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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…

Rental Property Update - $9600 an Hour

Well it’s been almost 6 months since I purchased my first rental unit. The first 3 months were spent fixing and improving the property. It took me countless hours and $9600 worth of material but the unit turned out beautiful and shouldn’t need any work for a while as it just got a new roof, kitchen, bathroom, deck and floors.  

Since the tenants moved in I’ve spent a total of 45 minutes at the unit. 15 of those minutes were to replace an outside receptacle with a newer safer GFI ($20), the other 30 minutes I spent chatting with the young couple that rent the house from me.  So in the last 3 months I’ve worked for 15 minutes and collected $2400 in rent. That works out to about $9600 an hour…not a bad wage if you ask me. Of course something catastrophic could happen ie-furnace needs replacing, major sewage backup etc… But so far so good. Only 6 more days until I can cash the next rent cheque. sweet.

Retirement Portfolio Net Worth – As of Oct 3- 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 RESPs

ASSETS:
Sept Contributions: $0
Retirement Portfolio: $472,430 (up $15,788 - stock market gains)
Rental Property: $105,000 (lowest estimated selling price)

Total Retirement Assets: $577,430 (up $15,788)

LIABILITIES:
Investment Loan: $34,134 (down $1,391)
Rental Property Loan: $77,618 (down $500)
Total Liabilities: $111,752 (down $1,891)

Retirement Portfolio Net Worth: $465,678 (up $17,679)

Dividends Received (year to date): $10,276 (up $1464)

Well this month was a good month primarily because of the overall rise in the markets.  However, I anticipate that October, November and December will be the best months of 2017 for us. This is due to a number of factors. Number …

Retirement Portfolio Net Worth – As of Sept 4 - 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 RESPs.

ASSETS:
Aug Contributions: $0
Retirement Portfolio: $456,642 (down $3,845 - stock market and currency losses)
Rental Property: $105,000 (up $25,000 estimate of post renovation selling price)

Total Retirement Assets: $561,642 (up $21,155)

LIABILITIES:
Investment Loan: $35,525 (down $1,288)
Rental Property Loan: $78,118 (down $508)
Total Liabilities: $113,643 (down $1,796)

Retirement Portfolio Net Worth: $447,999 (up $22,951)

Dividends Received (year to date): $8,812 (up $618)

We didn’t make any new contributions this month and our investment portfolio was down around 0.8%. A large portion of this decline was due to exchange rates.

I’ve finally finished the renovation…

Retirement Portfolio Net Worth – As of Aug 4 - 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 RESPs.

ASSETS:
July Contributions: $0
Retirement Portfolio: $460,487 (down $5,433 - stock market and currency losses)
Rental Property: $80,000 (purchase price)

Total Retirement Assets: $540,487 (down $5,433)

LIABILITIES:
Investment Loan: $36,813 (down $1,984)
Rental Property Loan: $78,626 (down $652)
Total Liabilities: $115,439 (down $2,636)

Retirement Portfolio Net Worth: $425,048 (down $2797)

Dividends Received (year to date): $8,194 (up $1,481)

We didn’t make any new contributions this month and our investment portfolio was down another 1%. A large portion of this 1% decline was due to exchange rates. The only change to the portfolio in July was that I initiated a posi…