2018 Goals and 2017 Review

The blog has fallen somewhat behind the past few months, and for good reason. In April 2017 the Baby Dividend Gangster (BDG) entered my life, and the past nine months has been a whirlwind tour of sleep loss, stress, laughter, tears, joy, and everything in between. But now that he is nine months old things are slowly stabilizing where I can start to focus on some of my other activities, such as this site.

The best place to start would be to review the 2017 goals, and see how we fared.

2017 Goals

Goal #1: Increase TFSA Contributions

My goal entering 2017 was to contribute at least $20,000 to my TFSA. I’m happy to say that I beat that goal by 35%, contributing over $27,000 to my TFSA. I had actually exceeded the goal by more than that, but had to take some money back out of the TFSA mid-year for some miscellaneous expenses, so my net contributions put me right back at 35% over my goal.

Goal: Exceeded!

Goal #2: Minimize Taxes

We met this goal during the mid-year write-up.

Goal #3: Rebalance my Total Fund to my Target Allocation

My targets are 55% equity, 20% real estate, 20% fixed income, and 5% cash. Unfortunately I didn’t meet this goal: I actually increased my equity position from 73% to 76% in F2017 — mainly due to the overall stellar performance of the markets. I’ll continue to work at investing new capital into fixed income and real estate through F2018 to meet my target allocation.

Goal: did not meet. šŸ™

Goal #4: Increase Passive Income by 5%

My plan was to increase total passive income across all accounts by 5%, to roughly $7,400 in F2017. Total passive income for F2017 came in at $7,700, beating the goal by roughly 6%!

Goal: EXCEEDED!

Goal #5: Update and Expand Investment Research

I was going pretty strong in my analysis by mid-year, but have slowed down since BDG was born. I’ve only published three articles since my June 2017 update:

All in all, I exceeded my goal, but I am not impressed with my slowdown the past few months.

Goal: Exceeded!

2018 Goals

So, where does that leave us for F2018?

As I said above, I’ve been lacklustre in updates the past few months (but for good reason!). I’ve also let most of my portfolio run on auto-pilot, and have been investing new capital straight into the Vanguard REIT, VRE.TO. My intent was to move excess cash into VRE.TO to increase my real estate exposure to support 2017 Goal #3. But whichever way you look at it, I haven’t been paying much attention to my investments as of late.

Goal #1: Re-focus on Blog Updates

As a target, I’d like to get back on track to publishing at least four updates per year (i.e. quartelry) on the portfolio. I’ve also got a backlog of ideas to write on, so I’d like to get those out as well. To that end, I would like to target at least 16 articles this year (one per month, plus an additional one per quarter for portfolio updates).

Goal #2: Increase Passive Income by 5%

This year’s passive income goal is $8,100/year.

Goal #3: Focus and Revisit Research

All in, my portfolio currently contains 52 individual companies and/or ETFs. Some of those I haven’t actually done research on, and some companies I have done research on but not invested in (e.g. Richelieu). Goal #3 will be to re-focus my analysis on the companies I own in the portfolio, and publish quarterly updates on each of those to stay current.

Goal #4: Publish the Dividend Gangster Dividend List

I had started in June 2017 with my initial post of dividend updates, but didn’t publish anything after that. The past year I have been compiling a dividend database for Canadian companies to help me in my research. For 2018, I’d like to get this list published on a periodic basis.

There you have it! It will be an exiting year to see how well I can meet those goals!

Onwards and upwards!


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