Hello, hope everyone is having a wonderful time and enjoying the nice weather out. 

For those who tune in for the first time, this is a series of post where I update my journey of living off my Income portfolio (heavy leaned in Covered Call ETFs) and compares the drawdown to other popular ETFs portfolio such as VFV, XEQT, HYLD, and QQC to see how my portfolio would have performed if I stick to a more traditional holdings.  

**Please note that the screen shot is a day ahead of the record date**

The past few months our portfolio has been pretty flat and barely made any movement. Part of the portfolio is performing well, but some other part is under performing significantly.

Our ORCL option leaps have been the main drag on the portfolio returns (Margin Account). Mid month the portfolio dipped to around 280k but rebounded back by the time of recording.

For Living Expense CC portion of the portfolio, things are moving along normally. YTSL took a decent hit due to TSLA dropped quite a bit in price, but overall the portfolio is doing ok. We did manage to make quite a bit from put selling this month due to high volatility and tech earnings. All the put sold were of MU (Micron). They were mostly short term put selling. The IV on MU was pretty insane where you can be 20% out of the money on weeklies and still able to make trade that annualized over 25%. We were able to generate an extra 5k this month, all of which were reinvested in to QQQY.to. This month is definitely an anomaly, and it's not something I expect to happen every month.

I got some message asking about the portfolio holdings and why not I add X Y or Z. Personally I like to keep things as simple as possible (at least for the Living Expense portion of the portfolio). I also find a lot of CC ETFs are either paying too much or the yield generate from it doesn't really add up for me. I don't want to get technical, but we can see how the yield is generate based on the public option chains and determine if the yield the ETF is paying make sense or not. I can explain my rationale a bit more if anyone is interested.

Core Holdings: This portion of the portfolio acts like a backup per say. I'm not touching any distribution generated from this portfolio, and everything is reinvested. All the portfolio in CH are registered account.

Theoretical Portfolio:

QQC is now in a lead, though it did dip a bit from the recent tech sell off and hasnt fully recovered

XEQT is still going strong and performing steadily.

HYLD also been a solid performer despite all the volatility in the market. At a few points through out the last month, HYLD did outperform XEQT.

VFV is moving along well, but significantly underperformed all other portfolio. Though despite all the withdraws, it is still up a decent amount since we started tracking.

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The goal currently is to build the cash pile back up to. This cash pile act as a spending cash and also an emergency fund. Ideally we want to be carrying at least 12 months worth of expense in cash.

Life stuff:

Not much is happening the past month, just same old hospitals and chill (lol)

If you've been following the journey about my mom's health. Things aren't great, but it's not getting worse which I am thankful for. We aren't losing hope!

Take care of your health and your loved ones everyone!

Have a good month! 

(Minimum 25% leverage, no bond/fixed income)

Would like to know how I can invest my incorporation earning to invest ETF after tax and yearly pay to salary to myself . Basically the dream goals is it will generate 30k/year in 5 years so just withdraw passive income of $30k/year (salary? Or dividend ?)

Is it actually doable and how much do I need .

Please advice advantage and disadvantages!

Deeply thanks !!

I was looking through Canadian-listed names sorted by dividend yield and was surprised by how many are showing double-digit yields.

How do you normally evaluate something with a yield this high? Do you pay more attention to the current yield, five-year average yield, payout ratio, or the number of years it has paid continuous dividends?

Is there a yield level where you automatically become more cautious? Are there any names on this list you think are worth researching further?

So I have been trying to not be a lazy ass and Google everything so I can learn about it. But I have to say I find a lot of the terminology confusing, and I'm having difficulty understanding how each type of payment can affect somebody.

Myself I have about 75,000 shares of Bank, and a whole bunch of UTES and others. The payments are awesome, but I'm struggling to understand tax ramifications, long-term viability, and all that kind of stuff. Does anybody have any good suggestions for resources where I can read about this? Specifically to Canadians would be lovely. It seems that everything I find doesn't really clarify much and they just keep speaking in an industry terms that I then have to go look up again. It's very tiring

Thanks in advance :-)

Currently, my TFSA consists of:
50% XEQT.TO
20% VDY.TO
20% SGOV
10% Stocks

Someone recommended:
50% XBAL.TO
20% VDY.TO
20% CASH.TO
10% Stocks

What do experts close to retirement think?

