5 Things I Hope We Learn From Covid 19

Covid 19: Pandemic Lessons To Learn

Well, it’s Thursday night, I’m sipping on some Wild Turkey 101, I Just polished off some mini eggs, and I got to thinking about the future – post Covid19 (assuming there is a future after this mess).
Come on now – let’s keep this positive!

I started thinking the other night – perhaps this pandemic will change the way we as humans think about life, how we live, how we treat each other, and what we value.  The pessimist in me – tells me nothing will change – but I hope I’m wrong!  With that said, here are my top 5 things I HOPE, we as a society decide to change when this is all over!

Corona Virus: Positive Changes Moving Forward

 Universal Basic Income

This is usually a hot topic whenever it is brought up.  Most conservatives, older folk, and even myself when I was younger would argue that a UBI will reduce productivity, create a generation of lazy video game playing bums, and cost WAY too much.  As I’ve gotten older my opinion on a Universal Basic Income has definitely shifted.  First of all – who cares if “productivity” takes a dip.  The human race is more productive than at any time in history, life is short – we should spend it doing what we enjoy, helping people, not trying to spend every possible minute earning and hoarding as much cash as possible.  So we may not produce as many useless items we no longer need – but perhaps we now spend time doing things that are truly beneficial to society.  I can only speak for myself, but if I had a “safety net” or UBI to fall back on, and no worry about making mortgage payments, I would 100% take a paycut to switch careers and do something that I truly feel good about.  Perhaps I’d be a financial planner (who doesn’t make money selling his clients high cost mutual funds), or work for a non profit, a homeless shelter, etc.

Will everyone become a lazy video game playing slob?  Obviously not.  Sure some people may take advantage of the system, but that happens now.  Who cares.  A universal basic income would also reduce stress levels across the board, saving our health care and police services a TON of money.  Poverty rates would plummet, crime would go down, and most importantly we’d get to spend the very limited amount of time we have on this planet doing something we are truly passionate about, without having to worry about a roof over our heads, or feeding our kids.

The cost would be high.  Yea…it would. Nobody is denying that.  It’s not about a lack of money though, it’s about priorities.  We could cut military costs (the USA especially), healthcare budgets could come way down, less poverty, less stress, less strain on the system.  Police budgets are already way too high – less poverty/crime would be an easy argument to reduce these.  With a UBI, you could scrap: EI, OAS, CPP, Welfare and a myriad of other programs, plus all the administration costs associated with these programs.  At the very least we need to test a UBI on a large enough sample, for a long enough period of time and measure the results. Come on!

Permanent Increase In Working From Home

Hopefully a lot of companies realise that employees are more than capable and mature enough to work from home.  Working from home has a ton of benefits for both employee and employer:

  • Less office space needed/lower costs for employer
  • Breaks can be used to get stuff done around the house, more free time in evenings to spend with friends and family
  • Less people commuting – better for the environment.  To me, this is by far the biggest benefit.  Imagine 20-30+% of the workforce all of a sudden starts working from home.  What would that look like in every major city in the world. 30% less cars on the road, twice a day, five days a week.
  • The crazy thing is, a LOT of companies could easily allow employees to work from home – with zero change in productivity (in fact, employees may be happier, work harder and have less turnover), yet for no reason other than tradition, they continue to force employees to drive into an office every day.
Universal Healthcare

I’m Canadian, most of my readers are as well…but if Covid 19 teaches the world ONE thing for the future, I hope it’s that illness, viruses, cancer, etc are NOT YOUR FAULT.  You should never have to stress about paying for something like this, and NOBODY should ever go broke for getting sick.  Covid 19 is showing the world just how ridiculous it is having health insurance tied to employment.


Online Voting

I saw some people posting about how senators may be able to vote on bills remotely due to Covid 19.  Here is an idea…how about give EVERYONE the option to vote online in elections.  Voter turnout in North America is pathetic (partly due to certain parties making it difficult for certain people to vote).  That said, it’s 2020, you can seriously do EVERYTHING online.  Just let us fuckin vote online*.
*Regular voting would still be open, for those without access to internet, computers, etc.

Wash Your Fuckin’ Hands

I cannot believe this made the list…but hopefully this whole washing your hands thing catches on. I cannot believe how many people didn’t do this before (people in the washroom at Jets games I’m looking at you).  Hopefully everyone now realizes that washing your hands is actually super easy, and kills those pesky germs!


Lastly, hopefully we learn electing a senile, narcissistic, petty reality TV star which controls the world’s largest economy, military, and has the biggest global influence is a terrible fuckin’ idea.  Unfortunately, based on the fact Joe Fuckin’ Biden is going to be the person running against Trump….i’d say we are fucked regardless.


On that positive note – I’m going to pour myself one more bourbon, jump in a vanilla scented bubble bath and get some sleep.





Forward Dividend Goal Achieved!

2020 Forward Dividend Goal: $12,000

I don’t need to tell you this, but the markets have been pretty insane.  I wasn’t expecting to make so many purchases so early in the year, but sometimes when a stock you’ve been watching for a year (or more) finally gets into a range you feel comfortable buying – you have to jump on it.

