My $1.37 Million Stock Portfolio Unveiled | $25,122/Month of Passive Income - UPDATE #33
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- เผยแพร่เมื่อ 26 ก.ค. 2024
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00:00 Portfolio Unveil Explained
01:18 Passiv Overview
03:46 Retirement Accounts (on DRIP)
11:10 Main Portfolio
11:47 2023 Summary!
13:34 Jan. 2024 Update
16:51 Main Portfolio Holdings
23:05 Main Portfolio Summary
MISSION:
Help everyday people to invest on their own, in order to create their own source of Passive Income to enhance their quality of life and reach Financial Independence
GOALS of this Channel:
1) To share my Personal Investing Journey & Strategy with the world. Everybody needs to make their own investing decisions. I am NOT against any style of investing and I will NEVER claim my Investing strategy is the “best”; its the best FOR ME
2) Educate you about Income Oriented Investing with a particular focus on Covered Call ETFs listed on the Canadian & U.S. Stock Markets
DISCLAIMER:
The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Adriano Starinieri is not registered to provide investment advice and as such does not provide recommendations - those looking for investment advice should seek out a registered professional. Adriano is not responsible for investment actions taken by viewers.
#passiveincome #investing #dividendincome #financialfreedom #livingoffdividends #covered call #high yield #income
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Great update. I will be making a lot of big moves coming up. I look forward to sharing them with you some time in the future.
Thanks for the update!
Good day Adrian - For the main portfolio - How do you determine the appropriate weight for each positions - what process do you use etc. , thanks
thank you for sharing your knowledge with people like me
GLCC and YTSL were at 52 week lows. Anyone else pickup? Thanks to Adrian for the tip in the Weekly Fund Recommendation post.
I buy more shares of these two every month
I bought a bit more YTSL at a bargain. No interest in gold etfs.
if GLCL existed i might have picked some up!
@@PassiveIncomeInvesting I'm hoping someday that will happen and yes I would buy even more then
@@PassiveIncomeInvesting Can't wait! Should we send Horizon's Fund Manager a Gift Basket to encourage them to make GLCL a reality? Cha-ching!
Yet again - awesome content! Love the videos and how you show the details...thank you!
Always look forward to these unveils.
Another great video, thank you Adriano.
Jan was a big consolidation/streamline month for me. I think by the end of the year I'll be in the portfolio that will carry me for, hopefully, decades to come.
Thank you so much for these.
Congratulations! Cannot wait to see you to have the port folio of 100K a month income in 2032!
Thank you for the unveil. It's a great guide and inspiration.
sorry, the protfolio excel file has not been uploaded yet. please check and Thanks!
Good day Adrian - Just a question on the main portfolio - for someone that may not need the income for instance - we can just DRIP them too right - the selection you have on those funds on the main portfolio are also viable for holding long term and just DRIP them - would that be correct or not
Yes you can drip anything you want
I also have SVOL as my secondary high yield holding. Why did you pick RIV over CRF or CLM?
Honestly, RIV, CRF, and CLM all have issues. They all have good balance sheets. RIV has a negative EPS like ORC. CRF and CLM pay out more than their EPS.
Thx Adrian.What is the best way to find the equivalent US ETFs from your portfolio? I have JEPQ, JEPI and QQQY but the Hamilton, Horizons and Purpose ETFs were not available unless I missed something. TY
they are funds listed on the Canadian market. if you are American, there is no point. stick with U.S. listed
Adrian, do you only reinvest distributions or also add new capital monthly? Thanks!
Unless him and Erica have other biz ventures, I think his reinvestments are all from distros (minus living expenses).
Hopefully, he can confirm coz I’m about to mirror his strategy once my iTRADE transfers to WS.
Thanks for the info
thanks for sharing, just to better understand.. how $1.80 annual dividend (or 15.32% yield) is being calculated, I see only $ 0.75 or 6.44% annual yield for HPYT, most recent.
what broker did you use? ican't find these stocks in my broker
Amazing again!
Very nice Adrain 👍💰💰💰💰💰💰💰
So Passiv is the software and Questrade is the broker is that right - is that better than wealth simple or it's just preference
Yup … “Better” is a matter of opinion , so I cannot comment
Hi. That's a great information. I do have a confusion because I see that you include your reinvested distribution in the Portfolio Book Cost (according to the excel because you summarize the Total Investment column) . Shouldn't it only include the contributions? I mean, the correct method for assessing performance should be Market value - Total contributions (No reinv. distr. included)
The drip is not on in the main portfolio.
Adrian, have you ever considered using the dividend “wheel” strategy, say for your RRSP?
Way above Adrian's pay grade!!!
I am not even sure how one can even amass that much to invest. $1M! How much of that was job income?
Thank you for all
Awesome! I do have one question. Can you give a more detailed explanation for switching BKCL to BANK, other than "streamlining"?
