ETF Index Fund Investing w/ Wealthsimple (1-MONTH HONEST REVIEW)

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  • Опубликовано: 21 ноя 2024

Комментарии • 109

  • @uplivedlivingsolutions9360
    @uplivedlivingsolutions9360 Месяц назад +11

    This is for your RRSP portfolio, would you choose the same ETFs for your TFSA?

  • @slabsetters
    @slabsetters Месяц назад +16

    You just can't go wrong with passive investing by investing in sector and index etfs. So much less stress and reduced risk to single stock events.

  • @derekcox6531
    @derekcox6531 Месяц назад +28

    Stopped picking stocks awhile ago and started selling and moving the cash into index etfs. I’ll never go back to stock picking.

    • @fjohn8985
      @fjohn8985 Месяц назад

      A guy posted on the Personal Finance Canada Reddit after he found out through analytics that in the span of 10 years of investing, if he had simply bought a S&P500 ETF in 2014 instead of individual stocks, he would have had 20% more in ROI than he currently has.

    • @steevengingras4087
      @steevengingras4087 Месяц назад +1

      Which ETFs have you picked? So many out there😂

  • @StocksNSquats
    @StocksNSquats Месяц назад +15

    I’d like to bring back the stock battles videos between you and Marc. This could help scratch the itch of doing individual company research since you are not doing it in your own account anymore.

  • @CanadianTShirt
    @CanadianTShirt Месяц назад +11

    Great video buddy and welcome back! 🙌 My portfolio is roughly half ETFs and half in individual stocks but it's so helpful to see your transition. Thanks man for documenting your journey! 😁

  • @PATRIOT-Canada
    @PATRIOT-Canada Месяц назад +6

    Same. My entire stock portfolio is all ETF’s. I also stack physical Gold/Silver

  • @francisnaval
    @francisnaval Месяц назад +1

    You mentioned that this is your RRSP. Have you done the same with your TFSA?

  • @karlosm2730
    @karlosm2730 Месяц назад +3

    The only single stocks I still have, are my Railroad Stocks. Might keep them forever. Everything else is in ZETQ. So much easier.

  • @davidjr1365
    @davidjr1365 Месяц назад +2

    When i first started I was absolutely obsessed with returns and would regularly check my account. Went full auto investing into mainly ETFs and I literally don't pay attention to markets at all anymore.

  • @stockscompound
    @stockscompound Месяц назад +3

    ETFs are so much less stressful

  • @henrymitchell9717
    @henrymitchell9717 Месяц назад +9

    Watching in my 40s... And only just starting I feel so behind!

    • @larrydimon7811
      @larrydimon7811 Месяц назад +8

      Gotta start somewhere

    • @StopSleepwalkingThroughLife
      @StopSleepwalkingThroughLife Месяц назад +3

      46 just started a year ago . Better than starting next year man . Just stick to it . Some is better than none imo

  • @kingjop9096
    @kingjop9096 Месяц назад +4

    is overlapping bad?

  • @seanmasep1323
    @seanmasep1323 18 дней назад

    Great video, I just got a question about investing in TFSA cause I want to buy some NVidia thru TFSA account say 5 share then 2 share per month. I got VFV vdy zqq xei as well for several years already. Thank you... More power... Beavis Wealth

  • @akafoxmd
    @akafoxmd Месяц назад +1

    Man, that’s so good that you could relax, this is exactly what we all missing in this fast paced world

  • @laineym2237
    @laineym2237 Месяц назад +1

    Question! Where in Asia do you recommend for travelling to from Canada that you consider more affordable than Europe? Questioning for future trips!

  • @MegaRaja54321
    @MegaRaja54321 Месяц назад +1

    Ive made the exact same change and have been feeling the same way. I did this about a year ago and it feels like a life cheat code! Not having to think about it and it just happens on its own

  • @markj4306
    @markj4306 Месяц назад +1

    Did you get rid of your Tencent and Alibaba?

  • @1xxicecatxx1
    @1xxicecatxx1 25 дней назад

    Is this your tfsa or rrsp ? Whats your tfsa looking like ?

  • @brucewiebe6490
    @brucewiebe6490 Месяц назад +4

    I am well into my retirement years and am using the KISS principle more and more. I am transitioning from individual stocks into ETFs although in my non-registered account I have capital gains positions and don’t want to trigger the tax hit by selling. These are Cdn dividend payers so am reinvesting the dividends in CC ETFs to enhance my income down the road. RRIFs are mainly now in CC ETFs with 10% or greater payouts to fund withdrawals. The TFSA is mainly ETFs investing in the US and global markets and are invested for growth, not income.
    Finding that the ETF focus leaves me a little less worried when the markets drop vs individual stock tanking and if the day comes that I’m gone and my wife is left she will be able to cope with what I have left her.

