The incompetence and corruption that runs through this administration are getting more ridiculous. I feel for people with disabilities not getting the help they deserve. Thank you June Renae Matthysse, imagine investing $1.5k and receiving $9k in 20 days
That woman transformed my entire life for the better. Among the folks I've met, June appears to be the most trustworthy. I'm surprised you know her as well
I’m 56 and retired last year. Yes, I retired at 55! I too am a bit compulsive about our net worth. But our net worth is increasing! Our dividend ETF’s are growing. We are departing on the Regal Princess in 10 days! Most days we are regular frugal people. But our success in retirement is very encouraging.
It is wonderful when money makes money. We did a net worth earlier in the year and will do so again in Dec. Doing so has given me the courage to fund some trips knowing I can afford to do so. Thanks for continuing sharing your stories. My wife and I donate to food banks and the Heiffer fund.
I'm happy for you!! We just finished our first 18 months of retirement. I was a bit apprehensive and so worried about money when we decided to retire but things have worked out. We've always been frugal. We spend on travel instead of stuff we do not need.
Good for you two! Business class is looking very appealing. I won’t do it on this next trip as I’m travelling with a friend who wants to be somewhat frugal. But soon, very soon!
@ThisIsOurRetirement I've been retired for over 4 years, and, finally, tomorrow is my wife's last day at work! We both will be retired! It means more and longer trips! And yes, eventually to Madeira! :) We are looking to extend our stay in Algarve, and we noticed that closer to the winter accommodation costs went up and choices are more limited. Summer is a better time for planning winter trips!
I so appreciate you two. I'm 58yo and starting to figure out the path ahead post-retirement (at 65 hopefully!) and just the simple act of you sharing your retirement journey is really helping me wrap my head around what's to come. It's only me. No kids and all my relatives are dead so although my savings aren't anything to brag about, I will be able to retire with some options. Thanks for everything and I will keep looking forward to each and every video release from you. Take care.
@@ThisIsOurRetirement It's hard to have a bad time in Hawaii. Maui is a fav & Kauai is sooo pretty. You'll feel like you died & went to heaven! We were able to take our 3 son's to Kauai & have such special memories. Enjoy!
Good for you donating to charity. I feel the same way - if you are fortunate, try to give to a favourite charity or two. Thanks for reminding me to take stock of our net worth. I feel more inclined to book another trip now! By the way, friends of ours returned from Malta, and I will be seeing them next week. Can't wait to hear about it.
Americans here, between the 2 of us, all in mutual funds, money markets, CDs. NO individual STOCKS. Surprise, surprise, we have more money each month now than while working. 😮 If we have known, we would have retired earlier. I do believe the stock market is over valued.
I don’t understand how you went on two cruises and flew business class yet only spent $25000. We just had 3 weeks in Italy staying in modest hotels, flew premium economy and spent over $20k.
Meanwhile congrats to me on my recent success, I’ll say that I’m favored and blessed beyond limit, our God is indeed a covenant keeping God, 2024 brought my household a miracle of $38,000 every month, God has been more faithful to us Now I can afford anything for me and my family
Congratulations guys! Good for you. So nice that your net worth went up even though you've been spending. Especially on those expensive airline tickets haha Thanks again!
Thanks Patty but you know those airline tickets were worth every penny especially as our flight was cancelled and we got to stay in a lounge longer in Toronto till our new flight ✈️🙂🍷
I think at age 65. I’m going to treat myself to first class and business trips from here on out. I have a bad back and the seat is a big plus when it can recline all the way.
We have had a 13% increase this year and are very pleased. We’ve made several big trips and lots of road trips to favorite places. We check our net worth monthly and have been amazed.
@ I talk about you two all the time when people can’t believe we sold our home, live in an apartment, and travel “all the time”. It is the best decision ever and you are our examples! Thanks again! 🩷
Wish that similar rental opportunities were (still) available now, as what you have secured: a manageable monthly rental with annual cap on increase (helpful for budget forecasting), and no threat of eviction - esp. important as one gets older. We would sell our place and put the freed-up equity into investments to generate income, but for us, renting would far exceed our monthly carrying costs (mortgage is paid off). Galapagos - yay!
I check every day, not retired. I do not freak out over a $10000 to $15000 dollar swing. As long as the average is slowly climbing each month. I suspect Amazon will give a dividends in 4 to 5 years. When my S&P or Dow gets High I full it out and move it to dividend stocks to keep the gains... Cant wait for Galopogas My wife and I dream of going their. Love you both.
Hello, we have been following your adventures for some time now. We really enjoy your travels as well as your financial strategies. Would you consider making an episode on how to get started with managing your own investments. We live comfortably in retirement and have benefited from investing through our bank. We would however be interested in managing our own investments.
