I have a guest post over at Million Dollar Journey highlighting how I turned my finances around since 2009. 2008 was a wake up call for me and I had to do something as my investments were not on target with my expectations. If you have been following me around, you probably know the steps I took over time but for my new readers, it’s a nice review of all the changes I have made over time.
The catalyst for my investment changes has been The Lazy Investor by Derek Foster. Starting in 2009 was a blessing as I really got to turbo charge my investments with dividend stocks. Here are the performance I have had since my retrofit:
- TFSA is up 68.2%. I invested $20,000 and it’s worth $33,693.
- RRSP is up 80.45%. Thanks to buying over $10K of Scotia Bank (BNS) at $25 in early 2009. Now it’s all in US conglomerates.
- Computershare is up 23.24%. Mostly utilities and telecoms. I regularly invests small amounts.
- CanStock is up 19.35%. Same as Computershare.
- Non-Registered RBC account is up 18.11%. This is only the Canadian Banks and the recent dividend increase is just adding up slowly.
I’ll use the same term that Andrew Hallam has used to qualify his performance; I am lucky. I had money to invest during the lowest point in the market and I decided to sell many mutual funds to buy dividend stocks. I am not seeing any crazy performance gains these days and it’s slow and steady.
Readers: Do you have a turn around story to share?