Hello Adrian, I'm a 28 yr old Canadian and I have found your videos extremely valuable. I have invested in Split corps SBC, DFN and now I'm getting into covered called etfs. I was doing my own research the last 5 months but your channel really painted a beautiful financial picture. Thank you and keep it up ~ Wesley
Thanks for the praise. Comment like this give me the motivation to make more videos. Seeing how motivated you are at 28 is rare and refreshing. You're definitely ahead of the game. Covered Call ETFs and Split Corps are income monsters. Stay tuned for a video about Split Corps. in the near future. Ill share my favorite ones, 2 of which are DFN and SBC...Here's a quick tip, definitely check out GDV and ENS
Hey Guys! What Investor Personality are you? Free Download from Gumroad : gum.co/yPHHz The Tortoise - Balance Income Investor 2:10 | The Cautious Cat - Conservative Investor 5:35 | The Cash Cow - Pure Income Investor 8:32 | The Beaver - Growth Oriented Investor 10:49 | The Albatross - International Oriented Investor 12:46 |
@@PassiveIncomeInvesting What kind of taxes do you have to pay on ZWK in a TFSA? 15%? Does your TD broker take it off the amount they deposit into your account monthly, or do you need to deal with it at tax time? Thanks!
Great video. I’m starting with 1000 myself but since I’m in my early 20s I’m not stressed. You’ve definitely got a long term viewer with me. Can’t wait to see everything else you can teach me.
How is it going if you don't mind me asking? Just found this channel yesterday, trying/starting to invest this week and/or this coming week. I turned 20 about last month and I'm trying to learn as much as possible! What do you feel like is the best way to go about it?
Hello Adrian, like many others I really appreciate the work that you have put into your videos. I am a retiree and my original plan was to purchase XGRO. However I just purchased 500 shares of DFN. Thank you for the amazing find. I would like to invest another $10,000 and was wondering if you would suggest picking up more DFN or to follow one of the 5 portfolios. I am looking for a mix of growth and income over the long term. Would you make any adjustments to the portfolios as the video is 5 months old? Thank you again for all the hard work.
Thanks for the kind words, appreciate that! Split Funds are Income monsters but they do have risks of missing dividends. It's important you understand that especially if you are dependent on the income as a retiree. For My personal portfolio, I won't have more than 20% of my money in Split funds. 15-20% is the sweet spot for me but this is a personal preference. I would suggest mixing in other high income funds which don't have the "NAV Threshold" Split funds have like Covered Call ETFs, or Real Estate. REIT funds: ua-cam.com/video/vzz0VR-t2r4/v-deo.html Other Splits: ua-cam.com/video/lhxJv8gJrfk/v-deo.html ETFs: ua-cam.com/video/Edia6kam5ao/v-deo.html My entire portfolio: ua-cam.com/video/3eAMN-wLldg/v-deo.html Keep in mind there is no right or wrong when it comes to investing it's all about your personal goals and strategy as well as risk tolerance. by the way you can . email me if you are interested in having a 1 on 1 video session with me. It could help answer all your questions. We are planning to offer this service on our new website but it is still under construction so email us here if interested: Passive Income Investing ; Good luck!
Hi Adrian, As a 28 y/o, I want to be able to attain FIRE. - In this case, it seems like the Cash Cow makes more sense but I also want my money to last so the Beaver seems very attractive as well. Which would you pick if you were me? - As of right now, I do not have 10k cash, how should we proceed when buying ETFs? Should we buy smaller amount of each ETFs? Or buy 1k$ of each ETFs, one at a time? - Note that on top of that initial amount, I'd like to put set up an automatic monthly transfer to buy more ETFs. - What happens if one of the ETFs starts being bad after a year or two. Would you recommend us some new ones then? Thanks!
Hey man, first off just the fact that you have this goal makes you way ahead of the pack, so that's great. Now, If your goal is FIRE, than you need passive income and increase it over time so your passive income covers all your living expenses. I would go with the cash cow. In terms of what to buy and when, fees should factor in your decision when investing small amounts. My broker (TD) charges 9.99$ for every transaction. So if you have 1k let's say... its not worth buying 4 ETFs (250$ each) since that would cost you almost 40$ just in fees. Its best to spend the 1k on 1 ETF and next time you have another 1k, you continue with another ETF so its 9.99$ a pop.(of course this all depends on what your broker charges... some charge less than 9.99$...) In terms of safety and if "an ETF goes bad" this is not the way to think. You should have the mentality that the ETFs will go up and down with the stock market to a degree... but the income the ETFs provide usually stays the same or increases over time (especially the covered call ones). Just look at the distribution history year by year of ZWC or ZWS and you will see for yourself. The key for passive income investors is the distribution. That should be your main focus all the time. You don't really care about the stock price of the actual ETF. Your just buying and holding it forever. The non-sector specific ones tend to be less volatile like ZWC, ZWS ZWE, etc. These are the ones i would invest in first. Either way, ETFs are very , very safe , especially the ones in my list because the companies in them are mostly Blue chip stocks and are leaders in their industry. Starting with ZWC, S , E and G would be my suggestion to get coverage around the world and then slowly start integrating sector specific ones in, like Utilities, Real Estate, Tech etc. start with the sectors you understand best. Any other questions let me know! Good luck!
@@PassiveIncomeInvesting Thanks for the quick reply! I have another stupid question... it makes sense to me to invest in my RRSP/TFSA for when I want to retire (early). Is there any complication though, for when I want to withdraw that money for retirement? Again, thank you so much for the reply. You are inspiring!
