Dividend Investor: Now CC Income Investor

I'm a believer of, if I invest into a company, what do I get out of it?

Dividend investor sees anything over 10% yield as high risk of a cut or share split if it keeps going up. The 5% yield mark was key.

When I started investing back in April 2020, Covid Times and had lots of time on my hands. Friend said I should check out stock market and I did. I started researching into companies, how to invest, started at looking which Broker to go with (BMO Investor-line) and once that was setup, I funded the TFSA account slowly. Cash Savings transferred to Investing.

I already had a few companies picked out by the time account opened, that I wanted to invest in. Also at this time, lot of things were happening and some actions hadn't come into play. Growth wasn't my thing, dividends were for I knew in my future I'll be needing income for retirement.

Very first trade Cenovus @ $4.43 110 shares. Than came in others, BMO, BNS, TNT.UN, CHE.UN, HR.UN, EIF, BPY.UN, CHR, CPX than others over time.

Than the learning curve came into effect. Dividend Cuts and Stops. Learning about DRIP (if you were short 1penny, it didn't happen) and how to factor in the trading fee to off set cost. So my buys were to me at the time, big. $9.95 fee killed any small trades.

2023 I switched over to Wealthsimple for they now got DRIP going and I moved everything over to them from the TFSA account. DRIP was total amount going into holding, fractional shares = Full Snowball effect was easy to see.

But over this time, company takeover - buyout, going private, dividend increases, dividend cuts, dividend no more, stock splits (bad ones and good ones) yep hitting my yearly growth income. Can't forget the good old kicker, delisted.

That is called, learning = knowledge.

Why when I see a holding was worth $100 or $1400 years back but only a few dollars today, I ask why and I dig in, why the down fall. I see splits in its history, I move on, but if its just a crash, is it worth it? Bought into the local brewery, felt great walking in there to buy beer, I'm a shareholder receiving dividend but short lived for Carlsberg bought them out. All shareholders received cash for their shares.

Mid 2025 Is when I came across Cover Call ETFs again and this time, paid attention. ULTY we know it and what it did, only four months I was in it before their second split, I jumped out. Did not bet the honey pot on it. CDAY, SDAY hit the market and buy in small position. But BIGY was the one that got my eye and that's when I dug in and heavy research, specially when Adrain showed his holding of it and I saw numbers. Five Days all it took, hardest part was selling long time holdings but was easy to reinvest that cash back into a CC-etf holding that company.

I'm only 72% invested in CC-etf, the rest 28% old holdings.

This year January $1091, May $1520 in monthly income.

Yearly Income for that year.

2020 - Apr$1,889.82

2021 $1,943.98

2022 $2,536.75

2023 $3,096.93

2024 $2,976.77

2025 - Sept $2,686.19, Oct - Dec $1,866.13 = $4552.32

2026- May $6,464.89 so far.

All holdings on DRIP, DCA new cash from me into old in the red. Rule - don't sell RED, only GREEN.

Just sold CANY and INTY for small gain, reinvested into EASY, nice little raise per month.