Mistake @13:12: I said "for every cent the CAD dollar gets weaker , i make 4k more income a month" . What I meant to say was that "for every cent...my account value goes up by 4k" (I wish my income would go up by 4k/month lol)
I am a 70 year old retired Income investor. I am sure you have a segment of followers who are in my position. Four months ago you showed your Dad's RRIF Portfolio. It was a perfect example of a Passive Investing portfolio for retired, income investors. Would you please consider doing quarterly update(s) of your father's portfolio? Also I would like to gift my daughter the Passive Investing DIY Investing Package for Christmas. Do you offer a Gift Card?
i talked about my dads RRIF in the latest members only livestream. check it out :) also i dont do gift cards. contact me directly and well work something out
DFN is paying a dividend next month... maybe pick some of that up? I've been buying when it was at $3.75 to give me over 30% yield, I feel it will pay dividends again fairly consistently next year when bank interest rates drop.
How would your strategy change if you didn't need the dividends to live? Would you just drip the dividends back into the etfs, or would you own something completely different?
I made similar changes when I saw the portfolio changes video as a PII member. Those new Horizons ETFs, along with CONY, JEPY, and QQQY brought my dividends up considerably. Thanks Adrian.👍
8:11 JEPY & QQQY are not a covered call strategy, theyre put write etf's. Having that much in put selling etf's will be brutal if (when) we have a market down trend. The price of the funds obviously will tank, but what will happen to the monthly option premium? I assume its going to be much smaller on the put side compared to where its at (and compared to call selling etf's) in our current market climate. And why get rid of CONY now with the biggest distributions coming?
The only saving grace is that those that hold these funds in an IRA, and want to do a Roth conversion, the blow-up will allow devalued shares to be converted with less tax consequences. For everyone else, these funds need to select the correct strike prices and adjust distributions to make everything sustainable.
i would like to know how much new money did you add to the portfolio during de last 12 months? 9 monts ago portfolio value 1.1M$ and 12k$/month in dividend. How can you double the dividend per month with only 100k$ up in portfolio value? The numbers let me think the portfolio value was grinding down and you add new funds so thats why you pass from 12k to 24k/ month in distribution...?? thanks in advance for feedback
@@PassiveIncomeInvesting not sure i understand... yield = distribution reveive... 24k/M instead of 12k/M... you dont add money?? weird!! how much new capital add?
Honest question, I am no mathematician, but one thing I have always questioned is if you sell at a loss, do you tally that up somewhere on that sheet? For example, if you were to sell FTN, which would be a capital gain realized loss, would/do you subtract that loss from your Total Capital Gains number?
DGS nav (Class A and Pref) was $15.17 on Dec 14th. As long as the NAV stays at $15 or better after distributions it's supposed to pay isn't it? I hope so, those turkeys owe us some divs!
Just being nit picky....but when you download your November 2023 update it is titled "Update-31-Nov.-2023". 30 days hath September, April, June and November.....
Your videos pop up on my watch list from time to time the last time i saw you I think you moved out the country to south America somewhere but every time i see your monthly income its always way more than last i saw congratulations
Adriano, would really love maybe a future video on your expert opinion that would address what ETF's you would purchase today if you were going into retirement - lowest risk, highest yield both in US and Canada. I believe someone below has also requested this.
What is the objectives between your main and retirement account? New to the channel (i am also PII). Are you pairing less risk with short-term period as the main (12% yield) so you can liqudate at anytime, and bigger risk with long-term period as the retirement (30%+ yield)?
welcome! not exactly.... the goal is the same, but im just not touching the RRSPs yet. ill have an updated Portfolio FAQs video where ill go through everything there. but dont be mislead by the high yield. yield does not equal return
Awesome video …real job as always … I have been watching your videos from few months since I knew about this channel. I have a question How you will buy/convert CAD to US dollar stocks each month. What is the tax/fee for quest trade..? Thank you 😊
Nice changes to your portfolio Adrian! A lot of new income oriented funds have been released in 2023, so make total sense to do some swaps. With latest update, I am guessing that you will hold these for a long long time, of course unless something better comes along. What you are doing is like showing us the road ahead. 😄 And, we too can build a strong portfolio and have this massive PI. ✊ Thank you!
