From the category archives:

passive income

Canadian bank DRIPs are known for discounts of 2-3% on dividend reinvestment through their DRIP plans, but these discounts do fluctuate.
Starting with the November 2010 common dividend, the Bank of Montreal (TSX: BMO) will no longer provide a DRIP discount from the average market price on common shares purchased under the plan.
BMO has said there will [...]

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It’s bad enough to initially depend on just one source of income, but it’s even worse to not invest it or diversify it such that you protect it over time.  In other words, there is more than one way to diversify your income.
(1) You can diversify your sources of income so that you have, say, [...]

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There was a time when I first learned about DRIPs when I had some idea that I would eventually own some shares in every one, or almost every one.  Over the years as I’ve learned more about investing in general, I’ve realized that (1) I don’t need a portfolio that big and (2) not all [...]

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Ready to buy your first share in a Canadian DRIP plan?  Deciding which Canadian DRIP stock to invest in first?
These are my top picks for Canadian DRIPs today, in early 2010.  The DRIP landscape is always changing so it pays to keep one eye open and monitor your investments.  That said, DRIPs in general are [...]

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If it simplifies your life to put your bills and savings on autopayment, wouldn’t it make your life even simpler if you could also put your income on autopayment?  I know you probably already receive your paycheck through direct deposit, and in that sense your pay is “automatic,” but what if you could also automate [...]

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Most, but not all, bloggers these days also host ads on their sites in order to generate, hopefully, some passive income from their efforts.  And with good reason: most of us bloggers (I’ll speak for the ones in the personal finance space) are hardworking, care about our sites and our readers, and it’s right to [...]

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