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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Learning and Accepting Failures

Learning and Accepting Failures

Failures are unpleasant and unwanted experiences. When you encounter a failure, you may feel hopeless, anxious, have self-doubts, and even depressed. But let’s face it, failures are part of life. We simply can’t go through …

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How to determine if a stock is expensive or not?

How to determine if a stock is expensive or not

“Wow, this stock is really expensive at $500 per share. I ain’t going to buy this expensive stock.” “At $150, I’m not touching that stock with a ten-foot pole.” “I only look at stocks at …

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Dividend Income – May 2023 Update

Dividend Income - May 2023 Update

Welcome to a new monthly dividend income update.  These monthly dividend income updates are one of my favourite blog posts to write because they allow me to demonstrate that it is possible to build up …

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What if you run out of life? Save-Spend balance

What if you run out of life Save-Spend balance

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, …

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What to do with a $5 million windfall

What to do with a $5 million windfall

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 …

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