Bob Lai, from Tawcan, is a Canadian dividend investor who chronicles his quest for financial independence and joyful life. He and his wife started building their dividend portfolio in 2011 after a financial epiphany. Today, their portfolio generates over $3,400 in dividends per month. Here is Bob’s journey to financial independence and his approach to investing in dividend growers to reach it.
- Frugality runs in the family! Bob explains how his young retired parents influenced him and shares parts of his life story.
- The dividend investor is also pursuing tradition with his kids and lets them learn from their own mistakes.
- As an experienced traveler, Bob shares some tips to save money during his trips.
- Moving to invest, Bob and Mike discuss their views on total returns vs yield. Bob also shares his buying process.
- Among his biggest investor mistakes, the blogger laughs around how he passed by GOGL and AAPL many years back.
- How does Bob feel about the current market? Does it influence his strategy?
- As his sleep-well-at-night stocks, Bob describes strong companies that are easy to understand: Canadian Banks, Railroads, Telecoms, and gives his best picks.
- Bob discusses many aspects of his investment strategy: taking returns, ETFs, and asset allocation.
- How to reach FIRE similarly to what Bob did? The Canadian gives 4 Steps Each Investor Should Follow.
Why would you want to become a Dividend Growth Investor? While it’s not the only route to a stress-free retirement, dividend growth investing is a good one. Here are the 5 most important reasons to be a dividend growth investor.
Canadian banks are amazing; they have outperformed the Canadian stock market for the past 5, 10, 15, probably 25 years. Unfortunately, they were not created equal. That’s a myth. Then, which Canadian Bank is the best?
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This podcast episode has been provided by Dividend Stocks Rock.