The last month has been one of the most volatile in a very long time. The Nasdaq had one of the worst losses since the Dotcom days. I’ve learned my lesson from the “lost decade” and 4 major stock market crashes and 2 real estate crashes, a global financial crisis and global pandemic and 3 American lead wars and can say without question we are living through a major secular bull market and this is going to be a rough ride. We hear that diversification is so important to wealth CREATION and PRESERVATION. Yes, concentration builds accelerated growth but you’re also competing with the smartest, richest and most equipped hedge funds that move the market at their discretion. But understanding what and how diversification works to grow and PROTECT your wealth is even more critical to STAYING IN THE GAME, and being able to jump at the next opportunity. I’ve been told by enough senior executives and CEO’s that I’m one of the most STRATEGIC people they have worked with. I always found their impression odd, given that strategy should be the basis of every intention. Strategy begins with answering all of the following questions: - What is your end game? - What is the playing field? - What are the obstacles? - What are your resources, tools, techniques, knowledge and information available? - What is the opportunity? - What are the risks? - What are all the options? - What are the factored % probabilities of success and failure? Now go figure out a comprehensive plan that incorporates all of the above that has the highest probability of achieving the end game. But have a complete PLAN. Move forward with your OFFENSIVE moves, but have a DEFENSIVE plan. What if your plan doesn’t work? And you might lose 10, 20, 30% or more of your entire portfolio? Don’t tell me, well I’m in it for the long term. It can literally take decades to make it back. It took 20 years for me to recover my losses on Celestica and Bombardier. Today, our plan includes for capturing (1) growth of the global, US and Canadian economies and therefore stocks. Our plan includes for (2) currency fluctuations especially USD and CAD and the swings between them and growing a USD cash pile. Most Canadian investors don’t realize how much of their recent wealth is actually a loss due to the erosion of the value of the Canadian dollar vs USD. Our plan includes for (3) yield, both directly through individually selected dividend stocks, and indirectly from broad market ETFs. Yield of course is income and cash flow and as much as possible sustainable, reliable, and GROWING income and cash flow regardless of market volatility. My annual yield is now 2.5x my core expenses (not including discretionary “lifestyle” expenses). Almost approaching my target of 3 times safety. (Tip: you can’t get there with covered call ETFs over the long term) Our plan has (4) a cash management strategy and four sources of income streams, diversifying and not be reliant on any single one to cover core living expenses, and continually build a cash pile of “dry powder” including trimming growth stocks on the way up to buy quality for growth, dividends and diversification on the way down. Currently we are at 20% cash and growing. A Plan, a Strategy, Diversified, and a Defensive one for the reversal of the market at any given time. Nothing wrong with being a “prepper” and being able to “play” both sides of the market swings (no I don’t mean shorting!). This “project” has been a work in progress since 1997 and “floated” since retiring in 2022, tested for success with financial planning and modeling software that suggests 100% success rate via Monte Carlo simulations and other tests to fund our life, but I don’t take that as something for granted. I stay vigilant to changes in the global economy, politics and how the market reacts. Interesting enough, in the last 6 months we have made virtually no trades. Just sitting tight and watching… read more
As indicated in the interview with Elliot from Evolve, there is no plan to cut the distribution for $BIGY! Cash distributions will be paid on or about August 10, 2026, and August 21, 2026, respectively.
