just bought $1000 in RioCan....to go with TD and many of the other ETFs you recommended...it is so easy to get overwhelmed by all the investing info out there....but I have this vibe from your videos to trust in your advice...thanks
Hi Adrian, thanks for another great video. I do own both TD and RIOCAN and they have been good to me...Sometimes I just watch these videos to re-assure myself that I should not sell anything in this down turn even though it freaks me out a bit to see the -P&L. Thank you for keeping me sane!
My pleasure Natalie! I'm glad that my videos help preserve your sanity! I know what you mean, it can be scary when you start to see red losses but remember, when we are buying stocks, we are owning parts of the company. So have faith in the future of the company! I don't really care what happens to TD stock tomorrow because I know for a fact that the company TD will continue to grow and be around and enormously successful 30 years from now =)
TD was my first bank account and second stock purchase. I’ve made enough in dividends to pay for another stock. It’s lowkey awesome. Wish I started earlier. It’s great to know I’m on the right path.
@@Shay416 that's amazing!!! I know I'm a total geek about investing but in all honesty, one of my favourite days of the month are when my dividends come through and it's enough for a DRIP. It's the feeling of making money in your sleep and it's snowballing! 😁
This! This is a great video for everyone who wants to learn and start investing. Thanks again for this valuable content and answering questions from all of us. This just shows your passion for sharing. Keep it up, Adrian!
Thanks Ari! May I ask where you live? I would certainly consider adding some Canadian positions, we have some of the best dividend growth options out there =)
Great to see you again, Adrian! Instead of being scared in this market drop, I’m learning to continue to invest while the stock prices are lower. I did invest in Manulife & Smart Centre in recent months. It’s kind of shocking to see how low TD , and RBC prices have reduced.. but makes it easier to buy more shares.
You got it Missy! I have made several videos on what to do during a Market Crash (check the playlist below) 👇 But you're right! The vast majority of people are overly emotional, meaning that they give into fear and they panic when the price drops but the important thing to keep in mind is that NOTHING HAS CHANGED with the company itself! It's still the same company making a profit, so the drop in the share price is just an opportunity to buy MORE shares at a discount! Check out my other videos on what to do during a Market Crash =) th-cam.com/play/PLj8bU3AuW2qH5PDXX5vLxsF5zPE0sOCji.html
Great info as always Adrian. Thanks to you in a previous video on Reits, I was able to purchase my first REIT and put it in my RRSP and shelter it’s dividend vs my margin account.
It's my pleasure Travis! And thank you for supporting my channel! I'm sure if you've been going through my members-only videos, you won't be surprised to see my favourite stocks here =)
Thanks Adrian, I was looking forward to your next video. I will be grabbing some shares of TD soon to complete my trio of Banks with Royal and National bank. With the current volatility ill also be investing further in my utilities stocks FTS, ENB and AQN. You need to get in on ATD. Great stock. Cheers man.
ATD has actually been on my eye for the past year or so! I have some indirect exposure through ETFs but I don't own any direct stocks yet! But your other holdings sound great to me! Keep it up! 😁
Hi Adrian I agree that TD is a great stock, but REI-UN historically has a poor capital appreciation, personally I prefer GRT-UN. At the end of the day a total return is all that matters. Thanks for the video.
I'm guessing your friends are fans of my channel! 😉 I invest in ALL of those stocks and I've talked about them many times in my past videos and I have DRIPs setup with all of them =)
Great vid as always! You’ve mentioned in other videos that you also invest in growth stocks, do you have any videos coming up where you give some growth stock recommendations? I feel those would be some good videos that would be interesting to see
Sure thing buddy! I haven't made a US stocks video in a while. You can check out my Members-Only videos, roughly half of them are about the US stocks that I'm investing in =)
You mean for a business bank account? Personally I use BMO since they offer a great account for online-only transactions (I don't ever deal with physical cash since I'm an online business) But each of the big 5 banks will offer business accounts, it really depends on the nature of your business what suits you best =)
@@valueStocks fair enough. Most REITs are quite leveraged but as you said, as long as they have quality tenants and low occupancy, they are still profitable and well positioned to recover once rates return to normal =)
That dividend yield is even juicier than their cheesy pizza! I don't personally own Pizza Pizza but I will have to look into it and ensure their dividend is sustainable =)
Hey man. This is great. It's so hard to save just the first $1000 tbh. Having to get groceries and pay bills. Everything costs it seems all of my money. Haha lol
Oh believe me I know the pain... All you can do is invest what you can. Especially now with rising costs across the board, that's harder and harder these days but remember you are investing in YOUR future. This isn't money down the drain, this is YOUR money that you will enjoy many times over in the future. And make sure you always follow my 4 steps in HOW TO BUILD WEALTH especially in times like now: th-cam.com/video/L10wfYl3_Qs/w-d-xo.html Your biggest priorities should be paying off high-interest debt (credit card debt if you have it), reduce your spending and track every single expense with a budget Excel sheet, top up your emergency savings fund and only after all of that, invest what's left =)
Very important! Just because a stock is down, does NOT mean that it's on sale! You have to do research and ensure that the company is still fundamentally on the right track and profitable. You don't want to catch a falling knife =)
Hello Adrian! Thanks for sharing theses amazinig videos! I just moved to Canada from Spain, and everthing here is completely different! I'm Just curious, what do you think about diversify our TFSA or RRSP in others countries like India? It's doing really great. Thanks in advance!
International exposure is very important! But keep in mind that buying stocks directly from outside Canada and the US can get very expensive! A better way is to buy international ETFs in USD. I can cover this in an upcoming video =)
Hi Adrian, Great to see you again!!, Thanks for another great and informational video. TD and Rio Can is for sure my next additional stocks in my Portfolio, for sure I will buy them. I have question, you mean I have to use my TFSA account to purchase RIO CAN to avoid taxes is this correct? secondly I have U.S. stocks in my RRSP Account, am I gonna get taxes for my US Stocks, is this good though. I am trying to clean my portfolio, and sell some of my stocks that is under performing, is it good timing to sell some of my stocks and re invest it? thanks man!!! is your RESP Seminar in Questrade a go?
Yes when it comes to REITs, you really should hold them in your tax-sheltered accounts like the TFSA or RRSP since those dividends (distributions) are taxed heavier. And absolutely you should hold US stocks in your RRSP, especially if they pay dividends since the RRSP is the ONLY place where US dividends are 100% tax-sheltered! =)
Ya man! The webinar will be Thursday at 4 pm Eastern time, I hope to see you there! And regarding portfolio cleanup, with the market down right now it hurts to sell stocks at a loss. I would only sell if you truly believe that the companies will not recover. Otherwise, let them recover so you don't lock in a loss =)
I personally don't invest in options and I don't recommend it for beginners. It is far more complicated and risky than buying and holding stocks and ETFs. If you don't know what you are doing, it is MUCH easier to lose money so don't blindly jump into it. Maybe in the future, I might play around with options but for now, I only want to make videos on things which I have extensive, personal experience with. I hope that helps! =)
We will definitely see some more volatility in the short term but this is still one of my favourite stocks and I am continuing to invest and take advantage of these discounted prices =)
Thanks Gus! I don't personally own AQN directly (but I have exposure through various ETFs) but SRU is one of my favourite REITs and I am definitely buying more of it with the market down! I talked about SRU very recently in this video on the BEST DIVIDENDS TO BUY at a DISCOUNT in 2022 =) th-cam.com/video/x1Uch7qZcvo/w-d-xo.html
1:30 you mention that you only hold REITs in your TFSA to avoid tax, but SmartCentres is in your RRSP. Is there a particular reason why you've done it this way?