Why did you not buy into a residential cruise line like Villa Vie Odyssey? Where you purchase a room for many years and have a monthly cost for everything else?
Personally speaking that is the last thing we would ever do , cannot imagine giving up everything and living in an inside cabin on a ship as many of them have done . The novelty of cruising can wear off really fast 🚢🙂
Great news on your net worth! We just spend on basic living expenses so our net worth has been growing since we retired 18 months ago because of good stock market and money market returns. Maybe we will catch the travel bug next year. Regarding checking on our net worth, I look at it occasionally because it's easy with Boldin software which is linked to all of our accounts. I like to live dangerously but it sure is convenient.
That is awesome! the travel bug can come and go when we first retired we wanted to go everywhere and did 😂Covid came and now we we are looking for different travel ideas Cheers 🍻🙂🍷
4 часа назад
I am amazed that you are able to get the UK pension. That’s great for you guys.
Hi Norm and Tina: Same story here. It’s like getting free vacations to Finland and Jamaica. Enjoy the ride. Let’s hope geopolitical events don’t ruin it. How do like investing with Questrade? What does it cost making trades? Sounds like a trip of a lifetime coming up. Please don’t eat the Guinea pigs. Cheers. P & H
@@ThisIsOurRetirement I have been looking at Galapagos with Exotica...but the one with Peru and Machu Pichu included. I haven't booked yet though. I look forward to hearing your review.
Target TGT, normally regarded as a good safe dividend stock just got smashed down 20%, could be a good value buy at the moment. Also, if you own 100 shares of any stock you can sell 1 call option against it to generate more income than just dividends, it’s not very difficult to do and, as long as you set the strike price higher than the current stock price, you will not lose compared to the current value of the stock. Apart from that, the best way to track financial health is not entire net worth. Just track liquid asset worth, cash, stocks, anything that can be converted immediately to cash. Track that position every month and chart it. It will reveal if your finances are trending up or down and inform to adjust spending habits accordingly. Many follow the 4% drawdown rule, but to be more conservative it should be aimed that liquid asset wealth trends up by at least inflation. This will ensure you never run out of money, but more crucially, never run out of value.
KHC has been in the penalty box for years, please take a look at the 10 year chart, and their payout ratio is over 100%. I am unsure if the dividend is safe.
@@Northern_Squirrel understood but there’s $2.5B in leveraged free cash flow this year which easily covers the dividend in the short-term. PEG ratio is .82, which is cheap and future P/E ratio next year is about 8. Very cheap stock. I think the turn around may take a bit longer than 1 year but earnings are expected to go up quite a bit next year. I know they cut the dividend in years past but don’t expect that will occur again soon. Think it’s a pretty good play at current price of $31.
You might want your stocks to D.R.I.P. which is Dividend Re Investment Program. Instead of paying you cash and you buying more stock you are paid in more stock. The price averaging is also a benefit being paid this way. Not all companies or brokers offer this but most do.
Congrats on your good returns. I am scared to look at mine (am guessing down by 20% as my oils have recently dropped, but my Royal Bank is up) (will just have to wait a while, that's all). And real estate is steady. Thank goodness the market did not crash like "experts" predicted this last 16 months; instead quite a few stocks did the opposite and went up! This year all expenses are much higher. Cheers to all.
@@ThisIsOurRetirement I’m reminded of an old story. Just prior to the Great Depression many people were making money in all kinds of investments. When the elevator operator started giving the investment guys stock tips they knew it was all about to come crashing down.
I was thinking and then surprised when they mentioned Warren Buffett. I'm watching him take Berkshire Hathaway from close to completely in stock to 55% cash/45% stock. He says the market is overpriced to where there's nothing to buy and too high to hold what you have. At a 28.1 P/E ratio I'd say Kraft Heinz is overpriced too even though Buffett is still holding. I've moved similarly to Warren Buffet. I expected a downturn and put off my yearly Roth conversions. I see my gain or losses at the click of a button and see I'm up 18.23% YTD even though I'm 44% in cash. I'm thinking to do a smaller Roth conversion this year, about $50,000 and more when stocks fall. I've learned to pay attention to that old adage, you don't make any money or lose any money until you sell. I worked at GE and I watched my GE stock go from $5.69 on 12/14/1984 to $263.48 on 8/4/2000 to $29.68 on 9/11/2020 to $178.70 today. I left the company in 2000, most of the stock I bought when it was well under $100 and there were good dividends along the way so I've done OK but, it's been a roller coaster. Fortunately I used GE as my large cap and invested mostly in small caps.