Entirely up to you. If want to take the pure passive approach and simply want to re-invest the Dividends then yes you can enable the DRIP's so your $$ compounds over time. This is especially useful for a retirement account and if you don't need to use the $ at the present time.
Great and clear presentations ,thanks! One question is important for nonregistered accounts and covered call ETF including foreign stocks(most) : fiscalité..since they are submitted to foreign withholding tax on dividends +Canadian tax on all revenue except capital gain : is it still recommended to buy those ETFs and why ? best regards,Jean-Yves
I'm enjoying your channel. A lot of great information, thank you! I found you from Parallel Wealth. Do you have a more recent video on this same topic with updated information or do you think that the funds discussed in this video are still what you'd include if you made this video today? Thank you.
Yes its a U.S. Listed Covered Call ETF that invests in the top Nasdaq companies, so very tech heavy. A nice blend of tech exposure and income exposure with those covered calls
Hi Adrian, I’m 32 just got into stocks and learned a lot from your videos. You and your wife have a very inspiring story, thanks for sharing all this information with us. Do you think the "cash cow" portfolio is good for someone who started getting into stocks?
Thanks ! These are beginner sample portfolios and the cash cow definitely represents the closest fund that matches my strategy . But like I always say , the best strategy is the one that best suits your needs and style
Very good! I'm a mixed character. Cash Cow because I'm at that retirement age, but a Beaver in tax-free accounts to have more to invest in my Cash Cow side. Pleased to have found your channel - just have to translate your recommendations into US stocks. Started with QYLD, RYLD, and HGLB. Thank you!
Adrian, excellent video! I was in the middle of re-structuring my portfolio to be more income focused and I am so glad I found yours. I know the profiles you are sharing are primary for $10,000. Do you think they will work for a $1M portfolio (like cash cow) or you think it needs to be broken down further for a large size portfolio? I saw one of your recent video sharing your full portfolio that has around 72? holdings? How did you manage the transaction costs if you need to rebalance them? Thanks and sorry for throwing you so many questions.
Hey man , I got 54 holding now after the huge spring cleaning I did to streamline my portfolio. I’ll be sharing it a new video soon ! I think it can still work with 1 million but with that much money I would have more stocks . Stay tuned to see my portfolio and a new product I will be unveiling soon to help people build their own portfolio
Dropped a sub! Your videos unlike any other channel actively shows your portfolio with well performing stocks. I am much more confident in my new investing journey after having come across your channel over the many that I've seen!
Hi Adrian, not sure if you'll see this. I'm new to investing and would like to take on the "Cash Cow" approach. When I checked the dividend yield of all the ETF's, I noticed all their dividend yield %'s are lower. I'm looked at the "Annualized Distribution Yield" for BMO, "Estimated Annualized Yield" for Horizons, etc. Are these lower yield %'s normal since markets are up?
The five portfolio's that your have created, Would it best to use a CDN Margin account or a US Margin account to buy some of the ETF's that you have highlighted?
Honestly, i would never use Margin accounts. It's risky as its essentially buying shares on "credit". Use a regular Cash account! Better safe than sorry
Hello Adrian, Thanks for the effort and share of knowledge. I am new to this and planning to start small and grow slowly as I gain more knowledge. I have downloaded the beginners portfolios you shared but wanted to check if the proposed ETFs are still applicable today. Considering a start with $1000, which ETFs would you recommend focusing on for now?
Hi Adrian, great work man. By the way, which account would you put these Canadian listed etf with US equities? (RRSP or TFSA) I would like to buy and hold these etf for good. I am 35 yrs old and I like the idea of a passive income investor. I like the cash cow portfolio here and have 10k to invest. Also, I would like to open an account in Questrade as they offer no comission fees if you buy an ETF. I need your opinion onto which account I would open to start my investing journey. Keep up the great work Adrian. Thank you.
Hey dude, thanks for the kind words. If you are specifically saving for retirement (and you don't care about getting income now) then of course put them in your RRSP and turn on the DRIP. They will compound to the stars by the time you hit 65. Also, the higher your salary is, the more value contributing in an RRSP will have for a tax break in that year. Either way you should be contributing a min of 10%-15% of your after tax salary to an RRSP in my opinion as a general good practice. After you contribute 10-15% of your after tax salary to an RRSP, put the rest in the TFSA until it's maxed out. It's important you max out the TFSA before opening a regular (non-registered) cash account. The adv. of the TFSA is that all the dividends you make are tax free if the stock is listed on the Canadian stock market (like all the ones in this video). It does not matter if they have U.S. holding in them. As long as they are Canadian LISTED stocks your good. No tax on anything ever in TFSA unless the stocks are U.S. listed. In that case all dividends have a 15% tax taken off the top
Oh wow - I love the names of the portfolios, have never come across this before... thanks for sharing.. most of the portfolios I talk on my channel are Total Stock Portfolio and 2 Fund Portfolios, probably in time shifting to Dalio's AWF... however, if I had to pick one, I would probably go with the Beaver! :-/
@@PassiveIncomeInvesting lol - well I am currently scripting a video for constructing a balanced portfolio so do stay tuned and let me know what you think :)
Thank you, Great video Adrian! I’m in my mid 50s and will retire in about 8 years. I plan to use this as an income supplement during retirement. I am very new to this and I’m still learning (watching and rewatching your vids). I see myself as either a Cash Cow or the Beaver. Does this profile match my goal? I am close to “walking through that door”. Does your ETF recommendations here is relevant today?
