Former Amaya CEO David Baazov sells 7 million shares + MORE Mar 8th

Anyone wanting to invest in the company that owns Snapchat now has an opportunity to do something that early investors were unable to do: buy shares for less than they cost on the first day of trading three days ago.
After tumbling 12 per cent Monday, shares of Snap Inc. fell another 11 per cent in early trading Tuesday, to $21.10.
Snap priced its initial public offering of 200 million shares at $17 each. Shares opened at $24 apiece Thursday and jumped 44 per cent on its first trading day.
Industry analysts grew leery of slowing user growth numbers last year and everyone is now trying to figure out the value of a young company that is quickly catching up to Twitter in the number of people who use it.
The IPO of the Los Angeles company was the most anticipated arrival since Twitter Inc. entered the public market in 2013.
In a recent filing with the Securities and Exchange Commission, Snap said that it had 158 million daily users in its fourth quarter, up 48 per cent from the prior-year period…

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Baazov sold the stock the S&P/TSX composite index for $19 per share, totalling $133-million

Save, invest, prosper with My Own Advisor.
Welcome to my latest dividend income update.
For those of you new to these posts on my site, every month I discuss our approach to investing focusing on Canadian dividend paying stocks.  We believe buying and holding a number of Canadian dividend-paying stocks in our tax-free (thanks TFSA) and non-registered accounts will, over time, provide some steady monthly income for future wants and needs in retirement.
Thank you February.  It was a good month.  While I was away surfing in Costa Rica no less…

….the following companies raised their dividends while I was on vacation. No stock monitoring here friends – just buy and hold and reinvest all dividends paid for future income:  Bank of Nova Scotia, Royal Bank, CIBC, Chartwell Retirement and more.
Thanks to those dividend increases we’re on pace to earn $14,200 this calendar year from our Canadian dividend paying stocks in our tax-free and non-registered accounts.  To put that income in perspective, that will cover the following expenses as long as we live with room to spare without touching the capital:

Home property taxes (currently $350 per month, estimated $4,200 per year)
Home utilities (currently $650 per month, estimated $7,800 per year)

A reader recently asked me the following:
Hi, maybe you have covered this before but could you go over how you keep track of your investments and dividends to end up with your progress graph and your percentage and dollar estimates? I’m not a spreadsheet or tech kind of girl and this stuff baffles me Thanks!
Well, to help you out, I’ve put a simple Dividend Income Tracking Tool on my Helpful Sites page so you can track your own passive income journey…