Dividends | June 2021

The turbulence of the pandemic and daily life meant I had not tallied my dividends in several months (if not a year!). I was not sure how much I made in June of this year but when I checked last week, I was pleasantly surprised. Just over eighty dollars.

Below is the breakdown of my TFSA, RRSP, as well as a synopsis of my various Wealthsimple accounts. I have a mix of self-directed (grandfathered from Wealthsimple’s takeover of Canadian Shareowner a while back) and an artificial intelligence portfolio for my kid’s registered education savings plan. This list does not include my husband’s investment accounts or any of our cash savings accounts.

My latest stock purchase this month was McDonald’s. I only bought 1 share with the extra cash in my Wealthsimple account. I’ve been buying way too much coffee at McDonald’s (new baby) and need to recoup my expenses!

I stand corrected – my daughter purchased McDonald’s, I just helped her (watch here). FYI when my Canadian Shareowner account was transitioned to Wealthsimple my shares stopped DRIPping and the dividends had been piling up since January.

Questrade Portfolio

Current Value:
Cash – $448.18
TFSA – $18,392.71
RRSP – $6,941.83

Total dividends: $80.37

ZRE (TFSA) – $4.50
REI.UN (TFSA) – $3.44
PLZ.UN (TFSA) – $14.95
PLZ.UN (RRSP) – $35.11
XHD (TFSA) – $3.65
XDV (TFSA) – $12.00
ACO.X (TFSA)- $6.72

*As of June, my PLZ.UN dividends are automatically reinvested (Synthetic DRIP)

Wealthsimple Portfolio

Invest (A.I. investing)

RESP (Risk level 10) – $10,363.77

Trade (Self-directed, non registered)

Current Value: $3,474.55
Current Holdings:
AFL – 1.6762
AIG – 2.2014
BNS – 1.2938
BRK.B – 1.35
C – 0.9622
CAR.UN – 1.9244
CM – 0.8822
CWB – 2.6702
JNJ – 0.9782
MCD – 1 (Just purchased)
NA – 1.555
PNC – 0.4756
RY – 5.0961
SNV – 1.5417
TD – 1.3304
USB – 1.4915
VWO – 2.0556

Account Value: $1088.22
Bitcoin – 0.02721


Total Account Value: $942.83

Stellar Lumens
The Graph

So far, I am very pleased with Wealthsimple’s A.I. portfolio manager, especially now that I am busier. I fund the account with weekly automatic deposits of $125 ($25 per kid). Baby #6 will be added to the RESP shortly, bumping the total weekly deposit to $150. Dividends in this account are automatically reinvested, however the downside for curious folk like myself is that I don’t get to see which company is paying and how much. I just see the total amount reinvested.

This month I am setting up an automatic deposit on an A.I. led personal account at Wealthsimple. I will be starting with $25 a week.

Also, after to speaking with our accountant this past month, he encouraged us to stop putting money into both our RRSPs and focus on our TFSAs due to our low family income. Figuring out how much I can put into my TFSA will be a bit finicky. I have plenty of contribution room in my and my husband’s TFSA however, this summer we are building a fence and replacing our minivan (we need at least 8 seats). Also, 2 weeks ago we splurged and got a Thermo Pump also known as a air conditioner in the rest of the world (LoL). We are hoping to purchase our wood from a relative to save on lumber costs and the van will be used of course. This will hopefully save us a few thousand. Once some extra cash is available my plan is to add some funds to get XDV dripping. This should get my monthly dividends in Questrade up to $100 a month.

That’s it for June.

Happy investing!


What to blog about? Reviving my dead blog. Announcing my comeback.

It is coming up to two years since I posted on my blog. So much has happened.

– My husband and I started a plumbing business
– I took an RBQ certification course here in Québec
– I got my apprentice plumbing cards
– A pandemic occurred
– I paid off the rest of my mortgage using my inheritance and savings
– We now have 6 kids
– My autistic son started a new therapy in 2021 to deal with the psychological consequences of the pandemic
– I found out I have executive dysfunction, which explains my amazing ability to start projects but not complete them and the subconscious negative, self-limiting mindset it can foster (thanks brain!)
– And a lot of household items are now in need of being replaced; cars, fence, floor, plastering, wall paint, furniture… the list goes on (can you say ka’ching! $$$$)

Although the newest baby is still young, I’ve been itching to start earning money again. I have quite a few savings goals that I want to achieve before I’m geriatric. However, jumping back on the tools at the moment is not an option. The baby is still breastfeeding, I’ve got 2 other little ones at home and it’s the start of summer vacation. Which means 6 kids home for the summer.

