Successfully bought my very first dip 🤓☝️! (bought @ $302.75). Wow this is going to be my very first post too, apparently I need to reach 140 characters for this to reach the For You feed?! That’s probably why my feed is always filled with essay posts…
Cars are for transportation, not status. A paid off car should be the new status symbol... We need to normalize keeping a paid-off vehicle until the wheels fall off. That Honda or Toyota doesn’t become a bad car just because your neighbour bought something newer. Driving a car for 10–15+ years can quietly build more wealth than most people realize. My wife and have 2 vehicles. 1) 2016 Ram 1500 (paid off) 2) 2005 Ford Taurs (I bought for $2250 10yrs ago...and still drive to this day) We dont have the fanciest cars...but we are Millionares. I'd stick with the latter for now...maybe a really nice sports car when we hit 5 million invested in our 50s (projected) What are your thoughts on vehicles?read more
📊 Long-Term Investing: The Power of Thorough Analysis When it comes to long-term investing, understanding the fundamentals of a stock is crucial. It’s not just about jumping on trends; it’s about making informed decisions based on solid data. This chart breaks down the essential financial statements—Balance Sheet, Income Statement, and Cash Flow Statement—that every investor should analyze before committing to a stock. 🔍 Balance Sheet: This tells you about the company’s financial health, specifically its assets, liabilities, and equity. A healthy balance sheet is a sign of stability and resilience. 💸 Income Statement: This shows the company’s profitability by detailing revenue, expenses, and profits. A strong income statement indicates a company that’s generating profits, a key factor for long-term growth. 💰 Cash Flow Statement: This reveals how the company manages its cash, from operations to investments and financing. Positive cash flow is essential for sustaining operations and fueling future growth. By mastering these fundamentals, you can make smarter investment choices that stand the test of time. Remember, successful long-term investing isn’t about timing the market; it’s about time in the market, supported by thorough analysis. $VGT$TXN$QQQ$AAPL$META #InvestSmart #LongTermInvesting #FinancialLiteracy #StockMarketAnalysisread more
I'm looking for some opinions from long-term Canadian dividend investors. I'm currently holding about $5,000 in XDIV and I'm debating whether it's worth switching that position into VDY. My goal is a balance of: - Long-term capital growth - Reliable and growing dividend income - A safer, "buy and hold for decades" Canadian dividend ETF For those who have owned either or both: - Which has given you the better total return over the long run? - Do you prefer VDY or XDIV, and why? - Is VDY's broader diversification worth giving up XDIV's quality-focused approach? - If you already had ~$5k invested in XDIV, would you switch to VDY today, or just keep XDIV? - Any regrets from making the switch either direction? I'm looking for real-world experiences and long-term perspectives rather than just the published yield numbers. Thanks!read more
Happy with $14k distributions in July! The biggest contributors were $AMDY, $CHPY, $GPTY, and $HHIS, which have been feeding the growth of $SIXY and $QDAY this past month. 🙌
This week I’m running a small experiment: $100 into PLTU, a 2x leveraged ETF that tracks Palantir (PLTR) stock, held from Monday through Friday’s close. Why PLTR this week Palantir reports earnings this week, and it’s known for making big, violent moves the day after — sometimes 15-20%+ in a single session. A 2x leveraged fund amplifies whatever direction that move goes. What “2x leveraged” actually means PLTU aims to deliver double PLTR’s daily move. If PLTR is up 5% on a given day, PLTU aims to be up roughly 10%. If PLTR drops 5%, PLTU drops roughly 10%. It resets every day, so a full week’s return isn’t just “2x the week” — it compounds daily, for better or worse. The risk, plainly This is a high-risk, high-reward bet, not a long-term investment: • If PLTR pops on earnings, this could be a genuinely strong week. • If PLTR drops or the market chops around, I could lose a meaningful chunk of the $100 — potentially most or all of it. • Leveraged single-stock ETFs aren’t built for holding long-term; I’m using it here specifically for a short, one-week window tied to a known catalyst. The plan • $100 in Monday, before PLTR reports. • Hold through the week, no adjustments. • Report back Friday with the result — win or lose. • Next week: same experiment, different stock, different catalyst. This isn’t investment advice — it’s a transparent, small-stakes experiment in short-term, catalyst-driven trading. Follow along if you want to see how it plays out.read more
