What can help us to improve our investment strategy? No doubt, it will be learning from our own best investments. In our case it was an investment in Domino’s Pizza Inc (DPZ). I purchased 57 shares of Domino’s Pizza for $190 each back in October 2017. So we hold this investment for 4 years and three months. Our unrealized profit from this investment is 267%. Not bad for four years return. To make the deal even sweeter we received $712 in dividends. We can easily sell our initial investment of $10,830 making this investment lossless. The arrow points to our purchase point in time on the graph ..read more

It is already 2022! Time flies … Maybe it is my age? or my kids? Or work keeps me busy all the time but my feeling is that time goes by, even faster now. From a financial perspective it is important to get time in our favor. How can we do that? I think the long term investments put us on the path of taking advantage of time. It is impossible to predict short time moves of the market and it is much profitable to be in good business for a long time. Any asset that adding to its equity over time also a good option, real estate is an great example of that. Compounding interest over time. When we ..read more

In short, we did better than in 2019 but missed our planned financial goals which were set here. It was challenging all year around, Covid-19 restrictions, working from home, buying a house, seeing companies cutting or suspending their dividends in our portfolio. All companies set goals and managers monitor their execution. It is proved that having a plan helps you to get closer to those goals. We set our financial goals and they help us to stay on the course and improve understanding and planning of our financial situation. There is a new unknown financial environment in which many government ..read more

Hallelujah! About two months ago we bought a home. Working from home because of COVID-19 had an impact on our decision. First, we were a family of five in a small townhouse. Being home all the time made us think that we needed a bigger place. Second, we realized that we could go farther away from downtown Vancouver, where our work was located. I have to admit that buying our home was wise decision, not only because we have more living space but also because we saw a huge improvement in our cash flow. As a spending watcher in the family, you can imagine that the improved cash flow was more sign ..read more

Dear reader, are you financially free? To be honest, I have not met even one person surrounding me who can answer yes to this question. Definitely, there are such people; I read their blogs, but I personally do not know them. It makes my goal of achieving financial freedom even more appealing. What is that first step towards financial freedom? It is my goal to be financially free. While we are still on our journey there, I truly believe it is achievable. With a projected $41,500 annual passive income in 2020, we are advancing even faster than we thought when we started our financial journey ab ..read more

It is a guest post from Sure Dividend. The coronavirus crisis has caused the global economic outlook to deteriorate rapidly over the past several weeks. The U.S. economy was on strong footing heading into 2020, with strong housing and stock markets and a low unemployment rate. But the sudden impact of the coronavirus means the U.S. economy is likely about to enter a recession. In economic downturns, investors should consider taking advantage of the buying opportunities to generate higher passive income. Income investors such as retirees should focus on high-quality stocks such as the Dividend ..read more

Usually I do not post about our income streams every month unless there is a change. We have continued receiving our passive income streams during COVID-19 from dividend portfolios, private mortgages, rental properties, and Lending Loop. I am still working on getting our first check from Google. This month is different. It is different for us, it is different for our country, and it is different for the world. The coronavirus has affected everything – the economy, our lives and, of course, our personal finances. This is a scary time, and I wish good health to all our readers and their families ..read more

The main purpose for our portfolio update in 2019 is to DRIP our holdings where possible and sell equities we cannot DRIP in the near future. We still have some equities we do not DRIP yet: Chevron (CVX) Restaurant Brands International Inc. (QSR) Delta Air Lines, Inc. (DAL) Vanguard All Cap Index ETF (TSE: VCN) Domino’s Pizza, Inc. (DPZ) Amgen Inc. (AMGN) The Boeing Company (BA) PrairieSky Royalty Ltd. (PSK.TO) Marathon Petroleum Corporation (MPC) Currently we are not DRIPing 9 out of our 31 holdings. In most cases the reason is a high share price tag. High Share Price Tag To be able to DRIP ..read more

Yes, indeed, you are reading it right. We expect to receive $41,500 in passive income in 2020. Wow! It is like we have an imaginary member of our family working hard and helping us achieve our goals. We have been on our financial journey only six years, and it is incredible to expect such a return in 2020. In 2015, we made our first investment in stocks that pay dividends, and then we set our first financial goals for 2016. It was a first step, and we did not know where it would take us. Start your journey and the results will come! Regarding personal financial goals, no one cares more about y ..read more

We just returned from a vacation to Disney World and a cruise to the Caribbean. It was a long, expensive, and memorable journey, and I hope all our family members will remember it for a very long time. To be honest I like this category of spending because gathering the experiences together is what will stay with us and be remembered by our kids. It was also a wonderful way to finish 2019. When we attain financial independence, we will have free time to gather even more experiences. Although it was expensive, vacation was a happy way to spend in 2019. It was much better spending on travel than ..read more