On September 20, Canadians went to the polls in a federal election. The Liberals, led by Justin Trudeau, won with their second straight minority government. In a minority government, the government have support from one or more parties in order to get bills passed. The government can also lose confidence of the house through non-confidence votes.
The new federal government cabinet will be named on October 26.
More and more people are getting the COVID19 in order to keep their jobs, get a job, travel, or to able to do more things locally such as sitting in a restaurant.
Currently, some health care workers and their lawyer are going to court to fight the vaccine mandate for heath care workers as they believe it is a violation of workers' rights. A lot of people have lost their jobs due to refusal to get the COVID19 vaccine or were felt forced to get the vaccine in order to keep working. Interesting how this will turn out.
Covid19 is still affecting the markets.
Another major issue is the supply chain issue. Current right now, the port of Los Angeles has over 500000 shipping containers needing to get off ships and currently on the port that need to be moved by truck or rail to destinations. In recent days, President Joe Biden announced the Port of Los Angeles will begin to operate 24/7 to relieve the bottle neck. This will help businesses be able to receive their product more quickly. I am surprised a port of that size doesn't run 24/7.
The supply chain issue affected my short put option on New Flyer Group. Days after I sold the put option, New Flyer Group came out with a press release. The stock fell after the press release. I could of bought to close the option, but I decided to just let it ride and avoid the capital loss. So, the put option expired yesterday in the money and I will be assigned 100 shares of NFI.TO at $28.00 a share.
Let's get to the list of dividend income from some Canadian bloggers for September 2021. Of course, I first want to mention my own dividend income report.
All About The Dividends received $655.96 in dividend income and added over $12 in forward dividend income .
My Dividend Snowball received $2691.94 in total passive income in September 2021. The amount of dividend income received was $2221.06.
Passive Canadian Income received $1661.44 in total passive income in September 2021. The amount of dividend income received was $804.02 and dripped 11 new shares.
Reverse The Crush received $100.61 in dividend income. This is a 29% YoY increase.
Our Life Financial received $2275.37 in dividend income and 42 new shares via DRIP. Also in the post, Our Life Financial mentions her new purchases during the month of September 2021.
Moneymaaster received $655.62 in dividend income and dripped 38 new shares/units to boost his future dividend income.
My Own Advisor shared his dividend income update with the world. Although the actual amount of dividend income received in September is not mentioned, there is some great information in the post.
Fire We Go, via a You Tube video, received $1156.50 in dividend income for the month of September 2021.
Conclusion:
We all started with $0.00 of passive income and have grown our investments over time. Each "BUY" transaction can provide ongoing dividend income which may also be increased over time.
In Canada and the United States, many brokerage accounts offer commission free trades and/or commission free ETFs. You can get started on your investing journey with very little money.
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 situatio
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