Vicki Robin’s and Joe Dominguez’s book, Your Money or Your Life, is a guide to financial independence. The post provides an overview of the book’s core principles, including: transforming your relationship with money, achieving financial integrity, and discovering what is enough. The book examines the societal pressures that lead people to overspend and overwork in pursuit of a lifestyle they often…
2024 Has Been A Banger. It’s Not Over Yet
As of earlier this summer, the stock market has been burning rocket fuel the last couple of years. The S&P 500 has soared by almost 57% from its lowest point in late 2022, while the Dow Jones and Nasdaq are up by around 37% and 77%, respectively, in that time. The TSX has lagged but it’s not a laggard in any…
Young Canucks, It’s Time to Escape High Taxes and Build Wealth Abroad While You Can
I’m a greying tail-end Generation X’er firmly in middle age. Many in my cohort are married with kids with mortgages to pay off. They have built a life and community here in Canada. They go to work during the week and rush to get dinner on the table and whisk their kids off to recreational…
How to Turn the Temperature Up this Summer on your Dividends
Before we jump in my financial results for June, let’s catch up on where I’ve been and what I’ve been doing. This month I kept busy traveling and working remotely in Sofia, Bulgaria and Tirana, Albania. My passive income and front loaded sacrifice has enabled me to dictate the terms on my work and a…
You’re not investing? There are NO more Excuses.
If I had a dollar for every time a friend told me investing was too complicated, too expensive, and too time consuming, I’d be rich. When I started investing some 20-25 years ago, there may have been excuses then for not investing. There were definitely excuses in the decades prior to my start in the…
One source of Income? WTF! You’re doing it wrong.
When putting together this post tabulating my February 2024 Dividend income something dawned on me. I already knew this but in writing this post, it stuck out to me like a black eye or sore thumb. If you’re relying on one source of income, you’re doing it wrong. In other words, like most people I…
Whopping 83.2% increase in May Dividends in 3 years
Yes, you read that headline right. Actually, I had to take a second and step back and check the numbers for myself. Since I started this blog, my dividends have been growing at a steady clip thanks to reinvestment of dividends and adding new cash to buy more stocks and index funds. Investors often talk…
How to Pack like a Pro for 5 months in Europe?
This past April I embarked on a 5 month journey to Europe: planes, trains, boats, and the occasional bus (and a whole lot of walking). I boarded a transatlantic cruse from Florida to Rome. The cruise departed Florida on April 7th and I arrived on April 19th with an aborted stop in Gibraltar, United Kingdom,…
Dividend and Total Return Investors are Right and Wrong
There is currently a debate raging online between die hard dividend investors and total return investors. I’m sure this debate has been raging since the dawn of time and will continue indefinitely. There is probably no end in sight but let’s dive in anyways. For those not initiated in the debate, let me provide some…
No April Fools’: How I made nearly $9,000 in Dividends
April 2024 was a huge dividend month for me. While that is worth celebrating, what really deserves celebrating is what the power of investing regularly and often with growing amounts of money over time, can mean for your life. In April, I set off on a 5-month travel adventure. While I’m still working remotely (for…