In this episode, Bob and Nelson tackle the question that will always elicit an opinion -- should you invest with dividends in mind, or should you always aim for the best total returns? Bob explains how he invests in indexes to go for total returns and dividend stocks for income, while Nelson raises some eyebrows with his dividend-only style. If it doesn't pay a dividend, he won't invest. Yet he's still confident a dividend strategy can deliver good total returns over time.What are your thoughts on this classic debate? Find us on Twitter/X (Nelson is @CDINewsletter, while Bob is @Tawcan) and let us know.
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45:25
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45:25
Ep 3 - REITs
This week on the show Bob and Nelson discuss Canadian REITs. Topics covered include how they fit into our overall strategies, how Nelson looks at which REITs to own, and discussion of a few of our favourites in the sector.
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51:55
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51:55
Ep 2: How We Build Wealth
This week on the show Bob and Nelson discuss the various strategies they've used to build wealth over the years. We talk about budgeting, maximizing your savings rate, and how we both embraced frugality. Bob points out how important it is to maximize your earnings at work, while Nelson explains why your savings rate is so important -- especially when you start.
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44:24
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44:24
Ep 1: Intro
In the inaugural edition of the DIY Wealth Canada Podcast, Bob and Nelson talk about their financial journeys. We touch on how we got interested in finance, why we invest the way we do, the importance of financial plans , and much more. For more on Bob's journey, check out http://tawcan.com, where he writes about all things finance, with an emphasis on investing and his personal journey.And for more on Nelson, check out http://CanadianDividendInvesting.com, where he writes about everything Canadian dividend investing related.
Join hosts Bob Lai and Nelson Smith as they talk about wealth creation strategies, investing tips, and much, much more, all from a fiercely independent (and Canadian!) perspective.