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Retirement Portfolio Net Worth – As of Jan31-2018

Well we basically just treated water this month. No new contributions were made as most of my time and effort was spent getting our second rental house fixed up and on the market. Other than my free time I spent a grand total of about $3000 renovating the house. Well… the work paid off and I have a tenant who will begin renting it Feb 1 (today!). So hopefully, the cash outflows will stop and the house will start paying for itself.
As far as the stock market goes, I was basically even for the month. I sold 2 of my higher yielding more interest sensitive REITs and picked up some NWL for a long term hold. The numbers are below.
ASSETS Jan Contributions: $0 Retirement Portfolio: $493,737 (down $3,651 stock market loss) Rental Property #1: $105,000 (lowest estimated selling price) Rental Property #2: $155,000 (purchase price)
Total Retirement Assets: $753,737 (down $3651)
LIABILITIES: Investment Loan: $28,943 (down $1498) Rental Property Loan #1: $75,439 (down $665) Rental Property Loan #2: $154,715 …

Newell Brands (NWL) - New Purchase

Well I've sold a few of my small cap interest sensitive REITs over the last couple of weeks and put that money to use on this American giant. "Newell Brands is an American worldwide marketer of consumer and commercial products with a portfolio of brands including Rubbermaid food storage, home organization and reusable container products; Contigo and Bubba water bottles; Coleman outdoor products; Diamond matches; Sharpie, Expo Markers, PaperMate, Dymo, Elmer's, Krazy Glue, Mr. Sketch, Parker Pens, Uniball, Prismacolor, Rotring, Xacto, Waterman, Berol stationery products; Bicycle and Bee Playing Cards; Aprica, Nuk, Tigex, Babysun, Baby Jogger and Graco children's products; First Alert alarm systems; Calphalon cookware and kitchen electrics; Sunbeam, Rival, Crock-Pot, Holmes, FoodSaver, Oster, Osterizer, Mr. Coffee small kitchen appliances; Yankee Candle candles; Jostens custom memorabilia; and Goody hair care accessories." Here's why I thought it was good idea…

Retirement Portfolio Net Worth – As of Dec29-2017

The goal is a retirement portfolio net worth of $1,000,000 and an annual passive income of $40,000. We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and our childrens RESPs.

ASSETS
Dec Contributions: $2200
Retirement Portfolio: $497,389 (up $4,832,stock market gains $2,632 + $2,200 contribution)
Rental Property #1: $105,000 (lowest estimated selling price)
Rental Property #2: $155,000 (purchase price)

Total Retirement Assets: $757,389 (up $159,832)

LIABILITIES:
Investment Loan: $30,441(down $997)
Rental Property Loan #1: $76,104 (down $507)
Rental Property Loan #2: $155,289
Total Liabilities: $261,834 (up $153,785 due to new rental purchase)

Retirement Portfolio Net Worth: $495,555 (up $6047)

Dividends Received (year to date): $13,085 (up $782)

Well December was a decent month with our retirement portfolio rising by another $6047. …

Purchased Another Rental Unit

Well we’re doing it again. We’ve purchased another rental home. Our most recent purchase is a detached, 3 bedroom, single family, 2 story home in a decent area of town. Unlike our other rental this one will appeal more to families. There is a large fully fenced yard so we’ve decided we are going to allow pets (many landlords in our area do not) which should appeal to higher income earning pet lovers.
The house is currently vacant and is move in ready. However, I’m going to add a half bathroom on the main level, replace some flooring in the bedrooms and do a long list of smaller aesthetic fixes ie-painting etc…I’m hoping to have all this completed by mid January however, as anyone who’s done renovations knows timelines often have to get stretched.
Once the renovations are complete we’re going to try and rent the home for what we believe is the top end of what comparable rentals go for. This is a learning experience for us so we figure if after a few weeks we don’t get any bites with o…

Retirement Portfolio Net Worth – As of Dec4 - 2017

The goal is a retirement portfolio net worth of $1,000,000 and an annual passive income of $40,000. We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and our childrens RESPs.

ASSETS
Nov Contributions: $0
Retirement Portfolio: $492,557 (up $8,136 stock market gains)
Rental Property: $105,000 (lowest estimated selling price)

Total Retirement Assets: $597,557 (up $8,136)

LIABILITIES:
Investment Loan: $31,438 (down $1,206)
Rental Property Loan: $76,611 (down $507)
Total Liabilities: $108,049 (down $1,713)

Retirement Portfolio Net Worth: $489,508 (up $9849)

Dividends Received (year to date): $12,303 (up $1087)

Well November was another decent month primarily due to the terrific gains of the stock market.
Obviously at some point there is going to be a correction, it could be tomorrow but it could
also be in couple years. As resul…

Recent Purchase - Medical Facilities Corp (DR)

I recently initiated a position in Medical Facilities Corp. It trades on the TSE under the symbol DR. This will be a long term holding for me and has a 1% weighting in my portfolio.

About DR

"Medical Facilities owns controlling interests in five specialty surgical hospitals located in Arkansas, Indiana, Oklahoma and South Dakota, and an ambulatory surgery center located in California. The specialty surgical hospitals perform scheduled surgical, imaging and diagnostic procedures. The ambulatory surgery center specializes in outpatient surgical procedures, with patient stays of less than 24 hours. Medical Facilities also owns controlling interest in a diversified healthcare service company located in Oklahoma that provides third-party business solutions to healthcare entities such as physician practices, facilities, and insurance companies"

Reasons I Bought:

-8.6% dividend yield
-75% payout ratio
-PE 16X
-ROE 24.15%
-ROA 15.43
-Current Ratio 2.3X
-Debt to Capital 33%

Other than…

Retirement Portfolio Net Worth – As of Nov 1 - 2017

The goal is a retirement portfolio net worth of $1,000,000 and an annual passive income of $40,000. We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and our childrens RESPs.

ASSETS:
Oct Contributions: $500
Retirement Portfolio: $484,421 (up $11,991 stock market gains + $500 contribution)
Rental Property: $105,000 (lowest estimated selling price)

Total Retirement Assets: $589,421 (up $11,991)

LIABILITIES:
Investment Loan: $32,644 (down $1,490)
Rental Property Loan: $77,118 (down $500)
Total Liabilities: $109,762 (down $1,990)

Retirement Portfolio Net Worth: $479,659 (up $13,981)

Dividends Received (year to date): $11,216 (up $940)

October was another good month, once again due to stock market gains. I did manage to add a paltry $500 to our investment account this month which is far below what I was aiming for. I don’t expec…