Well that puts an end to the so called “best month” of the year in terms of stock market performance. From a broad view, the S&P was completely flat, different story with high beta names of course. Would’ve finished green if today ended above $7,500. A wild wild month finally comes to a conclusion.. from Iran tensions to Citdels scare to Leopold’s liquidation, and a small rally to cap it off. However it ended, you survived. Let’s see what August brings. Enjoy the weekend 🤝read more
Earlier this month my wife and I celebrated 8 years of marriage. In those 8 years we lived a pretty standard Canadian life while increasing our wealth slowly overtime with smart money decisions. • No kids ➜ 2 amazing kids • $0 invested ➜ $941,000 invested • $0 net worth ➜ $1.7 million net worth A few things about us: • Roughly 90% invested in index ETFs, 10% in individual stocks. • We drive 2 paid off vehicles. • We shop mainly at No Frills for cheaper groceries. • We bought out first home in 2021 in a lower-cost area. • We've been mainly living on one income for the past few years because investments is making more money than wifes salary. • We didn't receive an inheritance. • We paid off student loans after graduation. • I'm a police officer, been one for almost 11yrs. (started at 21) • My wife was a teacher and now primarily stays home with our two young kids. There was no lottery ticket, no lucky break, and no get rich quick scheme. No doctor or lawyer salaries..just consistent saving, regular investing, and giving compounding time to work. If our family can do it, yours can too.read more
After all the trades and covered calls last week, this week was pretty quiet. Sometimes doing less is the right move. - Added $99 of new money to the Individual account. - Bought 6 shares of $BBDC at $8.34. - Received a $25.82 dividend from $CSWC in the Roth. - Reinvested part of that dividend into 1 additional share of CSWC at $23.76. That was it. The portfolio finished the week at approximately $48,900 between the Individual and Roth accounts. Now I’m content to collect dividends, let the covered calls work, and wait for the next opportunity. Not every week needs to be exciting. Sometimes the best move is simply letting the portfolio do its job.read more
Markets had another rough day today, and my portfolio definitely felt it. Current holdings: • META – 1.3964 shares • Micron (MU) – 3.9433 shares • Serve Robotics (SERV) – 11 shares • Vanguard S&P 500 ETF (VFV) – 0.8965 shares Seeing red isn’t the most enjoyable part of investing, but it’s part of the journey. Instead of worrying about daily price swings, I’m trying to focus on why I bought these investments in the first place. One change I’ve been making is putting more emphasis on ETFs like VFV. It gives me exposure to 500 of the largest U.S. companies through a single investment, which helps me stay diversified while continuing to learn. I’m still early in my investing journey, and I’m sure I’ll make mistakes along the way. That’s exactly why I’m sharing these updates—to document the process, learn from others, and stay accountable. How did your portfolio perform today? Are you buying the dip, holding, or waiting on the sidelines? #Investing #CanadianInvestor #VFV #ETF #META #Micron #SERV #PersonalFinance #LearningInPublic #BlossomSocialread more
🔥 On Saturday over 2,000 Blossomers came out from all across Canada for an incredible day of learning and connection! I was shocked to see close to 1/3 of folks travelled from outside of Toronto to join us, huge thanks to everyone who made the trip! ⚡️ The energy during the day was absolutely buzzing and it was so awesome to meet so many members of the Blossom community! Special shout out to Blossom's Creator of the Year @jacobb and Blossom's Rising Star @nettspend who won our community-nominated Blossom awards 👏 🌱 Blossom has grown from an idea, to an app, to a movement and BlossomCon is the biggest testament to that. To see 2,000 folks from all different walks of life take time out of their weekend to connect, learn, and build financial literacy together is exactly what Blossom is all about and I am so fired up to keep building for this amazing community 💕 😍 Can't wait for BlossomCon Vancouver and New York!!! (https://www.blossomsocial.com/blossomcon2026) 👏 Special shout out to the Harvest ETFs team for being our Headline sponsor for the 3rd year in a row and to all our amazing sponsors for making this event possible 🙏