    • @pwatom22
      @pwatom22 Месяц назад

      Some of the CC ETFs pretty poor at maintaining your principal.

    • @brucewiebe6490
      @brucewiebe6490 Месяц назад

      @@pwatom22 I guess time will tell. Many new ones out right now. Seems to be the flavour of the month. They profess not to be returning your principle in the distributions and ROC is more of an accounting application. I agree the very nature of Covered calls will not match the market over time but so far I’m doing ok and at my stage of life the monthly distribution is what I’m after. If my principle stays steady or slight growth over time I’m good.

    • @isaiah_b_3798
      @isaiah_b_3798 Месяц назад

      ​@@pwatom22yup they have to be actively managed to limit downsides.

  • @ramican9155
    @ramican9155 Месяц назад

    Now you would have to pay ETF fees, right?? Thank you for sharing this video.

  • @MoneyWithKazeem
    @MoneyWithKazeem Месяц назад +1

    Welcome to my world Brandon!

  • @DL-Canada
    @DL-Canada Месяц назад

    Thanks for the video first of all. I'm also going to transfer my existing investments (fairly large sum) to wealthsimple. I'm having a dilemma on whether to buy into the ETFs (thinking of VFV/VOO and one of two others) as a lump sum, or buy into it on a recurring basis. My fear is if I buy a large sump at a high price I might be waiting for a long time to recover if the share price starts to fall. Hope my question makes sense. Any advise or suggestions here would be appreciated. Thank you!

    • @chadpenton2071
      @chadpenton2071 18 дней назад

      This is the definition of trying to time the markets. It's a no win scenario. There are many studies showing that lump sum buying has been more productive than DCA

  • @Makgath
    @Makgath Месяц назад

    Do you have any thoughts on some Dividend ETF for Industry/Materials? I quite enjoyed the Harvest talk and curious if you had more ideas

  • @Tykoon
    @Tykoon 19 дней назад

    WealthSimple does not offer dual-listed stocks. That’s a major limitation. Moomoo is gaining traction in Canada.

  • @sunnybizz4857
    @sunnybizz4857 Месяц назад +1

    Which ETF sectors are good for someone 66, retired, melting down RRSP'S into unregistered funds, hopefully returning 2-3% obove inflation?

    • @bailey-k6b
      @bailey-k6b Месяц назад

      Maybe an 80/20 like XGRO?

  • @FFTrader
    @FFTrader Месяц назад

    Not sure if you have done videos about the type of ETFs which are good for passive income and retirement. REIT comes to mind but love to hear more about REIT or anything similar with passive income.

  • @BigShawnda
    @BigShawnda Месяц назад

    I'd love a video explaining why you have gone with low yield ETF's in VOO and ZETF rather than an ETF with a greater yield? I can only assume it's due to the growing nature in unit price(and therefore dividend)?

  • @howardbetts9133
    @howardbetts9133 Месяц назад +1

    Ha! "Paris is a dump." Yes it is, along with most major cities in the world. My only issue with ETFs is that there are certain companies I 100% do NOT want to support, but with an ETF, you can't pick and choose. Definitly something on which to ponder however... Thanks for the video.

  • @RonMcinnes
    @RonMcinnes Месяц назад

    I’m thinking of adding hxq or tec to my tfsa. Are these suitable investments for my tfsa?

  • @nguyenphuongchang3925
    @nguyenphuongchang3925 Месяц назад

    Can you please have a video about Testamentary Trusts and the fee comparison charges by different companies. Thanks

  • @KH-lt9gl
    @KH-lt9gl Месяц назад +6

    As a Canadian, is there a reason why you chose to go with VOO instead VFV? Did you already have US dollars to begin with?

    • @jasonk0331
      @jasonk0331 Месяц назад

      I was wondering that too. Im bearish on USD so im hesitant to buy long term stocks with USD

    • @seolfor4797
      @seolfor4797 Месяц назад +2

      I go VFV as well - less hassle with exchange rates

    • @ding0389
      @ding0389 Месяц назад

      Check how his video he made about a month back.

    • @austinbeckford
      @austinbeckford Месяц назад +5

      I believe he holds VOO in his RRSP as there is exemption from the 15% U.S. withholding tax on dividends with USD inside the RRSP

    • @lucafigueiredo6005
      @lucafigueiredo6005 Месяц назад

      Has to do with taxes

  • @chrisspurrell1534
    @chrisspurrell1534 Месяц назад

    ETF's here from Ontario.. switch CDN to USD and buy SPY, VGT and VOOG..