Hi Adrian thanks for good knowlegde content sharing ! i was wondering if the amont of transactions you do on your tfsa account need to be declare to the arc or the amount of transactioin is prety safe to deal and still no taxe ? sorry for wrong word a wrong place english is my second languages.
It's also gonna give HYLD a little bit of growth perspectives and overall stability. I like the more streamlined funds with 12-15 holdings like HMAX or SMAX as opposed to the huge ones like RYLD. It's my biggest holding as well. Where can we find the prospectus for the new funds. I don't see it on their website?
Hey Adrian, quick question. I have downloaded your portfolio before to help me tweak my own but that was years ago. I've recently came back to download a new version since I don't seem to have it anymore but when I try to open it, it pops up as it has been downloaded but when I try to open it, I have my internet browser page that opens and immediately closes. I don't know how to make it work. Any idea or tips?
No more capital gains as a non-resident correct ? You seem to be saying that you pay withholding on capital distribution, that doesn't sound right to me, at least that's not what I was expecting.
as far as i know , no. but remember that when i declared non residency in 2022, i paid my asset disposal tax. so its like i already sold everything i bought prior to that date
How much of the 402K realized profit have you spent? Do you have cash set aside for more investments ready to go? I don't see a line item for cash in the spreadsheet.
@@Adman-p4j That can't be the case, because if so, then at 29:40 on the right the "Total Portfolio Value + Total Profit" would not make sense. You can't count realized profit twice. If realized profit is reinvested, then it would be part of the current portfolio. He could have realized gains and losses on individual holdings, but you can't add $760,000 and $402,333 to get $1,162,333. If he sold it all today, he'd have $760,000 from his account plus $402,333 from under his bed, or maybe he spent some on living expenses, trips or whatever, with a total return of 46.4% by my calculation.
I thought the same, if the income received is reinvested, then the current portfolio value includes this income. It would be considered twice, once in the Current portfolio value and again in the Total profit. It only makes sens if the gross income received have been widthdraw from the account. BTW great job on your videos, always looking forward for the next one.
Hi Adrian. Love the channel. I was wondering that since you live off your tfsa and non-reg account, why not invest in more total return investments like total market index funds in your rrsp? Thanks.
If I own a cdn rrsp account and buy US ETFs in it, is there a way to get the dividends paid in USD, or will it get converted back to CDN cash, and essentially have to pay the conversion twice if I reinvest the dividends? Does anyone have info..
@@bryanhildebrand2233 The account is in CAD dollars by default, but there is a currency conversion link, you enter what amount of CAD you want to convert and there will appear a USD section. Any US dividend will pay into the US portion of the account.
@@PassiveIncomeInvesting That is so true I will keep it for 2024 to become inner circle member.I will be hitting $500 a month in all my accounts as promised to you earlier to you this year. Targeting $800 -$1000 a month for 2024
This style of “investing” looks more like gambling. How can you rely on these meme funds that have existed only for a couple of months to fund your retirement?
@@michaelrhodes6461 Panama is a roach infested craphole 3 world country. It's no Malibu Beach LOL. It has no extradition laws with Canada which is huge for an IT guy charging people $$$ for financial advice. This would be illegal in Canada. Put the 2 and 2 together.....
It's not the NASDAQ100 that is risky. It is what Defiance is doing in this ETF. QQQY makes new lows and lower highs if this continues Defiance will have to do a reverse split to keep this ETF alive. @@PassiveIncomeInvesting
Very good Adrian , sold my eit 2 months ago and htae last month and replaced with qqqy ...the reason for my sell off is to take my capital gains and replace it with a higher yield , I own 17 different ETFs and will sell most with a capital gain , I don’t fall in love with a etf . 😊
I also sold my eit & htae at a profit a while back. I always preach not to fall in love with any fund. I've basically fallen out of love with split funds. I now only buy a split fund that is selling at a discount to nav...... recently bought more DGS at a discount which is my only split fund. It is also paying a dividend in January. If it gets back to $6.00 a share I'll be selling it again.
Mistake @13:12: I said "for every cent the CAD dollar gets weaker , i make 4k more income a month" . What I meant to say was that "for every cent...my account value goes up by 4k" (I wish my income would go up by 4k/month lol)
Question for you I currently have like 15k and n qyld would you suggest hyld and instead ??
I am a 70 year old retired Income investor. I am sure you have a segment of followers who are in my position. Four months ago you showed your Dad's RRIF Portfolio. It was a perfect example of a Passive Investing portfolio for retired, income investors.