It’s only March 10, and already this year I’ve made five purchases.  What did I buy?

Stock Purchases

Chorus Aviation:  The industry have been hit hard, but just prior to the corona virus outbreak, this stock had reached a new 52 week high, posted pretty solid results and it’s leasing business was chugging along nicely.  Short term pain for long term gain.
I added 618 shares which adds an additional $296.64 to my yearly dividend income. This allows me to drip an additional 6 shares a month at these prices.

Diversified Royalty Income: Another position I added to.  I’ve held Diversified Royalty for a while now, and it’s performed pretty good for me – the only concern I ever had with this stock was the payout ratio – I’ve written about Diversified Royalty a few times, and every time I mention the payout ratio and the fact they need to add another royalty stream or two to get the payout ratio to a more manageable level.  Well, after a long standstill with no acquisitions, the management team pulled off two quick acquisitions over the last year or so.  It started with Mr. Mikes, which let’s be honest, was just meh…but it did allow them another stream and a bit of diversification.  What came next was great though, within a couple of months, they added Nurse Next Door AND Oxford Learning.  With the addition of these last two, they were able to bring down the payout ratio AND increase the dividend!  I added 400 shares which adds $92.00 to my yearly dividend income, and allows me to drip 2 additional shares a month.

Ishares XAW ETF:  With this purchase, XAW is now my single largest holding.  I use it as a broad diversification tool, not just for the wide range of companies it holds, but for the global diversification as well.  The rest of my holdings are mostly Canadian stocks or funds, which is the sole reason I chose XAW (it holds over 8000 stocks from companies all around the world EXCEPT Canada).  I added 1500 shares of XAW, which adds $875.00 to my yearly dividend income, and allows me to drip an extra 30 shares a year.

New Flyer: I finally pulled the trigger, and initiated a position in New Flyer.  This is a company I like holding for a few reasons.  It’s local, it’s been a great success story, the dividend keeps growing, and I believe more and more cities will (and should) move towards electric/diesel buses.  I added 269 shares which adds $457.30 to my yearly dividend income.  At current prices, I should be able to drip 4 shares per quarter.

Go Easy Financial: Another company I added to. They’ve been a crazy success story in Canada, they generate a TON of free cash flow, they are increasing their dividend, buying back shares, and growing revenue at unheard of rates.  Regulation could hurt them – but they could also expand into the USA for more crazy growth.  I added 175 shares which adds $315 to my yearly income.  Unfortunately RBC Direct Investing doesn’t allow Go Easy to drip shares at this time.

These five purchases add $1985.94 to my annual dividend income.  This pushes my forward dividend income to $12,059.69!

Assuming there are no dividend cuts (knock on wood), this means I’ve hit my 2020 Forward dividend target of $12,000 and it’s only March!  I’m not sure how much (if any) more I’ll buy this year, or what my forward dividend income will be at the end of the year, but it feels good to actually hit a goal.  I’m usually terrible with goals.  Hell, the last 2 years I made a January Goals post, and never followed up with them once…so I’m going to enjoy this one just for a minute or two (before I start feeling bad about the other 10 goals I made that I didn’t follow through on….)







3 Canadian Female Fintwits to Follow This International Women’s Day

Sunday March 8th is International Women’s Day here in Canada.  I figured the best thing I could do to celebrate this is to share 3 of my favourite female blogs/twitter accounts.

So let’s get to it!



dividends investing finance canada gen y money GENYMONEY.ca

Gen Y Money and I have a bit of a friendly competition going each month to see who will out earn the other in dividend income.  Aside from that, she also runs one of the more popular finance blogs in Canada, with posts that range everywhere from monthly dividend reports to comparing credit card reward programs to travel hacks.  We are also both still stubborn stock holders of the seemingly always disappointing Power Corporation.  I thoroughly enjoy reading her site, because of the wide range of topics it covers, and she sometimes does deep dives into Canadian stocks as well.  She is also super friendly, helpful and active on social media so give her a follow on TWITTER 



Sarah smile and conquer investing dividends

Sarah is from Alberta, is a huge Oilers fan, and runs the website Smile & Conquer.  Although she is mostly anonymous, we know she works in finance, loves to travel, and is a great resource for anyone looking for budgeting, money saving or investing tips. She recently went on a couple trips that looked amazing, which I know about because I also follow her on INSTAGRAM.  Sarah become an instant favourite of mine after she participated in my “Better Know A Blogger” series, where I interviewed a bunch of personal finance people to get to know a little more about their personal lives.



Bridget Casey

You probably already know about Bridget, as she runs, what is probably the most successful financial site in Canada (Money after Graduation).  I’m not here to talk about that though, because I actually prefer following her personal account on twitter, where she is a lot more open, blunt, and political.  Alt right need not apply…. 🙂

Give her personal account a follow here


To all the men – remember to be extra kind to all the ladies out there, not just tomorrow but every day.