Robb from the famous Canadian personal finance site, Boomer and Echo, was kind enough to feature my story of how Latecycle came to be: from a dark place many of you might be sitting right now.Check it out and enjoy!
2019 marked the beginning of a new—and crazy—adventure. In March, I decided to leverage my portfolio in dividend paying stocks, borrowing $150,000 in both personal loans and margin accomplish this. At the time, the market had rebounded significantly from its December 2018 lows. In hindsight, everything is 20/20; what I should have done was go [...]
What are you saving for? You might have a short-term goal, such as a down payment for a home or a deposit on a new car. Longer-term goals include putting aside money for retirement or a child’s education. Whether your goals are short-term or long-term, being able to state them clearly is an important step [...]
I can only speak for Dividend 15 (DFN) because I own it. I’m not here to recommend you buy it. But if you’re thinking about it, there are four things to consider: DFN paid distributions through the 08-09 recession.Do not expect any capital appreciation.Hold in TFSA only (tax purposes: not all payouts are eligible dividends)Wait [...]
Investors love dividends. It’s no secret. All you have to do is search “dividend investing” on Google to see just how many websites, bloggers and media moguls are championing this strategy - present company included.The truth is this: dividends count. But they aren’t everything. Time horizon and dividends matter.So do cycles in the stock market. [...]