Home Passive Income February 2023 Passive Revenue – Good Instances

February 2023 Passive Revenue – Good Instances

February 2023 Passive Revenue – Good Instances

  • 3 sources of passive Revenue
  • $321.22 from dividends
  • 1 inventory/unit dripped in February
  • Trailing 12 Month Portfolio Return 1.03%


Sorry for the delay in our month-to-month studies.

Life has been actually busy and the spouse and I went away to Mexico as soon as once more to absorb the rays, shoot some tequila and luxuriate in child free time collectively.

The market modified shortly eh? Is that this simply the beginning or did the fed backstop it sufficient to chill issues off? I dunno however it’s one thing I assumed was going to occur as I mentioned within the fall once I bought all our monetary shares. You may learn that put up right here with no edits.

“The extra I considered issues the extra I see a coming monetary disaster. Finland is warning of an “energy-industry Lehman Brothers” disaster coming. I believe there might be a ripple impact coming. Try Deutsche Financial institution and Credit score Suisse inventory costs to see whats taking place there. Credit score suisse has mentioned the worst is but to come back…”

and right here we’re, the information retains speaking about credit score suisse. Whereas among the shares we bought are down in worth, surprisingly to me some are nonetheless up. I don’t suppose the worst is over but however I proceed to greenback value common cash into the market.

One thing to contemplate is again in 08/09 banks began cracking 4-5 months earlier than issues actually went to sh#t.

We dwell in a printing press world and as a lot as I hate it, its a actuality. Biden and Trudeau are spitting cash out left proper and centre. Brief time period that could possibly be good for the market, however long run oh boy…. However a few of my ideas on that – Tinfoil hats proper? 2030 you’ll personal nothing and be glad.


My son turned 10 in February, we had a pleasant celebration at lazer tag. It was nice. I got here third the primary spherical however failed miserably the 2nd as I took my daughter and her buddy out for his or her first time. (my daughter even beat me, though it was free for all so she was in all probability capturing me proper?)

That saying – Take pleasure in em they develop quick – Is so true, there’s second’s that drive you loopy however man does time ever fly.


Talking of which I turned 40. We booked a final minute journey again to Mexico to have a good time. So what do 40 12 months olds do? Effectively we put on pink flamingo shirts and linen pants now. =) Learn books on the seashore, (completed the psychology of cash, nice ebook) however nonetheless smash tequila pictures and plenty of mohitos. Yearly hangovers worsen, however these are nice studying days proper?

We took the fairy over and explored  isla majeres – The island of girls. A lovely place, noticed just a little stays of a mayan constructing, did some procuring and checked out the wonderful seashore there. Sadly the one topless ladies had been these statues… I’ll take it although! haha =)

We ended up taking a dream liner airplane again to Toronto. Wow these are good planes, 3 rows of seats not as cramped as common planes. Dimmable home windows and television screens. (I haven’t had television screens since flying to the canary islands a pair years in the past) Having this massive of airplane I assumed would simply present how dangerous pearson airport can be with lineups and so on, however surprisingly there was completely no lineups to get via all the pieces. Good work Pearson Airport.

Alright, Let’s Get To Our February 2023 Passive Revenue

Raises/ Cuts

6 Raises this month, gotta adore it!

Bell Canada – They raised their dividend by 5.2% which added 32.11 to our ahead dividend earnings.

Nutrien – Nutrien threw down the largest increase we have now gotten to date. They boosted their div by a powerful 10.4% sadly this a small place so solely added $15.36. I’ll be including to this place quickly sufficient after this increase.

Tc Power – They raised their dividend by 3.3% including 21.24 to their future dividend funds.

Brookfield Renewable – who down with bep? Yeah me! 5.5% increase provides $19.39 – Spoiler alert – Added to this place in Feb

Cisco – The weakest increase of 2023 go’s to cisco. woot woot!…… 2.63% provides 5.68. The turnaround is wanting good although

House Depot – The inventory I wish to add to however haven’t. A ten% increase means I’ve too. It’s certainly one of my new guidelines. This added 7.61 in ahead divs.

Complete Added Revenue from Dividend Raises in 2023 – Damaging $97.46

This month was a improbable month for dividend raises including a stable $101.39 to our ahead earnings. Sadly that Algonquin lower in January nonetheless retains us in unfavourable territory.. It’s what it’s, atleast aqn has shot up from their lows earlier than the lower (why didn’t I again up the truck, I used to be excited about it at $8.50)


August 2022 Passive Income

February 2023 Dividend Revenue

6 Corporations paid us this month.

SharesFeb 2022 RevenueFeb 2023 Revenue
Good Centres33.61 (1 Drip)bought
Rit ETF66.56 (3 Drips)bought
Texas Devices032.24 usd
Air Merchandise074.52 usd
Proctor and Gamble – USD20.8831.05 usd
Nationwide Financial institution of Canada50.46.97
Abbvie – USD98.70103.60 usd
Common Mills – USD72.93 (1 Drip)78.84 (1 Drip)

1 shares/models Dripped in February.

