Thank you Kah! I really appreciate that and I try to cover as many topics that real, everyday Canadians will care about when it comes to their money =)
@@hoangtran2292 Unacceptable! I must be the ONLY one!!! 😅 I'm kidding! We definitely need more Canadian content out there and ALWAYS keep learning and hearing from other perspectives, not just my own. Even Warren Buffet reads new financial books and articles every single day. Never stop learning! =)
I have to say, you are so good at communication! I know nothing about stocks and investment stuff before I watched your videos, but you explained it so well!
"...3% every quarter" can sound like 12% a year to new investors. Maybe try rewording like 3% annual dividend, paid out quarterly ;) Pleasure to watch otherwise and good luck with the channel!
You're totally right! I'll emphasize the ANNUAL part of the dividend yield going forward, it can definitely be misleading for beginners. Thanks for the heads up! 😀
Yea I'm a newbie investor and when I heard 3% quarterly I did a double take thinking it was 12% a year, it got my pretty excited before he started the math and I figured it out lol
Your presentations has given me the information necessary in a clear concise way. It is very easy to avoid learning about investing and thus not doing anything. You're helping people to gain the confidence as well as the knowledge.
Thank you Tal! I really appreciate that! I know how intimidating investing can be! That's why I try really hard to break it down and make it accessible to beginners so that you'll have the courage to get started and take charge of your own financial future! =)
Hey, So glad I found this video. You did a great job illustrating each ETF in a digestible way. I have been looking for something like this and have had a difficult time finding it on youtube. Please consider doing more of these, maybe covering some growth ETF's, or based on different country exposures like American or European Dividend ETF's. I think theres a demand for this kind of content that needs to be filled.
You got it! First I wanted to cover the Canadian investments but coming up, I'll be talking about my favourite US stocks and ETFs as well as international =)
This has been so helpful for me as a beginner! I’ve been watching a few videos from various channels in the TH-cam investment space and this is by far the most helpful. Thank you!
As always, amazingly well explained. You make this information very very simple to understand when others have led us to believe it was a very complicated process. And what an impact this will have on the average persons ability to grow wealth. Super grateful!
Thank you Amanda! I really appreciate that since that is exactly why I started this channel!!! I want to strip away all of the intimidating terminology and bs used just to scare people into paying "experts" to manage their money for them! It really makes me happy to hear that my videos are providing value and making a difference =)
Thank you Lise! I really appreciate that! I know I talk fast but that's because I have so much information to get through in 15 minutes and I hate the idea of wasting anyone's time! =)
@@CanadianTShirt what talks fast is your right hand LOL! I love your stuff; I just revamped the approach to my RRSP based on a few things you said that just cemented some plans I'd previously had. Thank you! keep it up
Thanks Danyal! That's the reason I started this channel in the first place! There are tons of investment channels out there but they are all targeted towards Americans! We need more Canadian focused content as well =)
At the age of 43, I am finally at a point in my life, where I can focus on investing. Great channel, I find you speak really fast, LOL, so I have to slow the playback speed to take notes...LOL. For someone who has absolutely NO clue about anything in investing, I am beginning to understand the bare basics thanks to your explanations. Some things still fly over my head, but that's okay. Thank you for what you do.
I naturally talk fast and I have a LOT of info to get through in 20 minutes. If I didn't talk fast, these videos would easily be over 30 minutes and no one wants that. This is why I put the text overlays and I also manually write out English subtitles to help people follow along! If you'd like to slow the video down, hit the Settings (gear icon) and change the Playback Speed to 75%. I hope that helps! =)
And I suggest going through my playlists such as my MILLENNIAL INVESTING GUIDE. I organize those videos in a particular order so that each lesson flows into the next, perfect for beginners! =) th-cam.com/play/PLj8bU3AuW2qEVri8g-ErBL65ng98iAf5g.html
@@zenny1359 Nope! Any income you make in your TFSA (capital gains, dividends or DRIPs) do NOT count as contributions!! So if your TFSA was maxed out but then you earned $5K in dividends (or $5K worth of shares through DRIPs) this would NOT put your over your limit! You get to enjoy watching your TFSA grow worry-free! =)
ETFs definitely seemed a little daunting and complicated but I'm surprised to see that they are very accessible to new investors. This is a great video with no fluff, super helpful. Thanks Adrian 😄
It's my pleasure! I'm glad you found this video helpful and you bet! ETFs are one of the BEST ways to get started with investing since you have built-in diversification! Make sure you check out one of my oldest videos, ETFs Explained to learn more about how they work =) th-cam.com/video/48d7R9MTzlI/w-d-xo.html
Great channel dude! I setup with Questrade thanks to your vids and used your link. You helped answer a lot of things I was unsure of, very clear and easy to comprehend. Cheers!
Thank you for the support! If you'd like to check out my other videos, I suggest watching my playlists: "Millennial Investing Guide" and "Credit Card Guide". I arranged the order of the videos in the playlists so that it will make the most sense for a beginner
@@CanadianTShirt Thank you for the offer, I may take you up on that! :) I, like so many people, have just woken up to the expense of mutual funds, and I'm trying to learn more about self investing. These types of videos are invaluable.
@@Gajjelly I would suggest you buy bond ETFs instead of buying individual bonds. You can buy these bond ETFs the same way you buy a stock or any other ETF. For Canadian bonds, I recommend ZAG or ZFL =)
Your video are very crisp and informative. There's no unnecessary rambling at all. You have earned yourself a subscriber :) If it's possible, can you please tell what are the demerits of owning a US dividend or growth etf in the Canadian market? What kind of fees or taxes will it attract? How will the dividend be deposited in Canadian dollars? My understanding is that the US market is more exposed to a variety of industries and that its a good idea to invest in a mix of US and Canadian etfs.
Thank you for those kind words and thank you for supporting my channel! 🙏 Perfect timing! I just released a video about the TFSA and the dangers of holding US dividend stocks in your TFSA so check this video out: th-cam.com/video/i_bWf1NyUbE/w-d-xo.html Essentially, if you hold a US dividend stock or a US ETF inside your TFSA, you WILL be charged a 15% US Withholding Tax on these US dividends, even in a TFSA. The TFSA is tax-free but ONLY for Canadian investments. The ONLY way to avoid paying a US Withholding tax on US dividends is to hold your US investments in an RRSP
Also you are totally right! The US market is over 10 times the size of the Canadian market with far greater diversification and varied industries so it is very important to invest in the US market. I will be releasing a video very soon on a step-by-step guide on how to buy US stocks in Canada using Questrade. I recommend Questrade for your US investments since you are allowed to hold US dollars in Questrade. Whereas something like WealthSimple Trade can ONLY hold Canadian dollars so you will be losing money with a currency conversion fee EVERY single time you receive a US dividend... I hope that helps and stay tuned for my upcoming video! =)
That video would be very helpful.. Thanks a tonne for your reply.. It's very useful.. I'm not very clear on the cross currency conversion and how it can be avoided in Questrade since I need to buy with USD, but pay with CAD and this will be subject to cross currency conversion anyways, if I'm not wrong..
2 questions: So, are dividends paid in cash regardless of how much you invest? Or do we have to actually quality for a DRiP to get our hands on those monthly dividends? 2: The more you invest, the more higher the dividend, right? I’m looking at VRE and VDY
Any thoughts on VFV? It's an S&P 500 Index ETF but in Canadian dollars. I'm not entirely sure if the dividends will then also be in Canadian dollars as well. Kind of confusing
Canadian ETFs containing foreign stocks will be subject to a 15% tax only on your dividends. This applies to VFV, VGRO, VEQT, etc. Any ETF that contains any us or foreign stocks will be subject to this tax
@@seedymcfly5013 So for maximum tax efficiency, you would save money holding VOO in your RRSP since you won't be paying any taxes. If you hold VFV in your TFSA, you WILL be charged those 15% US Withholding taxes on those dividends since VFV holds US companies. That being said, VFV barely pays a dividend at all, about 1.2% so a 15% tax on this tiny amount is almost negligible! The main benefit of VFV and VOO is the capital gains which ARE tax-free in a TFSA. It's really up to you... if it was an ETF with a higher yield above 3% then yes, I would definitely buy the US equivalent ETF and hold it in an RRSP to avoid this withholding tax. I hope that helps! =)
I used your referral link and I am planning to invest my first three hundred dollars in an ETF. The VRE seems to be the route that interests me the most. I am 18 now, and when I was fifteen or so my grandmother brought me to Primerica to begin investing because her friend worked there. I invested in total around 600 in mutual funds, but in hindsight it was poor choice. Watching your videos made it clear to me that a TFSA is a better route, so thank you very much. I have now stopped contributing to the mutual fund, and I was wondering if I should withdraw the money from Primerica, or just let is sit.
