Staking & Dividends — Amateur Investing Report #20

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!

*Disclaimer: This is not financial advice and is purely for entertainment purposes. All my stock information is 100% accurate, but my crypto data may or may not be simulated*

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.

I cover my rules for investing here:

Here is the breakdown for my investing and budgeting templates:

Investing Spreadsheet Template Link:

Income Tracking Spreadsheet Template Link:

Budgeting Spreadsheet Template Link:

Below I will list everything for the monthly report:

I cover the recent stock buys I went through, share my portfolio breakdown updates, and share my thoughts on the current market. I haven’t invested anymore, but I did a lot of rebalancing. I am currently making about $213.45 a month from passive income mostly from stock dividends, crypto income, and some from music royalties. I’ve well surpassed my goal of $150 a month on average for 2021 which will effectively cover my portion of 3 utility bills.

My portfolio is roughly rounded to about 85% crypto, 10% stocks, and 5% in precious metals & liquid cash. While I’m still earning a great deal of crypto, I am not adding more to my positions and instead still saving up some money before I focus on maxing out my TFSA in 2022.

My total annual projected income from passive sources is $2561.43. $1,606.29 of those yearly profits are coming from stock dividends, about $876.93 are coming from cryptocurrency staking, I already earned about $16.38 from my RealT crypto tokenized real estate before I sold it, and $61.83 came from music royalties. My crypto income is about 2x higher than the last report now that I’m heavily focusing on it and the previous report was 3x the report before that. I will continue to aggressively build up my passive income generating crypto.

In my last update, my total portfolio value was $343,165 CAD. My current portfolio value with all my investments is $379,688. This is up about $36,300 from last month’s total value. While my portfolio continues to rise, I still think what we have seen is nothing compared to what is to come.

I earned $115.53 CAD from stock dividends, $0 CAD from crypto real estate, and $28.36 CAD from my last month of staking Hive, HBD, TRX, and MTR staking on Den.Social. In total, I have earned about $373.26 CAD from crypto and $1,361.39 CAD from stock dividends.

My portfolio in terms of stock sector breakdown is now 11% Utilities, 19% Insurance, 24% Banking, 19% Real Estate, 1% into an Investment Fund, and 26% into general ETFs. I always add $100 to my investment fund with Tangerine. Beyond that, I’ve just moved around my portfolio to balance out my yield. I mainly shrunk down my insurance stocks and ETFs. I sold out of any US stocks or ETFs I had to just purely focus on Canadian stocks. My goal is to average about a 5% yield on my portfolio and I’m currently at an average yield of 4.80%.

I was up about 6.20% on $3,000 worth of Bitcoin ETF growth stocks before I sold them and moved those funds into my dividend stocks. For my dividend stocks, I’m up 10.90% on my $36,571 worth of dividend stocks. This is down about 4% which is expected with the whole stock market taking a dive.

For crypto, my breakdown is now 1.5% LBC, 6.5% DASH, 1.5% BCH, 1.5% LTC, 54% ETH, and 34.5% BTC. This is allegedly valued at $306,738.87 CAD at the time of writing this. I still expect the run up to happen soon and anticipate massive gains in 2021 still.

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!