One of the best parts about the Blossom community is how open everyone is sharing knowledge and experiences. To make things easier for anyone just starting their investing journey, here’s a simple glossary to help understand and simplify various terms. Common Terms: Dividend: A share of a company’s profits paid to shareholders, usually quarterly. Ex-Dividend Date: The cutoff date by which you must own a stock to receive its next dividend. ETF (Exchange-Traded Fund): A fund that holds multiple stocks or bonds, traded like a single stock. Covered Call ETF: An ETF that owns stocks and sells call options to generate extra income (higher yield, limited / capped upside). Earnings Report: A company’s quarterly financial performance summary. EPS (Earnings Per Share): A company’s profit divided by its number of shares. Market Cap: A company’s total value (share price × number of shares). ACB: The total amount you’ve paid for an investment, including the purchase price plus any fees or commissions. Book Value: The value of a company according to its financial statements (assets minus liabilities). Yield: Annual dividend as a percentage of the stock/ETF price. Liquidity: How easily an asset can be bought or sold without impacting its price. Volatility: The degree of price fluctuations in a stock or market. Index: A benchmark of stocks (e.g., S&P 500, Nasdaq, TSX). Bull Market: A period of rising stock prices and optimism. Bear Market: A period of declining stock prices and pessimism. False Breakout: When a stock’s price moves above (or below) a key level, making it look like a new trend is starting, but then quickly reverses back. P/E Ratio: Price-to-earnings ratio (stock price ÷ EPS), used to assess valuation. Blue Chip: Well-established, financially strong companies with a track record of stability. Diversification: Spreading investments across assets to reduce risk. Broker: A platform or firm that facilitates buying and selling investments. Limit Order: An order to buy/sell a stock at a specific price or better. Market Order: An order to buy/sell a stock immediately at the current market price. Bid/Ask Spread: The difference between the highest price buyers offer and the lowest price sellers accept. Dollar-Cost Averaging (DCA): Investing a fixed amount regularly to reduce the impact of market swings. Capital Gain/Loss: Profit or loss from selling an investment for more/less than its purchase price. IPO: When a company first sells shares to the public. Index Fund: A fund designed to mirror the performance of a market index. Short Selling: Selling borrowed shares, hoping to buy them back cheaper. Margin: Borrowing money from a broker to buy investments, which amplifies gains and losses. Margin Requirement: The minimum amount of your own money (equity) you must maintain in a margin account to open or keep a leveraged investment position. Margin Call: A demand from your broker to deposit more funds or sell assets because your account equity has fallen below the required margin level. Time Horizon: The length of time you plan to hold an investment before needing the money. Short horizons = more risk-sensitive, long horizons = more room to ride out volatility. Stock Split / Reverse Split: A split increases the number of shares (e.g., 2-for-1) while lowering the price per share. A reverse split reduces the number of shares (e.g., 1-for-10) while raising the price per share. Your overall value doesn’t change just the math. Long (Being Long): Buying a stock or asset because you expect the price to go up. Short (Being Short): Selling a stock you don’t own because you expect the price to go down, so you can buy it back cheaper later. TER: The total yearly cost of owning a fund, including the management fee plus other costs like administration, audits, and legal fees. MER: The annual cost that a fund charges for management (includes any leverage costs if used). Management Fee: A portion of the MER that goes directly to the fund managers for running the fund. Withholding Tax: A tax deducted on dividends/distributions from foreign investments (e.g., U.S. dividends to Canadian investors face a 15% withholding in TFSA/Non-Registered accounts). Total Returns: The full picture of an investment’s performance, including both price gains and dividends/distributions. CAGR: The average yearly growth of an investment over time. NAV: The price of one share of a fund (stock or etf) NAV Depreciation: When the fund’s share price goes down over time. Mutual Fund: A pool of money from many investors used to buy a mix of stocks, bonds, or other assets. Bond: A loan you give to a company or government, and they pay you back with interest. Asset: Anything valuable you own that can generate money. Portfolio: Your