Investment Goal 2018
2018 Dividend Total: $417.65
2018 RRSP Dividend Total to $32.46
- Concentrate on maxing out my contribution room in my tax-free savings account (TFSA)
- Aim at $1000 per month in new investments
- Annual dividend income of $750
- Keep expenses below 2%
- I turned 18 before the TFSA was created and have only contributed $1000 so far. I have more than enough contribution room to last several years.
- As a side note, our monthly expenses are fairly low. We have no personal debt, or car loans and our housing costs are low since we live in rural Québec.
- The annual dividend income represents one ‘good’ week of my husband’s pay.