5 Things I Hope We Learn From Covid 19

Corona Virus

Covid 19: Pandemic Lessons To Learn

Well, it’s Thursday night, I’m sipping on some Wild Turkey 101, I Just polished off some mini eggs, and I got to thinking about the future – post Covid19 (assuming there is a future after this mess).
Come on now – let’s keep this positive!

I started thinking the other night – perhaps this pandemic will change the way we as humans think about life, how we live, how we treat each other, and what we value.  The pessimist in me – tells me nothing will change – but I hope I’m wrong!  With that said, here are my top 5 things I HOPE, we as a society decide to change when this is all over!

Corona Virus: Positive Changes Moving Forward

 Universal Basic Income

This is usually a hot topic whenever it is brought up.  Most conservatives, older folk, and even myself when I was younger would argue that a UBI will reduce productivity, create a generation of lazy video game playing bums, and cost WAY too much.  As I’ve gotten older my opinion on a Universal Basic Income has definitely shifted.  First of all – who cares if “productivity” takes a dip.  The human race is more productive than at any time in history, life is short – we should spend it doing what we enjoy, helping people, not trying to spend every possible minute earning and hoarding as much cash as possible.  So we may not produce as many useless items we no longer need – but perhaps we now spend time doing things that are truly beneficial to society.  I can only speak for myself, but if I had a “safety net” or UBI to fall back on, and no worry about making mortgage payments, I would 100% take a paycut to switch careers and do something that I truly feel good about.  Perhaps I’d be a financial planner (who doesn’t make money selling his clients high cost mutual funds), or work for a non profit, a homeless shelter, etc.

Will everyone become a lazy video game playing slob?  Obviously not.  Sure some people may take advantage of the system, but that happens now.  Who cares.  A universal basic income would also reduce stress levels across the board, saving our health care and police services a TON of money.  Poverty rates would plummet, crime would go down, and most importantly we’d get to spend the very limited amount of time we have on this planet doing something we are truly passionate about, without having to worry about a roof over our heads, or feeding our kids.

The cost would be high.  Yea…it would. Nobody is denying that.  It’s not about a lack of money though, it’s about priorities.  We could cut military costs (the USA especially), healthcare budgets could come way down, less poverty, less stress, less strain on the system.  Police budgets are already way too high – less poverty/crime would be an easy argument to reduce these.  With a UBI, you could scrap: EI, OAS, CPP, Welfare and a myriad of other programs, plus all the administration costs associated with these programs.  At the very least we need to test a UBI on a large enough sample, for a long enough period of time and measure the results. Come on!

Permanent Increase In Working From Home

Hopefully a lot of companies realise that employees are more than capable and mature enough to work from home.  Working from home has a ton of benefits for both employee and employer:

  • Less office space needed/lower costs for employer
  • Breaks can be used to get stuff done around the house, more free time in evenings to spend with friends and family
  • Less people commuting – better for the environment.  To me, this is by far the biggest benefit.  Imagine 20-30+% of the workforce all of a sudden starts working from home.  What would that look like in every major city in the world. 30% less cars on the road, twice a day, five days a week.
  • The crazy thing is, a LOT of companies could easily allow employees to work from home – with zero change in productivity (in fact, employees may be happier, work harder and have less turnover), yet for no reason other than tradition, they continue to force employees to drive into an office every day.
Universal Healthcare

I’m Canadian, most of my readers are as well…but if Covid 19 teaches the world ONE thing for the future, I hope it’s that illness, viruses, cancer, etc are NOT YOUR FAULT.  You should never have to stress about paying for something like this, and NOBODY should ever go broke for getting sick.  Covid 19 is showing the world just how ridiculous it is having health insurance tied to employment.


Online Voting

I saw some people posting about how senators may be able to vote on bills remotely due to Covid 19.  Here is an idea…how about give EVERYONE the option to vote online in elections.  Voter turnout in North America is pathetic (partly due to certain parties making it difficult for certain people to vote).  That said, it’s 2020, you can seriously do EVERYTHING online.  Just let us fuckin vote online*.
*Regular voting would still be open, for those without access to internet, computers, etc.

