I didn’t get the new job (-_-;)
About 4 months ago I blogged about going for an interview at one of my favorite restaurants in the world. I was already making passive income from their stock dividends, but I decided it would be fun to make some active income as well by working there part time! Unfortunately I still haven’t heard back from their recruiter yet so I think it’s safe to assume they do not want me. Maybe I’m just not qualified to work at McDonald’s Oh well. Perhaps the sluggish economy is partly to blame.
July Employment Numbers
Speaking of the economy, south of the border the US gained 162,000 net new jobs last month. Employment rose in retail trade, services, and financial activities. They need to create about 250,000 new jobs every month to sustain a normal recovery. So the US dropped the ball a little bit in July, but it’s still an enormous success when compared to Canada’s poor performance. We lost about 39,400 net jobs last month 🙁 Most positions lost were in the public sector like teachers, social service workers, and other government employees. Below is a broken down look at Canada’s job numbers.
Making Money at the Movies
This actually happened a couple months ago but Cineplex has increased their dividends 😀 This has been one of my favorite stocks 🙂 A couple years ago I blogged about how I invested $2,000 in CGX:TSE which owns movie theaters in Canada. I predicted that theaters would be in a great position to take advantage of all the upcoming movie brands and releases without the risk of investing in individual Hollywood studios directly. CGX dividends rose from 11.25 cents/share every month, to 12 cents 😀
Since I have 80 shares every year they pay me $115. That’s more than 5% return on my initial $2K investment 🙂 It’s also a nice bonus that the stock price has climbed to $39/share today 🙂 Anyone else own CGX? If you love movies you might consider putting your investment where your passion is 🙂
Blog roundup – Personal finance and other interesting articles from around the web
- Seapotato found a 25% off coupon for Chapters. Perfect timing for the back to school season.
- Modest Money has a post about the true cost of car ownership.
- CF from Outlier Model gives some tips about how to save money on textbooks.
- Making Sense of Cents has a post about staying healthy on the cheap
- Mashed Thoughts shares her review and some stunning photos of Hawksworth in DT, Vancouver