Hey there , yes most of the suggestions are valid although this is an older video . I offer a digital product with sample portfolios and a 1 on 1 consultation on my website . I do help many retirees , so it might be a good idea for you
Hi Adrian, I'm new here and I'm really enjoying your channel! Thanks for that! I have a question and I will appreciate if you can help me with that. My question is about "Covered Call". I will give you an example to understand my question: When I buy a ZWC for $15 and in 10 years it goes to $25 I will gain this appreciation, right? I mean, If I sell it in 10 years I can sell it for $25 right? I didn't understand what exactly I am "sacrificing" when I buy an "ETF covered call" to receive more dividends.
Let me put it this way : 2 funds that hold the same stuff but one does covered calls and the other does not : the one that does not has more capital appreciation potential than the one that does , but the yield is higher on the fund that does the covered calls . Check my playlists , I have one for covered calls , watch the videos in there
Adrian, why don't you choose to follow this approach instead of investing in individual stocks? Wouldn't these ETFs also hold the individual securities that you invest in? I saw your portfolio and you own something like Enbridge. Wouldn't Enbridge be included in one of these ETFs? What I'm trying to say is why not just invest in these ETFs instead of holding like 90 individual companies and then some ETFs on top of it? Is there a reason why you're holding individual securities when you can just own ETFs that you're mentioning here (obviously ignoring MER and everything)?
Hi Michael, I hold a variety of stocks (Individual stocks, ETFs, Income Trusts and REITs etc.) in my portfolio. If i would have known what i know now, my portfolio would look a lot different and have a lot less individual stocks and more Covered Call ETFs. I am currently shifting my portfolio to this new strategy and will release a new video soon on my updated portfolio in full. In truth, i still like to look for individual companies to invest in which have good value and provide a dividend , so ill always have some individual stocks in my portfolio. But this video was made specifically to encourage newer investors so they can get started relatively safely and easily with the ETFs. Its the smaller to medium cap companies that wouldn't be included in these ETFs. Those are a lot riskier, but there's quite a few gems out there. That is why i no longer invest in the Big cap, blue chip individual stocks (Canadian) anymore. Its better just to buy ZWC. or ZWB etc. I will however, own some smaller cap stocks that never make it to those ETFs
@@PassiveIncomeInvesting I had a similar consideration when I started investing but as time went on, realised that simplifying the process is easier to maintain and gives comparable returns. Cheaper both in terms of fees, spreads but also time to maintain :) Look forward to the video, do check out my channel as I posted a simple video re millenial investing and though more centered in the Uk, would love to get your feedback!
What is your thoughts on having a more passive income dividend driven TFSA with a couple growth dividend etfs and having an RSP that is more growth oriented like having XQQ or QQQ etfs for growth over the long term?
I get asked these types of questions all the time , they are hard to answer lol . My thoughts are basically opinions . And there is no right or wrong way to invest . Adding some growth in there can be a great idea in the long run . It really depends on your goals and style. Some do 50/50 , others 75/25 . The important thing is to make sure to invest!
Why use the hedged funds (ZUE vs ZSP)? I think one goal of investing in another country is to get exposure to that economy and its currency. Why would you shield yourself from its currency? If the Canadian dollar tanks (compared to USD) I want my US stocks to skyrocket, not stay flat. The hedged funds would prevent that skyrocket. How do you choose fund provider? For example, BMO vs Vanguard (ZUE vs VSP)? While the MERs of ZUE and VSP are the same (0.09%), VSP has higher average daily volume which means higher liquidity and potentially smaller spreads
Well , I never said one is better than the other . Hedged funds eliminate the added risk of currency fluctuations. The U.S. dollar can tank also ... you never know . So a hedged fund neutralizes this added variable . I like to invest in the companies in the fund and don’t want the currency to be a factor but this is my personal preference. I don’t own any index ETF’s personally . I’d rather own dividend and income focused funds , but that’s my personal style .
Depends on many factors personal to you . Situation, salary , goals etc . The short answer is both ! But I would need more info to make that call, but you should definitely max out to our TFSA if it isn't already
Brand new to investing. I'd like an app that let me let's me pretend I invested in one of these portfolios in June 2020 and see where I would be today. My goal is to compare this to my basic mutual fund that I simply pay into and forget. Would I have been better off?
@@PassiveIncomeInvesting Can you provide a suggestion for an app that would let me plug in your suggested portfolios from June 2020 and see the performance? That was the question, not your opinion on mutual funds.
I like the beaver and cash cow! But what if you had 50k. Would you pro-rate it into one of these portfolio or would you diversify more into other sectors?
Hi Dan, yes you can pro rate it . these sample portfolios are already diversified to a certain extent but you can always diversify more . My goal for this video was to help new investors start their journey . It’s really up to you how much to put where . You can always diversify more in sectors where you understand the business. Right now In terms of “value” the most undervalued sectors are definitely energy , financials and real estate . Good luck !
I love this type of video! Do you have one that uses stuff from this year? I noticed that this one is about 2 years old! Or one that has more US focused funds since I can't find many of these on TD Ameritrade in the U.S.
Great video. I have a question: I already have some investments in my TFSA/RRSP. My goal is to have passive income that I can spend. Should I be investing these outside of my TFSA/RRSP account?