I talked about SmartCenters in my Members-Only Portfolio Reveal videos but the simple reason is that my TFSA was maxed out! Since I have already been working for over 10 years, I had considerably more RRSP room available than TFSA room and when I started buying SmartCenters, I knew that I wouldn't have the TFSA room necessary to reach a DRIP so I decided to buy it in my RRSP instead. It really doesn't matter, for Canadian REITs and dividends they are both 100% tax sheltered in either an RRSP or a TFSA
As I talk about in my RRSP Explained videos, I generally prioritize US Dividends in my RRSP since the RRSP is the only place where US dividends are 100% tax free (since US dividends are charged a 15% withholding tax in a TFSA) but I do hold some Canadian stocks and REITs as well in my RRSP including SmartCentres. If I had more TFSA room, I would have bought it in my TFSA instead to keep all my Canadian REITs together but it was just a matter of available room =)
I definitely recommend you watching my playlists! I colour code them (eg. silver thumbnails = Taxes, green = Investing guide, light blue = Stock Picks, etc) 🙂
i dont like you saying, you would be buying rio can at 24% discount. how do you know its a discount not a fair market value, maybe you are buying it not 24 % overpriced.
You can't go wrong with any of the big banks! The main reason why I love TD is for their successful and aggressive expansion into the US. That's what really sets them apart =)
Really enjoy your straightforward no nonsense investing advice. One minor addition that would help me is to have the date of the video displayed. Currency of the advice is important in investing. I know that TH-cam has the posted date of all videos, but I find myself having to jump back to check these dates and I wouldn't have to if it was there on the video.
Thanks George for those kind words. As you say, TH-cam posts the upload date directly underneath every video, for this video it was uploaded on Sep 18, 2022. Again, I am a long term investor and these 2 stocks have been my favourite investments for almost 10 years. The main value of this video is explaining the business practice and financial health of these companies, NOT the current share price which fluctuates every minute. So even if you are watching this video a few months later, 90% of the info is still valuable. Of course you should always research a stock to see the current conditions before you buy =)
Hi Adrian, very happy to have your video. I learned many knowledge about the investment and saving in Canada. May I share my question with you on comparison between investing RBC and TD? I found that the Beta (5Y Monthly) of RBC is 0.76, TD's 0.88. They have same 4% appx. dividend yield. Should we pick the lower beta one (RBC)? is that mean RBC is more stable and lower volatility compared to the whole market? Thank you.
You don't have to pick one or the other, I invest in both! The beta is just one factor among dozens to consider when analyzing a stock! At the end of the day, both banks have a bright future, long history of increasing dividends and growing profits so I like both of them. I just prefer TD because of their US expansion strategy and they are more client-focused than RBC which is more corporate focused =)
ZEB is an ETF that just contains the 6 big Canadian banks. Personally I'm not a fan of ZEB because they're charging you a pretty high management fee of 0.28% every single year just to hold 6 stocks.... I can easily buy those 6 stocks individually and avoid that annual fee! The main benefit of an ETF is built-in diversification so I prefer ETFs that contains dozens or hundreds of stocks! For just 6 stocks, buy them yourself =)
That's amazing! That's one of my favourite things about MFC and Telus, with their high dividend and low share price, they are super easy to qualify for a DRIP! 😁
@@CanadianTShirt was happy finally locking in that dollar amount, I think my first MFC payment where I can buy back a share with my dividend will happen this week too!
Once again nice information video 👍. But one small thing. These are good for first watching your channel. But I am following from 2 years. This 2022 I didn’t see any new videos all are repeated ones. I know we need to join the special member program to get new ones. But could you please try to put some videos for your poor subscribers who is not able to pay and get the membership. Aleast one new video for 1 quarter that’s more than sufficient. This is kind request. The way you Conway is so nice and good. 🙏🙏🙏
Questrade is my overall favourite Canadian broker, especially when it comes to ETFs since they don't charge any commission fees when buying ETFs! This saves you a ton of money in the long run! Check out my video tutorial on how to OPEN A QUESTRADE ACCOUNT here =) th-cam.com/video/uoOBRUY8IXQ/w-d-xo.html
Good content! Do you share your dividend spreadsheet? Did u set it up yourself? I need to get a handle on my dividends now that retired. Thank you for any insights.
Yes it's a Dividend Tracker Excel spreadsheet that I made and have been using for almost 10 years! I include a FREE Excel Template that you can download and use in the description box below my video. I'll include a link here as well =) bit.ly/2O4f3sr
Hi Adrian. I am in the process of transferring in my portfolio from EJ to Questrade. I have a question regarding buying dividend stocks and Drips. While at EJ they did fractional shares so it was not an issue. Questrade only re-invests whole share. My question being, is it better to keep topping up say TD to get to the DRIP threshold sooner, or better to buy TD one month then stocks in a different sector like BCE to keep the portfolio fairly balanced the next and just take a longer time to get to the DRIP threshold for all sectors? Thanks Adrian and keep the vids coming, learning a lot from you and looking forward to saving all that extra money with Questrade to invest.
Most REITs will announce their quarterly and annual FFO and FFO Ratios in their quarterly financial reports. But I always double check with my own calculations and the calculation is simple: divide the dividends per share ($ amount not %) by the FFO per unit and you get the ratio =)
Make sure you watch the full video! RioCan is trading at a 24% discount right now! And the banks are also trading at around a 20% discount so it's a great opportunity =)
How come Riocan is so inexpensive per share? And how come the dividend is never shown? Yah finance displays it only. I beleive the share is low right now.
I think your internet browser might be acting up... try clearing your cache and restarting. Yahoo Finance is usually pretty good at avoiding bugs and glitches like that
And real estate across the board is getting hurt right now due to the record high interest rates. REITs have a huge amount of debt because they take on mortgages to buy new properties so when interest goes up, REITs are hurt bad but as long as they have quality tenants, they will survive, remain profitable and eventually recover =)
@@CanadianTShirt he passed recently. My father and uncle now own them. At the highest, he had more than 300000 common shares. Bought into the company when the merger of Toronto bank and dominion bank occurred. They had a program in the late 50s to get employees to take loans to buy shares at no interest. He used to the dividend payments to purchase more shares over a period of 45 years.
Don't be seduced by a huge dividend yield. Yes those stocks pay out MASSIVE dividends of 15% but they are NOT sustainable! They are bleeding themselves dry by paying out such huge dividends. With income / split funds, sure they pay out massive dividends but there is literally ZERO chance of any capital growth in fact they almost always LOSE money over time! I would rather invest in these two stocks since I expect reliable dividends AND capital appreciation =)
I think RioCan has yet to reinstate DRIP? On their website, it's still showing that they suspended its DRIP until further notice effective November 1, 2017.
Yes RioCan suspended their DRIP years ago but that's why I set up my DRIPs through my broker, Questrade NOT directly with the company! Enbridge also suspended their DRIP about 3 years ago but for both RioCan and Enbridge, I set up a DRIP through Questrade so that I can DRIP ANY stock or ETF I want, even if the company itself no longer offers a DRIP! Check out my DRIP EXPLAINED video to learn exactly how to do that! =) th-cam.com/video/ouyXwaTOfhU/w-d-xo.html
Hi Adrian! An other one great video. I 'm building my excel sheet based on yours. How do you manage your share value? With the share fluctuations, did excel update the book value automatically based on your share #? For the dividend rate, if it increase or decrease, did you change it manually by following all of them or you have set something ? Thanks for your help and always nice to watch and listen your precious informations!