Way to go buddy! I wish I had started investing when I was 18, you are way ahead of me brother! That depends, if you sell your mutual funds right now, will you make a profit? I would guess that your mutual funds are probably down right now these past 3 months so I would wait until the mutual funds recover their value, then sell them since you don't want to keep paying those expensive management fees and then invest that money into ETFs or dividend stocks in your TFSA =)
Thank you for the video on ETFs. This is really helpful. What are your thoughts on Vanguards VCN? This was launched for competing directly with XIC in 2011 and they both share the same MER. XIC is definitely more diversified, but if you were to invest in one fund every month, for the next 30 years, which one would you choose? Thanks in advance
Man I am straight Binge watching this content!!! Amazing. Thank you so much! Damn i wish i wasn’t almost 40... frick... so do you think i should invest in the 3 etfs and the 3 stocks outta one account? Or split hem into etfs and stocks, rrsps and tfsa’s? Please advise!
That's what I love to hear!!! I'm so happy that my videos are binge-worthy! As long as you have a long-term investing horizon, meaning that you won't be touching this money until retirement, I suggest that you hold your US dividend stocks and ETFs in your RRSP to avoid the US withholding taxes and then hold your Canadian dividend stocks and ETFs in your TFSA. Once those are both maxed out, then it's time to invest in your margin account. I go into more detail in my TFSA and RRSP videos so make sure you check those out! =)
In general, here are some tips to help. If the ETF starts with a V, it's probably Vanguard. X is Blackrock and Z is BMO. Those 3 are the most popular ETF providers in Canada (and around the world as well) =)
Hey Adrian, thanks for answering my questions. I was curious though, you hold both XIC etfs as well as Enbridge stock, but XIC seems to have Enbridge as a holding, so I was wondering if there was any basis or advantage for having 2 of the same stock?
Excellent question! You are correct, by investing in XIC I am investing in Enbridge along with 230 other companies. However, Enbridge only makes up 4.3% of XIC so if I really want to reap the benefits of investing in Enbridge, I get more of an advantage by investing in Enbridge stock directly. But I also get more of the risk, if Enbridge does poorly, my stock does poorly. But if the other 230 Canadian companies do well, my XIC ETF will do well even if Enbridge suffers. The main reason I invest with Enbridge is to take advantage of its large dividends, currently a 7% dividend yield. XIC's dividend contains this Enbridge dividend but it is diluted by the 230 other companies which don't pay as much of a dividend so XIC only has a dividend of about 3%. In summary, it is wise to invest in ETFs to obtain diversification but if there are particular companies you believe in, invest directly in those stocks as well to obtain the most growth. I hope that helps! =)
Im a young guy and I desided to pick both XEI and VRE a short time back before the corona hit, as two ETFs to have good exposure to the full cad market both Real Estate and Canadian Large div companies. Even bought through the downturn and I'm seeing really good performance on my portfolio so far. Which is super encouraging!
Index funds are just cheaper Mutual Funds that track an index, which is exactly what an ETF does. Index funds are definitely cheaper than traditional, actively managed mutual funds but they're still more expensive than a comparable ETF
The average mutual fund has an MER between 2% and 3%, index funds have an MER between 0.6% and 1.5% and ETFs are usually between 0.05% and 0.8%. And they are usually made up of the exact same equities and in roughly the same proportion. Mutual funds and index funds just cost more because they have to pay for an "expert" to manage your fund
Let's look at a TD E-Series index fund like the TD Canadian Index Fund -e. This fund tracks the Canadian stock market, the same index that the XIC ETF tracks. And if you look at the holdings and industry breakdown of this e-series fund, it is very, very close to XIC. But XIC only charges an MER of 0.06% whereas the TD e-series charges 0.33%, over FIVE TIMES the fee!
And this e-series index fund is the cheapest e-series fund that TD offers. All of the others have MERs above 1%. I would be fine paying this fee if I felt that I was getting measurable, value from it. But if you look at the breakdown of the fund, it's essentially the exact same as an ETF but far more expensive... I'll be making a whole video about why I avoid mutual funds and how much money ETFs can save you over your lifetime, so stay tuned for that. And thank you for that excellent question! =)
Subscribed!The timing of finding your videos has been perfect with the current market climate. I have been slowly doing research before diving into investing and you opened my eyes to factors I had not considered. I've been sharing your videos with a bunch of my friends. Definitely looking to invest while these stocks and ETFs are at a discount
Is VRE focused on real estate businesses that generates income from equity/rent or from financing/mortgage interest rate? could you share a ref. link for more details on VRE?
Just look up VRE on Vanguard's website, you can see exactly which REITs make up the ETF and then look up each REIT to see what properties and what kind of properties they own =)
You got it Eduardo! I'll be making many more lists of stocks and ETFs to buy in 2021 but the good news is that all of these ETFs are still great pics that I am continuing to invest in 2021 =)
@@CanadianTShirt thank you for this reply. I had the same question.. Could you plz tell me if i have a TFSA contribution room of some 20K should i invest all that in these funds or you will be sharing list for 2021 as wellsometime soon...Thank you
@@CanadianTShirtsince I m a beginner would you suggest to use wealth simple for these ETF s ? is there any cons of using wealth simple with these ETF s.. thank you
@@motivationshortsadda These ETFs are all purely Canadian so WealthSimple is fine for these. But if you have any US stocks or ETFs, do NOT use WealthSimple since they will cost you a ton of money in currency conversion fees. I've talked about this in many of my Questrade tutorials so check those out =)
Thanks for your work. I just rolled an an resp into a self direct with VDY. Your ten minute video would of saved me a week of research and head scratching.
I'm glad I could help! BUT it's very important not to just blindly follow my advice. It's up to you to do your own due diligence and research before you invest. Take my recommendations as a starting point and as a guide of what kind of metrics I look for in a stock or ETF. Happy investing!