Ok so you mean you want to extract it from your account . You can do that in both the tfsa and cash but not the rrsp . But it doesn’t mean you can’t get passive income with the rrsp . The only difference is that it will have to stay within the account ...so you can’t spend it until much later at retirement
Hey Adrian, made about $250,000 CAD investing in crypto but too stressful to keep track. Want to switch to the dark side of passive income stock investing. What profile should I go with?
TXF is listed on the TSX right now. Are you sure you are looking on the TSX (Toronto Stock Exchange)? www.firstasset.com/solutions/overview/?fund=CI+First+Asset+Tech+Giants+Covered+Call+ETF+%28CAD+Hedged%29
HI Adrian, my wife and I are doing research in passive income via dividend-paying ETF's. Through which company did you buy these through (i.e. Wealthsimple, TD, etc..) and are you buying these through RRSPs, TFSAs or just as a separate portfolio?
Hi Adrian, what is your opinion on the DGS (Brompton) fund? Right now their dividend is really high, at 18.38%. They seem unstable but it may be worth the risk...
Adrian , these are good informational videos for neophytes and millennials , good on both cases ,as the more the merrier and investing rather than vacation experiences , forgotten in a year or so is a noble effort on your part to get at home basement dwellers involved in the real world. I don't doubt your veracity or your success in both your portfolio and endorsements , one suggestion , that cheap chipboard shelving stocked with someone's idea of design , figures , books never read , needs to go. Nothing wrong in spending and showing a modicum of taste along with your excellent , mostly sleep at night picks. I dispute Crypto picks however , l don't like Ponzi schemes , l question why you do
@@PassiveIncomeInvesting "US assets that generate income will be slapped with a 15% withholding tax (payable to the IRS). This is because the IRS doesn't consider the TFSA a registered plan"
You're right! I covered a video on that specifically, showing an example in my account ua-cam.com/video/yAz9rK5V7FA/v-deo.html In the end you don’t pay it , it’s seamless to you completely . It’s already included in the fund
I’m going away from individual stocks , like I always say , why own them individually and take on more risk and make less income ? Simply look in zwc or cdz and buy the stocks in those funds if you want Canadian dividend stocks individually
@@PassiveIncomeInvesting I apologize for so many questions. Another rookie question. Are these ETF’s in this video are index ETF’s or not? I believe they are index ETF’s. But correct me if I’m wrong please. Thank you
@@PassiveIncomeInvesting yes. I do have a lot to learn. I’m basically trying to prepare myself with the basic knowledge. Do you have a video explains other types vs index ETF’s? Because I thought index ETF’s are the best in terms of best return over 15+ years and low MER fees for a self managed portfolio. I am 36 and trying to figure out what funds are best to invest in RRSP and TFSA for longer term.
Great video However I don’t invest in etf’s I only invest in individual stocks at the moment New subscriber here Happy to support a fellow finance channel Looking forward to continued interaction Let’s grow together 😀👍
Hello Adrian, I'm a 28 yr old Canadian and I have found your videos extremely valuable. I have invested in Split corps SBC, DFN and now I'm getting into covered called etfs. I was doing my own research the last 5 months but your channel really painted a beautiful financial picture. Thank you and keep it up ~ Wesley
Thanks for the praise. Comment like this give me the motivation to make more videos. Seeing how motivated you are at 28 is rare and refreshing. You're definitely ahead of the game. Covered Call ETFs and Split Corps are income monsters. Stay tuned for a video about Split Corps. in the near future. Ill share my favorite ones, 2 of which are DFN and SBC...Here's a quick tip, definitely check out GDV and ENS
@@PassiveIncomeInvesting - Good day Adrian, where's the video on Split Corps. - thanks - Are Split Corps. the same as Split Funds etc. ?
Hey Guys! What Investor Personality are you? Free Download from Gumroad : gum.co/yPHHz
The Tortoise - Balance Income Investor 2:10 | The Cautious Cat - Conservative Investor 5:35 |
The Cash Cow - Pure Income Investor 8:32 | The Beaver - Growth Oriented Investor 10:49 |
The Albatross - International Oriented Investor 12:46 |
Do they have to be equal percentage or do you have any recommendation?
No they don' t its entirely up to you. These are only examples that i came up with. Good lcuk
@@PassiveIncomeInvesting What kind of taxes do you have to pay on ZWK in a TFSA? 15%? Does your TD broker take it off the amount they deposit into your account monthly, or do you need to deal with it at tax time? Thanks!
Great video. I’m starting with 1000 myself but since I’m in my early 20s I’m not stressed. You’ve definitely got a long term viewer with me. Can’t wait to see everything else you can teach me.
Thanks Riley , slow and steady wins the rat race 😎
How is it going if you don't mind me asking? Just found this channel yesterday, trying/starting to invest this week and/or this coming week. I turned 20 about last month and I'm trying to learn as much as possible! What do you feel like is the best way to go about it?
i love dividend ETF’s! i will be making a video like this one soon as well. great insight!
Go for it!
Ciao Adrian! Nice to see a fellow Italian Canadian!
Hey, thanks!
Hello Adrian, like many others I really appreciate the work that you have put into your videos. I am a retiree and my original plan was to purchase XGRO. However I just purchased 500 shares of DFN. Thank you for the amazing find. I would like to invest another $10,000 and was wondering if you would suggest picking up more DFN or to follow one of the 5 portfolios. I am looking for a mix of growth and income over the long term. Would you make any adjustments to the portfolios as the video is 5 months old? Thank you again for all the hard work.
