Well we are well into 2022 now and thought this post would rollup dividend income earned in 2021. There is still some instability across the globe. But there is also some signs of optimism. This is evident in some of the quarterly earnings reports that have been coming out. Also companies are increasing their dividends or reinstating them in some cases for those that halted them. Energy prices are sky rocketing. Interest rates are starting to climb all signs that economies are flourishing at maybe even to quick a pace.

All in all for the investor that is in it for the long haul the above scenarios are good news stories in my opinion. As it usually means rising dividends, and also stock prices rising. Couple this with the short dips where instability and fear get the best of the investing community it can make for some decent buying opportunities.

Comparing dividend income in 2020 which ended up at $4489.94 there is a 42% increase in 2021 with dividend income coming in at $6381.78. Almost $2k a year more, this is a result of stable or rising dividends as well as some more cash invested. What for me is more important to try and illustrate is how a person’s wealth can steadily grow if they stay invested and disciplined on building their wealth. So what is 2022 going to bring us? It is off to fast start with inflation, and as mentioned before rising energy prices and also some geo political unrest. All these scenarios bring a mixed bag to the world of investing but also provide some good entry points or opportunities to acquire more shares of good solid companies if a person can be patient.

Below is a graph showing 2021 Dividend Income by the month. Wonder what can be achieved in 2022? Future posts will show where it is headed in 2022 and I for one am excited. Until next post stay invested and stay healthy.

Cheers GWF 🙂

Dividend 2021 income update, first off I would like to apologize for not posting in awhile. This summer has been crazy with trying to travel as restrictions ease and take our kids back to where my wife is from. It was very good to take them there and see their grandmother. Numbers for Covid seem to be climbing back up again as lots of places in Canada here seem to be experiencing a 4th wave. So we will see what that brings.

Similarly my dividend 2021 income continue to climb as well which in times like these sure is a light at the end of the tunnel kind of feeling. I always reinvest my dividends which allows for less commissions by using DRIP’s(Dividend Re Investment Plans). Typically your financial institution will allow you to synthetically DRIP companies you are invested in. Every dividend payment if big enough will then buy a whole share or more.

When comparing dividend 2021 income this year to the same time period as last year it looks like this up to this point in 2020 I had received $3056.87 this year up to end of August I have received $3804.19 some of this is due to more money invested but also reinvesting every dividend I did receive to buy more shares to make the next dividend payment received bigger from each company held.

Combine this with companies that also routinely increase their dividend payments then it really starts to make a difference thanks to the wonder of compounding!!!. Below is a snapshot on a monthly basis to help illustrate the trend upwards. Would love to hear your own story and thoughts on DRIPS and experiences investing in dividend stocks.

Till next round cheers from GWF 🙂

It has been awhile since a dividend income check in. In fact this will be the first post about dividend income for 2021. So to play catch up we will discuss the first 4 months of 2021 in this post. Covid-19 vaccines are getting rolled out, there is beginning to be some optimism. As things open up in the US and Europe there is some light appearing the end of the tunnel.

This is seen in the markets as equities have been clawing back from their drops at the start of the pandemic. Without a doubt there have been some sectors that have gained in the wake of the pandemic but still on the whole most have suffered on some kind of level. More likely than not is there will be a wide spread gain across all sectors when things are back to normal.

Some companies have halted dividend payments, some have reduced them, others have been able to maintain them. But for certain there has been a lot fewer increasing their dividend payouts over the past year. Hopefully as globally things improve we will start to see the optimism creep into 2021 dividend income levels from corporations. Companies still paying dividends is a testament to picking good quality companies that can weather such a storm.

It also brings peace of mind and easier to sleep at night knowing that your investments will be growing and working for you just that little bit harder. That is the magic of reinvesting your dividends and the beauty of compound interest. Would love to hear how your dividend income is doing and how Covid has impacted it. So without anymore delay below is a graph showing the dividend income monthly for 2021 so far.

