December 2017 Passive Income
“Champagne with Breakfast, while I’m Yawning” – Drake
December 2017 Passive Income
Happy New Years! 2017 was great, but 2018 Is going to be epic.
December was another great month. This month we surprised our son and took him to great wolf lodge for the night. Yes he freaked right out. The wife is now done work as we wait for the time to rush her to the hospital for the arrival of our little girl. Shes due January 13th, but could pop any moment.
Christmas is my favorite time of the year. While its always crazy busy, I enjoy hanging out with our friends and family and watching my sons face light up the morning Santa comes. On the 27th our Solar Panels finally got hooked up and are now generating energy for us to sell to the grid!
Dividend’s this month set a new record, Google decided to pay me (Thanks to all of you) and we made over $1000 in passive income for the first time! Yes you can say it was a great month.
19 Companies paid us this month.
|Stocks||Dec 2017 Income|
|Canadian National Railway||14.85|
|Richie Bros Auctions||32.63|
|Hydro One||44.22 (One Drip)|
|Brookfield Renewable||62.66 (One Drip)|
|Shaw||29.82 (One Drip)|
|Riocan||37.95 (One Drip)|
|Extendicare||15.32 (One Drip)|
|Enbridge||193.98 (3 Drip's)|
December 2017 Dividend Total = $548.87 (%481.36 higher yr over yr)
December 2016 Dividend Total = $94.41 (Previous Dividend Income)
Our Drips (Dividend Reinvestment Program) added $13.87 to our yearly forward dividend’s this month!
Private Investment Payment – $500.00
Thanks to all of you, Google decided to throw me some money this month. Thanks for looking at the ads!
Google Adsense Payment – $112.08
This was my first time the website brought in some money. It’s a great feeling. Thanks again!
Total December 2017 Passive Income – $1160.95
Total Passive Income Increase over last year. – 1129%
Totals For 2017
Dividends Year To Date Total – $2466.33
Other Passive Income Year to date – $3862.08
Total Passive Gains for 2017 —– $6328.41
Year End Goal – $2000.00 ——–%100
New Year End Goal created end of August – $5500 (100%)
<—— We hit our revised goal. Woot Woot. Time to think of a new goal for 2018!
Our net worth increased 2.33% this month. Yup this was a good month. Stock values have really pumped up this month. The increase in net worth year over year is truly insane!
December 2017 Purchases
I made a post how I wasn’t going to make any purchases this month. Fortunately our Tfsa still accumulated $1000 by the end of December so we added to Corus Entertainment to start the drip and lower our dollar cost average.
- 93 Shares of Corus Entertainment
Conclusion for Our December 2017 Passive Income Report
I can’t stress how much this community keeps ya grinding! Creating the website was one of the best things I did in 2017. So to summarize we brought in over $500 in dividends in a month for the first time. The website made some money for me! *Popping Bottles* And our passive income totaled over $1000 in a month for the first time. Things are tony the tiger GRRREEAAT!
How was your income? I Wish you all the best in 2018.
Hey I’m Rob, creator of Passive Canadian Income.
In 2011 me and my wife had almost $60,000 in debt and a negative $7,000 Net Worth. Through hard work and financial education we paid all that off. Now we are focusing on increasing our Passive Income Streams to make the money work for us. Feel Free to Follow along the Journey by clicking the Social Media links below or subscribing to get notified of new posts on the sidebar.
Thats a fantastic month, PCI. Congrats and keep that income compounding!
Hey road, thanks its nice to see the snowball rolling and gaining momentum. Cheers!
It is actually a great leap over the previous year’s figure. Congrats
Hey kits. Welcome always nice seeing new faces. Thanks, the momentum is growing.
That is some impressive growth. Snowball is getting bigger and bigger quickly. Keep it going !!
