Tawcan is a Canadian personal finance and dividend investing blog that chronicles my quest for financial independence and joyful life.
I started this blog to show it is possible to achieve financial independence as a single-income family with two young kids while living in Vancouver Canada, one of the most expensive cities in the world.
My wife and I started building our dividend portfolio in 2011 after a financial epiphany.
Today, the portfolio generates over $5,400 in dividends per month. We originally dreamed of becoming financially independent and living off dividends by 2025. Although we could live off dividends by supplementing it with a part time income in 2025, we aren't in a rush to cross the so called "finish line." Therefore, we are taking it easy and we plan to realize the dream of living off dividends before 2030.
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Last week I shared stories and pictures from the first three days of our eight-day Iceland trip. Iceland is a beautiful country. As tourists, we must respect the locals and this beautiful country by always …
We have heard a lot of amazing travel stories about Iceland. For many years, Mrs. T and I have talked about visiting Iceland. The closest we had gotten was a quick transfer at KEF airport …
When we started our financial independence journey, we set a goal of becoming financially independent via dividend income by 2025. Why did I pick the year 2025? Because it was far out there and it …
When you look at the TSX composite, you will notice that the financial and energy sectors make up a large percentage of the index. In fact, the financial sector constitutes over 30% and the energy …
Why is dividend investing an attractive investing strategy? The main attraction, I think, lies in the idea of living off dividends, being tax-efficient, and not touching your principal. By not touching the principal, many investors …
Earlier this year, I discussed three key reasons why we don’t invest in GICs and have no plan to invest in them any time soon. After reading that article, a few readers asked about Canadian …
We are hybrid investors. This means we invest in both individual dividend paying stocks and index ETFs. We are doing that because we want to construct our own ETF that can generate a steady dividend …