Q: In my RIFF, cash from income and some sales are put into the BMO HISA or ZJK to accumulate enough for my annual required withdrawals. My ZJK holdings are only touched if I am short when December comes and I enjoy the 6% distribution. I am flat or slightly to the positive at the current ZJK market price. I am wondering if the rising CDN dollar this year and the possibility of settling CUSMA will eat into the yield on ZJK to the point that the BMO HISA (1.95%) might be the better option this year. What would you do and where would you store the cash needed for annual withdrawals? Thank you for your great service.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: What is the difference between NXF and NXF.B? Why is NXF.B more expensive? Which would you prefer and why?
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iShares Canadian Financial Monthly Income ETF (FIE $10.52)
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iShares S&P/TSX Composite High Dividend Index ETF (XEI $37.63)
Q: Hi gang, 66 year old dividend investor here. I own both FIE @ 6.57% of my portfolio and XEI @ 5.1%. The big difference I see is that FIE holds 18.99% Canadian preferred and 9.1% Cdn Corp bonds. FIE also has a much higher MER at .74% vice .22% for XEI. Both hold all the big banks. Both have dividends roughly the same and pay monthly. I'm up considerably with both.
I'm wondering if I should sell XEI and dump into FIE. Would it be worth it to save the .22% MER on XEI and not pay the MER on both. Or should I just carry on with both. Thanks for your thoughts, Bill.
I'm wondering if I should sell XEI and dump into FIE. Would it be worth it to save the .22% MER on XEI and not pay the MER on both. Or should I just carry on with both. Thanks for your thoughts, Bill.
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Hamilton Enhanced Canadian Covered Call ETF (HDIV $22.69)
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Hamilton Utilities YIELD MAXIMIZER TM ETF (UMAX $13.26)
Q: UMAX has been going straight down since 2022. Time to let it go? I have individual utility stocks ( ACO.X, BIPC, BIP, BEP, CU, FTS,
H.TO ).
If so what dividend paying replacement would be suggested, or just keep it, or sell it and add to my winning covered call ETF's ( NXF, HDIV, HMAX, HYLD, IWO, NXF, QMAX, SMAX, VDC, VDY, XLY, ZQQ, ZRE, ZWE, ZWH.U)?
Healthy 80 year old value /dividend investor with stocks and ETF's in all sectors with an outlook of 5-10 YEARS (I hope).
H.TO ).
If so what dividend paying replacement would be suggested, or just keep it, or sell it and add to my winning covered call ETF's ( NXF, HDIV, HMAX, HYLD, IWO, NXF, QMAX, SMAX, VDC, VDY, XLY, ZQQ, ZRE, ZWE, ZWH.U)?
Healthy 80 year old value /dividend investor with stocks and ETF's in all sectors with an outlook of 5-10 YEARS (I hope).
Q: What ETF can you recommend that focuses on the tech giants but does NOT sell covered calls?
Q: Hi 5i,
Would a Canadian holding this ETF inside an RRSP be subject to extra taxes because of MLPs?
TIA!
Would a Canadian holding this ETF inside an RRSP be subject to extra taxes because of MLPs?
TIA!
Q: Tech stocks have been taking a beating recently and QMAX is feeling the pinch, down ~18% in the last three months. What price would you suggest as a good entry point?
Q: Global X Lithium and Battery Tech ETF LI.
Do you think this is worth investing in?
Thank you.
Do you think this is worth investing in?
Thank you.
Q: Other than the price, what is the difference between these two ETF’s? What would a complimentary ETF which does not sell covered calls be?
Q: NXF is a covered call EFT. Do you have a recommendation for an energy sector ETF that does not sell covered calls? Within my RRSP, I would like to own two ETF’s, the energy sector, to hold my energy related investments. Is there a rule of thumb to guide the percentage one should put into each (ie: 25% in a covered call ETF; 75% in an ETF which does not sell covered calls)?
Thanks for your help.
Thanks for your help.
