Congratulations! Thanks for your words of advice and encouragement - it took me nearly a year after switching to income investing to quit worrying about my total portfolio value. Now I focus first on my monthly income, which goes up each month regardless of what is happening to n the markets. Keep investing/reinvesting every month - averaging costs down. On track to ultimate goal of supplementing pension income with tax free income from tfsa's - all still on track thanks to your advice and mentoring. Thanks!!! ( And I love the balcony - wish I could see more ! )
Yup it takes time not to worry anymore as a pii . Once this volatility or recession is over , you will be a veteran and REALLY not care anymore 😉 you’ll see !
There is so much information out there and once in a while I start thinking that income investing isn't for me. Then I re-watch one of Adrian's videos, which reminds me why I have chosen this path. I also think too many people think it's all or nothing, but nothing wrong with somewhere in between if that's your comfort level or it bests fit your current plan. Of course, as you get older and possibly certain life events happen, you may need to visit your investment plan (or not). Personally, I know I'll be good in retirement, but I also want a big monthly dividend income so if any or all of my kids (as adults) ever need financial help, I can say no problem without dipping into my capital. I appreciate not all parents are like this, but this is an important goal for me.
Thanks Adrian, I totally agree with your summary section. The growth investor will likely have a higher end value portfolio however the key here is income investors get to live life now and enjoy passive income on a monthly/quarterly basis. It should also be noted and many videos do show that income focused funds do tend to show lower overall value over longer periods of time vs growth focused funds even if you consider monthly dividends paid on income funds. Being able to live life now and enjoying monthly cash flow is very hard to beat, it enriches your life in so many ways.
Excellent breakdown Adrian! I like the point about starting off with growth and switching to income later vs just income. I think something to add would be you never no when to sell with growth as well! Timing the market to get that total return that is always advertised with growth investing is EXTREMELY difficult. How many people do you know that are now down thousands of dollars from the January peak in the S&P 500? If they’re close to retirement this can mean the difference of tens if not hundreds of thousands of dollars. To me, income is the clear winner.
💯✔⭐Well, Adriano, studied your presentations quite a bit over the past few months and today was the day to nibble away in non registered account.😀 Looked at one of your latest vids of what you had in your portfolios and Unit Navs etc. The pull back and MacD indicator, stochastic, RSI and support level indicators and the Unit Nav price, bought 1000 shs for each of GDV, RS, ENS and FAP(In TFSA because of the switch to foreign income now.) I did repurchase SPB as I could not find a split corp that had spb in it. So Adriano, seeing how diversified you are in your portfolio really inspired me to look at a lot of your suggestions, and doing more research on them. Thank you so much! Like you have said, "Diversified is Queen aka King, and If you don't make money while you sleep, then you will work until you die." If their is more of a pull back I will look at adding to the ones I just purchased keeping in mind what % weight it is in the over all portfolio. So, now a wait to see for more of a pullback. Lots of fun learning on your channels ! We are so fortunate to have you helping us! Hope you had another wonderful day in your new home in Panama...and about on the balcony; It doesn't bother me because you continue to stay focused during your presentation which continues with the quality of your delivery and content. 😀💯
Good point about mental health. I actually somewhat like the volatility, I can continue buying the dip. With growth stocks there's a lot more strategizing, trying to get in at the right price. With income it doesn't matter as much. Still might be buying some growth in the next few months, depending on how much more tech and other assets drop.
Exactly right! Add more units when it tanks....totally bought some stuff today, 1000shs of GDV, RS, ENS and a solo company SPB...and in TFSA I bought foreign income divvy FAP of 1550 shs. Keep having fun and enhancing quality of life!😀📈📉🇨🇦
Great video...watched you a few times b4. To add and idea you should consider real estate (depending on when you buy) can have very similar if not better effects of growth/income as you describe within this video of knowing you will be generating a fairly steady stream of income in that portfolio of yours. Granted, anyone owning some rentals in a swamp or out in the back woods of Iowa with population of 100 are not going to be the target...however, those in larger cities where there will always remain a demand for housing is quite a different story. When those whom are getting ready to retire--might as well have a part time job (occasionally) taking care of your rental properties as it doesn't take much unless you bought something needing alot of attention--rentals basically run themselves. An additional benefit in the US (not sure in Canada) you can depreciate your property along with expense/write-off your repairs, taxes, hoa fees, etc and that allows you to capture an income stream without being walloped at the end of year. The $11k a month portfolio is great, but for Americans, that 11k is treated mostly has ordinary income not the straight dividend where we only get taxed at 15%. I'm curious to know how many Americans get in on some of those tickers w/o jumping through a ton of issues with their TD Ameritrade, Schwab, etc accounts to obtain stocks/ETF on Toronto exchange?
