Monday, February 6, 2023
HomePassive IncomeMarch 2022 Passive Revenue - Sunny Days

March 2022 Passive Revenue – Sunny Days

  • 0 Dividend Raises
  • 3 sources of passive Revenue
  • $998.86 from dividends
  • 14 shares/models dripped in March

Hey, Hey Hey

The solar is shining, the ice rink is put away for yet one more 12 months. Issues are good. Landscaping has began again up for us, and whereas it took awhile to seek out workers we bought some stable new guys. I actually love what I do, and do I ever really feel good being again at it. Its wonderful how one thing so easy just like the climate and getting on the market, adjustments you.

The season is extraordinarily busy once more and we’re reserving into September in the mean time already. The economic system continues to growth, I simply surprise when it’s going to ultimately cease. We all know it’s going to ultimately decelerate, however when.. Actual property looks as if its lastly calming down with rising rates of interest, so possibly that may assist calm issues.


  • The spouse went to disney on ice with our daughter so me and my son went to lazertag. Its been some time since we did that, was a good time. We performed 3 matches and I regularly bought higher. pew pew!
  • I began cleansing up the gardens/yard and at last was capable of take down our ice rink. That’s all the time a fantastic feeling, spring is right here!
  • Me & the spouse had a date night time – Thai meals, buying and we went to the On line casino. Received $125 on the greenback wheel of fortune slots and bought out of there. Ended up successful 60 bucks general. Its good to see issues busy once more.
  • I turned 39 in the course of the month, handed out early on my bday however made up for it the next day with some pals. My daughter made a cake for me from scratch, little issues make one of the best moments proper? It was nice coated in fish gummies, reese peanut butter cups and people rainbow bitter belts.
  • Went to the toronto zoo with my sister and the children. I really like that place! The wolves have been tremendous lively specifically.
  • Hit up a trampoline park and ninja course. These programs are alot tougher than they give the impression of being!
  • Went on a pair hikes, noticed some cool shelters.
  • Booked 3 tenting journeys for the summer season and one KOA journey within the states as soon as once more. (Extra to come back)



hiking shelterlazertag

Life is nice, I’m grateful for all of the experiences and the individuals who encompass me. Whereas I weblog about funds, its not every little thing. It does make it a complete lot simpler to afford all these adventures although. =)

Alright, Let’s Get To Our March 2022 Passive Revenue

Raises or Cuts

0 Raises or cuts this month.


Complete Added Revenue from Dividend Raises in 2022 – $95.62


January 2021 Passive Income

March 2022 Dividend Revenue

11 Corporations paid us this month.

Shares March 2021 Revenue March 2022 Revenue
Canadian Utility’s 92.36 (3 Drips) bought
IBM 45.64 usd bought
3m 32.56 usd bought
Inter Pipeline 8.32 bought
Microsoft 6.72 usd 11.78 usd
Johnson & Johnson 43.43 usd 71.02 usd
LMT 36.40 usd 89.60 usd
Canadian Nationwide Railway 47.36 70.32
Manulife Monetary 59.73 (2 drips)
Sensible Centres 26.05 33.76 (1 Drip)
Suncor 157.50 (3 Drips)
Brookfield Renewable 85.92 (1 Drip) 92.24 (1 Drip)
Fortis 94.16 (1 Drip)
RIT ETF 64.33 (3 Drips) 66.76 (3 Drips)
Enbridge 231.30 (5 drips) 251.98 (3 Drips)
Totals 720.39 998.86

14 shares Dripped in March

$278.47 greater than final 12 months, or a 38.65% enhance. Very good, we see a bunch of latest additions particularly Suncor. I loaded up on them final 12 months, possibly I ought to of bought cnq as an alternative.. Manner much less drama, haha. I like my petro Canada although =) All good!

In case your take a look at our Earlier Dividend Revenue Studies.

Our Drips (Dividend Reinvestment Program) added $25.92 to our yearly ahead dividend’s this month


Different Revenue

Personal Funding Fee – $500.00

Nothing new right here, simply our common month-to-month fee. (I don’t even need to edit this half each month) Regular Eddy…….

Photo voltaic Panel Revenue

In February (We all the time receives a commission a month later) our photo voltaic panel system generated 244 kWh. Since we usher in a set price of 28.8 cents per kilowatt hour, Hydro One deposited $70.27 into our chequing account this month.

Final January the system generated $72.58 so we’re a little bit underneath. Appears to be tremendous constant for these months.

Complete Revenue for 2022 – $146.92

System Put in January 2018

Complete System Price ——–$32,396.46

Complete Revenue Acquired ——–$10,023.45


Quantity to Break even —- $-22,373.01

MARCH 2022 passive income

Complete March 2022 Passive Revenue – $1,569.13

March 2021 Passive Revenue – $1,269.35

Principally 300 bucks extra yr over yr. Simply superior, slowly however absolutely. The distinction is only dividends this month.

march 2022 passive income

Totals For 2022

Dividends 12 months To Date Complete – $2,366.93
Different Passive Revenue 12 months to this point – $2,342.39
Complete Passive Revenue for 2022 —– $4,709.32
12 months Finish Purpose – $25,000



February Purchases/ Gross sales

We trimmed our lockheed Martin place final month at its excessive. Began a brand new place in 2 corporations and added to five of our holdings. In whole we added $1,035.64 to our ahead earnings.

There was quite a lot of exercise final month so I wrote a submit right here about all our strikes.


Monetary Targets Replace


Enhance Dividends by $4285.81 this 12 months. (bringing our ahead earnings from dividends to $13,000 a 12 months)

The objective for 2022 is to have a ahead passive earnings of $27,500 thousand by the top of the 12 months. I plan on doing this by refinancing our home and profiting from these low rates of interest. I wish to max out some accounts and let compounding do their magic. Its an enormous objective and can virtually double our present passive earnings.

  • With New Purchases, Drips, and Dividend Raises we continued to develop the scale of our dividend Portfolio. Complete elevated to date in 2022 is $1,575.01

The heloc is all setup now and we have now been placing cash to work.


Etf Month-to-month Minimal Buy of $250

  • This month we added 10 extra models of xaw etf.
  • Questrade* is nice as a result of it affords free etf trades and cheaper inventory buying and selling choices than most Canadian brokers. $250.00 a month would kill us if we would have liked to pay excessive buying and selling charges.
  • * Notice the questrade hyperlink is a affiliate hyperlink and at no further price to you, I’d get a little bit fee when you have been to enroll. You may get $50 in free trades through the use of my affiliate hyperlink although.
March 2022 Passive Revenue Conclusion

An important month throughout, with each life and funds. Sorry for the actually late submit, enterprise is booming and that retains me busy in the mean time. Hope you all had a beautiful March as nicely.

How was your March?


Irrespective of how lengthy you might have traveled within the flawed route, you all the time have the selection to show round. – unknown



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