You generally declare the great advantage of CCs with Leverage. Thanks for any clarification.
I have been watching both of these funds closely because I may want to swap my HMAX fund for one of these. At first, I preferred BKCL because it had a higher yield than BANK. However, from the three funds, BANK is the only one that increased its distribution in June and December. Meanwhile BKCL reduced it in November and HMAX reduced it three times from 18 cents and increased once to the current level of 17.45 cents. Currently, BANK has the highest yield.
His BKCL yield is 15.56%, now his bank yield is 16.22%, both employ CC+ lev, bank has 10 stocks BKCL has big 6. A smart move increasing his income and more diversified.
I am brand new to investing, have NO idea about all this financial lingo, I’m in way over my head but I know I’m running out of time, I need to start something asap. I’m 43, single parent, finally at a point in my life that I have a bit of extra income to invest.
Kids are still financially dependent on me, so investing will be for my retirement and to help the kids as they get older.
One question - is dividend the same as “income” in your spreadsheets?
I am definitely NOT going to be buying/selling like you do, because I wouldn’t even know how to figure that out.
BUT I would like to pick stocks that are hands off.
Maybe when I understand more, I would be confident doing some buying-selling regularly, but not right now.
Just found you from Brandon Beavis, you mention you’re in Panama now, that’s amazing!
That’s my dream, to be able to live off income from investments.
book a 1 on 1 with me. best $ you'll ever spend . details on my website (first link)
@@PassiveIncomeInvesting No times available in March or April :(
Congrats Adriano! Love that you’re getting a new SUV & going on a well deserved trip soon 🙌🏼
Anyone know how to tell which holdings are TFSA and which are unregistered? Thanks!
i keep forgetting but i can show the breakdown next time
@@PassiveIncomeInvesting that would be great! Thanks a lot!
I recently put my RRSP on drip which is a CIBC Investors edge account. Most US stocks are not eligible for drip. Only CLM reinvested. SVOL, QQQY, JEPY, TSLY, KLIP, HYLD.U didn’t. It’s disappointing. Costs $7USD to make every trade to reinvest dividends in each stock every month.
switch to Questrade
If I am neither a US or Canadian resident I guess it doesn´t matter if I invest in either ETFs right ?
Prob not but depends on your tax situation
YTSL not in W. Simple ?
Thanks for another great vid. Had the following questions - 1) Is it too late to open an additional RRSP acct with questrade wen u r in yr early 60s-( currently i hv RRSP with a financial institution) - considering we hv to melt down the rsp on reaching retirement ? And 2) is it a good idea to invest in US etfs within the tfsa ( despite the 15% withholding tax) ? - would like your advice on this . Thanks..
i'm 61 and i transfered my pension and RSP over to Questrade so i could manage it.
Go ahead and create a RRSP account with Questrade. In the year you reach 71, Questrade will automatically convert it to a RIFF and annually withdraw the minimum amount, starting at around 5.5% and increasing every year.
The 15% witholding tax that you experience in a TFSA will only apply to the dividend income the fund earns from the underlying U.S. stocks. So if none of the underlying stocks pay dividends, the fund will not get dinged with the withholding tax.
However, the tax is minimal considering that if the average dividend amounts to 5%, then 15% would be applied to the 5% giving you 4.25%. So, if the fund has a return of 12% (containing say 5% dividends and 7% capital gains), the return with the withholding tax would be 11.25% instead.
If the tax really bothers you, put ETFs that hold dividend-paying stocks in your RRSP or your non-registered account. In a non-registered account some/all of the tax is recovered from the T3 slip (box-34)
@dkyrtata6688
Go ahead and create a RRSP account with Questrade. In the year you reach 71, Questrade will automatically convert it to a RIFF and annually withdraw the minimum amount, starting at around 5.5% and increasing every year.
The 15% witholding tax that you experience in a TFSA will only apply to the dividend income the fund earns from the underlying U.S. stocks. So if none of the underlying stocks pay dividends, the fund will not get dinged with the withholding tax.
However, the tax is minimal considering that if the average dividend amounts to 5%, then 15% would be applied to the 5% giving you 4.25%. So, if the fund has a return of 12% (containing say 5% dividends and 7% capital gains), the return with the withholding tax would be 11.25% instead.
Go ahead and create a RRSP account with Questrade. In the year you reach 71, Questrade will automatically convert it to a RIFF and annually withdraw the minimum amount, starting at around 5.5% and increasing every year.
The 15% witholding tax that you experience in a TFSA will only apply to the dividend income the fund earns from the underlying U.S. stocks. So if none of the underlying stocks pay dividends, the fund will not get dinged with the withholding tax.
However, the tax is minimal. For example, if the average dividend is 5%, then 15% would be applied to the 5% giving you 4.25%. So, if the fund has a return of 12% (containing say 5% dividends and 7% capital gains), the return with the withholding tax would be 11.25% instead.
