Dividend Income – August 2016 Update
Wow it’s hard to believe that it’s September already. This is the month that we will see Baby T1.0 starting preschool and the start of NHL hockey pre-season. It’s hard to believe that Baby T1.0 is …
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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Ask the readers: How do you tip?
I’ll be honest. Although I grew up in Canada for more than half of my life, I still don’t quite understand the concept of tipping. Tipping is not a common practice in Taiwan (or anywhere …
Where should I keep my dividend stocks?
When I first started as a Canadian dividend growth investor, one of the first questions I had was where should I keep my dividend stocks. Given all the different types of accounts available to Canadians, finding the most …
How a dumb credit card payment mistake cost me $61.03
Since gotten my first credit card many years ago, I have always followed my dad’s advice – use the credit card like a debit card and pay off the full amount at end of each month. Personally …
Why your perception of expensive is relative
The word expensive is an adjective describing something that costs a lot of money. What does it mean by “costs a lot of money?” I believe the word expensive is relative. Because our perception of what …
Schedule thinking time
I came across a brilliant tip the other day and thought I would share with all my readers. The tip is quite simple, it says that we should schedule thinking time. Schedule thinking time Look …
Parental struggles during vacation
I took the last two weeks off to spend more time with my family. We spent 5 days in the Okanagan and the rest at home. It was nice to spend more time with Baby T1.0, …