I'm 37 and I have 3 children and a 4th on the way. These two fellow Canadians have given me hope for the future. I've been following, watching, and most importantly doing what these gentlemen have taught me. Thank you.
You two are really awesome each in your own right. I personally have pursued Adrians strategy simply because of its simplicity and hands off approach but do like Brandon’s insights and broader approach to the market.
Two canadian self educated investors finally meeting. Two guys we're trying to emulate. Two guys who took paths before we did. Anyone I come across that's remotely interested in the stock market I refer to you two. Good job guys. I hope your interest in helping all of us get financially educated never fades. Thanks a lot to you both. Thank you Brandon for inviting Adriano. Reallly appreciated by all of us.
Thanks so much for that video! You two are my favorite investing youtubers and I have learned so much from both of you. Seeing you two exchange knowledge and talking about the topic of passive income investing is amazing.
This collaboration was beautiful. Though I'm not a passive income investor, there are a lot of principles that one could use across any investment style. I appreciate so much how transparent both of you two are with your investment strategies and the ups and downs of it. Definitely two Canadian RUclipsrs that are in a league of their own 💪💪
I follow an income strategy but it's not passive. I trade..buy low,collect dividends/distributions and sell higher. I aim for positive total returns. 15-20% portfolio yield. If it drops below 15% I rebalance. Buying low helps increasing yield on cost. I pay myself the dividend/distribution while I grow my capital or rather recuperate losses from 2022..I'm a former broker so it's a complicated high risk high reward strategy. The main goal is to constantly achieve at least a 15% yield but aim for a 20% yield. Sometimes, I will sell a stock or fund for a cheaper stock/fund with a higher dividend, even if its for a capital loss at times. Total performance : -12% for the year including dividends. Thats pretty conservative considering my approach. My strategy is a time consuming strategy but you have to enjoy doing it. I feel like portfolios in the red are simply paying you back so I aim to stay in the green and overcome dividend withdrawals
Fixed income on margin...buying government bonds on margin can exponentially increase returns...leveraged emerging market sovereign and corporate bond closed end funds exploded from Oct to Jan. This is a way of taking advantage of portfolios made up of sovereign and corporate bonds denominated in USD and local currencies from countries where inflation has already peaked and ahead of the West in terms of the credit tightening cycle. When USD depreciates in value, the bond values in local currency explode and vice versa. Mixed portfolios help balance each other out. EDF,EDI,TEI,CHW,FCO I locked in 15-20% yields and 15 to 60% in capital gains on those positions..
Thank you so much for this video! You are my favorite Canadian RUclips investors and I’ve learn so much from both! Can’t wait for the next video together 🙌
This was actually a crazy collab LOL! I've watched your videos when I first started learning about a TFSA, and I've watched Adrian's videos when I switched from growth stocks to dividend. I'm one of the people in his facebook groups, currently $300 a month the PII way. I truly love both of your channels, free knowledge is definitely priceless. Thank you both!!
Thanks so much for this video. So much information and a lot of clarity about some things I was really unsure of. I'm new to passive investing and so grateful I came across both of you.
Covered Calls its a hedge,, like having 2 accounts > longing AND shorting the market at the same time___one wins_while one loses equally,,,you are still 'even' no matter where the market lands.... its the safest trading strategy actually,,, when a market is trending in a direction you uncover the winner (by dumping the loser), let the winner capture gains until it stalls,,,, then bring the loser back for neutral equilibrium ... trading is a 50-50 gamble__up or down,,, waaaay better chance than lottery fools>>but thats what these ETF funds are doing under the hood..
and with recent volatility traders LOVE____ its SOOO easy to capture gains this way... its full time manual work (apps with price alerts) and exchange fees ofcourse
Experts suggest starting with a growth phase and as the retire date approaches, move to an income phase, here he skips the growth phase, not sure if that's a good idea for young people, but I get the value for older people.
I watched the video to the end. If you asked me to, I still wouldn't feel comfortable explaining how covered calls, or split funds work. Maybe it's just me, but if I cant grasp my head around how it works, I don't feel comfortable investing in it.
its a hedge,, like having 2 accounts > longing AND shorting the market at the same time___one wins_while one loses equally,,,you are still 'even' no matter where the market lands.... its the safest trading strategy actually,,, when a market is trending in a direction you uncover the winner (by dumping the loser), let the winner capture gains until it stalls,,,, then bring the loser back for neutral equilibrium ... trading is a 50-50 gamble__up or down,,, waaaay better chance than lottery fools>>but thats what these ETF funds are doing under the hood..