On the flip side, this blog is up for renewal in mid-August, and I need to decide what to do with it. Should I revive this dead blog? Should I give my blog a new direction? I don’t want to give up, and I want to squash my executive dysfunction by giving this blog another go. To revive it, I might add a type of vision board, some measurable goals to which readers can follow along, and maybe a ‘stats’ page with my latest personal finance statistics. Also, I might connect my website to my youtube channel. I have goals for my youtube channel as well but I have yet to share that here.

All in all, I would really love to have a space to share my goals and reminding myself that I can execute some of them successfully. And allowing this blog to remain online is one of those goals.


End of Summer

I am sick today. My husband was kind enough to take all the children out of the house to visit some family while I recover. We had a glorious summer in our new rental. I did absolutely no investing over the summer. I checked my accounts only a handful of times. Although I did not check often, the dividends continued to pile up. Almost $600 in cash in my TFSA and $50 in my RRSP. The good news is, a portion of my inheritance came in. I felt it necessary not to decide what to do with it immediately but to wait. I eventually decided to pay 15% to my mortgage, and then wait with the remainder. I am glad I waited. It was very difficult and emotional, more so than I anticipated. The bank kept calling, asking what I planned to do with the money. They had plans for the money. I told them I had my own plans and I wasn’t interested. They called back. I told them I didn’t live near a branch and going to see them was an inconvenience. It’s true. The big banks don’t service rural Canadians but they sure want our money.

Spending wise, in the end I went a head and made one large purchase this summer. Three violins, all for my children who have started music lessons. A great investment in my eyes. (I am biased, I play the violin). My father loved classical music (specifically the UK’s Classic FM) and the Opera Lyra, and my mother was a cantor at church. A lovely purchase in their honour. I have yet to buy a piano, however I am looking for one on Kijiji. Maybe for Christmas.

Although I didn’t purchase any stocks, I made a very important investment. I invested in my husband. I used some of my savings and some of my inheritance to help him start a plumbing company. Setting up costs like corporation fees, accounting fees, a used van, decals, business cards, mechanical repairs, different types of insurance, tools, material, small advertising and many types of government licenses. Some say buying a house is the largest purchase one will ever make. But investing in your own family business must be one of the largest investments one can ever make.

To think that many of the companies we invest in were started by someone, a family, or a small group of individuals. They grew, maintained profits and continue to exist many decades later. That’s an amazing feat. They even share their profits through dividends. I am not sure I would be as generous – ha! These companies, although many started by men, must have had great wives behind them.

Farewell for now. I will be back with my newest purchases soon. I won’t make you wait as long.

Happy investing,

2018 – A Year In Review

December 31st… It’s my eldest daughter’s birthday. She wants everyone to know it’s her birthday, and she’s turning six. She also learned how to earn money this year, and why it’s important – So she can buy food. Long story short, she went to school one morning after refusing to eat any food I would offer her, knowing full well the school was serving breakfast, albeit for $1. My daughter happily ate some plain toast (yes, plain toast for $1! don’t get me started) and when she arrived home, mom saw the $1 receipt in her lunch box instructing me to pay up. Now, I don’t judge how French Quebeckers raise their kids but this mom is not ‘un guichet automatique’ aka GAB or ATM as it is known in the rest of the world. I gently explained to my daughter that things cost money and that I wasn’t going to pay for this bill because I had already spent all my money at Costco 😉 (technically true, I buy a lot of food). I told her that in order to pay for it, she would have to earn $1 through work. When dad got home, she did a handful of kid sized chores for 25¢ each and brought the money back to school the next day. The following week I asked if she had any money left in her purse and she said no… she bought more $1 toast at school. So, moral of the story is… I taught my kid how to earn money but not how to spend it wisely. That will be my task for next year.

In other news…

I made one last purchase this year. On December 5th I purchased $1140.88 minus $5.31 in fees of Transalta Renewables (RNW), 102 shares for $11.19 each. We all know what happened several days later in the Canadian and American markets. However, I am still pleased with the dividends this company pays. This purchase should add $7.98 per month in dividend income for a total monthly dividend of $14.65 (Whoot! Whoot!). It is also crazy to think that the extra $140.88 was from dividends sitting in my cash account!

