The Simply Investing Dividend Podcast

EP28: Part 1 - Earning Over $68,000 a Year in Dividend Income


Listen Later

In part 1 of this episode I interview Dividend John, the author of the book Too Rich to Be Stressed. We talk about how he went from $0 annual dividend income to now making over $68,000 a year in dividends. Also covered in this episode:

- how John saved $30,000 at such a young age
- how John lost $25,000 investing with an advisor
- how investing in a pork farm didn't turn out so well for John
- how not to get caught up in the "next big thing"
- how John got started with dividend investing
- John's story of meeting his investing mentor
- how John went from $0 annual dividend income to $68,000 annually
- the 3 telecom "virtual monopolies" in Canada
- what the largest Canadian banks did to their dividends in 2008-2009
- what happened to Kanwal's investment in Washington Mutual
- staying away from high yielding dividend stocks
- what happens to your dividend yield when the company increases it's dividend
- Canadian dividends are taxed extremely low even outside your RRSP and TFSA

Dividend John on Twitter: @johnyboy1853
Dividend John's Book: https://www.amazon.com/dp/B0BMZF17NK

Learn more at: https://www.simplyinvesting.com/

Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. Simply Investing Incorporated nor the author and guests shall be liable for any loss of profit or any commercial damages, including but not limited to incidental, special, consequential, or other damages. Investors should confirm any data before making stock buy/sell decisions. Our staff and editor may hold at any given time securities mentioned in this video/course/report/presentation/platform. The final decision to buy or sell any stock is yours; please do your own due diligence. Stock buy or sell decisions are based on many factors including your own risk tolerance. When in doubt please consult a professional advisor. No advice on the buying and selling of specific securities is provided. For our full legal disclaimer, please visit our website.

...more
View all episodesView all episodes
Download on the App Store

The Simply Investing Dividend PodcastBy Kanwal Sarai

  • 4.2
  • 4.2
  • 4.2
  • 4.2
  • 4.2

4.2

33 ratings


More shows like The Simply Investing Dividend Podcast

View all
Investing Insights by Morningstar

Investing Insights

490 Listeners

Money For the Rest of Us by J. David Stein

Money For the Rest of Us

1,362 Listeners

Build Wealth Canada Podcast by Kornel Szrejber: Investor

Build Wealth Canada Podcast

11 Listeners

Zacks Market Edge by Zacks Investment Research

Zacks Market Edge

296 Listeners

The Investing for Beginners Podcast - Your Path to Financial Freedom by By Andrew Sather and Dave Ahern | Stock Market Guide to Buying Stocks like

The Investing for Beginners Podcast - Your Path to Financial Freedom

1,390 Listeners

The Dividend Guy Blog Podcast by Dividend Guy

The Dividend Guy Blog Podcast

64 Listeners

Chit Chat Stocks by Chit Chat Stocks

Chit Chat Stocks

188 Listeners

The Joseph Carlson Show by The Joseph Carlson Show

The Joseph Carlson Show

234 Listeners

Dapper Dividends by Dapper Dividends

Dapper Dividends

38 Listeners

Dividend Talk by Dividend Talk

Dividend Talk

25 Listeners

Safe Dividend Investing by Ian Duncan MacDonald

Safe Dividend Investing

31 Listeners

The Dividend Mailbox® by Greg Denewiler

The Dividend Mailbox®

43 Listeners

Dividend Investing with Longacres Finance by Longacres Finance

Dividend Investing with Longacres Finance

40 Listeners

Long Term Investing - With Baskin Wealth Management by Barry Schwartz

Long Term Investing - With Baskin Wealth Management

7 Listeners

Investing Experts by Seeking Alpha

Investing Experts

58 Listeners