Hey everyone! Welcome back. I hope you’re all enjoying the time off this holiday season. December 2019 and a whole decade is now behind us! Wow, what a journey it was. We made a lot of progress in personal and financial front. With that being said, it’s time to report my monthly update, but first, Cheers to the next decade! May the new decade give you the strength and motivation to focus on your ultimate plan towards financial independence.
Portfolio Value
In December, my portfolio value decreased by $574 and closed at $83,098.59. Not bad, considering that in November my portfolio value increased by more than $3,000. I was anticipating a greater decline in value due to the sell-off season, so as far as the portfolio value goes, I’m happy the way we finished the year.
Dividends
Dividends received in December 2019: $491.80
Dividends received in December 2018: $412.87
Year-Over-Year Dividend Growth: $78.93 or 19.11%
Year-To-Date Dividend Income: $4,339.95
The dividend income was a lot higher compared to my average monthly income due to two special dividends: $42.50 received from First National (FN.TO) and $92.80 from Genworth Canada (MIC.TO).
AdSense Earnings
Adsense earnings from the blog: $0.41
Adsense earnings from YouTube: $558.49
Total AdSense earnings: $558.90
YouTube earnings exceeded all expectations. So far this was the highest payout from YouTube ever. In December, my channel received 199.5K views and 393 new subscribers. 60% of revenue was earned from one single video with I filmed back in 2017. It’s a holiday-related video so it gets lots of views from November to January. I also published 18 new videos in December to support further growth.
Transactions
In December, I purchased 13 shares of TD Bank (TD.TO). I have a separate post about that purchase, so if you missed it, go check it out.
New Car Purchase
I finally found a car I was looking for and I got it for a great price. I spent 3x less than I had originally budgeted for. The car helped me a lot driving around the city to film new content for YouTube. I also can make weekly trips to the airport to film airplanes.
2020 TFSA Contributions
Since I spent less money for the car, I can either put $6000 to my TFSA right away, or just continue with $500 monthly contributions and reinvesting the dividends. I haven’t decided that yet.
The Highlights of 2019
- Received $4,339.95 in dividends
- Recorded $3,046.30 in capital gains from selling 3 stocks
- Purchased $19,216.55 worth of stocks
- Achieved all goals
2019 Goals Review
My financial goals for 2019 were as follows:
- Achieve $350 per month in dividends
- Received $4,000 in total dividends for the year
- Increase portfolio value to 70,000
2020 Goals
None! This time I will not set any goals. I can only forecast what will happen with the portfolio and income based on past performance, but I can’t call it goals. I will just continue to move forward for as long as I can.
Charts
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That’s it for December 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!
DIS happy new year! Impressive dividend growth year over year. I also hold MIC.TO and love their special dividend.
ReplyDeleteLike in your case AdSense earnings from my blog are pennies now. Wow, Youtube AdSense looks like a significant income stream! Keep up the great work!
The MIC is a great company. They granted the special dividend twice! Happy new year!
DeleteNice German. Good stuff all around. great growth, but as always that youtube payout is sweet!
ReplyDeletekeep it up man
cheers
Youtube payment helps a lot! I plan to invest all youtube earnings via a taxable account to build the wealth faster.
Delete