Too much work ! I would never own property I want no hassle especially in Canada where the law is on the tenants side . I’d rather simply own reits for real estate . Easy
@@PassiveIncomeInvesting hassle is there for some and other not so much (me, I must have flipped the coin for not so much). I occasionally have repairs (but I bought quality and location)--so nothing seems to eat too much of the profits. When I get more than one rental ...I guess I may my tune. These new call option ETFs coming out, especially HYLD/QYLD I'm worried many folks are going too far into these (even if they seem diversified). I'm noticing the losses you have incurred in price/initial capital...is paying yourself 1/2 of the capital you invest to get net 4-5% (i.e. the loss in capital plus the gain in income). If after 5 years you still have most of your capital--all is good and you indeed "rented" your money just like property example. However, looking at just QYLD, you never participated in QQQ/NAZ bounce---therefore your capital is being sliced up to pay your dividend. There are interesting articles and youtube videos explaining why QYLD did not enjoy the ride up but did on the way down! That analysis tells you, QYLD has to use capital to pay calls off when they are outside of the month/month range of the bets. RYLD seemed to do better in capital retention. I hope JEPI and JEPQ are a little better in capital retention and will lean that way instead of QYLD...the longer term data is going to have to play out before I believe these new ETFs are really for the best. It would not surprise me if QYLD did a reverse stock split to appear like everything is better...but all the while it takes more capital to buy the new share price and the income distribution may not keep up. OR they keep passing on the capital bleeding to the next consumer, while the initial investor appears nothing is wrong until one day these funds can't hide the "secret". Hopefully, overtime, folks will do more analysis on these covered call/option strategies to see if many are ripping off the consumer/income investor as more retirees venture into these.
Hi Adrian. Wonderful video !!! great points covered. This Question was always on my mind . Whats your take on Harvest stocks?? Like HYLD HDIF HDIV Pls , I would appreciate your feed back, since the inception is recent. Thanks
So happy for your move. Enjoy. Canadians are so miss treated by Mutual funds. So glad I went DIY and sold all my Mutual funds. We experienced little to no growth owning mutual funds for far to long.
I'm so glad I retired last year and reallocated my portfolio from a dividend growth strategy to income generating. Of course it's still gut-wrenching to see so much value lost in the overall portfolio but I'm still bringing in plenty of income from my investments. I don't even need all of it, half I take, and half I re-invest so I'm definitely in a better place with an income generating portfolio !!
Should I be worried about the Purpose Bitcoin Yield ETF cutting its distributions? I wouldn’t think so because it’s just covered call premiums which should go up in volatile times but just want to make sure. Thanks.
Love the Balcony Office. Next time show us a bit of the View. Our 1 on 1 help changed the direction of my investing for the better. Worthy every penny. Love the content Adrian
That was so well explained and put together. Thank you Adrian. I'm kind of pii, by means of DGI. The only income fund I have is your favourite, Canoe EIT income fund. It's done me well over the years to protect from the market down turn in 2009, 2018, 2020 and now 2022. I love watching your progression. Keep up the good work 😁
Great video. I like that you have the experience of the 2020 market crash and have seen your portfolio fall and then recover while keeping the monthly dividends rolling in. I started dividend investing just after the March 2020 crash; even though my portfolio is pulling back with the market, I am still up huge on many positions bought when the market was very low. I am once again starting to look for those great buying opportunities.
Congratulations on your move, my wife and I are in the same boat but not moving away as far...lol, I appreciate your honesty and the time you put into the videos, we do both dividend growth strategy and covered call etf strategy both make us feel very comfortable and confident in our investments. Thx again for all the time you put into your videos...cheers
Congratulation Adrian! 😀 Life in paradise, very happy for you and Erica! One more benefit for Income Investors, when the market goes down, we can simply use the dividends to buy more at lower price. No new money needed. For growth investors, they need to come up with new money if they want take advantage of the market downturn. Of course the mental health is the biggest benefit of being an incoming oriented investor. Watching your portfolio down 50% can really messes you up. But as an PII, we can remain clam and spend our energy to enjoy life instead of worrying about the market.
Great break down of the advantages of income. I primarily use a growth dividend strategy that’s in the middle but I do have approximately 14% of my portfolio in pure income investment holdings such as QYLD, DIVO, and JEPI. Love your content and congrats on the move.
Congrats Adrian on the move to Panama, as far as the markets go I only see great opportunities this summer, it helps thar I’m a glass is full kinda guy but come on this happens in the markets once in a while so we have to take advantage of it before it bounces back , bear markets are just great opportunities!
Congrats Adrian to you both on the move, way to go!! I’m glad that I’m in a lot of good income ETF that you have recommended! The only one I’m worried about is ETHY? Do you think there is hope for that too get back up higher? I’m down big time and everything else has been good, thanks!
I know you said on facebook not to only look at your method but I took a whole month of January seeking the best way to invest without losing sleep at night and believe me I love a good night sleep and trust me I go bed and dream of dividends and bam I wake-up to see them in my notifications thanks Adrian for all that you have thought me and continue to do
looks it holds fixed income on a leveraged basis. I see nothing special about it but definitely an income focused company. Ir reminds me a bit of OPP or various other fixed income oriented leveraged closed end funds like GOF, PDI etc.
Hi Adrian, I suggest some time in the future , you and your charming wife should write and publishing a book in passive investing ? I would be first to buy ! #1 seller
DGS is my largest holding, but I'm aware of the risk associated to split corp fund. I mitigate the risk by using a diversification strategy to get monthly income no matter what. Right now, I'm focusing increasing my positions on covered calls etfs and svol since the VIX reflects the fear. Amazing video, Adrian. The view is stunning, and I hope you'll more outdoor videos.
Yes dgs cAn and will miss . But check out it’s performance on average annually since inception … it will stun you ( better than eit ) thanks leverage !
