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 ReadingMonthly Spend Report – October 2020 (Better than we thought)
Welcome back to FindependenceCanada, today we’re welcoming you to another one of our spending reports where we break down our income and expenses for a given month. Today’s breakdown will be for October which was a pretty slow moving month all in all with the exception of our Canadian Thanksgiving that ran us a little […]
Continue ReadingPassive Income Report – May 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 […]
Continue ReadingOur Findependence Portfolio’s updated! -May. 26, 2020
Welcome back everyone, we’re back here today to do an updated look at our Findependence Portfolios. This is our first update since April 4 2020, if you missed that post you can check it here. This last 2ish month stretch has been a redemption story for our portfolio as we’ve seen quite a significant climb back […]
Continue ReadingHow to get your spouse to invest. – 5 simple steps that anyone can follow.
We’re your classic example of polar opposites – at least when it comes to money. When we first met we were on opposite sides of the spectrum when it came to just about everything personal finance related. I had a scarcity mindset when it came to money, I was scared to spend basically any amount […]
Continue ReadingHow much is enough?
Greetings, If you’re like us and keep up to date with the FIRE community online then I’m sure you’ve had this thought or conversation amongst your household many many times. “how much is enough?” Also, if you’re like us… you likely are made up of 2 different ideas of what enough is. Getting these thoughts […]
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