Also, good call on the VDY for your RESP. In terms of taxation, anything that should go into a TFSA is also safe for an RESP, so I would suggest high dividend paying ETFs or safe dividend stocks (CANADIAN as well) in your RESP. It's kind of funny but opening up an RESP is one of the things I'm looking forward to most about having kids haha
I had a question regarding foreign withholding tax on US dividends payed through a Canadian ETF. I understand that in a TFSA/RRSP the withholding tax is nonrecoverable, compared to a non-registered account where it is recoverable. I have no interest in currency conversion at this moment, and I have ample room in my TSFA/RRSP. I am in a 30% tax bracket, so my question is would it not be more tax efficient to hold VFV (tsx S&P 500 etf) in my TFSA and lose the 15% withholding tax, instead of holding in my non-registered where of course I could recover that 15% tax but it would be taxed at my full tax rate of 30% and be subject to capital gains tax when I sell
That's an excellent question! I'm going to be making a video all about taxes on investment income, including withholding taxes very soon. It can be complicated but I'll try to address it in a short comment. Since you're in a 30% tax bracket, I'm going to assume that you have an income around $70,000. You're correct that you pay 30% tax on US and foreign dividends but you only pay half of that (15%) on capital gains, whether they are Canadian or US capital gains
My general strategy is to reserve my TFSA and RRSP for high-yield dividend investments. If I hold purely Canadian dividends in my TFSA and purely US dividends (in USD) in my RRSP, I do not pay any taxes at all (until you eventually withdraw from the RRSP at retirement) That's because on dividend investments, you pay tax every single year so that really cuts down on your expected exponential growth. With capital gains however, you do not pay any taxes until you sell and I most of my growth stocks are things that I want to hold for decades. So for me, keeping a growth stock in a TFSA is a bit of a waste. Sure, I won't pay any tax on those capital gains I make 20 years later when I sell but during those 20 years, the TFSA hasn't given any benefit. But keeping dividend stocks in that TFSA gives me actual benefits every single year
In the case of VFV, I would consider the goal of that ETF to be capital appreciation over dividend income, since most of its holdings are big tech companies and this ETF has a very small yield around 1.5%. In that case, keeping it in a TFSA or RRSP doesn't make full use of those accounts. I would keep it in a non-registered account where yes, you pay 30% on those very small dividends and you will pay 15% withholding tax, all of which should be recovered with the Foreign Tax Credit and when you finally sell VFV, you only pay 15% on the capital gains. Save that TFSA room for high yield Canadian ETFs and dividends and save that RRSP for high yield USD holdings
I'm curious why you have no interest in currency conversion? Currency conversion into USD is a one-time 2% fee, or only a $10 commission fee if you use Norbert's Gambit (I will make a whole video on this very soon) Even if you just convert to USD the easy way, I would rather pay a one-time 2% conversion fee and hold US dividends in my RRSP rather than pay a 15% withholding tax EVERY YEAR. Anyway, sorry for the long-winded answer, I hope that helps and thanks for the great question! =)
Hey Adrian love your videos very educational, just shared with my two children. just wanted to mention if you isolate your desk mic from your desk with some kind of isolator and used a pop filter it wouldnt be as noisy on our end. just some friendly criticism . Again thank you so much for all of your hard work and dedication to investing. Cheers.
Thanks buddy! You are absolutely right! This video is about a year old now so since then I did invest in a pop filter and I even got myself a newer microphone so I hope that the audio quality has improved in my newer videos =) Honestly, I always appreciate the friendly criticism! I am still pretty new to filming and lighting and audio in general so I'm always willing to hear ideas on how to improve my production quality =)
Another very informative video! I'll have to look into VRE... appreciate the tip. I've also been looking at ZDV for a 4.38% dividend. Also.. In this current market, I've been thinking of Low Volatility ETF's like ZLB... would appreciate your thoughts. Thanks again for this great video.
ZDV looks very interesting. It seems to me like a mix between XIC and XEI. That 4.38% dividend yield is great and it's industry breakdown is very similar to that of XIC, other than low exposure to Materials. Also similar to XEI, all of its holdings are fairly evenly weighted. About half of ZDV's holdings have a weight between 2.5% and 3% which is nice. It doesn't have one stock dominating the weight the way that VDY does
Overall, ZDV looks like a really strong Canadian dividend ETF! My biggest complaint is that the MER is quite high with 0.39%. That's almost double the MER of XEI and ZDV has a lower yield. XEI's net income is 4.5% whereas ZDV's is only 4%. Still, this is definitely an ETF that I will keep an eye on. Thank you for the tip!
ZLB is definitely more conservative. My investments always have a long term time frame of 20+ years so I don't worry about short term volatility. I want high yield passive income or large growth potential, or both! ZLB definitely has consistent and steady growth but it's nothing too exciting. And in terms of income, it has a dividend yield of 2.4% but an MER of 0.39% so a net income of only 2%. That basically cancels out inflation
So after inflation, you're basically not gaining any income, you're just relying on the small but reliable growth. This isn't the kind of ETF that I am looking for, in my long term horizons but if you're looking for something in a short time frame, less than two years, it looks like a pretty decent choice
Also, since it pays such low income and most of it's value is going to be in capital gains, I wouldn't keep it in your TFSA. I would keep it in your taxable account since you won't be paying very much taxes on this investment. I would rather reserve my TFSA room for HIGH YIELD dividend stocks and ETFs. I'll be making a whole video about what goes in my TFSA vs RRSP vs taxable accounts to minimize taxes so check that out! And sorry for the huge answer.... I got a little excited haha. But thank you for the excellent question! 😄
Thanks Christophe! That's the whole reason why I started this channel in the first place! I want to make investing more accessible for beginners since I know how intimidating it can be! =)
I know man... this was with my old, cheap mic. I invested in a better mic (Blue Yeti) with a pop filter so my more recent videos should sound better! I hope so at least! =)
Waiting for your video for US ETFs recommendations!!!!! We check in everyday, please upload soon!!! My bf and I have been watching your videos during the pandemic and they are the BEST on TH-cam! You make everything so clear and easy to understand, we are fans! We are interested to learn more on your recommended ETFs for US market, please do one soon! :D
Thank you! I really appreciate that and I'm happy that you and your bf have been enjoying my videos during the quarantine! 🙏 I am currently working on my new video: Dividends Explained which should be released tomorrow and then I'll make a video on my favourite US Dividend stocks next week! My favourite US ETFs will probably come a few weeks after that. Stay tuned for that! 😁
Thanks for your advise. I finally ended up starting my personal ETF portfolio, using these 5 ETFs. Also used your link to sign up with Questrade. Thanks my friend. You are doing a great job!!
I have been learning alot here.Thank.I have not locked my investments in DRIP because I need the cash but If I dont need that money I invest my dividend in more ETFs.
That works too! Your investments will grow exponentially if you reinvest your dividends but if you need the cash, then sure you can spend it and you can count on that reliable income =)
With everything I’m learning of this channel I’m ready to make some smart choices for the new year!! There’s an idea for you,..How to reshuffle your portfolio after the pandemic
You got it Michael! That's the MOST important part! These videos are just to give you my perspective and explain why I personally like investing in these ETFs but it ultimately falls on you to do your own research and make your own decisions! =)
Your TFSA should be reserved for Canadian investments. Once your TFSA is maxed out, these Canadian investments could also go into your RESP or RRSP to take advantage of the tax sheltered growth! Personally, I reserve most of my RRSP contribution room for US dividend stocks and ETFs (to avoid the US withholding tax) but I also hold Canadian stocks in my RRSP! This is because for most people, especially after years of working under their belt have far greater RRSP room than TFSA room. I hope that helps! =)
Watching all the stock market videos, the credit card ones are also informative but I never paid interest on any of my cards ever. Drilled into me at a young age. If anyone carries a balance on their CC’s monthly. Watch those to learn how your getting milked by big companies. Forwarded a few videos to my buddies, hopefully they enjoy and subscribe! Keep up the great work.
Adrian there is a bmo etf with ~7% yield that uses the covered call method. So its like collecting high compounding interest with little exposure to growth/depreciation of the market. I know you're one for dividend collection which is why i brought it up. P.S: 0.72 MER not sure if that breaks the deal. Still higher dividend and less exposure to risk than other etfs on the list.
Hey Abdulla! Personally I avoid options trading entirely including covered calls. I understand the temptation especially with such high yields but options trading and covered calls are significantly riskier than pure stock and ETF ownership and I don't recommend them especially for beginners! But if you want to experiment with them and if you're okay with that risk, then go for it! It just doesn't fit with my personal strategy =)
Recently, I’ve been buying DFN and DIV. They aren’t ETF’s but they are currently high yield dividend stocks that pay a consistent dividend. When I looked at the history, they have seldom ever missed a dividend and seldom raise or decrease it, regardless of the price. I’m buying them up as quick as I can because the yield will go down when they go up in value, but if I can build a sizeable position before then, I’ll be better off than those buying in later when the price goes up and the dividend stays the same. I know a lot of investors look for something where they see the dividend increase; but I see potential in these shares that aren’t necessarily growing the dividend, but remain consistent through both low and high share prices so long as you buy them while they’re cheap.
The only period where dividends were suspended that I noticed with these stocks is during the 2020 pandemic, when most companies had stopped or cut their dividend anyway.