Thanks for the kind words, appreciate that!
Split Funds are Income monsters but they do have risks of missing dividends. It's important you understand that especially if you are dependent on the income as a retiree. For My personal portfolio, I won't have more than 20% of my money in Split funds. 15-20% is the sweet spot for me but this is a personal preference.
I would suggest mixing in other high income funds which don't have the "NAV Threshold" Split funds have like Covered Call ETFs, or Real Estate.
REIT funds: ua-cam.com/video/vzz0VR-t2r4/v-deo.html
Other Splits: ua-cam.com/video/lhxJv8gJrfk/v-deo.html
ETFs: ua-cam.com/video/Edia6kam5ao/v-deo.html
My entire portfolio: ua-cam.com/video/3eAMN-wLldg/v-deo.html
Keep in mind there is no right or wrong when it comes to investing it's all about your personal goals and strategy as well as risk tolerance.
by the way you can . email me if you are interested in having a 1 on 1 video session with me. It could help answer all your questions. We are planning to offer this service on our new website but it is still under construction so email us here if interested: Passive Income Investing ;
Good luck!
Awesome video Adrian, great explanation indeed
Thanks for the ideas
I have been building a portfolio but now I see the theory
Thank you for information, is possible you make update for 2022 version too
Great video! Have you thought about making an updated version like how to invest 100.000 in 2023? love your channel!!
Thanks Adrian, this will give me some idea to start transition to
dividends strategy
Glad it was helpful!
Hi Adrian,
As a 28 y/o, I want to be able to attain FIRE.
- In this case, it seems like the Cash Cow makes more sense but I also want my money to last so the Beaver seems very attractive as well. Which would you pick if you were me?
- As of right now, I do not have 10k cash, how should we proceed when buying ETFs? Should we buy smaller amount of each ETFs? Or buy 1k$ of each ETFs, one at a time?
- Note that on top of that initial amount, I'd like to put set up an automatic monthly transfer to buy more ETFs.
- What happens if one of the ETFs starts being bad after a year or two. Would you recommend us some new ones then?
Thanks!
Hey man, first off just the fact that you have this goal makes you way ahead of the pack, so that's great.
Now, If your goal is FIRE, than you need passive income and increase it over time so your passive income covers all your living expenses. I would go with the cash cow.
In terms of what to buy and when, fees should factor in your decision when investing small amounts. My broker (TD) charges 9.99$ for every transaction. So if you have 1k let's say... its not worth buying 4 ETFs (250$ each) since that would cost you almost 40$ just in fees. Its best to spend the 1k on 1 ETF and next time you have another 1k, you continue with another ETF so its 9.99$ a pop.(of course this all depends on what your broker charges... some charge less than 9.99$...)
In terms of safety and if "an ETF goes bad" this is not the way to think. You should have the mentality that the ETFs will go up and down with the stock market to a degree... but the income the ETFs provide usually stays the same or increases over time (especially the covered call ones). Just look at the distribution history year by year of ZWC or ZWS and you will see for yourself. The key for passive income investors is the distribution. That should be your main focus all the time. You don't really care about the stock price of the actual ETF. Your just buying and holding it forever.
The non-sector specific ones tend to be less volatile like ZWC, ZWS ZWE, etc. These are the ones i would invest in first.
Either way, ETFs are very , very safe , especially the ones in my list because the companies in them are mostly Blue chip stocks and are leaders in their industry.
Starting with ZWC, S , E and G would be my suggestion to get coverage around the world and then slowly start integrating sector specific ones in, like Utilities, Real Estate, Tech etc. start with the sectors you understand best.
Any other questions let me know!
Good luck!
@@PassiveIncomeInvesting Thanks for the quick reply!
I have another stupid question... it makes sense to me to invest in my RRSP/TFSA for when I want to retire (early). Is there any complication though, for when I want to withdraw that money for retirement?
Again, thank you so much for the reply. You are inspiring!
Love the names. I need to find the NYSE equivalent of some of these. I think I’m a mix between the Cash Cow & the Beaver.
The NYSE is alot bigger than the TSX. I'm sure you will have no trouble at all finding Covered call ETFs . Just use Google!
Very insightful video. Would DRIPs be recommended on all these approaches or would any of them not benefit from a DRIP?
Entirely up to you. If want to take the pure passive approach and simply want to re-invest the Dividends then yes you can enable the DRIP's so your $$ compounds over time. This is especially useful for a retirement account and if you don't need to use the $ at the present time.
This is a great video, starting an account for my wife. Is there an update to this video based on 2021 outlook? Or no rebalance required
Great and clear presentations ,thanks! One question is important for nonregistered accounts and covered call ETF including foreign stocks(most) : fiscalité..since they are submitted to foreign withholding tax on dividends +Canadian tax on all revenue except capital gain : is it still recommended to buy those ETFs and why ? best regards,Jean-Yves
Yes , for diversification . You can’t just buy Canadian stocks only ... what if something happens to Canada ?
bravo Thank you very much for your generosity
This is a great video, easy to understand and high quality content. Thank you for posting it.
I'm enjoying your channel. A lot of great information, thank you! I found you from Parallel Wealth. Do you have a more recent video on this same topic with updated information or do you think that the funds discussed in this video are still what you'd include if you made this video today? Thank you.
