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 January 2022.
Dividend Investing Strategy – Dividends breakdown
| Ticker | Name | $ |
|---|---|---|
| T.TO | TELUS Corporation | 327.40 |
| AQN.TO | Algonquin Power & Utilities Corp | 292.67 |
| BCE.TO | BCE Inc. (Bell Canada) | 302.75 |
| XAW.TO | iShares Core MSCI All Country Ex-Canada | 95.77 |
| TD.TO | TD Canada | 943.40 |
| REI-UN.TO | RioCan Real Estate Investment Trust | 26.96 |
| Total | 1,988.95 |
2022 Retire Early Dividend Income Summary
When comparing January 2022 with January 2021, there’s a +61% increase. This is one of the best months so far, and we hope to achieve our goal of $25,000 dollars by the end of 2022.
Asset Allocation for Financial Independence
Here’s the breakdown for January 2022:
- Canada: 1,893.18 (95%)
- Global: 50.32 (5%)
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!