Unless Canada is different - any cash you have in a brokerage trading account, should be earning at least 4% interest. If you are not, maybe call the company and ask if there's a money market account you can use for cash.
It sounds like you have non-reg invested in GICs and you do have equities in your RRSP, as stated . Make sure you pay attention to your tax efficiency. Safe investments, fixed income, gics etc. Should be held in your RRSP. Cdn dividend, growth stocks in Non-reg and your TO THE MOON investments inside your TFSA. The easiest way to grow your money is taxation, not stock picking. Everything comes out of your RRSP as a taxable dollar, therefore it makes sense to have your least tax efficient investments in your RRSP/RIF. Otherwise, I like your thinking. It has been a good year. Average annual returns are normally much lower than we experienced this year. There is a reason the average is lower. Beware 😅
Please research GiveWise and make a video about it if you think it worthy. You contribute to this charity and gets an immediate tax receipt. Then in the future, you can designate which specific charities you want your contribution to go to. It’s great if you want a charitable receipt now to lower your taxes, but aren’t sure which charity to gift it to. I think the US has a similar plan.
The wind took the power out for the last 2 days! I fed FIVE gallons of gas to a generator ! Now wondering if the generator was a good investment!!! CHEERS from HERE!
Are you really basing your “retirement success” on total net worth? Not liquid net worth? Why, for example, would you take comfort from the amount of equity in your home?
Well done you two. 👍Keep going along as you're going. You're playing a blinder!!! I'm about to seek investment advice on an inheritance. Serious business. 😮Fingers crossed 🤞for a good income from it.🙏 Congratulations on your wise financial accomplishments!!! 👏🇨🇦🇨🇦😊😊 Galapagos eh? Brilliant stuff. Friend of mine went a few years back....still raves about it. Great to have something exciting to look forward to as well. 😊
Thank you so much. The responsibility of investing wisely is weighing heavily but it's also exciting too! Am sure it'll be grand. Stay safe and well both. 😊😊@@ThisIsOurRetirement
I think the uncertainty of the equity markets (especially at times like these) does add a margin of risk probability. It's perhaps always worth considering whether a datum plus or minus gives a net worth range. So, for example, net worth plus or minus 25%. The minus result being a margin of risk that you may consider as a realistic bottom line for when markets inevitably dip as at times they historically have done. And then see at what minus percentage the breaking point would be. This last 12 months has seen a lot of recovery and growth especially from the US so-called Magnificent 7. Driven substantially by the promise of the AI story. With talk now of there being some question over sustainability of growth forward at such a rate v value for some of these higher flyers. Having said that, we work all our lives so at a point in time, we need to have some enjoyment.
@@pensacola321 Short question that requires a very long answer - I'll summarise - geo-politics, wars, key administration changes, economic uncertainty, markets at the highs. Any one of these puts downward pressure on markets and combined adds a variable unpredictability.
I strongly suggest that you keep private about all these sources of your income. The government and crazy people are just looking for incentive reasons to remove from you your money. That being said congratulations and I do look forward to these videos Thank you.
It sounds like you are doing very well indeed. Maybe three cruises next year. I know how you feel. We live on about 1/3 of our base income. We live well, do whatever we want and don't scrimp. We save what we don't spend. My stock portfolio is up about 50% this year, but I have no desire to put any more money into the market. My real estate holdings are way up too. Overall we are up around 40%. I suppose that is OK, but we are at the age where we should be drawing our resources down. Our problem is that we don't have anything we want to spend money on.
This is something Todd so many of our viewers say , that we have all been saving for so many years now we are in a position to spend we freeze and don’t know what to spend on . We are trying to change that for us and others , we are about to do another video that will address just this hope it might help you too Cheers 🍻🙂🍷
@@ThisIsOurRetirement Yes, it is good to be positive, but also realistic. The average long term returns are much less than what has occurred this year.
2023-24 were really good investment returns. 2021-2022 were painful. Fortunately, all my COVID $ wasn't spent on a new car or gadgets. All into TSX tracked investments. Today those investments return are over 45%. I keep a simple happy life because I know the market can turn on a dime.
And how is this negative? Their kids are grown and can take care of themselves. If they will die with zero while living life to its fullest it is awesome! Unless you meant it as a compliment somehow :) 🎉
Not really we have worked hard in the past and now decide what we want to spend our money on , way too many flights crushed by the person next to us made that decision 🤔
![[DRAGON BALL LEGENDS REVEALS ＆ STUFF] LEGENDS FESTIVAL 2024 Special Edition Part 1](http://i.ytimg.com/vi/mV5bGIswTtQ/mqdefault.jpg)
The incompetence and corruption that runs through this administration are getting more ridiculous. I feel for people with disabilities not getting the help they deserve. Thank you June Renae Matthysse, imagine investing $1.5k and receiving $9k in 20 days
That woman transformed my entire life for the better. Among the folks I've met, June appears to be the most trustworthy. I'm surprised you know her as well
scam
I’m 56 and retired last year. Yes, I retired at 55! I too am a bit compulsive about our net worth. But our net worth is increasing! Our dividend ETF’s are growing. We are departing on the Regal Princess in 10 days! Most days we are regular frugal people. But our success in retirement is very encouraging.
