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 $6,000 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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Although I grew up in a household where my dad retired in his early 40s and a couple of my cousins reached financial independence and/or retired early in their 40s, I had never really put …
Wow, the stock market sure has been volatile lately. The retail sector is taking a big hit, just take a look at Target, Walmart, Amazon, and Costco. Ouch! Should you hoard cash and wait till …
Welcome to another monthly dividend update. Since I started this blog in July 2014, I have been posting these updates each month. It’s hard to believe that this little blog has been in existence for …
Lately, I have received many emails from readers asking about foreign withholding taxes. Some readers are wondering where they should hold US stocks that pay dividends, while some readers are wondering if it makes sense …
I have been publishing updates on my goals and resolutions since 2019. In many ways, this practice has kept me accountable and helped me to stay focused on tasks ahead. Last year, due to the …
In recent years, there are more and more new and innovative investment products available to Canadians. These new products, mostly in the form of ETFs, typically have low management fees and provide excellent sector and/or …
Lately, the talk of the town seems to be the rising interest rates. Earlier this month, the Bank of Canada raised the benchmark interest rate by whopping 0.5% to 1%, making it the biggest rate …