Congrats man. Finally your move is done. It was a great video, I'll be waiting for that DGS info or video. Thanks so much Adrian. Enjoy your new home. ❤❤❤
Hello. I have a question in regards to DS. I am thinking about picking DS if the stock market cools off in the near future (maybe 2023). I saw DS's dividend history and the dividend was reduced to 25% during 2020 covid crash. If I pick up shares of DS at share price of $4 (let's say), would my dividend yield be locked at the lower rate forever because I picked up the shares at the market crash time? Please answer I'm new to dividend investing. Thanks.
I’ve monitored the index call option premiums each month when Global X rolls into the next month on the 3rd Friday. They have stayed consistent every month this year during the downturn. Their payouts drop if the price drops but they have been receiving consistent premiums on the ATM strikes each month. Buried in the documents on their website, they do state that they aim to payout 1% max each month. If their premiums exceed the 1%, I can only assume the leftover premiums goes back into the fund.
Hi, Do you know an equivalent of XYLD litteraly the same thing but under a canadian ticker. I'm trying to buy a Spy covered call ETF, but I don't want to buy USD to buy the US etf's. Thanks
DFN is skipping its dividend payout this month. The NAV that I can find is just about 15 though... is that still a safe bet? I'm trying to get my mother started in dividend investing but she is nervous. Are you going to do another beginner/startup video soon? Thanks
Question about 401K required distribution after 70. As I live off the dividend interest on e I retire at 62, do these required distributions create problems for me and force me to start selling my shares forcing me to reduce my 401K value and amount of shares I own?
We’ll that depends on how much you need to take out annually . You need to generate in income what comes out or the capital will be touched . This is inevitable as you get older as the minimum withdrawals get bigger as you age .
Hey Adrian. Would that mean that this is now the best time to be buying into dividend stocks to be able to buy low and still capitalize on those divided returns ? Also as a follow up , if I were to invest A certain amount of money would approx 9% a year be a reasonable return to aim for on covered call dividend stocks?
DMLP is my s and p fund. Lol. I hate that it pays quaterly. Ill probably sell it for SVOL in 10-15 years ( also to get rid of the K1 annoyance) good video.
living in panama , doesnt make him "not Canadian" ... to keep your Canadian status , you just have to make sure you set foot in the country every 6 month . A lot of people do that :)... It is like a snowbird , but all year long .
I think you can keep your TFSA, but you can no longer contribute to it since you no longer live in Canada. However, you should still be able to trade using your dividends in your TFSA.
these dont always pay no matter what. If the stock falls below the NAV the dividend is not paid and you loose two ways. no capitall appriciation and no dividend
What exactly are you talking about or referring to when you say “these” . If you mean split funds , I already mentioned it in the video … if you mean something else why don’t you give me an example to back it up ?
Congratz on your move. The weather must be nice over there ^^ Question, do you have any takes on the future of covered call with the evolution of interest rate?
I don’t think it has an impact on covered calls at all . Leveraged funds like hyld or hdif : slightly … but non material as I discussed with rob in a recent interview
What impact will increasing interest rates impact split share funds? Will the higher rates reduce the probability of split share funds paying their distribution?
@@PassiveIncomeInvesting I read about it, VWAP policy, so if VWAP is $16 div is 0.2, if VWAP is $4.99 div is 0.06 but since it's a splitcorp no div since unit NAV is below $15. Only Quadravest has VWAP policy, these folks are smart.
Just this year I began building my dividend portfolio and still have to withdraw for monthly bills. I am almost 70 and feel uncertain as to the time frame for my portfolio to recover. I haven’t sold positions as they have come down, but question if I should have had stops. Would you do anything different for someone in my position?
Great video and congratulations. As a reteree, my main concern is about finding an efficient withdrawal strategie in retirement. As a Canadian having an RSSP account, you have the obligation to withdraw a certain amount each year: that is a much more complicated problem than the accumulation problem! How to combine investment and withdrawal to minimize the risk and get the most cashflows out of the account! I would like to know the opinion of yours partners on the problem: some etf may be more appropriate than others as a solution. Thanks again for your videos.
But the money in your RRSP IS hoarded for when you will be 65 and older. By your own admission, a growth strategy will for sure beat an income strategy in the long term, so why not use the growth strategy in your RRSP? All your reasons for why you prefer the income strategy do not apply to an RRSP. For example, you will not have less peace of mind with the growth strategy in an RRSP becasue you don't need the income from the RRSP right now. So you would also not care about the day to day fluctuations in an RRSP if you use the growth strategy.
like i said, it makes me feel better. i am willing to take less total return for my consistent compounding interest. I am a PII to the core and do what I preach :)
@@PassiveIncomeInvesting I understand that it makes you feel better. But none of the objective reasons you gave as to why it makes you feel better outside of the RRSP apply to inside the RRSP. So I don't understand why it makes you feel better inside of the RRSP.
@@fasteddy-fd3kr Well obviously I know that. But if you keep regular blue chip stocks in your RRSP instead of following an income strategy then your RRSP will grow faster over the long term.
Making over $1600 a month , of which $800 is tax free... Ask me if I'm worried about my portfoilio going down... I don't even look at it! Adrian's right... with cash flow, you don't focus on the portfolio as long as cash keeps coming in every month! If anything, it's shopping sale for ETFs and Split funds..
@@PassiveIncomeInvesting I m still confused about the calculation. For example, A etf has 10% yield, current market price 10 dollars, when the market falls, it’s price down to 5$, doesn’t it usually cut dividend like some companies?, if so, 10% yield at 5$ is far less than the yield while it worths $10. I m not sure if my worry is real.
