The biggest news in Canada is the freedom convoy. This truckers for freedom began with truckers travelling to Ottawa to protest the vaccine mandates for truckers crossing the US-Canada border. The vaccine mandate meant unvaccinated Canadian truckers could travel into the US but would have to quarantine when returning to Canada after delivering their load. Unvaccinated US drivers would be turned back at the border. This came into effect on January 15.
The next week on January 22, the US government implemented their own vaccine mandate for truckers crossing into the US. Unvaccinated Canadian truckers would be turned around.
The freedom convoy basically showed people from all walks of life wanting their freedom back. They want to go into a restaurant and sit down regardless of their vaccination status. People are tired of wearing masks. People have loss their livelihoods due to not being able to take the vaccine or do not believe in taking vaccines.
With all protests, their are some bad apples. Their has been issues with goFundme accounts being frozen. Our country is more divided then ever.
All About The Dividends received $599.08 in dividend income and added over $22.99 in forward dividend income via DRIPs. Their is also mention of the purchases that were made during January.
Passive Canadian Income received $2257.44 in total passive income in January 2022. The amount of dividend income received was $1024.93. This is first time cracking $1000.00 per month in dividend income.
Reverse The Crush received $90.26 in dividend income in January 2022. This is a 110% YoY increase.
Our Life Financial received $3254.89 in total dividend income and 36% increase YoY. Also in the post, Our Life Financial mentions her new purchases during the month of January 2022.
Moneymaaster received $1751.87 in dividend income and dripped 86 new shares/units to boost his future dividend income.
My Own Advisor and Gen Y Money shared their individual dividend income updates with the world. Although their actual amount of dividend income received in January 2022 is not mentioned, there is some great information in their respective posts.
Fire We Go, via a You Tube video, received $1988.15 in dividend income for the month of January 2022.
My Dividend Snowball received $3815.68 in dividend income for January 2022.
Tawcan received $4416.06 in dividend income. This is the first month of surpassing $4000.00 in dividends.
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.
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.