Sounds great have a wonderful cruise 🚢 Cheers 🍷🚢🍻
It is wonderful when money makes money. We did a net worth earlier in the year and will do so again in Dec. Doing so has given me the courage to fund some trips knowing I can afford to do so. Thanks for continuing sharing your stories. My wife and I donate to food banks and the Heiffer fund.
Wonderful thanks for watching 🍻🙂🍷
I'm happy for you!! We just finished our first 18 months of retirement. I was a bit apprehensive and so worried about money when we decided to retire but things have worked out. We've always been frugal. We spend on travel instead of stuff we do not need.
I’m 46, been doing a net worth statement twice a year for almost 10 yrs now. I enjoy it, it’s like a financial report card
It’s wonderful isn’t it Cheers 🍻🙂
2 million and growing. Amen 🙏 Heading for the Mediterranean this summer ☀️.
Sounds awesome 👏
Good for you two! Business class is looking very appealing. I won’t do it on this next trip as I’m travelling with a friend who wants to be somewhat frugal. But soon, very soon!
We do hope you get to enjoy it one day Carol it is such a wonderful experience sure you can’t convince your friend 😂😂🍷
Let the friend enjoy their frugality in coach! You should travel business class if you can.
Up 18% is wonderful! Take some profit because "what goes up can come down".
Very true we just took some profit, so now those stocks are free Cheers 🙂🍻🥂
Thank you for your positivity. I find your energy uplifting. I appreciate your candour about your finances, to help others in planning.
Thanks for your candor -- the possibilities you describe are quite inspiring.
Thank you 🙂
Great to hear that your net worth is going up! It means more travel! 😊
Definitely! it’s a great feeling although finding looking at Funchal Madeira over Winter harder than we thought Cheers 🍻🙂🍷
@ThisIsOurRetirement I've been retired for over 4 years, and, finally, tomorrow is my wife's last day at work! We both will be retired! It means more and longer trips! And yes, eventually to Madeira! :) We are looking to extend our stay in Algarve, and we noticed that closer to the winter accommodation costs went up and choices are more limited. Summer is a better time for planning winter trips!
Congratulations 🥳🥂that’s wonderful that you will be both retired lots of options for your future Cheers 🇺🇸🍻🙂🍷🇨🇦
I so appreciate you two. I'm 58yo and starting to figure out the path ahead post-retirement (at 65 hopefully!) and just the simple act of you sharing your retirement journey is really helping me wrap my head around what's to come. It's only me. No kids and all my relatives are dead so although my savings aren't anything to brag about, I will be able to retire with some options. Thanks for everything and I will keep looking forward to each and every video release from you. Take care.
Thanks for watching we wish you well Cheers 🍻🙂
Are you taking applications for adoptees?
Not at the moment 🇺🇸😂🇨🇦
My charity is going to my kids and grandchildren . Unforgently not a tax write off.
the wonder of compound interest
Absolutely 🙂
You two are great - love your channel- thank you for sharing!😊
Our pleasure! thanks for watching Robin 🍷🙂🍻
Glad to hear you are doing so well. I can't wait to hear the future plans for travel, specially the upcoming winter.
Working on that ! we do have a cruise to Hawaii already booked in January a place we have always wanted to visit 🍻🚢🍷
@@ThisIsOurRetirement It's hard to have a bad time in Hawaii. Maui is a fav & Kauai is sooo pretty. You'll feel like you died & went to heaven! We were able to take our 3 son's to Kauai & have such special memories. Enjoy!
Good for you donating to charity. I feel the same way - if you are fortunate, try to give to a favourite charity or two. Thanks for reminding me to take stock of our net worth. I feel more inclined to book another trip now! By the way, friends of ours returned from Malta, and I will be seeing them next week. Can't wait to hear about it.
Malta keeps coming up as a place we should visit it is on the list would like to know how your friends got on Jo 🍷🙂
Great to see you are doing good! Always a treat to watch your videos and learn. Looking to retire in few years too. All the best!
Thanks for watching we appreciate it Cheers 🍷🙂🍻
Americans here, between the 2 of us, all in mutual funds, money markets, CDs. NO individual STOCKS.
