OR TREAT” all week.
  • Had a date night with the wife…went to a Jet’s game and dinner afterwards with a group of friends.  Does that count as a date night? Oh well – it was fun
  • Had a root canal done, which wasn’t nearly as bad as I thought it would be – and even better, it was completely covered by insurance.
  • Went to see the legend Norm Macdonald at Rumours Comedy club. It was great (of course).
  • Picked up and carved 2 pumpkins.  The kids enjoyed scooping the GOO out..that’s about it.  Mommy did the rest.
  • Amber’s work had a family fun day last weekend, so we took Holland on a 100+year old train for a ride out into the country, where there was a haunted house, and some other fun activities. I don’t think the haunted house scared her (she hugged one the ghost….)haunted house Halloween winnipeg blog

 

Financial Highlights for October:

  • Continued bi weekly payments into RRSPs & Spousal RSP.
  • Not a huge dividend month, but did get a nice payout from one of my favourite stocks: Algonquin Power. I was able to DRIP 12 new shares, which brings my new share total to 900 even!
  • Dripped 34 new shares/units.  I was paid from 6 companies and 1 fund
  • Sold my position in Alimentation Couche-Tard (ATD.B)
  • Used proceeds from Couche-Tard sale to pay off all existing debt
  • Used excess cash from sale to increase position in Western Forest (WEF)

Passive Income Update For October 2018.

TFSA’S:

Diversified Royalty: $9.46 (dripped 3 shares)

Artis Reit: $52.47 (dripped 4 shares)

Interrent Reit: $2.32

Plaza Reit: $26.90 (dripped 6 shares)

Algonquin Power: $147.59 (dripped 12 shares)

Chorus Aviation: $11.16 (dripped 1 share)

TFSA’s Total: $249.90

RRSP:

Canadian Equity Income Distribution: $222.62 (dripped 8 shares)

Total Passive Income October 2018:  $472.52

Portfolio Update:

My portfolio suffered it’s biggest ever 1 month drop.  This is partly due to the market pulling back, and partly due to selling about $8,000 worth of Alimentation Couche Tard stock.  The portfolio decreased by $22,807.64 compared to last month. This represents a drop of 7.15%.

My portfolio currently sits at $296,023.16.  This is the lowest my portfolio has been since last October.

On the plus side, dividends grew by $37.35 compared to last October. This represents an 8% increase.

 

Current Watch List:

Andrew Peller: ADW

Exco Technologies: XTC

InterRent Reit: IIP

Transcontinental: TCL

Thanks for reading, and good luck in November!

11 Comments on “October Update – Happy Halloween!

  1. Great update! Glad your shoulder is feeling better.

    I’m doing my net worth update later this week and took a peek at the portfolio and felt like shit after looking at it LOL. I think I’m down at least $30K.

    Your little one is SOOO cute!!! Happy Halloween! Are you guys going to impose the Halloween tax? Our tax for our little one is pretty hefty, about 99%. We ate the chocolate he collected and gave him 3 gold fish crackers.

    Liked by 1 person

  2. oh soooo many drips. nice man. Love that algonquin stack.

    seems like a great month. Glad your shoulder is getting better.

    Sucks about that portfolio drop but like you stated long term its all good. If it stayed around this level or lower til spring that would be great. Wife will be back to work, haha

    keep it up man, great income and nice drips

    Like

  3. Did you see plaza stopped their DRIP for the time being? What do you think of that move? I’ve been debating if I wanted to double my position but might hold off for now

    Like

    • Hey Cody. Thanks for reading and commenting. I won’t know for sure until this month’s distribution- but in the past RBC has still allowed me to drip when companies turn off their DRIP programs. In either case I’m still long plaza.

      Like

      • Ya I’m with TD and I believe they do the same. Waiting for the next dividend payment just to be sure before adding to the position

        Liked by 1 person

  4. Jordan,

    You had me smiling in this post the moment I read that you went to a Norm McDonald show. Man you are so lucky and I would LOVE to see him live. I don’t care what anyone says, I think he is hilarious His performance on the Bob Saget roast…legendary. Him in Celebrity Jeopardy….Epic. His humor is so dry, but he is great!

    On a side note, don’t sweat the market drop. If anything, you are just Dripping at a lower price. Have at it and keep up the great work. Rest and rehab your shoulder too. It’ll get back to tip top shape before you know it.

    Bert

    Like

    • Thanks Bert!
      Norm is definitely a legend. Have been a huge fan of his work since the early days. I assume you’ve seen dirty work? If not – buy it!

      I’m definitely not sweating the dip..i’ve got time on my side…just wish I had more $$$ to put to work 🙂

      Like

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