2020-03 Mailbox Money

Mailbox Money- March 2020

My investment philosophy is simple.

I have zero alpha.

I want “know nothing, do nothing” mailbox money.

March 2020 Mailbox Money

Asset

Ticker

$$$

% Total

Aggregate Bond

VAB

628

4.2%

Canadian Dividend

VDY

148

1.0%

Discount Bond

ZDB

928

6.3%

Interest

13,092

88.5%

Total

14,797

100%

Cumulative Mailbox Money

Month

2019

2020

January

10,329

17,295

February

26,294

29,166

March

32,239

43,963

April

49,742

May

55,856

June

64,013

July

71,546

August

73,229

September

81,357

October

95,968

November

101,828

December

107,264

My March 2020 passive income was 14,797. It was truly passive. I simply added it up. That is my idea of passive income.

The markets have been extremely volatile.

I will just update my numbers.

I sold ZDB this week, my discount bond fund. There goes another passive income source. Currently the high interest accounts have been hammered. Understandably. Liquidity will cost you. However it is much better than watching a 20K+ drop in my ZDB ETF. For any monies I want soon, it is best to keep it out of these bond ETFs. I prefer the bonds to form part of VGRO. This way I do not have to think about it.

It will be “interesting” to see how much my mailbox money drops during this period. I think it is a good thing for us to see this in action well before we retire. This will give us time to plan around shortfalls.

I am glad that I do not have to wear a mask and wash my hands after checking on my accounts. That is a bright spot….

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