That's why I record the BOOK value and not the market value! The Market Value changes every minute of every day so I don't bother recording that, I just let Questrade handle that for me. But the Book Value is how much money I put in so I only update that a few times a year, when I buy new shares or when I receive a DRIP. Likewise with the dividend, most companies only increase their dividend once a year so I update that when it happens. I like doing it manually, it forces me to reflect and keep track of my portfolio as a whole =)
@@CanadianTShirt Thanks Adrian! I will follow your way. When you calculate your dividends, you apply the % to your Book value to reflect an average (or you cut and paste the amount you found in your dividends history)? Thanks Adrian
@@pierreben4511 To calculate the dividends I receive, I simply multiple the # of shares by the dividend per share. I use the $ dividend amount not the % dividend yield. The $ dividend amount only changes about once a year whereas the % yield changes with the price so it changes every minute. Hope that helps! =)
You are correct! RioCan suspended their DRIP years ago but that's why I set up my DRIPs through my broker, Questrade NOT directly with the company! Enbridge also suspended their DRIP about 3 years ago but for both RioCan and Enbridge, I set up a DRIP through Questrade so that I can DRIP ANY stock or ETF I want, even if the company itself no longer offers a DRIP! Check out my DRIP video to learn exactly how to do that! =) th-cam.com/video/ouyXwaTOfhU/w-d-xo.html
If I maxed out my tfsa already with us equities (index funds) and fixed income (GIC). Is there any downfall to purchasing Canadian dividend stocks in my RRSP? I know it’s better to hold u.s equities in your rrsp but I want to start a individual Canadian dividend stock portfolio
Not at all! Canadian dividends are REITs are 100% tax-sheltered in both the TFSA and RRSP account! The only difference between them, like you said is when it comes to US dividends. Since US dividends are tax-sheltered in an RRSP but in a TFSA, they are charged a 15% withholding tax. That's why I prioritize US dividends in my RRSP but I also hold some Canadian stocks and REITs as well, for the same reason as you because my TFSA was maxed out first =)
And thank you Jordan for being a new member and supporting my channel! Since you're a member, make sure you watch my PORTFOLIO REVEAL videos including this one on my RRSP REVEAL where I talk about this very issue in detail =) th-cam.com/video/nxGSCyeOhEg/w-d-xo.html
I love them both! I also invest heavily in SmartCentres! At the beginning of this video where I show you my Excel Dividend Tracker, you can see that SmartCentres is one of my largest holdings in my RRSP portfolio (since my TFSA was maxed out at the time) I also talk about SmartCentres in great detail in this video on the BEST DIVIDENDS TO BUY at a DISCOUNT in 2022 =) th-cam.com/video/x1Uch7qZcvo/w-d-xo.html
The cool thing about SmartCentres is that they actively avoid enclosed shopping malls. They ONLY focus on open-air shopping plazas and they are heavily focused on Walmart. RioCan on the other hand is a little more diversified and they avoid relying too much on one retailer. I say get them both =)
I'm wondering: how can we mark a US etf as a non-dividend? what if the company changes it's strategy and now you've to pay withholding taxes? Anyway to be sure that the etf will always be a non-dividend one?
You don't have control of that! For example, Amazon does not pay a dividend. They have never paid a dividend, most tech stocks don't pay dividends. But one day, Amazon might decide that it's time to start flowing their profits out to investors through dividends. If that's the case, then people holding their Amazon stock in their TFSA will start to pay that 15% withholding tax, which is unexpected. The same thing happens with ETFs. You can't control what stocks the ETF holds, the fund manager does that but they will keep you informed if they make a significant change like that. I hope that helps! =)
@@CanadianTShirt Thanks a lot Adrian! I'm almost on the fence to become a member, getting so much value! Do you have trial member plans/ some resource that gives a teaser of member only content, just to see what it's like to become one?
@@shreeniketjoshi Unfortunately no, I don't run the membership program, Google runs it through TH-cam (and they take about 30% which sucks lol) But what you can do is join for $5, binge watch all my exclusive videos and then cancel before the end of the month. Of course, I hope you stay on to support me and watch more of my members-only content but you do have that option! =)
@@shreeniketjoshi watch my Membership ANNOUNCEMENT video here where I go over the purpose and the benefits of this program =) th-cam.com/video/fd_Lp4CaDQs/w-d-xo.html
Great. Video. What happens to the amount of dividend if the stock prices drops? Example a $1M portfolio pays $10K a month but the value drops to $800K. How does this affect the monthly dividend received?
Nope! Not unless the dividend amount is cut! Companies will usually only change their dividend amount once per year (usually an increase but sometimes dividends can be reduced as well) Whereas the share price and thus the % dividend yield changes every minute! So if the share price drops by 20% but each dividend continues to pay the same $ dividend per share, then you will receive the exact same dividend amount in cash! I talk about this in greater detail in my DIVIDENDS EXPLAINED video here =) th-cam.com/video/6xzfgObXxvU/w-d-xo.html
Absolutely! With the lower share price, it's easier than ever to qualify for a DRIP! The dividend per share is the same, so you can lock in a higher dividend yield AND it makes it easier to DRIP since it's cheaper to buy an extra share =)
This video was about my favourite stocks, I have made several other videos on my favourite ETFs including this one on the BEST CANADIAN DIVIDEND ETFs: th-cam.com/video/5crp5qeQing/w-d-xo.html
When it comes to VFV, I prefer to buy VOO which is the exact same index fund from Vanguard but it is in US dollars not in CAD. That's because VOO is almost 3 times cheaper than VFV in terms of the management fee but more importantly, holding VOO in my RRSP account I will avoid the 15% withholding tax on those US dividends! If you hold VFV, you can't avoid this 15% withholding tax, even in a TFSA. Of course VFV / VOO doesn't pay the biggest dividend but still, why pay taxes when I don't have to =)
Can u make a video on long term disability income of $29,000 on right about tax deduction In BC....deduct was 10 % both comine..yet u said 15% of one tax ...I should ask for additional tax of 15 % yet I already go to food banks to make it through a month
Thank you Adrian for the video, I wish I can invest like you, I only have a open work visa here in Canada as a worker and I am not sure if I am allowed to buy stocks from the companies that you have mentioned. :(
You definitely can! When did you arrive in Canada! You don't have to be a citizen or a PR to invest in the stock market! You can even open up a TFSA since you gain contribution room as soon as you move here. I cover this in my 2023 Tax Changes video here, check out that video to see your TFSA available room based on the year you moved to Canada th-cam.com/video/Zjfy_G1l5ok/w-d-xo.html
However if you just arrived here in 2023, you won't be able to open an RRSP account this year. You will have to wait until next year when you file your tax returns. I cover that in my RRSP Explained videos if you want to check it out =)
@@CanadianTShirt Hi Adrian! I arrived here together with my wife last December, 2020. I started working last January, 2021 till present. Thank you for letting me know that I can open a TFSA. Would you happen to have a video where I can use my TFSA to buy S&P500 ETF? Can I buy the mentioned ETF with just 200 CAD? This is the only money that I can set aside for now. Thank you so much for the reply, I do appreciate it. I do pray for the success of your channel, you have been helpful to so many people. God Bless You!:)
Can someone please clarify about TD DRIP requirement amount ($8,510). Do I need to own TD stock worth of that amount or have that sum in my account? Thanks
Check out my DRIPS EXPLAINED video below to learn how it all works! Basically a DRIP occurs when the dividend you receive is enough to buy yourself an extra share of the stock. So for TD, if you bought $8,510 worth of TD stock right now, you would own enough shares so that the dividends every 3 months will be enough to buy a new share automatically =)
Of course, you do NOT need to reach this $8510 amount all at once! It took me 6 years to reach a DRIP with TD. Invest what you can and work your way up to it. And check out my DRIPs Explained video below =) th-cam.com/video/ouyXwaTOfhU/w-d-xo.html
Hi Adrian! Great videos. Could you help me understand why someone would buy REITs and dividends stocks in a TFSA instead of an S&P 500 ETF? Wouldn’t VFV/VOO capital appreciation grow faster than distributions/dividends income? I understand the 15% withholding tax concern.
