Thursday, 10 August 2017

Vermillion It is

I can't believe August is almost half way through.
I am frantically working to make each of our DIY RRSP accounts to have $25,000 each. I made that happen this week by adding more money . 
Now, RRSP 1 has some money to be invested. So, I bought Vermillion energy, VET on TSX. 
It will give a monthly dividend of $ 0.21 per share each month. With 56 shares,I can earn $11 per month. With the ex dividend date on July 28, I am not going to get any dividend this month though. 
But, from September onwards, I will start receiving more dividends. 
I was checking the dividend history. From 2004 onwards, the company was giving dividends. Actually they are giving out the same dividend from 2014 onwards. That is not a bad news. 
From the company website, I can see that it is a global company and is getting traded in NYSE also. 
With the limited number of shares, I will not be able to DRIP any of those dividends. 
Now, with $25,000 in the RRSP account, I will not be paying annual fee to the brokerage. That is a big savings of $100 per year.
Glad to reach that milestone before September this year. 
How you feel when you really achieved one goal ? How will you celebrate it? 


Wednesday, 9 August 2017

I bought a Dyson!

Dear Reader,
I am a frugal person. My family reduced the use of paper towels. My Swiffer sweeper is armed with reusable cloths. 
Then, the title of this blog post is true too. I bought a Dyson vacuum cleaner for myself!!!!
At first I was reluctant to spend that much money on a vacuum cleaner. That is why we bought the Kenmore one five years before. It was doing a good job. But the problem is I have to drag myself to make it work. The cord has to be re-plugged two three times to finish cleaning  my two bedroom condo. It has a disposable bag. so, we need to buy the bags. It was not easy to just get it and do the job. As a result, I procrastinate the cleaning very often. I needed a vacuum cleaner easy to take out and it should do the job without having to adjust the plug. 
The answer came as an advertisement of Dyson!

The light weight vacuum cleaner is hanging on the wall for easy access. I have my carpet and hard floor vacuum heads are on the wall now. Only problem is I can't find a way to put the head that can be used on the couch on the wall. 

My Dyson has no bags. Cleaning the canister is very easy. Just hold it on top of the garbage bin and open it, the dirt is gone! Hubs agreed to do detailed cleaning of the vacuum cleaner once a month.
I can see myself vacuuming the floors more often. As a result, the home is more cleaner now. 

Usually after spending money on something, I will feel the remorse. With this purchase, I am happy. Each time I reach out the Dyson, I congratulate myself on buying it. 

Have you ever bought something that makes you feel happy forever? 


Thursday, 3 August 2017

PassiveIncome of July2017

Dear reader,
July was great . summer is always fun. There were fireworks. There was great fun walking the trails. 

Then I added a $1000 to the RRSP. 
Now, it is time to check the dividends. 
Together we made total of $250.88 in dividends. 

I bought 64 shares of Pizza Pizza Royalty corp. The dividends not started yet. Hope to start receiving them in August though.
The big achievement is this: I got enough dividend to do DRIP on TD. So, an extra share with no trading cost. 
woohoo!!! 

I also started another blog, where I can talk about dentistry. Guess, you already know that I work as an assistant to dentists and it is my main source of income. 
I am searching for another passive income ideas. Recently found Lending Loop, which is a Canadian peer to peer lending platform.
Do you have any other passive income ideas? 


Thursday, 20 July 2017

Pizza for passive income


Who doesn't love pizza?
Here I am talking about Pizza Pizza royalty corp., which is PZA at TSE.
It is Canadian franchised fast food restaurant.

The interesting thing is it pays monthly dividend. If you are thinking of making passive monthly income, it is a good option to try. According to Google, the dividend yield is 5.02%. It seems good.
It has over 750 locations all over Canada. Most of the Pizza Pizza restaurants are in Ontario..