I bought XIC and VDY love that comparing the past several months these etfs are on their way back up from the fallout so the markets are increasing so since I’m a little late to the game I’m still not that late cause the markets are going back up
@@CanadianTShirt Only the 3 mentioned! I'm green in the stock market in Canada, I began investing here about 6 months ago! Besides these 3 ETFs I have CHE.UN, looks like a good company with good demand of the products they produce, not to mention the DY!
@@CanadianTShirt hey ! Im new in this field. Is it good time to invest ? And really need to invest more money ? thousands of money ! I really need some good tips. I want to be in touch with you and want to learn more. Your tips are really helpful. actually I'm new in canada and i don't know much more about markets. My email hbaraili123@gmail.com please contact me.
Hi Adrian, I would love to see how you research and assess different ETFs (tools, methodology, etc.). Love the channel; I am watching all your videos in chronological order currently. And thanks in advance if you have already or plan to put out this type of requested content in the future.
Amazing videos! i usually get asleep right away when im opening similar educational content ,but the way you explain becomes extremely clear and the subtitles on the left REALLY helpful !!! One question : what do you think about the QTBC (BitCoin) there are many predictions that they might hit the 100K treshhold for the upcoming 2011-2022
Thanks Vladimir! I'm happy to hear that my videos are engaging and helpful! =) Personally, I don't invest in BitCoin but if you want, go ahead! Just be cautious, don't invest with serious money that you are counting on. When doing speculative, riskier investments only play with money you won't be needing =)
I'm glad I could help! I would also suggest to check out my favourite dividend stocks to buy right now during the crash. th-cam.com/video/-isa56QZNQc/w-d-xo.html Doubling down on these strong dividend stocks is a great way to boost your ETF portfolio for passive income =)
Question! Do I have this correct: In a RESP you recommend Canadian investments and no US Investments because of the withholding tax on US capital gains? Unless you investing in an RRSP. So would you recommend purchasing all of these ETFs in equal proportions in a RESP? Also what about BONDS as the RESP comes closer to the time the beneficiary may pursue higher education. Thanks! Learning lots!
Check out my UPDATED version of the Best Canadian ETFs for Dividends for 2022! 🇨🇦
th-cam.com/video/5crp5qeQing/w-d-xo.html
You arguably have the most comprehensive videos on this platform.
Thank you Kah! I really appreciate that and I try to cover as many topics that real, everyday Canadians will care about when it comes to their money =)
I swear, all of my financial and investing questions I had are answered clearly from this channel. Coming across this channel is like striking gold!
Wow! Thank you Jonathan! I really appreciate that! 🙏
only the youtube channel that explains stocks for beginners they would actually understand!
Thank you Rachelle! I'm glad that my videos are helpful! =)
Don’t want to name drop but there is another one I follow. This video is good too. Easy to understand.
@@hoangtran2292 Unacceptable! I must be the ONLY one!!! 😅
I'm kidding! We definitely need more Canadian content out there and ALWAYS keep learning and hearing from other perspectives, not just my own. Even Warren Buffet reads new financial books and articles every single day. Never stop learning! =)
I have to say, you are so good at communication! I know nothing about stocks and investment stuff before I watched your videos, but you explained it so well!
Wow! Thank you Elain for those kind words! I'm really happy to hear that my videos have been useful and accessible! =)
"...3% every quarter" can sound like 12% a year to new investors. Maybe try rewording like 3% annual dividend, paid out quarterly ;) Pleasure to watch otherwise and good luck with the channel!
You're totally right! I'll emphasize the ANNUAL part of the dividend yield going forward, it can definitely be misleading for beginners. Thanks for the heads up! 😀
Yea I'm a newbie investor and when I heard 3% quarterly I did a double take thinking it was 12% a year, it got my pretty excited before he started the math and I figured it out lol
@@TheTwitchyBrownGuy thought the same as well. 3% yearly is decent but the current inflation rate is 3.4 to 3.6 with 3.6 being the expected year end.
Your presentations has given me the information necessary in a clear concise way. It is very easy to avoid learning about investing and thus not doing anything. You're helping people to gain the confidence as well as the knowledge.
Thank you Tal! I really appreciate that! I know how intimidating investing can be! That's why I try really hard to break it down and make it accessible to beginners so that you'll have the courage to get started and take charge of your own financial future! =)
Glad I found this channel. It’s very detailed and easy to understand.
Thank you Jirah! I really appreciate that and welcome to my channel!!! 😁
Hey, So glad I found this video. You did a great job illustrating each ETF in a digestible way. I have been looking for something like this and have had a difficult time finding it on youtube. Please consider doing more of these, maybe covering some growth ETF's, or based on different country exposures like American or European Dividend ETF's. I think theres a demand for this kind of content that needs to be filled.
You got it! First I wanted to cover the Canadian investments but coming up, I'll be talking about my favourite US stocks and ETFs as well as international =)
This has been so helpful for me as a beginner! I’ve been watching a few videos from various channels in the TH-cam investment space and this is by far the most helpful.
Thank you!
Thank you Brittany! I'm really happy to hear that my videos have been helpful and accessible to a beginner! 🙏
Great movie just wondering is that your hand movement that is making that big bass noise
This video is almost two years old now! Since then I have upgraded to a MUCH better microphone so the audio quality has certainly improved! 😁
As always, amazingly well explained. You make this information very very simple to understand when others have led us to believe it was a very complicated process. And what an impact this will have on the average persons ability to grow wealth. Super grateful!
Thank you Amanda! I really appreciate that since that is exactly why I started this channel!!! I want to strip away all of the intimidating terminology and bs used just to scare people into paying "experts" to manage their money for them! It really makes me happy to hear that my videos are providing value and making a difference =)
love your delivery, great fast-paced basics and not scrolling over screens as you talk like so many other financial advice youtubers! Thanks!
Thank you Lise! I really appreciate that! I know I talk fast but that's because I have so much information to get through in 15 minutes and I hate the idea of wasting anyone's time! =)
@@CanadianTShirt what talks fast is your right hand LOL! I love your stuff; I just revamped the approach to my RRSP based on a few things you said that just cemented some plans I'd previously had. Thank you! keep it up
@@liseduncan1836 you got it Lise! And yes... my hand definitely gets animated when I get excited haha 😆
Love these video as an immigrant. Opening my eyes.
Thank you
I appreciate that so much! I'm so happy to hear that my videos have been helpful to a beginner and welcome to Canada! 🇨🇦
I have tried following several American channels, but there's something about a simple Canadian charm. I trust this guy! Great videos bud!
Thanks Danyal! That's the reason I started this channel in the first place! There are tons of investment channels out there but they are all targeted towards Americans! We need more Canadian focused content as well =)
@@CanadianTShirt of course! I've already shared your channel with 5 of my friends :)
Practical, short, sweet and to the point, and nothing but the point, love your presentation.
Thank you Kamlesh! That's what I try to do! I try to get right to the point and not waste anyone's time! =)
wonder why didn’t I know about ur channel earlier! Super detailed and thorough. Thank you for all the breakdowns, you just gained a new subscriber 😬
Thank you Hana for those kind words and welcome to the family! =)
At the age of 43, I am finally at a point in my life, where I can focus on investing. Great channel, I find you speak really fast, LOL, so I have to slow the playback speed to take notes...LOL. For someone who has absolutely NO clue about anything in investing, I am beginning to understand the bare basics thanks to your explanations. Some things still fly over my head, but that's okay. Thank you for what you do.
Thank you for those kind words! I'm glad you found my channel and that my videos are providing value! 🙏
I naturally talk fast and I have a LOT of info to get through in 20 minutes. If I didn't talk fast, these videos would easily be over 30 minutes and no one wants that. This is why I put the text overlays and I also manually write out English subtitles to help people follow along! If you'd like to slow the video down, hit the Settings (gear icon) and change the Playback Speed to 75%. I hope that helps! =)
And I suggest going through my playlists such as my MILLENNIAL INVESTING GUIDE. I organize those videos in a particular order so that each lesson flows into the next, perfect for beginners! =)
th-cam.com/play/PLj8bU3AuW2qEVri8g-ErBL65ng98iAf5g.html
This was so clear and easy to understand, and I appreciate the summary at the end too. Thanks!
