I think the *_GREAT 8,_* is a great way for someone starting out in investing. I think the *_GREAT 8,_* is a great way for anyone who wants consistent monthly dividends.
Excellent video. I've mentioned this before on some of his previous posts. I've knocked five years off my retirement by passive income investing. I'm 61, retired at 60, generating 44k a year in dividends, not touching the principle. I'm dripping my TFSA with income ETF's as well, have not touched that income at all. And I'm up 8% on the capital purchase. BMAX, HDIV, HYLD, HDIF, EIT are my main holdings. Living comfortably.
in depth and exclusive Q&A with Hamilton will be out tomorrow. you will see who the guy is managing the ETFs. He looks like Clark Kent (Superman). i think he is.
Thanks Adrian ! I believe the more you mention management fee on income ETFs the lower the MER will be !!! Your contribution on MER war across funds really benefiting us. Thank you again and keep up the great work !!! 🎉❤
Been following Adrian for a good while now. As a, soon to be (2025), Canadian ex-pat I appreciate some of the reasoning and logic behind some of his holdings from a non tax resident perspective. As a current resident his clear explanation behind his Canadian approach has been a real bonus to me. I have HYLD, USCL & QQCL as my core positions.
I think the great 8 is great for anyone who needs the income for semi retired or retired income im about 5 to 10 years from retirement so for now I'm still focused on growth and for me is HXS which is beatings QQQ and VOO 😮
I would be most grateful if you could do the same video for the USA ETF. Also, as a diversification, is it an idea to divide the portfolio into equity, gold bonds etc?
@@seangreen8262 for gold I use the Sprott PHYS. it doesn’t pay dividends, but it’s up over 50% from when I bought it a couple of years ago and I’ve just been been making withdrawals from it as gold hits new high(s).
Excellent video as always! Would be great to have a video where you cover Canadian only ETFs where we can benefit from the Canadian Dividend Tax credit.
that would be CNCL but remember that Canadian stocks always underperform U.S. stocks and more importantly these funds give mostly capital gains and roc. which is treated even better than eligible dividends . trading performance for a little bit of tax efficiency in a cash account is not worth it in my opinion.
As most of my money is as a US resident , these funds are on the Canadian exchanges. Will go to your website to see which ones are equivalent for a US resident / brokerage.
Thanks for this podcast. Please do the non leveraged version. Thanks again for your answer concerning the Income tax as a Canadian citizen but Panama resident. Also, I have been watching many of your podcasts and I notice that Ishare ETFs were rarely mentioned, if possible, can you provide the reason why.
Thanks Adrian. I'm starting to make some changes to my portfolio. I'd like to add a few of these. I have become emotionally attached to my ZWC. I'm going to sell half and put into new positions. I also have 5 of the great 8. Doing well.
I invest in all of these and all of them are far ahead and keeping my portfolio in Green…. While all yieldmax and defiance kept my portfolio dragging down
As EIT is getting more expensive it is now down to below 8% income yield for new purchases. Great growth but moderate income. They are falling behind and only time will tell if your thesis is correct.
Being a snowbird, I'm in US most of the time and would prefer to invest in high income ETFs/funds that pay USD instead of exchanging my CAD to USD. I have HYLD.U in non-reg and TFSA. Any other high income ETFs you would recommend I buy and hold forever that will pay me USD? thx.
HYLD-U is probably all you really need. What more do you want than owning about 500 of the largest U.S. companies? If that one goes down, everything else is going down with it. However, if you want to add some diversification on the bond side, try HPYT-U from Harvest. Its yield is 16.57%; 100% covered calls; no leverage; Low-to-Medium risk. But as interest rates decline, expect the yield to drop closer to its target of 15%
One of your best videos Adrian 👌 . When people ask "what should I buy?"', i would recommend you tell them to watch this video 📹 . Very helpful and informative 👍
I guess that is a good start, but people should first consider what their circumstances are and determine what they are trying to accomplish with their investments. Yes, making their money grow is everybody's nobble outcome but there is more to it than that. For example, if they are working earning $100,000 per year and living comfortably, do they really need to own income funds that attract additional income tax for the government to pocket? And do they really need to produce income in an RRSP? They won't spend the income until they retire. And so, the income would have to be DRIPed in order to continue to grow. That being the case, they just simulated a growth strategy. So why own an income fund? Is it because they are lured by the high yield, confusing it with total return? If so, they are making decisions with a faulty assumption.
