CASH: Where Should You Keep it? | Cash Savings ETFs in Canada & the U.S. Stock Market

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  • Опубліковано 29 жов 2024

КОМЕНТАРІ • 117

  • @PassiveIncomeInvesting
    @PassiveIncomeInvesting  2 роки тому +2

    Hi Everyone, In case you want a Higher Yield alternative to these CASH ETFs but are willing to take a bit more risk... make sure to check out these 2 videos on ETFs i consider "safer" to park CASH as well: ua-cam.com/video/M5JvlizWIbM/v-deo.html + ua-cam.com/video/iSW-c8mounQ/v-deo.html

  • @catherinedesilets8960
    @catherinedesilets8960 Рік тому +1

    Adriano!!! A down to earth millionaire that is transparent, honest & fair - such a pleasure to have had a chance to get advice from (one on one coaching) … I could have never started my journey without your personal guidance 🎉

  • @Bigbarry889
    @Bigbarry889 2 роки тому +2

    The little music is MUCH more better than the old one!!

  • @stepannovotny4291
    @stepannovotny4291 Рік тому +1

    I'm getting a lot out of your videos, and those which espouse split corps and derivative backed ETF's are very informative and well worth watching even though I dislike those vehicles. Keep up the good work =)

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  Рік тому

      Great to hear!

    • @stepannovotny4291
      @stepannovotny4291 Рік тому

      And also the hidden fees within the above structures, such as TER.

    • @stepannovotny4291
      @stepannovotny4291 Рік тому

      ...oh, and also focussing on growth ETF's with the above structures. Invesco is certainly pushing the envelope in this realm and IMHO may folks don't even realize they're buying Swaps!

  • @dor1994
    @dor1994 3 місяці тому

    Are these best to hold in a TFSA?

  • @Inquisitive9
    @Inquisitive9 Рік тому

    Are HISA ETFs market risk free for the capital invested. Can their values drop if interest rates drop.

  • @JOHNHSMITH2
    @JOHNHSMITH2 2 роки тому +3

    I just feel bad for ppl who bought QYLD at 24 or 25 and now will get a .15 distribution:( JEPI/JEPQ killin it.

  • @RenosVids
    @RenosVids 2 роки тому +3

    With BMO Investorline High Interest Savings account you can get 2.9% with no fees currently!

  • @mlv1351
    @mlv1351 3 місяці тому

    Hello Adriano. Love all your videos. I'm a member of the PII club. I'm Canadian. I need to park USD $ for the next 6 months. Its in a margin account (not registrered). Which ETF would you recommend? 1. would prefer to keep in USD 2. Would prefer to invest in Canadian mkt to avoid the withholding tax if any. I found HISU: do you have a another recommendation?

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  3 місяці тому

      hi there, i cannot provide recommendations via comments. but 6 months is short. i would go with a short bond option . maybe SPAY.U

    • @CatherinePaquetRivard1963
      @CatherinePaquetRivard1963 3 місяці тому

      @@PassiveIncomeInvesting Thanks. I will look at SPAY.U. Also found HISU. Will look at both. Thanks for taking the time to reply. Regards.

  • @Magdalene777
    @Magdalene777 2 роки тому +2

    I'd like to hear your thoughts on the overall market, rate hikes and inflation and if it's effecting your investing strategy or outlook.

  • @fernandodoria8717
    @fernandodoria8717 9 місяців тому

    Are Dividends from a CASH ETF, taxed by the CRA as Canadian Eligible Dividends, or as Capital Gains?

  • @playonwords55
    @playonwords55 Рік тому

    Can you recommend a government bond? It seems there are so many of them. How does one choose one? Thanks

  • @titchglover2601
    @titchglover2601 Рік тому

    thanks for the video I assume it works like an etf? any amount I want to add ? for any amount of time? I see many using CASH on Blossom social. What about Eqbank? any thoughts on it? I wish the banks would offer a savings account with a decent int rate thanks.

  • @stanleylu3625
    @stanleylu3625 2 роки тому +3

    Wouldn't banks such as Simplii financial with a rate of 4.75 in their high interest savings account outperform everything you mentioned?

    • @ggpp6252
      @ggpp6252 2 роки тому +3

      I think these reported rates are only for a short promotional time, which is quite misleading. They are not annual rates if I am not mistaken.

  • @namnguyen7952
    @namnguyen7952 8 місяців тому

    Would I lose money if I buy the etf at 50.08 and then have to sell it 2 weeks later at 50? Does that mean I lose 0.08? Or after selling the etf, I would get 0.08 back when CASH distributes dividends ?

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  8 місяців тому

      i know what you are saying.... and it doesn't work lol

    • @namnguyen7952
      @namnguyen7952 8 місяців тому

      @@PassiveIncomeInvesting hiii does that mean that I can just buy CASH with my extra cash and sell it whenever without worrying that I would lose money?

    • @SA-hy7ef
      @SA-hy7ef 5 місяців тому

      I am wondering the same.

  • @lastempire7302
    @lastempire7302 Рік тому

    How are these distributions/dividends taxed in a nonregistered account? Eligible Dividend or taxable income?

