Dividend Income – November 2021 Update
First of all, I want to apologize for posting the monthly dividend income update later than usual. Life has been a bit hectic in December and the last couple of weeks was filled with a …
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 are Canadian Depositary Receipts (CDRs) – Should you invest in CDRs?
It is always great to see innovation and new products in the banking and investing industry. A few months ago, CIBC introduced the Canadian Depositary Receipts (CDRs) on the NEO Exchange as a way to …
Tawcan Reader Survey & Giveaway!!!
Back in 2017, I conducted a reader survey to know more about readers. Four years later, I figured I’d do another reader survey to know those that visit and read this blog and see if …
National Bank Direct Brokerage Review – $0 per trade. Should I consider switching?
The National Bank of Canada recently made a ground-breaking announcement for the Canadian bank. It announced that their online brokerage, National Bank Direct Brokerage will offer no-commission trading. Why is this a ground-breaking announcement? Because …
Cashflows and Portfolios – Retirement Projections
The accumulation phase is a major focus within the financial independence retire early (FIRE) movement. People focus on how they can accumulate enough assets to reach financial independence and eventually retire early. But the accumulation …
Christmas plans+ Good Reads From The PF Community
First of all, I hope our American friends had a great Thanksgiving. Given it’s Black Friday in the US and many Canadian stores have started this tradition, happy bargain hunting. But remember, the best savings …
Dividend Income – October 2021 Update
Wow, I can’t believe that there are only two months left for 2021. Maybe time flies by quicker when one works from home? I have been working from home since last mid-March and there’s currently …