2024 biggest lesson learned was to move from pure growth investment mindset (and huge stress during market drops) into pure income and total return focused mindset. This means I'm looking forward to 2025 with increased volatility and more distribution income. Thank you Adriano!!
What do you mean? The stock market is at peak and will continue to extend to new record highs. It has been this way for at least the last 220 years (as was shown in a graph that Adrian recently presented from Harvest). If your assertion is correct, we should soon see the market decline at some point and never return to the level it is at now. Yes, I know the political/economic situation can look bleak nowadays, but would you prefer to be living through the War of 1812, WW1, WW2, 9/11, and the financial crisis of 2008, just to name a few?
My biggest lesson came by way of Adrian's videos. Through his explanations and income investing style it encouraged me to switch from individual stocks to index based covered call ETF's. My investing portfolio has done well as a result.
Hi Adrian, and happy New Years! Thanks for all your help in 2024, and this overview summed it up perfect!! Keep up the great work!! Svend, from New Hampshire. Look forward to talking when I schedule a call soon.
@@PassiveIncomeInvesting by the way... when I sign up for a call with you, is there an email for you I can send my 15 fund portfolio, which is what I want to discuss with you on our call... Thanks!
ya, I have some losses in my TFSA; I should have gone non registered until I was sure it would be a winner...those 'fun', or speculative things. Good advice on the Total Returns.
Lessons learned in 23/24 for me was I was too afraid to lump sum so I just DCA although you consulted me to go all in lump … it was too hard to do but i underperformed as I kept DCA at all time highs! lol 😂 oops Oh well at the end of the day we must also do what’s comfortable & jist keep investing
It could have went the opposite way for you as well. Do what your comfortable with. NOBODY is certain on the market behavior or can give the perfect advice.
How about giving retirees or near retirees a little bit of love and some opinions and insight into what they should be looking for in the passive investing space
Hey Adrian. An important note is that HYLD is no longer CAD hedged. Its underlying holdings are not currency hedged. If you go to QMAX and SMAX for example under “Currency Hedging” it says None. What might be confusing is that for HYLD it says under “Ticker” HYLD (CAD Hedged) because there is a USD version. But the “Currency Hedging” attribute is gone for HYLD, so look at the underlying holdings. Maybe a good thing to clarify with Hamilton ETF’s if you have them on the channel again, but I strongly expect it to be the case that it is no longer currency hedged like it was in the past. Thanks!
I looked at the web pages for HYLD and HYLD.U. HYLD says it is "CAD Hedged" while HYLD.U says "USD Unhedged." It means that the Canadian dollar version of the fund is hedged while the one that trades in U.S dollars is unhedged. So nothing unusual about either of these cases.
That’s not under the currency hedging attribute. They don’t have it for HYLD. Look at SMAX or QMAX and you’ll see a distinct “Currency Hedging” attribute under fund details. If it’s actually hedged, they should include it. But I don’t think it is. All the underlying holdings are not hedged and HYLD’s performance looks like 1.25 times its underlying. If it was hedged it would’ve massively underperformed the underlying in 2024
Awesome video!! Can you do a video about a new income-oriented ETF's company called NestYield. It's just came out in December 26 2024 and it has Jay Pestrichelli as it's CEO!!!
220k$ at 12% yield compound will be 1 million in 14 years... but believe me with the growth on top of yield it goes much much faster than that. Enjoy you nuggets...
As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns...
I'm not waiting for a crash, but there will be one. So the question is ' how to be ready for it so my loss is minimised, or even negated?' I still invest all my dividends back into the market but many things seem expensive right now for no real good business reason.
@@roberttaylor3594 I have been fully invested since 84, and have been through a few horrible crashes, and many recessions, leading to mistakes, especially in the early years. My best recommendation would be buy quality to start with, don’t listen to all the doomsayers on tv and print looking for catchy headlines, and don’t sell, because for everyone who panic sells, someone else is bargain shopping.
...I have kile 5% in cash to buy in every little market drop like last week, or US election week, or august 2024, etc. But honestly waiting to buy means not having distributions which is loosing money. The problems is that big crashes are very unpredictable... but WILL happens.