Surprise, surprise, we have more money each month now than while working. 😮
If we have known, we would have retired earlier.
I do believe the stock market is over valued.
That is wonderful to hear we are very happy for you , that is how we feel too Cheers 🇺🇸🍻🇨🇦
Cheers for you all! Thanks for sharing all the tips and info re: retirement!
You'll love the Amazon and Galapagos. I was there in 2015 and it remains one of my favorite trips.
That’s great to hear our friends loved it said it was one of the best trips they have done 🙂🍷👍
I don’t understand how you went on two cruises and flew business class yet only spent $25000. We just had 3 weeks in Italy staying in modest hotels, flew premium economy and spent over $20k.
I bet that was a whole lot of expenses right 😅
Meanwhile congrats to me on my recent success, I’ll say that I’m favored and blessed beyond limit, our God is indeed a covenant keeping God, 2024 brought my household a miracle of $38,000 every month, God has been more faithful to us Now I can afford anything for me and my family
Oh really? Tell me more about this ?
This is what Melissa Jonas Richard does, she has changed my life.
After raising up to 38k trading with her, I bought a new house and car here in the US and also paid for my son’s (Oscar) surgery. Glory to God.shalom.
Deft use of "shocked". Bravo!
Congratulations guys! Good for you. So nice that your net worth went up even though you've been spending. Especially on those expensive airline tickets haha Thanks again!
Thanks Patty but you know those airline tickets were worth every penny especially as our flight was cancelled and we got to stay in a lounge longer in Toronto till our new flight ✈️🙂🍷
I think at age 65. I’m going to treat myself to first class and business trips from here on out. I have a bad back and the seat is a big plus when it can recline all the way.
We have had a 13% increase this year and are very pleased. We’ve made several big trips and lots of road trips to favorite places. We check our net worth monthly and have been amazed.
Great to hear! isnt it a wonderful feeling Patsy Cheers 🍷🙂
@ I talk about you two all the time when people can’t believe we sold our home, live in an apartment, and travel “all the time”. It is the best decision ever and you are our examples! Thanks again! 🩷
Thank you for sharing your information. I have been watching your videos for years and have been so inspired by you both.
Wish that similar rental opportunities were (still) available now, as what you have secured: a manageable monthly rental with annual cap on increase (helpful for budget forecasting), and no threat of eviction - esp. important as one gets older. We would sell our place and put the freed-up equity into investments to generate income, but for us, renting would far exceed our monthly carrying costs (mortgage is paid off). Galapagos - yay!
There are still many rentals with rent control in Canada 🇨🇦, we too had a morgage free home before yes excited about our trip🙂🍷
We’re having a great year too. Was concerned about Canadians based on news reports
We are doing just fine thank you 🙂🍷🇨🇦🍻
Great job guys❤ so inspiring ❤❤❤
I check every day, not retired. I do not freak out over a $10000 to $15000 dollar swing. As long as the average is slowly climbing each month. I suspect Amazon will give a dividends in 4 to 5 years. When my S&P or Dow gets High I full it out and move it to dividend stocks to keep the gains... Cant wait for Galopogas My wife and I dream of going their. Love you both.
Sound great thanks for watching Cheers 🍻🙂🍷
Hello, we have been following your adventures for some time now. We really enjoy your travels as well as your financial strategies. Would you consider making an episode on how to get started with managing your own investments. We live comfortably in retirement and have benefited from investing through our bank. We would however be interested in managing our own investments.
We have done videos in the past talking about this but maybe we will do another Cheers 🍻🙂
Why did you not buy into a residential cruise line like Villa Vie Odyssey? Where you purchase a room for many years and have a monthly cost for everything else?
Personally speaking that is the last thing we would ever do , cannot imagine giving up everything and living in an inside cabin on a ship as many of them have done . The novelty of cruising can wear off really fast 🚢🙂
Great news on your net worth! We just spend on basic living expenses so our net worth has been growing since we retired 18 months ago because of good stock market and money market returns. Maybe we will catch the travel bug next year. Regarding checking on our net worth, I look at it occasionally because it's easy with Boldin software which is linked to all of our accounts. I like to live dangerously but it sure is convenient.
That is awesome! the travel bug can come and go when we first retired we wanted to go everywhere and did 😂Covid came and now we we are looking for different travel ideas Cheers 🍻🙂🍷
I am amazed that you are able to get the UK pension. That’s great for you guys.
Love your scarf!
Thank you 🌺🙂
I’ve been wanting to go to the Galapagos. Do you mid sharing which company you’re going with and how long? Thanks!
