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Annual Portfolio Update 2021 – Targets Achieved

Another year in the books. Now it’s time to reflect and take inventory of what has transpired. I presently own 43 companies, 36 of which produce regular income. Dividend Summary I earned Canadian income from 25 sources and USD from 11 others. This provides a nice mix of...
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Five Year Plan, Update #5 – The Grand Finale

Quite a lot can change in just a few years. The genesis of my Five Year Plan goes back to August 2015. To that point, I had been investing with a general strategy of increasing my ownership in high-quality income-producing investments (e.g., dividend paying stocks)—I refer to this...
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Five Year Plan, Update #4 — Decade in Review

I kicked off my Five Year Plan in August 2015 at a time when I wanted to set some targets and provide more actual guidance around how my stock portfolio was developing. I wanted to chart a course so I would have something to aim for along the...
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Five Year Plan, Update #3

It feels like just yesterday that I laid out my Five Year Plan for achieving what I deemed “Semi-Financial Freedom”. At the time I had a general idea of the direction I wanted to go with my investments but felt I lacked structure. As a result, I wasn’t...
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Five Year Plan Milestone Achieved: Truck Paid Off

There are many paths to achieving financial independence. The FIRE (Financial Independence/Retire Early) community advocates spending far less than one earns in order to put the difference into investments that churn off regular cash flow. This genre has been a great source of wisdom to help me push...
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Five Year Plan, Update #2

It has been two and a half years since I put my passive income goals down on paper. Setting a five year plan involves three key components: 1) A clear understanding of where you are currently. 2) A clear understanding of what you would like to achieve. 3)...
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Five Year Plan, Update #1

A year and half ago (August 2015) I announced my Five Year Plan to achieve what I dubbed at the time to be “Semi-Financial Freedom” (SFF). What this implies is having reached a point in life where a large number of lifestyle expenses are covered by passive income...
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Five Year Plan

My journey to financial independence can be traced back roughly to the year 2006. To my best recollection I was around 19 when I first stumbled across the book, Guide To Getting Rich by Robert Kiyosaki. It is one of Kiyosaki’s lesser-known titles and certainly far less heralded...
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