February 2025 Dividend Income Update<\/strong><\/h2>\nWell hello, and welcome to my latest: our February 2025 dividend income update.<\/p>\n
Wild times\u2026<\/p>\n
As many readers will already know, this monthly update is a progress report on our hybrid investing approach established for the last 15+ years:<\/p>\n
\n- We invest in Canadian and some U.S. dividend paying stocks \u2013 about 25-some stocks that collectively deliver income and growth, and<\/li>\n
- We invest in some low-cost equity ETFs \u2013 that deliver (hopefully) long-term growth for extra diversifcation even during current tariff wars triggered by the U.S. government.\u00a0<\/li>\n<\/ol>\n
You can always read a bit more about what we own on this dedicated My Dividends<\/em><\/strong> page here.<\/a><\/p>\nFebruary 2025 Dividend Income Update<\/strong><\/h3>\nWhat will the investing year bring?<\/em><\/p>\nThat was my question last month.<\/a><\/p>\nWith tariff wars heating up and escalating now, I think we\u2019re in for a rough investing year.<\/p>\n
In my financial projections for this 2025 investing year to plan semi-retirement with, I\u2019ve anticipated a 10% correction. It could be more.<\/em><\/p>\nI\u2019ll update this post in a few months to share some specific asset decumulation plans<\/a> for 2025 or 2026 once things get finalized at my workplace for the coming year.<\/p>\nThe good news is, some stocks have already raised dividends in 2025 to support our retirement income plan:<\/p>\n
\n- Great West Life (GWO)<\/li>\n
- Manulife Financial (MFC)<\/li>\n
- TC Energy (TRP)<\/li>\n
- Canadian Natural Resources (CNQ)<\/li>\n
- Tourmaline (TOU)<\/li>\n
- Brookfield (BN)<\/li>\n
- and more.<\/li>\n<\/ul>\n
On that note, hopefully more to come!<\/span><\/p>\nA reader recently asked me: \u201cMark, what do you own where?\u201d<\/em><\/strong><\/h3>\nWell, in our taxable accounts, I\u2019ve essentially created our own Canadian dividend fund over the last few decades. <\/a>I\/we own many of our Canadian stocks there.\u00a0<\/p>\nIn our RRSPs and my small LIRA, we own a mix of Canadian stocks but increasingly over the last 10-years more low-cost ETFs for that aforementioned extra diversification beyond Canada. It\u2019s also where I keep a growing cash wedge in support of future registered withdrawals.<\/p>\n
Some RRSP assets for us exist in the form of cash\/cash equivalents \u2013 a home for us to fund one if not two-years\u2019 worth upcoming RRSP withdrawals without touching our portfolio. We have Year 1 now ready (cash wedge) to fund our 2025 RRSP withdrawals, if needed.\u00a0<\/p>\n
![\"My](\"https:\/\/www.myownadvisor.ca\/wp-content\/uploads\/2021\/09\/My-Own-Advisor-Cash-Wedge-pptx.png\")
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Finally, for our other main investing account, TFSAs, while we keep some cash ready for the odd strategic purchase during the year (i.e., to buy more equities when those assets go on sale) those TFSAs are usually fully invested via a mix of Canadian stocks and my favourite low-cost ETF for global growth: XAW.<\/span><\/p>\nFebruary 2025 Dividend Income Update<\/strong><\/h3>\nWhere does that put our forecast?<\/p>\n
Last month, I mentioned:<\/p>\n
\n\u201cAt the time of this post, we\u2019re projecting we might earn close to $52,000 in 2025<\/strong> from a few key accounts (not all our accounts mind you) to help fund semi-retirement. That assumes no dividends nor distributions get cut in our portfolio and it also assumes we don\u2019t buy many equities in 2025 either.\u201d<\/p>\n<\/blockquote>\nWell, factoring in those recent dividend raises, I\u2019m happy to report we\u2019re now projected to earn about $49,545<\/strong> this calendar year from part of our portfolio. That assumes no dividends nor distributions from key ETFs like XAW or QQQ get cut in our portfolio and it also assumes we don\u2019t buy many equities in 2025 either. *Basically, I report cashflow from our portfolio.\u00a0<\/p>\nTo put that projected annual dividend income in perspective:<\/p>\n