Thanks Alex! I'm glad it was helpful! =)
@@CanadianTShirt hey I was just wondering if DRIPs count towards TFSA contribution?
@@zenny1359 Nope! Any income you make in your TFSA (capital gains, dividends or DRIPs) do NOT count as contributions!! So if your TFSA was maxed out but then you earned $5K in dividends (or $5K worth of shares through DRIPs) this would NOT put your over your limit! You get to enjoy watching your TFSA grow worry-free! =)
ETFs definitely seemed a little daunting and complicated but I'm surprised to see that they are very accessible to new investors. This is a great video with no fluff, super helpful. Thanks Adrian 😄
It's my pleasure! I'm glad you found this video helpful and you bet! ETFs are one of the BEST ways to get started with investing since you have built-in diversification! Make sure you check out one of my oldest videos, ETFs Explained to learn more about how they work =)
th-cam.com/video/48d7R9MTzlI/w-d-xo.html
I have a drip in XIC. Plan on keeping my money there for a long long time. I’m only 22
That's a perfect plan Joseph! Way to go! =)
@@CanadianTShirt thank you! 🙂
Great channel dude! I setup with Questrade thanks to your vids and used your link. You helped answer a lot of things I was unsure of, very clear and easy to comprehend. Cheers!
Thanks buddy! I really appreciate that and I'm happy that my videos have been helpful and digestible! 😁
I just discovered your TH-cam channel and I am so impressed! You have great content that is very helpful for Canadians. Keep up the good work! 👏🏼👏🏼👏🏼
Thank you Moutushi! Welcome to the channel and feel free to reach out if you have any questions! =)
Canadian in a T-Shirt Thank you! Will do! :)
My favs: XEQT, VDY, XEI, TEC and REI (Riocan)
Great picks! Way to go! =)
Thank you so much for the content you give. You have a gift of teaching, you make complex stuff simple to understand. Great content 👍🏽
Thank you Kanyin for those kind words. I really appreciate that and I'm glad that my videos are helpful and accessible! 🙏
Thankful for this video, as a beginner I can invest my money in a long term and receive a passive income thru etf's.
You got it Owen! Hold onto these ETFs for years and collect (and reinvest) that passive income! =)
Bro.. you're amazing.. I just stumbled on your channel today, and I've really learned alot. God bless you
Wow! Thank you so much for those kind words and welcome to my channel! 🙏
Awesome helpful video and beautiful posture as always! You have taught me more about taxes and stock than I ever learned in school.
hahahaha all these years later and my posture hasn't improved! 😅
But I'm so happy to hear that my videos have provided such value Colton! Keep on learning! =)
I'm happy I just found your channel! This is the first video I've watched - you've got yourself a subscriber! Thanks for the info!
Thank you for the support! If you'd like to check out my other videos, I suggest watching my playlists: "Millennial Investing Guide" and "Credit Card Guide". I arranged the order of the videos in the playlists so that it will make the most sense for a beginner
And feel free to reach out if you ever have any questions! =)
@@CanadianTShirt Thank you for the offer, I may take you up on that! :) I, like so many people, have just woken up to the expense of mutual funds, and I'm trying to learn more about self investing. These types of videos are invaluable.
Thanks for doing this for Canadians. I appreciate it.
Thanks Peter! I'm glad that my videos are helpful, we need more Canadian focused content out there! 🇨🇦
Thank you for the great info and I like the way you explain everything.
Thanks man! I appreciate that. Feel free to reach out if you ever have any questions =)
I know a real life saver!
You are gem. Thanks for so clear and detailed videos.
Thank you Raima! I'm glad to hear that my videos have been helpful! =)
Learn EVERYTHING about investing with my MILLENNIAL INVESTING GUIDE 👇
th-cam.com/play/PLj8bU3AuW2qEVri8g-ErBL65ng98iAf5g.html
And check out my CANADIAN CREDIT CARD GUIDE 👇
th-cam.com/play/PLj8bU3AuW2qGixzriCuazZ1E5RznbhcFB.html
Make a video on How to buy bonds in Canada
@@Gajjelly I would suggest you buy bond ETFs instead of buying individual bonds. You can buy these bond ETFs the same way you buy a stock or any other ETF. For Canadian bonds, I recommend ZAG or ZFL =)
Check out my CANADIAN TAX GUIDE 👇
th-cam.com/play/PLj8bU3AuW2qEA_ik7NOAIkBY02nt7KAPj.html
Why not just buy VGRO and be done with it?
Incredibly well done, as always. You're truly changing lives. Thank you.
Thank you for those kind words! I really appreciate that and I'm so happy that you are finding so much value in my videos! =)
Your video are very crisp and informative. There's no unnecessary rambling at all. You have earned yourself a subscriber :)
If it's possible, can you please tell what are the demerits of owning a US dividend or growth etf in the Canadian market? What kind of fees or taxes will it attract? How will the dividend be deposited in Canadian dollars? My understanding is that the US market is more exposed to a variety of industries and that its a good idea to invest in a mix of US and Canadian etfs.
Thank you for those kind words and thank you for supporting my channel! 🙏
Perfect timing! I just released a video about the TFSA and the dangers of holding US dividend stocks in your TFSA so check this video out: th-cam.com/video/i_bWf1NyUbE/w-d-xo.html
Essentially, if you hold a US dividend stock or a US ETF inside your TFSA, you WILL be charged a 15% US Withholding Tax on these US dividends, even in a TFSA. The TFSA is tax-free but ONLY for Canadian investments. The ONLY way to avoid paying a US Withholding tax on US dividends is to hold your US investments in an RRSP
Also you are totally right! The US market is over 10 times the size of the Canadian market with far greater diversification and varied industries so it is very important to invest in the US market. I will be releasing a video very soon on a step-by-step guide on how to buy US stocks in Canada using Questrade. I recommend Questrade for your US investments since you are allowed to hold US dollars in Questrade. Whereas something like WealthSimple Trade can ONLY hold Canadian dollars so you will be losing money with a currency conversion fee EVERY single time you receive a US dividend... I hope that helps and stay tuned for my upcoming video! =)
That video would be very helpful.. Thanks a tonne for your reply.. It's very useful.. I'm not very clear on the cross currency conversion and how it can be avoided in Questrade since I need to buy with USD, but pay with CAD and this will be subject to cross currency conversion anyways, if I'm not wrong..
2 questions:
So, are dividends paid in cash regardless of how much you invest? Or do we have to actually quality for a DRiP to get our hands on those monthly dividends?
2: The more you invest, the more higher the dividend, right? I’m looking at VRE and VDY
Thanks again for another great video :) I love how much effort you put into the
Awww thank you! It definitely takes a while but it's worth it! =)
Man you kill it everytime!! Keep up the great work.
Thank you Naralda! I really appreciate that! =)
Any thoughts on VFV? It's an S&P 500 Index ETF but in Canadian dollars. I'm not entirely sure if the dividends will then also be in Canadian dollars as well. Kind of confusing
I believe the dividends are paid in USD and there will also be withholding tax (15%). Best to keep that in your RRSP to avoid that tax.
Canadian ETFs containing foreign stocks will be subject to a 15% tax only on your dividends. This applies to VFV, VGRO, VEQT, etc. Any ETF that contains any us or foreign stocks will be subject to this tax
@@seedymcfly5013 So for maximum tax efficiency, you would save money holding VOO in your RRSP since you won't be paying any taxes. If you hold VFV in your TFSA, you WILL be charged those 15% US Withholding taxes on those dividends since VFV holds US companies. That being said, VFV barely pays a dividend at all, about 1.2% so a 15% tax on this tiny amount is almost negligible! The main benefit of VFV and VOO is the capital gains which ARE tax-free in a TFSA. It's really up to you... if it was an ETF with a higher yield above 3% then yes, I would definitely buy the US equivalent ETF and hold it in an RRSP to avoid this withholding tax. I hope that helps! =)
The Vsp is the canadaian hedged version of the vfv
I used your referral link and I am planning to invest my first three hundred dollars in an ETF. The VRE seems to be the route that interests me the most. I am 18 now, and when I was fifteen or so my grandmother brought me to Primerica to begin investing because her friend worked there. I invested in total around 600 in mutual funds, but in hindsight it was poor choice. Watching your videos made it clear to me that a TFSA is a better route, so thank you very much. I have now stopped contributing to the mutual fund, and I was wondering if I should withdraw the money from Primerica, or just let is sit.