Congrats Adrian and Erica, good to see you in new place.. I subscribed today to FB ... Please approve. I agree ...I am very poor and always our of cash and I use your style to generate income that I drip manually to income or some growth ...
@@TheJoeMoneyShow market is unpredictable, a lot will happen along the way, new stocks will be created like HYLD ETHY BTCY, my income 800/m down to 600/m started from 30/m. I employed stocks swapping, best to start right away with what you have, my goal is 60K/year.
Moi je suis nerveux et craintif. Alors du 6 au 9 mai, j’ai tout vendu, Div, Hdiv, xre, Zwg! Hhl, Zwu, et beaucoup d’autres. Je me suis épargné , après calculs, 14000$ de pertes. J’ai tout replacé dans des CPG qui offrent actuellement plus de 4 % par année. Tant mieux Adrian si tu peux continuer de bien dormir avec la chute des marchés. Pour moi finalement , les actions à dividendes ne sont pas faits pour moi.
@@acirka Tous ceux proposés par ma Banque Nationale. La semaine passée j’ai acheté pour 275000$ de CPG , 3 à 5 ans, entre 4,1 à 4,42 %. Je vais dormir sur mes 2 oreilles et ne pas m’occuper des soubresaut des marchés.
@@PassiveIncomeInvesting I’m not young man anymore. At 68 years old, no time to foul around with the markets.At 40, you have lots of time ahead. That’s the difference.
ETHY lowered div to 0.025, BTCY lowered to 0.04, i lost $200 on income, on the bright side i'll still get some money instead of nothing, and now i know income from ETHY and BTCY not as reliable, lessons learned.
@@PassiveIncomeInvesting yeah that's income from covered call, now i've experienced first hand the advantage of cover call in market crash, we'll see if income will go up when price goes up, ETHY and BTCY are combo income and growth
Congratulations! Thanks for your words of advice and encouragement - it took me nearly a year after switching to income investing to quit worrying about my total portfolio value. Now I focus first on my monthly income, which goes up each month regardless of what is happening to n the markets. Keep investing/reinvesting every month - averaging costs down. On track to ultimate goal of supplementing pension income with tax free income from tfsa's - all still on track thanks to your advice and mentoring. Thanks!!! ( And I love the balcony - wish I could see more ! )
Yup it takes time not to worry anymore as a pii . Once this volatility or recession is over , you will be a veteran and REALLY not care anymore 😉 you’ll see !
There is so much information out there and once in a while I start thinking that income investing isn't for me. Then I re-watch one of Adrian's videos, which reminds me why I have chosen this path. I also think too many people think it's all or nothing, but nothing wrong with somewhere in between if that's your comfort level or it bests fit your current plan. Of course, as you get older and possibly certain life events happen, you may need to visit your investment plan (or not). Personally, I know I'll be good in retirement, but I also want a big monthly dividend income so if any or all of my kids (as adults) ever need financial help, I can say no problem without dipping into my capital. I appreciate not all parents are like this, but this is an important goal for me.
Thanks Adrian, I totally agree with your summary section. The growth investor will likely have a higher end value portfolio however the key here is income investors get to live life now and enjoy passive income on a monthly/quarterly basis. It should also be noted and many videos do show that income focused funds do tend to show lower overall value over longer periods of time vs growth focused funds even if you consider monthly dividends paid on income funds. Being able to live life now and enjoying monthly cash flow is very hard to beat, it enriches your life in so many ways.
Glad you get my message 😉
Excellent breakdown Adrian! I like the point about starting off with growth and switching to income later vs just income. I think something to add would be you never no when to sell with growth as well! Timing the market to get that total return that is always advertised with growth investing is EXTREMELY difficult. How many people do you know that are now down thousands of dollars from the January peak in the S&P 500? If they’re close to retirement this can mean the difference of tens if not hundreds of thousands of dollars. To me, income is the clear winner.
💯✔⭐Well, Adriano, studied your presentations quite a bit over the past few months and today was the day to nibble away in non registered account.😀 Looked at one of your latest vids of what you had in your portfolios and Unit Navs etc. The pull back and MacD indicator, stochastic, RSI and support level indicators and the Unit Nav price, bought 1000 shs for each of GDV, RS, ENS and FAP(In TFSA because of the switch to foreign income now.) I did repurchase SPB as I could not find a split corp that had spb in it. So Adriano, seeing how diversified you are in your portfolio really inspired me to look at a lot of your suggestions, and doing more research on them. Thank you so much! Like you have said, "Diversified is Queen aka King, and If you don't make money while you sleep, then you will work until you die." If their is more of a pull back I will look at adding to the ones I just purchased keeping in mind what % weight it is in the over all portfolio.
So, now a wait to see for more of a pullback. Lots of fun learning on your channels ! We are so fortunate to have you helping us!
Hope you had another wonderful day in your new home in Panama...and about on the balcony; It doesn't bother me because you continue to stay focused during your presentation which continues with the quality of your delivery and content. 😀💯
Good point about mental health. I actually somewhat like the volatility, I can continue buying the dip.
With growth stocks there's a lot more strategizing, trying to get in at the right price. With income it doesn't matter as much. Still might be buying some growth in the next few months, depending on how much more tech and other assets drop.