Wash Your Fuckin’ Hands

I cannot believe this made the list…but hopefully this whole washing your hands thing catches on. I cannot believe how many people didn’t do this before (people in the washroom at Jets games I’m looking at you).  Hopefully everyone now realizes that washing your hands is actually super easy, and kills those pesky germs!


Lastly, hopefully we learn electing a senile, narcissistic, petty reality TV star which controls the world’s largest economy, military, and has the biggest global influence is a terrible fuckin’ idea.  Unfortunately, based on the fact Joe Fuckin’ Biden is going to be the person running against Trump….i’d say we are fucked regardless.


On that positive note – I’m going to pour myself one more bourbon, jump in a vanilla scented bubble bath and get some sleep.




Forward Dividend Goal Achieved!

Dividend Goals

2020 Forward Dividend Goal: $12,000

I don’t need to tell you this, but the markets have been pretty insane.  I wasn’t expecting to make so many purchases so early in the year, but sometimes when a stock you’ve been watching for a year (or more) finally gets into a range you feel comfortable buying – you have to jump on it.

It’s only March 10, and already this year I’ve made five purchases.  What did I buy?

Stock Purchases

Chorus Aviation:  The industry have been hit hard, but just prior to the corona virus outbreak, this stock had reached a new 52 week high, posted pretty solid results and it’s leasing business was chugging along nicely.  Short term pain for long term gain.
I added 618 shares which adds an additional $296.64 to my yearly dividend income. This allows me to drip an additional 6 shares a month at these prices.

Diversified Royalty Income: Another position I added to.  I’ve held Diversified Royalty for a while now, and it’s performed pretty good for me – the only concern I ever had with this stock was the payout ratio – I’ve written about Diversified Royalty a few times, and every time I mention the payout ratio and the fact they need to add another royalty stream or two to get the payout ratio to a more manageable level.  Well, after a long standstill with no acquisitions, the management team pulled off two quick acquisitions over the last year or so.  It started with Mr. Mikes, which let’s be honest, was just meh…but it did allow them another stream and a bit of diversification.  What came next was great though, within a couple of months, they added Nurse Next Door AND Oxford Learning.  With the addition of these last two, they were able to bring down the payout ratio AND increase the dividend!  I added 400 shares which adds $92.00 to my yearly dividend income, and allows me to drip 2 additional shares a month.

Ishares XAW ETF:  With this purchase, XAW is now my single largest holding.  I use it as a broad diversification tool, not just for the wide range of companies it holds, but for the global diversification as well.  The rest of my holdings are mostly Canadian stocks or funds, which is the sole reason I chose XAW (it holds over 8000 stocks from companies all around the world EXCEPT Canada).  I added 1500 shares of XAW, which adds $875.00 to my yearly dividend income, and allows me to drip an extra 30 shares a year.

New Flyer: I finally pulled the trigger, and initiated a position in New Flyer.  This is a company I like holding for a few reasons.  It’s local, it’s been a great success story, the dividend keeps growing, and I believe more and more cities will (and should) move towards electric/diesel buses.  I added 269 shares which adds $457.30 to my yearly dividend income.  At current prices, I should be able to drip 4 shares per quarter.

Go Easy Financial: Another company I added to. They’ve been a crazy success story in Canada, they generate a TON of free cash flow, they are increasing their dividend, buying back shares, and growing revenue at unheard of rates.  Regulation could hurt them – but they could also expand into the USA for more crazy growth.  I added 175 shares which adds $315 to my yearly income.  Unfortunately RBC Direct Investing doesn’t allow Go Easy to drip shares at this time.

These five purchases add $1985.94 to my annual dividend income.  This pushes my forward dividend income to $12,059.69!

Assuming there are no dividend cuts (knock on wood), this means I’ve hit my 2020 Forward dividend target of $12,000 and it’s only March!  I’m not sure how much (if any) more I’ll buy this year, or what my forward dividend income will be at the end of the year, but it feels good to actually hit a goal.  I’m usually terrible with goals.  Hell, the last 2 years I made a January Goals post, and never followed up with them once…so I’m going to enjoy this one just for a minute or two (before I start feeling bad about the other 10 goals I made that I didn’t follow through on….)







