Thursday, 31 December 2015

2015 Goals in Review

    This year has felt as if it zoomed by, and even though the year is just about gone I am very happy with the progress I have been able to make. With continuing to work on this blog (and Twitter), building my portfolio and at long last starting a career in banking!

Here is a recap of my 2015 goals.
1)  $1,200 in yearly estimated dividend income.
2) Achieve a savings rate of 40% or higher.                              
3) Regular posting of update and informative articles(1-3) month.   
4) Complete partially finished 2014 articles!
5) Thank you to all my readers, regular and new!

Tuesday, 29 December 2015

December 2015: Dividend Update!

    With December coming to a close, 2015 is going with it as well. I am very happy to once again to be posting about the dividends that I have received this month, as well as looking back over this years progress. Seeing the dividends get deposited into my brokerage account always makes me smile, and I get an even bigger smile at the end of the month every time I see that the months dividends have out paced the previously comparable month. This December was no different, with the months dividends once again pulling ahead!

Friday, 18 December 2015

Next Buy Watchlist: December 2015

With my last Watchlist in September I focused on consistent, steadily growing quarterly dividend payers within the financial sector. The big Canadian banks and insurance companies. Which of those companies, I bought my first shares in Manulife Financial, read about it here in my Recent Buy post.

    Recently, with my last purchase of Dream Office REIT I went for high yield, monthly income. This time around though I am so far still contemplating on what I want to buy next. While I am hunting for income and yield, I do also want to plan for the future with dividend growth stocks.

    In particular, I am looking to build singular positions to a size where dividends are able to DRIP a stock per payout, as well as try to diversify investments within my TFSA portfolio. Currently, I want to have my portfolio heavier on REIT's since within the Tax Free Savings Account their high income through distribution is not taxed, so for the most part I think I am about where I want to be on REITs. Making it the ideal account for Canadians to hold REIT's in, read my overview on the TFSA for more.

Saturday, 5 December 2015

November 2015: Income & Expenses

    November was a busy and exciting month for me, particularly with leaving my job at Starbucks slinging coffee for the past two and a bit years to starting a new career at one of the big 6 Canadian banks. So baring that in mind, I actually had pretty good hours that month, having been given more hours to assist in the training of several new hires.

    Going forward I am looking forward to earning more each month due to a higher income. Also my continually higher dividend income will keep me moving ahead as I keep adding to my portfolio, and some of those great companies keep growing their dividends.

Tuesday, 1 December 2015

November 2015: Dividend Update!

    Writing about my monthly dividends is one of my favourite posts to write about. I think most dividend bloggers would agree if you ask them which post is the easiest to write as well. If not only because you write about the money you make while not working. And it is also fun to put together, tally up and compare the results from previous months.

    I also really enjoy watching the steady upward progression of my dividend income. Whether it be through actively adding more stocks, or new position into my portfolio, or the companies which I already hold raise their dividend payouts. For instance, this month my dividend income increased for both of those reasons!