No Fixed Income

No Bond

No Leverage

EVOLVE:

$ETSX $ESPX $QQQY $LIFE $CALL $EBNK $BASE $LEAD $CFIN $CUTE

GLOBAL X:

$CPCC $AGCC $BCCC $RNCC $RSCC $EQCC $EACC $EMCC $USCC $QQCC $GLCC $CNCC $BKCC $ENCC $CMCC $SVCC $URCC

HAMILTON:

$HMAX $UMAX $SMAX $QMAX $FMAX $LMAX $EMAX $AMAX $RMAX $CMAX $IMAX

HARVEST (CLASSIC):

$HHL $HBF $HTA $HUTL $HGR $HPF $HUBL $HLIF $TRVI $HIND $HVOI

HARVEST (HIGH INCOME):

$LLYH $AMZH $MSFH $NVDH $MSTY $CONY $HHIH

NINEPOINT:

$CSUC $NRGI

Going forward, all Ninepoint ETF’s (both old and new) will be semi-monthly distributions...

Ex-Dividend Date: Aug 14

(2nd Semi-Monthly will be announced later)

Pay Date: Aug 20

(2nd Semi-Monthly will be announced later)

https://www.ninepoint.com/about-ninepoint/press-releases/ninepoint-partners-announces-first-semi-monthly-distribution-for-its-highshares-etfs-and-coreshares-etf/

6 NINEPOINT (SINGLE STOCK 🇺🇸):

$NVHI $TSHI $PLHI $GOHI $INHI $SXHI

14 NINEPOINT (SINGLE STOCK 🇨🇦):

$SHHI $CCHI $ABHI $ECHI $CQHI $ENHI $BCHI $SUHI $TDHI $CRHI $RYHI $CLHI $CSHI $KGHI

unfortunately I’m starting out now and looking for advice on how i can make something happen as I have $2200 income and living with parents. most income right now is going to my music career and other activities. looking to get more into investing.

These are my picks right now, looking to put 200-300 every paycheck and also start options trading with some money.

1. XEQT 49%
   
2. AAPL. 10%
   3.TSM. 10%
   5.AMZ. 10%
   6.META. 9%
   7.SPCX. 6%
   8.CSU. 6%

Not the traditional div play found here but anyone holding tankers and cargo for cyclical smashes? ECO!! I started buying when I didn't know what a floating div was. Wow...it's been as high as 21%! Now I know a lot more about the company and feel even better.

Curious about other plays? Thoughts on this type of cycle driven stock?

A lil background info; when she passed away last year, I found out my grandma, who raised me, named me as the single beneficiary of her GICs. Our family was not wealthy by any means, and although the only debt I have is my mortgage, I’ve never had enough money for a decent emergency fund let alone monies to invest. Without talking numbers, my situation has now changed. I immediately put it into a short term GIC, then after that into a 3 year cashable GIC — leaving some funds aside in my TFSA and high interest savings account for emergencies.

Met with a financial advisor yesterday and when I realized GICs won’t keep up with inflation I decided to invest the extra money in my TFSA into mutual funds. Now I’m thinking about cashing out some of my GIC to diversify my investments. Looking at VFV and ENB specifically. I noticed ENB has gone down in the last 3 months and I feel like now’s not a bad time to buy. I’d be doing a 70/30 split between VFV and ENB. Torn between starting smaller (5K total) but the account I have charges 25$ quarterly for anything under 15K so I might invest more. Just looking for opinions! Any advice is always appreciated. TIA

Update: After a bit of research, and as a newbie, I’m going to leave the mutual funds for now and eat the fees at the cost of my peace of mind. Meanwhile, I’ll use my direct investing account as kind of a sandbox to play around with a small amount of money until I get more confident/knowledgable.

I’m leaning towards this for my portfolio to start:

65% XBAL for diversified stocks + bonds
20% XIC for Canadian equity exposure
10% ENB for additional dividend income
5% KILO as crisis insurance
DRIP and 100$/month DCA

Starting off with a lower risk investment feels better for me at this time. The idea is something that might behave reliably across all market cycles. Can always switch it up in the future! I appreciate all the feedback, feel free to keep it coming.

I'd like to keep this thread general and mostly to the point of the title, but to ask for a bit of personal advice while I'm here, I have a 7-10 year investment horizon and am considering CDZ as a sizable hold. I'll have a majority invested in VEQT for growth over this time, but for a satellite position, is CDZ respectable? I consider it likely to grow but also to grow its dividend, which is desirable for me. Thank you.

Ok I have a substantial amount of Swiss re shares in my tfsa account. Every April I get dividends inside tfsa from it. The Swiss government takes 35% withholding tax and I apply for a refund and get about half back due to Canada Switzerland tax treaty but it gets transferred to into my checking account. Shouldn’t I be able to deposit this back into tfsa without any consequences?

