Today we’re going to do a run down of one of the best tools I’ve ever found to help you along your Financial Independence Retire Early journey. So most of us who have stumbled upon the FIRE community have also heard of the “Trinity Study” and more commonly known “the 4% rule” right? If you’re […]
Continue ReadingNet Worth Update – January 2021 (+8k)
Welcome to the FindependenceCanada January 2021 Net Worth Update. This is where we track our monthly updates on our quest to a One Million dollar net worth and beyond. We have worked diligently over the last few years to go from having a negative net worth to the position we are in here today, and we hope that […]
Continue ReadingHow to balance yield with growth in our dividend portfolio.
Today we’re going to talk about a subject that I’m sure is on a lot of people’s minds, especially those of us who feel we fall under the title of a “dividend investor”. This topic is the balance between getting a good yield in your portfolio while also receiving the two types of growth: dividend […]
Continue ReadingWhere our Dividend Portfolio is headed in 2021 and the steps we’ll take to get it there.
2020 was an absolutely crazy year, definitely the most volatile year in the stock market for most current investors – at least those who’ve started within the past decade. Our portfolio, like many others was all over the place. We experienced huge capital losses in the spring only to rally for a majority of the […]
Continue ReadingDecember Spend Report – (Cashflow of $13k)
Hello all! and welcome back for our last spend report of 2020. December was another higher than expected month for us, further highlighting to us how important it is that we track our income and expenses. Our goal for tracking along with these spend reports was to live our lives as normal – not changing […]
Continue ReadingPassive Income Report – December 2020
Throughout these updates we will go over the previous month’s dividend income, as well as our rolling 12 month projected dividend income and our progress towards our goal of having $50,000 in annual passive income. For reference, I received my first ever dividend payment in December 2017, and I immediately realized that they needed to be a prominent […]
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