It’s with Exotica Canada 🇨🇦 11-12 days 🙂
love your shirt norman,great wee country
Hi Norm and Tina: Same story here. It’s like getting free vacations to Finland and Jamaica. Enjoy the ride. Let’s hope geopolitical events don’t ruin it. How do like investing with Questrade? What does it cost making trades? Sounds like a trip of a lifetime coming up. Please don’t eat the Guinea pigs. Cheers. P & H
Isn’t it wonderful Paul trips are so much better when they are free 😂🍷🍻Norm is very happy with Questrade Cheers 🍻🙂
Which platform are you using for your dividend investments? Awesome job on your returns!!
Great video. Keep up the great job and congratulations on your returns. Can you let me know who you are booking your Galapagos trip with. Thanks 🇨🇦
Thank you it is with Exotica Canada 🇨🇦 can’t wait ! Karen Cheers 🍷🙂
@@ThisIsOurRetirement I have been looking at Galapagos with Exotica...but the one with Peru and Machu Pichu included. I haven't booked yet though. I look forward to hearing your review.
They have some amazing trips it’s a while till we go , the reviews on their trips seem awesome we wish you well with yours sounds interesting 🍷🙂🍻
Life is short Tina and Norm, enjoy your trips. Just curios, why wouldn’t you consider dividend etf (SCHD, VYM) vs high yielding stocks in your RRSP?
I’ve been to Peru and Ecuador loved it especially Cuzco and Machu Picchu and yes I ate the Guinea pig 😂
Hi Tina and Norm! We can hardly wait to travel and be free birds like you two! Do you earn a decent income from your RUclips channel?
Target TGT, normally regarded as a good safe dividend stock just got smashed down 20%, could be a good value buy at the moment. Also, if you own 100 shares of any stock you can sell 1 call option against it to generate more income than just dividends, it’s not very difficult to do and, as long as you set the strike price higher than the current stock price, you will not lose compared to the current value of the stock. Apart from that, the best way to track financial health is not entire net worth. Just track liquid asset worth, cash, stocks, anything that can be converted immediately to cash. Track that position every month and chart it. It will reveal if your finances are trending up or down and inform to adjust spending habits accordingly. Many follow the 4% drawdown rule, but to be more conservative it should be aimed that liquid asset wealth trends up by at least inflation. This will ensure you never run out of money, but more crucially, never run out of value.
We have a rate of return of 22.8%, wow 👍 doing 2 cruises in 2025, looking forward to it.
Awesome 👏🚢
Congratulations you are doing great, with is the capital gains tax on shares in Canada.
I like your call on Kraft Heinz. They’re currently down and will take 1-2 hears to turn around but think it’s paying a 4+% dividend.
Cheers 🇺🇸🍻🇨🇦
KHC has been in the penalty box for years, please take a look at the 10 year chart, and their payout ratio is over 100%. I am unsure if the dividend is safe.
@@Northern_Squirrel understood but there’s $2.5B in leveraged free cash flow this year which easily covers the dividend in the short-term. PEG ratio is .82, which is cheap and future P/E ratio next year is about 8. Very cheap stock. I think the turn around may take a bit longer than 1 year but earnings are expected to go up quite a bit next year. I know they cut the dividend in years past but don’t expect that will occur again soon. Think it’s a pretty good play at current price of $31.
Love your Scotland top Norm! X
You might want your stocks to D.R.I.P. which is Dividend Re Investment Program. Instead of paying you cash and you buying more stock you are paid in more stock. The price averaging is also a benefit being paid this way. Not all companies or brokers offer this but most do.
Thanks for the tip 🍻🙂
Do you guys do your investing through the major banks or other investment companies like Questrade?
Congrats on your good returns. I am scared to look at mine (am guessing down by 20% as my oils have recently dropped, but my Royal Bank is up) (will just have to wait a while, that's all). And real estate is steady.
Thank goodness the market did not crash like "experts" predicted this last 16 months; instead quite a few stocks did the opposite and went up! This year all expenses are much higher. Cheers to all.
This is the kind of thing you hear when there is about to be a crash.
Les hope not 🤔
@@ThisIsOurRetirement I’m reminded of an old story. Just prior to the Great Depression many people were making money in all kinds of investments. When the elevator operator started giving the investment guys stock tips they knew it was all about to come crashing down.
I was thinking and then surprised when they mentioned Warren Buffett. I'm watching him take Berkshire Hathaway from close to completely in stock to 55% cash/45% stock. He says the market is overpriced to where there's nothing to buy and too high to hold what you have. At a 28.1 P/E ratio I'd say Kraft Heinz is overpriced too even though Buffett is still holding.