3 Canadian Female Fintwits to Follow This International Women’s Day

International Women's Day

Sunday March 8th is International Women’s Day here in Canada.  I figured the best thing I could do to celebrate this is to share 3 of my favourite female blogs/twitter accounts.

So let’s get to it!



dividends investing finance canada gen y money GENYMONEY.ca

Gen Y Money and I have a bit of a friendly competition going each month to see who will out earn the other in dividend income.  Aside from that, she also runs one of the more popular finance blogs in Canada, with posts that range everywhere from monthly dividend reports to comparing credit card reward programs to travel hacks.  We are also both still stubborn stock holders of the seemingly always disappointing Power Corporation.  I thoroughly enjoy reading her site, because of the wide range of topics it covers, and she sometimes does deep dives into Canadian stocks as well.  She is also super friendly, helpful and active on social media so give her a follow on TWITTER 



Sarah smile and conquer investing dividends

Sarah is from Alberta, is a huge Oilers fan, and runs the website Smile & Conquer.  Although she is mostly anonymous, we know she works in finance, loves to travel, and is a great resource for anyone looking for budgeting, money saving or investing tips. She recently went on a couple trips that looked amazing, which I know about because I also follow her on INSTAGRAM.  Sarah become an instant favourite of mine after she participated in my “Better Know A Blogger” series, where I interviewed a bunch of personal finance people to get to know a little more about their personal lives.



Bridget Casey

You probably already know about Bridget, as she runs, what is probably the most successful financial site in Canada (Money after Graduation).  I’m not here to talk about that though, because I actually prefer following her personal account on twitter, where she is a lot more open, blunt, and political.  Alt right need not apply…. 🙂

Give her personal account a follow here


To all the men – remember to be extra kind to all the ladies out there, not just tomorrow but every day.






February 2020 Dividend Update:Perception Vs Reality


Dividend Report

Personal Highlights for February:

  • The wife and I both started our new jobs in February.  So far so good.  The kids have been super active and having a great month.  We celebrated Valentines Day with some Wine, Whiskey & Thai food.
  • The Corona Virus has been all everyone has been talking about lately.  It’s caused a pretty big drop in most people’s portfolios as well.  I’m not going to pretend like I know if the market will continue to sink, or rebound quickly – but what I WILL say is this….

The amount of panic and people freaking about about a drop in the market is INSANE.  My portfolio is 100% equities. It dropped -5.41% since last month.  In the 5 years I’ve been tracking my portfolio – this isn’t even the largest 1 month drop I’ve experienced.  In fact, my portfolio although down from it’s all time high, is only back down to where it was a few months ago.  Here is a little visual for some perspective.  

S&P 1 YEAR CHART: The Sky Is Falling (Perception)


S&P 5 Year Chart: This is a BLIP (Reality)

S&P 5 Year Chart

Don’t get me wrong – the market could continue to plummet (wouldn’t surprise me), but this (so far) is nowhere near 2008-09 levels.  Even if the market does keep plummeting, I plan on sticking to my plan, holding good companies for the long haul and reinvesting my dividends at a reduced rate while the stocks are on sale.

  • Received this bottle of Barchef Toasted Old Fashioned in the mail, from a fellow blogger/reader of the site who has a personal connection to the Barchef Project in Toronto. He knows I am a huge whiskey/cocktail fan, and hooked me up with a bottle!!  I haven’t tried it yet, but once I do I’ll be sure to post a review!  Big thanks to Money Mechanic for sending it – and if you aren’t familiar with his site/podcast, check it out HERE

