November 2020: portfolio milestone & Unicorns edition
Dividend Income & Portfolio Update
Personal Highlights – November 2020
- My city of Winnipeg is officially in lockdown. Gatherings outside your household are not allowed. Truth be told this hasn’t changed much for us, since we weren’t doing any socializing for the last 9 months or so (besides the occasional grandparent visit)
- I’m not sure why but I’ve gotten on a bit of a fitness kick lately. Starting slowly, but I’ve been running about 5-7 km each day, doing some light weights and eating better. It’s only been a couple of weeks but I’m down 5lbs already! I’ve also drank more water in the last 2 weeks than I think I have in the last 4 months.. I’ve greatly reduced my alcohol intake this month as well – as I am trying to just drink on the weekends now…we will see how long that lasts.
- November was my daughter’s FIFTH birthday. I cannot believe how fast she is growing up…Unfortunately due to Covid 19 we couldn’t do any sort of party, but we had a lot of outside visitors stop by and drop off presents..and as always my sister in law made an absolutely gorgeous cake which she dropped off. Holland said she wanted a rainbow unicorn cake – so VOILA:
- Speaking of Unicorns…I found one too (or should I say two)! As I mentioned last month the Manitoba Liquor Mart held its yearly fine & rare whiskey release lottery. I couldn’t believe my luck when both my mom and brother won a bottle for me! The crazy thing is they won the SAME bottle! For the uninitiated George T Stagg bourbon is insanely rare/hard to find and super sought after. In fact you need to win a lottery just for the chance to buy it. The MSRP was “only” $175, but it resells for in 6-10 times that. That said, I have no intentions on selling these and will definitely be saving them for a special occasion or two.
Financial Highlights for November:
- November marks the second straight month with no new purchases. I have continued to contribute bi weekly into both my TFSA & spousal RRSP. I am okay with holding onto a bit of a cash position right now as things seem insanely overvalued.
- November is a very slow month as far as dividends go. I was paid dividends from 5 companies, and 1 fund this month. I dripped a total of 35 new shares/units.
- On the plus side, my portfolio hit an ALL TIME HIGH this month and cracked $400,000 for the first time!
- Some more positive news: A few of my longer term holdings are finally starting to show their value. All of; Intertape Polymer Group, Transcontinental and Artis Reit are getting closer to their true value. I also hope/expect Western Forest to reinstate the dividend in 2021.
- December should be a relatively small month as well before a big January (when XAW pays its distribution). I am hopeful that my RBC Canadian Equity Fund & RBC US Equity Funds will both pay a year end distribution in December.
Passive Income Update For November 2020.
Artis Reit: $36.50 (dripped 3 shares)
European Residential Reit: $7.78(dripped 1 share)
Plaza Reit: 30.84 (Dripped 8 Shares)
Diversified Royalty: $23.89 (dripped 10 new shares)
Interrent Reit: $4.29
TFSA’s Total: $103.30
Canadian Equity Income Distribution: $360.46(dripped 13 shares)
Total Passive Income November 2020: $463.76
My portfolio increased a whopping 12.05% in November to: $418,576.77! My previous portfolio high was back in January when it was $377,000. It’s nice to see almost everything in the green and some big gains, but I am still expecting some sort of pull back to numbers that make sense. That said, I’ve been expecting that for a while now, but they keep printing money and lowering rates..so who knows what will happen.
Since January 1st, I’ve earned $9967.82 in passive income. Assuming no dividend cuts or increases, my current Forward 12 month dividend income is $12,157.85. My goal for the year was finish 2020 with a forward dividend income of $12,000 – so assuming no more cuts, mission accomplished! I’m still working on a goal that is large but attainable for 2021, I am leaning towards $15,000 in dividend income.