Thinking of selling some of my stocks and going more into ETF. Not looking at any high paying ETF, above 9%. Retired now so I want more even payments each month on my retirement account. I have owned FIE for years, dividend is good but I don’t like the high fees.
Hey Dan love that you are focusing on ETFS, I would love to see you do a breakdown on MREL curious of your take on it. Thanks man keep up the great work
I was holding this ETF for quite awhile but sold it. I don’t really like those high yield funds, they usually have higher fees and lower total returns. I prefer a total return approach, low cost index funds. If I need income I can always sell some shares. Thanks for the video.
It is a source of income. Use the funds to add to other funds to buy whatever is "on sale" at the time. Still a better hedge than holding a savings account. No need to have any stress about owning a bit of it or not. You can always sell it if it goes up and you've gotten a bit of dividend cash as well.
Funny you should mention this ETF but I'm up about 14% + divs and some other "dividend growth" stocks are at a good price. Nice time to flip them (FIE's) for something else. Win - win>@@StocktradesLtd
That doesn't make sense. Instead of locking your capital in an income producing ETF (lagging), invest in whatever you think is on sale. At 7$, it will take about a decade to get back your investment in income...You're exactly the kind of person he's talking about: you don't need the income. In the end, you do you, but you're leaving money on the table with that faulty reasoning.
Not a fan of FIE. Even if you're at a stage where you want to live off dividends/distributions the higher starting yield of FIE doesn't seem to grow over time, meaning you're losing to inflation. I'd rather have a different fund with a lower div yield but also getting div growth over time to match/beat inflation. XEI as a comparison has performed poorly over the past decade+ (I think they got burned by energy holdings) but another popular dividend ETF--VDY--has performed somewhat better with about 9.2% CAGR over the past decade plus pretty decent dividend growth. I think Canadian divdend stocks/ETFs can be ok if you're maxing out TFSA/RRSP and would put money into a non-registered instead. The tax benefits of qualified dividends is really good especially at modest total income levels. Around $50K income level those dividends are basically 0% tax. But again, it's probably better to avoid going for dividends unless you need to live off that income flow like in retirement (or close to retirement).
What ETF you want me to look at next? And sign up for our 2X Weekly Newsletter here: www.stocktrades.ca/find-more-canadian-etfs-stocks-and-opinions/
Since your talking about high distributions, TSLY I know its likely too good to be true but cant figure out exactly why
Spoiler alert: Way too good to be true 😄 An explainer video wouldn't be bad though.
How about xbm etf please
vxc cheers
BANK by Evolve, with Cover Calls, Leverage & Div payout 🍻😎🍻
I was waiting for this. Great video, thanks.
Glad you liked it!
Thinking of selling some of my stocks and going more into ETF. Not looking at any high paying ETF, above 9%. Retired now so I want more even payments each month on my retirement account. I have owned FIE for years, dividend is good but I don’t like the high fees.
Keep em coming! Pick up a tidbit here and there which helps in my investment journey
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Hey Dan love that you are focusing on ETFS, I would love to see you do a breakdown on MREL curious of your take on it. Thanks man keep up the great work
Great suggestion!
I was holding this ETF for quite awhile but sold it. I don’t really like those high yield funds, they usually have higher fees and lower total returns. I prefer a total return approach, low cost index funds. If I need income I can always sell some shares. Thanks for the video.
Awesome!
Love the videos, love the channel. Would you review DOL or another consumer defensive?
Trying to stick to ETFs on the channel. Head to our site for stocks!
One etf I would like a second opinion on for the fixed income portion of a retiree's portfolio is HPYT
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It is a source of income. Use the funds to add to other funds to buy whatever is "on sale" at the time. Still a better hedge than holding a savings account. No need to have any stress about owning a bit of it or not. You can always sell it if it goes up and you've gotten a bit of dividend cash as well.
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Funny you should mention this ETF but I'm up about 14% + divs and some other "dividend growth" stocks are at a good price. Nice time to flip them (FIE's) for something else. Win - win>@@StocktradesLtd
That doesn't make sense. Instead of locking your capital in an income producing ETF (lagging), invest in whatever you think is on sale. At 7$, it will take about a decade to get back your investment in income...You're exactly the kind of person he's talking about: you don't need the income. In the end, you do you, but you're leaving money on the table with that faulty reasoning.
good day.. Can you have a look at ENCC, Horizons Cdn Oil & Gas and Equity, Cheers thanks
Good call!
Great vid, coulbbe fun to do etf battles ( comparison)
Genius!
Thanks for the great content :)
My pleasure!
I think the next best thing after the AI wave will be Quantum Computers. Could you go over QTUM etf from Defiance?
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Not a fan of FIE.
Even if you're at a stage where you want to live off dividends/distributions the higher starting yield of FIE doesn't seem to grow over time, meaning you're losing to inflation. I'd rather have a different fund with a lower div yield but also getting div growth over time to match/beat inflation.
XEI as a comparison has performed poorly over the past decade+ (I think they got burned by energy holdings) but another popular dividend ETF--VDY--has performed somewhat better with about 9.2% CAGR over the past decade plus pretty decent dividend growth.
I think Canadian divdend stocks/ETFs can be ok if you're maxing out TFSA/RRSP and would put money into a non-registered instead. The tax benefits of qualified dividends is really good especially at modest total income levels. Around $50K income level those dividends are basically 0% tax. But again, it's probably better to avoid going for dividends unless you need to live off that income flow like in retirement (or close to retirement).
Awesome comment!
Evolves ETSX and ESPX no body seems to talk about those etfs. Thanx
For sure!
Could you review HXT in comparison to XIU? Thank you.
He did HSX. So apply that video to HXT, but for HXT its fee is half the fee of XIU.
Could you please review if Goldman Sachs covered call etfs are buy right now as the market is at all time highs
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Don't need to buy Canadian dividend fund; just invest directly in 2-3 banks and invest the rest elsewhere.
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7% is too low for me. Can you review QQQY?
Can you do an xbm etf video please
Nice call!
haven't looked at this one in years I don't have any shares of this etf
Can you cover FFH please?
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Just my 2cents worth but perhaps you should have commented on the tax implications of owning this etf
Actually a good idea.
MREL, perhaps.
Thanks
No problem
HXQ and ZNQ
Good suggestions!
I second HXQ please
Thought you were going to say
D F N
No. 😂
Hey is that a Kirkland knock off lol
It's not a knock off its the real deal 😂. $30 and more comfortable than plenty of $80 hoodies I own haha
I like it. It does look high quality 🙂
Do you work with the other guy anymore?