Hey pursuit, thanks. 2018 wont have this high of percentage gains though! Haha cheers
Awesome month and congrats on google paying you. By chance would you share what your traffic is through your website to get to the point where you get paid? I have not monetized my site yet but looking into it. All the best in the new year and looking forward to your next post!
Hey Brian thanks
You might as well start monetizing its easy – google adsense. Is a good start. I have about 24000 views but some of that income was from my old youtube channel as well(which is still bringing in some money)
I keep thinking of writing a post about what i do for the website, what i should of done earlier and what im going to do. Maybe that will be my next post (saturday) im sure i would also learn a thing or 2 from the feedback.
All the best in 2018!
That sounds like a great idea! I love the Oprah picture by the way haha.
Thanks Michelle. Glad you like it. I did too!
Wow that’s a huge increase in dividend income from last year! I wish you and your portfolio all the best in 2018.
Hey Troy. Thanks alot! Wish you all the best as well.
Great month PCI! And Congrats on breaking records and achieving your goals. You have very impressive passive income streams. Keep up the great work! 🙂
Hey dynasty. Thanks alot. Looking forward to seeinf what the solar panels do once they arent snow covered. Unfortunetly its been around -20 to -30. Haha.
Time to see how you did!
Magnificent! 1k in passive income is great. Your passive income in 2017 is awesome too. Something I should try to follow. You mentioned adsense as a source of passive income. I barely manage few cents a month. I don’t think I can treat it as an additional source of income. I am still interested in investing in solar farms.
PCI rocks! WTG!
Haha pci rocks….. thats great. Made me laugh. Thanks geek. 2017 has been good to us. Ahhh adsense is a set it and forget it thing. Dont cut it up too much though. I think adsense brought in 20 bucks last month and the site is bringing in more traffic each month on average. The solar farms are worth looking into, always nice to have some diversification in assets.
Congrats! You had a heck of a year! Bringing in new passive income streams as well as increasing dividends. Over 1k% growth? That is amazing. Here’s to 2018 and keeping that streak going!
Haha well put. Thanks daze. All the best in 2018!
Dude, that’s a HUGE increase y/y and way to hit those revised goals!
Also, congrats on the first google adsense payout and here’s to many more!
Hey time. Thanks. Wish you all the best in 2018.
Such a successful year! Congratulations! Looking forward to hearing about how those solar panels treat you during the spring/summer.
What a nice way to finish the year! Good luck with the upcoming baby!
Hey income. Thanks alot looking forward to meeting her.
Congrats on a successful month PCI. Definitely a strong way to finish 2017. I’m excited that you’re having a new girl on the way soon and I hope that goals well. Looking forward to following your progress in 2018. I have been hesitant but I might also look into monetizing my blog. We will see. But, even at $100, every little bit helps.
Hey port thanks alot! I love following everyones journey. Just keeps ya motivated! You definitely should start monetizing. Why not! Ads are all over the place online and you get so used to them, you barely notice.
All the best in 2018!
PCI, these results are amazing. Congrats on the dividends, the extra income added via drip, the adsense payment…you get it! What a way to end 2017. Enjoy the momentum you are rolling into 2018 with. Happy Holidays and Happy new year to you as well!
Hey Bert thanks. Yeah its pretty sweet getting this income from multiple sources.
Nice! That is some extra income in the last month of 2017. Keep that snowball rolling 😉
Hey cheese. Thanks! Will do.
PCI, congratulations on the earnings!!!! Great that Google paid you too. Keep up the good work! Happy new year!
Thanks Pell! Always nice making a extra buck. All the best in 2018!
Looks like you had a strong finish to 2017. Soon your life will take on a different meaning with the addition of your girl this month. It will be great. Keep those dividend rolling in and keep posting. I’m always happy to find a new addition to our online DGI community and as you stated the support and encouraging we give each other is really amazing. Nice to see Google paying you some $s too! Look forward to your 2018 progress.
Hey div thanks. Yeah 2 kids will be crazy….. look forward to the baby stage again though. Cheers man!