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Well hello, and welcome to a new dividend income update \u2013 my first of 2025!<\/p>\n
As many readers know, we have maintained a hybrid investing approach for over 15 years now and we\u2019ll continue with this approach in 2025:<\/p>\n
You can always read a bit more about what we own, why and where (i.e., in what accounts) on this dedicated My Dividends<\/em><\/strong> page here.<\/a><\/p>\n What will the investing year bring?<\/em><\/p>\n We\u2019re already a few weeks into the start of another investing year and while it\u2019s probably wise to never say never<\/em> when it comes to predicting investing returns, it\u2019s hard to imagine 2025 being as good as recent years.\u00a0<\/p>\n While every individual stock we own cannot be a high-flyer, some stocks we do own continue to fly higher to support our dividend income and overall growth story.<\/p>\n At the time of writing this post recently:<\/p>\n Source: Google Finance.<\/em><\/p>\n There are other examples in our portfolio too.\u00a0<\/p>\n Beyond these stocks, we also own our usual suspects of bond-like proxies but certainly not every Canadian bond-proxy stock is doing as well.\u00a0<\/p>\n You\u2019ll recall as part my\/our hybrid investing approach,\u00a0I\u2019ve essentially created\u00a0our own Canadian dividend fund over the last few decades.<\/a><\/p>\n As part of that DIY Canadian dividend fund, we focus on \u201cTULF\u201d stocks and I use XIU over the years to help screen these \u201cTULF\u201d stocks to own:<\/p>\n Basically, I own companies that I believe you and I need to rely on, collectively, for bond-like income:<\/p>\n I think you get the idea by now\u2026!<\/em><\/p>\n Admittedly, some of the stocks in our DIY Canadian stock collection are not high-flyers (e.g., Telus of late, Canadian Natural Resources, and a few others). I mean, they can\u2019t be \u2013 it\u2019s largely impossible for everything to be a winner all the time. Some stocks will do well at times while others lag in price. Just the way it goes.<\/em> Averaging it all out, things are just fine.\u00a0Even though I don\u2019t obsess over benchmarking<\/a>, my Canadian non-registered portfolio (where we keep only Canadian stocks) is up over 140% over the last 10-years to date. This is pretty much right on where XIU has performed without the fees. Again, not surprising since we own most of the top-20 stocks that XIU has anyhow.\u00a0<\/strong><\/p>\n During this multi-year bull market run, even some lazy ETFs we own have done well. The ex-Canada global ETF we own is up quite a bit since we started buying some in 2016. It\u2019s up about 10% annualized over the last 9 years. (The 10-year returns for this ETF should be out in a few months.) And in more recent years, the NASDAQ-100 ETF we own is providing a nice tech-kicker return too; returning well over 100% over the last 5-years.\u00a0<\/p>\n Although I\u2019m largely pessimistic about near-term returns given how well 2023 and 2024 returns were in particular, I am equally hopeful<\/em> our portfolio will continue to generate returns at or beyond 5% annualized in the coming decade \u2013 those target returns along with my inflationary assumptions are included in our financial independence projections.<\/a><\/p>\nJanuary 2025 Dividend Income Update<\/strong><\/h3>\n
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