November 2022 Passive Earnings – Mouth-watering 12 months Over 12 months Progress — Passive Canadian Earnings

• 3 sources of passive Earnings
• $469.91 from dividends
• 1 inventory dripped in November
• Trailing 12 Month Portfolio Return 10.30%

Seinfeld – Helllllooo!

The market is beginning to rip once more…. and I’m not a fan. Being in accumulation stage I would like costs to be as little as they are often. I don’t assume the market ought to be getting all excited as inflation remains to be north of seven% and rates of interest will nonetheless be rising. Powell kinda talked about charges might not go as excessive as he initially thought and bam right here we’re.

Charges are nonetheless wayyyy greater than they had been in the beginning of 2022 and can in all probability go up a few times extra earlier than they freeze or begin decreasing them for my part. I learn an ideal article on mortgage charges the opposite day, however right here’s one line that stood out to me.

From one other historic perspective, when charges elevated within the Nineteen Eighties from a base level of 10% to twenty%, this represented a 2x price enhance. Nevertheless, a price enhance in 2022 from a base level 0.25% to 4.25% represents a 16x price enhance, which could have a a lot larger shock to the financial system.

I believe we’ll see even higher costs in 2023, however we proceed to greenback price common into our portfolio. I’m not cashing out our portfolio, though I’m actually tempted on this rally to be trustworthy. I’ve been incorrect up to now although, so I’ll simply stick to the plan.

Life

A quiet month total. Typical finish of the 12 months yard work. Cleaned all of the leaves, put the batteries inside from mower, trailer and put all of the out of doors stuff within the shed.

Sadly the time had got here that we needed to put out canine down. 16 years previous and 15 years of reminiscences with us (we obtained her from humane society) . That’s a heck of a very long time however her hips had been beginning to give on her. We debated placing her down final month after happening our final tenting journey however her hips didn’t appear to be bothering her a lot after. Issues deteriorated fairly shortly this month although. 16 years previous is a heck of a run although for a husky, we had been blessed to have her for therefore lengthy. Rip Sage

Alright, Let’s Get To Our November 2022 Passive Earnings

Raises

We had 4 Elevate’s this month.

• Suncor raised their dividend for the 2nd time this 12 months. This increase was one other 11% including $82.20 to our ahead revenue.
• Couchetard got here via as soon as once more with a monster increase. This one was 27.3% and provides $20.40 to these future dividends.
• Enbridge busted out a 3.2% dividend increase. Since its one in every of our largest holdings this added $33.22 to our revenue.
• Nationwide Financial institution raised 5.4% however since we solely maintain the 1 drip at present this added solely 20 cents. haha

An excellent month for dividend raises and in whole we’ll usher in $136.02 extra revenue revenue subsequent 12 months with out doing something totally different. Stunning! We bought off a bunch of corporations this 12 months to repay our heloc. Whereas some have labored out good, some haven’t. However the good factor is our whole dividend portfolio has introduced raises in 2022. We removed all non dividend raisers and it feels good! (apart from Disney)

Whole Added Earnings from Dividend Raises in 2022 – $537.09

Since our portfolio at present brings in $8,182 yearly these raises alone added simply over 7% to our revenue throughout 2022. That is the facility of dividend development investing.

November 2022 Dividend Earnings

6 Corporations paid us this month.

1 inventory Dripped in November.

Sadly only one dividend dripped this month and even worse I bought the place after the ex dividend date. (I believed banks could be in for some arduous instances the subsequent 6-12 months and thus far they’ve executed effectively. Though we will see the revenue down on some as they set extra money apart for dangerous loans)

Normal mills has been on a tear this 12 months and now we now not usher in sufficient to drip them. However I don’t thoughts an excessive amount of as I would like as a lot usd within the account as we will get. This month is generally us shares and that cash can be gas for the subsequent us inventory buy. 310 bucks usd is good, since I hate changing our cdn {dollars} for the time being!

In case your take a look at our Earlier Dividend Earnings Stories.

Our Drips (Dividend Reinvestment Program) added a monster $3.88 in future dividends.

Different Earnings

Non-public Funding Fee – $1000.00

1k a month, Straight to the heloc.

Photo voltaic Panel Earnings

In October (We all the time receives a commission a month later) our photo voltaic panel system generated 444 kWh. Since we usher in a hard and fast price of 28.8 cents per kilowatt hour, Hydro One deposited $122.73 into our chequing account this month.

Final October the system generated $99.42 so we’re fairly a bit greater this month. The climate has been all over this fall.

