At the beginning of 2017, I set some pretty crazy goals for the year. I was comfortably installed in a villa in Costa Rica for three months and had great ambitions. I’ve recently arrived home and got my house back on July 1st as we rented it out during our RV trip. It took us a good week to get used to our previous home. Now that everything is settled and we are ready for a new adventure, I’m reviewing my goals to see what has been done so far and what is left to do. #1 Generate $20,000/month …
Getting Ready to Invest 100K
At the beginning of this week, I made the big announcement that I quit my job. While this decision generates an immediate financial stress in my household, there are also positive financial outcomes, like having to invest $100,000. For over a decade, I’ve participated in my previous employer’s defined pension plan. I will finally see this money as I now need to make a decision about what will happen next. My latest pension plan statement was dated December 2016 and showed a cash …
The Question Haunting Me or How I Decided to Quit a 6 Figure Job to Live Passionately
I’m going a little bit off topic this morning but if I don’t write this post, I think it will continue to follow me throughout my journey. As I’m writing the first part of this article, I’ve been on the road for 44 days already. 44 days… this doesn’t sound like a lot. In fact, it just sounds like a big vacation, right? We started our trip on a big roll going from one place to another like we were almost being chased. I remember, we were so excited to discover the world and experience everything. …
Can My Portfolio Survive a Crash?
The idea of losing lots of money in a short period of time is probably one of the biggest fear of any investors. In fact, many of them rather wait on the sideline than suffer this “inevitable-next-market-crash”. After all, nobody wants to suffer this type of drop: When a market crashes everybody panics. Should they? Not if they have done their homework first. It is impossible to know when the market will hit a new correction and your portfolio will lose 10% within a few weeks. We all know …
Selling SNC Lavalin & Buying Amazon
Back in April 2015 I made a bold move in my portfolio; I sold ScotiaBank (BNS.TO) to buy SNC Lavalin (SNC.TO). Many readers weren’t too sure about this move, but I’ve proven that I was right 2 years after the trade: Source: Ycharts While SNC outperformed BNS all the way, it is clear on this graph I should have sold SNC a year ago and a few weeks ago. But the investment thesis behind my purchase was still valid a year ago: “I believe the moment charges will be settled, investors will …
What is Your Minimum Acceptable Yield?
When you decide that dividend investing will become the core of your portfolio this is usually because you are looking to cash dividend payments. The idea of receiving monthly checks while doing nothing is attractive. But not all dividend payouts are equal and the yield seems to preoccupy many investors. In fact, the dividend yield is often at the center of many DGI’s. Why is the yield so important? A relatively high dividend yield is mandatory for many investors. Many companies offering a …
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