Exploring Online Income Streams

What’s going on guys?

I just wanted to drop in and announce that I will be exploring online income streams to increase my earnings.

Side hustles are important to have more income.

I will use the extra cash from online sites to increase my portfolio contributions.

Portfolio Value Update - June 2017

The month of June have passed and it's time for me to report my dividend investing progress. I'm pleased with my June report even though we experienced many volatile days on the TSX. Despite the ups and downs, mostly down days, my portfolio performed very well. I also received a record dividend income from my stocks.

Residential REIT With Yield Over 4%

Real estate is one of the world’s most popular investments, but buying and managing a rental property is simply not for everyone. Fortunately, there are real estate investment trusts (REITs) that offer the benefits of owning residential properties without the hassles that come with purchasing a property or managing tenants. With this in mind, let’s take a look at the following residential REIT with yield over 4% that you could buy today.

Recent Purchase: Morguard (MRT.UN.TO)

On June 16, 2017 I initiated a new position in Morguard. Morguard is a well diversified Canadian REIT. I purchase 70 units at $14.80 per unit. The REIT pays a monthly distribution of $0.08 per unit, representing $0.96 per unit on an annualized basis, giving it a yield of about 6.4% at today's levels. This purchase will add $5.60 per month or $67.20 per year in dividend income.

Get Yields of 4.9% from These 2 Restaurant Stocks

Did you know that you could earn passive income from some of Canada’s most popular restaurant brands by investing in public entities that own their trademarks? Let’s take a closer look at two that you could buy now.