QYLD? For stable income
Yes its a U.S. Listed Covered Call ETF that invests in the top Nasdaq companies, so very tech heavy. A nice blend of tech exposure and income exposure with those covered calls
Hi Adrian, I’m 32 just got into stocks and learned a lot from your videos. You and your wife have a very inspiring story, thanks for sharing all this information with us. Do you think the "cash cow" portfolio is good for someone who started getting into stocks?
Thanks ! These are beginner sample portfolios and the cash cow definitely represents the closest fund that matches my strategy . But like I always say , the best strategy is the one that best suits your needs and style
Very good! I'm a mixed character. Cash Cow because I'm at that retirement age, but a Beaver in tax-free accounts to have more to invest in my Cash Cow side. Pleased to have found your channel - just have to translate your recommendations into US stocks. Started with QYLD, RYLD, and HGLB. Thank you!
Adrian, excellent video! I was in the middle of re-structuring my portfolio to be more income focused and I am so glad I found yours. I know the profiles you are sharing are primary for $10,000. Do you think they will work for a $1M portfolio (like cash cow) or you think it needs to be broken down further for a large size portfolio? I saw one of your recent video sharing your full portfolio that has around 72? holdings? How did you manage the transaction costs if you need to rebalance them? Thanks and sorry for throwing you so many questions.
Hey man , I got 54 holding now after the huge spring cleaning I did to streamline my portfolio. I’ll be sharing it a new video soon ! I think it can still work with 1 million but with that much money I would have more stocks . Stay tuned to see my portfolio and a new product I will be unveiling soon to help people build their own portfolio
@@PassiveIncomeInvesting I'm looking forward to, Adrian. Keep up the good works and thanks for the replies.
Man, the audio quality has improved so much.
Bought a mic 🎤 😉
Dropped a sub! Your videos unlike any other channel actively shows your portfolio with well performing stocks. I am much more confident in my new investing journey after having come across your channel over the many that I've seen!
Thanks man ! I’m happy for you , trust me you will be happy all the time now 😎
Binge watching your channel! Haha if you don’t mind me asking what’s your background? Finance? Have you done a video on this already?
I'm in IT, and Finance is my passion
@@PassiveIncomeInvesting Awesome! and another question I have is do you go for dividends to reinvest like a DRIP?
Yes! Love the Drips. I've got them reinvesting is my RRSP account, maximizing that compound interest. ua-cam.com/video/mtgkFxdrMk4/v-deo.html
Hi Adrian, not sure if you'll see this. I'm new to investing and would like to take on the "Cash Cow" approach. When I checked the dividend yield of all the ETF's, I noticed all their dividend yield %'s are lower. I'm looked at the "Annualized Distribution Yield" for BMO, "Estimated Annualized Yield" for Horizons, etc. Are these lower yield %'s normal since markets are up?
The five portfolio's that your have created, Would it best to use a CDN Margin account or a US Margin account to buy some of the ETF's that you have highlighted?
Honestly, i would never use Margin accounts. It's risky as its essentially buying shares on "credit". Use a regular Cash account! Better safe than sorry
Hello Adrian, Thanks for the effort and share of knowledge.
I am new to this and planning to start small and grow slowly as I gain more knowledge. I have downloaded the beginners portfolios you shared but wanted to check if the proposed ETFs are still applicable today.
Considering a start with $1000, which ETFs would you recommend focusing on for now?
that video is old, check the new free sample portfolios that were released recently . i also offer a 1 on1 coaching session if needed.
Hi Adrian, great work man. By the way, which account would you put these Canadian listed etf with US equities? (RRSP or TFSA) I would like to buy and hold these etf for good. I am 35 yrs old and I like the idea of a passive income investor. I like the cash cow portfolio here and have 10k to invest. Also, I would like to open an account in Questrade as they offer no comission fees if you buy an ETF. I need your opinion onto which account I would open to start my investing journey. Keep up the great work Adrian. Thank you.
Hey dude, thanks for the kind words. If you are specifically saving for retirement (and you don't care about getting income now) then of course put them in your RRSP and turn on the DRIP. They will compound to the stars by the time you hit 65. Also, the higher your salary is, the more value contributing in an RRSP will have for a tax break in that year. Either way you should be contributing a min of 10%-15% of your after tax salary to an RRSP in my opinion as a general good practice.
After you contribute 10-15% of your after tax salary to an RRSP, put the rest in the TFSA until it's maxed out. It's important you max out the TFSA before opening a regular (non-registered) cash account.
The adv. of the TFSA is that all the dividends you make are tax free if the stock is listed on the Canadian stock market (like all the ones in this video). It does not matter if they have U.S. holding in them. As long as they are Canadian LISTED stocks your good. No tax on anything ever in TFSA unless the stocks are U.S. listed. In that case all dividends have a 15% tax taken off the top
This is a great video tutorial, thank you!
Oh wow - I love the names of the portfolios, have never come across this before... thanks for sharing.. most of the portfolios I talk on my channel are Total Stock Portfolio and 2 Fund Portfolios, probably in time shifting to Dalio's AWF... however, if I had to pick one, I would probably go with the Beaver! :-/
The Beaver is a great one! Thanks for commenting on the Portfolio names, my wife and I had fun comimg up with them !! :)
@@PassiveIncomeInvesting lol - well I am currently scripting a video for constructing a balanced portfolio so do stay tuned and let me know what you think :)
Will do!
