📈📚 As always, if you're a beginner to the Stock Market in Canada and you're looking for a step-by-step blueprint on how to get started... Find out more about our Investing Academy here - bit.ly/theinvestingacademy Power Corporation is a great Canadian company that is suitable for many retirement portfolios. This video takes a closer look at what you need to know if you want to own Power Corp. Link to Passiv: - passiv.com?ref=RGAMTXSUAM
BRAVO Marc. You are teaching investors in Canada that Canadian stocks do have foreign content to give diversification in ones portfolio for peace of mind. I am so very pleased when you present these deep dives of these sorts of Canadian stocks with diversification. So perfect!💯🇨🇦 As a teacher, you deserve 5 stars out of 5 stars! ⭐️⭐️⭐️⭐️⭐️
Just bought power corp last week for an initial position. Nothing better than a review by this channel to give you some confidence that it was a good company to buy. Thanks Marc!
Well that would be impossible to do considering I'm in my late 50s and I'm more interested in investments that could set me up for retirement in my 60s, my goal is at least $2million.
@@veramonique1724 How can one find a verifiable financial Planner, I buy the idea of employing the services of a Financial Advisor because finding that balance between saving and living requires counsel.
Tips: If you are young invest in Tech stocks like Google, Apple, Nvidia and Microsoft; also include Costco and United Health if you want a slow growth with dividends then invest in BAM, POW, BCE, TELUS, ENB, MFC and ATD
Funny, Brandon spoke of Power Corp a couple years ago. Did my dd and picked up some. Dripping all the way to retirement currently. How can you go wrong with a ticker like POW 😀
The best investing strategy for most people are one decision asset allocation ETTs ( examples: XEQT, XGRO, XBAL, XCNS, XINC depending on your risk profile). Dividends never matter, it’s just psychological. It feels good to see “free cash” in an account. It doesn’t matter whether you receive dividends or sell some shares for income. The net value of the stock remains the same. Watch Ben Felix channel on this subject.
I'd say POW is a great equity holding for an investor of any age, as part of an overall strategy. Assuming, of course, there is an appropriate tolerance for risk which comes with any equity holding. But if that's the case, I love POW. Thanks for asking. - Marc
Well, about 1 year ago I chose MFC over GWO and SLF…oh well! If I had known POW owned GWO, plus the rest of it, I might have made a different choice. But ya be been looking for something safe to put my last remaining “powder” … maybe this is it!
Thanks for this. I bought Power Corp (common and a preferred) during the early days of the pandemic. Can you please do a video at some point, that projects out income, based on historical average dividend growth rates? Compare a few companies, in the same industry? A 'what if you held for x years scenario' I know it's a projection and not guaranteed but it would be helpful. Ie. BNS vs CM. TD vs RBC vs NA etc... Or Great West, vs Manulife vs Sunlife. Initial yield is so important, but so are generous dividend growth rates. I feel that I've already made a bit of a rash decision during the pandemic when i bought Riocan and SmartReit. Both have such pitiful dividend growth rates. While I have a good return on cost, it's those tiny, or non-existant dividend increases that make me question my decision.
I hear you on SmartREIT. I got in at a good price in 2020 and the dividend is juicy but, yeah, not likely to get much in the way of dividend growth. I did sell about 20% to buy POW at the beginning of the year but it’s tough to lose the monthly dividend income!
@@James_48 Yup. I'm sure it's a psychological block for me not to want to part with some monthly payers. I think I'm holding it for 1 good reason, diversification.
Great video and good advice as always, Marc. POW is one of my core stocks that I add to when it dips. I would be interested in seeing you compare POW (or GWL) to Manulife and Sun Life (or another similar company) and how you approach which one to invest in or perhaps you would hedge across all three? It is the process and final decision that would be of most interest.
Increíble dividendo, esta acción esta en mi lista de observación siempre, definitivamente una opción muy segura para el futuro. "Incredible dividend, this stock is always on my watch list, definitely a very safe option for the future."