It's all about diversification! You should not pick one or the other! Invest in BOTH! Yes the S&P 500 is one of the best investments in the world but it is heavily dominated in tech and it only includes US companies. You also want exposure of the Canadian market and other sectors like Real Estate to get a balanced portfolio =)
Watch my video on WHY DIVIDENDS, there are many benefits of dividends over growth-oriented investing. Especially in a bear market since your money is ALWAYS working for you and you are never wasting time. But again, it's not one or the other, do both! =) th-cam.com/video/tfADYQuj6vY/w-d-xo.html
Hi Adrian, question: I noticed your proportion invested into VDY was quite small compared to REI or TD. Why not just put all your funds into a high dividend ETF like VDY? That’s diversified, low cost, and a large amount would start the DRIP snowball. It looks like you’re buying similar holdings individually.
You are correct! RioCan suspended their DRIP years ago but that's why I set up my DRIPs through my broker, Questrade NOT directly with the company! Enbridge also suspended their DRIP about 3 years ago but for both RioCan and Enbridge, I set up a DRIP through Questrade so that I can DRIP ANY stock or ETF I want, even if the company itself no longer offers a DRIP! Check out my DRIP video to learn exactly how to do that! =) th-cam.com/video/ouyXwaTOfhU/w-d-xo.html
@@CanadianTShirt I use Qtrade - Are you aware whether or not it's possible to set one up through them as a broker? With either Rio Can, Enbridge, or any other stock that doesn't normally support a DRIP?
Absolutely you should! There's no reason to pay taxes on your investments when you have tax-sheltered room waiting for you! The majority of my TD shares are in my TFSA but once my TFSA was maxed out, I had to start buying new shares in my Margin account =)
If you have general questions, ask them here in TH-cam comments so that EVERYONE can benefit from the discussion! But if you have a private question or want one-on-one coaching, then send me a message on Instagram and we can arrange a call =)
Thank you Adrian. Please never stop making these videos. I think a lot of us greatly appreciate them.
You got it Sean! I don't plan on stopping any time soon! =)
just bought $1000 in RioCan....to go with TD and many of the other ETFs you recommended...it is so easy to get overwhelmed by all the investing info out there....but I have this vibe from your videos to trust in your advice...thanks
Added Manulife and TD to my portfolio during the recent dip, thanks for the heads up months prior!
That's what I LOVE to see! I'm happy to help! 😁
Hi Adrian, thanks for another great video. I do own both TD and RIOCAN and they have been good to me...Sometimes I just watch these videos to re-assure myself that I should not sell anything in this down turn even though it freaks me out a bit to see the -P&L. Thank you for keeping me sane!
My pleasure Natalie! I'm glad that my videos help preserve your sanity! I know what you mean, it can be scary when you start to see red losses but remember, when we are buying stocks, we are owning parts of the company. So have faith in the future of the company! I don't really care what happens to TD stock tomorrow because I know for a fact that the company TD will continue to grow and be around and enormously successful 30 years from now =)
TD was my first bank account and second stock purchase. I’ve made enough in dividends to pay for another stock. It’s lowkey awesome. Wish I started earlier. It’s great to know I’m on the right path.
@@Shay416 that's amazing!!! I know I'm a total geek about investing but in all honesty, one of my favourite days of the month are when my dividends come through and it's enough for a DRIP. It's the feeling of making money in your sleep and it's snowballing! 😁
This! This is a great video for everyone who wants to learn and start investing.
Thanks again for this valuable content and answering questions from all of us. This just shows your passion for sharing. Keep it up, Adrian!
Thank you for those kind words! I'm glad that you are finding value in my videos and yes, I LOVE replying to your questions and comments! =)
I think every Canadian a must to watch your videos. 👏
Thanks a lot! 👍 🇨🇦
Thank you so much for those kind words and that's my goal one day! 🇨🇦
Not invested in any Canadian positions, but certainly can appreciate the dividends they pay and here to support a fellow DGI investor!
Thanks Ari! May I ask where you live? I would certainly consider adding some Canadian positions, we have some of the best dividend growth options out there =)
Today I purchased my first set of shares - thank you for your help!!
That's what I LOVE to hear! You're going to get HOOKED! Especially when you receive your very first dividend. Keep it up! 😁
Great to see you again, Adrian! Instead of being scared in this market drop, I’m learning to continue to invest while the stock prices are lower. I did invest in Manulife & Smart Centre in recent months. It’s kind of shocking to see how low TD , and RBC prices have reduced.. but makes it easier to buy more shares.
You got it Missy! I have made several videos on what to do during a Market Crash (check the playlist below) 👇
But you're right! The vast majority of people are overly emotional, meaning that they give into fear and they panic when the price drops but the important thing to keep in mind is that NOTHING HAS CHANGED with the company itself! It's still the same company making a profit, so the drop in the share price is just an opportunity to buy MORE shares at a discount! Check out my other videos on what to do during a Market Crash =)
th-cam.com/play/PLj8bU3AuW2qH5PDXX5vLxsF5zPE0sOCji.html
Thanks for your link to other videos! I’ve watched all but 3 of them…lol. Better set to watching the rest. Thank you for all you do! It’s appreciated.
@@missygilly9917 it's my pleasure! 😁
Great info as always Adrian. Thanks to you in a previous video on Reits, I was able to purchase my first REIT and put it in my RRSP and shelter it’s dividend vs my margin account.
Perfect! That's what I LOVE to hear! Which REIT did you end up going with? 🙂
@@CanadianTShirt Actually The Canadian Tire reit CRT-UN. Big fan of Canadian tire itself so why not invest in their reit I say.
@@willkeen5010 wonderful selection! It's also one of my favourites! 😁
Your videos have taught me so much. Super grateful for all your content for us Canadian investors.
Thanks Adrian! Love your energy and thanks for breaking these two dividend stocks down.
It's my pleasure Travis! And thank you for supporting my channel! I'm sure if you've been going through my members-only videos, you won't be surprised to see my favourite stocks here =)
Thanks Adrian, I was looking forward to your next video. I will be grabbing some shares of TD soon to complete my trio of Banks with Royal and National bank. With the current volatility ill also be investing further in my utilities stocks FTS, ENB and AQN.
You need to get in on ATD. Great stock.
Cheers man.
ATD has actually been on my eye for the past year or so! I have some indirect exposure through ETFs but I don't own any direct stocks yet! But your other holdings sound great to me! Keep it up! 😁
Thank you Adrian.
You're welcome! I'm glad you found it helpful! =)
Hi Adrian
I agree that TD is a great stock, but REI-UN historically has a poor capital appreciation, personally I prefer GRT-UN. At the end of the day a total return is all that matters. Thanks for the video.
