Dividend Income – Aug 2018 Update
As you may recall, we spent most of August in Denmark. While we were away, my parents were nice enough to look after our garden and take care of T Cat. When we got back …
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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Can you FIRE with low income?
The other day I was flipping through the community recreational booklet and noticed discounted annual passes that are available to low-income families. According to Statistics Canada below are what qualifies as low income: Numbers of …
The Problem with Dividend Investing – Creating a Dividend Scorecard
Although we have been investing in dividend paying stocks for over 10 years, we didn’t get serious into dividend growth investing until 2011. Since 2011 we have managed to grow our annual dividend income of …
The Misconception – Saying ‘Yes’ means spending money
The other day I came across this brilliant quote for the very first time. I read it over a few times and thought about how I could use it in my everyday life. Always say …
FIRE Canada Interview #7 – Do absolutely everything and never sacrifice or struggle at all.
A few months ago I started a financial independence retire early interview series where I interview Canadians who are either financially independent, retired early, or close to these key financial milestones. The reason for the …
Dividend Income – July 2018 Update
It’s hard to believe that July is over and August is already upon us. Time sure passes by when you are having fun! For the first half of July, Mrs. T, the kids, and I …
Random Thoughts from the land of Vikings
Mrs. T, Baby T.1.0, Baby T2.0, and I are spending a month in Denmark visiting family and friends. This is my 7th time visiting Denmark and the country is feeling like a second home to …