Portfolio Value Update - November 2017

Welcome back, my friends! I can’t believe how fast November passed by. It seems like I wrote my October update just yesterday. Anyway, I’m happy to report that I finally reached my goal of $50K portfolio. It wouldn’t be possible without my new contribution, dividend reinvestment and stocks appreciation. Without further ado, let’s get straight to the numbers.

Portfolio Value
As of November 30, 2017 my investment portfolio balance stood at $50,620.37. That’s an increase of $1,215.34 from last month. A year ago, at the end of November, my portfolio value was $37,745.91. You will find my last year’s update here.

Dividends
Dividend income is a passive income for which I don’t have to work for. I simply invest in different corporations and collect dividends for owning the stock. In November, I received a total of $222.71 in dividends vs $192.04 for the same period a year ago. That's an increase of $30.67 or 16% on year-over-year basis. My cumulative dividend income for this year is $2,361.63.

Contributions
In November, I added $800 of fresh capital to my TFSA account. The maximum amount that I can contribute in 2017 is $5,500. Since I have contribution room from prior years, I will continue to add $800 per month until I reach my maximum contribution.

My Investment Account (TFSA)
My portfolio consists of 30 Canadian dividend paying stocks. Most of my stocks pay dividends on monthly basis. This allows me to collect dividends and reinvest them into dividend paying stocks more rapidly.

Transactions
On November 17, 2017 I doubled my position in Medical Facilities (DR.TO) by purchasing another set of 80 shares. Please refer to my previous posting to read more about this purchase.

November Online Income
Here’s the breakdown of my online income during the month.

Neobux: $17.15
LegerWeb: $3.50
Adsense: $8.64

Total income from online sources: $29.29

My online earnings came out slightly higher compared to previous month. I have dedicated a separate page for my online income. You can read more about it here.

12 comments:

  1. Congrats on breaking the 50,000 barrier! Next stop 100k!

    Your online income section has intrigued me - so I'll be reading that post next:)

    Hope you have an even better December and a great new year! All the best
    -Jordan
    www.moneymaaster.com

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    1. Thanks! It will take some time to reach to 100K, but thanks for the encouragement!

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  2. Congrats man and veey nice online income. Keep it up

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    1. $30 from online sources is not bad. It's free money. I will aim for $50 for the next time.

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  3. Yay congratulations on crossing the 50k mark. Also I love seeing your dividend total increasing month after month, November was another month of solid growth. Can't wait to see how you do in December.

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    1. Thanks! Crossing the 50K is a great feeling. I remember the days how I started from scratch with only a thousand dollars. December will totally crush all my previous earnings. I will be getting the special dividend from FN.TO along with the regular monthly dividends. I think it will be around $350.

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  4. Hi German, Nice website. I saw your comment over at All About the Dividends and thought I would stop by. I wish I could invest in more Canadian companies, but the US levies an extra 15% tax on the dividends I would collect. Because of that I do not hold many. Enbridge is one I do hold. Tom

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    1. Tom, I'm glad you stopped by. You have so many companies to invest in US :) I wouldn't even bother looking at Canadian corporations. We're just a fraction of the economy. We're also taxed 15% tax at source if we hold US stocks. So I just stick to Canadian companies. Take care and hope to see you around soon.

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  5. Congrats mate! Very nice increase in dividends and portfolio.

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    1. Thank you DG! Next month should be even more excited.

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  6. $50k.....YES! Congrats DIS! Amazing month and I cannot wait to see how fast you can reach $100k. Keep it up. These results are inspiring.

    Bert

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    1. Hi Bert! Thank you! How fast I reach the $100K will depend on TFSA contribution limit. The government have not raised the limit for 2018. I expect them to raise it in 2019 to at least $6000/year. In combination with my dividends, my portfolio should grow by 9K-10K per year.

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