WOW! Time flies. It’s already June 3rd and I’m due for May update. In May, my portfolio value increased by $79 to $72,325. It’s not much but it’s still an increase. At some point in May, the portfolio value was getting close to $74K, however last week the stock market was volatile and my portfolio paid the price. Stocks got cheaper, but that’s perfect for me because I’ll pick up more stocks at a better price.
Dividends
Dividends received in May 2019: $338.72
Dividends received in May 2018: $244.06
Year-Over-Year Dividend Growth: $94.66 or 38%
Year-To-Date Dividend Income: $1,643.88
Dividends received in May 2019 was $338,72. A very small amount compared to the cost of living, BUT last year I made only $244.06. My monthly contributions keep the growth going, but dividend reinvesting and dividend increases from existing positions make a huge difference. I can finally feel the power of compound growth. At this point, 37% of my monthly purchasing power comes from dividend reinvesting.
AdSense Earnings
Adsense earnings from blog: $0.58
Adsense earnings from YouTube: $51.05
Total AdSense earnings: $51.63
I’m glad to see YouTube earning up by 20 percent compared to last month. I added a few videos in May, but I also improved SEO on many of my existing videos. YouTube can be a great passive income later on.
Contributions
In May, I transferred $575 to my TFSA account. I will continue to contribute the same amount every month. My TFSA contribution limit will be reached by the end of this year.
Transactions
In May, I made two transactions. I sold my stocks in Morneau Shepell and invested in Brookfield Infrastructure. You can read more about the sale and the purchase in my previous post.
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That’s it for May update! Let me know what you think of my progress. Feel free to share your progress in the comment section below. Thank you for reading and take care!
Hey German that sure is some nice YoY dividend growth congrats buddy. Keep up the great work, I can't wait so what your next buy or sell will be.
ReplyDeleteThanks, Matt. I was looking into adding some banks. Stocks pulled back a bit.
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