Dividend Stocks Rock Promotion (sponsored)
Since I’m a dividend investor, I get a number of questions about which dividend stocks to buy and which sources I use for research. While I tend to read a lot online from various sources (blogs, forums etc), I do get a lot of ideas from dividend newsletter subscriptions.
Longtime colleague Mike from the Dividend Investor blog runs a dividend growth investing newsletter called Dividend Stocks Rock (covers stocks in Canada and the US), and it’s good! Last October, I helped spread the word about the Dividend Stocks Rock newsletter and Mike has confirmed that a large group of MDJ readers are now members.
Last year’s discount was pretty steep but I’ve managed to convince him to offer it again but only for the next 5 days (Until Friday June 29th). The membership includes stock cards (225 stock reviews in total – adding about 5 per week), ranking and dividend safety score, complete dividend portfolios (including a retirement portfolio), trade alerts via email, and a live buy list.
Your Subscription Includes
- A starting point to ease your mind – we have 13 portfolio models including booklets and quarterly analysis. + Retirement portfolios (4.5% income+) coming in July!
- A fast way to identify undervalued stocks – our Rock Solid Ranking tracks 100+ stocks and provide upside potential.
- An answer to “when should I buy?sell?” – we send you all our trades with our investment thesis behind it.
- Lots of free time to enjoy life – we go through the market to find the most interesting companies and we provide you with actionable content.
- A personal assistant that does all the work for you – we have reviewed over 225 dividend stocks on the site, you can ask us to review any stocks in your portfolio.
- A risk-free investment – we offer a 60 days No Question Asked Reimbursement Policy
- The best deal of your investment journey – your price will never increase once you become a member.
The regular price is $177 for a one-year membership but the exclusive MDJ reader price is $77 (and the annual fee will never increase)! Also, this is a no-risk offer – if you sign up and feel that the newsletter is not for you, you can cancel and get a full refund anytime within 60 days of signing up. Check out all the details here.
Monday Money Links
Credit Card Genius does a great job in explaining 4 ways that credit card companies make money.
For readers of MDJ, you all know about the high MERs that Canadians pay for mutual funds (and significant long-term impact of paying extra). Over the last little while, policymakers were considering ways to implement best interest standard of care for its clients. One item in consideration was to ban embedded commissions charged from mutual fund sales. Unfortunately, this ban did not happen, instead, they banned deferred sales charge on mutual funds (a move in the right direction since it was an absurd fee). You can get a full rundown from Boomer and Echo about the disappointing decision on embedded commissions.
Are you an ETF investor? How many do you have in your portfolio? For us, we go with the simple as possible approach. In my wife’s RRSP, we essentially have one ETF (XAW) that covers the US, international and emerging markets. I got a little fancier with her LIRA, with ETFs to cover each market, but with the same approach. Mark from My Own Advisor has an article on this topic and explains how many ETFs are enough.
It’s been a while since I’ve done this, but I’d like to send some attention to some newer blogs in the Canadian finance space that you should check out:
- Prairie FIRE Canada – A blog all about the FIRE (Financial Independence/Retire Early) movement but from a Canadian perspective.
- Gen Y Money – This blog was started by a millennial blogger that originally owned Young and Thrifty. She has written a couple of articles for MDJ and is also a fellow dividend investor. I enjoy reading her perspective as a new mother, frugal traveling, and her dividend updates.
- Casual Money Talk – This Canadian blog is written by a Torontonian with a goal of reaching $1M in net worth by the age of 35 (2020). She is doing a great job so far with a net worth of $670k!
- Money Scrap – This is blog is written by an Ottawa resident named Caroline but from a slightly different perspective. Caroline essentially has enough money to retire today, but chooses to continue working for another 5 years when she hits age 55. She also owns rental properties and details her experience with them (better her than me!).
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