  • @reptilianskin
    @reptilianskin Месяц назад

    I have trimmed down my individual stock holdings to a few core positions. And I have reallocated a significant portion to ETFs. I tend to hold dividend ETFs, but have held passive S&P 500 ETFs in the past and expect to continue to do so in the future.

  • @blackrose1961000
    @blackrose1961000 Месяц назад +3

    Videos about investment for your kids

  • @gijo1609
    @gijo1609 Месяц назад

    I have only been to Italy twice, before, but 1 month each time.
    I was surprised that you thought their menus are not to diversified. I would think it is a country with probably the most diversified menus worldwide. Even the food at gas stations was better than many restaurants here.

  • @dragonsmom4085
    @dragonsmom4085 Месяц назад

    Yessss. Content on Investing for kids please...

  • @KnobCRICK
    @KnobCRICK Месяц назад +1

    My focus changed to primarily ETF's - mostly under the harvest offerings. Besides those I hold a few companies, for various reasons. Harvest recently came out with some new offerings under their covered call ETF's like Nvidia, Amazon and others. Besides this of course I hold real estate and precious metals. The best part as you said, the lack of day to day management. I bag roughly 7k a month in dividend income, and I redeploy some of those funds each month in more ETFs. For me it works quite well, the precious metals also "scratch the itch" in terms of growing a collection of high valued physical assets which slowly appreciate. Cheers!

  • @philippe8742
    @philippe8742 Месяц назад +2

    Honestly as long as we get the biweekly news, I am not going anywhere and will stay watching the channel. Mark rocks ❤

  • @sridharv3903
    @sridharv3903 Месяц назад

    Good to hear your practical experience and for sharing this change. Some people feel fearful about sharing tui change due to a negative feeling that one is not able to manage or research stocks. I have been a stocks guy researching companies and using mix of approaches say growth, value, etc. But in my case I did dabble small amounts in dividend funds, index funds, etc. Overtime I realized the incremental benefit of doing stock research, following result, news, etc is tedious. People say invest long term but markets can be fickle, management can change strategies and so on. So having that control by investing in passive index would be of great help to generate decent returns with low to moderate efforts.

  • @itamarfilho393
    @itamarfilho393 Месяц назад

    Could you record a video on how to have a safe FHSA on Wealthsimple? Like, buying bonds, or low risk ETFs to ensure that the money has grown in a short period of time to make a down payment on a house. My concern when investing in a FHSA on Wealthsimple would be losing money in the short-term that would be used in 5 years to buy a house

  • @MountainFinance
    @MountainFinance Месяц назад

    I am glad you are liking the new investing format ;-)

  • @nightvampire1
    @nightvampire1 Месяц назад

    I understand the S&P 500 is kind of the bar many people look at, but what do you think of a Nasdaq ETF investment.

  • @andvfx
    @andvfx Месяц назад +2

    Paris sucks! Next time go to barcelona! I have been contributing more and more to etfs for the last year. With an automatic weekly contribution. Still holding individual positions, but I hope to be in 50% etfs in the next year.

    • @33svetlana
      @33svetlana Месяц назад +2

      I like Paris more . Barcelona 😏👎

  • @MatthiasAI
    @MatthiasAI Месяц назад

    when i first got into investing i knew from research ETF investing would be better but i did individual stocks for awhile just for the sake of learning the system. Once i got comfortable with how everything works i now push all my ETF investments and also invest in only individual stocks im interested/want for dividends mostly. Although the dividends part of my investments is really small compared to ETF focused accounts

  • @johnnyelhossary7811
    @johnnyelhossary7811 Месяц назад +1

    How much BMO paid you to change your strategy and diversify through their ETFs?

  • @Carol8693
    @Carol8693 Месяц назад

    I enjoyed and i hope to see you in the next video ✅Nice to see you back ☀️ 🥂😃

  • @pwatom22
    @pwatom22 Месяц назад

    Dollar cost average Index investing is the accepted best option at your age. However, given the markets are overvalued, older folks are looking for more principal protection and with an income stream.

  • @evadeanu1
    @evadeanu1 Месяц назад

    I only have a few stocks currently. I locked in some gains and put the money in ETFs. Love it! I’m happy you had the chance to experience a tiny bit of Europe. Stay well Brandon.

  • @tivertontom
    @tivertontom Месяц назад

    however!: .... you are losing out dividends which are taxed lower than income. ... IN fact approx zero! ... or even negative! ... if you are in lowest tax bracket

  • @tommyngongo8024
    @tommyngongo8024 Месяц назад

    Not glad Covid happened but glad it gave us an opportunity to meet someone like you💯🙏🏾

  • @RouRoro
    @RouRoro Месяц назад

    Would like to see Marc’s perspective of Bitcoin

  • @evadeanu1
    @evadeanu1 Месяц назад

    Plain and simple. Love it!

