Hello old friends (and new?). What a wild year so far.
So, I had a bit of time on this long weekend and was cleaning up my site and thought to myself, why not a brief update?
I’m still kicking it old-school but time is so precious that I have been way more busy doing than talking about my doings.
Real Estate and other adventures
I’ve been working hard on this area of my business for about 2 years now and have made several strides in that time. I am learning and making a little bit of money through the process. I’ve just enrolled in the London School of Economics Real Estate and Economics Certificate program so let’s see how that goes.
I’ll give a good update on this front when I get into the mood.
I’ve accumulated a handful of rentals but I plan on expansion soon
P2P lending going fine but rather boring. I’ve averaged 12.6% per year since 2017 so I guess that’s ok. It’s miles behind my stocks where I’ve doubled my value in under 5 years. My tfsa is over triple the value of the TSX since 2016
Also, on this chart you can see my RRSP started 10% below the index in 2016 so that 80% gain is not accurate. Plus this doesn’t factor in dividends, just saying 🙂
Stocks
I sold all my stocks on Jan 31, 2020
I’ve been rebuying since the end of March when the US fed decided to use a bazooka and shoot trillions into the economy.
This year, my goal was to pass $20,000 in total dividends received but that changed since I didn’t collect much from dividends at the beginning of the year.
2020 Dividend Income So Far
My total haul this year is only breaking $9,000 so far but I expect it to dramatically increase as I have re-entered the market with only about 20% in cash holdings left.
Because I got lucky and sold at the height and bought back in at an average 37% discount, I should be looking at a very nice year next year (if the market doesn’t explode again!)
Having not really looked to close into it, I would guess I should get an average of about $2,000 a month in my tax-free accounts in the form of dividends. I’m not really counting on every company I own keeping the dividends so we shall see.
I’m also holding much of my portfolio in low or non-dividend paying stocks because I keep these in my taxable account until I have more room in my tax-free accounts.
In fact, my largest holding now is BRK-B which doesn’t pay a divi.
Stuff
| Month | 2018 | 2019 | 2020 |
| January | $1,104.37 | $1,626.86 | $1,595.72 |
| February | $913.47 | $957.73 | $943.22 |
| March | $1,475.55 | $1,501.45 | $40.08 |
| April | $1,356.51 | $1,599.25 | $479.33 |
| May | $934.30 | $972.76 | $277.97 |
| June | $1,530.00 | $1,674.88 | $2,821.26 |
| July | $1,542.41 | $1,668.51 | $1,718.55 |
| August | $984.73 | $891.40 | $1,082.96 |
| September | $1,549.84 | $1,897.46 | |
| October | $1,611.55 | $1,677.00 | |
| November | $1,230.16 | $1,110.34 | |
| December | $1,990.18 | $2,226.97 | |
| YTD Total | $16,223.07 | $17,804.61 | $8,959. |
My total dividend haul this year is like 9g
How Much Free Money?
| Year | Total Dividends Received |
| 2014 | $2,421.00 |
| 2015 | $4,169.00 |
| 2016 | $6,192.86 |
| 2017 | $10,760.51 |
| 2018 | $16,223.07 |
| 2019 | $17,804.61 |
| 2020 | $8,959.09 |
| Total Divs | $66,530.14 |
Since 2014 I have received $66,530 worth of dividends. This does not include any capital appreciation.
Every month I like to see what my dividend income can purchase if I chose to spend it on frivolous stuff.
If I saved all my dividends so far I could buy myself a…
Chevrolet Corvette Grand Sport – $65,495
and I’d still have a grand left over!
Stay classy Fire bros