Thank you Adrian, just bought REI stock based on your advice
I'm happy to help! Enjoy those monthly dividends! 😁
Great video again
Do a video on canoe income fund
Your opinion on etfs hfin hlyd hdiv
what do you think of telus, pza and enbridge, friends have been recommending them to me recently.
I'm guessing your friends are fans of my channel! 😉
I invest in ALL of those stocks and I've talked about them many times in my past videos and I have DRIPs setup with all of them =)
@@CanadianTShirt Thanks I'll look for them. Great minds think alike!
Great vid as always! You’ve mentioned in other videos that you also invest in growth stocks, do you have any videos coming up where you give some growth stock recommendations? I feel those would be some good videos that would be interesting to see
It's always a pleasure when one of your new videos pop up 👍
Thank you so much! That's so kind to hear! It's always a pleasure to read sweet comments like that! 😊
I am loving this downturn
Absolutely! I look at these downturns like a store having a major clearance sale. So I go running in when most people are running out 😁
very well explained!! will follow you closely for now!!
Thanks Adrian. Love the tips. Looking forward to your next video. Can you do cdn and US stock picks soon?
Sure thing buddy! I haven't made a US stocks video in a while. You can check out my Members-Only videos, roughly half of them are about the US stocks that I'm investing in =)
It says click on the “Join” button below. Where? Can’t figure out how to join.
Love this! Could you do a video on the best banks for small businesses?
You mean for a business bank account? Personally I use BMO since they offer a great account for online-only transactions (I don't ever deal with physical cash since I'm an online business) But each of the big 5 banks will offer business accounts, it really depends on the nature of your business what suits you best =)
As usual, awesome video👍👍
Thank you so much for the kind word Peter, as usual! 🙏
Was in New York City a few weeks ago and was surprised how popular TD was there.
Exactly! It's almost hard to believe that TD will now be the sixth largest bank in the US. And the second largest bank in Canada! =)
Great video. Thank you!
Thank you! I'm glad you found it helpful and hopefully you can jump in on these great dividends at these discounted prices! =)
Great video. One of my favorites is True North REIT.
I don't own True North directly but I have some exposure through various REIT ETFs. I will look into it! =)
@@CanadianTShirt Bit leveraged but I love their tannate base.
@@valueStocks fair enough. Most REITs are quite leveraged but as you said, as long as they have quality tenants and low occupancy, they are still profitable and well positioned to recover once rates return to normal =)
@@CanadianTShirt Very true. Check em out.
Pizza Pizza is my fave but I also have some TD too.
That dividend yield is even juicier than their cheesy pizza! I don't personally own Pizza Pizza but I will have to look into it and ensure their dividend is sustainable =)
@@CanadianTShirt It's been good for me and is still up in my portfolio even with the market dip. :P
Hey man. This is great.
It's so hard to save just the first $1000 tbh. Having to get groceries and pay bills. Everything costs it seems all of my money. Haha lol
Oh believe me I know the pain... All you can do is invest what you can. Especially now with rising costs across the board, that's harder and harder these days but remember you are investing in YOUR future. This isn't money down the drain, this is YOUR money that you will enjoy many times over in the future. And make sure you always follow my 4 steps in HOW TO BUILD WEALTH especially in times like now:
th-cam.com/video/L10wfYl3_Qs/w-d-xo.html
Your biggest priorities should be paying off high-interest debt (credit card debt if you have it), reduce your spending and track every single expense with a budget Excel sheet, top up your emergency savings fund and only after all of that, invest what's left =)
everything's on a fire sale right now!
Very important! Just because a stock is down, does NOT mean that it's on sale! You have to do research and ensure that the company is still fundamentally on the right track and profitable. You don't want to catch a falling knife =)
Awesome video! Learn so much from your videos! What do you think about the CIBC stock at the moment? Thanks
Great investment video. Thanks!
My pleasure Dwarley! I'm glad you found it helpful! =)
Great informational video!
Thank you Karthik! I'm glad you found it helpful! =)
Hello Adrian! Thanks for sharing theses amazinig videos! I just moved to Canada from Spain, and everthing here is completely different! I'm Just curious, what do you think about diversify our TFSA or RRSP in others countries like India? It's doing really great. Thanks in advance!
International exposure is very important! But keep in mind that buying stocks directly from outside Canada and the US can get very expensive! A better way is to buy international ETFs in USD. I can cover this in an upcoming video =)
@@CanadianTShirt that sound great! I saw ZID to invest in India and it's Canadian ETF!
Hi Adrian, Great to see you again!!, Thanks for another great and informational video. TD and Rio Can is for sure my next additional stocks in my Portfolio, for sure I will buy them. I have question, you mean I have to use my TFSA account to purchase RIO CAN to avoid taxes is this correct? secondly I have U.S. stocks in my RRSP Account, am I gonna get taxes for my US Stocks, is this good though. I am trying to clean my portfolio, and sell some of my stocks that is under performing, is it good timing to sell some of my stocks and re invest it? thanks man!!! is your RESP Seminar in Questrade a go?
Yes when it comes to REITs, you really should hold them in your tax-sheltered accounts like the TFSA or RRSP since those dividends (distributions) are taxed heavier. And absolutely you should hold US stocks in your RRSP, especially if they pay dividends since the RRSP is the ONLY place where US dividends are 100% tax-sheltered! =)
Ya man! The webinar will be Thursday at 4 pm Eastern time, I hope to see you there! And regarding portfolio cleanup, with the market down right now it hurts to sell stocks at a loss. I would only sell if you truly believe that the companies will not recover. Otherwise, let them recover so you don't lock in a loss =)
Great,info thank you
It's my pleasure Deb! Happy investing! =)
Hi Adrian, do you also have or plan to have videos about options trading?
I personally don't invest in options and I don't recommend it for beginners. It is far more complicated and risky than buying and holding stocks and ETFs. If you don't know what you are doing, it is MUCH easier to lose money so don't blindly jump into it. Maybe in the future, I might play around with options but for now, I only want to make videos on things which I have extensive, personal experience with. I hope that helps! =)
I am a big fan of REITs.
Absolutely! They are one of the BEST sources of passive income, especially monthly! =)
@@CanadianTShirt I do make sure I squeeze in a REIT video from time to time for that very reason. ;-)
Thank you Adrian great video. I'll definitely be adding Rio-Can to my portfolio, I already own TD based on your previous videos.
That's what I love to hear! You definitely want to take advantage of these discounted prices =)
Great video Adrian! What do you think about EQB? It has growing the dividends well and has a lot of potential growth with good financials.
I also own EQB! But I own it in my Margin account since my TFSA is basically maxed out and EQB doesn't pay a very high dividend =)
@@CanadianTShirt Awesome, that makes sense!
Thank you Adrian for this useful information. BTW if there is another lockdown, I will go protesting every day 😂
I doubt that will happen again but remember to always see the opportunity in every situation! =)
Just looking at the history of unit price and yield rei-un doesn't look that compelling. The business sounds good though.
What do you say now in light of the about fraud that is not happening?
We will definitely see some more volatility in the short term but this is still one of my favourite stocks and I am continuing to invest and take advantage of these discounted prices =)
Awesome video as usual! What do you think of AQN and SRU ? And their payout ratio. Thanks
Thanks Gus! I don't personally own AQN directly (but I have exposure through various ETFs) but SRU is one of my favourite REITs and I am definitely buying more of it with the market down! I talked about SRU very recently in this video on the BEST DIVIDENDS TO BUY at a DISCOUNT in 2022 =)
th-cam.com/video/x1Uch7qZcvo/w-d-xo.html
@@CanadianTShirt thank you so much for your reply I will definitely watch that video.