Way to go buddy! I wish I had started investing when I was 18, you are way ahead of me brother! That depends, if you sell your mutual funds right now, will you make a profit? I would guess that your mutual funds are probably down right now these past 3 months so I would wait until the mutual funds recover their value, then sell them since you don't want to keep paying those expensive management fees and then invest that money into ETFs or dividend stocks in your TFSA =)
Thank you for the video on ETFs. This is really helpful. What are your thoughts on Vanguards VCN? This was launched for competing directly with XIC in 2011 and they both share the same MER. XIC is definitely more diversified, but if you were to invest in one fund every month, for the next 30 years, which one would you choose? Thanks in advance
Excellent video, easy to follow very useful information.
Thanks Jimmy! I'm glad you found it helpful! =)
Man I am straight Binge watching this content!!! Amazing. Thank you so much! Damn i wish i wasn’t almost 40... frick... so do you think i should invest in the 3 etfs and the 3 stocks outta one account? Or split hem into etfs and stocks, rrsps and tfsa’s? Please advise!
That's what I love to hear!!! I'm so happy that my videos are binge-worthy! As long as you have a long-term investing horizon, meaning that you won't be touching this money until retirement, I suggest that you hold your US dividend stocks and ETFs in your RRSP to avoid the US withholding taxes and then hold your Canadian dividend stocks and ETFs in your TFSA. Once those are both maxed out, then it's time to invest in your margin account. I go into more detail in my TFSA and RRSP videos so make sure you check those out! =)
Thanks for your tutorial on how to sign up for Questrade and your referral link.
Thanks Somsky! I'm glad you found my tutorial helpful! =)
You should have a video on how dividends are taxed in Canada
That's definitely coming! Stay tuned! =)
Thank you for sharing what you know. It has been very helpful. Look forward to more videos.
Thank you! I really appreciate that! 🙏
Amazing jod bud!!!! Keep up the good work!
Thanks man! I appreciate it! =D
this is great thanks! Very helpful as usual. Trying to locate ticker symbols for etfs has been a challenge.
You can always google the ETF in question and if you know the fund manager, use their website to find the ETF you want!
In general, here are some tips to help. If the ETF starts with a V, it's probably Vanguard. X is Blackrock and Z is BMO. Those 3 are the most popular ETF providers in Canada (and around the world as well) =)
@@CanadianTShirt thanks that is helpful!
@@CanadianTShirt thanks!
Happy to help! 😊
Hey Adrian, thanks for answering my questions. I was curious though, you hold both XIC etfs as well as Enbridge stock, but XIC seems to have Enbridge as a holding, so I was wondering if there was any basis or advantage for having 2 of the same stock?
Excellent question! You are correct, by investing in XIC I am investing in Enbridge along with 230 other companies. However, Enbridge only makes up 4.3% of XIC so if I really want to reap the benefits of investing in Enbridge, I get more of an advantage by investing in Enbridge stock directly. But I also get more of the risk, if Enbridge does poorly, my stock does poorly. But if the other 230 Canadian companies do well, my XIC ETF will do well even if Enbridge suffers. The main reason I invest with Enbridge is to take advantage of its large dividends, currently a 7% dividend yield. XIC's dividend contains this Enbridge dividend but it is diluted by the 230 other companies which don't pay as much of a dividend so XIC only has a dividend of about 3%. In summary, it is wise to invest in ETFs to obtain diversification but if there are particular companies you believe in, invest directly in those stocks as well to obtain the most growth. I hope that helps! =)
Canadian in a T-Shirt thanks Adrian, helpful as always.
@@CanadianTShirt Thank you!
@@CanadianTShirt
Your channel comment section is a gold mine 🔥🔥🔥
@@CanadianTShirt TY for this comment that was well explained.
Im a young guy and I desided to pick both XEI and VRE a short time back before the corona hit, as two ETFs to have good exposure to the full cad market both Real Estate and Canadian Large div companies. Even bought through the downturn and I'm seeing really good performance on my portfolio so far. Which is super encouraging!
Great video! How do you compare ETF's to index funds like the TD E-series?
Index funds are just cheaper Mutual Funds that track an index, which is exactly what an ETF does. Index funds are definitely cheaper than traditional, actively managed mutual funds but they're still more expensive than a comparable ETF
The average mutual fund has an MER between 2% and 3%, index funds have an MER between 0.6% and 1.5% and ETFs are usually between 0.05% and 0.8%. And they are usually made up of the exact same equities and in roughly the same proportion. Mutual funds and index funds just cost more because they have to pay for an "expert" to manage your fund
Let's look at a TD E-Series index fund like the TD Canadian Index Fund -e. This fund tracks the Canadian stock market, the same index that the XIC ETF tracks. And if you look at the holdings and industry breakdown of this e-series fund, it is very, very close to XIC. But XIC only charges an MER of 0.06% whereas the TD e-series charges 0.33%, over FIVE TIMES the fee!
And this e-series index fund is the cheapest e-series fund that TD offers. All of the others have MERs above 1%. I would be fine paying this fee if I felt that I was getting measurable, value from it. But if you look at the breakdown of the fund, it's essentially the exact same as an ETF but far more expensive... I'll be making a whole video about why I avoid mutual funds and how much money ETFs can save you over your lifetime, so stay tuned for that. And thank you for that excellent question! =)
@@CanadianTShirt Thank you so much for your comments. They make a lot of sense.
Subscribed!The timing of finding your videos has been perfect with the current market climate. I have been slowly doing research before diving into investing and you opened my eyes to factors I had not considered. I've been sharing your videos with a bunch of my friends. Definitely looking to invest while these stocks and ETFs are at a discount
Thank you Caleb for those kind words and for sharing my videos with your friends! That really means a lot to me! 🙏
Is VRE focused on real estate businesses that generates income from equity/rent or from financing/mortgage interest rate? could you share a ref. link for more details on VRE?
Just look up VRE on Vanguard's website, you can see exactly which REITs make up the ETF and then look up each REIT to see what properties and what kind of properties they own =)
SO well explained! coming from someone who knew zip about stocks, I feel like i know a lot. thank you!!
That's what I LOVE to hear! Thanks Cassandra! I'm glad you found it helpful! =)
HI, any chance of having this list updated for 2021 ??
You got it Eduardo! I'll be making many more lists of stocks and ETFs to buy in 2021 but the good news is that all of these ETFs are still great pics that I am continuing to invest in 2021 =)
@@CanadianTShirt thank you for this reply. I had the same question.. Could you plz tell me if i have a TFSA contribution room of some 20K should i invest all that in these funds or you will be sharing list for 2021 as wellsometime soon...Thank you
@@motivationshortsadda all of these ETFs on this list are still amazing choices. I am personally still investing heavily in all 4 of these =)
@@CanadianTShirtsince I m a beginner would you suggest to use wealth simple for these ETF s ? is there any cons of using wealth simple with these ETF s.. thank you
@@motivationshortsadda These ETFs are all purely Canadian so WealthSimple is fine for these. But if you have any US stocks or ETFs, do NOT use WealthSimple since they will cost you a ton of money in currency conversion fees. I've talked about this in many of my Questrade tutorials so check those out =)
Thanks for your work. I just rolled an an resp into a self direct with VDY. Your ten minute video would of saved me a week of research and head scratching.
I'm glad I could help! BUT it's very important not to just blindly follow my advice. It's up to you to do your own due diligence and research before you invest. Take my recommendations as a starting point and as a guide of what kind of metrics I look for in a stock or ETF. Happy investing!
