Covid is still a major topic. Lots of people getting sick, but we don't know the numbers like we did about a year ago. Just recently, the top doctor in Ontario suggested everyone where a mask indoors as hospitals are being overwhelmed.
In Alberta, a lot of students are reported off sick. Parents have called for mandatory masking in schools, but the premier does not seem want to make masks mandatory.The prices of goods and services continue to increase. This is due to governments printing money, supply chain issues, and the ongoing Russian-Ukraine war. The supply chain issues started prior to COVID19 becoming a pandemic, but got a lot worse because of the COVID19 pandemic. After being stuck at home for about 2 years, people tend to be flooding to restaurants and travelling regardless of the rising inflation environment.
There are predictions we will be in a recession later in 2022, while others are saying in 2023.
Passive Canadian Income received $2117.63 in passive income for the month of October 2022. Of this total, $912.82 was dividend income. The number of new shares / units dripped came in at 35.
All About the Dividends received $621.73 in dividend income and added over $35.53 in forward dividend income via DRIPs.
Reverse The Crush received $126.92 in dividend income in October 2022. This is a 63% YoY increase.
Our Life Financial received $3644.80 in dividend income. Combined with her husband, they received $4398.80 in total dividend income and 12.28% increase YoY.
Moneymaaster received $1809.67 in dividend income and dripped 81 new shares/units to boost his future dividend income.
Labour To Leisure received $445.89 in dividend income and dripped 9 new shares.
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 October 2022 is not mentioned, there is some great information in their respective posts.
Fire We Go received $2426.20 in dividend income for the month of September.
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.