  • @tenniswilliam
    @tenniswilliam Рік тому

    This is useful. The only problem i have is in TD Webroker none of these can be purchased. I would have to move my TFSA to a different broker. Are you aware of any similar ETF that can be obtained on TD.

  • @joellandry3903
    @joellandry3903 2 роки тому

    Perfect for the New celi app

  • @JOHNHSMITH2
    @JOHNHSMITH2 2 роки тому +1

    Thanks for this video. Didnt know these existed. May replace m long term savings w one. Ill look onto them more

  • @andredsouza2320
    @andredsouza2320 2 роки тому

    If we were to invest in one of these in a margin account, how would the dividends be taxed? like interest, or dividends?

  • @thinkandretire
    @thinkandretire 2 роки тому +1

    Good job in putting together such a nice and useful video for Cash Saving ETFs. Learnt quite a bit. Easy to follow! All the best!

  • @dacxem
    @dacxem 2 роки тому +2

    Trick question right? get it invested :)

  • @katalystc1268
    @katalystc1268 2 роки тому

    I cant find any of these on RBC investing. Is it a conflict of interest or something

  • @jessicarenyan
    @jessicarenyan 2 роки тому

    Is it safe to park my emergency fund using these ETFs?

  • @PlebThinker
    @PlebThinker Рік тому

    What does the king think about ZWU?

  • @unknowna1
    @unknowna1 2 роки тому

    Love the new intro

  • @nadonadia2521
    @nadonadia2521 2 роки тому +2

    Very interesting video , it 's what i was looking for, you save me a lot of time researches thank you.

  • @neilmac4730
    @neilmac4730 2 роки тому

    Since you reinvest is the reason your monthly income continues to grow!

  • @jimmynguyen880
    @jimmynguyen880 2 роки тому

    What about dividends etf (like zdv) vs these ?

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому

      well that's not "cash" :) this was just to show where you can actually leave it and make some interest instead of the bank

  • @awong8784
    @awong8784 2 роки тому +1

    How about invest in US Treasury bill/note/ bond? 1 year almost 4% risk free. Is it good choice ?

  • @JesusRodriguez-ku9kg
    @JesusRodriguez-ku9kg 2 роки тому

    Nice! This deserves my subscription. While checking these 3 etfs I just found also HSAV which doesn't distribute but reinvests it, seems attractive too, Have you talked about this kind?

  • @TwinsDragon3
    @TwinsDragon3 2 роки тому

    Appreciate the insight. Was looking to park some cash and this is a great alternative to GIC's.

  • @RonnieM90
    @RonnieM90 Рік тому

    There are some newer ETFs that might fit into this category. NEOS has CSHI. Simplify has HIGH. I feel both of these ETFs are interesting. Another ETF that has been around for a while and deals with bonds is SPHY. Neos also has BNDI that deals with bonds.

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  Рік тому

      yes see my latest cash parking video, those 2 are mentioned there

    • @RonnieM90
      @RonnieM90 Рік тому

      @@PassiveIncomeInvesting Sorry about that. Some other ETFs that ate similar to JPST and ICSH are SHV, BIL, SGOV, and MINT. These are considered short term bond ETFs. Also, there are floating rate bond ETFs like FLOT, FLRN, FLTR, VRIG, and TFLO. They all seem to perform similar. The short term bond ETFs seem to have dividend yields around 4%, and some of the floating rate bond ETFs seem to have dividend yields around 5%.

  • @PercyY-ib2vx
    @PercyY-ib2vx 2 роки тому +5

    Just to let you know the banks (e.g. TD Webbroker) forbid you to buy these funds because their rates are much lower. I have been trying for months to buy these money market funds.

    • @PercyY-ib2vx
      @PercyY-ib2vx 2 роки тому +1

      @@stephenrutherford All cannot be purchased from TD. I am reluctant to transfer my account to private brokerages as it takes time and unsafe in case of a financial meltdown. These savings etfs are in direct competition with the banks for saving deposits and the bank’s rates are much lower and so they stop you from buying.

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому +1

      That’s insane … don’t worry about a meltdown my friend lol

    • @crazywaffleking
      @crazywaffleking 2 роки тому

      You could dfn or ftn, class A share. The price isn't 100% stable but stays close enough to $10 and you can get 5-6% yield.

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому +1

      You mean the preferred share

    • @PercyY-ib2vx
      @PercyY-ib2vx 2 роки тому

      @@PassiveIncomeInvesting all daily savings etfs

  • @crazywaffleking
    @crazywaffleking 2 роки тому

    Class A split funds also work

  • @theletterx8828
    @theletterx8828 2 роки тому

    Would you consider this a replacement for Bonds ETF?

  • @danb8379
    @danb8379 2 роки тому

    Awesome info. Never knew about these.

  • @XInfinity2024
    @XInfinity2024 2 роки тому

    Good video. I would love to hear your thoughts on if you would recommend people to hold these kind of ETFs in tax sheltered accounts like the TFSA and Roth IRA

  • @lucimorth
    @lucimorth 2 роки тому

    You forgot the Horizons CASH ETF...