Also, good call on the VDY for your RESP. In terms of taxation, anything that should go into a TFSA is also safe for an RESP, so I would suggest high dividend paying ETFs or safe dividend stocks (CANADIAN as well) in your RESP. It's kind of funny but opening up an RESP is one of the things I'm looking forward to most about having kids haha
I had a question regarding foreign withholding tax on US dividends payed through a Canadian ETF. I understand that in a TFSA/RRSP the withholding tax is nonrecoverable, compared to a non-registered account where it is recoverable. I have no interest in currency conversion at this moment, and I have ample room in my TSFA/RRSP. I am in a 30% tax bracket, so my question is would it not be more tax efficient to hold VFV (tsx S&P 500 etf) in my TFSA and lose the 15% withholding tax, instead of holding in my non-registered where of course I could recover that 15% tax but it would be taxed at my full tax rate of 30% and be subject to capital gains tax when I sell
That's an excellent question! I'm going to be making a video all about taxes on investment income, including withholding taxes very soon. It can be complicated but I'll try to address it in a short comment. Since you're in a 30% tax bracket, I'm going to assume that you have an income around $70,000. You're correct that you pay 30% tax on US and foreign dividends but you only pay half of that (15%) on capital gains, whether they are Canadian or US capital gains
My general strategy is to reserve my TFSA and RRSP for high-yield dividend investments. If I hold purely Canadian dividends in my TFSA and purely US dividends (in USD) in my RRSP, I do not pay any taxes at all (until you eventually withdraw from the RRSP at retirement) That's because on dividend investments, you pay tax every single year so that really cuts down on your expected exponential growth. With capital gains however, you do not pay any taxes until you sell and I most of my growth stocks are things that I want to hold for decades. So for me, keeping a growth stock in a TFSA is a bit of a waste. Sure, I won't pay any tax on those capital gains I make 20 years later when I sell but during those 20 years, the TFSA hasn't given any benefit. But keeping dividend stocks in that TFSA gives me actual benefits every single year
In the case of VFV, I would consider the goal of that ETF to be capital appreciation over dividend income, since most of its holdings are big tech companies and this ETF has a very small yield around 1.5%. In that case, keeping it in a TFSA or RRSP doesn't make full use of those accounts. I would keep it in a non-registered account where yes, you pay 30% on those very small dividends and you will pay 15% withholding tax, all of which should be recovered with the Foreign Tax Credit and when you finally sell VFV, you only pay 15% on the capital gains. Save that TFSA room for high yield Canadian ETFs and dividends and save that RRSP for high yield USD holdings
I'm curious why you have no interest in currency conversion? Currency conversion into USD is a one-time 2% fee, or only a $10 commission fee if you use Norbert's Gambit (I will make a whole video on this very soon) Even if you just convert to USD the easy way, I would rather pay a one-time 2% conversion fee and hold US dividends in my RRSP rather than pay a 15% withholding tax EVERY YEAR. Anyway, sorry for the long-winded answer, I hope that helps and thanks for the great question! =)
@@CanadianTShirt I really appreciate you taking the time to answer. I completely understand. Thanks for explaining it in such detail
Hey Adrian love your videos very educational, just shared with my two children. just wanted to mention if you isolate your desk mic from your desk with some kind of isolator and used a pop filter it wouldnt be as noisy on our end. just some friendly criticism . Again thank you so much for all of your hard work and dedication to investing. Cheers.
Thanks buddy! You are absolutely right! This video is about a year old now so since then I did invest in a pop filter and I even got myself a newer microphone so I hope that the audio quality has improved in my newer videos =)
Honestly, I always appreciate the friendly criticism! I am still pretty new to filming and lighting and audio in general so I'm always willing to hear ideas on how to improve my production quality =)
great video!
Thank you! I hope you get the chance to invest in some of these ETFs soon! =)
@@CanadianTShirt soooooooon
@@yipengji2018 🤣
I was waiting for this ETF explained easy and systematically = sincere thanks
I'm happy to help! Thanks for watching Piyush! =)
Yo!!
👋
I got to say aside frm the great/clean info your style is captivating. Happy holidays
Thanks Paul! I really appreciate those kind words, Happy Holidays to you as well! =)
Another very informative video! I'll have to look into VRE... appreciate the tip.
I've also been looking at ZDV for a 4.38% dividend.
Also.. In this current market, I've been thinking of Low Volatility ETF's like ZLB... would appreciate your thoughts.
Thanks again for this great video.
ZDV looks very interesting. It seems to me like a mix between XIC and XEI. That 4.38% dividend yield is great and it's industry breakdown is very similar to that of XIC, other than low exposure to Materials. Also similar to XEI, all of its holdings are fairly evenly weighted. About half of ZDV's holdings have a weight between 2.5% and 3% which is nice. It doesn't have one stock dominating the weight the way that VDY does
Overall, ZDV looks like a really strong Canadian dividend ETF! My biggest complaint is that the MER is quite high with 0.39%. That's almost double the MER of XEI and ZDV has a lower yield. XEI's net income is 4.5% whereas ZDV's is only 4%. Still, this is definitely an ETF that I will keep an eye on. Thank you for the tip!
ZLB is definitely more conservative. My investments always have a long term time frame of 20+ years so I don't worry about short term volatility. I want high yield passive income or large growth potential, or both! ZLB definitely has consistent and steady growth but it's nothing too exciting. And in terms of income, it has a dividend yield of 2.4% but an MER of 0.39% so a net income of only 2%. That basically cancels out inflation
So after inflation, you're basically not gaining any income, you're just relying on the small but reliable growth. This isn't the kind of ETF that I am looking for, in my long term horizons but if you're looking for something in a short time frame, less than two years, it looks like a pretty decent choice
Also, since it pays such low income and most of it's value is going to be in capital gains, I wouldn't keep it in your TFSA. I would keep it in your taxable account since you won't be paying very much taxes on this investment. I would rather reserve my TFSA room for HIGH YIELD dividend stocks and ETFs. I'll be making a whole video about what goes in my TFSA vs RRSP vs taxable accounts to minimize taxes so check that out! And sorry for the huge answer.... I got a little excited haha. But thank you for the excellent question! 😄
Hey man, love your videos, sometimes investing can seem complicated so I'm glad you're there!
Thanks Christophe! That's the whole reason why I started this channel in the first place! I want to make investing more accessible for beginners since I know how intimidating it can be! =)
buddy, your sound was awful, too much low end and boomy, be careful !
I know man... this was with my old, cheap mic. I invested in a better mic (Blue Yeti) with a pop filter so my more recent videos should sound better! I hope so at least! =)
Waiting for your video for US ETFs recommendations!!!!! We check in everyday, please upload soon!!!
My bf and I have been watching your videos during the pandemic and they are the BEST on TH-cam! You make everything so clear and easy to understand, we are fans! We are interested to learn more on your recommended ETFs for US market, please do one soon! :D
Thank you! I really appreciate that and I'm happy that you and your bf have been enjoying my videos during the quarantine! 🙏
I am currently working on my new video: Dividends Explained which should be released tomorrow and then I'll make a video on my favourite US Dividend stocks next week! My favourite US ETFs will probably come a few weeks after that. Stay tuned for that! 😁
Canadian in a T-Shirt Hey buddy. Did you eventually make the clip for your favourite USA ETFs? Please share link here. Thanks.
Great video, help me a lot keep this up. we are with you to support your channel.
Thank you!!! I'm really glad my videos provide value and thank you for supporting my channel! 🙏
Thanks for your advise. I finally ended up starting my personal ETF portfolio, using these 5 ETFs. Also used your link to sign up with Questrade. Thanks my friend. You are doing a great job!!
Thanks buddy! I'm glad that I was able to play a small part in your investing journey! Happy investing! =)
Thanks for these clear and straighforward videos. Awesome job!
Thanks Julie! I'm glad I could help! 😃
I am watching every single video from you. Thank you!
That's what I want to hear! Thanks Wagner! 🙏
Omg, I love your channel even though this is my second video! Thank you for your work! 😍
Awww thank you Thais! I appreciate that and welcome to the channel!! 😁
Very good channel and video ! I am amazed at the quality and clarity of your explanations ! Keep up the good work !