Exactly right! Add more units when it tanks....totally bought some stuff today, 1000shs of GDV, RS, ENS and a solo company SPB...and in TFSA I bought foreign income divvy FAP of 1550 shs. Keep having fun and enhancing quality of life!😀📈📉🇨🇦
Great video...watched you a few times b4. To add and idea you should consider real estate (depending on when you buy) can have very similar if not better effects of growth/income as you describe within this video of knowing you will be generating a fairly steady stream of income in that portfolio of yours. Granted, anyone owning some rentals in a swamp or out in the back woods of Iowa with population of 100 are not going to be the target...however, those in larger cities where there will always remain a demand for housing is quite a different story. When those whom are getting ready to retire--might as well have a part time job (occasionally) taking care of your rental properties as it doesn't take much unless you bought something needing alot of attention--rentals basically run themselves. An additional benefit in the US (not sure in Canada) you can depreciate your property along with expense/write-off your repairs, taxes, hoa fees, etc and that allows you to capture an income stream without being walloped at the end of year. The $11k a month portfolio is great, but for Americans, that 11k is treated mostly has ordinary income not the straight dividend where we only get taxed at 15%. I'm curious to know how many Americans get in on some of those tickers w/o jumping through a ton of issues with their TD Ameritrade, Schwab, etc accounts to obtain stocks/ETF on Toronto exchange?
Too much work ! I would never own property I want no hassle especially in Canada where the law is on the tenants side . I’d rather simply own reits for real estate . Easy
@@PassiveIncomeInvesting hassle is there for some and other not so much (me, I must have flipped the coin for not so much). I occasionally have repairs (but I bought quality and location)--so nothing seems to eat too much of the profits. When I get more than one rental ...I guess I may my tune.
These new call option ETFs coming out, especially HYLD/QYLD I'm worried many folks are going too far into these (even if they seem diversified). I'm noticing the losses you have incurred in price/initial capital...is paying yourself 1/2 of the capital you invest to get net 4-5% (i.e. the loss in capital plus the gain in income). If after 5 years you still have most of your capital--all is good and you indeed "rented" your money just like property example. However, looking at just QYLD, you never participated in QQQ/NAZ bounce---therefore your capital is being sliced up to pay your dividend. There are interesting articles and youtube videos explaining why QYLD did not enjoy the ride up but did on the way down! That analysis tells you, QYLD has to use capital to pay calls off when they are outside of the month/month range of the bets. RYLD seemed to do better in capital retention. I hope JEPI and JEPQ are a little better in capital retention and will lean that way instead of QYLD...the longer term data is going to have to play out before I believe these new ETFs are really for the best. It would not surprise me if QYLD did a reverse stock split to appear like everything is better...but all the while it takes more capital to buy the new share price and the income distribution may not keep up. OR they keep passing on the capital bleeding to the next consumer, while the initial investor appears nothing is wrong until one day these funds can't hide the "secret". Hopefully, overtime, folks will do more analysis on these covered call/option strategies to see if many are ripping off the consumer/income investor as more retirees venture into these.
Video on the balcony is not distracting.. in fact.. it's very motivating seeing the waves crash on the beach :)
Great video Adrian, and so happy to see you are in heaven 😇😇😇
Hi Adrian. Wonderful video !!! great points covered. This Question was always on my mind .
Whats your take on Harvest stocks??
Like
HYLD
HDIF
HDIV
Pls , I would appreciate your feed back, since the inception is recent.
Thanks
I have videos on all the stuff you mentioned …
So happy for your move. Enjoy. Canadians are so miss treated by Mutual funds. So glad I went DIY and sold all my Mutual funds. We experienced little to no growth owning mutual funds for far to long.
I see the ocean over your shoulder and I know we are doing this right. THX
Love the focus on the mental game, how you invest should be aligned with what makes you FEEL the best in addition to just chasing the biggest returns.
I'm so glad I retired last year and reallocated my portfolio from a dividend growth strategy to income generating. Of course it's still gut-wrenching to see so much value lost in the overall portfolio but I'm still bringing in plenty of income from my investments. I don't even need all of it, half I take, and half I re-invest so I'm definitely in a better place with an income generating portfolio !!
Nice! Congrats!
I’m in the same situation👍
Should I be worried about the Purpose Bitcoin Yield ETF cutting its distributions? I wouldn’t think so because it’s just covered call premiums which should go up in volatile times but just want to make sure. Thanks.
That’s really up to you … ok not 😉 the dividend will likely get cut but still no reason to panic sell 🐑
Was thinking the same about the etherium etf but I bought in at 8$ a share yikes me lol considering on buying more while it’s low tho
2:19 it's totally fine for me and not distracting. Nice view!
Love the Balcony Office. Next time show us a bit of the View. Our 1 on 1 help changed the direction of my investing for the better. Worthy every penny. Love the content Adrian
Your balcony looks amazing.
That was so well explained and put together. Thank you Adrian. I'm kind of pii, by means of DGI. The only income fund I have is your favourite, Canoe EIT income fund. It's done me well over the years to protect from the market down turn in 2009, 2018, 2020 and now 2022. I love watching your progression. Keep up the good work 😁
thanks! please subscribe :)
Great video. I like that you have the experience of the 2020 market crash and have seen your portfolio fall and then recover while keeping the monthly dividends rolling in. I started dividend investing just after the March 2020 crash; even though my portfolio is pulling back with the market, I am still up huge on many positions bought when the market was very low. I am once again starting to look for those great buying opportunities.