I've moved similarly to Warren Buffet. I expected a downturn and put off my yearly Roth conversions. I see my gain or losses at the click of a button and see I'm up 18.23% YTD even though I'm 44% in cash. I'm thinking to do a smaller Roth conversion this year, about $50,000 and more when stocks fall. I've learned to pay attention to that old adage, you don't make any money or lose any money until you sell. I worked at GE and I watched my GE stock go from $5.69 on 12/14/1984 to $263.48 on 8/4/2000 to $29.68 on 9/11/2020 to $178.70 today. I left the company in 2000, most of the stock I bought when it was well under $100 and there were good dividends along the way so I've done OK but, it's been a roller coaster. Fortunately I used GE as my large cap and invested mostly in small caps.
We have our dividends reinvested.
Unless Canada is different - any cash you have in a brokerage trading account, should be earning at least 4% interest. If you are not, maybe call the company and ask if there's a money market account you can use for cash.
Thank you 🍻🙂
I am 67 and have not taken cpp and oas
Very wise!
It sounds like you have non-reg invested in GICs and you do have equities in your RRSP, as stated .
Make sure you pay attention to your tax efficiency. Safe investments, fixed income, gics etc. Should be held in your RRSP. Cdn dividend, growth stocks in Non-reg and your TO THE MOON investments inside your TFSA. The easiest way to grow your money is taxation, not stock picking.
Everything comes out of your RRSP as a taxable dollar, therefore it makes sense to have your least tax efficient investments in your RRSP/RIF.
Otherwise, I like your thinking. It has been a good year. Average annual returns are normally much lower than we experienced this year. There is a reason the average is lower. Beware 😅
Shopify head quartered in Canada is one of the best e commerce companies in the world!!
The recent Forbes best employers survey ranked them at number 56
Yes we are aware of them 🍻🙂
We manage the goose (net worth) and the golden eggs (our spending).
That’s great we do too 🍷🙂🍻
It’s a beautiful thing when those golden eggs just keep coming. It makes you realize how fortunate we all are.
Please research GiveWise and make a video about it if you think it worthy.
You contribute to this charity and gets an immediate tax receipt. Then in the future, you can designate which specific charities you want your contribution to go to. It’s great if you want a charitable receipt now to lower your taxes, but aren’t sure which charity to gift it to. I think the US has a similar plan.
Thanks for sharing we will take a look at them Cheers 🍷🙂🍻
The wind took the power out for the last 2 days! I fed FIVE gallons of gas to a generator ! Now wondering if the generator was a good investment!!! CHEERS from HERE!
So sorry to hear that Darryl absolutely it was a great investment hope things are getting better Cheers 🍻🙂
living the guys enjoy
Thanks 👍
Are you really basing your “retirement success” on total net worth? Not liquid net worth? Why, for example, would you take comfort from the amount of equity in your home?
They rent
Well done you two. 👍Keep going along as you're going. You're playing a blinder!!! I'm about to seek investment advice on an inheritance. Serious business. 😮Fingers crossed 🤞for a good income from it.🙏 Congratulations on your wise financial accomplishments!!! 👏🇨🇦🇨🇦😊😊 Galapagos eh? Brilliant stuff. Friend of mine went a few years back....still raves about it. Great to have something exciting to look forward to as well. 😊
Thanks for watching and that’s great you have received an inheritance 💰we hope it goes well for you Cheers 🇮🇪🍻🇨🇦
Thank you so much. The responsibility of investing wisely is weighing heavily but it's also exciting too! Am sure it'll be grand. Stay safe and well both. 😊😊@@ThisIsOurRetirement
Look at it that it is an unexpected bonus anything you get is wonderful enjoy 🙂
Guinea pig is excellent!
Thanks for sharing 🙂
Try the guinea pig. I ask for no head (the waiter laughed), it was good.
Sorry Gary just can’t get our head around this one 🍻😂🍷
The last 9 years have been some of the best all time so please be careful! Statistically, this is very out of the ordinary so adjust accordingly.
I think the uncertainty of the equity markets (especially at times like these) does add a margin of risk probability. It's perhaps always worth considering whether a datum plus or minus gives a net worth range. So, for example, net worth plus or minus 25%. The minus result being a margin of risk that you may consider as a realistic bottom line for when markets inevitably dip as at times they historically have done. And then see at what minus percentage the breaking point would be. This last 12 months has seen a lot of recovery and growth especially from the US so-called Magnificent 7. Driven substantially by the promise of the AI story. With talk now of there being some question over sustainability of growth forward at such a rate v value for some of these higher flyers. Having said that, we work all our lives so at a point in time, we need to have some enjoyment.
What are "times like these"? Please enlighten us.
