My Own Advisor
Sep 24, 2024 · How much do you need to retire on $7,000 per month? In previous posts on my site, I highlighted how much you need to save to retire on $5,000 per month AND $6,000 per month. I’ll link to those detailed case studies at the end! Personally, I think spending $6,000 per month, after-tax, is a….
Top Canadian Dividend ETFs - My Own Advisor
Jul 29, 2024 · Top Canadian Dividend ETFs Summary. There are certainly many other Canadian dividend ETFs to consider, including ETF tickers such as PDC, CDZ, XDV however these ones float to the top of my list for my reasons above.. Whether you decide to own a Canadian dividend ETF or own a few individual Canadian stocks like I do, I think some of the following principles should apply as a DIY investor:
October 2024 Dividend Income Update - My Own Advisor
Nov 7, 2024 · To put this new monthy income update into perspective for future retirement spending: That’s averaging over $3,900 per month.; We earn almost $130 per day, every day, even in our sleep.; Compared to just last month, even with my minor BN purchase when I add that to the other changes/dividend income increases that pushed our annual income over $500 higher per year moving forward.
How I built my dividend portfolio - Dividends - My Own Advisor
May 27, 2024 · Step #1 – Consider using dividend metrics. Passive dividend income is great but rising dividend income over time is even better. This means I don’t just blindly buy companies that pay dividends. I have used key screens and metrics to determine my portfolio holdings. Here are some popular ones: 1.
February 2024 Dividend Income Update - My Own Advisor
Mar 5, 2024 · Welcome to our February 2024 Dividend Income Update. As many readers will recall, we continue to follow a hybrid investing approach for over 15 years now, around the same time I launched this site (give or take a few months): We invest in Canadian and U.S. dividend paying stocks – that provide income growth. We invest in low-cost equity ETFs ...
How We Invest - My Own Advisor
Jul 2, 2024 · How We Invest as of summer 2024. So to recap, how we invest for the last few years including how we’re investing today: We keep a bit of cash as our emergency fund. We invest in many Canadian (and some U.S. stocks) for income and growth. We invest in a few low-cost ETFs for growth. We don’t own any REITs.
Top Free Retirement Calculators - My Own Advisor
Apr 25, 2022 · Asset decumulation can be an entirely different matter – which is where some top free retirement calculators (and related sites) might help you out!. Read on to learn about resources that I like and have used in the past, in today’s post. Top Free Retirement Calculators. There are many reasons why asset decumulation or …
My Top-5 Stocks - My Own Advisor
Aug 27, 2024 · 5. Canadian Natural Resources (CNQ) Move over Bell Canada, Enbridge, Bank of Montreal, Emera and other stocks competing for the top-5 position: Canadian Natural Resources (CNQ) is now firmly in the top-5 as of summer 2024. Following the stock split and rise in share price, CNQ continues to be a stock on the rise in my portfolio.
The Best All-in-One Exchange Traded Funds - My Own Advisor
Apr 25, 2023 · iShares All-in-One ETF solutions. These XBAL and XGRO iShares funds are designed to compete with VBAL and VGRO above and are some of my favourites to consider owning. (All images from iShares Canada’s site.) XBAL. A fund of 8 iShares funds. Management fee of 0.18%. Designed as “traditional” balanced fund of ~ 60% stocks, 40% fixed income ...
September 2022 Dividend Income Update - My Own Advisor
Oct 11, 2022 · To put that income into perspective: Almost half of that annual income is tax-free for future retirement spending and fun. Our forward dividend income continues to rise every month thanks to those reinvested dividends inside our TFSAs, thanks to many dividend increases during the year, and the odd, small strategic purchase.; A few months back, I predicted we would easily surpass at least ...