Hi, 1st time watcher, I enjoyed it. You mentioned on a future episode about talking about ETF's , I recently was disappointed learning about Return of Capital in several of my ETF's some were covered calls. ROC reduces the real dividend payout by up to 40% or more. Please talk about this aspect of ROC as I was paid back with my own money yet the funds promote a nice return but are not fully upfront about the ROC. Yes, the ROC data it there but you have to dig deep to see it and it is not shown in current year distributions.
Welcome to the channel, and great point on the ROC. I know there are a ton of investors who don't understand it, and there are a ton who do understand it, but downplay it because they love juicy yields, not accepting the fact that in some cases most of that yield is their own money. I'll make a note of this and will talk about it in a future video. Thanks for joining our community. - Marc
@@beaviswealth Marc, here are a few examples of ROC in a few BMO ETF's- ZWU- for 2021 the total paid dividend was $0.96, the ROC portion was $0.52, ZWB 2021 Distribution paid was $1.1185 the ROC portion was $0.583, ZWC 2021 distribution paid was $1.25 the ROC portion was $0.743.
Great videos. A lot of detail. Thanks! The chart is looking interesting having tested 37 a couple of times. It has run quite a bit though. You still think it's a buy now?
If it fits into your long term plans, I would say it's reasonably valued now. I don't know your situation, but if it's the type of company you want to own, give it a serious look! 👍- Marc
Great episode Marc. Well explained and I have to agree Power corp is a core holding to consider at any age. I was once a client of IG …sadly…but hey! People learn their lessons the hard way sometimes! I should’ve just owned PowerCorp and kept my money in my pocket! Very solid company with stable growth,we own it in our retirement nest eggs and always keep it at a healthy weight.
Hey Derek. Thanks for your history lesson! When I was first deciding to get into the industry I interviewed with IG, but the vibes I got at the interview we unsettling, so I moved on. In hindsight, it was a good move. Always appreciate you watching the videos. Cheers. - Marc
@@beaviswealth Hey marc great vid.. I have a small suggestion. Anyway you could do a vid on possibly how to get into the industry if one were looking to make a career change even if it is a little later in life??. That would be fantastic i think. Cheers.
Hey Patrick. Lion merged with a SPAC last year (Northern Genesis Acquisition Corp), and is trading as LEV on the TSX and NYSE. Thanks for watching, Patrick, and thanks for your long-term support of our channel! Much appreciated. - Marc
Very well structured and diversified holding company / good stable dividend - but oddly enough - a sluggish growth record based on 5yrs - but good fundamentals.. low p/e - however, for better growth perspectives - I like the banks or another name to check out is - TMX GROUP - for better growth / Your summary was excellent on Power corp - and there is nothing wrong to holding this name for dividend Income..😁 / I do believe that this holding company - could eventually become a takeover target for one of our banks...
Thanks Marc. Excellent video on how to invest as a person approaches retirement. You talked on how it was important to have a “core” of stocks as part of the investment portfolio. Can you explain what “core” represents. For example is it blue chip stocks making up 75% of portfolio. Could the remaining 25 % be GICs. If you need some of the interest/dividends to supplement your retirement pension would you go 25% blue chips stocks and 75% GICs. Some say you should invest based on your age. If a person is 80 then the portfolio should be 20 % stocks and 80 % GICs. Love the video.
Not advice, but my goal is to continually add to roughly 10 eligible dividend paying companies to generate enough annual income to support the majority of my needs in retirement. When combined with my wife’s modest defined benefit pension plan we should be in good shape by the time we get there. I don’t bother with bonds because I’m confident my blue chip dividend payers will pay their dividend. If the share price happens to dip I don’t care as long as the dividends keep coming.
I trust your expertise/ judges with my eyes closed. haaha thank you for your explanation . I am extremely grateful for you sharing your knowledge :) great video as always
Great video on a solid company as a dividend holding....low POR, but x-date is today!....oh well, this may result in some downward price pressure and create an even better entry point.