QT any other broker recommends... their customer service is a nightmare and you get shagged hard on options fees...
always the best and reliable information thanks for the years info king
I like Adriano portfolio. More every month as the years. Go by
always !
FTN yield is 19%. CALL yield is 13%. FTN missed 9 months of distributions from March to November 2020. Split Funds can and do miss distributions. CC ETF's can lower, but will never miss distributions. Does FTN's greater yield outweigh the fact it missed 9 months of distributions and could again? [Jeopardy music]
lol only you can answer that question
@@PassiveIncomeInvesting He He. Yup. It's a tough one. Invested in both currently. Covid should have been a Black Swan Event (knock on wood, or whoever thought Gain of Function research was a good idea), so hopefully FTN and other Splits won't go through another prolonged period of missed distributions. Have a great weekend Adrian!
Turning into a monster now. This thing will be churning out $100,000 per month before you know it.
Is it bad to have qqqy in my tfsa?
QQQY in your TFSA will result in 15% withholding tax taken from your dividends. I would not call it bad, because the dividends are nice and in USD.
@@valveman12 ok thanks!
@@valveman12you can switch to RRSP account I believe to avoid that.
I saw another video on Canadian In A T-Shirt, when he teaches you how to switch CND funds to USD and then buy USD ETFs without any conversion fees.
The march 2024 porfolio vidée will be released when thank you
Soon!
Why is the tax 25% / is that the non-resident tax? what about tax paid to panama?
I thought the panama move for less tax and lower cost of living. would like to see more content on the panama living off the dividends.
He talks about it in one of his videos. If I remember correctly, he does not pay Panama tax because he does not earn any employment income there. As a non-resident of Canada he pays a flat tax to Canada on his income including his RRSP/RRIF withdraws.
No, by paying a flat tax rate, he does not save any taxes by living in Panama and he misses out on Canadian perks like new contributions to TFSA/RRSPs, healthcare, etc. He may save on taxes in later years if his passive income lifts him to a higher than 30% tax bracket of a Canadian resident. But missing out on healthcare can be a problem during old age.
Missing out on CDN health care may actually save your life -==first hand experience with this issue and its partly why i left Canada and will never return---good luck----@@dkyrtata6688
Thank you Adrian for doing this.. is very encouraging.. love you 😘😘😘
Love you? 🥰
You are so welcome
an 18%+ return every month is nuts.
def. do NOT have an 18% monthly return lol let alone annual
Seems too complex. I like keeping things simple. I have 50% in voo (s&p500) and 50% in upro (s&p x3) and rebalance annually. The return is very similar to yours.
im sure it will be higher than mine . very hard to beat VOO.. all good. im willing to sacrifice return for cashflow
Bro I knew it you will buy QQCL I bought it before you. I just switched to $Bank from BKCL today. Love the unveil wishing you more succesa and big dividends. Thank you for sharing your success and strategy ❤ Love and respect bro
Much appreciated!
BTW in your main account you have a holding by the ticker symbol of $HYLD with an alleged amount of 129k yet my several platforms state that this ETF has been defunk since August 30 of 2023.😮 Pray tell what's really going on here?
You’re definitely looking at the wrong HYLD. The one he has is the Hamilton Enhanced US Covered Call ETF. It’s alive and very well. Look a little harder before throwing shade.
There is no "$" in the ticker. The ticker is either "HYLD" or "HYLD.U" on the Canadian stock exchange.
everything in my main portfolio is Canadian listed
Unfortunately your channel becoming slowly a turnoff for usa investors unless you have minimum of 10 etfs instead of 3.
lol ok thanks. i put all the videos related to U.S. listed funds in a specific playlist. follow that playlist if you want only U.S. listed fund videos . and feel free to go somewhere else. you believe in freedom dont you?
If you withdrew $25k/month, you’d be bankrupt in 6 years. Your likely scenario for the longterm is $4k/month.
I sure wouldn't want someone like you handling my finances.
@@henryhonda8408 I wouldn’t help someone that can’t do basic math.
@@henryhonda8408 He is right. 72 months of $25k would be around $1.8M.
Then again, I am not sure why someone would want to withdraw that much. If I had that much, I am just taking out whatever I need to pay bills (definitely less than $4k). Then I would get a full time job and use that as income fun money.
He’s in the profit 400+k though ?
why 25k lol ? he need like 5k to live and is passive income every month
Thanks for the Portfolio Unveiled video Adrian! Just about 1 year ago, your portfolio was only generating about $11k a month, and now it's $25K. It's nice to see how a little patience + consistency = huge dividend yield. I love PII strategy: why chasing stock bubbles when you have dividend dollars every month.
So, you are buying a SUV? Are you starting a family or something? 😁
lol no, i got over 72k children and counting . i think that's enough (+2 cats)
No twitter/X account?