These videos are so awesome for financially illiterate people like me 😋 thank you so much!
Thank you Kyrstie! Everyone has to start somewhere and I'm happy to hear that my videos are accessible to everyone, especially absolute beginners! =)
Canadian Bank of Commerce (CM) is a good choice .
Absolutely it is! You can't go wrong with any of the big 6 Canadian banks and I certainly do invest in CIBC! I just prefer TD a little more =)
1:30 you mention that you only hold REITs in your TFSA to avoid tax, but SmartCentres is in your RRSP. Is there a particular reason why you've done it this way?
I talked about SmartCenters in my Members-Only Portfolio Reveal videos but the simple reason is that my TFSA was maxed out! Since I have already been working for over 10 years, I had considerably more RRSP room available than TFSA room and when I started buying SmartCenters, I knew that I wouldn't have the TFSA room necessary to reach a DRIP so I decided to buy it in my RRSP instead. It really doesn't matter, for Canadian REITs and dividends they are both 100% tax sheltered in either an RRSP or a TFSA
As I talk about in my RRSP Explained videos, I generally prioritize US Dividends in my RRSP since the RRSP is the only place where US dividends are 100% tax free (since US dividends are charged a 15% withholding tax in a TFSA) but I do hold some Canadian stocks and REITs as well in my RRSP including SmartCentres. If I had more TFSA room, I would have bought it in my TFSA instead to keep all my Canadian REITs together but it was just a matter of available room =)
Great videos 👏👏 new subscriber
Thank you! Welcome to the channel and I hope you find value in my other videos! =)
I definitely recommend you watching my playlists! I colour code them (eg. silver thumbnails = Taxes, green = Investing guide, light blue = Stock Picks, etc) 🙂
For real estate exposure, I’d just go with RS. Why hold just one REIT, when you can hold all of them at an almost 10% div?
THANK YOU
My pleasure Patrick! I'm glad you found it helpful! =)
i dont like you saying, you would be buying rio can at 24% discount. how do you know its a discount not a fair market value, maybe you are buying it not 24 % overpriced.
Awesome video!! I wonder why TD over NA?
You can't go wrong with any of the big banks! The main reason why I love TD is for their successful and aggressive expansion into the US. That's what really sets them apart =)
Really enjoy your straightforward no nonsense investing advice. One minor addition that would help me is to have the date of the video displayed. Currency of the advice is important in investing. I know that TH-cam has the posted date of all videos, but I find myself having to jump back to check these dates and I wouldn't have to if it was there on the video.
Thanks George for those kind words. As you say, TH-cam posts the upload date directly underneath every video, for this video it was uploaded on Sep 18, 2022. Again, I am a long term investor and these 2 stocks have been my favourite investments for almost 10 years. The main value of this video is explaining the business practice and financial health of these companies, NOT the current share price which fluctuates every minute. So even if you are watching this video a few months later, 90% of the info is still valuable. Of course you should always research a stock to see the current conditions before you buy =)
Hey Adrian Thank you for all your insight can you say a bit more about the tax advantage of having RIO Can in your TFSA as opposed to Margin Account
Hi Adrian, very happy to have your video. I learned many knowledge about the investment and saving in Canada. May I share my question with you on comparison between investing RBC and TD? I found that the Beta (5Y Monthly) of RBC is 0.76, TD's 0.88. They have same 4% appx. dividend yield. Should we pick the lower beta one (RBC)? is that mean RBC is more stable and lower volatility compared to the whole market? Thank you.
You don't have to pick one or the other, I invest in both! The beta is just one factor among dozens to consider when analyzing a stock! At the end of the day, both banks have a bright future, long history of increasing dividends and growing profits so I like both of them. I just prefer TD because of their US expansion strategy and they are more client-focused than RBC which is more corporate focused =)
@@CanadianTShirt Appreciate your reply. You have been a great help.
what about ZEB ETF?
ZEB is an ETF that just contains the 6 big Canadian banks. Personally I'm not a fan of ZEB because they're charging you a pretty high management fee of 0.28% every single year just to hold 6 stocks.... I can easily buy those 6 stocks individually and avoid that annual fee! The main benefit of an ETF is built-in diversification so I prefer ETFs that contains dozens or hundreds of stocks! For just 6 stocks, buy them yourself =)
Thank$
It's my pleasure! Happy investing! =)
Thank you for the info.
My pleasure! I'm glad you found it helpful! =)
Thanks you!!!
My pleasure Rami! I'm glad you found it helpful! =)
Have both TD and REI and hope to one day drip them, I bought out MFC and Telus over the summer and have enough coming in to buy a share each now
That's amazing! That's one of my favourite things about MFC and Telus, with their high dividend and low share price, they are super easy to qualify for a DRIP! 😁
@@CanadianTShirt was happy finally locking in that dollar amount, I think my first MFC payment where I can buy back a share with my dividend will happen this week too!
Once again nice information video 👍. But one small thing. These are good for first watching your channel. But I am following from 2 years. This 2022 I didn’t see any new videos all are repeated ones. I know we need to join the special member program to get new ones. But could you please try to put some videos for your poor subscribers who is not able to pay and get the membership. Aleast one new video for 1 quarter that’s more than sufficient. This is kind request. The way you Conway is so nice and good. 🙏🙏🙏
About to move in Manitoba. All of these are helpful
That's what I love to hear! I've never been to Manitoba but I'm sure you'll enjoy it! Just be sure to stay warm, Winter is coming 😉
Hello Sir,
I want to start trading in only Canadian ETF. Please suggest which broker is suitable for me for less charge and commissions.
Please guide
Questrade is my overall favourite Canadian broker, especially when it comes to ETFs since they don't charge any commission fees when buying ETFs! This saves you a ton of money in the long run! Check out my video tutorial on how to OPEN A QUESTRADE ACCOUNT here =)
th-cam.com/video/uoOBRUY8IXQ/w-d-xo.html
Ever looked into PBH? Premium Brands. Decent dividends
It's not a stock that I hold directly but it has a large market cap so I probably have some exposure in my ETFs. I'll look into it! =)
You simply rock 🎉!
Right back at you Tina! 😁
Good content! Do you share your dividend spreadsheet? Did u set it up yourself? I need to get a handle on my dividends now that retired. Thank you for any insights.
Yes it's a Dividend Tracker Excel spreadsheet that I made and have been using for almost 10 years! I include a FREE Excel Template that you can download and use in the description box below my video. I'll include a link here as well =)
bit.ly/2O4f3sr
Hi Adrian. I am in the process of transferring in my portfolio from EJ to Questrade. I have a question regarding buying dividend stocks and Drips. While at EJ they did fractional shares so it was not an issue. Questrade only re-invests whole share. My question being, is it better to keep topping up say TD to get to the DRIP threshold sooner, or better to buy TD one month then stocks in a different sector like BCE to keep the portfolio fairly balanced the next and just take a longer time to get to the DRIP threshold for all sectors? Thanks Adrian and keep the vids coming, learning a lot from you and looking forward to saving all that extra money with Questrade to invest.
Hi, is it good time to invest $10,000 in S&P 500 ETF right now?
Thanks for the videos!
How are you calculating FFO Payout Ratio?
Dividends paid (is this a percentage or actual $ amount?) ÷ FFO?