Good day Brandon just for clarification sir, If Adrians style was on Passive Income Investing, how different is that with what you are doing, I thought you were doing the same thing etc. just asking please, thanks
As Adrian said, the income received stays the same, but your overall portfolio value drops, so in time you are earning an income off a depreciating asset, so to me this is like an annuity. Also regarding split shares, I will use the Buffett saying that if what you are buying cannot be explained in a couple sentences, don’t touch it, it’s too complicated.
My challenge with Adrian's approach remains the inability to keep pace with inflation. Sure Canoe or FTN or DFN pays a great yield in today's dollars, but 5-6 years from now it won't be enough income to buy the same things. Having said that I think it's okay to put a small portion of a portfolio into his approach, but the low to zero dividend growth is a huge red flag for me, in terms of addressing inflation over an extended time period.
@@James_48 Agreed, and it is common knowledge that the capital markets go up more than they go down, and covered calls basically only do ok in a flat to down market. So, you are missing the upside total return most of the time to get a higher rate now on a depreciating asset. I can see why older people who require income now and are not concerned about leaving money as an inheritance, would like this application, but I sure don't see it as a win for young people trying to build wealth.
@@HamiltonRb Absolutely. I worry about followers of Adrian in their 20'2 and 30's who think getting started with this approach to investing is a long term path to financial independence. I myself may choose to use one or two split shares and maybe a covered call ETF to "juice" my retirement income, but the majority of my portfolio (90%) is based in blue chip dividend payers who have a long history of dividend increases that, generally, exceed inflation (I doubt very much they will in the short term). Five to ten years from now there might be a lot of tears spilled when followers of this strategy have 10 - 30% less capital and their distributions pay for less and less.
@@James_48 It comes down to pay me now or let it grow & pay me later. Anyone doubting this, just bring up a 5 year graph on any of these covered calls VS the S&P 500, and you will see the difference.
If you don’t mind some feedback for future videos: with all due respect… Listen-let people speak. There were many interesting answers to questions to look forward to being answered on his terms, if only he could get through one thought or paragraph without being interrupted.
So is there an etf of the top 6 banks in Canada? BTW I deleted a comment I made in an earlier video as I think we did not understand each other. Likely my fault as I meant the actual video not the channel.
hey guys great video!,. i love covered calls aswell. i have a question so, if we sell weekly covered calls in a TFSA, will we be taxed at the end of the year? because its deemed day trading? . just curious
For making regular monthly passive income under TFSA account a layman retiree should approach whom so that his retired life is well settled. Your feedback will be appreciated.
Q: Doesn't the income per month fall when the share price falls OR does the div per share payout remain constant regardless of share price drop? If the latter, doesn't the div eventually catch up and drop per share? Ie your monthly income goes down?
Many of Adrian’s picks pay a constant distribution independent of the share price. The split share funds have a rule where if the unit NAV dips below $15 they won’t pay a dividend to the class A shares but the preferred shares will get the dividend. There are a few that reset the distribution annually based on factors, one of which may be NAV. Of importance, most of the covered call and split share funds will not increase their distribution over time making this strategy less capable of keeping up with inflation. EIT.UN for example has paid a monthly distribution of $0.10 for years and years and no indication they will increase it in the future v
@@James_48 thanks so much for the reply. So aside from split shares... Something like qyld will keep the distribution constant regardless of the major drop? Thanks again!
Yeah, this is my concern exactly. Today, I can pay my gas bill or my phone bill, but what about in 5 years? 10 years? That same amount of passive income, which won't change due to the lack of dividend/distribution growth will now only pay 1/2 my gas bill or 1/2 my phone bill.....now what? To answer your question, I might include 10-15% of my portfolio in Adrian's selections to give a temporary boost to my retirement income, but the other 85-90% is in typical BTSX or TSX60 stocks that pay a reliable dividend that steadily increases over time.
@@James_48 a lame duck goes nowhere riding index to the bottom,,,even lame buffett is out in cash... ready to pick up the blood in the street,,survivors... a once every 15year opportunity seen from a mile away
Good video, I understand his strategy .. it make sense but not for me or my goals. Why don't you do a one on one with Griffin Milk, to teach your audience how to loose money in the market, and structure the worst portfolio ever ... and maybe we learn from him how to literally follow the crowd 🤣🤣
It's wonderfull and litteraly what i wanna do, but if everyone doing that, all in covered call etf. No one will be interested to buy the calls, so no money? Check mate?
good question! watch how the biggest covered call fund manager responds to that very question in this video: ruclips.net/video/mudDrImqVEw/видео.html - in short, you have nothing to be worried about. No checkmate lol , not even a check
Do you ever wonder what would happen if u didn't sell ur condo. But instead get equity out n get few more condo before this crazy housing explosion? B in 2019. Instead of getting few % of income yield. U be sitting on those low interest rate high rental income units u picked up cheaper than current market price.
