Split Share Funds: Too Risky? Missed Dividends? 6 Points to Consider before Investing

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  • Опубліковано 29 жов 2024

КОМЕНТАРІ • 79

  • @YasirKhan-ob4qf
    @YasirKhan-ob4qf 2 роки тому +18

    Adrian's videos have singlehandedly changed the way my family and I invest. Thank you!

    • @Got2Learn
      @Got2Learn 2 роки тому +1

      Very nice of you, I paid my share too about 3 months ago :)

    • @YasirKhan-ob4qf
      @YasirKhan-ob4qf 2 роки тому +1

      @@Got2Learn Nice :)

    • @Got2Learn
      @Got2Learn 2 роки тому

      @@YasirKhan-ob4qf yup :)

  • @MegsCarpentry-lovedogs
    @MegsCarpentry-lovedogs 2 роки тому +6

    Adriano, I use stock charts not to decide on the growth of split corps but to consider the NAV along with when it appears to be oversold, using the RSI, and time to consider buying. Of course, I don't buy a full position right off the bat! I have learned to nibble using 1/3 or 1/4 positions. Like you have stated a few times, invest every month or 2 to get the dollar cost averaging and to keep increasing the income. Yes, the Drip is useful as well. A mix of some on the drip and some I do the investing choice. Like you said, "Diversification is King" (aka Queen, Wink wink!)

  • @MegsCarpentry-lovedogs
    @MegsCarpentry-lovedogs 2 роки тому +3

    Complete and comprehensive presentation. I will share this with an investment seasoned senior retired friend. I am hinting to him to nudge his grandson to look into passive investing using your presentations and use the DRIP. The grandson is only 15 yrs of age. So, can you imagine if he started now to put something into savings! Wow! He could reach F.I.R.E sooner rather than later.👍 Thanks Adriano. Cheers East Canada.

  • @BearInvesting
    @BearInvesting 2 роки тому +2

    I like your rule of not having more than 5% of your portfolio in a single split fund I have DFN and ENS only at the moment but try to keep them within that rule to keep my overall portfolio income safe. HYLD and HDIV are giving such high yields right now and they don't have the $15 rule so I bought tons of HYLD while it's giving out 12.5% yield.

  • @25Soupy
    @25Soupy 2 роки тому +4

    I bought $10K of CLM last week and $10K of DGS today. If this video came out yesterday I probably wouldn't have bought DGS today. I'm okay with missing a few months of dividends but I would have probably bought more HYLD or HDIV instead and buy DGS when the dividend is reinstated. At the same time it may end up being a good deal as the price was low because of no dividend currently.

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому

      See how fun diy investing is ?! 😉 the hunt for your perfect portfolio takes time . Enjoy the ride

  • @arshdeepsidhu2530
    @arshdeepsidhu2530 2 роки тому +9

    Love ur content, ur videos really helped me construct my income oriented portfolio, and I know with hard work and saving I can live off my portfolio in the future

  • @efullname
    @efullname 2 роки тому +1

    Very good on details! I like split funds, the income is so generous and $15 unit NAV income cut off is a certainty that I can take advantage of. I don't care if I miss incomes I mean 22% to 30% is a great steal!

  • @Got2Learn
    @Got2Learn 2 роки тому +1

    Very good considerations Adriano, thank you so much for this video :)

  • @vicmiklausic5415
    @vicmiklausic5415 2 роки тому +2

    Great Video Adrian! A much needed video for people to understand passive income investing. Most think of growth and not income. This is a fantastic much needed video which I will archive along with the Split fund video!

  • @anthonyyee5363
    @anthonyyee5363 2 роки тому

    Thanks, Adrian! The average anual compound return factor is super helpful! 14:59

  • @bananahead44
    @bananahead44 Рік тому

    great video! what is a reasonable premium to pay for dfn and ftn? What is too high? thanks

    • @soneeeee4440
      @soneeeee4440 Рік тому

      I wouldn't think about it like that. If you see how sbc and lbs behave over time like the last 12 years, the best time to buy is during a crash like 2020, 2009, dec 2018 that's when they trade at a large discount. The key point is the $15 threshold, and they overshoot on the downside (discount to nav) and the upside (rising markets and holdings). He is absolutely right, I am careful on any A shares that are below 7 or even 8. SBC is one of the safest, rarely below $5 in 12 years. LCS on the other hand I view only as a trade now, with a lower distribution than the others and a narrow portfiolio, it's a gamble, and so I would buy it sub 4 or sub 3 and sell it at 5 or 6. There is also natural erosion to nav over time, so for long term buy the most stable is sbc. So for sbc, if you can start a position sub $11 that would probably make sense, that means the banks are lower than currently (still high on a all-time valuation basis), and then if we get a crisis, you load up. I bought sbc sub 7 and lbs in the 2-4$ range in 09 and 2020, so yield on my cost was about 30% when it started paying. A shares are not SWAN (sleep well at night) investments in general, and have to be monitored carefully to avoid capital losses that could eclipse any yield received. especially if purchased at or close to market peaks with big drops shortly afterward (like 21-22 and possibly 23)