Thanks
Most REITs will announce their quarterly and annual FFO and FFO Ratios in their quarterly financial reports. But I always double check with my own calculations and the calculation is simple: divide the dividends per share ($ amount not %) by the FFO per unit and you get the ratio =)
Is Riocan cheap right now? I know banks are expensive.
Make sure you watch the full video! RioCan is trading at a 24% discount right now! And the banks are also trading at around a 20% discount so it's a great opportunity =)
How come Riocan is so inexpensive per share? And how come the dividend is never shown? Yah finance displays it only. I beleive the share is low right now.
What do you mean Yahoo Finance doesn't display it? Sure it does... right now Yahoo Finance lists a dividend yield of 5.65%
I think your internet browser might be acting up... try clearing your cache and restarting. Yahoo Finance is usually pretty good at avoiding bugs and glitches like that
And real estate across the board is getting hurt right now due to the record high interest rates. REITs have a huge amount of debt because they take on mortgages to buy new properties so when interest goes up, REITs are hurt bad but as long as they have quality tenants, they will survive, remain profitable and eventually recover =)
My grandfather was the largest individual shareholder of td bank.
That's really impressive! Did he pass down those shares to your family? Imagine what those shares are worth today!
And then he died
@@CanadianTShirt he passed recently. My father and uncle now own them. At the highest, he had more than 300000 common shares. Bought into the company when the merger of Toronto bank and dominion bank occurred. They had a program in the late 50s to get employees to take loans to buy shares at no interest. He used to the dividend payments to purchase more shares over a period of 45 years.
Why do you consider 5.1% APR to be a big deal for a REIT when REITs like ACP and CLM are currently paying close to 20%APR?
Don't be seduced by a huge dividend yield. Yes those stocks pay out MASSIVE dividends of 15% but they are NOT sustainable! They are bleeding themselves dry by paying out such huge dividends. With income / split funds, sure they pay out massive dividends but there is literally ZERO chance of any capital growth in fact they almost always LOSE money over time! I would rather invest in these two stocks since I expect reliable dividends AND capital appreciation =)
Ok so he has SRU, ZRE, XRE in the RRSP. Anyone know what else he holds in there :P
haha well I can see that you are now a member so you can find EXACTLY what I hold in my Members-Only videos! 😎
Here is the FULL breakdown of my RRSP Reveal =)
th-cam.com/video/nxGSCyeOhEg/w-d-xo.html
I think RioCan has yet to reinstate DRIP? On their website, it's still showing that they suspended its DRIP until further notice effective November 1, 2017.
Yes RioCan suspended their DRIP years ago but that's why I set up my DRIPs through my broker, Questrade NOT directly with the company! Enbridge also suspended their DRIP about 3 years ago but for both RioCan and Enbridge, I set up a DRIP through Questrade so that I can DRIP ANY stock or ETF I want, even if the company itself no longer offers a DRIP! Check out my DRIP EXPLAINED video to learn exactly how to do that! =)
th-cam.com/video/ouyXwaTOfhU/w-d-xo.html
@@CanadianTShirt Oh, I see! That's good to know, thank you (:
What do you think of RS ETF by Middlefield? It has Riocan in it as well as many others.
I'll have to look into it! I've already covered my favourite REIT ETFs in this video =)
th-cam.com/video/LQBjOpLedpo/w-d-xo.html
why riocan when they haven't increase their divs or even decreased it and dillute shareholder owners over the last ten years ?
They increased their dividend 7 months ago.... And with their current performance, we can certainly expect another dividend raise next year =)
Hey! Enjoy your vids! Wanted to get your input on an ETF: HDIF, not sure I'd you've covered it in any other video :)
Riocan has a payout ratio of 135%. So I am a little confused whether it is safe or not?
Adrian, does it matter holding TD in NYSE/TSE? same with enb. Maybe include this in your next vid :)
Hi Adrian! An other one great video. I 'm building my excel sheet based on yours. How do you manage your share value? With the share fluctuations, did excel update the book value automatically based on your share #? For the dividend rate, if it increase or decrease, did you change it manually by following all of them or you have set something ? Thanks for your help and always nice to watch and listen your precious informations!
That's why I record the BOOK value and not the market value! The Market Value changes every minute of every day so I don't bother recording that, I just let Questrade handle that for me. But the Book Value is how much money I put in so I only update that a few times a year, when I buy new shares or when I receive a DRIP. Likewise with the dividend, most companies only increase their dividend once a year so I update that when it happens. I like doing it manually, it forces me to reflect and keep track of my portfolio as a whole =)
@@CanadianTShirt Thanks Adrian! I will follow your way. When you calculate your dividends, you apply the % to your Book value to reflect an average (or you cut and paste the amount you found in your dividends history)? Thanks Adrian
@@pierreben4511 To calculate the dividends I receive, I simply multiple the # of shares by the dividend per share. I use the $ dividend amount not the % dividend yield. The $ dividend amount only changes about once a year whereas the % yield changes with the price so it changes every minute. Hope that helps! =)
Isn't riocan drip suspended?
You are correct! RioCan suspended their DRIP years ago but that's why I set up my DRIPs through my broker, Questrade NOT directly with the company! Enbridge also suspended their DRIP about 3 years ago but for both RioCan and Enbridge, I set up a DRIP through Questrade so that I can DRIP ANY stock or ETF I want, even if the company itself no longer offers a DRIP! Check out my DRIP video to learn exactly how to do that! =)
th-cam.com/video/ouyXwaTOfhU/w-d-xo.html
If I maxed out my tfsa already with us equities (index funds) and fixed income (GIC). Is there any downfall to purchasing Canadian dividend stocks in my RRSP? I know it’s better to hold u.s equities in your rrsp but I want to start a individual Canadian dividend stock portfolio
Not at all! Canadian dividends are REITs are 100% tax-sheltered in both the TFSA and RRSP account! The only difference between them, like you said is when it comes to US dividends. Since US dividends are tax-sheltered in an RRSP but in a TFSA, they are charged a 15% withholding tax. That's why I prioritize US dividends in my RRSP but I also hold some Canadian stocks and REITs as well, for the same reason as you because my TFSA was maxed out first =)
And thank you Jordan for being a new member and supporting my channel! Since you're a member, make sure you watch my PORTFOLIO REVEAL videos including this one on my RRSP REVEAL where I talk about this very issue in detail =)
th-cam.com/video/nxGSCyeOhEg/w-d-xo.html
Is it good time to buy TD? It’s down 13 % the last month
What do you think about Smart centre vs riocan?
I love them both! I also invest heavily in SmartCentres! At the beginning of this video where I show you my Excel Dividend Tracker, you can see that SmartCentres is one of my largest holdings in my RRSP portfolio (since my TFSA was maxed out at the time) I also talk about SmartCentres in great detail in this video on the BEST DIVIDENDS TO BUY at a DISCOUNT in 2022 =)
th-cam.com/video/x1Uch7qZcvo/w-d-xo.html
The cool thing about SmartCentres is that they actively avoid enclosed shopping malls. They ONLY focus on open-air shopping plazas and they are heavily focused on Walmart. RioCan on the other hand is a little more diversified and they avoid relying too much on one retailer. I say get them both =)
I'm wondering: how can we mark a US etf as a non-dividend? what if the company changes it's strategy and now you've to pay withholding taxes? Anyway to be sure that the etf will always be a non-dividend one?