    Toasted Old Fashioned

  • Speaking of whiskey, I finally got around to reviewing 2 different bourbons that I had purchased in a lottery over a year ago.  E.H Taylor Single Barrel & Weller 12 Year.  You can read both reviews HERE
  • Financial Highlights for February:
  • Continued bi-weekly deposits into Spousal RRSP, and TFSA however still just small amounts. We plan to up these after a few months at the new jobs.
  • My previous work pension RRSP was transferred over, and I put it to work right away. In hindsight, I could have got a slightly better deal if I had waited a couple weeks – but as if I actually knew the market would dip, besides in 10 years, it won’t matter.
  • Made the following puchases in February:
    – 190 shares of Chorus aviation (TFSA)
    – 175 shares of GoEasy (RRSP)
    – 1500 shares of XAW (RRSP)
    – 400 shares of Diversified Royalty (TFSA)
    – 269 shares of New Flyer (RRSP)
  • After these purchases, my forward annual dividend income went from around $9800 to $11,800.  My goal for the year was $12,000, so barring any big setbacks, dividend cuts, etc I should hit the target!
  • I was paid dividends from 5 companies, and 1 funds in February.  I dripped a total of 25 new shares/units.
  • Received dividend increases from Transcontinental, Diversified Royalty Income and the Canadian Equity Income Fund.
  • Portfolio dropped in value for the first time in 6 months.

Passive Income Update For February 2020.


Diversified Royalty: $17.60(dripped 5 shares)

Artis Reit: $27.90 (dripped 2 shares)

Interrent Reit: $4.29

Plaza Reit: $14(dripped 6 shares)

Chorus Aviation: $11.84 (dripped 1 share)

TFSA’s Total: $90.77


Canadian Equity Income Distribution: $347.30 (dripped 11 new units)

Total Passive Income February 2020:  $438.07

Portfolio Update:

My portfolio currently sits at: $357,310.98.  This represents a drop of 5.41% from last month.  Although I never like seeing red…I know its all part of the game, and I plan on sticking to my plan and adding a bit each month.

Passive income in February was $438.07.  This is usually the smallest month of the year, and with my new purchases, I hopefully won’t see another month below $500 again…EVER!

My forward annual dividend income is $11,800.15.  I updated my portfolio, and expected dividends HERE



Weller 12 Year Bourbon Review

Weller 12 Bourbon Review

Just a reminder: Each review will follow the same template, and include a score.  Please enjoy responsibly 🙂

For those unaware, Weller 12 bourbon has become extremely hard to find, sells at a huge premium to MSRP on the secondary market, and gives all the bourbon bro’s boners if they ever find a bottle.  I had never tried it, and a year ago, I was lucky enough to score some at MSRP (so I picked up 3 bottles for 59.00 each).  I bought into the hype, I had to see if it really was “Poor a poor man’s Pappy” as they say….

Weller 12 Bourbon Review

Weller 12 Year

Date Reviewed: February 26, 2020

Atmosphere: In a Glencairn glass, neat at home.

Distillery: Buffalo Trace

Mash:  Unspecified – but same Mash & Ageing as Van Winkle Lot B

Age: 12 years

Type: Bourbon

ABV%: 45%

Price I Paid: $59.00 Canadian

Appearance:  Amber, Burnt Honey

Nose:  No dominant, or overpowering scents.  Slight brown sugar and oak. A hint of dried orange peel – all very muted.  This particular bottle has been open about a year.

Palate:  Oak and a general dry woodiness is what stands out.  Thick and oily mouthfeel – it coats the roof of the mouth and makes you feel like you need to chug a glass of water.  Second sip is softer and sweeter. Vanilla and brown sugar poke through.

Finish: Long and thick. Quickly goes from woody and dry to soft and sweet.

Conclusions:  Each sip is better then the last.  The problem with this bourbon is the hype.  Overall it’s a good – even a great bourbon, but you typically can’t just go buy it – and if you can -usually you are paying 2-4 x MSRP.  If you can find it for $60 buy it, and you will enjoy it – but don’t buy into the hype and spend $200 on it.  There are much better bottles in the $60-100 range.

I would buy this again at MSRP,  hell I’d even buy a couple just to trade.  I originally bought 3 (before I had even tried it), and ended up trading 2 of them for much more than MSRP.  The hype is real…

Overall Score:  83/100*

*If it was readily available for 59.00, I’d probably rate it around 85-86.  The scarcity, and the fact it is so overrated brings it down a few points for me.


