It’s become a very common theme in the F.I.R.E. community to discuss multiple streams of income. Many believe that you simply must make income while you sleep or you will work forever and never be able to unlock an early retirement or even just a life free of stress related to your personal finances. So […]
Continue ReadingNet Worth Update – April 2020
Welcome to the FindependenceCanada April 2020 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 ReadingIs there room for enjoyment in investing? Even at the expense of progress?
Greetings all, and welcome back to FindependenceCanada! In our lives we’re always making transactions, every time we eat there’s a trade off of what we know is good for us and what our favourite foods are – there’s usually a common ground between what’s good and what’s enjoyable. In the gym, we could follow that […]
Continue ReadingOur Findependence Portfolio’s updated! -Apr. 4, 2020
Welcome back everyone, we’re back here today to do an updated look at our Findependence Portfolios. This is our first update since February 2020, if you missed that post you can check it here. Also, we won’t go over all of our transactions in this post but if you’re looking for what we’ve purchased during the […]
Continue ReadingPassive Income Report – March 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. (More on our goals and the tax advantages of Canadian dividends in future posts). For reference, I received my first ever dividend […]
Continue ReadingDividend cuts – A reality of the situation
It was bound to happen. Dividend slashing season is upon us. We’ve been preparing ourselves for this for the past month or so now, ever since it became apparent that the Coronavirus was not something we were going to simply talk out of existence. For the time being we’ve now received 2 cuts, and to […]
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