May 2022 Dividend Update

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May was one of those months that tests your resolve. The market was down quite significantly and at one point my portfolio was down over $3000,  pretty much wiping out the money received from dividend payouts since starting this journey.

But I am holding firm. Short term fluctuations are to be expected and we all know that over the long term the market generally rises.

Onto the numbers.  The month of May saw a total of $464 in dividends coming in to my TFSA accounts. I will be using these dividends to increase my holdings of the ETFs that are currently down, lowering my average cost per share for those stocks.



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