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March 2020 and Full Year 2020 Dividend Re-Forecast

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Hey Guys,

One of my duties in my day job involves coming up with models for forecasting future cash flows based on various micro and macroeconomic assumptions.  Things like inflation rates, contracted sales, market statistics, etc.
I enjoy forecasting and trying to get my models to come close to actual numbers as possible.  This is really all an exercise in playing a guessing game as no one can predict the future, but you can take your best calculated guess.  I play a lot with my excel models to see how different assumptions lead to different results and coming up with various scenarios.

This has led me to take a similar approach when it comes to forecasting my dividend cash flow.  I do this because as I mentioned above, I find it assuming to see what the future will look like by playing around with some assumptions.  This also gives me an idea of where my dividend income will be based on my current investment pattern.


With the outbreak of Covid-19, many world economies are struggling…

How I made $26.56 in Cash Back without any Spending

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Hey Guys,

Here to give you a break from all Coronavirus related news everywhere, to talk about earning extra cash back.

So the other day, I received my cheque in the mail from Rakuten (formerly known as Ebates) and it was for $26.56.  What's so special about this?  It's because I didn't have to spend anything to get it (more on this later).


First, let's talk about what Rakuten is and how it works.

Rakuten is an online portal with a collection of shops such as Amazon, Dyson, Expedia, Dell, etc. and if you go to these sites using Rakuten, you earn cash-back on your spend.  Rakuten gets paid commission for bringing you to the site, in turn, they pass along a portion of it to you.  It's a Win-Win for everybody. 

You sign up, click on a link to your favorite store, and make a purchase. Ebates then puts a percentage of that purchase into your Ebates account. They will mail you a check three times a year.  It's that simple.



Ebates Inc. was founded in 1998 by two deput…

The Results! - February 2020 (Dividends, YouTube & Blog Stats)

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Welcome to February 2020 - The Results!


Wow, what a February it has been in terms of the market.  After massive sell-offs in the last week of the month.  On March 2, the day of this writing, the markets stormed back.  From CNBC, "The Dow closed 1,293.96 points higher, or 5.1%, at 26,703.32. The move on a percentage basis was the Dow’s biggest since March 2009. It was the largest-ever points gain for the 30-stock average."
With these wild swings we've been seeing in the markets lately, my strategy has not changed.  I will continue to invest periodically and buy according to my asset allocation strategy.  As I prefer to spend more time in the market vs trying to time the market.
Now...let's get down to my numbers...which is why you're reading this....
As I previously mentioned, my investing approach I have kept simple and easy to manage.  I have a handful of ETFs that I invest in periodically and they deliver dividend income either monthly or on a quarterly basis.

Vanguard Announces Monthly Cash Distributions for Vanguard ETFs - February 2020

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Hey Guys,

As you know, I'm a 100% ETF investor and one of the things I look forward to every month is when monthly cash distributions get announced from BMO and Vanguard.

Photo by Marten Bjork on Unsplash

Friday afternoon, Vanguard announced their monthly distributions for their line-up of ETFs. February 2020 cash distributions:Vanguard ETF®TickerDistribution per Unit ($) - Feb 2020Distribution per Unit ($) - Jan 2020Change MoMVanguard FTSE Canadian Capped REIT Index ETFVRE                     0.09145                      0.09145                -   Vanguard FTSE Canadian High Dividend Yield Index ETFVDY                     0.16029                      0.08873     0.07155 Vanguard Canadian Aggregate Bond Index ETFVAB                     0.05192                      0.07468 -  0.02276

Spending Winter time in Houston

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Hey Guys,

Over this past Winter Break I travelled to Houston to get away from some of the cold weather up here in Toronto.


I was not disappointed, the weather was amazing, day time highs would be in mid-20s (Celsius) / mid to late 70s (Fahrenheit).  This past summer I also travelled to Austin, but it was gruelling heat during the day time.  So far I've been to Dallas, Austin, and Houston.  Just need to visit San Antonio to complete my list of NBA Texas cities 😂

I was at a outdoor BBQ on Christmas Day, this would never happen here!  Ever!


Some of the highlights from the video above include:
Some really pretty Christmas lights decorated on housesTaking a ferry near the Gulf of MexicoSkating in downtown HoustonCozying it up at the Hyatt Houston Galleria hotelJungle ride at the Rainforest Cafe I've been to Texas during the summer months before but this was a total new feeling during our Canadian winter.  In the summer it gets pretty hot in Texas, but it's so much nicer to be o…

Tax Residency - Explained!

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Let's talk about Canadian residency!

This is not a post about living in the very expensive housing market of Toronto or Vancouver, but about residency for tax purposes.

I find a lot of people who I've worked with or through my network who consider themselves to be "snowbirds".  It gets very cold up here in Canada and these "snowbirds" will typically travel to warmer areas like Florida to get away from the cold.  However, with those either travelling to escape the frigid air or digital nomads, there are tax considerations that must be given some thought.

Photo by Helloquence on Unsplash
A resident for tax purposes is not the same as a residence for citizenship or immigration purposes.  Residents of Canada must pay tax on their worldwide income.
The Income Tax Act ("ITA") does not define the term "Residence"Individuals can be considered either:be a full time resident, a non-resident, a part year resident, a deemed residentIn order to determi…

BMO Asset Management Announces Monthly Cash Distributions for February 2020 for their ETFs

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Hey Guys,

As you know, I'm a 100% ETF investor and one of the things I look forward to every month is when monthly cash distributions get announced from BMO and Vanguard.

Photo by Marten Bjork on Unsplash

This morning, BMO Asset Management has announced their monthly distributions for their line-up of ETFs. February 2020 cash distributions:Monthly DistributionsTickerCash Distribution per Unit ($) - Feb 2020Cash Distribution per Unit ($) - Jan 2020MoM Increase (Decrease)BMO Aggregate Bond Index ETFZAG                           0.040                           0.040                      -  BMO Discount Bond Index ETFZDB                           0.030                           0.030                      -  BMO Ultra Short-Term Bond ETFZST                           0.120                           0.120                      -  BMO Ultra Short-Term US Bond ETF (U.S. Dollar Units)ZUS.U                           0.130