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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What is a status symbol? According to Investopedia, a status symbol is generally an object that signifies its owners’ high social and economic standing. So things like luxury cars, designer clothes, McMansions, fancy watches, latest …
For me, it felt like September disappeared in a blink of an eye. This was probably because I spent over 2 weeks in Taiwan for business, including spending 4 days in a quarantine hotel. For …
I’ll be turning 40 later this year. Since I am very much enjoying my full time job in high tech and finding it mentally challenging, I have no intention of quitting and “retiring” any time …
Unless you’ve been living under a rock, you probably have heard that the global stock market has been on a downward spiral. Yup, the bear has entered the room and many of us are seeing …
I have always enjoyed receiving emails from readers and connecting with like-minded people. Recently a reader asked me the following question: Does it make sense to take advantage of the $2,000 RRSP contribution buffer and …
Wow, it’s hard to believe it’s September already, summer is in the rearview mirror, and our kids are back in school. I guess that’s what happens when you’re having fun. As usual, before we dive …
Ahh, the age-old debate… dividend investing vs. index investing. Is one better than the other? Well, like any good debate, there are many of evidences that can support both sides of the argument. For example, …