@HamiltonRB, Exactly right. I have been in the market just as long and I can say that most funds have quadrupled since the 1990's; some even more. A crash of 50% still leaves us 200% ahead of where we started. So we don't really care.
Hard lesson I learned about underlying, lean heavy on blue chips and run away from just developing biz models like HMMJ. btw, is it me or are your videos' volume a bit low?
Bonds i learned how dead they were in 2020 covid crash .. because bonds also crashed when they were supposed to be safe in crashes .. so i moved into 100% equities . so happy
USCL is not hedged, so if the Canadian dollar continues to decline it will out perform HYLD. But upon recovery of the dollar, HYLD will do better. Also, USCL more closely matches the S&P 500 index, so the difference of the two funds will affect performance but it is anyone's guess in whose favour. HYLD has a higher yield; 12.3% versus 11.4%. That difference will widen if the Canadian dollar declines pushing up the value of USCL more than HYLD
your personal av cost will dictate your income/m will dictate your total performance, HYLD still in recovery to 16$, got mine at 15$, current below 14$
Agree that for quite some time bonds did underperform equities, and I realize you probably weren’t born yet, but bonds well out performed stocks during a period of the 80’s, in fact Canada Savings bonds were paying 191/2%
I'm a little worried about going all in on the US market under Trump. If he deports all of the cheap labour and taxes all of the imports then it could be highly inflationary. I'm not saying that it will happen, and I'm not dumping my American investments, but there is enough risk there that I'm not increasing my percentage exposure.
The market is at an all time high now for a reason and that’s to pad Biden stats as president for his legacy. Expect a correction within 2025 especially if Trump starts on the Fed they will make his life difficult
SmallM, the thing you mention is just one small aspect of the economy. The economy is much bigger than that. With reduced corporate taxes and less regulations, corporations stand to benefit. However, always keep in mind that the financial markets are not the economy. The financial markets are forward looking and have likely priced all that into account. A correction is typically a 10% decline in the markets. It is a normal and welcome occurrence when you hold covered call funds.
@@PassiveIncomeInvesting Not sure I understand your question. But if you compare Defiance and Roundhill, Roundhill is the obvious choice for all index funds.
@@jeanchapa6041 What he means is that the amount that disappeared from the NAV got paid out in cash. So the value of the investment has not declined when the cash is added back to the NAV. That is why he says NAV errosion is a myth. But those who complain about NAV erosion are referring to the reduced value of the NAV alone not the overall investment value.
2024 biggest lesson learned was to move from pure growth investment mindset (and huge stress during market drops) into pure income and total return focused mindset. This means I'm looking forward to 2025 with increased volatility and more distribution income. Thank you Adriano!!
Hi, one lesson I learned is that things don't go up for ever: so don't forget to take profits at some point, even with covered call products!
What do you mean? The stock market is at peak and will continue to extend to new record highs. It has been this way for at least the last 220 years (as was shown in a graph that Adrian recently presented from Harvest). If your assertion is correct, we should soon see the market decline at some point and never return to the level it is at now.
Yes, I know the political/economic situation can look bleak nowadays, but would you prefer to be living through the War of 1812, WW1, WW2, 9/11, and the financial crisis of 2008, just to name a few?
My biggest lesson came by way of Adrian's videos. Through his explanations and income investing style it encouraged me to switch from individual stocks to index based covered call ETF's. My investing portfolio has done well as a result.
Hi Adrian, Covered call ETF has been my 2024 wake up call, it was great.
Hi Adrian, and happy New Years! Thanks for all your help in 2024, and this overview summed it up perfect!! Keep up the great work!! Svend, from New Hampshire. Look forward to talking when I schedule a call soon.
Glad it was helpful!
@@PassiveIncomeInvesting by the way... when I sign up for a call with you, is there an email for you I can send my 15 fund portfolio, which is what I want to discuss with you on our call... Thanks!
ya, I have some losses in my TFSA; I should have gone non registered until I was sure it would be a winner...those 'fun', or speculative things. Good advice on the Total Returns.
