Portfolio Value Update - July 2020

Welcome back, guys! Wow. It’s already August. Are you kidding me? July is gone and we’re heading towards the end of summer again. That’s nuts. We’re skipping out on a lot of activities this summer because of the pandemic. Montreal is the worst hit city in the country so we avoid all non-essential travels and activities for now. Anyway, let’s see how my stock portfolio performed in July and how much dividends I received.


Portfolio Value
In July, my stock portfolio value increased by $4,003 and closed at $87,373. I added $3,000 worth of new stocks, the rest of the increase came from capital gains. I’m only a few grand away from all-time high of $91,000 that I had in January 2020. The stock market gained some traction in July. Let’s see if it will continue to do well in August. The Q2 reports are coming out. They are ugly, but I don’t think that investors will negatively react to the bad quarter reports. We all understand that the economy will rebound as soon as A: we have a vaccine or B: we have an effective treatment or C: the spreading stops naturally, just like all other pandemics in the past. 

Dividends
Dividends received in July 2020: $414.29
Dividends received in July 2019: $350.27
Year-Over-Year Dividend Growth: $64.02 or 18.27%
Year-To-Date Dividend Income: $2,856.17

I’m happy to see a double digit growth again. Hurray! Over $400 a month in dividends for doing absolutely nothing is great! If I budget carefully, I could feed my family for a month. My next goal is to reach $500 a month and then we party. Until then I will consistently invest in solid dividend payers.





AdSense Earnings 
Adsense earnings from the blog: $0.41
Adsense earnings from YouTube: $292.57
Total AdSense earnings: $292.98

My adsense earnings increased by 324% from $69.02 to $292.98 from last year. The views on my YouTube channel have increased from 1,300 per day (July 2019) to 7,000 per day (July 2020). I continued to publish videos consistently and it looks like the hard work has paid off.


Transactions
In July I made one transaction by purchasing 135 shares of Telus. You can refer to my last blog post about this transaction.


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That’s it for July 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!