Cheers and stay safe everyone 🙂 GWF

Reflecting on 2020. First off Happy New Year! to all of you. I know for us it was a different kind of holiday season this year with the whole COVID 19 pandemic. But all in all special moments were still had. Albeit maybe thinking outside the box a little to still have some kind of interaction with loved ones and friends.

This post reflecting on the year for me, things of interest and also where I am sitting as far as dividend income goes as well. Things that I still want to improve on or accomplish and also a look ahead to goals for dividend income and personal growth.

Travel in 2020 we were fortunate enough to have been able to go to Cancun, Mexico and also Sedona, Arizona before the Coronavirus brought a stop to travel for pleasure. Then early fall when things opened up a bit nationally we went to the Lake Okanagan, British Columbia area. I will be submitting posts on these experiences individually they were all good trips with good memories. For 2021 not sure what our travel plans will be as there is still very much uncertainty around travel and the pandemic so this might be a fly by the seat of your pants year no pun intended.

On the dividend income side of things the 2020 year with $4489.94. Which compared to 2019 which was $3953.89 this represents an increase of 13.5% or $536.05. This is encouraging and for 2021 I want to try and keep up this rate at a minimum so the goal for 2021 Dividend Income will be $5098.33.

Some personal growth and improvement goals/targets for this year include:

1. 600 km on the Peloton, I know minor but hey a guy has to start somewhere
2. Doing Prolon Fast Mimicking Diet 6 months out of the year
3. Starting to learn a programming language(Python,R,SQL,Visual Basic)

There maybe other interests that come to surface but will update as it happens.

GWF

This post is about defining or finding your Why? Why is it you want to create wealth, increase it, desire it etc. After all at the start of this blog and true to its name for me its a little bit of all in the title of this post. It may be the same for some, others will only be one of them for some it could be two or three or other reasons I have not mentioned.

Regardless of reason or reasons Why? For those of you as parents you maybe already rolling your eyes HAHA as I know for our house our 6 year old is great at the 5 Why’s. For those of you not yet in parenthood you might remember your childhood and are chuckling going yeah I used to do that to my parents.

The interesting part of this on both sides as a kid or parent for me is this. When you can identify the why and understand it, own it, practice it then eventually it is realized. In investing terms realized is actual gains. In other aspects of life it means come to be or to be true. Whichever in your own situation its important as it means progress or “moving the needle”.

No matter how small this progress or movement of needle is its important as it builds momentum. More than ever we are a society where we need feedback. Where it gets tricky is what kind of feedback positive or negative and that depends on each of us individually and what we do with it. For all of us positive is good it make us feel good, validates what we are doing or working on. Where it gets tricky is the negative feedback. What are you as an individual going to do with it? The psychology of making the best out of negative feedback will be atopic of another post.

To stay on track find or define your why? Why is it that you want create and grow your wealth? For me its a few things and they are mostly centered around growing wealth. And this increased wealth being largely in part to passive income. With this passive income when it reaches certain levels it will allow some flexibility as far as what is needed in earned income or the 9-5 grind however you need to symbolize it. With that flexibility comes the ability to do what you want to do or give you some peace of mind. For me the things listed below are the ones that mean the most or are a core value for me:

1. Spending more time with family and friends for me this is huge we all get once chance at this journey called life and you just never know how long you have to spend it with loved ones.
2. Having more time to create more content for my blog and developing websites.
3. Learning more and spending more time with my bison as they truly are a remarkable animal.
4. Travelling and seeing more of this amazing world we are all fortunate to be apart of.

The above list is but a small collection of what I would do given more time, but highlights the things that would be most of my focus. If you find yourself having a hard time finding things. Try this think but to when you were a kid when you thought time was endless and you had all of it in the world. What were you doing then what was your interests or hobbies. Then think about your young adult years and write these down as well.

Without a doubt this post could keep going on but will end it here at this time. But seriously challenge you all to find your WHY and would love to hear about it.

Stay healthy, stay safe GWF 🙂