Видео

Glad it was helpful!

Glad it was helpful!

Glad it was helpful!

For sure, choosing ETFs like JEPI or JEPQ can be a decent option if you're working with a smaller budget. Personally, I see the appeal in these ETFs for their potential to offer a relatively regular income, which is pretty handy if you're eyeing the FIRE approach. It's just my take, though. It's always wise to weigh all sides and see how any investment fits into your broader financial picture and goals.

You make a great point about covered call ETFs and how much of their portfolio they cover with calls, like 30-50%. This mix helps them balance earning money from call options and still letting the investments grow. For me, a 30% coverage feels just right given what I'm okay with risk-wise. This way, you can get some regular income and also have a chance for the investments to increase in value. It's a smart plan for people who want a bit of both - growth and regular earnings.

It sounds like you're really frustrated with how things are going with the Canadian economy. It's true, the economy can have its ups and downs, and that can definitely affect investments. But remember, markets have good and bad times, and sometimes patience can really pay off. It's all about the long game and keeping a balanced view.

Enough to pay monthly bills. That what I do. About 45% of my portfolio.

@@unorthodocs1 Thanks for the answer. Do you also hold any other stocks or stock etfs, or do you use the covered calls as your equity portion, and add some bonds for fixed income. I recently sold our home and have a considerable sum to invest for income, and just picking other investors ideas

@@HamiltonRb I’m retired. I’m using 50% VOO, 33% JEPQ, 15% JEPI, 2% TSLY. I have yet to sell anything. Just keep adding what I don’t spend on life expenses. CC funds are like a cash or bond bucket.

@@unorthodocs1 Im retired as well, and was thinking 1/3 each of US & Canadian growth, US & Can covered call and US & Can laddered bonds. Thanks for input

Covered call ETFs are ideal for retirees aiming for both income and reduced volatility. Nevertheless, there are a couple of considerations to bear in mind: The distribution yield may appear enticing presently, reaching double digits due to current market dynamics. However, historical data suggests that if the overall volatility of the market index these ETFs track decreases, this yield is likely to decline, as it has in the past. While a covered call ETF can provide a degree of stability compared to holding an index ETF, it remains susceptible to significant declines during market corrections. In light of this, I personally recommend diversifying across various income-generating assets and using covered call ETFs judiciously to augment your yield.

It really depends on your financial objective and risk tolerance. Just a reminder though, the MER for covered call ETFs is usually around 2% (so much higher than a regular dividend ETF) and there may be tax implications for receiving a high yield (depending on where you're holding the fund). Hope this helps

Yes, to achieve diversification, you need to cover more than your local market. What I meant in the video, that it's diversified across various industries within the market you're targeting! Thanks

Yes, low volatility ETFs were great winners lately, perfect combination high return for less risk (beta). 👌

What's your opinion

Just keep investing in losing single stocks like I used to........ not something you want.

@@henryhonda8408 My stocks doing fine, thanks. Up 37% year ending April 30. What crap were you buying? Helps if you have a little knowledge and experience.

They are great! Missed the boat when they went up. But next time I will keep them in mind when I see markets not making sense!!!

A large portion of the dividend is from option trading. So it's not sustainable. The competence of the manager will be key here to maintain the distribution yield within the set target.

Agrée with you

In my personal.opinion, you will be just replicating since both are relatively the same. I will personally mix: a growth banking etf with a covered call banking etf to achieve both growth on one and income on the other.

you might want to buy HDIV which has ZWB in it

​@@moresugartradercc2744 not no more hdiv to put zwb and replaced it with hmax

@@drummerjohnrespectsall4602 yes I see ZWB is not in HDIV now I like HCAL better than ZWB but ZWB is a good one to hold on it's own

In my personal opinion, Its ok if you dont reinvest the dividends as long as you hold long term and your objective is income and less volatility. Since the fund is made up of quality stocks it will recover long term and keep paying a high dividend yield.

@@BestDividendStocks-ETF thanks I agree

Glad I could help!

Adrian has an amazing channel on passive income! Much more content, industry guests...etc. My channel is too small in comparison and I try to be more braod than just passive income ETFs. Though i like covered call ETFs I think they are not for everyone especially the ones that use leverage to enhance yields.

@Best Dividend ETFs and Stocks sorry I was just asking if you're adrian..You guys have the same voice..I like your channel as well..Im learning a lot from it..Thank you so much..

I need to update the video! I think there were also other changes. Thanks

Thanks!

I am not an expert. My feeling is Canadian Banks are solid and are undervalued if held long term. The job market is still strong. The fact that fraud exists means its not that easy to get a mortgage from a Canadian Bank. The housing bubble in the US was industry led with greed and basically approving everyone which I dont think was the case in Canada. The good news is housing prices are cooling down which definitely reduce the risk of a bubble . Again thats just my personal opinion!

Thanks, working on it

Not really. If it yeilds 11-12% and even at a high tax rate you would still pull in around 70% of that. So in reality you are netting a 7-8% yeild. That is still fantastic. I would take a 11-12% that I have to pay 30% taxes on vs a 3-4% rate that I pay 0-10% on.

Most likely, you WILL have losses ... offset your losses to your gains ~

Thanks for subscribing

Thats Adrian! 😆 🤣..I think this is his second channel.

You are correct

Adrian's channel is great and quite informative. The difference, I am not as much into covered call ETFs, and I think they are meant for a really small segment of investors. Unfortunately, I noticed a lot of people buy these ETFs and dont understand the impact on their portfolio; they just want to say I acheived $$$ amount in passive income. (Most of the times they have lost that same amount in capital). And hey I don't think anyone holds the exclusive right to talk about covered call ETFs!!!

Yes, I nibbled at buying more of at hyld and hdiv and gdv last week. Preferential tax treatment as well so one can hold it in a non rrsp account. My tfsa and rrsp are maxed out......a nice problem to have though!

Thank you! Great content on your channel keep it up!!

@@BestDividendStocks-ETF Appreciate it :)