My lesson for the year was ETFS ! ! Thanks to my brother pointing me to your channel. Thx and keep up the great work !
Can't wait for the Harvest all In one.
Lessons learned in 23/24 for me was I was too afraid to lump sum so I just DCA although you consulted me to go all in lump … it was too hard to do but i underperformed as I kept DCA at all time highs! lol 😂 oops
Oh well at the end of the day we must also do what’s comfortable & jist keep investing
It could have went the opposite way for you as well. Do what your comfortable with. NOBODY is certain on the market behavior or can give the perfect advice.
next lump sum, it will be easy then :)
How about giving retirees or near retirees a little bit of love and some opinions and insight into what they should be looking for in the passive investing space
ya, Adrian is a 'retiree' so he should have a lot to say!
@@roberttaylor3594 he is not retired .. he still invests for the future
I'm closing in on retirement and I'm using a virtual clone to what Adrian is buying. It's looking really good for retirement income.
@@Adman-p4jLOL!! ME TOO!
This is such a great video. Excellent work man.
Happy New Year, Adrian!
Hey Adrian. An important note is that HYLD is no longer CAD hedged. Its underlying holdings are not currency hedged. If you go to QMAX and SMAX for example under “Currency Hedging” it says None. What might be confusing is that for HYLD it says under “Ticker” HYLD (CAD Hedged) because there is a USD version. But the “Currency Hedging” attribute is gone for HYLD, so look at the underlying holdings. Maybe a good thing to clarify with Hamilton ETF’s if you have them on the channel again, but I strongly expect it to be the case that it is no longer currency hedged like it was in the past. Thanks!
I looked at the web pages for HYLD and HYLD.U. HYLD says it is "CAD Hedged" while HYLD.U says "USD Unhedged." It means that the Canadian dollar version of the fund is hedged while the one that trades in U.S dollars is unhedged. So nothing unusual about either of these cases.
That’s not under the currency hedging attribute. They don’t have it for HYLD. Look at SMAX or QMAX and you’ll see a distinct “Currency Hedging” attribute under fund details. If it’s actually hedged, they should include it. But I don’t think it is. All the underlying holdings are not hedged and HYLD’s performance looks like 1.25 times its underlying. If it was hedged it would’ve massively underperformed the underlying in 2024
Great lessons, dude.
My biggest lesson was to drop my growth/safe dividend stocks and go full Adrian income investing style. What a huge difference it has made for me.
Happy new year from Brampton ontario Canada WE THE NORTH 🎉
I am from there too
hey i thought brampton's new slogan was WE THE INDIA.
It’s no longer called Brampton. It’s now Bramledesh according to Peel regional police. Fact!
Awesome video!! Can you do a video about a new income-oriented ETF's company called NestYield. It's just came out in December 26 2024 and it has Jay Pestrichelli as it's CEO!!!
Happy new year, Adriano!
Great...100% yes!!!
Banger of a vid, bravo!
QDTE has been outstanding with distributions that are hard to ignore.
yes... incredible.. almost too good. o_O
Hit 220k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 34k in November 2024
I would really love to know how much work you did put in to get to this stage
All thanks to Jihan Wu with his investment advice at least I can afford a good home and also have to retire early.
220k$ at 12% yield compound will be 1 million in 14 years... but believe me with the growth on top of yield it goes much much faster than that. Enjoy you nuggets...
As a beginner in this, it’s essential for you to have a mentor to keep you accountable.
Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns...
His guidance allowed me to restructure my retirement plan, resulting in an estimated $700,000 more by the time I retire.
Happy new year
Happy new year man🎉
I'm not waiting for a crash, but there will be one. So the question is ' how to be ready for it so my loss is minimised, or even negated?' I still invest all my dividends back into the market but many things seem expensive right now for no real good business reason.
@@roberttaylor3594 I have been fully invested since 84, and have been through a few horrible crashes, and many recessions, leading to mistakes, especially in the early years. My best recommendation would be buy quality to start with, don’t listen to all the doomsayers on tv and print looking for catchy headlines, and don’t sell, because for everyone who panic sells, someone else is bargain shopping.