collection of investments. Option: A contract that gives you the right (but not the obligation) to buy or sell a stock at a set price. Future: A contract to buy or sell something at a set price on a future date. REIT: A company that owns real estate and pays investors income from rent. Alpha: A measure of how much better (or worse) an investment did compared to the market. Beta: A measure of how much an investment moves compared to the market. Sharpe Ratio: A way to see if returns are worth the risk taken. Hedging: Protecting your investments from risk. Rebalancing: Adjusting your portfolio back to your target mix of assets. FCF: Free Cash Flow Understanding these terms makes investing far less intimidating. If anyone feels other terms should be included, please share in the comments. I’ll update this post so we can build a complete beginner-friendly resource together! *Sorry tagged a few etfs for reach 🫣read more
Lately I’ve been struggling with my investment mindset and finding the balance between my long-term conviction and the current macro environment. I believe in the long-term power of investing, but right now there are so many signals making me question my decisions. Long-term yields, especially 30-year Treasury yields, are at historically elevated levels. Debt levels around the world continue to grow, and I keep thinking about the potential consequences of this cycle. At the same time, we have seen an incredible run in AI, Nvidia, semiconductors, and the Mag 7, which makes me wonder how sustainable some of these valuations are. Then you add other factors: Bitcoin’s recent weakness, the Bank of Japan moving away from its long period of ultra-low rates, and all the other macro events happening globally. I find myself asking: are these just short-term fears, or are they signs of a bigger shift coming? I know that trying to time the market is usually a losing game, but it’s difficult not to question your strategy when so many things seem uncertain. I’ve been holding a significant amount of cash for a long time, and looking back, that was probably one of my biggest mistakes. Now I’m stuck between different choices: Should I deploy more capital now? Should I continue DCA and ignore the noise? Should I take some profits and wait for better opportunities? Am I letting macro fears influence my long-term strategy too much? I’m not a beginner investor, but this is something I’ve struggled with since the beginning. The hardest part of investing isn’t always choosing the right assets — it’s staying disciplined when uncertainty is everywhere. Curious to hear how others are approaching this market. Are you staying fully invested, increasing your cash position, or continuing to DCA regardless of the headlines?read more
Since common inception, YieldMax MSTR Option Income Strategy ETF (MSTY) has been the strongest performer among the income-focused MSTR ETFs with a -70.51% total return. Harvest High Income Shares ETF (MSTY) follows at -71.57%, while Harvest Enhanced High Income Shares ETF (MSTE) has returned -81.30%. Over the same period, Strategy Inc. (MSTR) has declined -76.79%. For broader context, iShares Bitcoin Trust (IBIT) has returned -46.26%, while the S&P 500 Index has gained 19.56%. Among the income-focused MSTR products, YieldMax MSTY continues to lead since common inception, outperforming both Harvest MSTY and Harvest MSTE. Harvest MSTY has also outperformed the underlying MSTR stock, while Harvest MSTE has trailed both. Overall, the comparison highlights the significant volatility across MSTR-related strategies. Although all MSTR-based products have generated substantial negative returns since common inception, YieldMax MSTY has been the most resilient of the income ETFs, while IBIT has materially outperformed the MSTR-based strategies over the same period.
My wife is finally getting on the investing training. She’s opening for Roth . Would love you guys’s opinion  on a simple 5 to 10 fund portfolio. I am thinking. $VOO$QQQM$SPMO$SCHD or $DGRO or $VYM and small cap such as $DFAT and some international such as $VXUS or $SCHF . My wife is 36 what are companies 401(k) but we’re starting to roth for her now. Any recommendations would be appreciated.
So what stocks did you guys buy this week ❓❓ What a week.. for buyers at least! But take a look at $MSFT and $AMZN, if their earnings weren’t as good I don’t think we’d have that sharp rally on Thursday. Personally picked up more $ASTS, $ONDS, $NBIS. Apple and Meta lock in..
Congratulations to Jared on achieving the rising star award. We finally met in person today and he definitely made my experience super enjoyable! Thanks Jared you deserve it!!