Honest question here. Before retirement, what is the goal to have these kind of dividends ETF ? They seems to have a lower total return than the S&P500 or Nasdaq for example. If I don’t need Monthly income from my investments, why should I have income ETF in my portfolio? Thanks in advance!
if you dont need income than you dont need these ETFs. but i think every person in the world needs income , do they not? their performance is still quite good. HYLD is beating the SP500 for example as of 2024. QQCL is holding up real good vs the -100 index . this common argument made against income investing (return argument) is valid, but is non existent on some stellar funds .
Thanks Adrian! This feels like another portfolio unveiled video. Definitely a list for a worry free core position to live off ETFs. Hope you got coffee mug in your store. Can't always wear the t-shirt in the office. 😁
All of the PII stocks can be considered a hold forever depending on ones av cost, for example my DFN at 28% for me is a hold forever because swapping it doesn't make sense, though buying more at below my av cost makes more sense as I'm a PII for life. I own HYLD and GDV and the rest of great 8 in my watchlist.
Great video. Great timing as well and I'm overhauling my Canadian portfolios right now. Would love to see your U.S. version of this video as well!! 👍👍👍
Would love to see a video that looks at these funds performance/total returns correlations to each other. I’m looking to add an income oriented fund to my RRSP with a long time horizon, but I’m wondering if I should just pick one rather than broadening out to a bunch of funds…I’m assuming they all move together?
Is there a quick way to understand the MER (%) and Managment fee %. Looking at Canoe website, I see 1.00 for Managment fee and 1.3 for MER. Is this 2.3% fee per year?
MER includes the management fee EIT.un: MER Excluding Issue Costs & Interest (%) 1.28 MER Including Issue Costs & Interest (%) 2.13 Management Fee (%) 1.00 my advice: look at the returns instead. returns are NET of all Fees
its not a problem at all. the volumes are fine and there are market makers. low vol is never an issue for ETFs . you can always use limit price if you are worried. i never ever had an issue with low volume etfs
A question for the purpose of learning please, does the fund charges by management fee or MER because QQCL MER is 2.33% compared to 0.85% of QQCC. If by MER then isn’t the fees for the QQCL is too high for the 2-3% higher yield than QQCC?
Please note - Leverage costs $ - it’s not free - so you must factor / expect interest costs $ for funding the leverage - this is the main reason IMO for higher cost!!!
@@terryfrancis9198Thanks, I understand that there is an extra cost for leverage but in this case it looks too high compared to other leveraged covered call ETFs. 1.48% extra MER for a 2-3% more yield. Hence was trying to understand this.
HBIE is only 6 months old and has only $4m AUM. I would like to see that get above $10m before putting any money into it. There are so many ETF these days, small ones that don't grow are at risk of getting wound up.
No, the fund itself pays the withholding tax. So for tax efficiency, you can buy it in your non-registered account so that at the end of the year, you get a T3 slip showing the amount of tax HYLD paid. That amount is refunded back to you through the foreign tax credit on you tax return. Your tax program does that for you automatically.
I think the *_GREAT 8,_* is a great way for someone starting out in investing.
I think the *_GREAT 8,_* is a great way for anyone who wants consistent monthly dividends.
i agree, i would add "GREAT 8, is a great way for someone starting out in INCOME investing."
Being a Canadian non resident, appreciate you think and support Canadian which is you and your youtube foundation ❤❤❤🎉
Excellent video. I've mentioned this before on some of his previous posts. I've knocked five years off my retirement by passive income investing. I'm 61, retired at 60, generating 44k a year in dividends, not touching the principle. I'm dripping my TFSA with income ETF's as well, have not touched that income at all. And I'm up 8% on the capital purchase. BMAX, HDIV, HYLD, HDIF, EIT are my main holdings. Living comfortably.
Thanks for sharing!
Inspired..❤
This is the goal! Congratulations
Glad to see more Canadian content again.
HYLD & HDIV are my two favorites / biggest & best positions
in depth and exclusive Q&A with Hamilton will be out tomorrow. you will see who the guy is managing the ETFs. He looks like Clark Kent (Superman). i think he is.
Thanks for focusing on the great 8. Love to see non-leveraged plus US ones.
