Well March has arrived the RRSP deadline for contributions counting towards 2018 tax year is now done. And hopefully the rush and stress of getting those last minute contributions in has spurned you too start earlier in the year contributing towards this years RRSP.
Just another friendly reminder that anytime of the year is good for contributing and the earlier the better if you have it to invest. This way it can go to work with you and start earning those tax free gains until you decide the pull from it in your later years. But enough about that and back to the focus for this post and that is an update on my dividend income.
So without further delay my dividend income for the month of February was $178.60 that is an improvement of $24.18 when compared to the same month a year ago which is a %13.5 increase and I am proud of that it really shows the power of compound investing and reinvesting those dividends back in and also taking every little bit you can muster to add into the pot to keep growing the dividends.
As usual below you will see a visual aid in how my dividend income is progressing as well.
Hopefully for those of you starting on your dividend income journey you are seeing similar gains as well. Until next post take care 🙂