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October 2022 Passive Earnings Replace


  • 3 sources of passive Earnings
  • $912.82 from dividends
  • 35 shares/items dripped in October
  • Trailing 12 Month Portfolio Return +6.22%

    S&P 500 12 Month Complete Return -15.47% (hasn’t been up to date for October) for September 2022 

Hey Hey Hey

The market determined to climb again up this month after which rates of interest rose as soon as once more. The narrative hasn’t modified each Tiff and Powell have stated they aren’t achieved elevating rates of interest in earlier hikes. Sadly Tiff performed his playing cards first hoping Powell would observe go well with with a .5% increase and the US raised theirs .75% basically devaluing our greenback. Inflation for Canadians ought to rise on this transfer alone because it now prices us extra to purchase stuff in usd.

Whereas I’ve been a believer that they’d hike charges till the tip of December after which pause, I’m now kinda questioning that. Governments proceed printing new cash within the type of inflation reduction, which in the end fuels much more inflation… Cracks are beginning to kind. For my part we’re in for some arduous instances within the coming months as I’ve talked about in a earlier put up.

Life

We did our final tenting journey of the yr initially of the month. The climate held out for us and it was really an ideal weekend. Obtained some nice household pics and household time outside unplugged is at all times good!

I continued to step up our halloween recreation this yr and located some extra animatronics. Sadly we had much less children than we had final yr however the place was an enormous hit. Youngsters and adults each liked it and I actually loved seeing folks on our cameras taking selfies and many others with our decorations. Right here’s hoping subsequent yr is larger, you recognize what they are saying – For those who construct it they’ll come…. I’ve at all times liked halloween, so it feels good to have the ability to begin organising yearly haunts. =)

Apart from that its been raking leaves and combating the flu. Proper now our complete household has had it however the children are high quality and again to high school whereas me and the spouse proceed to really feel like crap. enjoyable enjoyable. (edit as of posting Im higher however our daughter spiked a fever once more and spouse remains to be sick… arg and faculties are closed as soon as once more on account of one other strike – a yearly factor as of late)

Oh and we booked a household journey to the Dominican in December. All inclusive. Might be nice as this can really be our daughters first flight/journey!

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

Raises

We had 1 Increase this month.

  • Abbvie raised their dividend by 5% boosting our ahead revenue by $19.60

Abbvie has handled us very properly since we purchased them round 70 bucks. Some folks appear disappointment by the decrease increase however I believe its a superb transfer as they navigate the humira points.

 

Complete Added Earnings from Dividend Raises in 2022 – $401.07

 

August 2022 Passive Income

October 2022 Dividend Earnings

9 Firms paid us this month.

SharesOctober 2021 DividendsOctober 2022 Dividends
Transcontinental27.68 (1 Drip)bought
TD Financial institution103.49 (1 Drip)bought
Financial institution Of Nova Scotia93.60 (1 Drip)bought
Rit ETF65.75 (3 Drips)bought
Sensible Facilities32.99 (1 Drip)bought
Nutrien28.1331.58
Restaurant Manufacturers74.32105.33 (1 Drip)
Cisco51.0653.20 (1 Drip)
Bell Canada139.13 (2 Drips)153.64 (2 Drips)
Aecon0114.52 (11 Drips)
Telus83.16 (3 Drips)136.46 (4 Drips)
Franco Nevada05.07
Tc Vitality116.58 (1 Drip)157.50 (2 Drips)
Algonquin Energy97.47 (5 Drips)208.72 (14 Drips)
Totals913.36912.82

35 shares Dripped in October.

That’s an enormous quantity of dripped shares however each algonquin and aecon have plummeted this yr, so its a superb and dangerous factor. Unwell fortunately take these cheaper drips although!

We see a slight dip in revenue yr over yr and this can really worsen subsequent quarter. I bought off all our monetary shares and reit’s as I stated earlier than I see dangerous instances coming, particularly in these sectors. I could possibly be unsuitable although issues dipped a bit after which got here again up however a doubling of rates of interest in like 6-8 months in one of many worlds largest housing bubbles might ultimately pop..

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

Our Drips (Dividend Reinvestment Program) added $41.92 to our yearly ahead dividend’s this month. An attractive factor. =)

October Dividends


Different Earnings

Non-public Funding Fee – $1000.00

1k a month, Straight to the heloc.


Photo voltaic Panel Earnings

In September (We at all times receives a commission a month later) our photo voltaic panel system generated 729 kWh. Since we usher in a hard and fast charge of 28.8 cents per kilowatt hour, Hydro One deposited $204.81 into our chequing account this month.

Final September the system generated $232.99 so we’re fairly a bit decrease this month. Not dangerous contemplating the final couple months have been larger.

Complete Earnings for 2022 – $2,102.38

System Put in January 2018

Complete System Value ——–$32,396.46

Complete Earnings Obtained ——–$11,987.60

_____________________________________________

Quantity to Break even —- $ -20,408.86


october 2022 passive income

Complete October 2022 Passive Earnings – $2,117.63

October 2021 Passive Earnings – $1,646.35

Whereas the dividends are down the passive revenue is up. A development charge of 28.62% very good!

october 2022 passive income

Totals For 2022

Dividends 12 months To Date Complete – $9,182.5
Different Passive Earnings 12 months thus far – $11,306.54
Complete Passive Earnings for 2022 —– $20,489.04
12 months Finish Purpose – $25,000

Appears like we’ll fall in need of our objective, however its all good. I set out a really lofty objective and we really will likely be near hitting it, that’s superb.

Purchases

 

October Inventory Purchases

Ive stated it earlier than however I at all times deliberate on rising our tech positions when the market pulls again. This month we added to 2 of our holdings after their beneficiant raises final month.

Texas Devices

We added 6 extra shares to our place at 154 and alter. This buy added $29.76

Microsoft

If I may solely choose one inventory to carry for the subsequent 10 years, this is able to be it. I’ve at all times wished to extend our place measurement with them and plan to have them in my prime 3 earlier than spring subsequent yr.. Tech is shifting so quick and microsoft is in every single place. If (I hope so) the activision deal go’s by way of they are going to be an absolute powerhouse within the “metaverse”. I bought a buddy who’s large into tech healthcare and its superb what is going on with using microsoft merchandise and digital actuality.

Additionally they have a tendency to lift the dividend by 10% per yr as properly. We added 4 extra shares this month at 233 per share. Including 10.88 to our ahead revenue.

I appreciated Microsoft at 233 and prefer it much more at 215, that is almost definitely my subsequent purchase as properly. Will it break 200?

 

Monetary Targets Replace

Charities

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

Sadly I’m going to ignore this now. Whereas we may of been actually near hitting this, issues modified. Im not as bullish in the marketplace 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 larger at yr finish vs final yr, its all good!

 

Etf Month-to-month Minimal Buy of $250

  • This month we added 8 extra items of xaw etf.
  • Questrade* is nice as a result of it gives 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 price to you, I’d get a bit of cost in case you have been to enroll. You possibly can get $50 in free trades through the use of my affiliate hyperlink although.
October 2022 Passive Earnings Conclusion

Total a superb month. Halloween was numerous enjoyable and tenting properly that’s at all times a blast. Im glad to see the tech sector falling as its one sector of ours that wants some main pumping up. What sectors or positions have you ever been shopping for? Did you get alot of children for halloween?

want you all nothing however the most effective, cheers!

You make a life out of what you’ve, not what your lacking – Kate Morton

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