Thanks Adrian ! I believe the more you mention management fee on income ETFs the lower the MER will be !!! Your contribution on MER war across funds really benefiting us.
Thank you again and keep up the great work !!! 🎉❤
i wish i had that kind of impact hehe
Fantastic video. Very very helpfull. Thank you very much.
BMAX has done really well for me, this year. I am up 18% just in the price, plus dividend.
Been following Adrian for a good while now. As a, soon to be (2025), Canadian ex-pat I appreciate some of the reasoning and logic behind some of his holdings from a non tax resident perspective. As a current resident his clear explanation behind his Canadian approach has been a real bonus to me.
I have HYLD, USCL & QQCL as my core positions.
Stellar video, G. Easily one of your best.
I agree! Very informative video? 👍
Thanks Adriano. Yes please do a similar video on non-leveraged funds.
I think the great 8 is great for anyone who needs the income for semi retired or retired income im about 5 to 10 years from retirement so for now I'm still focused on growth and for me is HXS which is beatings QQQ and VOO 😮
My favorite ones HYLD - EQCL - BMAX
I would be most grateful if you could do the same video for the USA ETF. Also, as a diversification, is it an idea to divide the portfolio into equity, gold bonds etc?
@@seangreen8262 for gold I use the Sprott PHYS. it doesn’t pay dividends, but it’s up over 50% from when I bought it a couple of years ago and I’ve just been been making withdrawals from it as gold hits new high(s).
Excellent video as always! Would be great to have a video where you cover Canadian only ETFs where we can benefit from the Canadian Dividend Tax credit.
Yes appreciate you focus us Canadian that is your basic audience ❤❤❤
You wouldn't get this. This channel is focused on Covered Calls ETF'S which distribute in Capital Gains not Qualified dividents.
that would be CNCL but remember that Canadian stocks always underperform U.S. stocks and more importantly these funds give mostly capital gains and roc. which is treated even better than eligible dividends . trading performance for a little bit of tax efficiency in a cash account is not worth it in my opinion.
Great content- do you reinvest your dividends or build cash positions inside your Rsp?
As most of my money is as a US resident , these funds are on the Canadian exchanges. Will go to your website to see which ones are equivalent for a US resident / brokerage.
Thanks for this podcast. Please do the non leveraged version. Thanks again for your answer concerning the Income tax as a Canadian citizen but Panama resident. Also, I have been watching many of your podcasts and I notice that Ishare ETFs were rarely mentioned, if possible, can you provide the reason why.
Love BMAX, have it as my core holdings for income and return!
Thanks Adrian. I'm starting to make some changes to my portfolio. I'd like to add a few of these. I have become emotionally attached to my ZWC. I'm going to sell half and put into new positions. I also have 5 of the great 8. Doing well.
I invest in all of these and all of them are far ahead and keeping my portfolio in Green…. While all yieldmax and defiance kept my portfolio dragging down
Please Do it for the USA🎉
Canoe EIT is literally buy and hold forever just buy this single one set and forget forever
As EIT is getting more expensive it is now down to below 8% income yield for new purchases. Great growth but moderate income. They are falling behind and only time will tell if your thesis is correct.
Being a snowbird, I'm in US most of the time and would prefer to invest in high income ETFs/funds that pay USD instead of exchanging my CAD to USD. I have HYLD.U in non-reg and TFSA. Any other high income ETFs you would recommend I buy and hold forever that will pay me USD? thx.
He needs to cover all if not majority of audience situation
HYLD-U is probably all you really need. What more do you want than owning about 500 of the largest U.S. companies? If that one goes down, everything else is going down with it.
However, if you want to add some diversification on the bond side, try HPYT-U from Harvest. Its yield is 16.57%; 100% covered calls; no leverage; Low-to-Medium risk. But as interest rates decline, expect the yield to drop closer to its target of 15%
HYLD.U is all you need :)
One of your best videos Adrian 👌 .
When people ask "what should I buy?"', i would recommend you tell them to watch this video 📹 .
Very helpful and informative 👍
I guess that is a good start, but people should first consider what their circumstances are and determine what they are trying to accomplish with their investments. Yes, making their money grow is everybody's nobble outcome but there is more to it than that.