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I'm 37 and I have 3 children and a 4th on the way. These two fellow Canadians have given me hope for the future. I've been following, watching, and most importantly doing what these gentlemen have taught me. Thank you.
Huge fan of Adrian. Collecting first $1000 dividends is the most difficult part. After that, it just gets a lot easier.
My two favorite investing youtubers in one video! Thanks for sharing your life changing information with us all.
It’s nice to see my two favourite investing channels collaborating on a video. This was very informative. Thank you 😊
I am using Adrian's pro-forma to set up my portfolio. It has freed up my time and I have peace of mind.
cannot put a price on peace :)
I started a 100% covercall etf strategy earlier this year. Zwc, xyld and hyld. Love the strategy $850 a month is buying more of itself all the time.
You two are really awesome each in your own right.
I personally have pursued Adrians strategy simply because of its simplicity and hands off approach but do like Brandon’s insights and broader approach to the market.
the beauty of DIY Investing....
Two canadian self educated investors finally meeting. Two guys we're trying to emulate. Two guys who took paths before we did. Anyone I come across that's remotely interested in the stock market I refer to you two. Good job guys. I hope your interest in helping all of us get financially educated never fades. Thanks a lot to you both. Thank you Brandon for inviting Adriano. Reallly appreciated by all of us.
Thank you both Brandon and Adrian for this very interesting video. Greate job.
Thanks so much for that video! You two are my favorite investing youtubers and I have learned so much from both of you. Seeing you two exchange knowledge and talking about the topic of passive income investing is amazing.
thanks! glad to hear :)
Branding n and Adrian are my two favourite channels. Got good advice from both.
My two favorite Canadian RUclips investors together, thanks for this.
This collaboration was beautiful. Though I'm not a passive income investor, there are a lot of principles that one could use across any investment style. I appreciate so much how transparent both of you two are with your investment strategies and the ups and downs of it. Definitely two Canadian RUclipsrs that are in a league of their own 💪💪
Excellent vidoe! Thank you to both Adriano and Brandon for helping out the little guys play with the big boys!
That moment when your wondering if Brandon or Adrian have any new vids and then you see this.
Loll same for me
:)
Very good discussion. I also have covered call ETFs but I also have growth stocks and dividend stocks as well. I appreciate them all
I follow an income strategy but it's not passive. I trade..buy low,collect dividends/distributions and sell higher. I aim for positive total returns. 15-20% portfolio yield. If it drops below 15% I rebalance. Buying low helps increasing yield on cost. I pay myself the dividend/distribution while I grow my capital or rather recuperate losses from 2022..I'm a former broker so it's a complicated high risk high reward strategy. The main goal is to constantly achieve at least a 15% yield but aim for a 20% yield. Sometimes, I will sell a stock or fund for a cheaper stock/fund with a higher dividend, even if its for a capital loss at times. Total performance : -12% for the year including dividends. Thats pretty conservative considering my approach. My strategy is a time consuming strategy but you have to enjoy doing it. I feel like portfolios in the red are simply paying you back so I aim to stay in the green and overcome dividend withdrawals
Fixed income on margin...buying government bonds on margin can exponentially increase returns...leveraged emerging market sovereign and corporate bond closed end funds exploded from Oct to Jan. This is a way of taking advantage of portfolios made up of sovereign and corporate bonds denominated in USD and local currencies from countries where inflation has already peaked and ahead of the West in terms of the credit tightening cycle. When USD depreciates in value, the bond values in local currency explode and vice versa. Mixed portfolios help balance each other out. EDF,EDI,TEI,CHW,FCO I locked in 15-20% yields and 15 to 60% in capital gains on those positions..
Omg! My 2 favourites investors together!!! 😍😍 I always refer both of you to my friends or anyone interested in investing
Excellent guest in your channel today. Thanks to interview Adriano today. Passive Income Investment ❤️
HYLD,HDIV,LBS,FTN&DFN = $45.50 PII monthly. Thanks Adrian!
Nice video - 2 of my favorite Canadian investors with different styles!