Looks like a fantastic choice. I'm concerned why a lower debt / equity is causing them to issue so many shares ...and so much insider selling activities.
Marc, I'm a shareholder of POW, with an overall avg of $27.60 and I'm loving the dividends on a DRIP. You sort of touched on my main concern with them, which is that they rely on the "high fee model" such as IGM, and I think the trend will continue for more DIY investing, but to what extent is this a risk? Do you have any more colour on that? Also, unless I missed it, you didn't comment on POW's discount to NAV - any reason for this? Thanks!
Another top-notch bang-on comment from James! Both of the items you mention were running through my mind when I created this video. On the fee question, I do believe that the 'higher' fee model will persist for a long time, yes. As much as we'd like to think everyone is a DIY'er and that competition will drive those fees down (and it has to a large extent already), they aren't going anywhere soon, IMHO. And no, you didn't miss it, I didn't comment on the discount to NAV. I had a graphic or two to address that, but in the end didn't include them in the video. (Always a tradeoff of content and time, alas.) That said, POW has long been thought of under the 'sum-of-the-parts' model to be significantly undervalued to its NAV, and I agree it is. I do believe this discount will narrow as more investors become aware of, or comfortable with, this company. That can only be a good thing for investors. I always appreciate your insightful comments, James, and just have to ask where you get your knowledge from? Are you in the industry, or just a guy who really knows what your doing? I'm curious! Thanks. - Marc
@@beaviswealth Thanks for the compliment - I appreciate it. Much of my knowledge comes from your channel, and Parallel Wealth's, and the myownadvisor blog. Also, I recently took the Retirement Planning course towards the CFP, and plan to take the Estate Planning course next. I'm not sure where that will lead me. I made several six figure investing mistakes from 2015 - 2019. Very, very painful mistakes. I lost both my parents in 2019 and received a modest inheritance and was determined to be a good steward of what they left me. I started by building a base around the BTSX strategy. In April of 2020 I was convinced that it was the opportune time to go "all in" with my newly zeroed out line of credit and so far it has worked out well. I'm almost back to a respectable portfolio. I'm hoping to get things where I can retire by 2028 (age 60).
Hi! Anyone watching this channel being non-resident in Canada? I'm based in Finland and whenever I get a dividend from any Canadian companies (doesn't happen for US stocks) I own shares, it has a not-nice 25% retained tax although the tax treathy between Finland and Canada is for 15%. My bank is saying that the problem is with Canadian companies (doesn't happen for example with US dividends I receive) and that they don't check what is the country of the shareholder, they charge straight 25%. Is that something you are aware or other on this channel have heard about? I spoke to Canada Revenue Agency and they said the company should send me an NR4 document but I never got one, evem though I own shares since 2020. Tried to call and write to BMO, no luck ... and it sucks because Finnish tax authority are crediting back only the 15% from tax treathy which means I would, in the end, have an extra 10% retained, not nice 😒 If anyone can give some advice, I would truly appreciate!
Thank you for this video. Taking a look at this company. Could you or Brandon look into and possibly give your opinion on an American Holding Company Boston Omaha Corporation ? Ticker-BOC It's Warren Buffets Great Nephews Company.
Love your videos. My long term portfolio is all in XEI, i like that Ishares manages this etf for a low fee. I wanted your opinion about how safe this etf is. I know blackrock is the biggest asset management but is there a chance this etf goes under? For now I just reinvest the dividends and I believe there’s a Canadian dividend tax credit for my non registered account
When I watch your videos I say to myself, "This is what great advisors are like!" If you are looking for company ideas, I'd like to know what you think of TEK Resources! Thanks again!
@@beaviswealthJust going by stock share price Nov. 1 2007 it was worth just over $40 per share. It's currently $39. Granted it had nice growth in the years leading to that date in 2007.
Now that the federal government has decided (budget 2022) that the success of Canada's financial institutions is a wonderful reason to plunder them, I cannot see that they can be seen as safe investments for retired Canadians.