For example, if they are working earning $100,000 per year and living comfortably, do they really need to own income funds that attract additional income tax for the government to pocket? And do they really need to produce income in an RRSP? They won't spend the income until they retire. And so, the income would have to be DRIPed in order to continue to grow. That being the case, they just simulated a growth strategy. So why own an income fund? Is it because they are lured by the high yield, confusing it with total return? If so, they are making decisions with a faulty assumption.
Very good presentation for helping to start in passive income investing!
Excellent video,Adrian! Thanks!
Good video. Great starting point.
Thanks. What percentage of the portfolio do you think should be held in the core funds?
IMO, a BIG %. the exact % is really up to you.
Very appreciated! Thanks
Thank you foe the presentation. Subbed.
Honest question here. Before retirement, what is the goal to have these kind of dividends ETF ? They seems to have a lower total return than the S&P500 or Nasdaq for example.
If I don’t need Monthly income from my investments, why should I have income ETF in my portfolio?
Thanks in advance!
Cashflow today without selling shares, growth will give you cashflow into the future, best for long time horizon
if you dont need income than you dont need these ETFs. but i think every person in the world needs income , do they not?
their performance is still quite good. HYLD is beating the SP500 for example as of 2024. QQCL is holding up real good vs the -100 index . this common argument made against income investing (return argument) is valid, but is non existent on some stellar funds .
Hi everyone. Is having all of these as an RRSP portfolio safe??? 30yr time horizon btw.
hey man quick question you said in a older video vfv is better than xeqt would that also apply to uscl and eqcl? great video thumbs up!
Allo Adrain. Bonjour. Could you please do the non leveraged version. Good show.
HDIV is my favourite
Thanks Adrian! This feels like another portfolio unveiled video. Definitely a list for a worry free core position to live off ETFs. Hope you got coffee mug in your store. Can't always wear the t-shirt in the office. 😁
Another great video. Keeping it simple with these all in one income leveraged ETFs.
Thanks as usual Adriano!
Definitely want to see the non leveraged version of this video!
Thank you for a most informative presentation. A presentation on your favorite US ETFs would be appreciated.
All of the PII stocks can be considered a hold forever depending on ones av cost, for example my DFN at 28% for me is a hold forever because swapping it doesn't make sense, though buying more at below my av cost makes more sense as I'm a PII for life. I own HYLD and GDV and the rest of great 8 in my watchlist.
Great video. Thanks Adrian !
Great video Adriano, clean and clear! Appreciate your hard work & sharing your insights. 👍
My pleasure!
This is amazing info !! Good for newbies or people just starting as well! Thank you for doing this, Adriano!
My pleasure!
Great video. Great timing as well and I'm overhauling my Canadian portfolios right now. Would love to see your U.S. version of this video as well!! 👍👍👍
For covered call having US Stocks should we save in TFSA / RRSP
Hi a question on a other video you did . What are the total fees on splt etf . I have seen some comments there are some hidden fees .
look at the returns. returns are NET of fees. Returns are the ultimate truth
What are great 8 for US retired investors for consistent dividend income plus growth.
Thanks
Helpful and a great guide for me. Thank you lots!
Would love to see a video that looks at these funds performance/total returns correlations to each other. I’m looking to add an income oriented fund to my RRSP with a long time horizon, but I’m wondering if I should just pick one rather than broadening out to a bunch of funds…I’m assuming they all move together?
EQCL was the one I was most interested in. An all in one like XEQT but has a good solid income factor to it? Wow. That's going to be my next purchase
...someone has been watching Quentin Tarantino films. The GREAT 8 is a pretty good title and info. How about a sequel in next 6 mths.
Thank you Adriano 🙏
great info as always, thanks so much
I would love a video on canadian dividend growth ETFs.
Good one Adriano! Very clear & informative. Also ....The swag is a great idea.....more Passive income coming you way!! Good for you! 😁🙏
Appreciate it!
Love it!!!
I would split this very good advice with maybe a BTSX portfolio.
beating the TSX is not hard. just buy the SPX lol
@@PassiveIncomeInvesting , except for the 15% non-resident tax.
This video belongs in the,,Adriano great 8 videos,, well done 👍
Thanks 👍
Thanks!
thanks for the tip :)
Got some advice for you, never say never, and forever is not forever.
Well done. I like the focus topic of this video for us buy and hold investors.