  • @roozbehbarirani
    @roozbehbarirani 2 роки тому +2

    Can you make a video comparing 30 yrs of investing and renting vs 30 yrs of paying a mortgage including all cost of owning a house for ??? I can't wait to hear from you ... Tnx for all ur videos ... Have been watching u since u had 5k subs ... Great growth

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому +1

      Thanks for the loyalty ! I wouldn’t know how to present concrete data on this suggested video . Where the home is is a huge factor and what you invest in also

    • @XInfinity2024
      @XInfinity2024 2 роки тому

      That kind of video is very hard to do because interest rates , rent in each area and property tax in each area alone are so different and as for all the cost of owning a house will be a lot different depending how old a house is.

  • @hanskuettner3741
    @hanskuettner3741 2 роки тому

    Hey hi hello! Love the videos so much that I've wanted to open a quest trade account but the code doesn't work :( Their chat assistance also say it's inactive.

  • @ledeux
    @ledeux 2 роки тому

    It say 1.15% yield on webull and WS

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому +1

      stop looking at WS Yields...

    • @carlof2882
      @carlof2882 2 роки тому

      @@PassiveIncomeInvesting why are the WS yields all messed up?

    • @brahimaljene6664
      @brahimaljene6664 2 роки тому +2

      Wealthsimple shows a trailing yield relative to the 12 previous months, not the projected yield.

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому +2

      Yup , it’s probably the number 1 question I get

  • @kng2003ca
    @kng2003ca 2 роки тому +1

    Wondering how the Net Yield of 3.59% of Purpose Cash is calculated?

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому

      Hi Kevin , NET Yield is what the investor gets i believe, not the GROSS yield. i'm meeting with Evolve ETFs tomorrow ill ask them, since they have a similar Cash etf. Make sure to watch that video probably out in 2 weeks :)

  • @landwarrior348
    @landwarrior348 2 роки тому

    So the distributions from these ETFs are considered dividend or interest? The difference will impact taxes.

  • @MIngegneri
    @MIngegneri 2 роки тому +1

    Perfect timing. I'm retired and my monthly PI is more than I need so I'm reinvesting each month. I'm planning to buy a place in the next couple of years and since I'm not sure where the market will be I've decided to park more of my PI distributions in cash so I don't risk selling at a loss when I need the money. Like I said, perfect timing !

  • @scottmartin1735
    @scottmartin1735 2 роки тому +1

    Very informative video! Thank you. I had no idea this existed!

    • @PercyY-ib2vx
      @PercyY-ib2vx 2 роки тому

      I am in fixed income 6 months ago. This is not timely. I am sure you lost money already

    • @scottmartin1735
      @scottmartin1735 2 роки тому

      @@PercyY-ib2vx not Invested in any. Just found this interesting!

    • @Rob-ob3sh
      @Rob-ob3sh Рік тому

      Are these ETF’s insured ?

  • @marcelmedina8706
    @marcelmedina8706 2 роки тому +2

    great video, very timely considering many excellent ETF's are dropping in price at the moment.

  • @AlexSuperTramp-
    @AlexSuperTramp- 2 роки тому +2

    Can you explain why the yield is expected to by about 2.5% when the fund claims to return 3.6%? Great video thanks!

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому

      im not 100% sure. maybe they have to pay fees on their end?

    • @beauchampfrancois151
      @beauchampfrancois151 2 роки тому

      It's even lower on TradingView.... mmmh. Food for thought.

    • @adamo1827
      @adamo1827 Рік тому

      Maybe because you have to factor in the management expenses, i.e. MER?

    • @bhaalgorn
      @bhaalgorn Рік тому

      Because hisa rates weren't that good a year ago... it's taking a yearly average.

  • @blugan
    @blugan Рік тому

    Liked!

  • @nansw644
    @nansw644 2 роки тому

    What is needed for the stock market to collapse or stay flat? Is this realistic for the current conditions of the world?

  • @Goforitmanager
    @Goforitmanager 2 роки тому +2

    Great video and good to know there are other options out there.
    Motive financial is paying 3% on their high interest savings account, just wonder how taxation compares between the funds and the savings account.

  • @vicfontaine5130
    @vicfontaine5130 2 роки тому

    I know you've talked about the psychological effect of covered calls as opposed to growth investing, how do you feel about paying off a mortgage vs investing

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому +1

      Tricky question ! 😉😉

    • @jacquesfournier4616
      @jacquesfournier4616 2 роки тому

      Hi, I paid my house $40000, 40 years ago; the market price is now $600000....meaning a 7% yield. If you invest, you pay a rent but no taxes, and you could beat that 7%, if inflation is not going to the roof. @@PassiveIncomeInvesting

  • @jacquesfournier4616
    @jacquesfournier4616 2 роки тому +1

    Nice video. I use preferred shares of split fund for that purpose. It turns around $10 plus or minus, but the yield is much higher.😁

    • @blanksy_-
      @blanksy_- 2 роки тому

      and not highly taxed as interest

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому

      yup i discuss those in a previous video "safety ETFs" but this was specifically for CASH

  • @RecentlyAdults
    @RecentlyAdults 2 роки тому +1

    unfortunately TD direct investing doesn't allow you to pick up these etfs!!