...I have kile 5% in cash to buy in every little market drop like last week, or US election week, or august 2024, etc. But honestly waiting to buy means not having distributions which is loosing money. The problems is that big crashes are very unpredictable... but WILL happens.
@HamiltonRB, Exactly right. I have been in the market just as long and I can say that most funds have quadrupled since the 1990's; some even more. A crash of 50% still leaves us 200% ahead of where we started. So we don't really care.
Hard lesson I learned about underlying, lean heavy on blue chips and run away from just developing biz models like HMMJ. btw, is it me or are your videos' volume a bit low?
Thanks Adriano! Much success in 2025. Always appreciate your videos.
Same to you!
Can you please do a video on split founds ??
I have many … a whole playlist on them
Bonds i learned how dead they were in 2020 covid crash .. because bonds also crashed when they were supposed to be safe in crashes .. so i moved into 100% equities . so happy
You and Dave Ramsey agree on the Bond front lol
Which plate form for investment is better in USA
Which CC SP 500 to pick? USCL or HYLD or both?
USCL is not hedged, so if the Canadian dollar continues to decline it will out perform HYLD. But upon recovery of the dollar, HYLD will do better. Also, USCL more closely matches the S&P 500 index, so the difference of the two funds will affect performance but it is anyone's guess in whose favour.
HYLD has a higher yield; 12.3% versus 11.4%. That difference will widen if the Canadian dollar declines pushing up the value of USCL more than HYLD
your personal av cost will dictate your income/m will dictate your total performance, HYLD still in recovery to 16$, got mine at 15$, current below 14$
Agree that for quite some time bonds did underperform equities, and I realize you probably weren’t born yet, but bonds well out performed stocks during a period of the 80’s, in fact Canada Savings bonds were paying 191/2%
the comparisons are likely faulty due to taxes payable on the higher distributions annually
True. The comparisons do work for investments in a 401K, IRA or Roth account (in US)
You should interview Sven Carlin...it would be...interesting!
"The proof is in the pudding"* is the phrase you were looking for adrian.
The correct expression is "The proof is in the pudding." :D
My prediction for Adriano's main portfolio for 2025: 30% USCL, 30% QQCL, 30% HYLD, 10% Harvest's all-in-one high income shares ETF 😂
Not bad but no cigar . lol
Make room for BANK and UTES! Lol
@@SB-kd8le Haha but every year Adriano becomes more of a US maximalist and I love it lol
@@MilesBrio Me too since I live in the US. I can't wait to hear more. Lol
I'm a little worried about going all in on the US market under Trump. If he deports all of the cheap labour and taxes all of the imports then it could be highly inflationary. I'm not saying that it will happen, and I'm not dumping my American investments, but there is enough risk there that I'm not increasing my percentage exposure.
The market is at an all time high now for a reason and that’s to pad Biden stats as president for his legacy. Expect a correction within 2025 especially if Trump starts on the Fed they will make his life difficult
SmallM, the thing you mention is just one small aspect of the economy. The economy is much bigger than that. With reduced corporate taxes and less regulations, corporations stand to benefit.
However, always keep in mind that the financial markets are not the economy. The financial markets are forward looking and have likely priced all that into account.
A correction is typically a 10% decline in the markets. It is a normal and welcome occurrence when you hold covered call funds.
NAV is not a myth if you look at Defiance funds...
Where did that share price go I wonder ??? 💭
@@PassiveIncomeInvesting Not sure I understand your question. But if you compare Defiance and Roundhill, Roundhill is the obvious choice for all index funds.
@@jeanchapa6041 What he means is that the amount that disappeared from the NAV got paid out in cash. So the value of the investment has not declined when the cash is added back to the NAV. That is why he says NAV errosion is a myth. But those who complain about NAV erosion are referring to the reduced value of the NAV alone not the overall investment value.
Total return is the ultimate truth.
No no to Hpyt, got it!
Lesson
Dont invest in midcaps as individual stocks.
I have lost big time in these.
LEG(dividend king😂).
Algonquin.
Nio.