Thank you so much for this video! You are my favorite Canadian RUclips investors and I’ve learn so much from both! Can’t wait for the next video together 🙌
Been following both of you for 2 years. I'm almost at 250 a month. Love Adrian's style and philosophy. Love your market insights.
@
Around 22k mostly in DFN and ENS.
@@Jayemjigga thanks!
Both of you are the best. :)
Outstanding video!
This was actually a crazy collab LOL! I've watched your videos when I first started learning about a TFSA, and I've watched Adrian's videos when I switched from growth stocks to dividend.
I'm one of the people in his facebook groups, currently $300 a month the PII way. I truly love both of your channels, free knowledge is definitely priceless. Thank you both!!
stay Passive my friend :)
2 favourite youtubers
The bestinterview ever.:) thank you so much you two
My favourite vidrr et is of Adrianes are the earlier ones about the steps to control your budget, etc.
Thanks so much for this video. So much information and a lot of clarity about some things I was really unsure of. I'm new to passive investing and so grateful I came across both of you.
Great collaboration, I enjoy both of your channels.
My 19 years old is getting 500$ monthly from EFT and split shares. Make sure you kids start saving early.
Nice to see you guys together!
Covered Calls
its a hedge,, like having 2 accounts > longing AND shorting the market at the same time___one wins_while one loses equally,,,you are still 'even' no matter where the market lands....
its the safest trading strategy actually,,, when a market is trending in a direction you uncover the winner (by dumping the loser), let the winner capture gains until it stalls,,,, then bring the loser back for neutral equilibrium ...
trading is a 50-50 gamble__up or down,,, waaaay better chance than lottery fools>>but thats what these ETF funds are doing under the hood..
and with recent volatility traders LOVE____
its SOOO easy to capture gains this way...
its full time manual work (apps with price alerts) and exchange fees ofcourse
2 bright minds. will be taking a large chunk soon to invest
it would be great for your father to provide his opinion on this (escpeciall for older Canadians)
This is insane..! so good !
Watched and liked, thanks Brandon! I've really enjoyed following Adriano, and much of my portfolio is his strategy.
Wow. Glad to see both of you together. Two of the 3 channels which I follow for investing. Both of your content has been really helpful for me.
Brandon you brought one of my fav youtubers 🥰 thanks a lot!!!!
Loved this video. Thanks guys
Experts suggest starting with a growth phase and as the retire date approaches, move to an income phase, here he skips the growth phase, not sure if that's a good idea for young people, but I get the value for older people.
Two worlds collide... But politely, proper Canadian style!
Molto Bene Adriano!
What a crossover!
I watched the video to the end. If you asked me to, I still wouldn't feel comfortable explaining how covered calls, or split funds work. Maybe it's just me, but if I cant grasp my head around how it works, I don't feel comfortable investing in it.
this might help. CC is really not that complicated ruclips.net/video/hKoKIakr0IA/видео.html
Me too would need a more indepth explanation
its a hedge,, like having 2 accounts > longing AND shorting the market at the same time___one wins_while one loses equally,,,you are still 'even' no matter where the market lands....
its the safest trading strategy actually,,, when a market is trending in a direction you uncover the winner (by dumping the loser), let the winner capture gains until it stalls,,,, then bring the loser back for neutral equilibrium ...
trading is a 50-50 gamble__up or down,,, waaaay better chance than lottery fools>>but thats what these ETF funds are doing under the hood..
Good day Brandon just for clarification sir, If Adrians style was on Passive Income Investing, how different is that with what you are doing, I thought you were doing the same thing etc. just asking please, thanks
As Adrian said, the income received stays the same, but your overall portfolio value drops, so in time you are earning an income off a depreciating asset, so to me this is like an annuity. Also regarding split shares, I will use the Buffett saying that if what you are buying cannot be explained in a couple sentences, don’t touch it, it’s too complicated.
My challenge with Adrian's approach remains the inability to keep pace with inflation. Sure Canoe or FTN or DFN pays a great yield in today's dollars, but 5-6 years from now it won't be enough income to buy the same things. Having said that I think it's okay to put a small portion of a portfolio into his approach, but the low to zero dividend growth is a huge red flag for me, in terms of addressing inflation over an extended time period.
@@James_48 Agreed, and it is common knowledge that the capital markets go up more than they go down, and covered calls basically only do ok in a flat to down market. So, you are missing the upside total return most of the time to get a higher rate now on a depreciating asset. I can see why older people who require income now and are not concerned about leaving money as an inheritance, would like this application, but I sure don't see it as a win for young people trying to build wealth.
