Weekend Reading – Pembina dividend increase, more dividends, the downside of FIRE and more #moneystuff
Welcome to my latest Weekend Reading edition – where I share some of my favourite articles from the week that was across the personal finance and investing blogosphere.
If you noticed some delays in responding to your comments this past week, and less social media tweets, that’s because I was on vacation – from the workplace and from the blog to a small degree. I travelled to Fort Lauderdale on a golf vacation for almost a week – and had a great time. It’s nice to getaway and unplug to a point but it’s always comforting and great to come home. It’s even better when this happens and I said as much here:
One of my stocks that provides steady dividend income is Pembina Pipeline – they increased their dividend by 5.6%.
While I was away a number of shares were purchased commission-free via DRIPs. Whether I’m in Ottawa or Fort Lauderdale or anywhere else, our portfolio is designed to make more money every month so we don’t have to work full-time someday. We’re not there yet but we are more than halfway there…
Here was my lone article from this past week:
Enjoy this short list of articles, enjoy your weekend, and see you around the site next week where I will likely share my latest dividend income update or an update on my 2018 predictions (some I got right!) or something else that comes to mind.
Oh, and before the articles, congrats to Waheed who won the copy of this book during my giveaway here. I will get your book in the mail next week. I will have more books to giveaway in the coming months so please keep reading and asking any questions about my investing journey along the way.
Tawcan is looking at re-examining his dividend portfolio. 72 stocks does seem like a great deal to me and an opportunity to trim the holdings but that’s his call – not mine. Anyhow, good on him to own a couple of low-cost ETFs for extra diversification.
I suppose there are some downsides to FIRE (Financial Independence, Retire Early) but I can’t say I have more negatives than positives on my list. Although I will always work at something, as long as I am mentally and physically able to, it will be nice to work on my own terms in the coming decade. That’s the plan anyhow.
Deals and reminders
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Other reading material…
Interesting interview with Bruce Sellery here, how this personal finance expert invests: “I am a very simple exchange-traded fund, index fund investor. I will over simplify but basically, I have four ETFs and you know the percentages are fixed income equal my age and the remainder is in largely International, US and Canada. I have been doing that for, gosh, certainly 15 years.” It was also interesting to read he favours the RRSP over the TFSA as an investment account because “RRSPs are less flexible that (sic) TFSAs”. I can see that angle but I like growing my tax-free dividend income stream (via the TFSA).