Congratulations on your move, my wife and I are in the same boat but not moving away as far...lol, I appreciate your honesty and the time you put into the videos, we do both dividend growth strategy and covered call etf strategy both make us feel very comfortable and confident in our investments. Thx again for all the time you put into your videos...cheers
Good info. Thank you
Did you buy DGS because of the fall in price? Thank you for all your work.
Thanks.
Question
Do you drip some of your stocks like dgs, rs, qyld?
Only in my wife’s rrsp and my lira account . I talk about it and show it all in my portfolio unveil videos
Good point on money shouldnt be hoarded....emergency fund but thats about it
Congratulation Adrian! 😀 Life in paradise, very happy for you and Erica!
One more benefit for Income Investors, when the market goes down, we can simply use the dividends to buy more at lower price. No new money needed. For growth investors, they need to come up with new money if they want take advantage of the market downturn.
Of course the mental health is the biggest benefit of being an incoming oriented investor. Watching your portfolio down 50% can really messes you up. But as an PII, we can remain clam and spend our energy to enjoy life instead of worrying about the market.
Spoken like a true pii
What i cant understand is... isnt it income is affected by the value of the capital? So if market is down, isnt your income goes down as well?
typically, no. that's the power of covered calls. It protects your income to a certain extent.
Great break down of the advantages of income. I primarily use a growth dividend strategy that’s in the middle but I do have approximately 14% of my portfolio in pure income investment holdings such as QYLD, DIVO, and JEPI. Love your content and congrats on the move.
Congrats Adrian on the move to Panama, as far as the markets go I only see great opportunities this summer, it helps thar I’m a glass is full kinda guy but come on this happens in the markets once in a while so we have to take advantage of it before it bounces back , bear markets are just great opportunities!
Agreed !
Congratulations on your new place.
This could be the best video to date.
Congrats Adrian to you both on the move, way to go!! I’m glad that I’m in a lot of good income ETF that you have recommended! The only one I’m worried about is ETHY? Do you think there is hope for that too get back up higher? I’m down big time and everything else has been good, thanks!
I’m not worried about it !
You can see exactly what I own and how much in my portfolio unveil videos 😉
Hey I have both BTCY and ETHY and am down but honestly I have just DCA and when it goes up hopefully then u will thank yourself....gl =)
You think any your favourite funds will reduce the dividend after recent stock crash?
Let’s wait and see . I love waiting …
Watched and liked, thanks Adriano! Congrats on the move, and all the best!
I know you said on facebook not to only look at your method but I took a whole month of January seeking the best way to invest without losing sleep at night and believe me I love a good night sleep and trust me I go bed and dream of dividends and bam I wake-up to see them in my notifications thanks Adrian for all that you have thought me and continue to do
Nice work!
Can you talk about OXLC? 15% monthly payment, What’s your opinion and prevision for this recesion times with this stock. THANKS!
looks it holds fixed income on a leveraged basis. I see nothing special about it but definitely an income focused company. Ir reminds me a bit of OPP or various other fixed income oriented leveraged closed end funds like GOF, PDI etc.
Hi Adrian, I suggest some time in the future , you and your charming wife should write and publishing a book in passive investing ? I would be first to buy ! #1 seller
Thanks buddy ! It’s definitely one of our long term goals 😉
DGS is my largest holding, but I'm aware of the risk associated to split corp fund. I mitigate the risk by using a diversification strategy to get monthly income no matter what. Right now, I'm focusing increasing my positions on covered calls etfs and svol since the VIX reflects the fear. Amazing video, Adrian. The view is stunning, and I hope you'll more outdoor videos.
SVOL is a great fund. I’ll definitely continue to increase my position on it.
Yes dgs cAn and will miss . But check out it’s performance on average annually since inception … it will stun you ( better than eit ) thanks leverage !
With caution of course 😉 it is special . This market will be a great test for it so we will see for sure how it does .
Congrats man. Finally your move is done. It was a great video, I'll be waiting for that DGS info or video. Thanks so much Adrian. Enjoy your new home. ❤❤❤
Liked 👍 Thanks 👍
Hello. I have a question in regards to DS. I am thinking about picking DS if the stock market cools off in the near future (maybe 2023). I saw DS's dividend history and the dividend was reduced to 25% during 2020 covid crash. If I pick up shares of DS at share price of $4 (let's say), would my dividend yield be locked at the lower rate forever because I picked up the shares at the market crash time? Please answer I'm new to dividend investing.
Thanks.
Ds dividend changes every month based on stock prices . It’s how it’s designed . There are not cuts or increases per say
@@PassiveIncomeInvesting So it's best to invest when the fund is low so you can grab more shares as the dividends get paid per share right
In terms of covered call income, Who's buying Call Options in a crashing market? That has to effect the amount in income those funds can generate
That’s like asking whose buying bread ? Lol
I’ve monitored the index call option premiums each month when Global X rolls into the next month on the 3rd Friday. They have stayed consistent every month this year during the downturn. Their payouts drop if the price drops but they have been receiving consistent premiums on the ATM strikes each month.
Buried in the documents on their website, they do state that they aim to payout 1% max each month. If their premiums exceed the 1%, I can only assume the leftover premiums goes back into the fund.