But, do the same store sales are increasing? I am not sure how to find that out. But, Motley Fool Canada article dated in March 2017 mentions the same store sale of Pizza Pizza has gone up.
With just 64 shares, and an expected dividend of $0.06 per share per month, I hope to increase my dividends from next month onwards.
I am expecting an increase of $46 in my annual dividends with this one stock. That can free about 3 hours of my time!
Wouldn't it be cool to get passive income from Pizza?




Monday, 10 July 2017

Frugal Weekend

The weekend was really bright in Toronto.
As usual, Saturday was just for the errands. Sunday was really for relaxing. Sunday morning started with an extra long walk. It was a cloudy day. That made the walk even more interesting.

I saw berries on plants:
There was a rabbit going to sneak in to a backyard garden:
Can you see the rabbit in the picture? 

I am not sure, why I saw 3-4 abandoned Walmart shopping carts on the road sides. May be it is just a Scarborough thing: People should leave the cart at the shop, right? Now, the carts are making a mess on the street. 
This one is almost 1km away from the Walmart. It can roll on the road and create an accident to oncoming traffic.

At first, I had the cravings to eat out. Then changed mind and made food at home. To go out, thee was "Taste of Lawrence".  Instead, I had a salad with whole wheat crusty bread. Afternoon was just cuddling with a book. I am happy that I didn't spent unnecessarily and ate healthy. 
All the prep work for the coming work week is done. Happy and relaxed for the next week!
How was your weekend? Was it frugal or expensive? Either way, I hope, you had fun.




Wednesday, 5 July 2017

Passive Income of June 2017

Dear Visitor,
Thanks for dropping by. 
Canada day long weekend is over. Since the dentists are taking off to relax, my work hours are reduced too. More time to read and work on the blog, right? 
First of all, I need to calculate my total dividend income of June 2017. 
June is a good month for dividends. I made a total of $259.01.  I never totalled the portfolio value. This time of the year, I found that I my holdings have a total market value of $84,000. It can go up if I can transfer the IG account to the the DIY account.(Of course,I will be adding more to my investments, little by little).  We are still working on it. 

I also started learning to work with Google docs. It is going to be more fun. Then the public library is offering few online courses. I am going to look on that too. 
So how you spend a few hours of unexpected free time?



Tuesday, 4 July 2017

Canada Day, the Rubber duck etc.

Dear visitor,
thanks for dropping by.
It was supposed to be a 3 day weekend. But, I was doing my paid work on Monday.(not complaining though)
That didn't mean I was not having fun.  
Yes, we went to see the world's largest rubber Duck . Then stayed late to see the fireworks too. 
I was thinking of packing some food to eat.(I am frugal, right?)
But, my family was suggesting to have fun by eating from the food stalls there. 
The subway was crowded. It was packed with people. The rain didn't dampened the spirit. We walked from Union station to the Harbour. The food stalls there was very crowded. People were standing in lines to place their order. We ended up walking on the street and bought food from stall in the grocery shop. It was a sandwich on Pita bread. They had only large ones. The small ones were all sold out. Then there was no place to sit and eat. We just stood in a corner and ate. 
 Every one was happy and having a great time.Even the washrooms were having long waiting list.  First time I saw people ignoring the traffic lights and walking through the streets. Some divers got annoyed and horned. The polite Canadians didn't show any road rage. They just smiled, waved and passed. 
People have different opinions about the duck though. some thought it was a waste of money, some thought it was attractive. 
I heard a lot of languages being spoken. Saw all sorts of people. If it was in a South East Asian country, the girls in our group would have been groped by men of all ages. The women here are  carefree and less worried about being in a crowd.  
I got a few pictures of the fireworks @CN Tower.



While going back, the subway was much more crowded. We had TTC Day pass with us. I was thinking many people won't bother to put the tokens: but, I was wrong. Canadians did take the time to pay the fair to get in the subway. Oh, lord! the train was so crowded. Every one was trying to squeeze in to help the next one to get in the train. The love and kindness people show to one another is amazing. 
Yes, I am really proud to be a Canadian. I am sure you can understand and relate to it. How was your weekend?