![Seungmin "그렇게, 천천히, 우리(As we are)" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/kAzmhLHePqU/mqdefault.jpg)
📈📚 As always, if you're a beginner to the Stock Market in Canada and you're looking for a step-by-step blueprint on how to get started... Find out more about our Investing Academy here - bit.ly/theinvestingacademy
Power Corporation is a great Canadian company that is suitable for many retirement portfolios. This video takes a closer look at what you need to know if you want to own Power Corp.
Link to Passiv: - passiv.com?ref=RGAMTXSUAM
will it help me, If I am investing 25$ monthly?
The best thing you could do if you have a shitty pension is load up on high dividend stocks in you TFSA
BRAVO Marc. You are teaching investors in Canada that Canadian stocks do have foreign content to give diversification in ones portfolio for peace of mind. I am so very pleased when you present these deep dives of these sorts of Canadian stocks with diversification. So perfect!💯🇨🇦 As a teacher, you deserve 5 stars out of 5 stars! ⭐️⭐️⭐️⭐️⭐️
Thank you. Glad my 'teaching' style resonates with you! Thanks for your support. - Marc
Just bought power corp last week for an initial position. Nothing better than a review by this channel to give you some confidence that it was a good company to buy. Thanks Marc!
How's that for timing! Thanks for watching, Ryan. - Marc
I second that .. just recently added. No better channel to give me some confidence.
Well that would be impossible to do considering I'm in my late 50s and I'm more interested in investments that could set me up for retirement in my 60s, my goal is at least $2million.
@@veramonique1724 How can one find a verifiable financial Planner, I buy the idea of employing the services of a Financial Advisor because finding that balance between saving and living requires counsel.
@@veramonique1724 thanks for the info. Found her website and it was really impressive
there is one little thing if you divorce it will be 1 million, and another million will go to your partner. Am I right or wrong?
Tips: If you are young invest in Tech stocks like Google, Apple, Nvidia and Microsoft; also include Costco and United Health
if you want a slow growth with dividends then invest in BAM, POW, BCE, TELUS, ENB, MFC and ATD
I've been buying this stock since May 2021, it looks like a great entry point at today's price.
was on the POW RUclips channel and this video came up as well; I'd forgotten I'd seen it! POW has become a central holding for me! LOL
Hey Brandon and Marc, would like to hear your thoughts about the Hamilton etfs HDIV and HYLD, cheers
Funny, Brandon spoke of Power Corp a couple years ago. Did my dd and picked up some. Dripping all the way to retirement currently. How can you go wrong with a ticker like POW 😀
Thank you! Incredibly helpful and so well explained. You do have a knack for teaching, I will second that from a previous comment.
Thank you Kirsten. Maybe I missed my calling. 🤔🙂- Marc
I’m n.
Love POW.. keeps me sleeping like a baby at night and gives a great dividend as well.
Love your content, I would love to see a video on CDRs if you haven't already made one.
Very nice informations thank you 🙏 ❤❤❤❤
Watched and liked, thanks Marc!
I love Power Corp.
POW is amazing. I love getting a DRIP every quarter 🤘🏽🎉💪🏾
Can you do an updated breakdown recommendation for ETFs?
Thanks for asking. More ETF videos are definitely on the agenda... just need to find the time! - Marc
The best investing strategy for most people are one decision asset allocation ETTs ( examples: XEQT, XGRO, XBAL, XCNS, XINC depending on your risk profile). Dividends never matter, it’s just psychological. It feels good to see “free cash” in an account. It doesn’t matter whether you receive dividends or sell some shares for income. The net value of the stock remains the same. Watch Ben Felix channel on this subject.
Bought pow on the 2020 dip at 20$! Loving it.
Nice catch... ya, this is a great company. - Marc
Thoughts on POW being a core holding for a young(er) investor?
I'd say POW is a great equity holding for an investor of any age, as part of an overall strategy. Assuming, of course, there is an appropriate tolerance for risk which comes with any equity holding. But if that's the case, I love POW. Thanks for asking. - Marc
thanks for sharing but to avoid fees can you recommend an etf that holds that stock? Thanks
Thank you so much Marc for guiding us!!