Do you track Total Returns for the ETFs you track and if so, how important is it to you when buying and holding the funds?
its pretty important
Excellent video!!! Could you do one for the US ETFs as well?
thank you
Definitely do the 8 US holds. For my us rrsp 😊
These are great returns. Are these safe? What are the risks?
Will this be good in RRSP?
I want the hat and shirt !!!!! Can I place the first order?
Buy them with your dividends!😊
yes please. dividends only!
couple of week :) we are doing a last round of quality testing
Great video
What’s the negatives when owning these high dividend stocks. Why wouldn’t everyone go in these instead of regular etfs that give you 4-6 percent ?
Is there a quick way to understand the MER (%) and Managment fee %. Looking at Canoe website, I see 1.00 for Managment fee and 1.3 for MER. Is this 2.3% fee per year?
MER includes the management fee
EIT.un:
MER Excluding Issue Costs & Interest (%) 1.28
MER Including Issue Costs & Interest (%) 2.13
Management Fee (%) 1.00
my advice: look at the returns instead. returns are NET of all Fees
Yes to the non leveraged video
Would like to see the core positions for high yield etfs for us stocks.. like jepq, jepi, spyi, qqqi...
Eqcl has bery low aum. Is it not taking a risk that is will not sustain and have to close if it doesn't grow?
its 16 mi. it wont close
6 out of 8 so but plan on adding the last two soon.
GDV, and EIT-UN
Great video. Thanks!
Glad you liked it!
Hi Adrian , pls do a video on non leveraged Great 8 or Great 10. Thank you .
Us funds first 😉
Hey Adrian. Are you planning on doing something similar for the US market ?
🇺🇸
@@PassiveIncomeInvesting lol not sure what that means. Is that a yes?
What's the breakdown of USCL's monthly distributions for taxation?
its on their website for 2023
do the etfs with US stocks get hit with withholding tax outside of rrsp?
they are all Canadian listed = no withholding tax
Hi good video how about something similar on UK FTSE stocks and ETFS.
I like all of these reco's, However...some of them have very low volume, which may make them difficult to sell if needed.
its not a problem at all. the volumes are fine and there are market makers. low vol is never an issue for ETFs . you can always use limit price if you are worried. i never ever had an issue with low volume etfs
you should consider a top 8 or 10 us listed funds to live off of ( for ever ) , Please .
I'm pretty sure that is what he said he would do.
Great video ❤
great video as always Adrian ! Please do a similar video for USA ;-). - keep up the great work! ~Svend, NH
YES PLEASE!
A question for the purpose of learning please, does the fund charges by management fee or MER because QQCL MER is 2.33% compared to 0.85% of QQCC. If by MER then isn’t the fees for the QQCL is too high for the 2-3% higher yield than QQCC?
Please note - Leverage costs $ - it’s not free - so you must factor / expect interest costs $ for funding the leverage - this is the main reason IMO for higher cost!!!
@@terryfrancis9198Thanks, I understand that there is an extra cost for leverage but in this case it looks too high compared to other leveraged covered call ETFs. 1.48% extra MER for a 2-3% more yield. Hence was trying to understand this.
the best answer i can give you: look at returns, not fees. qqcl has leverage coasts and its beating qqcc.
Didn't you sell your HDIV awhile back?
What about qyld?😊
Great video 👍
Thoughts on HTAE????
pure tech play
Greatest. Do it please for US market and Singapore stock markets
nice but I would wait for a pullback...markets are over bought
Thinking the same thing
Would be very interested in an American exchange list!
HBIE is only 6 months old and has only $4m AUM. I would like to see that get above $10m before putting any money into it. There are so many ETF these days, small ones that don't grow are at risk of getting wound up.
yes and all the ETF in this list are too new, the oldest if from 2021 and I prefer to invest in 5+ years old ETF
BMAX is a better multi-asset income option, larger AUM and better performance
@@user-pm6mz3cg6r I have HDIF, HDIV and HYLD amongst others. I have BMAX on the wish list but a bit concerned about the higher leverage.
Good core holdings
Do USA pls
do we have to pay withholding tax on HYLD?
no
No, the fund itself pays the withholding tax. So for tax efficiency, you can buy it in your non-registered account so that at the end of the year, you get a T3 slip showing the amount of tax HYLD paid. That amount is refunded back to you through the foreign tax credit on you tax return. Your tax program does that for you automatically.