  • @roberttaylor3594
    @roberttaylor3594 Месяц назад

    I think I will add ZEQT to my 'next' list...good total returns vs my other 'fund of funds' ETFs, just balanced away from distributions.

  • @KarenJ-s8d
    @KarenJ-s8d Месяц назад +1

    More videos about investing in your children. Thank you.

  • @sunandanarayanan7016
    @sunandanarayanan7016 Месяц назад

    Can you do a video on best etf ‘s for both young and seniors please and your videos are so informative

  • @pearce146
    @pearce146 Месяц назад

    Funny thing is I just did the opposite, going full into stocks. However someday once I grow my portfolio enough I plan on switching back to ETFs. So glad you found this strategy is working for you man!

  • @ding0389
    @ding0389 Месяц назад +2

    Is 100% xeqt viable?

    • @jasonk0331
      @jasonk0331 Месяц назад +1

      Yes. VEQT is more home biased. Whatever u pref

  • @lusoroofing5221
    @lusoroofing5221 Месяц назад

    one month is nothing burger, looking foward to your quarterly and yearly update:)

  • @roberttaylor3594
    @roberttaylor3594 Месяц назад

    stock battles was fun...could have ETF battles too? comparing investment styles.

  • @achifeful
    @achifeful Месяц назад +4

    Evaluate different passive ETF investing styles such as high yields, dividend growth and growth focused ETFs.
    Also, talk about kids' investment options and different accounts plus ages for each account.

  • @momo35444
    @momo35444 Месяц назад

    Thanks for the update Brandon! im glad to see you. hope you and your familly is well. this is great info to have for stability and longterm peace of mind in the financial dept.

  • @SuperCody888
    @SuperCody888 Месяц назад

    Im waiting to get out of a few positions then Ill be going all in on ETF's

  • @JoeSmith-pu9hi
    @JoeSmith-pu9hi Месяц назад

    Excellent portfolio. Video on Nasdaq

  • @grantboucher9342
    @grantboucher9342 Месяц назад

    i changed to passive income investing and now i am far more relaxed. i also handle a small part of my father's investments for passive income investing . i am making better returns .

  • @nintendoplays584
    @nintendoplays584 Месяц назад

    Great video and agreed with everything. Esp WS I made the change back in July 2023 and regret not moving over earlier. But better late then never! Letss goooo ❤❤❤❤

  • @eac381
    @eac381 Месяц назад

    Investing for my grandkids! yesss!

  • @AceVenturaXii
    @AceVenturaXii Месяц назад

    I’m flirting with doing this as well. I think the relief might be worth it. At the same time I do like picking the odd individual stock.

    • @AceVenturaXii
      @AceVenturaXii Месяц назад

      As for content, any content more often. Market moves up or down, maybe chose three stocks and do a basic preliminary financial evaluation, stuff like that. I just want to see more of you.

  • @dor1994
    @dor1994 Месяц назад

    Video comparing XEQT vs ZEQT

  • @realbeetlejuice
    @realbeetlejuice 2 дня назад

    ETFs!!!!!!!!!!!!

  • @kubapruszkowski6288
    @kubapruszkowski6288 Месяц назад

    Paris is 100% overrated . Prague and Lisbon If you have not been are always good choices

  • @lekang8179
    @lekang8179 Месяц назад

    Stock pick have more fun

  • @daviddrouillard3534
    @daviddrouillard3534 Месяц назад

    Called, Coach Potato Investing from years ago.

  • @willkeen5010
    @willkeen5010 Месяц назад +2

    I’m more of a dividend investor with all my drips on so that is my way of hands off cruise control automation. You and Marc need to do a portfolio update if those positions are still held on your comparison portfolio challenge.

  • @montecrist
    @montecrist Месяц назад

    Stock battles

  • @Enjoyablewalks
    @Enjoyablewalks Месяц назад +1

    I don’t believe his strategy of only etf will work for everyone. Individual stocks does offer good growth opportunities

  • @S.Kay_
    @S.Kay_ Месяц назад

    Did you get beat up or something? All scratches bro

  • @WtothaG
    @WtothaG Месяц назад

    Hi Brandon, we want to see some live gambling, thx

  • @GalenPhotography
    @GalenPhotography Месяц назад +10

    i passively unsubscribed.

  • @shaunsmith3625
    @shaunsmith3625 Месяц назад

    Switched to indexes about a month ago as well and my tsx index xic has outperformed the s&p 500 index xus