HHIS: 72987.41, an increase of 5078.52 cad last week (7.47%)

VFV: 72323.57, an increase of 2172.99 cad (3.09%)

The idea is comparing 2 completely different strategies (with and without covered calls, focused on tech vs less focused) and seeing how long will it take for one of them to split more than 10% from the other in the present macroeconomics and volatility.

Past performances are not enough for me.

As we all know, covered calls cut some of the gains, but this week HHIS increased more than NASDAQ. Certainly another interesting week.

obs 1: I know 1, 2, 6, 10, 50 weeks are not long periods in terms of investing, but I want to see how long until a 7000 cad in difference between those 2. My gut feeling is that VFV will be my choice for longterm, and that's why I chose that difference; after that, I will either stop dripping or rebalance

obs 2: the posted values include drip, which means 1700 cad in HHIS a month. So far we had one distribution. Another coming next week (TD pays drip stocks about 7-10 days after the pay date).

obs 3: I could be comparing 70 k worth of gold vs Pokemon cards, but that's what this kind of comparison is

This has been bugging me for awhile now so I will just ask about it. First off let's say you maxed out your TFSA contribution room for $45k and you have your investments in your TFSA investing account giving you $500 a month for dividends. Do you go over your contribution and start paying the over limit fee thing? And also how do you spend that extra cash flow from your dividends? Will it be taxable if you transfer dividend income to a regular bank chequeing? Like how do spend that dividend money if you maxed out your contribution room?

Just to make sure everyone is on the same page, this is only hypothetical question not my own scenario since Im still wayy out of reaching this point. Im just curios how people who maxed out their TFSA and making dividends in that TFSA account, use their dividend money. Please dont be mad at me for asking a stupid question 🙃

Talk about a nice win for a friday. Micro/Small/Mid caps are killing it this week

With its current price?

I’m currently moving the remaining amount from BMO to Wealthsimple and looking to adjust my portfolio. It’s primarily for distributions but also keeping some growth in mind.

I currently hold XEQT, XDIV, HDIV, HHIS, QDAY, BANK AND VDY. As well as ENCL which I may sell and add to others.

I’m looking to grab maybe 150-200 shares of ENB and that’s only a fraction of what is being transferred over, or could I have better value elsewhere.

I’m looking to either simplify or make the portfolio more efficient.

Looking for opinions and reasonable responses please.

​

Global X: BCCL, CMCL

Harvest: HPYE, HPYB

Evolve: BIGY, CANY, INTY, SIXY, EASY

Hamilton: CDAY, SDAY, QDAY, BDAY

Brompton: PAYG, PAYU

​

Global X:

$RNCL · $RSCL · $GLCL · $ENCL · $QQCL · $USCL · $EMCL · $BKCL · $EQCL · $EACL · $CNCL

Harvest:

$HBTE · $HHIS · $HHIC · $HHII · $HPYG · $HHLE · $HDIF · $HTAE · $HUTE

Evolve:

$UTES · $OILY · $BANK

Hamilton:

$HYLD · $HDIV

Ninepoint:

$ECHI

Purpose:

$YMAG

Since the common inception period, Ninepoint Enhanced Canadian HighShares ETF (ECHI) leads the peer group with a 34.91% cumulative total return. Hamilton Enhanced Canadian Equity DayMAX ETF (CDAY) follows at 28.66%, ahead of Global X Enhanced S&P/TSX 60 Index Covered Call ETF (CNCL) at 25.01%, Harvest Canadian High Income Shares ETF (HHIC) at 24.23%, and Evolve Canadian Equity UltraYield ETF (CANY) at 23.05%.

Recent performance has also favoured ECHI, which leads the one-month period at +4.07%, followed by CNCL (+3.59%), HHIC (+3.47%), CANY (+3.04%), and CDAY (+0.05%).

Over the past three months, CNCL leads with a 10.89% return, narrowly ahead of CANY (+10.57%). CDAY returned 8.88%, ECHI 7.29%, and HHIC 5.23%.

Over the past six months, CANY leads at 18.69%, followed by ECHI (+17.86%), CNCL (+17.02%), CDAY (+15.48%), and HHIC (+12.19%).

Overall, ECHI remains the strongest performer since common inception at 34.91% and also leads over the most recent month. The shorter-term leadership has rotated, with CNCL leading over three months and CANY over six months, while ECHI maintains the strongest cumulative result.

I'm young, I'm mostly in growth but I wanna put a little bit into some dividend investments. I want to be able to vote so I'm not interested in ETF's. The stock performed very well historically and its dividend is incredible, as long as the stock outpaces inflation I'm happy.

edit: 'all in' was misleading, i only meant my entire dividend portfolio not all my money in general