Growing dividend income
Over the past number of years, we have been slowly building our passive income, in particular, dividend income, so that one day our annual passive income is greater than our annual expenses. When this happens, …
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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Random thoughts – Asia travel edition
I have been on the road in Asia for the past 10 days and by the time this post goes live, I will be in the air, on my way back to Vancouver. For this …
Dividend Income – May 2018 Update
I’m currently in Taipei, Taiwan and I’m checking out many of the different Taiwanese dishes ranging from beef noodles soup, stinky tofu, egg roll pancake, minced & braised pork on rice, and many more. I’m …
Another year, same old same old
Yesterday, we saw a worldwide sell-off caused by instability in the Italian political system. Somehow, investors were extremely worried that a repeat election in Italy, the Euro zone’s third-largest economy, may cause Italy to eventually withdraw …
FIRE Canada Interview #5 – Create a long term plan
I’m flying to Asia today for a 10-day business trip. On my last Asia trip, I managed to sit in Air Canada’s premium economy both ways. It sure was nice considering we had to do …
Financial Independence Travel Inspirations
It’s Victoria Day today (or as many Canadians call it, the May long weekend). The May long weekend typically is a sign that summer is around the corner and we will start getting lots of sunshine …
A dying person’s last words…financial independence retire early is nonsense
You’re probably wondering what this post is about, especially given the weird title. But first, let’s ponder over a hypothetical question… Would you accept this job offer? Working from home, flexible hours Working with people …