Let me know which one dividend stock you prefer ! I like combining some of them let me know in the comments what’s your best combination $JEPQ, $HDIV, $BANK, $DFN, $XEI, $ENB
Buh-bye $SOFI, and hello more $SCHD! 10 more shares for a total amount of 40 shares so far! Market Value: $1,345.32 Total Cost: $1,295.91 Avg. Price: $32.31 Quantity: 40.23094 Position Ratio: 8.43% Getting closer to that 10%!! 😍read more
i haven’t posted in a few days and it feels so weird!!! i’m back now lol! what are we buying this week?? here’s to another: $225 to $XEQT in my FHSA $100 to $VFV in RRSP
that doesn’t mean we stop investing!!! yes blossomcon was amazing and i kept my budget nice and low, now it’s time to get back to work😎 this is what made me a great investor, my consistency!! cheers to this weeks buys: $225 to my FHSA to buy $XEQT $100 to my RRSP to buy $VFV lets go, this will never stop as long as i’m making money!! let’s keep getting rich together!! read more
this has been a crazy week for deposits, so how about some more!!! i got a cheque last night for $169, then got paid out from a side job $60, then some money i had left in another account that i forgotten about $36. so today’s total was: $265!!✅ so what did i do? 😆 i bought $132.50 of $VFV in the RRSP and I bought $132.50 of $XEQT in the FHSA!! happy friday everyone!! what did you buy today??🤫read more
I don't think the $T Telus stock drop is a surprise. The bleeding has been going on for a while. At some point, it had to stop. The company needed to retain more cash to reinvest, grow the business, increase shareholder equity, and put itself back on a recovery path. The red flags have been there for a long time. The way I see it, and this is just my opinion, cutting the dividend was the only real option. The previous CEO built out the infrastructure while trying to maintain the dividend for shareholders, so I understand why it was difficult to make that decision. But the infrastructure build-out is largely done. Now it's about fixing the financials. I think Dodig made the right call. It wasn't popular, but it was necessary. At today's price, I'd much rather own a stable 5.6% dividend than chase an unsustainable 12% yield. With all the cash that's now being freed up, I'm hoping we see debt paid down much faster. Lower debt means lower interest expense, which frees up even more cash to reinvest. If that happens, competitors should be paying attention. The way I picture it is a ball on a seesaw. For years it kept rolling the wrong way. First you have to stop it, then get it back to balance. Once it starts tilting in the right direction, even if it's a slight slope, momentum builds on itself. Short-term pain. Long-term gain. read more
Am I the only one that finds the "NAV erosion" discourse to be utterly stupid? CC fund investors talk about "oh this fund doesn't have any NAV erosion" and you look at the fund and it's some single stock CC ETF for a stock that's been performing well since the fund was launched. If you don't understand how these funds work, isn't it incredibly dumb to be invested in them? Before I invested into factor funds, I read books and academic articles about factor investing. Before I invested in a convertible arb fund, I read the textbook written by the fund manager on convertible arb. Why do "income investors" think it's okay to be so ignorant about the funds they invest in?
Why do so many investors love dividend investing and dividend snowball —even when a growth-focused strategy may ultimately produce greater wealth? In this episode of Moementum Finance, I sit down with investor @frasermcguire to explore one of the most debated topics in investing: the psychology behind dividend investing. Fraser argues that the biggest advantage of dividends may not be higher returns—but the psychological comfort they provide. Receiving regular dividend payments can help investors stay calm during market downturns and avoid emotional decisions. But if long-term growth is your goal, do you really need to spend decades building a dividend portfolio, or could you simply invest for growth first and purchase that same income stream later? We had a thought-provoking discussion about investing, financial independence, real estate, and what it truly means to build wealth. In this interview, Fraser shares his journey from growing up in a working-class family to becoming a successful real estate and stock market investor. We discuss the life experiences that shaped his philosophy on money—from buying and selling homes, investing through the COVID housing boom, and becoming a landlord, to redefining success through family, time, and purpose. In this episode, we discuss: ✔️ Why dividend investing feels so rewarding psychologically ✔️ The truth behind the "dividend snowball" strategy ✔️ Why dividends aren't "free money" ✔️ Home bias and global diversification ✔️ ETFs, real estate, and portfolio construction ✔️ Renting and buying a home in Canada ✔️ Financial independence and the evolution of FIRE ✔️ RESP vs. TFSA strategies for families with children ✔️ Sahil Bloom's Five Types of Wealth ✔️ Building wealth without sacrificing what matters most Fun Fact: Fraser is in the policing field.🚔 He has two daughters (3 months old and 3 years old).👒 👉 Question for you: Do you believe that dividend investing actually make you a better long-term investor because it helps you stay invested during market downturns? Or do you prefer focusing purely on total returns? Let me know your thoughts in the comments! https://youtu.be/PJZY-BCctwg?si=6JY6IaDICWVIYC8w read more
Congrats, Johnson & Johnson, on reaching a new all-time high earlier today (even though you closed off the highs). 🎉 As my largest position, this is truly great to see! 📈 (Disc: I’m long $JNJ. Not investment advice.)
Just received my first dividend payout after shifting part of my portfolio toward income-focused investments. VFV: $9.88 HHIS: $30.24 RDDY: $6.60 Total: $46.72 It’s not life-changing money, but seeing cash hit the account without selling anything makes investing feel a lot more real. The goal isn’t today’s payout. The goal is to keep building the machine that generates tomorrow’s payout. Everyone starts somewhere. 📈💰read more