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iShares S&P/TSX Capped Consumer Staples Index ETF (XST $62.97)
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State Street Consumer Staples Select Sector SPDR ETF (XLP $84.18)
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GLOBAL X FDS (BOTZ $41.45)
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iShares Expanded Tech-Software Sector ETF (IGV $91.15)
Q: What would be your top pick for the best ETF's in the following categories:
AI
Robitics
Consumer Staples (US)
Consumer Staples (Canada)
Software (after the sector bottoms)
AI
Robitics
Consumer Staples (US)
Consumer Staples (Canada)
Software (after the sector bottoms)
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BMO Covered Call Utilities ETF (ZWU $11.79)
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Harvest Utilities Leaders Income ETF (HUTL $19.61)
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Hamilton Utilities YIELD MAXIMIZER TM ETF (UMAX $13.26)
Q: Over the past 3 years, I have converted my portfolio to ETFs. I currently hold ZWU and UMAX at 10% of the portfolio. I plan on adding 5% HUTL to have some exposure to International Utilities. Your comments please?
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Recon Capital NASDAQ-100 Covered Call ETF (QYLD $18.13)
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CI Energy Giants Covered Call ETF (NXF.B $9.00)
Q: Would you consider this ETF as a best in class for an investor seeking income? Are there others you would prefer and why?
Q: I want to enter into small position in an India etf . I have 2 suggestions of FIH .U.CA and ZID from BMO . Which would you feel most comfortable with ?
Cheers, Doug
Cheers, Doug
Q: TD Waterhouse has 1.8% interest for TDB8050 cash mutual fund. Are there other hisa funds that are better?
Then what other nearly as secure options are there that can offer above inflation rates? I have xbb, zag, xrb, vbu for bonds.
Then what other nearly as secure options are there that can offer above inflation rates? I have xbb, zag, xrb, vbu for bonds.
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Global X Copper Miners ETF (COPX $85.97)
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Sprott Physical Uranium Trust (U.UN $27.04)
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Global X Uranium ETF (URA $55.18)
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Sprott Physical Copper Trust (COP.UN $16.73)
Q: Dear 5i
I`m interested in investing in the copper and uranium theme via ETFs .
What ETF would you recommend for CDN and US . Would your recommendations differ for different accounts such as unregistered . RRSP or TFSA .
Thanks
Bill C
I`m interested in investing in the copper and uranium theme via ETFs .
What ETF would you recommend for CDN and US . Would your recommendations differ for different accounts such as unregistered . RRSP or TFSA .
Thanks
Bill C
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iShares Russell 2000 Growth ETF (IWO $368.99)
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State Street SPDR S&P 500 ETF Trust (SPY $737.62)
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INVESCO QQQ Trust (QQQ $711.23)
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Vanguard Total International Stock (VXUS $85.43)
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Schwab U.S. Large-Cap Growth ETF (SCHG $34.12)
Q: Hi 5i, I have a family member who has retired and is interested in buying a growth portfolio of ETFs that is US currency based. They have bought an annuity that will support their lifestyle for 10yrs. If you were building this portfolio what ETFs would you chose and what percentages would you allocate to them?
Q: Compare these two ETF and which type of account Registered vs Non Registered would be a better fit related to withholding tax and overall return
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Vanguard Canadian Aggregate Bond Index ETF (VAB $22.92)
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iShares 7-10 Year Treasury Bond ETF (IEF $94.96)
Q: Good day,
1) Recommend a few US bond ETF/fund 5-7 yrs duration to invest my US cash for the next year, best return and safety.
2) Do the same for my Canadian cash, again 5-7 yr duration.
Thanks,
George
1) Recommend a few US bond ETF/fund 5-7 yrs duration to invest my US cash for the next year, best return and safety.
2) Do the same for my Canadian cash, again 5-7 yr duration.
Thanks,
George
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iShares Core Canadian Universe Bond Index ETF (XBB $28.09)
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TD Canadian Aggregate Bond Index ETF (TDB $12.91)
Q: Would you view TDB as very comparable to XBB?