😀👼
Thank you, Great video Adrian! I’m in my mid 50s and will retire in about 8 years. I plan to use this as an income supplement during retirement. I am very new to this and I’m still learning (watching and rewatching your vids). I see myself as either a Cash Cow or the Beaver. Does this profile match my goal? I am close to “walking through that door”. Does your ETF recommendations here is relevant today?
Hey there , yes most of the suggestions are valid although this is an older video . I offer a digital product with sample portfolios and a 1 on 1 consultation on my website . I do help many retirees , so it might be a good idea for you
Hi Adrian, I'm new here and I'm really enjoying your channel! Thanks for that! I have a question and I will appreciate if you can help me with that. My question is about "Covered Call". I will give you an example to understand my question: When I buy a ZWC for $15 and in 10 years it goes to $25 I will gain this appreciation, right? I mean, If I sell it in 10 years I can sell it for $25 right? I didn't understand what exactly I am "sacrificing" when I buy an "ETF covered call" to receive more dividends.
Let me put it this way : 2 funds that hold the same stuff but one does covered calls and the other does not : the one that does not has more capital appreciation potential than the one that does , but the yield is higher on the fund that does the covered calls . Check my playlists , I have one for covered calls , watch the videos in there
Are these portfolio strategies still valid at this time?
Adrian, why don't you choose to follow this approach instead of investing in individual stocks? Wouldn't these ETFs also hold the individual securities that you invest in?
I saw your portfolio and you own something like Enbridge. Wouldn't Enbridge be included in one of these ETFs? What I'm trying to say is why not just invest in these ETFs instead of holding like 90 individual companies and then some ETFs on top of it? Is there a reason why you're holding individual securities when you can just own ETFs that you're mentioning here (obviously ignoring MER and everything)?
Hi Michael, I hold a variety of stocks (Individual stocks, ETFs, Income Trusts and REITs etc.) in my portfolio. If i would have known what i know now, my portfolio would look a lot different and have a lot less individual stocks and more Covered Call ETFs. I am currently shifting my portfolio to this new strategy and will release a new video soon on my updated portfolio in full.
In truth, i still like to look for individual companies to invest in which have good value and provide a dividend , so ill always have some individual stocks in my portfolio. But this video was made specifically to encourage newer investors so they can get started relatively safely and easily with the ETFs.
Its the smaller to medium cap companies that wouldn't be included in these ETFs. Those are a lot riskier, but there's quite a few gems out there. That is why i no longer invest in the Big cap, blue chip individual stocks (Canadian) anymore. Its better just to buy ZWC. or ZWB etc. I will however, own some smaller cap stocks that never make it to those ETFs
@@PassiveIncomeInvesting I had a similar consideration when I started investing but as time went on, realised that simplifying the process is easier to maintain and gives comparable returns. Cheaper both in terms of fees, spreads but also time to maintain :) Look forward to the video, do check out my channel as I posted a simple video re millenial investing and though more centered in the Uk, would love to get your feedback!
@@PassiveIncomeInvesting Ah okay, yeah, that makes sense then if it would look different today.
Thank you, Adrian.
What is your thoughts on having a more passive income dividend driven TFSA with a couple growth dividend etfs and having an RSP that is more growth oriented like having XQQ or QQQ etfs for growth over the long term?
I get asked these types of questions all the time , they are hard to answer lol . My thoughts are basically opinions . And there is no right or wrong way to invest . Adding some growth in there can be a great idea in the long run . It really depends on your goals and style. Some do 50/50 , others 75/25 . The important thing is to make sure to invest!
Why use the hedged funds (ZUE vs ZSP)? I think one goal of investing in another country is to get exposure to that economy and its currency. Why would you shield yourself from its currency? If the Canadian dollar tanks (compared to USD) I want my US stocks to skyrocket, not stay flat. The hedged funds would prevent that skyrocket. How do you choose fund provider? For example, BMO vs Vanguard (ZUE vs VSP)? While the MERs of ZUE and VSP are the same (0.09%), VSP has higher average daily volume which means higher liquidity and potentially smaller spreads
Well , I never said one is better than the other . Hedged funds eliminate the added risk of currency fluctuations. The U.S. dollar can tank also ... you never know . So a hedged fund neutralizes this added variable . I like to invest in the companies in the fund and don’t want the currency to be a factor but this is my personal preference. I don’t own any index ETF’s personally . I’d rather own dividend and income focused funds , but that’s my personal style .
Would you invest in RRSP or TFSA for these portfolios?
Depends on many factors personal to you . Situation, salary , goals etc . The short answer is both ! But I would need more info to make that call, but you should definitely max out to our TFSA if it isn't already
very instructive, thx!
Brand new to investing. I'd like an app that let me let's me pretend I invested in one of these portfolios in June 2020 and see where I would be today. My goal is to compare this to my basic mutual fund that I simply pay into and forget. Would I have been better off?
Mutual funds typically underperform everything . Because of the higher fees
@@PassiveIncomeInvesting Can you provide a suggestion for an app that would let me plug in your suggested portfolios from June 2020 and see the performance? That was the question, not your opinion on mutual funds.
I like the beaver and cash cow! But what if you had 50k. Would you pro-rate it into one of these portfolio or would you diversify more into other sectors?
Hi Dan, yes you can pro rate it . these sample portfolios are already diversified to a certain extent but you can always diversify more . My goal for this video was to help new investors start their journey . It’s really up to you how much to put where . You can always diversify more in sectors where you understand the business. Right now In terms of “value” the most undervalued sectors are definitely energy , financials and real estate . Good luck !
