Our goal with this portfolio is to generate enough income to one day be able to live off of our dividends without the need for a full time job, thus making our working lives optional. We’re planning to achieve this goal by buying strong, stable companies with extensive histories in paying reliable dividends and even […]
Continue ReadingNet Worth Update – April 2021
Welcome to the FindependenceCanada April 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 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 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 […]
Continue ReadingOur 170k Dividend Portfolio – Sept. 23rd
Hello all and welcome back for another portfolio update! Today we’re looking at our dividend portfolios and how they’ve progressed since our last update a couple of months ago! Dividends are our absolute favourite form of passive income as they are truly very, very passive. Once we’ve purchased the shares there’s nothing left for us […]
Continue ReadingNet Worth Update – August 2020
Welcome to the FindependenceCanada August 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 […]
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