Thanks for the info
@@stephenrutherford XYLD, RYLD, QYLD and DJIA.
Merci beaucoup! Your strategy has changed my view on investing. Using money as a tool to inhance our life now. Bonjour de la ville de Québec. Thanks!
Awesome video, Adriano. Always a highlight of my week. Congratulations on your new home! Huge cheers 🙂
Thank you for all you do. Enjoy Panama 🙂
Hi,
Do you know an equivalent of XYLD litteraly the same thing but under a canadian ticker.
I'm trying to buy a Spy covered call ETF, but I don't want to buy USD to buy the US etf's.
Thanks
nope... your best option would be HYLD
DFN is skipping its dividend payout this month. The NAV that I can find is just about 15 though... is that still a safe bet? I'm trying to get my mother started in dividend investing but she is nervous. Are you going to do another beginner/startup video soon? Thanks
DFN unit NAV is 16.87 so class A will get regular 0.1 div.
@@efullname they announced yesterday they won't be paying the June dividend due to the NAV but they will pay I think July 8th
@@mattpherrill124 You meant DF
@@efullname lol I dont know. I'm just getting started. Lol
DFN is paying, its DF that's not www.quadravest.com/_files/ugd/78f11d_c4d71f88ed67420ca48700084a530864.pdf
Awesome view!
Question about 401K required distribution after 70. As I live off the dividend interest on e I retire at 62, do these required distributions create problems for me and force me to start selling my shares forcing me to reduce my 401K value and amount of shares I own?
We’ll that depends on how much you need to take out annually . You need to generate in income what comes out or the capital will be touched . This is inevitable as you get older as the minimum withdrawals get bigger as you age .
Hey Adrian. Would that mean that this is now the best time to be buying into dividend stocks to be able to buy low and still capitalize on those divided returns ? Also as a follow up , if I were to invest A certain amount of money would approx 9% a year be a reasonable return to aim for on covered call dividend stocks?
Yes 💡 it’s a great time for any type of investor . Taking advantage of it , well that’s up to you (them)
...but DGS is getting pretty close to $15 NAV!
Thoughts on HYLD right now?
always good
DMLP is my s and p fund. Lol. I hate that it pays quaterly. Ill probably sell it for SVOL in 10-15 years ( also to get rid of the K1 annoyance) good video.
Great points! Thank you for sharing your thoughts and perspective! Appreciate you!
Thanks Adrian. Reinforces the plan.
Looking good great video 😊
Thank you for wonderful advise enjoy life
Bow can u keep using tfsa if u live in panama now?
living in panama , doesnt make him "not Canadian" ... to keep your Canadian status , you just have to make sure you set foot in the country every 6 month . A lot of people do that :)... It is like a snowbird , but all year long .
@@lilsabin yes you can visit your family twice a year
I think you can keep your TFSA, but you can no longer contribute to it since you no longer live in Canada. However, you should still be able to trade using your dividends in your TFSA.
th-cam.com/video/VuTk0fStivU/w-d-xo.html
:)
Congratulations on your new place. I don't mind the background noise at all. Barely noticeable.
Great video. I love your closing, thanks for the information.
Always a balanced view. Thank you!
@UCB7k8VikNo85CTf1K4wIXeA Go away troll.
these dont always pay no matter what. If the stock falls below the NAV the dividend is not paid and you loose two ways. no capitall appriciation and no dividend
What exactly are you talking about or referring to when you say “these” . If you mean split funds , I already mentioned it in the video … if you mean something else why don’t you give me an example to back it up ?
Thanks for making me feel better!
I'm glad!
I see it as a "Black Friday Sale" on the Stockmarket!
Congratz on your move. The weather must be nice over there ^^
Question, do you have any takes on the future of covered call with the evolution of interest rate?
I don’t think it has an impact on covered calls at all . Leveraged funds like hyld or hdif : slightly … but non material as I discussed with rob in a recent interview
Congratulations to you and your wife, Adrian, for finally living in Panama and realizing your dreams.😎😎
I am very happy for you both...🥤🥤
What impact will increasing interest rates impact split share funds? Will the higher rates reduce the probability of split share funds paying their distribution?
I hold BK a splitcorp, i was surprised when it slightly increased its div for july
It’s based on nav , so it will go down next time
@@PassiveIncomeInvesting I read about it, VWAP policy, so if VWAP is $16 div is 0.2, if VWAP is $4.99 div is 0.06 but since it's a splitcorp no div since unit NAV is below $15. Only Quadravest has VWAP policy, these folks are smart.
Just this year I began building my dividend portfolio and still have to withdraw for monthly bills. I am almost 70 and feel uncertain as to the time frame for my portfolio to recover. I haven’t sold positions as they have come down, but question if I should have had stops. Would you do anything different for someone in my position?
Nope , do nothing . You’ll thank yourself later
You will miss the snow ❄ lol
hell no!
Great video and congratulations. As a reteree, my main concern is about finding an efficient withdrawal strategie in retirement. As a Canadian having an RSSP account, you have the obligation to withdraw a certain amount each year: that is a much more complicated problem than the accumulation problem! How to combine investment and withdrawal to minimize the risk and get the most cashflows out of the account! I would like to know the opinion of yours partners on the problem: some etf may be more appropriate than others as a solution. Thanks again for your videos.
take the minimum required by law. that is basically all you can do as far as i know :)
I hope your taking advantage of the oil covered call stock usoi
YOY 45% return
yeah the distributions have been shooting upwards!
