November 2020: portfolio milestone & Unicorns edition

Canadian Dividend Stocks

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:
    Rainbow Unicorn CakeUnicorn Cake
  • 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.BTAC G


    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.

TFSA’S:

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

RRSP:

Canadian Equity Income Distribution: $360.46(dripped 13 shares)

Total Passive Income November 2020:  $463.76

Portfolio Update:

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.

Cheers.

October Update: Halloween, Bourbon & Drippin’ STOCKS Like a Mofo

JoJo Siwa Witch

Dividend Income & Portfolio Update

Personal Highlights – October 2020

  • Winnipeg is officially in Code Red when it comes to Covid – though not much has changed for us as we’ve pretty much been in isolation for months.  We are both working from home, and aside from groceries, school and daycare, we aren’t really going anywhere.
  • Everyone in our house had a bit of a cold, so we had to get Covid tested before we could send our daughter back to school.  Happy to say the tests all came back negative. The test itself, while not fun, actually wasn’t as bad as I was expecting (based on what other people who had gotten it had said).
  • Halloween was cold, windy and basically a no go in our city.  We spent the night with the kids – took them to see a couple of grandmas and got some treats.  My daughter really wanted to be Jojo Siwa and my son wanted to be a witch.  I wish I could go back to the days before I knew who Jojo siwa was…lol
    halloween
  • Weekends have consisted of waking up early and making the kids breakfast and letting the wife sleep in…that way I don’t feel as guilty when I relax on the couch and watch some premier league soccer on Saturday/Sundays! 
  • Manitoba Liquor Mart held a lottery/draw for some fine & rare whiskeys.  I am holding out hope to snag a bottle or two 🙂 
  • My daughter has become a lot more comfortable going to school (tho still super shy), so it has made the morning routine/drop off a lot easier.
  • Tonight is election night in the USA…a few friends are planning on live streaming the results via a video chat and having some drinks.  I have a pretty strong feeling the election wont be decided for some time yet and I think things are going to get pretty UGLY down south.
  • I took the day off today and went out to the cabin to officially close it down for the year and bring back a few things for the winter.  I brought back a few board games which I usually leave out there over the winter but I have a feeling this is going to be a LOOOONG winter – so some Settlers ofCatan might help.
  • Finished off my bottle of High West American Prairie Bourbon & wrote up a review
    High West Distillery

    Financial Highlights for OCTOBER:

  • I didn’t make any stock purchases in October, however I continued adding to my TFSA (and spousal RRSP).  I expect the market to dip again after the election/during the transition period, so if/when it does I’ll use that cash to add to some of my current positions.  Currently thinking of adding to: Telus, Manulife, Interrent Reit.
  • I was paid dividends from 11 companies, and 1 funds this month.  I dripped a total of 70 new shares/units. 
  • Cracked $1000 in dividend income for the fifth time in 2020.  In all of 2019 I only did this twice!
  • November and December should be a bit slower on the dividend front, but January should be another big month as XAW will pay it’s semi annual distribution.

Passive Income Update For October 2020.

TFSA’S:

Telus: 52.43 (dripped 2 new shares)

Artis Reit: $36.32 (dripped 4 shares)

European Residential Reit: $7.74(dripped 1 share)

Plaza Reit: 30.66 (Dripped 8 Shares)

Diversified Royalty: $23.67 (dripped 13 new shares)

Algonquin Power: $197.26 (dripped 10 shares)

Interrent Reit: $4.29

Power Corp of Canada: 102.48 (dripped 4 shares)

 

TFSA’s Total: $454.85

RRSP:

Canadian Equity Income Distribution: $359.04(dripped 13.869 shares)

Transcontinental: $199.35 (dripped 12 new shares)

NewFlyer: $58.65 (dripped 3 new shares)

GoEasy Financial: 123.75

Total Passive Income October 2020:  $1195.64

Portfolio Update:

My portfolio increased slightly by 0.81% in October to: $373,570.96  I know I say this every month, but I expect continued volatility as well as a bit of a crash around the election.  That said, my plan hasn’t changed and I plan on holding if/when this does happen. I was actually shocked to see the market up today on election day.  

Passive income in October was $1195.64 This was a huge increase from last year 41% YoY growth!

Since January 1st, I’ve earned $9504.06 in passive income.  Assuming no dividend cuts or increases, my current Forward 12 month dividend income is $12,080.83.  My goal for the year was finish 2020 with a forward dividend income of $12,000 – so assuming no more cuts, mission accomplished!  It’s almost time to start making goals for next year, but a lot will depend on the Covid situation, work situation, and market situation after the election so I will hold off for now.

Cheers.

High West American Prairie Bourbon Review

High West Distillery

This is a bottle I’ve had open for over a year, and with the new rare whiskey’s being release at the Manitoba Liquor Mart in a couple of weeks, I figured now is a great time to finish off some bottles and make room for some new ones.

You cannot get High West products here in Manitoba, but I was lucky enough to have a friend bring this bottle back for my from the good ol’ USA.  The bottle itself is pretty nice, with a huge honkin’ cork and some nice speckled glass.  This bourbon is made in Utah which is pretty unusual, and the High West Guys have gotten quite a reputation for making good whiskey which is why I wanted to try this one.  Another cool thing about this bottle is that 10% of the profits go to the American Prairie Reserve.

