A new month and a new exciting Liquid Net Worth and Income Update! I reported my first cryptocurrency income in my May 2021 Monthly Report.
In addition to my cryptocurrency stocks (ETHC & DEFI), I also invest in some exciting ETFs including HBLK which is a Blockchain ETF. Take a look at My Exotic Series of the Best ETFs in Canada to know what ETFs I buy.
I got into buying cryptocurrencies and stablecoins just before the crash so it hurts a bit but fun, educational, and entertaining. If you’d like to know how to start read my Complete Cryptocurrency Purchase, Exchange, Wallet, and ETF Guide.
June was another busy month where I finally could have some great progress in my financial cleaning up process. Feel free to read more about my journey from the beginning and how we started from zero just years ago by reading my post here.
You can also find my first ever income report here Jan-Feb 2021 Net Worth and Income Update. In addition, previous months report are here.
Extra Side Hustle Income Report (UNKNOWN)
True! I don’t really know how much I made from side hustle income in June. Please don’t yell! I was busy and didn’t keep track of my other income. Also, there was nothing extraordinary in June worth mentioning. I acknowledge, this is a setback but my focus wasn’t on referrals.
Similar to May, My eBay business didn’t make an income in June sadly. However, I sold 2 more items by end of June which hopefully will receive the sale income in July.
Did you notice my new fancy support “Buy Me a Coffee” icon on the top and bottom corner? I might stick with a no Ad business model and hope for your generous sponsorships. I also accept money by Wealthsimple Cash $Babylon or $ETH $USDC 0xA2FA6728282d8c9f98a9fb1E4e906A294EbDEF06 .
In April and May, I made $40 from LEO Surveys (Leger Opinion) by spending little time doing some surveys. Feel free to use my LEO Surveys Referral Link to sign-up and start racking up some extra cash. I am hoping that I can cash my 3rd $20 in July.
I also finished a 2 hours vehicle research with a $200 gift card promise which I haven’t received it.
Wealthsimple Cash referrals dried up as well. I was hoping to get more cashback in June but unfortunately nobody signed up. I am still thankful for the $220 I received in the past. You can read my Complete Wealthsimple Cash review and Guide.
Wealthsimple Cash $25 bonus is still going. Sign-up before the $25 is over and start inviting your family and friends to make some fantastic easy money. No deposit is required. You get the $25 as long as you never had a Wealthsimple Cash which is different than a Wealthsimple Trade account.
I love STACK and use it when abroad for free ATM withdrawals and no Foreign Exchange but STACK didn’t have much success in dominate Canadian P2P transfer system. Let’s see if Wealthsimple succeed.
When it comes to Cryptocurrency, I had another approved referral to Celsius Network which made me $40 USD in Bitcoins. I took advantage of Celsius special offer (Expired) and received $650 in Bitcoins which is currently locked for 90 days. I will report this amount when it is unlocked in September.
In April, I made $340 by applying to different credit cards and using GCR (Great Canadian Rebates). I think every Canadian should be a member of this site. You can sign-up using my GCR Referral Link. Please note that GCR asks for a referral email which is [email protected].
Current Non-Chequing Accounts
There have been some fantastic moves on my non-chequing accounts which are:
- Girl A & B’s RESP is now completely in Questrade Robo account
- My RRSP and TFSA accounts are now completely in Wealthsimple Trade. I had some portion inside Questwealth which are now moved to WS. Amazingly, Wealthsimple covered the ridiculous transfer fees ($173 per account) charged by Questrade.
- I am ditching HISA. My new emergency fund is $TCAD (True Canadian Dollar) inside Crypto.com.
I will write a review about Crypto.com but I am in LOVE! 8% for flexible earn or 10-12% for 1 or 3 months plans. I also applied for Crypto.com credit card and in 2-3 months I will have unlimited lounge access, covered Spotify and Netflix, and 3% cashback in $CRO on 90% of my purchases.
Honestly, CeFi (Centralized Finance) is as awesome as DeFi (Decentralized Finance) and both are making TraFi (Traditional Finance) looks so ugly (For now at least)!
I love WealthSimple Trade. It is really simple with no commission. I feel much better by saving the trading money and do my own DRIPs. However, I do my research and check technical via Questrade. The combination has been working great.
Wealthsimple Trade is Canada’s first $0 commission App.
Please sign-up using my referral code 8RR_5G to receive your free $10 to trade.
