Bob Lai

1 week ago | tawcan.com | Bob Lai

We all know that post-secondary education is getting more and more expensive. Fortunately, the Canadian government created the Registered Education Savings Plan (RESP), a tax-deferred investment account to help families pay for a child’s post-secondary education. Note: by post-secondary, I am referring to education after high school, that includes trade schools, colleges, CEGEP (publicly funded colleges in Quebec), universities, and apprenticeship programs.

2 weeks ago | tawcan.com | Bob Lai

Founded by Michael Katchen in 2014, Wealthsimple has been slowly expanding its financial products for Canadians. In early 2024, Wealthsimple beta launched its Visa Infinite card, which offered cash back and some additional benefits. Since the initial beta launch, Wealthsimple has updated the Visa Infinite card’s features. Because this card has been in the beta stage, you can’t simply apply for it. It is available only by invitation.

3 weeks ago | tawcan.com | Bob Lai

I have always enjoyed hearing from readers, whether it’s via comments or emails. Quite often, I learn a few things through these reader interactions and sometimes a blog post comes out as a result. That’s how the $360k dividend income/living off dividend post with Reader B got started – with a simple email exchange…Anyway, I received a few emails recently that had a similar tone. They went along the lines below:“Congratulations on getting sizable dividends.

1 month ago | tawcan.com | Bob Lai

Welcome to our latest monthly dividend income update! We have been doing these monthly updates since the birth of this blog to track our financial independence progress. It is our way of showing that it is possible to build up a sizable dividend portfolio over time that can generate sufficient dividend income to sustain our annual expenses and support our lifestyle.

1 month ago | tawcan.com | Bob Lai

Welcome to Part 3 and the final part of our 20-day Taiwan trip report. I hope you have enjoyed reading about our trip and seeing all the pictures so far. Visiting Taiwan for 20 days – our itinerary & experience (Part 1)Visiting Taiwan for 20 days – our itinerary & experience (Part 2)After 8 days in Taiwan, we visited Taipei and Jiaoxi and finally made our way to Taichung where we’d spend the next 7 days, visiting relatives, and celebrating the Lunar New Year.