  • @KOTNEmpire
    @KOTNEmpire 2 роки тому +2

    What do you make of split funds that have a consistently falling share a price. For example FTN that peaked at 58+ back in April 2007 and is now at 9.45.
    I only have 7400 shares of FTN but not sure if to keep investing in it.

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому

      Did you watch the video ??

    • @KOTNEmpire
      @KOTNEmpire 2 роки тому

      @@PassiveIncomeInvesting yes I did. And I think i may not have incorporated the annual compound returns.

  • @owenkwong3358
    @owenkwong3358 2 роки тому

    Liked 👍 Thanks
    Higher leverage more risks but higher yield just have smaller position that's it

  • @smcdonald12
    @smcdonald12 2 роки тому

    Thanks for the video. You might want to check the spelling of Finance on the banner for your channel.

  • @mikem.3746
    @mikem.3746 2 роки тому +1

    Hello
    You have been very helpfull in my investing portfolio
    About the $15 nav ,when in the month are they deciding to pay or not cause the nav might be $15 and 2 days later 14.50

  • @sidb9540
    @sidb9540 2 роки тому +1

    I just sold off all my SGR RIETs to buy SBC... I have been waiting for quite a while for SBC to reach 10% yeild and grabbed it finally!

  • @RockNcountrySTAR
    @RockNcountrySTAR 2 роки тому +2

    What can I say , you continue to inspire my friend , btw I picked up some DFN last week, what a beautiful discount I got, FTN too, I can retire anytime now , thanks Adrian I look forward to every video you post .

  • @soneeeee4440
    @soneeeee4440 Рік тому

    great video, i write a lot about splits on stockhouse, didn't realize you were out there!

  • @ChristopherFlett
    @ChristopherFlett 2 роки тому

    Good video. Should be required viewing before people join FB group.

  • @ed-lyne4082
    @ed-lyne4082 2 роки тому

    Thanks for this video! Always good to remember the basic. I lived in Montreal 15 years and I have been living in Quebec city since 2013. Hope to find a place where the weather is better 🥴

  • @jcpaul6824
    @jcpaul6824 2 роки тому +1

    Thanks for this Adrien. I appreciate the insight immensely.

  • @dkyrtata6688
    @dkyrtata6688 2 роки тому

    Adrian what do you think of North American Financial 15 Split (FFN)? With an annual yield of over 33%, it is hard to ignore even though the distributions have been suspended since May/2022.
    Initially, I figured that with all the CDN/US banks and other financial institutions the fund holds, it would only be a short while before the distributions are reinstated. Heck I can wait a year for a 33% yield. However, looking at the Canadian Life Companies Split fund (LFE) (containing the 4 large Canadian insurance companies), I see that its distributions were never reinstated.
    What are the chances that the same thing will happen to FFN? Your thoughts and speculations?
    FYI: The distribution of FFN was suspended for 10 months in 2020 but was fully reinstated thereafter.

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому

      I don’t own it . Too many misses for me . But can rewarding for a patient investor who can tolerate dividend misses

  • @yogerula6023
    @yogerula6023 2 роки тому

    Very comprehensive

  • @markbrown51
    @markbrown51 2 роки тому +2

    Another great video thanks Adrian, keep them coming bud, you provide great and needed content.

  • @Christina-ni2si
    @Christina-ni2si 2 роки тому

    Thumbs up for explaining Quadravest's website to me hahaha.
    Come on Quadravest, you gotta step up your website game!

  • @Goforitmanager
    @Goforitmanager 2 роки тому

    I actually have considered going all in on split funds. I think the dividends make up for missed dividends.

  • @substanceo9335
    @substanceo9335 2 роки тому +1

    DGS declared it’s paying dividend for this month.

  • @TheJohnmmullin
    @TheJohnmmullin 2 роки тому

    Adrian: do you have any insight into whether/why HYLD has not paid/declared a July dividend?