My pleasure, and thanks for watching. - Marc
Love power corp🙏🏻
Excellent Video .... I like to hear more of you core holdings
Well, about 1 year ago I chose MFC over GWO and SLF…oh well! If I had known POW owned GWO, plus the rest of it, I might have made a different choice. But ya be been looking for something safe to put my last remaining “powder” … maybe this is it!
Thanks for watching, Robert! Always appreciate your support of our channel. - Marc
Loved this breakdown! More please.
Thanks for this.
I bought Power Corp (common and a preferred) during the early days of the pandemic.
Can you please do a video at some point, that projects out income, based on historical average dividend growth rates? Compare a few companies, in the same industry?
A 'what if you held for x years scenario'
I know it's a projection and not guaranteed but it would be helpful.
Ie. BNS vs CM. TD vs RBC vs NA etc...
Or Great West, vs Manulife vs Sunlife.
Initial yield is so important, but so are generous dividend growth rates.
I feel that I've already made a bit of a rash decision during the pandemic when i bought Riocan and SmartReit. Both have such pitiful dividend growth rates.
While I have a good return on cost, it's those tiny, or non-existant dividend increases that make me question my decision.
I hear you on SmartREIT. I got in at a good price in 2020 and the dividend is juicy but, yeah, not likely to get much in the way of dividend growth. I did sell about 20% to buy POW at the beginning of the year but it’s tough to lose the monthly dividend income!
@@James_48 Yup.
I'm sure it's a psychological block for me not to want to part with some monthly payers.
I think I'm holding it for 1 good reason, diversification.
Thanks for your comment and suggestions... added to the list! - Marc
Great video and good advice as always, Marc. POW is one of my core stocks that I add to when it dips. I would be interested in seeing you compare POW (or GWL) to Manulife and Sun Life (or another similar company) and how you approach which one to invest in or perhaps you would hedge across all three? It is the process and final decision that would be of most interest.
Great suggestion, Doug. I've always thought of doing up some 'comparison' videos, but man... time slips by so quickly. Thanks for the reminder. - Marc
What is your opinion on Ottawa's one-time 15 per cent tax on financial institutions' taxable income?
Thank you for information about investing in canada , very good 👍
My pleasure, Yani, and thanks for watching. - Marc
Increíble dividendo, esta acción esta en mi lista de observación siempre, definitivamente una opción muy segura para el futuro.
"Incredible dividend, this stock is always on my watch list, definitely a very safe option for the future."
Juan, mi amigo. Como siempre, muchas gracias. - Marco
Hi, 1st time watcher, I enjoyed it. You mentioned on a future episode about talking about ETF's , I recently was disappointed learning about Return of Capital in several of my ETF's some were covered calls. ROC reduces the real dividend payout by up to 40% or more. Please talk about this aspect of ROC as I was paid back with my own money yet the funds promote a nice return but are not fully upfront about the ROC. Yes, the ROC data it there but you have to dig deep to see it and it is not shown in current year distributions.
Welcome to the channel, and great point on the ROC. I know there are a ton of investors who don't understand it, and there are a ton who do understand it, but downplay it because they love juicy yields, not accepting the fact that in some cases most of that yield is their own money. I'll make a note of this and will talk about it in a future video. Thanks for joining our community. - Marc
@@beaviswealth Marc, here are a few examples of ROC in a few BMO ETF's- ZWU- for 2021 the total paid dividend was $0.96, the ROC portion was $0.52, ZWB 2021 Distribution paid was $1.1185 the ROC portion was $0.583, ZWC 2021 distribution paid was $1.25 the ROC portion was $0.743.
Great videos. A lot of detail. Thanks! The chart is looking interesting having tested 37 a couple of times. It has run quite a bit though. You still think it's a buy now?