As all the time these months are our lowest earnings months, however I gotta say I really like all these American dividend payers. Particularly when our Canadian greenback is oh so dangerous! Solely 97 cents of that earnings was Canadian, in order that’s principally like 1000 bucks as soon as transformed. (It’s not truly)

In case your take a look at our Earlier Dividend Revenue Experiences.

Our Drips (Dividend Reinvestment Program) added a monster $2.16 in future dividends. (in all probability our lowest month ever however that usd will in all probability be put to work quickly sufficient in hd or txn)

February 2023 Passive Income

Different Revenue

Non-public Funding Cost – $1000.00

1k a month, very good!

Photo voltaic Panel Revenue

In January (We all the time receives a commission a month later) our photo voltaic panel system generated 39 kWh. Since we usher in a set charge of 28.8 cents per kilowatt hour, Hydro One deposited $11.28 into our chequing account this month.

Final December the system generated $39.61 so we’re approach decrease. Fairly protected to say the panels had extra snow on them this 12 months than final 12 months. Winter months for photo voltaic undoubtedly don’t do a lot.

Complete Revenue for 2023 – $39.26

System Put in January 2018

Complete System Value ——–$32,396.46

Complete Revenue Acquired ——–$12,211.55


Quantity to Break even —- $ –20,184.91

It’s gonna be good as soon as we get $184.92 and that drops beneath 20k. Not rather more to say. Photo voltaic panels in Ontario throughout the winter will not be good.



February 2023 Passive Income

Complete February 2023 Passive Revenue – $1,332.5

February 2022 Passive Revenue – $882.75

Whereas our dividend earnings is down, the general passive earnings continues to extend. Total our passive earnings grew by 50.94% 12 months over 12 months, Let’s go!

February 2023 Passive Income

Totals For 2023

Dividends Yr To Date Complete – $1,169.74
Different Passive Revenue Yr up to now – $2803.10
Complete Passive Revenue for 2023 —– $3,972.84
Yr Finish Purpose – $26,000 (15.28%)

Nearly 2k a month common, just a little behind the purpose however there’s nonetheless loads of time.



February Inventory Purchases

We made 1 buy this month after their increase announcement.

Brookfield Renewable – This inventory has handled us very properly over time, with each capital appreciation and dividend raises. I believe governments and the final inexperienced motion will proceed to be a lift for brookfield renewable. The value has got here down fairly a bit and I made a decision the time was proper to extend our place. We purchased 53 extra shares at 36.95 per share. This provides $71.55 usd in ahead earnings and almost certainly will enable us to drip one other share per quarter. Love that!



Bitcoin has continued to do very properly for us since we began shopping for within the fall. Simply bear in mind all these scandals and stuff is all the time these crap cash… Personally I’m solely sticking with Bitcoin. I put 20 bucks every week into this funding, cash we will afford to lose.

Complete invested – $390



I made a decision to go together with shakepay as a result of it’s regulated in Canada and also you shake the telephone each day to get some free sats (bitcoin). I shake on a regular basis and with over a 100 day streak, I’m now getting about 15 cents a day in free bitcoin.

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 fascinated about attempting out the crypto area. Or in case your a fan of the location and wanna toss me some btc my Shaketag is @hutz8

I respect the help.

Monetary Targets Replace


Etf Month-to-month Minimal Buy of $250

  • This month we added 0 extra models of xaw etf.
  • Questrade* is nice as a result of it affords 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.
  • * Observe the questrade hyperlink is a affiliate hyperlink and at no extra value to you, I might get just a little fee when you had been to enroll. You might get $50 in free trades through the use of my affiliate hyperlink although.

We didn’t add this month as cash went to repay the journey to mexico. All good subsequent time

February 2023 Passive Revenue Conclusion

A month filled with dividend raises, solar and when you dwell right here in Ontario a tonne of snow. It was an amazing month general. Simply bear in mind governments are printing cash like loopy, you possibly can’t print time.. Go on the market and benefit from it!…… whereas being fiscally accountable =) haha!


Each morning you will have 2 decisions: proceed to sleep along with your desires, or get up and chase them – Carmelo Anthony