Thank you Ludovic! I'm glad I was able to help! =)
Wonderful video. So much things to learn from you. Thank you very so much. Best wishes. See you again.
Thanks Wali! I'm so glad you find my videos useful! =)
100% agree with Rachelle Anne, definitely shed some light on investing, Glad I found your channel
(JUST SUBSCRIBED)
@Rachelle Anne is a very smart lady, she knows her stuff! I'm glad you found me and I'm happy that you both find my videos helpful! =)
I have been learning alot here.Thank.I have not locked my investments in DRIP because I need the cash but If I dont need that money I invest my dividend in more ETFs.
That works too! Your investments will grow exponentially if you reinvest your dividends but if you need the cash, then sure you can spend it and you can count on that reliable income =)
With everything I’m learning of this channel I’m ready to make some smart choices for the new year!! There’s an idea for you,..How to reshuffle your portfolio after the pandemic
Thank you Giuseppe! I'm happy to hear that my videos have been helpful for you to get started! And thank you for that great suggestion! 🙏
Canadian in a T-Shirt Awesome :-)
Thanks a lot! Great vid, now i must start doing my DD on these ETFs! :)
You got it Michael! That's the MOST important part! These videos are just to give you my perspective and explain why I personally like investing in these ETFs but it ultimately falls on you to do your own research and make your own decisions! =)
Can you clarify what you are saying at 0:47?
Your TFSA should be reserved for Canadian investments. Once your TFSA is maxed out, these Canadian investments could also go into your RESP or RRSP to take advantage of the tax sheltered growth! Personally, I reserve most of my RRSP contribution room for US dividend stocks and ETFs (to avoid the US withholding tax) but I also hold Canadian stocks in my RRSP! This is because for most people, especially after years of working under their belt have far greater RRSP room than TFSA room. I hope that helps! =)
@@CanadianTShirt great thanks. I think I missed the "maxed out" part. Great videos BTW.
Really enjoying your videos, easy to understand and well explained in all aspects of the market.
Thank you Jag! I really appreciate it! Maybe you could binge all my videos over the weekend 😁
Watching all the stock market videos, the credit card ones are also informative but I never paid interest on any of my cards ever. Drilled into me at a young age. If anyone carries a balance on their CC’s monthly. Watch those to learn how your getting milked by big companies. Forwarded a few videos to my buddies, hopefully they enjoy and subscribe! Keep up the great work.
Adrian there is a bmo etf with ~7% yield that uses the covered call method. So its like collecting high compounding interest with little exposure to growth/depreciation of the market. I know you're one for dividend collection which is why i brought it up.
P.S: 0.72 MER not sure if that breaks the deal. Still higher dividend and less exposure to risk than other etfs on the list.
Hey Abdulla! Personally I avoid options trading entirely including covered calls. I understand the temptation especially with such high yields but options trading and covered calls are significantly riskier than pure stock and ETF ownership and I don't recommend them especially for beginners! But if you want to experiment with them and if you're okay with that risk, then go for it! It just doesn't fit with my personal strategy =)
Recently, I’ve been buying DFN and DIV. They aren’t ETF’s but they are currently high yield dividend stocks that pay a consistent dividend. When I looked at the history, they have seldom ever missed a dividend and seldom raise or decrease it, regardless of the price. I’m buying them up as quick as I can because the yield will go down when they go up in value, but if I can build a sizeable position before then, I’ll be better off than those buying in later when the price goes up and the dividend stays the same. I know a lot of investors look for something where they see the dividend increase; but I see potential in these shares that aren’t necessarily growing the dividend, but remain consistent through both low and high share prices so long as you buy them while they’re cheap.
The only period where dividends were suspended that I noticed with these stocks is during the 2020 pandemic, when most companies had stopped or cut their dividend anyway.
Real useful video. Thank you from Ukraine!
That's great to hear, thank you for watching! 🇺🇦
I'm from Romania myself so it's nice to get some love from Eastern Europe! =)
As a new investor I really appreciate all the information. Thank you for your efforts.
Thanks Cory! I'm glad to hear it was helpful! =)
This very is so helpful ......thank you very much
Thank you Aeriel! I'm so glad you found it useful! =)
I bought XIC and VDY love that comparing the past several months these etfs are on their way back up from the fallout so the markets are increasing so since I’m a little late to the game I’m still not that late cause the markets are going back up
You got it buddy! Now is a GREAT time to buy those ETFs at a huge discount! And keep collecting that great passive income in the meantime! =)
I am going through all your videos, when done I will open an account with Questrade using your link. Thank you!
That's awesome Juan! I'm happy to hear that my videos are helpful and I hope you enjoy Questrade. Happy investing! =)
Will you be doing a 2021 ETF/dividends video? Thanks for all videos, they have all helped!
Absolutely! All of these ETFs here are still great and I continue to invest in them but I will definitely be including some more as well =)
Great video Adrian!
Thanks Beatrice! I'm glad it was helpful! =)
Very good and well explained video, buddy! I own XIC, XEI and XRE. Good to know about the VRE, will go to my portfolio as well.
That's great to hear! Great minds think alike 😉
What other ETFs do you hold in your portfolio? =)
@@CanadianTShirt Only the 3 mentioned! I'm green in the stock market in Canada, I began investing here about 6 months ago! Besides these 3 ETFs I have CHE.UN, looks like a good company with good demand of the products they produce, not to mention the DY!
getting great ideas. learned a lot. Keep uploading more.
That's what I want to hear! I'm glad my video was helpful! =)
@@CanadianTShirt hey ! Im new in this field. Is it good time to invest ? And really need to invest more money ? thousands of money ! I really need some good tips. I want to be in touch with you and want to learn more. Your tips are really helpful. actually I'm new in canada and i don't know much more about markets. My email hbaraili123@gmail.com please contact me.
Another great video bud!! Thank you so much.
Thanks man! Happy investing!!
you're a genius! love your videos
Wow! Thank you Vivian! That's so kind of you to say and I'm glad my videos have been helpful! =)
Hi Adrian, I would love to see how you research and assess different ETFs (tools, methodology, etc.). Love the channel; I am watching all your videos in chronological order currently. And thanks in advance if you have already or plan to put out this type of requested content in the future.
Just discovered your channel and learned a lot of things. Thank you!
Thank you Asma! I'm glad you found me and welcome to the channel! 😁
Great explanation! Thanks a lot.
Thank you Elsa! I'm glad it was helpful! =)
I really enjoy your breakdown approach! Keep it up, much appreciated
Thanks Andrew! =)
Amazing videos! i usually get asleep right away when im opening similar educational content ,but the way you explain becomes extremely clear and the subtitles on the left REALLY helpful !!!
One question : what do you think about the QTBC (BitCoin) there are many predictions that they might hit the 100K treshhold for the upcoming 2011-2022
Thanks Vladimir! I'm happy to hear that my videos are engaging and helpful! =) Personally, I don't invest in BitCoin but if you want, go ahead! Just be cautious, don't invest with serious money that you are counting on. When doing speculative, riskier investments only play with money you won't be needing =)
Smashing the like button on this. Thanks for the clarification
Thanks Jonathan! I'm glad it was useful! 😁
Thanks for the info on ETF's. I was looking to diversify into high dividend positions and you really helped me decide.
I'm glad I could help! I would also suggest to check out my favourite dividend stocks to buy right now during the crash.
th-cam.com/video/-isa56QZNQc/w-d-xo.html
Doubling down on these strong dividend stocks is a great way to boost your ETF portfolio for passive income =)
Thanks man! So good!
Thanks buddy! That's what I love to hear! =)
Question! Do I have this correct: In a RESP you recommend Canadian investments and no US Investments because of the withholding tax on US capital gains? Unless you investing in an RRSP.
So would you recommend purchasing all of these ETFs in equal proportions in a RESP? Also what about BONDS as the RESP comes closer to the time the beneficiary may pursue higher education. Thanks! Learning lots!