Dividend Income – April 2023 Update
It’s time for one of my favourite topics to write – monthly dividend income update! For those of you that are new, we became very focused on dividend growth investing strategy in 2011 after reading …
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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Does it make sense to invest US dividend stocks in TFSA?
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 …
2023 Goals and Resolutions – Q1 Update
Long time readers will probably remember that I have been setting goals and resolutions since 2019 and posting quarterly updates to keep myself accountable throughout the year. 2023 was no different. At beginning of this …
Dividend Income – March 2023 Update
Hello everyone, welcome to another monthly dividend income update. I have been writing these monthly dividend income updates since I started this blog back in July 2014. Why do I keep writing these monthly dividend …
Make sure you know what you’re retiring to
When I think about retirement, I have never pictured myself sitting on the beach drinking pina coladas daily. That’s not how I picture retirement. I could sit on the beach for a few days but …
2022 Financial Review: Core Spending $40,563.19 CAD & Net Worth +9.14%
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 …
Dividend Income – February 2023 Update
Wow, hard to believe it’s March already. Where did the time go? February was one heck of a BUSY month for me. A couple of weeks after returning from Denmark, I hopped on an airplane …