I love this type of video! Do you have one that uses stuff from this year? I noticed that this one is about 2 years old! Or one that has more US focused funds since I can't find many of these on TD Ameritrade in the U.S.
I suggest my digital product . Check out the video on the homepage of my channel or in my website
Once again very nice 👍
Great video. I have a question: I already have some investments in my TFSA/RRSP. My goal is to have passive income that I can spend. Should I be investing these outside of my TFSA/RRSP account?
Ok so you mean you want to extract it from your account . You can do that in both the tfsa and cash but not the rrsp . But it doesn’t mean you can’t get passive income with the rrsp . The only difference is that it will have to stay within the account ...so you can’t spend it until much later at retirement
Hey Adrian, made about $250,000 CAD investing in crypto but too stressful to keep track. Want to switch to the dark side of passive income stock investing. What profile should I go with?
Do you have any recommendation to replace the TXF as it’s not listed to Wealthsimple Trade
TXF is listed on the TSX right now. Are you sure you are looking on the TSX (Toronto Stock Exchange)?
www.firstasset.com/solutions/overview/?fund=CI+First+Asset+Tech+Giants+Covered+Call+ETF+%28CAD+Hedged%29
Passive Income Investing oh my.. typo. thank you for pointing out
HI Adrian, my wife and I are doing research in passive income via dividend-paying ETF's. Through which company did you buy these through (i.e. Wealthsimple, TD, etc..) and are you buying these through RRSPs, TFSAs or just as a separate portfolio?
My main portfolio is made up of 4 accounts , 2 cash and 2 tfsa . Our 2 rrsps are separate . I got videos on both
Are most of these investments only available in Canada?
what's the covered call strategy? and how you achieve 7% income yield. Most people have under 4% dividend yield
ua-cam.com/video/WJ_aC-eMbHs/v-deo.html
Hi Adrian, what is your opinion on the DGS (Brompton) fund? Right now their dividend is really high, at 18.38%. They seem unstable but it may be worth the risk...
Higher risk higher reward , that’s why I only have 5 k in there 😎 I talk about it during my unveil
Adrian , these are good informational videos for neophytes and millennials , good on both cases ,as the more the merrier and investing rather than vacation experiences , forgotten in a year or so is a noble effort on your part to get at home basement dwellers involved in the real world. I don't doubt your veracity or your success in both your portfolio and endorsements , one suggestion , that cheap chipboard shelving stocked with someone's idea of design , figures , books never read , needs to go. Nothing wrong in spending and showing a modicum of taste along with your excellent , mostly sleep at night picks. I dispute Crypto picks however , l don't like Ponzi schemes , l question why you do
Great info. I am wondering should we hold etfs like ZWS & ZWE in TSFA? these dividends will get taxed right?
Nothing gets taxed in a tfsa !
@@PassiveIncomeInvesting "US assets that generate income will be slapped with a 15% withholding tax (payable to the IRS). This is because the IRS doesn't consider the TFSA a registered plan"
You're right! I covered a video on that specifically, showing an example in my account ua-cam.com/video/yAz9rK5V7FA/v-deo.html
In the end you don’t pay it , it’s seamless to you completely . It’s already included in the fund
@@PassiveIncomeInvesting Thanks a lot. This really helped.
Can you make a video like this for individual cad stocks
I’m going away from individual stocks , like I always say , why own them individually and take on more risk and make less income ? Simply look in zwc or cdz and buy the stocks in those funds if you want Canadian dividend stocks individually
Do you have a new video like this . Like recently 2023 or 2024
I have 50K primed to invest. Buy 10K of every example here?
What is the best investment broker or bank to hold these funds with low fees and easy transfers?
The broker plays the smallest part . It pretty much makes no difference which one you use
Hello! Would you be able to share your dividend tracker?
You mean my portfolio tracker ? You can download it for free fork my website !
The Wealth Simple users should find your account lol.
HAHA Hopefully they do
Hahah i did
Hi Adrian, If I choose one of these plans in my TFSA, wouldn’t I get charged 15% US tax withholding due to US stocks in those ETF’s?
Watch my tax video 😎
@@PassiveIncomeInvesting Thank you
@@PassiveIncomeInvesting I apologize for so many questions. Another rookie question. Are these ETF’s in this video are index ETF’s or not? I believe they are index ETF’s. But correct me if I’m wrong please. Thank you
Lol you got a lot of learning to do ... most aren’t but I think I added some index ones in the growth profile can’t recall
@@PassiveIncomeInvesting yes. I do have a lot to learn. I’m basically trying to prepare myself with the basic knowledge. Do you have a video explains other types vs index ETF’s? Because I thought index ETF’s are the best in terms of best return over 15+ years and low MER fees for a self managed portfolio.
I am 36 and trying to figure out what funds are best to invest in RRSP and TFSA for longer term.
How come no QYLD and VDY in “the cash cow” profile?
That’s an old video my friend !
Great video
However I don’t invest in etf’s
I only invest in individual stocks at the moment
New subscriber here
Happy to support a fellow finance channel
Looking forward to continued interaction
Let’s grow together
😀👍
Sounds good thanks. What are some of your top dividend picks?
Passive Income Investing my two biggest position are Apple and msft there great dividend growth companies
👍
Can these ETFs be held in tfsa with their holding being international
Of course !
Thank you! I guess anything under TSX qualifies, thanks you!
Pretty much 😉
Are these all on the TSX?
Yup