Would you please consider doing quarterly update(s) of your father's portfolio?
Also I would like to gift my daughter the Passive Investing DIY Investing Package for Christmas. Do you offer a Gift Card?
i talked about my dads RRIF in the latest members only livestream. check it out :)
also i dont do gift cards. contact me directly and well work something out
DFN is paying a dividend next month... maybe pick some of that up? I've been buying when it was at $3.75 to give me over 30% yield, I feel it will pay dividends again fairly consistently next year when bank interest rates drop.
i am personally steering more towards ETFs now to ensure i always get paid
Smart move with DFN. I dollar cost averaged down and can’t wait to collect some heavy dividends in the coming years
How would your strategy change if you didn't need the dividends to live? Would you just drip the dividends back into the etfs, or would you own something completely different?
I remember when EIT was your favourite stock. Now it’s gone.
EIT is awesome
I made similar changes when I saw the portfolio changes video as a PII member.
Those new Horizons ETFs, along with CONY, JEPY, and QQQY brought my dividends up considerably. Thanks Adrian.👍
Thanks for sharing
Loving CONY. Going to buy more. I plan to pick up MRNY and AMD, and Yield Max AI ETF. Big believer.
@@silas232003
I added AIYY to my portfolio.
You may also what to look at FEPI.
CONGRATULATIONS Adriano! You’re doing so well - very motivating for all of us! 🎉
Thanks so much!!
8:11 JEPY & QQQY are not a covered call strategy, theyre put write etf's. Having that much in put selling etf's will be brutal if (when) we have a market down trend. The price of the funds obviously will tank, but what will happen to the monthly option premium? I assume its going to be much smaller on the put side compared to where its at (and compared to call selling etf's) in our current market climate.
And why get rid of CONY now with the biggest distributions coming?
Absolutely correct. A sustained down market will blow-up these ETFs and DRIPPING into these funds will exacerbate the losses.
The only saving grace is that those that hold these funds in an IRA, and want to do a Roth conversion, the blow-up will allow devalued shares to be converted with less tax consequences. For everyone else, these funds need to select the correct strike prices and adjust distributions to make everything sustainable.
This is what I look forward to every month
i would like to know how much new money did you add to the portfolio during de last 12 months? 9 monts ago portfolio value 1.1M$ and 12k$/month in dividend. How can you double the dividend per month with only 100k$ up in portfolio value? The numbers let me think the portfolio value was grinding down and you add new funds so thats why you pass from 12k to 24k/ month in distribution...?? thanks in advance for feedback
the big jump is mostly from the RRSP changes. but remember Yield does NOT equal return
@@PassiveIncomeInvesting not sure i understand... yield = distribution reveive... 24k/M instead of 12k/M... you dont add money?? weird!! how much new capital add?
Folks you have to love Adriano. He has educated so many of us, you can see the passion in his presentations. Thank you Ambassador Adriano!!!!
Honest question, I am no mathematician, but one thing I have always questioned is if you sell at a loss, do you tally that up somewhere on that sheet? For example, if you were to sell FTN, which would be a capital gain realized loss, would/do you subtract that loss from your Total Capital Gains number?
Can anyone explain how this works? Am I out of it?
The new portfolio spreadsheet is beautiful! Thanks so much for sharing.
Glad you like it!
Digging the new excel template. Thanks for continuing your portfolio updates!
Glad you like it!
Why did you sell CONY?
In your RRSP, do you buy the US stocks in your CDN account or US account?
in Questrade you have dual currency accounts. so you only have 1 account
Inspiring! I wish DGS would pay, but the key is patience. The market is slowly recovery. Great video!
I hear you about DGS!
I think DGS will pay in January.
DGS nav (Class A and Pref) was $15.17 on Dec 14th. As long as the NAV stays at $15 or better after distributions it's supposed to pay isn't it? I hope so, those turkeys owe us some divs!
@@ptsb5a ... all signs point to a distribution payout for January.
@@ptsb5a it's official now...... it IS paying!!!
I was wondering if the excel is available where can I find it to download it. Thx
Hi!
Any idea what percentage of the $24,524 is ROC?
Excellent and more easy to manage your portfolio.
