Greeting friends! Hope you are all doing great and maximizing those most fun out of summer. Here in Canada, especially in Alberta our summers are relatively short lived much like our spring and fall so you know I’m going to be doing everything I can to make the most of these 3 short months. This past weekend I made a trip out to some waterfalls in the Northwest Territories with my lovely girlfriend to celebrate our one year anniversary together. It was a great time and as well my first camping trip of 2016. I know when I reach financial independence camping will be something that will be done much more frequently and hopefully all over the world one day. Cool thing about camping is if you pack light but smart, you won’t break the bank, learn some survival skills, and you will make some amazing memories. But I am not quite at the level of FI yet so for now I’ll just have to keep dreaming about traveling and leaving the rat race for good.
May has been another successful month of dividends. I haven’t been able to put too much money into Mr. Market, nor have I really been paying too much mind too it either. And this is for 2 reasons. The first being that I trust the companies I own and I legitimately believe they will continue to be the profitable organizations they are and keep my accounts with a reliable passive cash flow, and second I have been spending most of my other time pursuing other passions I have in my life, which is skateboarding, cycling, and playing my guitar. I think it is important that well all have hobbies of some sort. You know, like something to get lost into, especially if there is something on your mind that’s stressing you out, or if you want to challenge yourself into doing something you never thought you could do. It’s much like the idea of compound interest relationship with time. If you are serious about it and you apply enough time and effort you will get results no matter what, it’s all about how long you are willing to wait, as well as practice. With my strategy for dividend growth investing, I have chosen to utilize a DRIP plan since day one. Its times like these when I don’t have much capital too put into the market is having my dividends automatically reinvested a really savior.
Here are my Dividends for May 2016
Dividends May 2016
Dividends May 2015
YOY increase of 18.4%