Whole Earnings for 2022 – $2,225.11

System Put in January 2018

Whole System Price ——–$32,396.46

Whole Earnings Obtained ——–$12,110.33

_____________________________________________

Quantity to Break even —- $ -20,286.13

Whole November 2022 Passive Earnings – $1,592.64

November 2021 Passive Earnings – $924

Okay this has obtained to be our highest development price ever, and lets be trustworthy in all probability wont see this for a very long time. This month our development price in whole passive revenue is a monster 72.36% development price 12 months over 12 months. Completely large and good to see in these decrease paying months.

Totals For 2022

Dividends 12 months To Date Whole – $9,652.41
Different Passive Earnings 12 months to this point – $12,429.27
Whole Passive Earnings for 2022 —– $22,081.68
12 months Finish Aim – $25,000

Getting near the purpose, however doubtless can be just a little quick. All good, whenever you set the bar so excessive.

November Inventory Purchases

We made simply 1 buy this month because the market for my part shot up for no cause in any respect. Inflation remains to be over 7% and charges are nonetheless rising.

We purchased 8 extra shares of Microsoft earlier than the run up. I’ve all the time needed to get this place into our prime 10 and this month it broke into the record within the quantity 8 spot.

8 shares bought at $224.02 per share. This provides $21.76 to our ahead revenue. I plan on persevering with to develop this place sooner or later beneath 240.

Bitcoin

Effectively as a few of it’s possible you’ll effectively know, I’ve been anti crypto for years now. My thoughts has been modified a bit. I attend a month-to-month mastermind meetup with 6 guys. 2 crypto bulls, 2 inventory guys and a couple of actual property guys. The crypto guys have satisfied me to dip into the area. I received’t contact any crap cash. I’ll simply stick to bitcoin and presumably etherium. That is purely a speculative funding and mainly a hedge towards our greenback. In my view governments are completely destroying our bucks and we stay in a world with no repercussions. They hold their jobs and proceed printing cash.

For the primary time ever the financial institution of Canada is now dropping cash. They misplaced 522 million in 3 months. Will rates of interest hold going as much as struggle inflation or will they dial again since they cant afford it.. I’m guessing we’ll proceed printing the distinction.

However hey gotta give credit score the place its due. The liberals actually mentioned financial coverage wasn’t a priority this election and other people nonetheless voted for them… finish rant.. =)

My plan for bitcoin is 100 to start out and 20 bucks added each week. I’ll replace how issues are going each month.

Whole invested – $110

I made a decision to go together with shakepay as a result of it’s regulated in Canada and also you shake the cellphone day by day to get some free sats (bitcoin) mainly 2-4 cents a day. haha. A 100 greenback deposit will get you 10 bucks and 10 for the referrer. Be at liberty to make use of my affiliate right here in case your all in favour of attempting out the crypto area. I respect the assist.

Monetary Targets Replace

Charities

Enhance Dividends by $4285.81 this 12 months. (bringing our ahead revenue from dividends to $13,000 a 12 months)

Sadly I’m going to ignore this now. Whereas we may of been actually near hitting this, issues modified. I’m not as bullish available on the market and with rates of interest doubling in 6 months (and nonetheless rising) I made a decision to repay all our heloc which we used for investing. So long as the ahead passive revenue is greater at yr finish vs final yr, its all good!

Etf Month-to-month Minimal Buy of $250

• This month we added 7 extra models of xaw etf.
• Questrade* is nice as a result of it presents free etf trades and cheaper inventory buying and selling choices than most Canadian brokers. $250.00 a month would kill us if we wanted to pay excessive buying and selling charges.
• * Be aware the questrade hyperlink is a affiliate hyperlink and at no further price to you, I’d get just a little fee should you had been to enroll. You may get $50 in free trades through the use of my affiliate hyperlink although.

November 2022 Passive Earnings Conclusion

A good month total. Clearly an emotional one, however her time was due. Now we get able to go away on trip after which get pleasure from time with family and friends for Christmas. All the time one in every of my favorite instances of the 12 months though not financially….. Ho Ho Ho

Want you all nothing however the most effective, cheers!

Ultimately it’s not the years of your life that rely. It’s the life in your years – Abraham Lincoln

Hey I’m Rob, creator of Passive Canadian Earnings.

In 2011 me and my spouse had nearly $60,000 in debt and a damaging $7,000 Internet Price. By way of arduous work and monetary schooling we paid all that off. Now we’re specializing in rising our Passive Earnings Streams to make the cash work for us. Really feel Free to Observe alongside the Journey by clicking the Social Media hyperlinks under or subscribing to get notified of recent posts on the sidebar.