Portfolio Value Update - January 2024

Portfolio Value
Welcome to the first monthly update of 2024. In January, my portfolio value increased by $350 from 155,610 to $155,960. It’s basically at the same level as last month. The Canadian stock market was also trading sideways, but still trading on the top range.

Dividends received in January 2024: $744.58
Dividends received in January 2023: $670.68
Year-Over-Year Dividend Growth: $73.90 or 11%
Year-To-Date Dividend Income: $744.58

The dividend growth is at 11% compared to the same period of last year. The growth rate is sustained by dividend reinvesting and dividend increases.

Bought 4 shares of Capital Power (CPX.TO) for $37.53 per share
Bought 15 shares of Enbridge (ENB.TO) for $48.30 per share

All purchases were funded by dividends. As of 2024, I now have a new contribution room of $7,000 in my TFSA Account. I didn’t start funding my TFSA yet because I’m prioritizing mortgage payments in the first half of this year. I will probably contribute to my TFSA in Q3. Meanwhile, I will continue reinvesting the dividends.

Ads Revenue
In January, I collected $283.70 in adsense revenue from my YouTube channel. It was a very slow month on YouTube and the ad rate usually drops in half during the December to January roll-over.

January 2024 YouTube Stats:
  • Added 204 New Subscribers
  • $283.70 Revenue
  • Daily Average $9.15


January 2024 Summary
Portfolio Value: $155,960
Dividend Income: $744.58
AdSense Income: $283.70
Combined Income (excluding day job): $1,028.28


That’s it for January 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 until next month!

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