@@HamiltonRb Absolutely. I worry about followers of Adrian in their 20'2 and 30's who think getting started with this approach to investing is a long term path to financial independence. I myself may choose to use one or two split shares and maybe a covered call ETF to "juice" my retirement income, but the majority of my portfolio (90%) is based in blue chip dividend payers who have a long history of dividend increases that, generally, exceed inflation (I doubt very much they will in the short term). Five to ten years from now there might be a lot of tears spilled when followers of this strategy have 10 - 30% less capital and their distributions pay for less and less.
@@James_48 It comes down to pay me now or let it grow & pay me later. Anyone doubting this, just bring up a 5 year graph on any of these covered calls VS the S&P 500, and you will see the difference.
I got banned from his FB group for simply questioning the reasoning of a moderator. I’m convinced his followers are more of a cult than anything.
If you don’t mind some feedback for future videos: with all due respect… Listen-let people speak. There were many interesting answers to questions to look forward to being answered on his terms, if only he could get through one thought or paragraph without being interrupted.
So is there an etf of the top 6 banks in Canada?
BTW I deleted a comment I made in an earlier video as I think we did not understand each other.
Likely my fault as I meant the actual video not the channel.
For me it's all about the "realized" gains.
How is it different than Reits? Isn't it kinda the same concept?
hey guys great video!,. i love covered calls aswell. i have a question so, if we sell weekly covered calls in a TFSA, will we be taxed at the end of the year? because its deemed day trading? . just curious
For making regular monthly passive income under TFSA account a layman retiree should approach whom so that his retired life is well settled. Your feedback will be appreciated.
Great chat. We love Adrian. Now please go buy yourself a premium Zoom account or use Teams for free. Or Skype. LOL. 😂
lol
Q: Doesn't the income per month fall when the share price falls OR does the div per share payout remain constant regardless of share price drop? If the latter, doesn't the div eventually catch up and drop per share? Ie your monthly income goes down?
Many of Adrian’s picks pay a constant distribution independent of the share price. The split share funds have a rule where if the unit NAV dips below $15 they won’t pay a dividend to the class A shares but the preferred shares will get the dividend. There are a few that reset the distribution annually based on factors, one of which may be NAV. Of importance, most of the covered call and split share funds will not increase their distribution over time making this strategy less capable of keeping up with inflation. EIT.UN for example has paid a monthly distribution of $0.10 for years and years and no indication they will increase it in the future v
@@James_48 thanks so much for the reply. So aside from split shares... Something like qyld will keep the distribution constant regardless of the major drop? Thanks again!
@@MStar10 I haven’t dug into QYLD. I don’t own it but I think Adrian’s channel has a video on it.
It's me telling you about Adrian lol
Love the combo!
Hilarious how Brandon is afraid of split shares but has no problem putting tons of cash on sketchy chinese stocks
Covered call ? The terminology is confusing
If your monthly income stays the same for covered call etfs, does inflation pose a risk? If so, what action would you take?
Yeah, this is my concern exactly. Today, I can pay my gas bill or my phone bill, but what about in 5 years? 10 years? That same amount of passive income, which won't change due to the lack of dividend/distribution growth will now only pay 1/2 my gas bill or 1/2 my phone bill.....now what?
To answer your question, I might include 10-15% of my portfolio in Adrian's selections to give a temporary boost to my retirement income, but the other 85-90% is in typical BTSX or TSX60 stocks that pay a reliable dividend that steadily increases over time.
and the share price will be lower too devaluing your total investments
@@James_48 a lame duck goes nowhere riding index to the bottom,,,even lame buffett is out in cash... ready to pick up the blood in the street,,survivors... a once every 15year opportunity seen from a mile away
Good video, I understand his strategy .. it make sense but not for me or my goals. Why don't you do a one on one with Griffin Milk, to teach your audience how to loose money in the market, and structure the worst portfolio ever ... and maybe we learn from him how to literally follow the crowd 🤣🤣
0:20
It's wonderfull and litteraly what i wanna do, but if everyone doing that, all in covered call etf. No one will be interested to buy the calls, so no money? Check mate?
good question! watch how the biggest covered call fund manager responds to that very question in this video: ruclips.net/video/mudDrImqVEw/видео.html - in short, you have nothing to be worried about. No checkmate lol , not even a check
Adrian seems like such a scammer
Do you ever wonder what would happen if u didn't sell ur condo. But instead get equity out n get few more condo before this crazy housing explosion? B in 2019. Instead of getting few % of income yield. U be sitting on those low interest rate high rental income units u picked up cheaper than current market price.