If you’re a Canadian investor, you may have heard that Canadian banks are great long term investments. Those of you who regularly follow this blog know that I love my dividends and if you look at my dividend income reports closely, you’ll see that the majority of my dividend … [Read more...] about Why Everyone Should Own Canadian Banks
5 Steps to Growing Your Wealth
Here are my 5 steps to growing your wealth. Many people struggle with their finances and never achieve the level of wealth and financial security that we all yearn for. Part of the problem is that, for many, they don't know where to begin. This post is designed to give you … [Read more...] about 5 Steps to Growing Your Wealth
April 2015 Dividend Income / Monthly Highlights
Here is my April 2015 dividend income report. April has been another great month for dividend income and we are on our way toward meeting our annual goals of increasing our net worth to $725,000, paying down our mortgage and hitting the $7,500 in dividends mark. I was excited … [Read more...] about April 2015 Dividend Income / Monthly Highlights
Net Worth Update May 2015 $700,276.97 (+0.79%)
Here is my net worth update May 2015. I like to track my family's progress through monthly net worth updates. To calculate our net worth, I add up all of our household assets and subtract any outstanding liabilities (ie. debt owing). The result is simply a snapshot of what my … [Read more...] about Net Worth Update May 2015 $700,276.97 (+0.79%)
TFSA Contribution Now $10,000! And Other Goodies in the Federal Budget
After weeks of delay the Federal Government finally tabled its budget and it is full of goodies for Canadians. I must say I haven't been a huge fan of this government but let's face it anytime a government returns some of our hard earned tax dollars is always a good thing. Here … [Read more...] about TFSA Contribution Now $10,000! And Other Goodies in the Federal Budget