Investment Q&A

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.