Investment Q&A

Q: Hi. would like to know in what account (RRSP,TFSA,NON-REGISTERED) would be best suited for these ETFs and your best to less favored in order for each account type please. ZWB, HCAL, ZWK, ZWE, ZPW, UMAX, HYLD, HDIV, HDIF, ENCC. Thank you

Q: For my retirement, I have income coming from several streams. Rental income from property, employment income from an eight-week/year position (that I enjoy immensely), and a small RRSP account that I plan to use to earn 8% per year average and take principal and interest for monthly payments, using it up completely over 9 years, pushing off OAS and CPP until I’m 70 years old, when these benefits have maxed in value and can replace the depleted RRSP funds. Recently, I have been researching high income, 25% leveraged ETFs (I asked a question about them a few days ago, but this question takes the concept a step further), and I had the thought that it might be possible to buy a few ETFs for the RRSP, replacing all equities, and earn an average yield of 13%, which would cover the monthly payments while not depleting capital. I realized the capital may be reduced at the end of the 9 years, but likely not gone as in the original scenario, so any leftover funds would be a bonus. This would also free up time from managing my portfolio the way I do now, giving me more time to enjoy my retirement. Do you see any big holes in my theory? I wondered, for example how variable the dividends can be year over year. If this seems like a solid plan, could you suggest a portfolio of ETF’s (would 5-6 suffice?) that would serve this concept? (Note-I do have other investments, but they are not part of my monthly income streams, more a rainy-day fund.) Thanks!

Q: What do you think of these two etfs looking at the charts hdif has done better then xei and pays double the dividend. With a dividend over 10% is it safe which one would you prefer for a dividend investor.

Q: Love what you do.
Can you compare these two ETF's for income i'm setting up a portfolio for my wife

Q: Peter, I have been investing small amounts in HHL HDIF which they use leverage and HUTE which they also use leverage. Your opinion on leverage please. I have seen where people say leverage should be a short turm play and not long term as it deteriorates over time?? I do not understand that statement. Total of all expenses is 2.64% made up of 2.37 management fee and .27 etf traiding costs. Please help a begging in this field and your thoughts on horizon Thanks Ken

Q: Good Morning,

Please advise your top 5 covered call ETFs with associated yields, brief descriptions and a degree of growth potential.

Thanks very much.

Q: I currently hold hyld.
Do you prefer hdiv or hdif to diversify my portfolio.
How about some smax to round things out.

Thank you

Q: What are your favorite monthly income ETF's? Safety, decent distributions, and possible upside are priorities.

Q: RE: Asked by Larry on August 16, 2024 -- Follow-up:

Are those not amazingly good 1-year returns for HDIV, HDIF: H DIF: 19.3%, HDIV 23.3%? Is there risk here or some other reason to be cautious? Thx.

Q: Can you compare the three and why you would prefer one over the other? And also for a retired income dependant investor how much would you consider to allocate in a portfolio? Tks Larry

Q: Can you verify the return of capital for HDIF.Not sure how I found a chart on it but if I am right it showed 87% ROC for 2022.Surely I am wrong . Also A new issue Is HRIF without leverage. Can you explain this? And also I currently hold some CIG686 for monthly income . Would you comment on a switch to either or or suggest something with less ROC .Please and thanks and use all questions to cover.Larry

Q: Looking for recommendations for growth to add into RESP with cash to deploy for a full position. Earliest withdrawal timeline for funds in 12 years and could stretch for 20. Already holding SHOP, CSU, VFV, HDIF.

Q: Hi all,

Please provide your thoughts on HDIF and EIT in terms of income sustainability and safety. Do you see any growth potential?

Thanks

Q: Hi, could you please compare the relative attractiveness of the above 2 ETfs, understanding HDIF is new but the underlying ETFs are not. Is there much difference? I believe the underlying HDIF ETFs are all U.S. whereas some of the HDIV are Cdn which I believe would reduce USD FX exposure? Any advantage of one fund manager over the other (Harvest vs Hamilton)? Thank you.