Very nice. I'm always increasing my position in SVOL as well. 👍💰💰💰💰
Just being nit picky....but when you download your November 2023 update it is titled "Update-31-Nov.-2023". 30 days hath September, April, June and November.....
How much of these do you hold in a TFSA or how much are in a regular account that is being taxed?
@passiveincomeinvesting- sorry if I missed it....but I noticed you have gone to the Defiance funds vs the Yieldmax funds. What are the main reasons?
Your videos pop up on my watch list from time to time the last time i saw you I think you moved out the country to south America somewhere but every time i see your monthly income its always way more than last i saw congratulations
Panama :)
Adriano, would really love maybe a future video on your expert opinion that would address what ETF's you would purchase today if you were going into retirement - lowest risk, highest yield both in US and Canada. I believe someone below has also requested this.
Thanks for the update!
What is the objectives between your main and retirement account? New to the channel (i am also PII). Are you pairing less risk with short-term period as the main (12% yield) so you can liqudate at anytime, and bigger risk with long-term period as the retirement (30%+ yield)?
welcome! not exactly.... the goal is the same, but im just not touching the RRSPs yet. ill have an updated Portfolio FAQs video where ill go through everything there. but dont be mislead by the high yield. yield does not equal return
Awesome video …real job as always … I have been watching your videos from few months since I knew about this channel. I have a question How you will buy/convert CAD to US dollar stocks each month. What is the tax/fee for quest trade..? Thank you 😊
Hey Adrian love your channel, is there any chance you can do a video on ISPY FEPI and THTA (new ETFs)
so many to get to now on the U.S. market! i will eventually
@@PassiveIncomeInvesting Thanks🙏🏽
What IS UNIQUE - about the Horizons BKCL ETF fund ? Thanks for your input 😊
Passiv looks like a good tool but am I correct it doesn’t work for Canadian Broker Accounts such as BMO InvestorLine or TD WebBroker?
it can work but not all features. try it out!
Nice changes to your portfolio Adrian! A lot of new income oriented funds have been released in 2023, so make total sense to do some swaps. With latest update, I am guessing that you will hold these for a long long time, of course unless something better comes along. What you are doing is like showing us the road ahead. 😄 And, we too can build a strong portfolio and have this massive PI. ✊ Thank you!
Very good Adrian - very impressive, and at the same time - you have helped many people to learn how to help themselves - using real life examples 😊
Hi Adrian thanks for good knowlegde content sharing ! i was wondering if the amont of transactions you do on your tfsa account need to be declare to the arc or the amount of transactioin is prety safe to deal and still no taxe ? sorry for wrong word a wrong place english is my second languages.
Your main portfolio is that your TFSA account or other?
Thanks for all the work you do!
Never hear what you would sell for US Portfolio holders? Don't know why I paid $99.00 to be a member?
Thanks for the update as always!
Hi I would like to see a separate TFSA and Non-Reg breakdown instead of a combined. I just bought USCL with 2024 TFSA contribution. Bye
It's also gonna give HYLD a little bit of growth perspectives and overall stability. I like the more streamlined funds with 12-15 holdings like HMAX or SMAX as opposed to the huge ones like RYLD. It's my biggest holding as well. Where can we find the prospectus for the new funds. I don't see it on their website?
its on the sedar site but that site is a nightmare
Hey Adrian, quick question. I have downloaded your portfolio before to help me tweak my own but that was years ago. I've recently came back to download a new version since I don't seem to have it anymore but when I try to open it, it pops up as it has been downloaded but when I try to open it, I have my internet browser page that opens and immediately closes. I don't know how to make it work. Any idea or tips?
sounds like you got a pop up blocker
@@PassiveIncomeInvesting Not a pop up blocker. It's really annoying haha. Says I need permission?
No more capital gains as a non-resident correct ? You seem to be saying that you pay withholding on capital distribution, that doesn't sound right to me, at least that's not what I was expecting.
as far as i know , no. but remember that when i declared non residency in 2022, i paid my asset disposal tax. so its like i already sold everything i bought prior to that date
How much of the 402K realized profit have you spent? Do you have cash set aside for more investments ready to go? I don't see a line item for cash in the spreadsheet.
I don't think he's spending the realised profit - I think he has been reinvesting it.