@@pensacola321 Short question that requires a very long answer - I'll summarise - geo-politics, wars, key administration changes, economic uncertainty, markets at the highs. Any one of these puts downward pressure on markets and combined adds a variable unpredictability.
Thanks for watching and sharing 🙂
I strongly suggest that you keep private about all these sources of your income. The government and crazy people are just looking for incentive reasons to remove from you your money. That being said congratulations and I do look forward to these videos Thank you.
It’s all declared on our taxes Patrick as we get slips from everywhere Cheers and glad you enjoy our videos 🍻🙂
Just wondering - if your investments have a down year do you do less traveling? Newly retired been thinking about this.
We set ourselves a travel fund to cover this which we would pull from if that happened Cheers 🍻🙂
You guys are awesome keep up the good work. Thanks for all the helpful pointers.
Our pleasure!Thanks for watching 🍷🙂🍻
It sounds like you are doing very well indeed. Maybe three cruises next year. I know how you feel. We live on about 1/3 of our base income. We live well, do whatever we want and don't scrimp. We save what we don't spend. My stock portfolio is up about 50% this year, but I have no desire to put any more money into the market. My real estate holdings are way up too. Overall we are up around 40%. I suppose that is OK, but we are at the age where we should be drawing our resources down. Our problem is that we don't have anything we want to spend money on.
It is great if you want to "Die Rich"...
This is something Todd so many of our viewers say , that we have all been saving for so many years now we are in a position to spend we freeze and don’t know what to spend on . We are trying to change that for us and others , we are about to do another video that will address just this hope it might help you too Cheers 🍻🙂🍷
It’s a problem what many retirees face 🤔
That’s my problem. Also, now that it’s time to spend I don’t know what to spend it on. Looking forward to that video.
@@ThisIsOurRetirement I look forward to hearing your take on this problem.
What % of your portfolio is in stocks/ bonds/ cash?
Remember, sometimes stocks go down.
Yes they can we are mixed % in all those areas 🇺🇸🙂🇨🇦
Good for you, but don't count on achieving gains such as those in 2024 on a regular basis.
We always try to look on the bright side of life Harvey Cheers 🍻🙂
@@ThisIsOurRetirement Yes, it is good to be positive, but also realistic. The average long term returns are much less than what has occurred this year.
2023-24 were really good investment returns. 2021-2022 were painful. Fortunately, all my COVID $ wasn't spent on a new car or gadgets. All into TSX tracked investments. Today those investments return are over 45%. I keep a simple happy life because I know the market can turn on a dime.
To help us learn to better invest, how about letting us know of some of your not-so-successful financial ventures, both recent and past?
We have done videos in the past on how we have lost money 💰 on houses that we had to sell particularly when we sold and came to Canada. 🙂
@ Thanks.
Anyone in the market has done well this year.
Why dump on the carbon tax refund? It pays for a year’s worth of gas for me.
Your lucky most of Canada does not get a refund. We in BC and a bunch of other provinces dont get a refund.
We actually said it was great to get , very useful 🙂
🙏
Thanks for watching 🍻🙂🍷
I hear Guinea Pig nuggets are great with Kraft-Heinz Ketchup
As always too funny Mark 😂🍻😂
This has been an anomalous year for the market! I've lived through 4 crashes.
Thanks for watching Jacquie 🍷🙂
Glad you’re having fun on your cruises, but you’re gonna end up dying with zero like the book says lol🎉🌷💖
We don’t spend the amount of money that our money 💰 is making but also having great memories Maria 🍷🙂
And how is this negative? Their kids are grown and can take care of themselves. If they will die with zero while living life to its fullest it is awesome! Unless you meant it as a compliment somehow :) 🎉
It's not about net worth it's about expenses.
Expenses in comparison to income or savings?
You have to balance the two , you can’t go crazy on spending if you don’t have the income 🍻🙂🍷
@@ThisIsOurRetirementthe trick to being a millionaire is to not spend like one!
Hi. Wonderful content. Thanks. What platform do you use to invest?
Wrong. It’s about income.
You had a Trump bump! 😊
GP taste like chicken
Interesting 🤔
Pretty smug about it. Most can barely afford economy never mind business class.
Not really we have worked hard in the past and now decide what we want to spend our money on , way too many flights crushed by the person next to us made that decision 🤔
Fly business class if you can. If you don't, your kids will!
Don’t be jealous, make your own way and spend your money how you want.
Better get out before Trump takes office and everything goes to crap
Fake news…..the mess has been done by Biden
The sky is falling, THE SKY IS FALLING! Lol
@@rtoadontheroad🤡🤡
We live in Canada 🇨🇦🙂
That’s the funniest thing I’ve heard in a while.
Brag much ?
What etfs do you buy for retirement