If it fits into your long term plans, I would say it's reasonably valued now. I don't know your situation, but if it's the type of company you want to own, give it a serious look! 👍- Marc
@@beaviswealth I’ll give you a couple to check out. AFN & PKI
Great episode Marc. Well explained and I have to agree Power corp is a core holding to consider at any age. I was once a client of IG …sadly…but hey! People learn their lessons the hard way sometimes! I should’ve just owned PowerCorp and kept my money in my pocket! Very solid company with stable growth,we own it in our retirement nest eggs and always keep it at a healthy weight.
Hey Derek. Thanks for your history lesson! When I was first deciding to get into the industry I interviewed with IG, but the vibes I got at the interview we unsettling, so I moved on. In hindsight, it was a good move. Always appreciate you watching the videos. Cheers. - Marc
@@beaviswealth Hey marc great vid.. I have a small suggestion. Anyway you could do a vid on possibly how to get into the industry if one were looking to make a career change even if it is a little later in life??. That would be fantastic i think. Cheers.
Thank you Marc! What are your thoughts on Investors Business Daily if you use it?
I don't use it, so can't say anything intelligent! Thanks for watching, though!. - Marc
Ok thank you
Thank you, did Power Corp sell their Lion Electric ownership?
Hey Patrick. Lion merged with a SPAC last year (Northern Genesis Acquisition Corp), and is trading as LEV on the TSX and NYSE. Thanks for watching, Patrick, and thanks for your long-term support of our channel! Much appreciated. - Marc
So, we want growth, income, and stability. Got it. 🧐
Sounds like a good combination to me - Marc
Great company. However i calculated little bit this and that. Ill buy when its back on 20-25CAD. Keep going
I'm hoping it won't see that range again, but you never know! Thanks for watching. - Marc
POW is a fantastic investment company.
Agreed. - Marc
I bought POW when I learned they owned Wealthsimple.
Very well structured and diversified holding company / good stable dividend - but oddly enough - a sluggish growth record based on 5yrs - but good fundamentals.. low p/e - however, for better growth perspectives - I like the banks or another name to check out is - TMX GROUP - for better growth /
Your summary was excellent on Power corp - and there is nothing wrong to holding this name for dividend Income..😁 /
I do believe that this holding company - could eventually become a takeover target for one of our banks...
Thanks Marc. Excellent video on how to invest as a person approaches retirement. You talked on how it was important to have a “core” of stocks as part of the investment portfolio. Can you explain what “core” represents. For example is it blue chip stocks making up 75% of portfolio. Could the remaining 25 % be GICs. If you need some of the interest/dividends to supplement your retirement pension would you go 25% blue chips stocks and 75% GICs. Some say you should invest based on your age. If a person is 80 then the portfolio should be 20 % stocks and 80 % GICs. Love the video.
Not advice, but my goal is to continually add to roughly 10 eligible dividend paying companies to generate enough annual income to support the majority of my needs in retirement. When combined with my wife’s modest defined benefit pension plan we should be in good shape by the time we get there. I don’t bother with bonds because I’m confident my blue chip dividend payers will pay their dividend. If the share price happens to dip I don’t care as long as the dividends keep coming.
I trust your expertise/ judges with my eyes closed. haaha thank you for your explanation . I am extremely grateful for you sharing your knowledge :) great video as always
Great video on a solid company as a dividend holding....low POR, but x-date is today!....oh well, this may result in some downward price pressure and create an even better entry point.
Thanks, John. Cheers. - Marc
Looks like a fantastic choice.
I'm concerned why a lower debt / equity is causing them to issue so many shares
...and so much insider selling activities.
Marc, I'm a shareholder of POW, with an overall avg of $27.60 and I'm loving the dividends on a DRIP. You sort of touched on my main concern with them, which is that they rely on the "high fee model" such as IGM, and I think the trend will continue for more DIY investing, but to what extent is this a risk? Do you have any more colour on that?
Also, unless I missed it, you didn't comment on POW's discount to NAV - any reason for this?
Thanks!
