Dividend Income From Some Canadian Bloggers

Nowadays it is more important to be an investor than before.  The COVID19 pandemic seems to be getting worse not better with all the new variants.  Over the past year, a lot of people have lost their jobs, lost hours, or had to quit their jobs to stay at home with their kids.  The government is continues to print money out of thin air when restrictions are impose on its citizens.  Provincial governments are asking the federal government for help.

I do not expect life to return back to normal for at least a couple of years.  I am not a fan of lockdowns as I believe they have a severe effect on mental health.

If COVID19 does not cause an epiphany for people to steps to help better their financial lives, I am not sure what will at this stage.  

I am more grateful today then ever that I am able to receive dividend income.  Check out my dividend income for March 2021.  

Now, for the passive income received from some other Canadian bloggers

Passive Canadian Income received $1269.35 in passive income for the month of March.  The amount of dividends received was $720.39.  This represents approximately 57% of the total passive income.   

Reverse The Crush received $87.47 in dividend income.  As Reverse The Crush just finished paying off the student loan, look for dividend amounts to increase more quickly in the future. 

Our Life Financial received $1835.22 in dividend income.  Similar to me, ENB was the biggest dividend amount. 

All About the Dividends received $576.34 in dividend income for the month of March 20201.  The RRSP account lead the way the month.

Conclusion

With many commission free brokerages in the United States and Wealth Simple Trade in Canada, more and more individuals can invest with little money.  Also. some brokerages have commission free ETFs when you buy units of an ETF.  

Passive income makes life easier as you never know what is going to happen such as a pandemic, illness, or losing a job.  

The journey to financial independence can start with just a single share of stock!.

DISCLAIMER

I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.

Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.