Q: A guest mentioned this ETF on Market Call yesterday. It has a big dividend. Can you give me your opinion on this ETF? Is there a downside?
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BMO US Put Write ETF (ZPW)
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Purpose Premium Yield Fund (PYF)
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Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV)
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Hamilton Enhanced U.S. Covered Call ETF (HYLD)
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Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX)
Q: Given the current volatile market, option selling etfs seems to offer some tax efficient income while waiting for things to cool down somewhat. What is your opinion on investing in these vehicles? What is the risk / reward equation in an uncertain market. Is there one that you would prefer if you were considering for your income portfolio. Thanks
Q: Curious what your thoughts are on PYF for some income? Also, how is it taxed in a registered account? How are ROC and option income taxed?