About Me

I am a 41-year-old postal worker from Ontario, Canada. I am single and I don’t have any children. My goal is to quit my job at 45 and live primarily off my dividend income. I hope that one day I will bring in some extra income from this blog as well. I’m not against the idea of working part-time after 45, but I still haven’t figured out what my “dream” job is. I’m not about to leave one job that I don’t like and replace it with another job that I don’t like! I have this crazy dream of being a digital nomad and living/travelling abroad for the rest of my life. We’ll see if that ever happens!

I have been investing in dividend-paying stocks since about 2016, but I have been in the stock market since 2005. When I first started investing, I was looking for capital gains. I’d buy a stock, hold it for a few months and sell it when it went up. That worked fairly well for me. Then, in 2013, I decided to give day trading a try. Big mistake! I made good money in 2013, but then I lost three times that amount the following year when the market crashed. That was what led me to dividend investing. I wasn’t getting any younger and I realized how important it was to protect my capital. I didn’t want to lose all of the money that had taken me years to earn. So I decided to invest only in solid companies, and I would collect dividends from them that would eventually cover my living expenses.

My current cost of living is about $17,000 and my projected dividend income should hit $14,000 by the end of 2018. I should reach my break-even point (where dividends equal expenses) by the summer of 2020. And by the time my 45th birthday rolls around in mid-2022, I should have enough to support myself with an extra $5000 a year for travelling and unexpected expenses.

The main purpose of this blog is to track my dividend income. I also plan to post monthly reports of my expenses, investment purchases, and earnings through peer-to-peer lending. I will also make the occasional post about contest wins, freebies, frugality and other personal finance-related topics.