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
Sorry to hear about the job. That’s great about Cineplex but no I don’t own any. I really need to get set up and start buying but I need to understand how to do it step by step….. Thanks for mentioning CBB.
I have a brief tutorial https://www.freedomthirtyfiveblog.com/investing/stock-market-investing but each trading website will be slightly different. Let me know if you have any troubles picking a good discount brokerage firm 🙂
thanks I’ll go check it out now 🙂
Interesting about Cineplex, but I own very few stocks. I bought my stocks for growth vs. dividends. Thanks for the links, I am in good company.
I like your strategy too. In the end both dividends and capital gains are welcome 🙂
Sorry about the job, have a nice weekend and thanks for the mention!
No problem, you too ^_^
Bummer about the job. If it was at McDonalds, your complexion will thank you anyway! 😉
Thanks so much for including me in the links.
That’s probably true 🙂 Cheers.
I own some shares in cineplex as well. Didn’t know they increased their dividends! I go to the movies a lot so it only makes sense to own shares too lol
It’s good to invest in the companies you genuinely like 😀 It’s one of the criteria I use to pick my stocks.
Sorry to hear about the job!
Yeah, too bad. I guess I should just be happy I already have 2 jobs. Maybe adding a third one would be too selfish of me, taking opportunity away from other people 😕
Mc-ie D’s is hiring in my neck of the woods if you are interested in moving to Ontario… Over the weekend I passed 3 all with signs “We’re Hiring”… I debated about buying some CGX the last few times I’ve had cash to dispense, but still own none… bummer as it seems to just keep rising, Maybe one day… Other stocks won’t be screaming at me to buy them and then I’ll own some – Cheers.
One of my friends just moved from Vancouver to Toronto and found a job there in marketing 🙂
A bonus comment – The one liners you tweet remind me of my favourite comic ever – Mr. Stephen Wright (from the 80’s, which I guess dates me a little) – if you have never heard of him, or seen any of his stand-up you should look him up on the interweb – Cheers.
Hah, I looked up some of his works on YouTube after reading your comment. His humour surprisingly still holds up today 😆
Sorry to hear about the job, on the plus side however you can now go and start your own business 🙂 Thanks for the mention, I really appreciate it!
Ya, maybe I’ll just start my own fast food chain and give them some competition 🙂
Sorry to hear about the job. I hope the right opportunity comes along. Great news about the dividends, though! Having dividend income, even if it is a very small part of my income, is a goal of mine both short-term and long-term.
You and I both. Can’t wait until I’m making a thousand dollars a month in dividends.
You hold McDonalds stocks, so you a owner of the company. How can they hire owner for a labor job. So, don’t worry. I own some CinePlex stocks, I rewared well in capital gain and dividend increase.
That’s a very good way to look at it Arunan 😆 If anything, they should be working for me 8)
Agreed with Arunan.
Good news for Cineplex shareholders!
Thanks for the mention Liquid. Hope you had a great weekend!
Had a swell weekend, thanks 🙂 Hope your’s was great too.
I am sorry about the McDonalds job. Just keep looking I am positive that you would get one soon.
Thanks. I’ll try to look into other opportunities when they arise 😉
I figured you would be a bit overqualified for the job. 😛 I think they want someone who would be a lot more flexible than you are! Too bad though; was interested to see what it would be like to work there. And I would HAVE to get tired of the food eventually, right? 🙂
Thanks for the mention!
Get tired of McDonald’s food? Hah, never 😛 I can never get enough of just their fries alone, om nom nom 🙂 Plus they’re always coming out with new products every year haha.