For us, our goal is to live off dividends. We kind of set a target of 2025, but at this point, we're getting pretty close to that if we supplement it with some part-time income. So for us, we're probably more looking at the higher yield aspect, but still paying close attention on the low yield, high dividend payout stocks. If you look at the US market, 4% is pretty hard to find, right? The US market is usually about 2%. Canadian market, like you look at all the Canadian banks,. They're yielding roughly about 4% right now. So if you're in Canada, high yield, I would say like 6% up.
In today's episode, we have Bob Lai from www.tawcan.com with us. Bob is living in Canada and he's been blogging for about a decade already. Most of you have probably stumbled upon his blog when doing some research about dividend investing. Hence, we're very happy that he found some time to chat with us about everything dividend growth investing-related.
Having said that, in today's episode we discussed the following topics:
- The number of Tech layoffs and whether this is a bullish signal
- Billyboys in Davos are paying premium prices for wife-replacements
- How Bob started with dividend investing
- A discussion about high yield, low growth vs low yield, high growth
- How close he is to financial independence and what he will do when he reaches it
- His main struggles as a dividend growth investor, both in the past and right now
- What makes Canadian banks so special?
- If he owns Danish stocks
Besides that, we've asked him all of your questions!
So if you're curious, please tune in and we'll C U on the inside!
Engineer My Freedom & European DGI
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Some of the links referenced in the podcast:
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