\n- That\u2019s averaging over $4k per month.<\/li>\n
- That\u2019s doubled from what I was earning from our portfolio just 5 years ago.<\/strong><\/li>\n<\/ul>\n
*Recall these all PADI updates focus on 1. our non-registered accounts, 2. our RRSPs, and 3. my small LIRA from a former job many years ago. I have reported things this way since January 2023 since these are the first accounts I will use to fund semi-retirement along with part-time work. These updates do not include any TFSA assets at all nor any future pension income from work.\u00a0<\/em><\/p>\n
You can always read a bit more about what we own on this dedicated My Dividends<\/em><\/strong> page here.<\/a><\/p>\n What will the investing year bring?<\/em><\/p>\n That was my question last month.<\/a><\/p>\n With tariff wars heating up and escalating now, I think we\u2019re in for a rough investing year.<\/p>\n In my financial projections for this 2025 investing year to plan semi-retirement with, I\u2019ve anticipated a 10% correction. It could be more.<\/em><\/p>\n I\u2019ll update this post in a few months to share some specific asset decumulation plans<\/a> for 2025 or 2026 once things get finalized at my workplace for the coming year.<\/p>\n The good news is, some stocks have already raised dividends in 2025 to support our retirement income plan:<\/p>\n On that note, hopefully more to come!<\/span><\/p>\n Well, in our taxable accounts, I\u2019ve essentially created our own Canadian dividend fund over the last few decades. <\/a>I\/we own many of our Canadian stocks there.\u00a0<\/p>\n In our RRSPs and my small LIRA, we own a mix of Canadian stocks but increasingly over the last 10-years more low-cost ETFs for that aforementioned extra diversification beyond Canada. It\u2019s also where I keep a growing cash wedge in support of future registered withdrawals.<\/p>\n Some RRSP assets for us exist in the form of cash\/cash equivalents \u2013 a home for us to fund one if not two-years\u2019 worth upcoming RRSP withdrawals without touching our portfolio. We have Year 1 now ready (cash wedge) to fund our 2025 RRSP withdrawals, if needed.\u00a0<\/p>\n Finally, for our other main investing account, TFSAs, while we keep some cash ready for the odd strategic purchase during the year (i.e., to buy more equities when those assets go on sale) those TFSAs are usually fully invested via a mix of Canadian stocks and my favourite low-cost ETF for global growth: XAW.<\/span><\/p>\n Where does that put our forecast?<\/p>\n Last month, I mentioned:<\/p>\n \u201cAt the time of this post, we\u2019re projecting we might earn close to $52,000 in 2025<\/strong> from a few key accounts (not all our accounts mind you) to help fund semi-retirement. That assumes no dividends nor distributions get cut in our portfolio and it also assumes we don\u2019t buy many equities in 2025 either.\u201d<\/p>\n<\/blockquote>\n Well, factoring in those recent dividend raises, I\u2019m happy to report we\u2019re now projected to earn about $49,545<\/strong> this calendar year from part of our portfolio. That assumes no dividends nor distributions from key ETFs like XAW or QQQ get cut in our portfolio and it also assumes we don\u2019t buy many equities in 2025 either. *Basically, I report cashflow from our portfolio.\u00a0<\/p>\n To put that projected annual dividend income in perspective:<\/p>\n *Recall these all PADI updates focus on 1. our non-registered accounts, 2. our RRSPs, and 3. my small LIRA from a former job many years ago. I have reported things this way since January 2023 since these are the first accounts I will use to fund semi-retirement along with part-time work. These updates do not include any TFSA assets at all nor any future pension income from work.\u00a0<\/em><\/p>\nFebruary 2025 Dividend Income Update<\/strong><\/h3>\n
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A reader recently asked me: \u201cMark, what do you own where?\u201d<\/em><\/strong><\/h3>\n
<\/p>\nFebruary 2025 Dividend Income Update<\/strong><\/h3>\n
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