But the money in your RRSP IS hoarded for when you will be 65 and older. By your own admission, a growth strategy will for sure beat an income strategy in the long term, so why not use the growth strategy in your RRSP? All your reasons for why you prefer the income strategy do not apply to an RRSP. For example, you will not have less peace of mind with the growth strategy in an RRSP becasue you don't need the income from the RRSP right now. So you would also not care about the day to day fluctuations in an RRSP if you use the growth strategy.
like i said, it makes me feel better. i am willing to take less total return for my consistent compounding interest. I am a PII to the core and do what I preach :)
@@PassiveIncomeInvesting I understand that it makes you feel better. But none of the objective reasons you gave as to why it makes you feel better outside of the RRSP apply to inside the RRSP. So I don't understand why it makes you feel better inside of the RRSP.
Doesn’t matter … you do you buddy !
You can have dividend stocks in RRSP and cash out the dividend at retirement. Same can be done for TFSA
@@fasteddy-fd3kr Well obviously I know that. But if you keep regular blue chip stocks in your RRSP instead of following an income strategy then your RRSP will grow faster over the long term.
Great video, the only distraction is the waves in the background. :)
Thank you! The mental health aspect is spot on!!!
JEPI JEPQ XYLD RYLD RA GOF DMLP maybe SVOL soon
Well done....how about a tour of your new home?
😉
enjoy your stay in Panama
Nice view 🙂
The wobble was fine. The background noise was annoying. Maybe get one of those mic filters or another mic with better noise filter built-in.
Ok boss !
income investing simply allows for the ease of capital removal from a portfolio if i were young growth investing would be my game but i am not
I would say it puts the priority on income , but capital removal? i wouldn't say that
Making over $1600 a month , of which $800 is tax free... Ask me if I'm worried about my portfoilio going down...
I don't even look at it! Adrian's right... with cash flow, you don't focus on the portfolio as long as cash keeps coming in every month! If anything, it's shopping sale for ETFs and Split funds..
Sounds like a true pii
@@PassiveIncomeInvesting I m still confused about the calculation. For example, A etf has 10% yield, current market price 10 dollars, when the market falls, it’s price down to 5$, doesn’t it usually cut dividend like some companies?, if so, 10% yield at 5$ is far less than the yield while it worths $10. I m not sure if my worry is real.
Etfs are not companies bud
Congrats Adrian and Erica, good to see you in new place.. I subscribed today to FB ... Please approve. I agree ...I am very poor and always our of cash and I use your style to generate income that I drip manually to income or some growth ...
If the market drops any lower Adrian will be in Nigeria for his next video in his new apartment.
Lol 😂 great ! I always wanted to visit a legit Romance scam Internet cafe operation ! I can be dr Phil’s reporter
I sold all of CLM over $10+ (knowing tech was falling…). I loaded SQQQ before I sold… Sold SQQQ as tech fell and started to re-buy CLM again
I wasn’t a 100% income investor BUT I am convinced I need to become one…
hehe
You need growth first to make 2 million minimum then go income investor and put it into reit stocks and get around 8-10% a year off it.
No , you can’t just throw a random number like 2 million out there . It’s different for each person
@@PassiveIncomeInvesting well I need 160k-200k a year minimum so 2 million portfolio
@@TheJoeMoneyShow market is unpredictable, a lot will happen along the way, new stocks will be created like HYLD ETHY BTCY, my income 800/m down to 600/m started from 30/m. I employed stocks swapping, best to start right away with what you have, my goal is 60K/year.
Where do you live ? In Monaco lol
@@PassiveIncomeInvesting Toronto
Yeah, do it indoors going forward due to background noise.
Help meeee I’m down 70k!!
What do you buy.? Can you share
Moi je suis nerveux et craintif. Alors du 6 au 9 mai, j’ai tout vendu, Div, Hdiv, xre, Zwg! Hhl, Zwu, et beaucoup d’autres. Je me suis épargné , après calculs, 14000$ de pertes. J’ai tout replacé dans des CPG qui offrent actuellement plus de 4 % par année. Tant mieux Adrian si tu peux continuer de bien dormir avec la chute des marchés. Pour moi finalement , les actions à dividendes ne sont pas faits pour moi.
Quel CPG offre 4%?
Bad decision you will regret later ….
@@acirka Tous ceux proposés par ma Banque Nationale. La semaine passée j’ai acheté pour 275000$ de CPG , 3 à 5 ans, entre 4,1 à 4,42 %. Je vais dormir sur mes 2 oreilles et ne pas m’occuper des soubresaut des marchés.
@@PassiveIncomeInvesting I’m not young man anymore. At 68 years old, no time to foul around with the markets.At 40, you have lots of time ahead. That’s the difference.
ETHY lowered div to 0.025, BTCY lowered to 0.04, i lost $200 on income, on the bright side i'll still get some money instead of nothing, and now i know income from ETHY and BTCY not as reliable, lessons learned.
Exactly it’s better than nothing . And keep in mind , the income can go back up
@@PassiveIncomeInvesting yeah that's income from covered call, now i've experienced first hand the advantage of cover call in market crash, we'll see if income will go up when price goes up, ETHY and BTCY are combo income and growth
Yeah pretty much !
really great video. thank you so much.