DividendEarner

@myownadvisor Borrow again but invest now!

Mortgage free!!! Now what??? myownadvisor.ca/mortgage-free-… via @myownadvisor #debt #mortgage

@genymoneyca Well done! Perseverance pays dividends

Made it to $35,000 in annual dividend income, next goal, $36,000. buff.ly/4brPBFl

@CDInewsletter I don’t believe nowadays there are forever hold stocks … it implies you are willing to lower your return expectations.

A really simple strategy I like more and more as time goes on: 1. Identify buy and hold forever stocks (like these ones) 2. Patiently wait until they hit 52-week lows 3. Buy 4. Repeat canadiandividendinvesting.beehiiv.com/p/10-top-canad…

@CDInewsletter You should call it what it’s like though. You quick work to run a small business on your own terms. You are still earning money from your newsletter, you just work for yourself and on your own time.

Lotta people on this app who didn't retire at 40 seem to think they know what it's like to retire at 40. To squash one of many misconceptions, I do not live in a van down by the river.

@TheDividendGuy I have the last two. The first one used to own a fair amount of ATD and i was concerned for a while that it rode the tail of ATD but they sold to acquire PJC.

Discover great Canadian low yield stocks even retirees will like... 🙃 None of the usual suspects this time though, no $ATD, $CNR, $TFI. Curious? ⬇️ bit.ly/49oxjV6

What's going on with Capital Power $CPX.TO? 📉😨 bit.ly/49CFYmE

@Tawcan I just pay cash. I am not getting a MC just for Costco

Looks like HSBC World Elite MasterCard will migrate over to RBC Avion Visa... but need a MC for Costco. What's a good card? Hmm...

December Dividend and Year End Results! dividendearner.com/dividend-incom…

@CDInewsletter Wait, is that what we are supposed to do in December? I thought being financially independent because of my stock portfolio meant I could just sit back and relax 😎 Enjoy the days and go ski ⛷️. I mean someone has to help the economy with spending 🛍️

Your periodic reminder that all the people writing 2024 stock market prediction pieces have no idea what's going to happen.

@CDInewsletter It doesn’t change the number whether you talk about it from gross or net. Because salaries are advertise as gross, I think it’s easier. RRSP contribution limit is on gross as well and that’s a saving rate in and of itself.

@DividendEarner I agree it is definitely harder for self-employed folks or contractors to figure out net, and maybe gross would be more suitable for them. It's a fun discussion. Merits on both sides.

The argument was with me, and I need to know whether I've been measuring this wrong all this time. Plz vote.

@damaaster Look at it this way, contribution by employers to a plan is on gross. If I talk to stranger, I would do math on gross because I would not know net. I don’t even know my net … If you budget like crazy everything you spend on. You know your net and probably use your net.

Okay, Twitter, solve an argument: When you talk about your savings rate or a target savings rate, do you base it on your GROSS or NET pay?

@CDInewsletter XRE doesn’t share your performance since inception … or 10 year. I am still not sold on REITs. I will continue to avoid them.

The TSX REIT index has been around since 1997. Average annual returns (from 1997 through April, 2023): TSX REIT index: 9.7% TSX Composite Index: 7% Love buying these proven wealth generators at a discount.

It’s live ! Dividend income for September. Check out the ratios across industries for my portfolio. dividendearner.com/dividend-incom…

@Lovey1973 So your solution is a go fund me plan until the next time … not sustainable. Looks like big changes are needed.

{NEW POST} 40 Financial Lessons in 40 Years Here's Part 1, the first 20 are related to investing: buff.ly/3ZuUWqL Any other 40 year olds+ have any investing wisdom to share that is not on this list? @myownadvisor @tawcan @dividendearner @retirebyforty @67dodge

Inflation kills, BOC keeps raising rates😒 Rates squeeze consumers, Banks are at risk, Retailers struggle😬 Yet, the market is up, and many stocks seem overvalued!🤨 How can you invest and protect your portfolio at the same time? Webinar this week👇 bit.ly/44Oc2RA

@myownadvisor @Tawcan @TheDividendGuy @DividendGrowth @DvdndDiplomats @DividendDaddy1 @DividendDynasty @FreedomFinLB My usual culprit that overlaps my RRSP but $GOOGL was discounted and backed up the truck at around $100.

@DividendEarner @Tawcan @TheDividendGuy @DividendGrowth @DvdndDiplomats @DividendDaddy1 @DividendDynasty @FreedomFinLB Our 🇨🇦 index is not diversified. Two sectors dominate. That said, I enjoy owning TULF stocks from Canada (telcos, utilities, lower-yielders, financials). Interesting call USD for TFSA. I assume growth stocks there?

We hold quite many stocks in our dividend portfolio. I took a look on what's the optimum number of stocks to have in a portfolio. tawcan.com/what-is-the-op… thoughts? @myownadvisor @TheDividendGuy @DividendGrowth @DvdndDiplomats @DividendDaddy1 @DividendDynasty @FreedomFinLB

@myownadvisor @Tawcan @TheDividendGuy @DividendGrowth @DvdndDiplomats @DividendDaddy1 @DividendDynasty @FreedomFinLB I gave up on diversification… first of all, it’s impossible to do in Canada. I decided to play offense instead of défense with one hand tied behind my back. I have 60% of my money in USD now. I am slowly buying USD for my TFSA and all RRSP is already USD.

@DividendEarner @Tawcan @TheDividendGuy @DividendGrowth @DvdndDiplomats @DividendDaddy1 @DividendDynasty @FreedomFinLB Another good example of some form of asset concentration for some DIY investors to juice returns. There is some risk of course. Not that you're Buffett - 😎 - but he is not diversified nearly as much as he preaches. myownadvisor.ca/weekend-readin…