Welcome to our Dividend Investing Strategy for Financial Independence. We started the journey to Financial Independence in 2019 and paid off $60,000 in consumer debt.
Since July 2020, we’ve been tracking and sharing our journey to Financial Independence. Let’s take a look and see the results of our dividend investing strategy and the passive income received in December 2021.
Dividend Investing Strategy – Dividends breakdown
| Ticker | Name | $ |
|---|---|---|
| CU.TO | Canadian Utilities | 281.91 |
| ENB.TO | Enbridge | 400.80 |
| MFC.TO | Manulife | 322.74 |
| REI-UN.TO | RioCan Real Estate Investment Trust | 28.88 |
| ITOT | iShares Core S&P Total U.S. Stock Market | 152.14 |
| QQQ | Invesco QQQ Trust (Nasdaq) | 73.71 |
| Total | 1,258.19 |
2022 Retire Early Dividend Income Summary
Here’s the final breakdown for 2021:
- Canada: 13,802.75 (82%)
- USA: 2,696.96 (16%)
- Global: 376.95 (2%)
We end the year with $16,876.30. On average, we received $1,419.83. The goal for 2022 will be $25,000 and hopefully, we will make it. We would recommend checking the channel for the updates.
Recommended links to help your Financial Independence Journey
- Start your Journey to Financial Independence by opening an account with Wealthsimple trade
- Financial Independence Books we’ve read and helped us
When available, we use referral links, which means if you click one of the links in this video or description and make a purchase we may receive a small commission or other compensation.
Thanks for letting us be part of your day and journey. Stay safe!