You don't have control of that! For example, Amazon does not pay a dividend. They have never paid a dividend, most tech stocks don't pay dividends. But one day, Amazon might decide that it's time to start flowing their profits out to investors through dividends. If that's the case, then people holding their Amazon stock in their TFSA will start to pay that 15% withholding tax, which is unexpected. The same thing happens with ETFs. You can't control what stocks the ETF holds, the fund manager does that but they will keep you informed if they make a significant change like that. I hope that helps! =)
@@CanadianTShirt Thanks a lot Adrian! I'm almost on the fence to become a member, getting so much value! Do you have trial member plans/ some resource that gives a teaser of member only content, just to see what it's like to become one?
@@shreeniketjoshi Unfortunately no, I don't run the membership program, Google runs it through TH-cam (and they take about 30% which sucks lol) But what you can do is join for $5, binge watch all my exclusive videos and then cancel before the end of the month. Of course, I hope you stay on to support me and watch more of my members-only content but you do have that option! =)
@@shreeniketjoshi watch my Membership ANNOUNCEMENT video here where I go over the purpose and the benefits of this program =)
th-cam.com/video/fd_Lp4CaDQs/w-d-xo.html
where can we check MER on yahoofinance? I tried but couldn't find
You won't find it on YahooFinance. You have to look up the ETF provider itself (Vanguard, Blackrock etc) and look up the ETF there
Great. Video. What happens to the amount of dividend if the stock prices drops? Example a $1M portfolio pays $10K a month but the value drops to $800K. How does this affect the monthly dividend received?
Nope! Not unless the dividend amount is cut! Companies will usually only change their dividend amount once per year (usually an increase but sometimes dividends can be reduced as well) Whereas the share price and thus the % dividend yield changes every minute! So if the share price drops by 20% but each dividend continues to pay the same $ dividend per share, then you will receive the exact same dividend amount in cash! I talk about this in greater detail in my DIVIDENDS EXPLAINED video here =)
th-cam.com/video/6xzfgObXxvU/w-d-xo.html
@@CanadianTShirt thank you
with real estate slowdown, will.this drip big time?
Absolutely! With the lower share price, it's easier than ever to qualify for a DRIP! The dividend per share is the same, so you can lock in a higher dividend yield AND it makes it easier to DRIP since it's cheaper to buy an extra share =)
Can you comment on REITS in a RDSP? Thanks
I don't personally have an RDSP but it will receive the same tax-sheltered status as a TFSA or RESP so absolutely you can hold REITs in an RDSP! =)
Great video.. btw why u dont buy VFV
This video was about my favourite stocks, I have made several other videos on my favourite ETFs including this one on the BEST CANADIAN DIVIDEND ETFs:
th-cam.com/video/5crp5qeQing/w-d-xo.html
When it comes to VFV, I prefer to buy VOO which is the exact same index fund from Vanguard but it is in US dollars not in CAD. That's because VOO is almost 3 times cheaper than VFV in terms of the management fee but more importantly, holding VOO in my RRSP account I will avoid the 15% withholding tax on those US dividends! If you hold VFV, you can't avoid this 15% withholding tax, even in a TFSA. Of course VFV / VOO doesn't pay the biggest dividend but still, why pay taxes when I don't have to =)
@@CanadianTShirt i just saw the excel sheet haha
Can u make a video on long term disability income of $29,000 on right about tax deduction
In BC....deduct was 10 % both comine..yet u said 15% of one tax ...I should ask for additional tax of 15 % yet I already go to food banks to make it through a month
Thank you Adrian for the video, I wish I can invest like you, I only have a open work visa here in Canada as a worker and I am not sure if I am allowed to buy stocks from the companies that you have mentioned. :(
You definitely can! When did you arrive in Canada! You don't have to be a citizen or a PR to invest in the stock market! You can even open up a TFSA since you gain contribution room as soon as you move here. I cover this in my 2023 Tax Changes video here, check out that video to see your TFSA available room based on the year you moved to Canada
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However if you just arrived here in 2023, you won't be able to open an RRSP account this year. You will have to wait until next year when you file your tax returns. I cover that in my RRSP Explained videos if you want to check it out =)
@@CanadianTShirt Hi Adrian! I arrived here together with my wife last December, 2020. I started working last January, 2021 till present. Thank you for letting me know that I can open a TFSA. Would you happen to have a video where I can use my TFSA to buy S&P500 ETF? Can I buy the mentioned ETF with just 200 CAD? This is the only money that I can set aside for now. Thank you so much for the reply, I do appreciate it. I do pray for the success of your channel, you have been helpful to so many people. God Bless You!:)
@@jimbomendoza3415 Check out VFV
Can someone please clarify about TD DRIP requirement amount ($8,510). Do I need to own TD stock worth of that amount or have that sum in my account? Thanks
Check out my DRIPS EXPLAINED video below to learn how it all works! Basically a DRIP occurs when the dividend you receive is enough to buy yourself an extra share of the stock. So for TD, if you bought $8,510 worth of TD stock right now, you would own enough shares so that the dividends every 3 months will be enough to buy a new share automatically =)
Of course, you do NOT need to reach this $8510 amount all at once! It took me 6 years to reach a DRIP with TD. Invest what you can and work your way up to it. And check out my DRIPs Explained video below =)
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Hi Adrian! Great videos. Could you help me understand why someone would buy REITs and dividends stocks in a TFSA instead of an S&P 500 ETF? Wouldn’t VFV/VOO capital appreciation grow faster than distributions/dividends income? I understand the 15% withholding tax concern.
It's all about diversification! You should not pick one or the other! Invest in BOTH! Yes the S&P 500 is one of the best investments in the world but it is heavily dominated in tech and it only includes US companies. You also want exposure of the Canadian market and other sectors like Real Estate to get a balanced portfolio =)
Watch my video on WHY DIVIDENDS, there are many benefits of dividends over growth-oriented investing. Especially in a bear market since your money is ALWAYS working for you and you are never wasting time. But again, it's not one or the other, do both! =)
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@@CanadianTShirt Got it. Thanks!
Hi Adrian, question: I noticed your proportion invested into VDY was quite small compared to REI or TD. Why not just put all your funds into a high dividend ETF like VDY? That’s diversified, low cost, and a large amount would start the DRIP snowball. It looks like you’re buying similar holdings individually.
Didn't RioCan suspend its DRIP in 2017? Wouldn't that make it impossible to setup a DRIP even if you had enough shares?
You are correct! RioCan suspended their DRIP years ago but that's why I set up my DRIPs through my broker, Questrade NOT directly with the company! Enbridge also suspended their DRIP about 3 years ago but for both RioCan and Enbridge, I set up a DRIP through Questrade so that I can DRIP ANY stock or ETF I want, even if the company itself no longer offers a DRIP! Check out my DRIP video to learn exactly how to do that! =)
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@@CanadianTShirt I use Qtrade - Are you aware whether or not it's possible to set one up through them as a broker? With either Rio Can, Enbridge, or any other stock that doesn't normally support a DRIP?
Should we buy Normal stocks like TD and RBC also in TFSA ?
Absolutely you should! There's no reason to pay taxes on your investments when you have tax-sheltered room waiting for you! The majority of my TD shares are in my TFSA but once my TFSA was maxed out, I had to start buying new shares in my Margin account =)
Dude how can one contact you, for a consultation or something, are you on Upwork or something?
If you have general questions, ask them here in TH-cam comments so that EVERYONE can benefit from the discussion! But if you have a private question or want one-on-one coaching, then send me a message on Instagram and we can arrange a call =)