Growing your money by investing is great but what about taxes? How do we minimize taxes legally in Canada? Some effective ways to reduce your taxes so at end of the day more money goes in your pocket!
If you are visiting this blog, you are probably very interested in the dividend growth investing strategy. Many readers have reached out to me why we don’t forget about individual dividend stocks and just invest …
When we started our financial independence journey over a decade ago, we set a goal of becoming financially independent via dividend income by 2025. Why did I pick the year 2025? Because it was far …
Why is dividend investing an attractive investing strategy? The main attraction, I think, lies in the idea of living off dividends, being tax-efficient, and not touching your principal. By not touching the principal, many investors …
As many of you know, we deploy a hybrid investing strategy where we invest in both dividend paying stocks and index ETFs. This strategy provides us with a predictable monthly dividend income as well as …
Income tax is one of those unavoidable things in life. If you have a working income, you most likely will need to pay income tax to the Canadian Revenue Agency (CRA). Typically your employer will …
If you’re a long time reader, you know I love the TFSA. I believe everyone should treat TFSAs as a long-term retirement account, rather than a short term savings account. While TFSAs are a great …
When I interviewed Reader B a few years ago about his $360,000 dividend income and how he and his wife are living off dividends, he pointed out that they only invest in Canadian dividend stocks …