Another top-notch bang-on comment from James! Both of the items you mention were running through my mind when I created this video. On the fee question, I do believe that the 'higher' fee model will persist for a long time, yes. As much as we'd like to think everyone is a DIY'er and that competition will drive those fees down (and it has to a large extent already), they aren't going anywhere soon, IMHO. And no, you didn't miss it, I didn't comment on the discount to NAV. I had a graphic or two to address that, but in the end didn't include them in the video. (Always a tradeoff of content and time, alas.) That said, POW has long been thought of under the 'sum-of-the-parts' model to be significantly undervalued to its NAV, and I agree it is. I do believe this discount will narrow as more investors become aware of, or comfortable with, this company. That can only be a good thing for investors. I always appreciate your insightful comments, James, and just have to ask where you get your knowledge from? Are you in the industry, or just a guy who really knows what your doing? I'm curious! Thanks. - Marc
@@beaviswealth Thanks for the compliment - I appreciate it. Much of my knowledge comes from your channel, and Parallel Wealth's, and the myownadvisor blog. Also, I recently took the Retirement Planning course towards the CFP, and plan to take the Estate Planning course next. I'm not sure where that will lead me.
I made several six figure investing mistakes from 2015 - 2019. Very, very painful mistakes. I lost both my parents in 2019 and received a modest inheritance and was determined to be a good steward of what they left me.
I started by building a base around the BTSX strategy. In April of 2020 I was convinced that it was the opportune time to go "all in" with my newly zeroed out line of credit and so far it has worked out well. I'm almost back to a respectable portfolio.
I'm hoping to get things where I can retire by 2028 (age 60).
Hi! Anyone watching this channel being non-resident in Canada?
I'm based in Finland and whenever I get a dividend from any Canadian companies (doesn't happen for US stocks) I own shares, it has a not-nice 25% retained tax although the tax treathy between Finland and Canada is for 15%. My bank is saying that the problem is with Canadian companies (doesn't happen for example with US dividends I receive) and that they don't check what is the country of the shareholder, they charge straight 25%. Is that something you are aware or other on this channel have heard about?
I spoke to Canada Revenue Agency and they said the company should send me an NR4 document but I never got one, evem though I own shares since 2020. Tried to call and write to BMO, no luck ... and it sucks because Finnish tax authority are crediting back only the 15% from tax treathy which means I would, in the end, have an extra 10% retained, not nice 😒
If anyone can give some advice, I would truly appreciate!
Love the videos... Does Passiv link with Wealthsimple ?? I
Thank you for this video. Taking a look at this company. Could you or Brandon look into and possibly give your opinion on an American Holding Company Boston Omaha Corporation ? Ticker-BOC It's Warren Buffets Great Nephews Company.
Hey! It would be great if you could make a video about covered call ETFs vs regular growth/dividend ETFs
Good suggestion, Jake. I'll add that to our list for a future video. Thanks so much for watching and taking the time to leave your comment. - Marc
Love your videos. My long term portfolio is all in XEI, i like that Ishares manages this etf for a low fee. I wanted your opinion about how safe this etf is. I know blackrock is the biggest asset management but is there a chance this etf goes under? For now I just reinvest the dividends and I believe there’s a Canadian dividend tax credit for my non registered account
When I watch your videos I say to myself, "This is what great advisors are like!" If you are looking for company ideas, I'd like to know what you think of TEK Resources! Thanks again!
Thanks a ton for your kind comment. I'll take TEK under review and hopefully will be able to give it some thought when I get to that sector! - Marc
Doesn't seem much like a growth stock considering it was worth more in 2007 than it is now.
I'm curious as to what metric you're looking at when you say it was worth more in 2007? Let me know! - Marc
@@beaviswealthJust going by stock share price Nov. 1 2007 it was worth just over $40 per share. It's currently $39. Granted it had nice growth in the years leading to that date in 2007.
Now that the federal government has decided (budget 2022) that the success of Canada's financial institutions is a wonderful reason to plunder them, I cannot see that they can be seen as safe investments for retired Canadians.
First
You're quick! 👍- Marc