*There are often more that 500 companies. **This article does not purport to be a complete list and does not include leverage, coveralls or mutual fund versions. Beyond the S&P 500: 23 Major Ways to Invest in America’s Largest Companies When most investors think of the U.S. stock market, they think of the S&P 500—approximately 500 of America’s largest publicly traded companies. What many don’t realize is there are dozens of ways to invest in the same universe of companies. Different ETFs apply different weighting methods, factor screens and investment philosophies, creating portfolios that can behave very differently over time. A Brief History * 1957: The S&P 500 Index launches. * 1993: SPY becomes the first U.S.-listed ETF. * 2000s: Sector, value and growth ETFs become widely available. * 2010s: Quality, momentum and low-volatility investing become mainstream. * Today: Investors can choose from dozens of S&P 500 strategies tailored to different goals and risk tolerances. ⸻ 1. Traditional S&P 500 ($SPY • $VOO • $IVV) How it differs: The benchmark index. Companies are weighted by market capitalization, so the largest companies have the biggest impact on returns. Best for: Most long-term investors. ⸻ 2. Equal Weight ($RSP) How it differs: Every company starts with approximately the same weighting instead of allowing the largest companies to dominate. Best for: Investors wanting broader market participation and less mega-cap concentration. ⸻ 3. Ex-Information Technology ($SPXT) How it differs: Removes companies in the Information Technology sector while leaving the rest of the S&P 500 intact. Best for: Investors already heavy in technology. ⸻ 4. Industrials ($XLI) How it differs: Owns only the industrial companies in the S&P 500. Best for: Investors bullish on infrastructure, manufacturing, aerospace and defence. ⸻ 5. Quality ($SPHQ) How it differs: Screens for companies with stronger profitability, healthier balance sheets and higher-quality earnings. Best for: Long-term compounders seeking financially strong businesses. ⸻ 6. Momentum ($SPMO) How it differs: Owns companies with the strongest recent price momentum. Unlike growth ETFs, holdings change as market leadership changes. Best for: Growth-oriented investors comfortable following market trends. ⸻ 7. Pure Value ($RPV) How it differs: Concentrates on the cheapest companies in the S&P 500 using traditional valuation measures. Best for: Contrarian value investors. ⸻ 8. Pure Growth ($RPG) How it differs: Focuses on companies with the strongest growth characteristics, making it more concentrated than traditional growth ETFs. Best for: Aggressive growth investors. ⸻ 9. High Dividend Low Volatility ($SPHD) How it differs: Combines above-average dividend yields with lower historical volatility. Best for: Conservative income investors. ⸻ 10. Dividend Aristocrats ($NOBL) How it differs: Owns companies that have increased their dividends for at least 25 consecutive years. Best for: Dividend-growth investors. ⸻ 11. Value + Momentum ($SPVM) How it differs: Blends two proven investment factors by combining attractive valuations with positive price momentum. Best for: Investors seeking multiple factor exposure. ⸻ 12. Multi-Factor ETFs $QVML$QVMT How they differ: Combine several factors—typically quality, value, momentum and sometimes low volatility—into one portfolio. Best for: Investors wanting diversified factor exposure. ⸻ 13. Revenue Weighted ($RWL) How it differs: Weights companies by annual revenue instead of market capitalization. Best for: Fundamental investors. ⸻ 14. Low Volatility ($SPLV) How it differs: Owns the 100 least-volatile stocks in the S&P 500. Best for: Defensive investors and those seeking a smoother ride. ⸻ 15. High Dividend ($SPYD) How it differs: Selects the highest-yielding companies in the S&P 500. Best for: Investors focused on maximizing current income. ⸻ 16. Sector Dividend Dogs ($SDOG) How it differs: Owns the five highest-yielding stocks from each S&P 500 sector and equal-weights them, creating balanced sector exposure. Best for: Income investors who also want diversification across sectors. ⸻ 17. Enhanced Value ($NULV) How it differs: Combines value with quality and lower-volatility screens, attempting to avoid classic value traps. Best for: Long-term value investors seeking a smoother experience. ⸻ 18. Broad Growth ($SPYG • $VOOG • $IVW) How it differs: Tracks the growth half of the S&P 500. Unlike RPG, these ETFs are broader and more diversified. Best for: Core growth exposure. ⸻ 19. Broad Value ($SPYV • $VOOV • $IVE) How it differs: Tracks the value half of the S&P 500. Unlike RPV, these ETFs provide broader diversification. Best for: Core value exposure. ⸻ 20. $ESG / SRI ($SUSA) How it differs: Applies environmental, social and governance screens while maintaining broad large-cap exposure. Best for: Values-based investing. ⸻ 21. Ex-Sector ETFs How they differ: Remove a specific sector while leaving the remainder of the S&P 500 intact. Examples: $SPXT (Ex-Technology), $SPXE (Ex-Energy), $SPXN(Ex-Financials), $SPXV (Ex-Health Care). ⸻ 22. Sector ETFs ($XLK, $XLF, $XLV, $XLI, $XLE, $XLY, $XLP, $XLU, $XLB, $XLRE, $XLC) How they differ: Each ETF owns only one S&P 500 sector. Best for: Investors making tactical sector allocations. ⸻ 23. Direct Indexing How it differs: Instead of buying an ETF, investors own the individual stocks, allowing customization and tax-loss harvesting. Best for: Larger taxable portfolios. ⸻ Which Strategy Fits You? Goal Consider Traditional index SPY, VOO, IVV Equal weighting RSP Quality SPHQ Momentum SPMO Value RPV, SPYV, VOOV, IVE, NULV Growth RPG, SPYG, VOOG, IVW Dividend income SPYD, SPHD, SDOG Dividend growth NOBL Lower volatility SPLV Ex-technology SPXT Sector investing XLK, XLI, XLF and other Sector SPDR ETFs Multi-factor SPVM or similar ETFs Revenue weighting RWL ESG investing SUSA Custom portfolio Direct Indexing Final Thoughts Warren Buffett has often recommended that most investors simply own a low-cost S&P 500 index fund. Today’s ETF landscape doesn’t replace that advice—it expands on it. Whether you prioritize quality, momentum, value, dividends, lower volatility, ESG principles or sector specialization, there is likely an S&P 500 strategy that aligns with your goals. The biggest takeaway is simple: many of these ETFs begin with the same universe of companies. The difference is how they select and weight those companies—and that can lead to very different investing experiences and long-term results. Final thought. I own SPMO, NOBL interests me except for the MER fee; and, I think SDOG 🐕 sounds cool 😎 as hell.read more
$$MU Micron is now generating higher gross margins than $META . Micron: ~85% gross margins at the memory fab. Meta: ~80% gross margins from its advertising platform. Think about what that implies. Meta is spending aggressively to build out AI infrastructure, while Micron’s supply is effectively committed years in advance. That supply constraint gives Micron significant pricing power as AI memory demand continues to outpace availability. The AI buildout isn’t just creating demand—it’s strengthening the economics for the companies supplying the critical infrastructure.MU Micron is now generating higher gross margins than $META . Micron: ~85% gross margins at the memory fab. Meta: ~80% gross margins from its advertising platform. Think about what that implies. Meta is spending aggressively to build out AI infrastructure, while Micron’s supply is effectively committed years in advance. That supply constraint gives Micron significant pricing power as AI memory demand continues to outpace availability. The AI buildout isn’t just creating demand—it’s strengthening the economics for the companies supplying the critical infrastructure.read more
If you haven’t read it already, I’d strongly recommend taking a look at @etf.go’s recent post. It does such a great job at walking through the fees and the impact of them over a long period of time as well as debunking a couple comment themes I hear from covered call investors. There’s also a lot of great information and analysis in the comments by many of the top contributors on Blossom that are worth the read for anyone debating whether or not to go cover calls and follow the finfluencers that promote them.  Here’s the link to the post for anyone interested: https://link.blossomsocial.com/7uYa/ej8h3e9c
