Financial Independence (FI) the most important part of Financial Independence Retire Early (FIRE).
Why is FI so important? Because being financially independence means that we can choose to work if we wanted to, not because we have to.
This blog is dedicated for chronicle our financial independence journey.
Last year, I asked whether we have enough to retire in 2023. After running some projections and analysis, it was clear that we can’t retire and rely on dividend income alone to sustain our current …
Let’s be honest here, inflation is real. Very real! Despite being as frugal and careful with our expenses as possible, we are seeing an increase in our living expenses; arguably, just like everyone else. Unfortunately, …
Recently a reader emailed me about a big windfall that he received. “Hi Bob, I recently received a pretty significant windfall… $5 million! To be honest, I’m not sure what to do. I want to …
Many Canadian investors know there’s a 15% withholding tax on US dividends. You can avoid this costly withholding tax if you hold US dividend stocks inside your RRSP, as there is absolutely no tax levied …
I have been posting our annual financial review since 2016. Originally, I wasn’t going to write about our 2022 financial review, but I was pleasantly surprised when a few readers reached out and asked why …
A new year means another set of goals and resolutions. Since 2019, I have been setting goals and resolutions at the beginning of the year and tracking them via a spreadsheet. I then provide quarterly …
We got serious with dividend growth investing after our financial epiphany in 2011. Since then, we have maxed out our TFSAs and RRSPs, and invested in our non-registered accounts with extra new cash every year. …