Just like you, I struggled initially when I started as a DIY investor, but I discovered a dividend growth investing process that beats the TSX and generates a growing dividend income.
It’s actually quite simple when you step back and think about it.
Are You A Dividend Earner?
If you earn any dividend, you are part of the Dividend Earner nation!
You are not alone, and many DIY investors like yourself are looking to succeed with dividend investing.
Come along for the journey and keep on reading!
In 2009, I fired my financial advisor and took control of my investments.
Since then, I share my dividend growth investing experience along with my mistakes and learnings. Yes, it’s not a perfect journey and other DIY investors can learn from my mistakes.
Building wealth for retirement and financial independence is my goal, come along for the journey and learn with me. The details of my journey are
You too can achieve a growing dividend income with simple but effective tools in selecting your stocks.
Double your money in 5 years!
Compared with the 9.3% return of the TSX, I have had an annual rate of return between 12% and 15% since 2009.
No magic! It’s a simple dividend growth investing strategy. My portfolio is updated monthly.
|2||RRSP||16.56||2009||RBC Direct Investing|
|3||RRSP-S||10.69||2017||RBC Direct Investing|
|4||TFSA||11.22||2009||RBC Direct Investing|
|5||TFSA-S||15.65||2017||RBC Direct Investing|
|7||RBC||11.51||2009||RBC Direct Investing|
|9||RBC-S||7.95||2019||RBC Direct Investing|
Learn to build a Stable &
Growing Dividend Income!
While dividend growth investing is for accumulating wealth, dividend income investing is for the retirement days when you live from your income!
Follow the journey through the monthly dividend income reports.
Dividend income is a factor of your portfolio size. In other words, it’s your portfolio yield. My retired readers have statistically highlighted receiving a 4.5% portfolio yield.
Follow My Journey
From a small $45K portfolio in 2009 to over $1 Million today !!!
Everything you need for a successful investing journey through the high and lows of the stock market. Build confidence and learn from my mistakes and success!
Conquer The Investing Basics
Investing can be overwhelming and you are not alone if you feel that way!
While investing is important, I know there is a lot to learn when you start. You simply need to take your time and master the basics one step at a time. Don’t take too long though as time plays a big part.
One of the first decision many investors will focus on is choosing a discount broker to purchase investments. Following that, you will choose the account to hold the investment such as a TFSA or RRSP. The account selection is merely choosing how taxes will be applied to your investments.
Once setup with your discount broker, you need to decide on your investment strategy. Two popular strategies are Dividend Investing and Index Investing. However, to avoid any emotional decisions, which can be detrimental to your portfolio, you should establish investing rules. See my 7 Rules of Dividend Investing as an example.
Take Control – Invest with Confidence
Taking control means having confidence in your decisions.
As you get better, you will need tools to calculate your rate of return or decide how many stocks you should own. When building a financial plan, you will need to establish a desired retirement cost to target and decide on your asset allocation with a strategy to rebalance your portfolio.
Sounds simple but there is a lot to it. Take it one step at a time.
Master Dividend Growth Investing
Once you are in control, you should have a compass and it’s time to equip yourself for the journey.
There are phases to investing and the strategy for each phase must be carefully thought-out. I use a dividend growth investing strategy, but even then, the stock selection approach differs during the accumulation phase and the retirement phase.
Understanding the strength of the Canadian and US markets is also important for optimal return and that means being comfortable exchanging currency or buying ETFs for exposure.
Dividend Ambassadors – 10 Years of Dividend Increases with 10% Dividend Growth
Canadian Dividend Achievers – 10 Years of Dividend Increases
Canadian Dividend Aristocrats – 5 Years of Dividend Increases
S&P500 Dividend Aristocrats – 25 Years of Dividend Increases
Dividend Kings – 50 Years of Dividend Increases
We work, we save, and we invest to reach financial independence but what happens once you reach your target number?
As a dividend investor, the idea is that your portfolio generate the income to cover your expenses but then you also have taxes to account for. Which account to withdraw from can have an impact on taxes and your withdrawal rate.