So, how did I fair this year? Drum roll please!!…..

Well, I hit my annual dividend goal of $750! As of December 31st, this stay-at-home mom brought in $1008.69 in dividends. I surpassed $1000! The good news is I kept my fees below 2%, and yet I missed making 2 purchases. One in October and another in November. However, I’m not disappointed about missing these purchases since prices have come down since then increasing my purchasing power momentarily.

A few months ago on a fellow dividend blogger’s site (I can’t remember the name! If you know the name comment below so I can credit them), he broke down his dividends into an hourly wage. I thought this was ingenious. Although I don’t receive an hourly wage (solely the Canadian and Quebec Child Benefit – which fluctuates with each tax season), I still work pretty darn hard. So, if I worked 40 hours a week for 48 weeks of the year (2 weeks off in summer and 2 weeks off at Christmas), I would be working 1920 hours per year. So, $1008.69 dividend by 1920 hours = 0.52¢ per hour (roughly). Almost the equivalent to the American minimum wage of the 1940s. Hopefully, next year I can give myself another hourly pay increase that will propel me into the 1960s!

Here is something else you might find interesting…

My 7 year old made $105.52 in annual dividends.
My 5 year old made $48.69 in annual dividends.
My 3 year old made $18.83 in annual dividends.
My 1 year old made $12.15 in annual dividends.

My newest baby is 2 weeks old as of today! I should be starting his first DRIP in the coming months, it will most likely be a share of BMO like his siblings.

Also, I only contributed $50 in optional cash purchases to each of their accounts this year. However, pretty much since my oldest got his first share as a newborn he has had fairly consistent annual dividend increases.

So, that’s it for this year. I still need to think about 2019. There are a lot of details to go over in terms of how much I should contribute and competing priorities. As of January 1st my husband is officially incorporated as a “Société” and has started his paternity leave, we are looking at putting our eldest back into some much needed therapy and my parents estate will be officially complete sometime this coming year.

Happy New Year! Happy Investing!

Purchases | September 2018

Hey everyone,

I am very pregnant right now. Like a breathless beached whale. However, even though I waddle around slowly like a penguin, my money is still working for me.

This September I didn’t purchase any new companies but I focused on bulking up the ones I currently own and hold in my TFSA.

I purchased 23 shares of Laurentian Bank at $44.40 dollars, for a total of $1026.23 including commission. This is all in keeping with my 2018 goal of $1000 per month in new month and keeping fees below 2%.

Lately Laurentian Bank has been trading lower than my original purchase price average. With this month’s buy, it brings my holdings in Laurentian up to a similar dollar amount compared to the other companies I hold in my TFSA.

My new total holdings in Laurentian Bank is 38 shares. The great news is that earlier this year Laurentian increased their quarterly dividend from $0.63 to $0.64. 

So far, this company has proved to be a good holding.

Happy Investing,

Why you Need to Start Investing NOW!

Welcome to Part 2!

“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” – Paul Samuelson

When most people think about investing, they conjure up the image of a day trader, hedge funds and options traders glued to their monitors filled with complex graphs or the raucous New York Stock Exchange trading floor.

Buy low, sell high. Someone wins, someone loses. Big wins, but also so many, many thunderous losses.

This is also no different than going to the casino and gambling. I’d rather keep my money, thanks!

However, what if I told you – you never have to sell your shares in order to make money? It’s true.

But first, in this post let’s go over the basics.  I’ll touch on 3 topics:

  • The importance of time
  • The power of compounding interest
  • Dollar-cost-averaging


“You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.” – Peter Lynch

Recessions happen. However, when you invest for dividends you are in it for the long run. Just like the four seasons, after winter spring is just around the corner. the economic cycle starts all over again and markets recover. Just be sure you are still around for when things go back up and you don’t leave when a downturn occurs.

I am not a fortune teller. I can’t tell you when the next recession will happen. The last one was in 2008, 10 years ago. So no matter what, there will be another recession. A mini one or a big one, I don’t know, but it will happen.

Remember, it is not the timing of the market that is important, but the time spent in the market. This will all make sense when we take a look at compounding interest and dollar-cost-averaging next.

The Power of Compounding Interest

What is compounding interest? Sweet and simple, it’s literally interest on the interest. Once your money earns interest and is reinvested, that interest earns interest etc. Compounding on itself – thus compounding interest.

