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I get enough shares of an ETF that when the dividend comes in it can repurchase a new share. Then I move on to another ETF.
So how many ETFs do you own? and are they all broad market indexes or are they all more specific sectors? I’ve never really heard of this approach so I’m really curious
24, with roughly 30k in TD right now. I see many ETF options from Hamilton and BMO, though I think for bank stocks it is better to go for individual holdings– why pay a management fee for a firm to buy 6 holdings, when you can do the exact same yourself? Similarly, for tickers that offer covered calls; these are all options you can do yourself and with greater control. With individual bank stocks you can buy a bank you think is battered down, which you cannot do fully by just buying a bank ETF.
buying the financials is most definitely the riskiest and complicated sector what knowledge do you have at 24 to know how to analyze a bank in the first place?
Do a comparison. Your portfolio performance vs buying VSP or VFV
If their individual stock portfolios outperformed the S&P500 then they absolutely would have… problem is they almost definitely don’t
Goodness gracious, the dream team! Backstreets back, alright!
It feels so good seeing you two on screen again.
As for the topic, I was excited when I first began investing in 2022 to go all-in with ETF’s. I was excited about the hand free diversification, one-click access to hundreds stocks.
I transferred accounts to Questrade and went 99% with ETF’s. But I like to check things daily, and I’d see individual stocks doing well or doing poorly and I can’t do anything about it because I own ETF’s. So I began “diversifying” (LOL 😆) by getting into individual stocks I liked.
Glad to see you two back at it together!
I invest in both single stocks and ETF’s. BMO has some great ETF’s ZSP, ZWG and ZCN. I also own HDIF, HDIV and RS Reit and VDY. Seven ETF’s is enough for me and the rest I like individual bank stocks, a couple growth stocks and diversify with Telus, ENB, FTS, EIF and AI, FN to give me monthly dividends.
Nice to see you two together on a video! I started with a Balance Mutual fund. got 13% of r5 years…that was 1986 or so! These days I am a mix of ETFs and single companies, with a focus on dividends….but I have a section of ‘speculative’ companies…it has been educational to watch their performance vs the more…legitimate…stocks I invested in!
Not knowing anything about Brandon’s life makes giving an opinion on what he should do very easy! He should go heavier on ETFs than stocks and get his dad to be on the look out for good individual stock opportunities.
lol brandons so lucky to have a dad thats like his best friend
Thanks for an interesting conversation. I started as a DIY investor about 12 years ago trying to pick stocks, trying subscription services like Cabot, Motley Fool, etc. Results where mostly so-so. Eventually switched to ETF’s and since then beats the market hands down with just 2 ETFs. 50% HTA and and 50% HQU – reinvest dividends and rebalance when needed. Average annual compound growth of 21% per year over the past 9 years (5.6x capital growth). I’m now 70 and just changed strategy because I need income from my investments: 700k in HTA will give me a steady 4.6k per month in dividends plus capital growth while 300k still in HQU will allow me to take profit from time to time to buy more HTA or spoil myself.
You’re essentially 100% invested in the Tech Sector only?
@@stompieandsuzie It is partly true. HQU tracks NASDAQ 100 and that is only 50% tech, and because the index is self-correcting, it will always contain the top 100 corporations in the NASDAQ irrespective of sector. Because tech is in everything that you can think of, these days, means that the tech sector will do well for a long time to come. My portfolio is for sure volatile but I’m very comfortable with it because it give me a secure income stream with no need to sell any equities in a down market. Make no sense to give up yield just for the sake of diversification.
For most average and busy Canadians, buying ETFs for long term is the best.
Even for the people with all the time on their hands, nobody is beating the market the vast majority of the time… It honestly makes me really uncomfy that these guys said what they did about beating the market because they made it seem like it was way more likely than it is… I personally mess around with 10% of my portfolio in individual stocks, but no way anybody should dedicate their whole portfolio to it – they’ll most likely lose
I wrote this comment before I finished the video and later on they do say that most people should own more ETFs, but even still I think they make success with individual stocks seem a lot easier than it really is
Really good video! I started with mutual funds not even knowing what I was doing. After some youtube videos I decided to switch to individual stocks. After around 4 years I sit down checking my portfolio performance, and watching underperform most of the time to the sp500, so I decided to why bother? And started switching gradually to etfs. But 2 years ago I saw an opportunity with tech stocks very cheap, and was buying mostly that. This year I see tech and consequently sp500 etfs too expensive, so I have been buying mostly defensive dividends stocks.
I still do automatic purchases of different etfs, but with bigger chunks of money I prefer to be more strategic, and even I would like to add bigger to index etf I think now is not the best time.
ETF’s and chill…best thing i’ve ever done…
enjoy under performing the market Branden…so obvious to XEQT and Chill…no brainer…
Loved the discussion! Always great to see the Beavis Boys back together! 🙌I’ll see you both in Toronto in a few weeks, can’t wait! 😁
It’s great to see you two together again. As for the stock vs ETF debate? My portfolio is all stock and it’s managed by a brokerage. The reason I went the brokerage route was because I wanted to leverage the experience of a team. Having access to them via e-mail, phone is very beneficial for me. Now, the fees are expensive so that’s where the ETF’s come in! Passively managed and set it and forget it kinda thing! However for me to switch over, it means that I have to sell, activate a capital gain tax and deal with that! So it’s prohibitive in my situation. And I like asking questions as I’m very hands on. But if you’re in your 20’s and just starting out? 100% ETF’s. Absolutely!
Stocks and ETFs is the best answer. Good luck for all of us.
I look more at the tax eligibility and implications of dividends (individual stocks) vs distributions (ETFs). You might not be able to have all your investments in a TFSA and not have to worry about taxes when drawing from those same funds. A lot of people are looking at the here and now of taxes without thought down the road and how those ETF distributions are taxed.
ETF’s all the way. I started by transferring all my mutual funds over to my own investment account and took some bad advice (for my situation) and bought some investment stocks on the venture market just before Covid and everything crashed. I am slowly moving everything over to high yield etf’s. moved most of my money over to Wealth Simple with everything on drip. Just watching it grow now. The American etf’s have much higher yields. Defiance and Yieldmax. My husband did the same and his account is bringing in more than my wage. Some people are going to say too risky, but we are doing it to build up our accounts and then go to the consistent paying ETF’s like SVOL. Thank you for your video and Brandon go for the ETFs you won’t regret it with the returns. Also don’t be afraid of the American stocks.
Looking at your portfolio on blossom, diversity is obviously important to you. Like you said, keeping up on the number of positions you have is too much (I can relate obviously being at the exact same point in life), so trimming back would likely be good.
Concentration in your highest conviction names, then putting the rest in index funds is likely a smart choice. You only need 3-5 individual names to still get all the benefits of individual names, with a huge relief in time requirement.
If I were to make the decision to move to index funds or ETFs, I’d likely do a hybrid approach keeping 3-5 positions weighted around 10% each, then the remaining 50% in the index.
I have both ETFs and stocks. I made sure nothing is overlapped so I’m not overexposed to companies