according to the dividend channel, ftn is up about 19% year to date in 2024. as of july 22 24, its NAV as estimated by mouserman at stockhouse is $8.60 a 21 cent premium over today's closing market price of $8.39. With interest rates coming down, FTN should only perform better over the rest of 2024. I own a few thousand shares of FTN and will continue to hold it.
sounds like you know what you are invested in. but its def. not at a 21 premium. the lates UNIT NAV is 18.49 on their website so the class shares have a NAV of about 8.49 right now. its trading Approx. at PAR to NAV now.
I also own a some shares in my TFSA and an account that’s not my TFSA and it’s up 49 cents a share since I bought it. I live in Canada so I’ll also hold it
This is a problem for me. I have used your picks and successes to guide what I do (thank you very much, by the way), and if your tax situation as a Canadian non-resident changes your picks, that may not match what I should do as a Canadian resident. Damn. I’ll need to find a new guy to follow, as this stuff is so far beyond me, I feel like a fish staring at a submarine.
your assessment is right (kind of) but it doesn't mean you can no longer follow my journey. i will still invest in the same strategy with the same style you know i offer 1 on 1 coaching sessions right?
i don't know... its not as easy to calculate that because i had different amounts of FTN in different years in multiple accounts. so i cant tell you. i can only say for sure what the total return was at the end
if you check the dividend channel over the last few years, the annual rate of return on FTN has been poor as financials were negatively impacted by covid in 2020. however, 2024 is showing as a good year for FTN being up 19% year to date, jul 22 24.
A few years but that’s difficult to calculate since I had different amounts and gradually added over the years . Definitely not as good as an sp500 or nasdaq . That’s for sure
Selling FTN seems like a bad movement at this point in time against the rate drop environment. I have close to 10000 units and my average cost is 8.65.
@@PassiveIncomeInvesting as a paying member of your inner circle I would expect more of a response than "over a long period as every bit of information helps me in my journey into investing. If you take your initial investment of $80.102, subtract your loss of $7,225 and add dividend income of $19,000 the gross value ends up being $91,787. That's roughly a 15% return so if I take a long period of time to be 10 years that is a 1.5% annual return. A GIC at 5% over 10 years would give me $130,000
as a paying member of your inner circle I would expect more of a response than "over a long period as every bit of information helps me in my journey into investing. If you take your initial investment of $80.102, subtract your loss of $7,225 and add dividend income of $19,000 the gross value ends up being $91,787. That's roughly a 15% return so if I take a long period of time to be 10 years that is a 1.5% annual return. A GIC at 5% over 10 years would give me $130,000
No idea . They don’t have the past years tax forms on the website. I also cannot tell you where the income went . Some to expenses , some reinvested . Not sure why this matters ? All that matters is the value of the investment (capital + income )
@@PassiveIncomeInvestingsorry I mean is it suitable for long-term holding? Since the company changed its name to Global X, the price has dropped significantly.
I got FTN in my TFSA so no tax :)m I also have a question why having BANK and FTN ? I know BANK is only Canadian but FTN half is Canadian too, so keep both or sold BANK to buy FTN to have a US exposure? =
Their website doesn't give me a good vibe.
Yea it’s horrible
according to the dividend channel, ftn is up about 19% year to date in 2024. as of july 22 24, its NAV as estimated by mouserman at stockhouse is $8.60 a 21 cent premium over today's closing market price of $8.39. With interest rates coming down, FTN should only perform better over the rest of 2024. I own a few thousand shares of FTN and will continue to hold it.
sounds like you know what you are invested in. but its def. not at a 21 premium. the lates UNIT NAV is 18.49 on their website so the class shares have a NAV of about 8.49 right now. its trading Approx. at PAR to NAV now.
I also own a some shares in my TFSA and an account that’s not my TFSA and it’s up 49 cents a share since I bought it. I live in Canada so I’ll also hold it
July 19. FTN nav is approximately 18.55. Currently trades at a 2.45% discount
This is a problem for me. I have used your picks and successes to guide what I do (thank you very much, by the way), and if your tax situation as a Canadian non-resident changes your picks, that may not match what I should do as a Canadian resident.
Damn. I’ll need to find a new guy to follow, as this stuff is so far beyond me, I feel like a fish staring at a submarine.
your assessment is right (kind of) but it doesn't mean you can no longer follow my journey. i will still invest in the same strategy with the same style
you know i offer 1 on 1 coaching sessions right?
