Reader: "Our annual dividend income is currently $208,644 and continues to grow. I think it’s pretty safe to say that we will never run out of dough and will most likely leave a nice inheritance to our kids & their families."
I guess dividends matter? 😎👀
August 2024 Dividend
On TFSAs: just do it in 2024 folks. But only have one TFSA. Ideally a self-directed one. Sure, you can have multiple TFSAs but why bother. Too much to track. Just keep it simple. Own one and max it out if you can. My
#TFSA
TED Talk.
This new TFSA account makes no sense....how is this new account any better than just boosting the existing
#TFSA
contribution room; when some folks don't know how to use it, leverage it, let alone save with it for a house down payment? Sigh.
Fortis $FTS just raised quarterly dividends by 4.20% to $0.615/share.
Some experts say cash is king. Nope.
I say cashflow is king. 💰
Have a great day!
@DividendGrowth
Use your TFSA as a retirement account.
Max it out if you can as priority
#1
.
Use your RRSP as a retirement account.
Max that out if you can as priority
#2
.
Rinse and repeat until financially independent.
Working on my latest dividend income update. Crazy to look back and see how far I've come. 10 years ago, I just wanted to learn what the heck a
#dividend
was and why it could matter. Tonight, as I write this post, another milestone is just around the corner.
@ScottTerrioHMA
Wow. Someone should tell them after 10-years at 7%; investing that $1,873 per month would be over $300,000 in the bank.
I'm sure it's a nice truck though ⛽
So many utilities beaten up: $CPX $EMA $FTS $BEPC $NPI $AQN.
Same goes for $SO and $NEE in the 🇺🇸.
Reminds me of O&G sector a few years ago.
Unloved. Great time to buy.
Oh boy, this will get some folks fired up.
Apparently Vanguard knows
#dividends
matter as part of total returns.
Interesting. 😂
Dividends and the long-term benefits of diversification via
@FETrustnet
6% raise from $BIPC. 5% raise from $BEPC. 18% raise from $BLK. 5% raise from $BCE. 19% raise from $CNR. In the last 5 weeks.
@DividendGrowth
That helps fight
#inflation
.
How I built my dividend portfolio
@myownadvisor
Just insane. Does the stock market always go up??
Asking for a friend.
When can I get a correction to get more stuff on sale??
Asking for another friend.
I feel the DIY
#investor
has some natural enemies. Nobody wants you to save and invest on your own. Salesy financial advisors, money managers and insurance agents all want your money. Keep and invest as much as you can on your own.
Choose wisely.
My Ted Talk.
30-year mortgages are a terrible idea. Why don't we allow 10-year car loans? Maybe we should lower minimum payments for credit cards? This Conservative idea makes absolutely no sense.
#elxn43
#ElectionsCanada
I asked one reader recently for some of his holdings, # of shares owned...
#investing
"Hi Mark: My top stocks are ENB (21000), BN (12187), BAM (3066), BCE (9700), TRP (8950), T(8000), CU(10000) FTS(3200), TA(6350), EMA(3600)."
👀🤩
Looking forward to the rest of 2023 and then 2024 $CNQ
"...the Company enhanced its free cash flow allocation policy to increase returns to shareholders to 100% of free cash flow when net debt reaches $10 billion."
Likely $TOU will beat $CNQ to the special dividend.