Quick update: First 2 purchases of 2020!

Easy Financial

Howdy! It’s been a while since I posted, and unfortunately I don’t have too much time today either, but thought I’d pop in quick to say I’m still alive, and I made my first two stock buys of 2020!

Today the market was red, everyone was panicking, and I took the opportunity to add to two of my positions as they dipped from their all time highs.

The first purchase of the day was in my wife’s TFSA (Tax Free Savings Account). I had been sitting on about $1200 in cash in this account for a while, and today I noticed that one of our existing positions (Chorus Aviation) was down almost 8%. The stock price is low enough that the existing cash I had was enough to pick up a decent amount of shares, and allow us to DRIP an additional share each month. I won’t go into the “why” I purchased Chorus Aviation, because I’ve spoken about the company before. The deal with Air Canada has been extended, so the dividend is secure, and they’ve been growing their leasing business as well. This is one I plan on holding/Dripping for the long term.

The crazy thing is, just 5 weeks ago Chorus hit its 52 week high. Today it hit its 52 week low. I was only able to add 190 shares, but that is enough to DRIP an extra share each month, and adds just under $100/year of of tax free passive income.

The second purchase of the day was a little more significant. I’ve been sitting on a decent chunk of cash in my RRSP (registered retirement savings account), because I transferred my previous jobs pension out to my direct investing account. Although I didn’t put it all to work, I did pick up another 175 shares of GoEasy financial. This is a fairly new position of mine, which I purchased at the end of last year. Here are my reasons for owning it. I’d also like to point out that since I originally purchased Goeasy in November of last year, they’ve raised the dividend, initiated stock buybacks and had another record breaking year. The purchase will add an additional $315 to my dividend income.

My plan for the rest of my RRSP cash is to beef up my position in my global ETF (XAW), and start positions in New Flyer & Andrew Peller. I’m just not sure if I’ll do it right away, or see if the market continues to dip. I’m not one for “timing the market”, but I’m in no rush right now, so we will see…..

Anyways, with the new job(s) and two sick kids, we’ve been pretty busy around here but hopefully I can get back into the groove next month and pump out a few more posts.

*update* I just noticed these purchases put me over $10,000 in forward dividend income for 2020!!


E.H Taylor Single Barrel Review


Just a reminder: Each review will follow the same template, and include a score.  Please enjoy responsibly 🙂

This is a bottle I scored about a year and a half ago in a bourbon lottery.  I have had it a few times, but finally got around to reviewing it last night.  This is one of the nicest looking bottles I’ve seen.  It comes in a nice sleeve, and the bottle design makes you feel like you are drinking a bottle from the 1800s.


E.H Taylor Single Barrel Bottled In Bond

Date Reviewed: February 2, 2020

Atmosphere: In a Glencairn glass, neat at home.

Distillery: Buffalo Trace

Mash:  Buffalo Trace mash bill #1

Age: No Age Statement.  Thought to be 7 years.

Type: Bourbon

ABV%: 50%

Price I Paid: $85.00 Canadian

Appearance:  Watery gold, liquid caramel.  Pretty standard bourbon look.

Nose:  Fairly subdued nose.  What sticks out is a hint of spice, brown sugar and cherries.  There is a slight hint oak, and very faint hint ethanol but much less than you’d expect for a 50% bourbon.

Palate:  Small amount of heat on first sip, but quickly followed by a sweet vanilla or cherry coke after taste.  Mouthfeel is woody and oily which lingers in a good way.

Finish: Medium length finish with a sweetness to it.  No burn going down.  Definitely noticed this one got better after the bottle had been opened for a month or two.

Conclusions:  I’ve never had a bottle grow on me as much as this one.  When I had my first sip I really didn’t like it.  Each subsequent sip I’ve had since I’ve liked more and more, to the point where I am getting sad that my bottle is almost empty. Lucky for me, I bought 2 bottles, and still have an unopened one :).

I would buy this again at MSRP, and the bottle design alone makes it worth having in your collection/on display.  That said, it is a pricey bottle, and there are a lot of other great bourbons at the same price point or lower.

Overall Score:  85/100