I think you should make a video on ETNs vs ETFs! A lot of ETNs have insane yields like USOI. We can Google but your unique insight as someone who invests into both would be very valuable. Most other investors on UA-cam and online state that ETNs are too risky and not a good idea which I think isn't fair on ETNs.
@@PassiveIncomeInvesting so for me it's understanding when there's real risk in losing money. I think if you buy it too high if they decide to early close the ETN you will lose a lot as they will only pay the value of the underlying asset if I understand that correctly. Basically I have no idea on what's a fair price I should buy one of these where I won't lose money even if they decided to early close it the next day. Another confusion I have is leveraged ETNs, at time of maturity or if they close earlier, will they pay the value of the underlying asset or the value of the underlying asset plus the leverage? Sorry if my questions seem completely weird but yeah ETNs are a new beast to me haha
Hi Adrian, In Canada we have Alaris Royalty and Diversified Royalty which are similar to BDC in my opinion. They call themselves royalty Corps but essentially they finance small and mid size businesses and help the grow. Im the US BDCs are more in numbers and mature. What are the risks of investing in BDCs or BDC ETF? Is the high dividend yield sustainable?
Wouldn't you benefit from some growth with a leveraged stock like BDCX? If I think the economy will suffer this winter, should I wait a bit to acquire some? Thank you.
regarding etn, I lost most of my money during covid time. there are UBS etrace , there is accelerating clause in their prospects and they liquidate assesst when closed below dollars 5.
@@PassiveIncomeInvesting if I have to recommend right now. There are three or four for Income people. Hdyl is a Canadian covered call ECC XFLT OXLC CLM THEY ALL HAVE YIELD NORTH OF 15% EXCEPT XFLT. Right time to invest into these.
Some interesting BDCs are MAIN, ARCC, BXSL, HTGC, FDUS, TRIN, SLRC, ORCC, and CSWC.
There is also PBDC which is the Putnam BDC income ETF. It is actively managed.
I saw a video showing that BIZD really lags behind BDCs like CSWC, HTGC, MAIN, and ARCC in 5 and 10 year total returns.
Great content. Lot of education. Thanks
I like MAIN, I plan to hold them for a long time.
BDC, good for you, and good for me. I love Ares Capital and Van Eck's BIZD
Thanks a great addition to my portofolio 😊🎉
Hi Adrian, Can you talk about the global x funds qyld, xyld and ryld, regarding loss of capital over a long time.
Awesome Adrian. Learned something new today. Don't have bdcs but I like the break down information. Something to think about. Thanks Adrian
Sure . Remember … niche
Are there fees associated with this type of investment?
Hi Adrian, can you talk more about the mer and Ter of these funds. Hyld fees are 2+ if you Include them.
Another option is VPC. It is an ETF that holds BDCs and CEFs.
Also, there is KBWD. It is an ETF that holds BDCs and REITs.
yeah but it focuses on a particular asset class , so i cannot really consider it an "all in one" but hey it could be a good ETF
Thank for these video, unfortunately its not easy for us in Germany to get these ETF.
Sorry to hear that
I think you should make a video on ETNs vs ETFs! A lot of ETNs have insane yields like USOI. We can Google but your unique insight as someone who invests into both would be very valuable.
Most other investors on UA-cam and online state that ETNs are too risky and not a good idea which I think isn't fair on ETNs.
maybe.... not much to talk about, they work the same way pretty much but ETN's is simply a "debt"
@@PassiveIncomeInvesting so for me it's understanding when there's real risk in losing money. I think if you buy it too high if they decide to early close the ETN you will lose a lot as they will only pay the value of the underlying asset if I understand that correctly. Basically I have no idea on what's a fair price I should buy one of these where I won't lose money even if they decided to early close it the next day.
Another confusion I have is leveraged ETNs, at time of maturity or if they close earlier, will they pay the value of the underlying asset or the value of the underlying asset plus the leverage?
Sorry if my questions seem completely weird but yeah ETNs are a new beast to me haha
You should team up with dividend Bull.
lol I do like him
Thanks Adrian
Good info
Hi Adrian,
In Canada we have Alaris Royalty and Diversified Royalty which are similar to BDC in my opinion. They call themselves royalty Corps but essentially they finance small and mid size businesses and help the grow. Im the US BDCs are more in numbers and mature. What are the risks of investing in BDCs or BDC ETF? Is the high dividend yield sustainable?
Yes I owned both of those in the past . Risk is honestly subjective to each person
Learnt something new
Adrian, thanks for all your info. Been following you for a long time. What platform can we find BDCX in Canada?!
Questrade has it and all the banks should have it also
@@PassiveIncomeInvesting td's web broker platform does not display
Wouldn't you benefit from some growth with a leveraged stock like BDCX? If I think the economy will suffer
this winter, should I wait a bit to acquire some? Thank you.
yes, if the BDCs grow, BDCX will grow approx. 50% more..... but if they go down, BDCX goes down 50% more
HYLD holds both QYLD and JEPI now. Is there such a thing as over diversified or is it a no nothing burger?
And xyld ! . It’s good overlap !
Xyld is at a loss on capitol for the past year. Plus it has an expense of .60
Holding MAIN and ARCC for a few years and am very happy with both Dividends and capital appreciation
sure! there is no right or wrong :)
Awesome thanks Adrian
Very informative. Thanks for sharing these funds!
regarding etn, I lost most of my money during covid time. there are UBS etrace , there is accelerating clause in their prospects and they liquidate assesst when closed below dollars 5.
Can you elaborate? Which etn was it ? When was this ?
@@PassiveIncomeInvesting I for got their name. They were most popular. 2 time leveraged. One from UBS and one from Credit Swiss.
@@PassiveIncomeInvesting if I have to recommend right now. There are three or four for Income people.
Hdyl is a Canadian covered call
ECC
XFLT
OXLC
CLM
THEY ALL HAVE YIELD NORTH OF 15% EXCEPT XFLT.
Right time to invest into these.
Interesting. Thanks. All i have currently is JEPI EOS USA
good but you could use some other stuff :)
Can these be held in a TFSA and/or RRSP here in Canada?
Yes
do you know what is the tax treatment for US residents for buying bdcx ?
No clue ! Sorry . You’ll have to check the website . The breakdown Should be there
You want to put these in a Roth or Tax advantaged account. This is a must. You will get hammered on taxes orherwise. Trust me.
hi there, may i ask what is the best way to invest Canadian etfs as an European?
You need to find a broker that will allow you to invest in Canadian and American securities
Can you do a video on the best royalty stocks.
What do you mean by royalty ?
@@PassiveIncomeInvesting I'm guessing he means stocks in the vein of Diversified Royalty Corp. (DIV.TO)?
@@PassiveIncomeInvesting i think he means stocks like SJT.
What platform do you recomend using for purchasing USD ETFs? Is there one that makes the most sense in terms of dealing with currency conversion?
Questrade has dual currency accounts , which is convenient
@@PassiveIncomeInvesting thanks for the reply! Would you recomend Questrade over TD easy trade?
Watched and liked, thanks Adriano!
according to YF, BIZD has an expense ratio of over 10%, which nullifies the div yld.
No, it's actually 0.4%.
BIZD is 10% not 0.10%. Its 10000 basis points. Cray cray.
Please read why on their website . It’s not really 10% . I explained it briefly in the video
the white background makes the video cheesy and the audio echoes. just so you know
Listen to what I saw , I’m not here to entertain you 😎
Nothing else to criticize
How can you guarantee the management fee is for BIZD is .4% not 10.92%
Logic ? Like I said you can read the management fee explained link on the website