High West American Prairie Bourbon

High West Distillery

Date Reviewed: October 27, 2020

Atmosphere: Sipping in one of my Baba’s pinwheel crystal glasses, on on a Tuesday night during the pandemic.

Distillery: High West Distillery 

Mash: 75% Corn, 20% Rye, 5% Barley

Age: 2 years and some older blended in

Type: Bourbon

ABV%: 45%

Price I Paid: It’s been so long, I don’t remember, but I want to say around $50 Canadian

Appearance:  Light amber, watered down honey

Nose:  I’m not sure if its because i’m drinking this out of a rocks glass instead of a typical Glencairn but there isn’t much of an alcohol/ethanol scent to it at all. Smells sweet, yet faint, nothing too dominant. The high corn/sweetness definitely comes through on the nose though.

Palate:  Still a lot of lingering sweet notes- but surprisingly woody considering it’s not aged very long.  A fairly simple tasting bourbon, but goes down sweet.  A few hints of chocolate and caramel not spicy at all.  Easy sipper.

Finish:  The finish is pretty short, but not in a terrible way.  No burn whatsoever, with a bit of a waxy mouthfeel. The bourbon leaves an oaky/woody aftertaste.

Conclusions:  If this was readily available here in Manitoba, I’d probably buy a bottle here and there, though I wouldn’t be lining up to get one.  It’s a reasonably priced, easy sipping, straight forward bourbon.  From what I’ve read, this would be considered one of High West’s lower level bourbons and I would definitely want to try the rest.  This seems like it would be a good mid level sipper, and introductory bourbon for people just getting into the sweet stuff.

Overall Score:  77/100 

Cheers.

September 2020: Dividends, kindergarten & more

Dividend Income & Portfolio Update

Personal Highlights – September 2020

  • September brought a few milestones, both financially and personally.  I officially have a daughter in kindergarten and a son in preschool!
    Holland Kindergarten WinnipegScreen Shot 2020-10-03 at 2.04.11 PM
  • English Premier League soccer started up, so I’ve been waking up around 630 AM on Saturday and Sunday to watch some games.  Arsenal (my team) is off to a decent start, and I’m doing pretty good in my fantasy pool as well so far!
  • I had my 37th birthday in August, and in September my wife celebrated her 39th!  We spent her birthday out at the cabin, and went to a new (to us) Thai restaurant in Gimli which was real good.  The waitress even gave my wife a free refill of red wine (and she didn’t even know it was her bday)!
  • My brother bought 160 acres of land a few years back which he and his lady have been slowly turning into a farm.  I have been out a few times, but in September I took the kids and the wife out for their first visit.  Although most of the garden(s) had already been harvested, we had a great time exploring and the kids loved playing on the bus. (They converted an old school bus into a temporary living space until they build a house on the land.  It has solar power, a fireplace, a fridge, etc). It’s pretty cool.
    A few pictures from our time at ELM ROCK FARM.
    Elm Rock Farm
    The Bus
  • Not much new on the cocktail/bourbon front. Typically there would have been a bourbon lottery by now, but due to the pandemic all special releases/events have been put on hold.  On the plus side, that means I haven’t spent nearly as much on whiskey lately.

    Financial Highlights for September 2020:

  • In July & August I had made my first few stock purchases since early March.  This included initiating positions in Manulife, Telus and European Residential Reit.  I received my first dividend payment from Manulife & European Residential Reit in September, and I will be getting my first payment from Telus on October 1st.  I’m not sure why, but I always especially enjoy that first dividend payment when you start a position in a new company.  At current prices, I will be dripping 2 shares of Telus & Manulife each quarter, and 1 share of European Residential Reit each month.
  • Added to my position in Artis Reit.  I picked up an additional 165 shares, which brings my total share count to 807.  At the current price I will now drip 4 shares a month. 
  • Continued Bi-Weekly contributions into TFSA & Spousal RRSP.
  • I was paid dividends from 8 companies, and 1 funds this month.  I dripped a total of 40 new shares/units.

Passive Income Update For September 2020.

TFSA’S:

Artis Reit: $28.76 (dripped 3 shares)

European Residential Reit: $7.83(dripped 1 share)

Diversified Royalty: $23.45 (dripped 13 new shares)

Canadian Western Bank: $0.29

Interrent Reit: $4.29

Intertape Polymer Group: $53.41

Manulife: $40.88 (dripped 2 shares)

Plaza Reit: $30.47 (dripped 8 shares)

TFSA’s Total: $160.62

RRSP:

Canadian Equity Income Distribution: $357.66(dripped 13.477 shares)

Total Passive Income September 2020:  $518.28

Portfolio Update:

My portfolio decreased by 1.03% in September to: $370,575.67  I know I say this every month, but I expect continued volatility as well as a bit of a crash around the election.  That said, my plan hasn’t changed and I plan on holding if/when this does happen.

The only new purchase this month was adding to my position in Artis Reit, as well as my bi-weekly contribution into my US Equity Index Fund in my spousal RRSP.  My plan is to continue adding cash to my TFSA bi-weekly and eventually add to my position in European Residential Reit.

Passive income in September was $518.28 This was actually lower than last September due to some dividend cuts, as well as some companies changing which months they pay their dividends.  

Since January 1st, I’ve earned $8308.28 in passive income.  Assuming no dividend cuts or increases, my current Forward 12 month dividend income is $12,022.27.  My goal for the year was finish 2020 with a forward dividend income of $12,000 – so assuming no more cuts, mission accomplished!  

Cheers.