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому

      They will dude don't worry :)

    • @TheJohnmmullin
      @TheJohnmmullin 2 роки тому

      @@PassiveIncomeInvesting I am an idiot...I was looking under Harvest press releases and it is a Hamilton fund haha. All good!

  • @danjennings4700
    @danjennings4700 2 роки тому

    Very good information and content, thanks

  • @homann638
    @homann638 2 роки тому

    Nice and appropriate video. Thank you. Any chance you could show us your neighborhood and street views and general things sbout PANAMA? I curious to know how a Panama move looks like.

  • @SHHHMotoTravels
    @SHHHMotoTravels 2 роки тому +1

    Well done !
    Great detail, thanks

  • @vicmiklausic5415
    @vicmiklausic5415 2 роки тому

    One more thing Adrian, do you know what " Normal Course Issuer Bid" means. This was in the news for FFN and reading what it means does not sound good. Can you explain this also?

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому

      Share buybacks

    • @vicmiklausic5415
      @vicmiklausic5415 2 роки тому

      @@PassiveIncomeInvesting have you thought of using sharesight to help keep track of items and various information with regards to a portfolio?

  • @paulsantori8920
    @paulsantori8920 2 роки тому +3

    Time to go for my morning walk with Nina and listen to Adriano go over my favourite investments!! Only downfall is I’m going to want to buy more afterwards. Lol. Thanks for everything you and Erica do. I’m loving this 🧸market! Bring on the recession. Cheers 🍻

  • @mson604
    @mson604 2 роки тому

    Love your educational videos and guidance!

  • @chrisbouchard4780
    @chrisbouchard4780 2 роки тому +1

    I went big with DGS for the dividend but now they stopped paying this month 😫🤔😭. Do you know why??

    • @pauljose1261
      @pauljose1261 2 роки тому +1

      He explained it in Factor #2.

    • @chrisbouchard4780
      @chrisbouchard4780 2 роки тому

      DHS is only $6-7 and was paying before

    • @chrisbouchard4780
      @chrisbouchard4780 2 роки тому

      Thanks. Ya I just researched the current NAV added together. Bummer hope it goes back up soon. Thanks

    • @Whatisthisstupidfinghandle
      @Whatisthisstupidfinghandle 2 роки тому

      Sorry. That’s what happens when you chase yield

    • @chrisbouchard4780
      @chrisbouchard4780 2 роки тому

      @@Whatisthisstupidfinghandle no worries. No regrets. Long term goals

  • @Malaka12345
    @Malaka12345 2 роки тому +1

    I'm still buying dfn at this price and still buying minto

  • @tomcoleman550
    @tomcoleman550 2 роки тому +2

    Hi Adrian, thanks for all your video's, learned a lot from you, long time viewer, first comment. I hope your safe in Panama, I saw bad stuff on internet and thought of you.

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому

      Yeah , don’t believe what you see . It’s super exaggerated. No issues whatsoever here 😉☀️☀️

  • @CanadianDividendInvesting
    @CanadianDividendInvesting 2 роки тому

    Awesome video update brother!

  • @jbhighlights3881
    @jbhighlights3881 2 роки тому +1

    I hope LBS stays above 15$ it’s getting close:(

  • @joannapatterson4625
    @joannapatterson4625 2 роки тому +1

    Thank you for explaining in detail.
    Enjoy Panama🙂

  • @brianbonner1238
    @brianbonner1238 2 роки тому +1

    How is life in Panama the last month or so with all of the disruptions going on and your down over $200k? Still a good move for others?

  • @jimjackson4256
    @jimjackson4256 2 роки тому

    The fact that they are being sold probably means they are overvalued.Period.

  • @thebrazenman110
    @thebrazenman110 2 роки тому +1

    Unfortunately your Facebook group is poorly run. I have been apart of the group for close to a year. two days ago I wrote "Amazingly some people don't believe in RRSP's" when I was answering a question in the group. One of your admins (Leanne Briscoe) deemed this comment to be "Judgmental" and kicked me out of the group. Does that seem like a reasonable response?? Allowing a immature, petty rude person like this to be apart of your social media presence is a bad idea. Good luck!

    • @PassiveIncomeInvesting
      @PassiveIncomeInvesting  2 роки тому

      Good luck to you buddy ! I trust Her judgement . And it’s the best run investing group . That’s why there’s over 12k members and counting .

  • @alexanderzolotar4645
    @alexanderzolotar4645 2 роки тому

    Congrats on 50k!!!