Time for another update on my investment portfolio and my passive income journey. In this episode, I cover my regular monthly update sharing what I invest in and why. This is amateur investing at its finest!
I share everything so you can follow everything I’m doing with 100% transparency. The point of doing all this is to show you that it’s possible and provide some sort of framework that can be followed. This isn’t financial advice, and you shouldn’t exactly replicate my investing. What you should do is figure out what works best for you and stick to the basics of dollar-cost averaging, investing in good assets, avoid liabilities, compounding interest, be frugal, buy low, and sell high.
Investing Spreadsheet Template Link: https://bit.ly/investingtemplate
Income Tracking Spreadsheet Template Link: https://bit.ly/incometemplate
Budgeting Spreadsheet Template Link: https://bit.ly/expensestemplate
Below I will list everything for the monthly report:
My new stocks investments in a few Canadian ETFs, namely VDY, FCCD, and XEI are up about 3.47% on average and doing well. I sold out of PDC and put it into VDY.
I am making an average of $219.47 a month from passive income from stock dividends, crypto income, and some from music royalties. I aim to get back up to my previous amount of around $250 as my next milestone. This year I hope to get up to $400 with crypto passive income given crypto returns to its previous all-time highs.
My portfolio is roughly rounded to about 73% crypto, 6% stocks, 3% in precious metals, and 18% in liquid fiat cash. My total annual projected income from passive sources is $2,633.61. $426.05 of those yearly profits come from stock dividends and about $2,204.73 comes from cryptocurrency staking. My focus has stayed pretty much the same as of late.
In my last update, my total portfolio value was $320,579 CAD. My current portfolio value with all my investments is $208,523. This is up about $112,056 from last month’s total value from April 1st. My highest portfolio value ever was around $395,000 which is about 47% higher than where I’m at now. While I took a massive hit and am nearly down by half, I still am confident in where things are going, and I’ve ridden out these cycles before. I’m mainly just grateful that I was able to build to over $200,000 of wealth in less than 3 years which is still a feat on its own.
I earned $18.24 CAD from stock dividends, $0 CAD from crypto real estate, and $157.31 CAD from the two months of staking ATOM and HBD. In total, I have earned about $911.80 CAD from crypto and $1,968.37 CAD from stock dividends.
My portfolio in terms of stock sector breakdown is just 100% into those 3 ETFs noted as I sold my PDC and INI Tangerine investment fund. I’m still working out my new retirement goals as I likely won’t retire by 30, but I’m still confident that I can retire before 35.
For crypto, my main breakdown between ETH & BTC is 55% ETH, and 45% BTC. This is allegedly valued at $129,399.13 CAD at the time of writing this. For privacy crypto, I have about $3,026.86 worth of XMR. For staking crypto that earns me passive income, I have about $12,474 worth of HBD, Hive, and ATOM. I have $4,387 worth of speculative investments with 93% in Rune and 7% in Binance Coin. Lastly, I have $4,685 worth of crypto cash in Dash, Bitcoin Cash, and BUSD. I swapped all my LTC for BCH.
Everything took a beating during the crash, which is unsurprising, but again, I expect us to start going back up again.
I’ve continued withdrawing fiat, buying precious metal, and getting emergency prep gear. Going forward I’m focused on saving money for real estate when the market turns around.
Was this helpful for you? What stocks do you invest in? Do you prefer growth investing or building passive income? Do you invest in cryptocurrencies that pay out regularly? Let me know what you think about this in the comments below and don’t forget to subscribe!
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Disclaimer: This is not financial advice and is purely for entertainment purposes. What you see, hear, or read is my personal opinion, and any statements made are based on my views and should not be misconstrued as fact. My crypto portfolio may or may not be simulated
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number_one_ham
Thanks for the post crash break down, glad you are staying in the game!
Always! The game is too hard to stop playing
Some Cryptos are holding up nicely…. Tron, Blurt and a few others….
Yeah for sure! How's your portfolio?
Congratulations, your post has been curated by @dsc-r2cornell. You can use the tag #R2cornell. Also, find us on Discord
Felicitaciones, su publicación ha sido votada por @ dsc-r2cornell. Puedes usar el tag #R2cornell. También, nos puedes encontrar en Discord