@@Adman-p4j That can't be the case, because if so, then at 29:40 on the right the "Total Portfolio Value + Total Profit" would not make sense. You can't count realized profit twice. If realized profit is reinvested, then it would be part of the current portfolio. He could have realized gains and losses on individual holdings, but you can't add $760,000 and $402,333 to get $1,162,333. If he sold it all today, he'd have $760,000 from his account plus $402,333 from under his bed, or maybe he spent some on living expenses, trips or whatever, with a total return of 46.4% by my calculation.
I thought the same, if the income received is reinvested, then the current portfolio value includes this income. It would be considered twice, once in the Current portfolio value and again in the Total profit. It only makes sens if the gross income received have been widthdraw from the account.
BTW great job on your videos, always looking forward for the next one.
Is withholding tax refundable next year upon tax return filing for non residents?
no i dont think so :(
Have done a video on the Harvest ETF HTAE ?
Hi Adrian. Love the channel. I was wondering that since you live off your tfsa and non-reg account, why not invest in more total return investments like total market index funds in your rrsp? Thanks.
i get that question all the time: the quick answer: i like the income style of investing. it makes the most sense to me. dont need it? DRIP it
Finally!, Well done!
Wait I don't understand as I'm new, are you saying by investing $120k into QQQY then you make 78k annual income? That's insane ROI.
no, Yield does not = return. that's just based on the first distribution
@@PassiveIncomeInvesting so basically it's not guaranteed income, just what they are aiming for?
If I own a cdn rrsp account and buy US ETFs in it, is there a way to get the dividends paid in USD, or will it get converted back to CDN cash, and essentially have to pay the conversion twice if I reinvest the dividends? Does anyone have info..
Dividends are paid in USD, you can have a cad section and USD section.
@@crazywaffleking
So I don’t need a separate USD account then? It will automatically put USD in my CDN RRSP account no conversion afterwards?
@@bryanhildebrand2233 The account is in CAD dollars by default, but there is a currency conversion link, you enter what amount of CAD you want to convert and there will appear a USD section. Any US dividend will pay into the US portion of the account.
Keep up the good work, dude.
Thanks, will do!
Looks like someone will be eating good tonight judging from the latest MAXI div. release.
$DGS is paying dividends again on January 15, 2024! 👍👍
I also sold out of all Yieldmax and KLIP Only kept JEPY and QQQY🤣 We are thinking alike eventhough I am not inner circle member yet🙏🙂
what are you waiting for? its 3 $ lol
@@PassiveIncomeInvesting That is so true I will keep it for 2024 to become inner circle member.I will be hitting $500 a month in all my accounts as promised to you earlier to you this year. Targeting $800 -$1000 a month for 2024
No HEQL? Thought it was a game changer. What happened?
lol yes it is. for growth investors. im not a growth investor
😎👌🤝🙌👏 Thank you for the transparency and awesome job. Wish you an even better year in 2024.
Thank you too!
I believe you will invest in the all in one Yieldmax funds in 2024 lol
lol that's an idea!
This style of “investing” looks more like gambling. How can you rely on these meme funds that have existed only for a couple of months to fund your retirement?
Retired,living in Panama off your dividends.I call that winning
@@michaelrhodes6461 🐑
lol "meme funds" that's awesome
Exact same risk as owning the passive index’s. Just getting returns now instead of selling off later
@@michaelrhodes6461 Panama is a roach infested craphole 3 world country. It's no Malibu Beach LOL. It has no extradition laws with Canada which is huge for an IT guy charging people $$$ for financial advice. This would be illegal in Canada. Put the 2 and 2 together.....
QQQY is way to risky haha
the NASDAQ100 index is risky?
It's not the NASDAQ100 that is risky. It is what Defiance is doing in this ETF. QQQY makes new lows and lower highs if this continues Defiance will have to do a reverse split to keep this ETF alive. @@PassiveIncomeInvesting
Very good Adrian , sold my eit 2 months ago and htae last month and replaced with qqqy ...the reason for my sell off is to take my capital gains and replace it with a higher yield , I own 17 different ETFs and will sell most with a capital gain , I don’t fall in love with a etf . 😊
I also sold my eit & htae at a profit a while back. I always preach not to fall in love with any fund. I've basically fallen out of love with split funds. I now only buy a split fund that is selling at a discount to nav...... recently bought more DGS at a discount which is my only split fund. It is also paying a dividend in January. If it gets back to $6.00 a share I'll be selling it again.