11:07 what’s your annual return rate on that 11,800 on the original investment over however many years?
@@roberttaylor3594 yes, that would be important to know!
i don't know... its not as easy to calculate that because i had different amounts of FTN in different years in multiple accounts. so i cant tell you. i can only say for sure what the total return was at the end
if you check the dividend channel over the last few years, the annual rate of return on FTN has been poor as financials were negatively impacted by covid in 2020. however, 2024 is showing as a good year for FTN being up 19% year to date, jul 22 24.
QQCL brings more income than HYLD. What not have more of the former?
Thanks Adrian, always appreciate the updates and understand your tax position may be different than others.
Thank-you for the video. The measure of any investment is the Rate of Return.
How long did you hold FTN to generate the income you listed?
A few years but that’s difficult to calculate since I had different amounts and gradually added over the years . Definitely not as good as an sp500 or nasdaq . That’s for sure
Selling FTN seems like a bad movement at this point in time against the rate drop environment.
I have close to 10000 units and my average cost is 8.65.
could be.... I could have maybe waited to break even capital wise, but again, this move was done for a very specific and personal tax reason.
Would you replace FTN with BKCL?
Questions are they drawing down from their assets to pay the distribution and represent it as ROC? If so that brings NAV down right
Just so I can make sense of the math, when did you buy the 8920 shares of FTN?
Over a long period of time
@@PassiveIncomeInvesting as a paying member of your inner circle I would expect more of a response than "over a long period as every bit of information helps me in my journey into investing. If you take your initial investment of $80.102, subtract your loss of $7,225 and add dividend income of $19,000 the gross value ends up being $91,787. That's roughly a 15% return so if I take a long period of time to be 10 years that is a 1.5% annual return. A GIC at 5% over 10 years would give me $130,000
as a paying member of your inner circle I would expect more of a response than "over a long period as every bit of information helps me in my journey into investing. If you take your initial investment of $80.102, subtract your loss of $7,225 and add dividend income of $19,000 the gross value ends up being $91,787. That's roughly a 15% return so if I take a long period of time to be 10 years that is a 1.5% annual return. A GIC at 5% over 10 years would give me $130,000
@@esty26bruh imagine being a paid member just to get a response like that
ethy next?
Ethy is very tax efficient for me
Ethy crushing it ...depends on your DCA and when you entered.
Not a good time to sell ETHY as Ethereum etfs in the states will be approved Tuesday July 23rd
@seanstours3913 agreed, I'm holding on till then!
@@andyambrozic2922 the best is yet to come either this fall or 2025 for these ETFs…just wait until BTCY and ETHY monthly dividend is increased.
Nasdaq discussion for next video?
Thanks Adrian. Do you still share your portfolio that I could download? Thanks!
on my website, always
Adrian, of the $19K return, how much of that was ROC? Did you automatically reinvest the ROC as you received it?
No idea . They don’t have the past years tax forms on the website. I also cannot tell you where the income went . Some to expenses , some reinvested . Not sure why this matters ? All that matters is the value of the investment (capital + income )
Never had FTN, though DCA is a good strategy for swapping w/c i think your next move for RS, then swap RS for RMAX?
unfortunately no. i need to sell RS due to the very same reasons as FTN (kind of)
What about $ENCC？
what about it?
@@PassiveIncomeInvestingsorry I mean is it suitable for long-term holding? Since the company changed its name to Global X, the price has dropped significantly.
I got FTN in my TFSA so no tax :)m I also have a question why having BANK and FTN ? I know BANK is only Canadian but FTN half is Canadian too, so keep both or sold BANK to buy FTN to have a US exposure?
=
there is overlap between them yes. but FTN is a Split fund and BANK is an ETF
@@PassiveIncomeInvesting so does it better to keep both for monthly income or keep just on?
Thanks G.
lets get it
Good review AdriaN
Glad you think so!
Sounds like a used car salesman whne he's not talking stocks but some decent info on FTN
i always buy used cars
Bro why would i pay lots of free stuff out there no need to pay your circle
For extra vidoes , livestreams , a weekly report , live trade alerts and more . And a way to support me further and show your appreciation? 😉
@@PassiveIncomeInvesting Always appreciate your honesty. Working hard on my journey!