To get up to $250 or a free month in Questwealth, please use my Referral QPass 646713816388276.
| Bank | Type | Account | Value | Owner |
| Questrade | Robo | TFSA | $78,271.14 | Mrs. Dreamer |
| Questrade | Robo | RESP | $45,342.29 | Girl A & B |
| Tangerine | HISA | HISA | $1,396.91 | Mr. Dreamer |
| Meridian | GIC | RRSP | $14,601.82 | Mr. Dreamer |
| Meridian | GIC | TFSA | $6,459.08 | Mr. Dreamer |
| Oaken | GIC | LIRA | $21,824.67 | Mr. Dreamer |
| Oaken | GIC | RRSP | $21,513.93 | Mr. Dreamer |
| Oaken | GIC | TFSA | $44,496.2 | Mr. Dreamer |
| Wealthsimple | Trade | Personal | $12,435.74 | Mr. Dreamer |
| Wealthsimple | Trade | TFSA | $29,309.74 | Mr. Dreamer |
| Wealthsimple | Trade | RRSP | $51,187.62 | Mr. Dreamer |
| Cryptocurrency | Crypto | Personal | $36,549.02 | Mr. Dreamer |
As you see, there is a new addition to the chart, Cryptocurrency. This will keep growing but I will be very transparent with my reporting which I think what you are interested in seeing.
Current Net Worth & $8,696.18 MoM Liquid Net Worth Increase
Our Net Worth grew to $366580.21 by July 1st, 2021. This is a $8,696.18 or 2.43% MoM increase. A good portion of the increase came from the market appreciation with the rest from my 9-5 income and other incomes savings.
Looking at the chart, I love how we were blessed to increase it by 31% Year over Year (YoY) or $87,065.
Dividends & Savings Accounts Income
Since January 2021, I started calculating our income from dividends and savings accounts. You can also find my previous monthly Money Reports here.
I will not report detailed stock or ETF income here till it becomes more meaningful which will be Q1 2022. However, if you follow my journey on Twitter, I post whenever some interesting dividends land in my account.
With this, I go to bed! $4.38 from $GWO.TO pic.twitter.com/dyQK92ATrf
— 💵 Mr. Dreamer 🔥✈ 🇵🇸 (@AVibrantDreamer) July 1, 2021
Here are the numbers for 2021. Total 2021 income is sitting at $3,304.72 and I am on track to reach my goal of $1000 passive income. Currently, my average monthly income is $550. Six more months to go!
| Month | Dividends | HISA & GIC | Cryptocurrency | Total |
| Jan 2021 | $571.03 | $206.14 | $0.00 | $777.17 |
| Feb 2021 | $40.28 | $295.02 | $0.00 | $335.30 |
| Mar 2021 | $305.00 | $510.29 | $0.00 | $815.29 |
| Apr 2021 | $78.22 | $256.49 | $0.00 | $334.71 |
| May 2021 | $164.77 | $259.35 | $20.30 | $424.12 |
| Jun 2021 | $289.38 | $216.48 | $113.07 | $618.93 |
My current annual dividend yield is 4.53%. This number will fluctuate as I keep progressing toward direct market investment.
Cryptocurrency Income
I am earning Cryptocurrency and Stablecoins income from 4 channels which are Nexo Exchange, Cake DeFi, Celsius Network, and my newest addition Crypto.com.
Here is a screenshot of the promotions I received by investing $600 USD in Celsius.
I swapped my $DAI and $USDT (Tether) with $CRO to stake for the Crypto Visa Debit card. I also bought more $CRO tokens and planning to increase my investment to $5000 to get the higher tier credit card.
My holdings are 70% Stablecoins ($TCAD and $USDC) which track CAD and US Dollars and not impacted by any Crypto craziness. The rest are Cryptocurrencies like $MATIC, $BTC (Bitcoin), $ETH (Ether), $DFI (DeFi Coin), $CEL (Celsius), $NEXO (Nexo), $BCH (Bitcoin Cash), $CRO (Crypto).
Don’t laugh but I recently discovered a new feature which is called Supercharger. I put my extra $CRO there and received 46,000 $SHIB tokens. They worth less than $1 in total so it is more like a game to see what happens with these useless meme token!
I am currently $281.88 or 0.78% in green for my Crypto investments. Don’t forget that I started at the worst possible time so this could have been a lot worse. I feel lucky.
Liquid Net Worth and Income Update Summary
To summarize, I didn’t count my side hustle income in June. However, I had a sweet increase in my dividend and other savings income comparing with previous months. I am moving forward with my cryptocurrency investment and ditching traditional banking systems.
My dividend income will keep growing along my Cryptocurrency income every month and I hope by the end of this year, my income from these sources surpass $1000 monthly.
Thank you for reading and let me know if you have any questions or feedbacks.
Great job on the net worth increase and dividend payments this month.
Thank you so much.
Seems you are a huge fan of cryptocurrencies 👏😁 but it’s too speculative for me, I concentrate on dividends only 💰💸📈 Good job for the net worth for you and your girlfriend + on the dividends! Cheers buddy !
Thank you! Appreciate your kind words. Cryptocurrency is a risky game but it is risk versus reward. Also, most of my holdings are in Stablecoins which are same as holding USD or CAD but instead of 1.25% interest rate in EQ, I get 8.88-12% interest so it is a win. Of course, there is a risk as there is no CDIC insurance.
BTW, Mrs. Dreamer was upgraded to wife from girlfriend since 2008 🙂