Why is it important? Your money grows faster and faster over time. The more time you allow your interest to compound the quicker you accumulate more money.

Check out this cool illustration over at Direct Investing. They even have a nifty calculator to see how much you can earn over time.

Now, onto dollar-cost-averaging…


Yep, more math. But I promise, it is not hard!

All dollar-cost-averaging is, is putting in small amounts of money on a consistent basis (like once a month or once a quarter).

By buying shares in a company slowly, you are in turn buying the stock at different price points. Sometimes high, sometimes low.

Here is a nice example.

If you are putting in the same amount each time, lets say for simplicity sake $100 per month, and the price this month is $50 per share. You will end up buying 2 shares. Next month the price drops to $25, with the same $100, you buy 4 shares. Then the price jumps to $80 by the third month, you only buy 1.25 shares.

After 3 months you would have 7.25 shares and spent $300 total, at an average price of $41.38 per share. If you bought $300 worth at $50 the first month, you would only own 6 shares. At $80 per share, you would own just 3.75 shares! Dollar-cost-averaging can help you buy more shares, which will earn you more dividends in the long run.

If the price is high, you buy less. When the price of the share is low, you buy more. Over time the price at which you purchased your shares averages out to be a bit lower.

Neat, eh? Besides, I really love it when the things are on sale 😉

AND… the cool thing is, if you reinvest your dividends automatically you are already putting dollar-cost-averaging and compounding interest to work! Easy-peasy.

That’s it for this post!

Join me next week for Part 3, where I get into the nuts and bolts of how to buy your first share.

Why Women Need to Invest

why women need to invest

Why Women Need to Invest…

So, why do women need to invest anyways?

To make our money work for us, instead of us working for money.

Easy to say, right?

Basically, if we don’t do it for ourselves, we should not anticipate that others will do it for us. Whether they be our spouses, government social security or company pensions. Sounds grim? Allow me to go on…


Besides this point, there are a few other stats to bring to your attention. Although not all women are the main breadwinners of their family, they control a large portion of the financial decisions that go on in a household. (See debatable stats here) I am of the opinion that those stats are higher particularly if there are children in the household. We yield much of the responsibility of where and how the family income is spent, and therefore should not shrug off our responsibility to wise fiscal management.

Another, but rather sad statistic here in Canada, is that women are more likely to be in ‘low income after tax’ in the later stages of life compared to men. Although the reasons vary for why this is (I can only assume – job type, no pension, child rearing), this stat would hopefully provide more reason for women to invest.

Financial Goals

Generally speaking, as women, we also tend to have different long term goals when it comes to saving and investing. Through my observations, many men tend to focus on #FIRE, or financial independence retire early. That’s not a bad thing, but for most women that might not be the primary concern. I can’t speak for all women, as there are plenty of women interested in #FIRE, however, I am more concerned about the well being of my kids and our quality of life. In my mind, sometimes I think to myself… “Why would I want to retire early? I’m already at home all the time! Let me afford to do something enjoyable.”

As well, I can’t emphasis enough the importance of wanting financial security. Let’s face it, life happens and someone has to deal with it. For example, instead of posting this article yesterday, DH was at the emergency all day for septic bursitis… fun. No limbs lost yet! Real life means a disability, job loss, sick kids, temporary illness, bereavement, care of the elderly… and much of this falls on our shoulders. It also makes our financial situation more precarious. These situations greatly impact our current and future income as women.

So, heck yeah… I want more security and an enjoyable life.

And nothing brings security or being able to afford ‘divertissements’ (French for fun+entertainment) like consistent and varying streams of income. Passive income streams other than working, such as the dividend income I speak of so often that can come from owning stocks (more on this later in Part 3).

When it comes to income, the media likes to talk about the ‘wage gap.’ I’m not here to debate whether it exists or not for women. However, there is no wage gap in dividend investing. The best dividend companies give raises and do not discriminate against individual shareholders because they are women or men.

I could go on about Canada’s pitiful income growth (Rob Carrick wrote an interesting article), inflation and our current purchasing power but I’ll leave that for another day.

If you are a fellow gal reading this, please consider saving and investing as a means to achieving whatever your longterm goals might be. 

Happy investing,

Join me for Part 2 next week where I will discuss ‘Why You Should Start Investing Now‘ and not wait.