Since so many people ask how to invest in this sector, or this country, or this asset, I’ve decided to make a comprehensive guide on how you can invest in specific areas. This is NOT portfolio advice, simply information about tickers that you can research yourself. Save this for later so you have a list of ETFs to come back to! Canada: $XIU$XIC$ZCN All expose you to the TSX in Canada. These ETFs consist of all top Canadian companies and access to our national stock exchange. $VCB$VGV$VLB$VAB$VSB$VSC$XBB$XCB Expose you to Canadian bonds; whether it be long-term, short-term, corporate, government, etc. $VDY$XEI$CDZ Expose you to Canadian dividend companies $XRE$ZRE$VRE Give access to Canadian REITs $ZEB$XFN$RBNK Lets you buy the Canadian banks USA: $VFV$ZSP$XSP$XUS$HXS Lets you buy the S&P 500 (learn about hedged vs. unhedged in my other post) $XQQ$HXQ$ZQQ All give you access to the NASDAQ 100 $IWR$VO$VOE$VOT$IJH$SCHM Lets you buy US Midcaps $IJR$IWM$VB$VBR$VBK$SCHA Lets you buy US Smallcaps $DIV$SPYD$RDIV$DHS$VIG$SCHD$VYM$DGRO$SDY Give access from small to high dividend US companies $VTI$ITOT Lets you buy the whole US market $TLT$IEF$VGIT$GOVT$SHY$VGLT Give access to US bonds $XLC$XLY$XLP$XLE$XLF$XLV$XLI$XLB$XLRE$XLK$XLU All give you access to each sector in the S&P such as financials, energy, healthcare, etc. International: $XEQT$FEQT$VEQT$ZEQT Give you an all-in-one exposure to Canada, US, emerging and global markets. $VEA$IEFA$SCHF$SPDW$EFV$EFA Give access to general international exposure $EWJ$EWU$EWC Gives direct access to developed international countries $INDA$MCHI$EWT$EWY$EWZ$EWW$EIDO$EWM Gives direct access to emerging international countries Assets: $KILO$PHYS$CGL Let’s you buy gold directly through ETFs $SVR$HUZ Let you buy silver through ETFs Savings/Interest: $CASH$HISA$PSA$HSAV Access to Canadian savings and interest payments $HSUV-U $PSU-U $HISU-U Access to US savings and interest payments There’s so many ETFs I didn’t go into with dozens of categories, but this should give you some basic starting point to look into your ETF investments. This is simply the starting point, when choosing your investments always research the ETFs, what they provide to you, their fees, your goals, your risk, and what you’re looking to get out of investing. As always do your research and happy investing! Subscribe to the newsletter: relatablefinance.substack.com read more
I was accused of cherry picking my data about Return Of Capital when talking about covered calls in my recent posts. Truth is, I am still trying to learn as much as I can about this topic and I am just sharing what I am learning. But maybe they were right..... so lets dig into the data..... I looked at the 100 most bought ETFs here on Blossom using the Markets section and separated out all of the covered call ETFs. That left me with a list of 28 covered call ETFs so I built a chart that listed each ETF's distributions over the past 24 months or since inception, and compared it to the Total Return. This is the strategy used to figure out if the Distribution is eroding the Net Asset Value. Basically it means your money is just coming back to you in order to maintain the distribution yield if the total return is less than the distribution. This is not good and would be considered a bad form of ROC (Return of Capital) because you are basically paying fees for somebody to send your investment back to you. Here are the results: Over the past 24 months or since their inception date, 11 out of the 28 Covered Call ETFs have had destructive NAV and Bad ROC meaning that they are just returning your money back to you. MSTE (TSX) – Harvest MicroStrategy Enhanced High Income: -91.5% Total Return | 158.2% Annualized Yield (Since Inception | Destructive ROC Gap: +249.7%)* MSTY (US) – YieldMax MSTR Option Income Strategy: -74.2% Total Return | 94.5% Annualized Yield (Since Inception | Destructive ROC Gap: +168.7%)* ULTY (US) – YieldMax Ultra Option Income Strategy: -42.8% Total Return | 88.6% Annualized Yield (Since Inception | Destructive ROC Gap: +131.4%)* TSLY (US) – YieldMax TSLA Option Income Strategy: -38.5% Total Return | 54.4% Annualized Yield (2-Year History | Destructive ROC Gap: +92.9%) CONY (US) – YieldMax COIN Option Income Strategy: -12.4% Total Return | 68.2% Annualized Yield (2-Year History | Destructive ROC Gap: +80.6%) TSLY (TSX) – Harvest Tesla Enhanced High Income: -8.1% Total Return | 32.5% Annualized Yield (2-Year History | Destructive ROC Gap: +40.6%) YTSL (TSX) – Purpose Tesla Yield Shares ETF: -2.5% Total Return | 31.2% Annualized Yield (2-Year History | Destructive ROC Gap: +33.7%) HBTE (TSX) – Harvest Bitcoin Leaders Enhanced Income: +14.1% Total Return | 34.8% Annualized Yield (Since Inception | Destructive ROC Gap: +20.7%)* HHIS (TSX) – Harvest Diversified High Income Shares: +11.2% Total Return | 30.1% Annualized Yield (Since Inception | Destructive ROC Gap: +18.9%)* PLTE (TSX) – Harvest Palantir Enhanced High Income: +32.6% Total Return | 34.2% Annualized Yield (Since Inception | Destructive ROC Gap: +1.6%)* ETHY (TSX) – Purpose Ether Yield ETF: +18.2% Total Return | 19.1% Annualized Yield (2-Year History | Destructive ROC Gap: +0.9%) BTCY (TSX) – Purpose Bitcoin Yield ETF: +24.8% Total Return | 21.8% Annualized Yield (2-Year History | Sustainable ROC Gap: -3.0%) ENCL (TSX) – Global X Enhanced Cdn Oil & Gas: +21.5% Total Return | 12.4% Annualized Yield (2-Year History | Sustainable ROC Gap: -9.1%) NVDY (US) – YieldMax NVDA Option Income Strategy: +68.5% Total Return | 58.5% Annualized Yield (2-Year History | Sustainable ROC Gap: -10.0%) QQCL (TSX) – Global X Enhanced NASDAQ-100: +28.4% Total Return | 11.8% Annualized Yield (2-Year History | Sustainable ROC Gap: -16.6%) QDAY (TSX) – Hamilton Enhanced Technology DayMAX: +38% Total Return | 19.5% Annualized Yield (Since Inception | ROC Gap: -18.5%)* QQQI (US) – NEOS Nasdaq 100 High Income ETF: +32.2% Total Return | 13.6% Annualized Yield (2-Year History | Sustainable ROC Gap: -18.6%) BIGY (TSX) – Evolve US Equity UltraYield ETF: +33.5% Total Return | 11.2% Annualized Yield (2-Year History | Sustainable ROC Gap: -22.3%) UTES (TSX) – Evolve Canadian Utilities Enhanced: +31.0% Total Return | 8.5% Annualized Yield (2-Year History | Sustainable ROC Gap: -22.5%) USCL (TSX) – Global X Enhanced S&P 500 Covered Call: +35.8% Total Return | 10.5% Annualized Yield (2-Year History | Sustainable ROC Gap: -25.3%) ECHI (TSX) – Ninepoint Enhanced Canadian HighShares: +36.2% Total Return | 10.1% Annualized Yield (2-Year History | Sustainable ROC Gap: -26.1%) YNVD (TSX) – Purpose NVIDIA Yield Shares ETF: +58.4% Total Return | 28.4% Annualized Yield (2-Year History | Sustainable ROC Gap: -30.0%) HDIF (TSX) – Harvest Diversified Monthly Income: +41.0% Total Return | 10.2% Annualized Yield (2-Year History | Sustainable ROC Gap: -30.8%) ZWC (TSX) – BMO Canadian High Dividend Covered Call: +38.5% Total Return | 6.3% Annualized Yield (2-Year History | Sustainable ROC Gap: -32.2%) HYLD (TSX) – Hamilton Enhanced U.S. Covered Call: +46.2% Total Return | 12.0% Annualized Yield (2-Year History | Sustainable ROC Gap: -34.2%) BANK (TSX) – Evolve Canadian Banks Enhanced Yield: +48.5% Total Return | 10.2% Annualized Yield (2-Year History | Sustainable ROC Gap: -38.3%) HMAX (TSX) – Hamilton Canadian Financials Yield: +51.2% Total Return | 10.9% Annualized Yield (2-Year History | Sustainable ROC Gap: -40.3%) HDIV (TSX) – Hamilton Enhanced Multi-Sector: +59.8% Total Return | 10.8% Annualized Yield (2-Year History | Sustainable ROC Gap: -49.0% | Best ROC) It looks like single stock ETF's generally have the worst ROC of the bunch. Seems like they take the full downside when a stock falls and the options limit the upside in exchange for cash flow. Broad Multi-Sector funds targeting 8-12% distributions seem the most sustainable as they provide both upside in appreciation but also sustainable distributions that do not erode the fund. The best overall performers were HDIV HMAX HYLD and BANK As far as I can tell it looks like almost half of the most popular covered call ETF's on Blossom are sending your own money back to you..... with fees and sometimes taxes..... And I can't find a single ETF in this list where the covered call version has outperformed the same asset without covered calls. I love the idea of income, especially if it is needed for monthly expenses but it just makes me think that what we really need is for Wealthsimple and Questrade to launch an Automated Withdraws feature in a way that would give investors a similar result without the fees and upside limits of Covered Call ETFs. What are your thoughts? If you could setup automated withdraws in a way that worked similar to receiving a distribution from a covered call ETF would that be an appealing option to covered call investors? What am I missing? PS. If someone (including me) is wrong about something, kindly point out the mistake and the correct information. Dont be a prick. **Updated to correct for QDAY read more
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