Investment Tips and Chat

[Breakin"even]

I thought a new thread is needed for investing ideas and investment discussions.
Open to all areas of investing, other than penny stocks and hot stock tips. There
is an exellent thread for that already.

 

[Breakin"even]

HHL is a better option, a large cap health care ETF that sells covered calls on 1/3 of it's holdings and is currently paying just over 8% dividend. Total return of 22% over 2021 posted by

absolon​

I like the looks of HHL, good yield of 8.44% , simular to ZPAY but that yields 6.07%.

Although HHL had a great return of 22% in 2021, that was unusual. On the 5 year chart
it's total return was arount 8%. With a Beta of 0.86, gives it a above average stability and
lower volatility. To me that makes it a great income stream, and when markets are going
sidways 8.44% div. would help.

 

[absolon]

Returns on just about everything this year are unusual. My focus as a newly retired man of leisure is on income and HHL fits the criteria of holding solid large caps for downside protection and juicing the yield by selling covered calls. I steer clear of small caps, technology, momentum, memes, unicorns, businesses that have trouble generating profit and anything crypto related, basically anything that relies on investor sentiment instead of fundamentals. I'm happy to sacrifice windfalls for consistency.

I'm also in BMO covered call series ZWB, ZWS, ZWE, ZWC and ZWU ETF's for the same reason. Yield based on buy-in range from 6% to 9% on all of them though some make me happier than others based on when I bought them, ZWB particularly because of a $13 buy-in price.

Capital Power (CPX) and Enbridge (ENB) have also been good for buy-in prices, dividend levels and the CDN dividend tax credit that effectively bumps the yield after taxes to a pretax equivalent a percent or two higher than stated yield. Both are also solid investments though ENB is bucking some headwinds at the moment with Line 5 and the transit tariff hearings.

 

[N2013]

Don’t look for the needle, just buy the haystack. VEQT and go fishing.

 

[wildmanyeah]

Don’t look for the needle, just buy the haystack. VEQT and go fishing.

IF you are average in investing your beating 50% of people out there

 

[Breakin"even]

VEQT: great set and forget etf. Although the exp. ratio is small, when they bundle etfs together
in one etf you pay the exp. for each etf as well as VEQT. Small price to pay for the convenience.

 

[N2013]

VEQT: great set and forget etf. Although the exp. ratio is small, when they bundle etfs together
in one etf you pay the exp. for each etf as well as VEQT. Small price to pay for the convenience.

I’ve heard that response before and it’s a common misconception that you pay the MER of the underlying funds in addition to.
You only pay MER once. Says right on the fact sheet. 0.24% MER. Worth it.

 

[beemer]

I like the BMO etf products. Not a huge wealth builder but excellent dividends paid out monthly and very stable.

 

[absolon]

Another buy and hold is MAW120, a Mawer global equity mutual fund with a stellar record for reliable, steady growth.

 

[Foxsea]

Another buy and hold is MAW120, a Mawer global equity mutual fund with a stellar record for reliable, steady growth.

Yes, Mawer has been great for us (9 years), as well. I like the "art of boring".

 

[N2013]

We do a little of everything for various registered accounts. VEQT, XEQT, XAW, VXC. Best thing we do is track our savings rate & net worth. Helps me feel zero guilt when following passions. I recommend everyone read Psychology of Money by Morgan Housel. Good read.

 

[N2013]

Yes, Mawer has been great for us (9 years), as well. I like the "art of boring".

Boring is good. Nice returns in MAW120.

 

[Foxsea]

We do a little of everything for various registered accounts. VEQT, XEQT, XAW, VXC. Best thing we do is track our savings rate & net worth. Helps me feel zero guilt when following passions. I recommend everyone read Psychology of Money by Morgan Housel. Good read.

Best part of money? When you no longer really need it.
Know what enough is.

 

[pacemaker]

What is everyone’s thoughts on Rivian stock for the short term fit?. I realize that it is recently down about 20%in the past week or so, but that is often a good time to dive in. Electric vehicles aren’t going to disappear anytime soon, and Rivian EV trucks are very highly rated. Thoughts?????…..

 

[wildmanyeah]

What is everyone’s thoughts on Rivian stock for the short term fit?. I realize that it is recently down about 20%in the past week or so, but that is often a good time to dive in. Electric vehicles aren’t going to disappear anytime soon, and Rivian EV trucks are very highly rated. Thoughts?????…..

Its being driven down, excuse the pun, like all tech.

may be a good time to buy into an all tech ETF soon.

 

[Corey_lax]

My few tech/med stuff bumped up about 7-8% today. Still down overall though but nice to see.

 

[Breakin"even]

What is everyone’s thoughts on Rivian stock for the short term fit?. I realize that it is recently down about 20%in the past week or so, but that is often a good time to dive in. Electric vehicles aren’t going to disappear anytime soon, and Rivian EV trucks are very highly rated. Thoughts?????…..

If Rivian puts a good new COO in place, I see it moving up. IMHO

 

[wildmanyeah]

If Rivian puts a good new COO in place, I see it moving up. IMHO

ITs still a speculative play IMO because its evaluation is still over the top.

 

[MRWood]

Its being driven down, excuse the pun, like all tech.

may be a good time to buy into an all tech ETF soon.

I bought some IDRV (iShares Trust - iShares Self-Driving EV and Tech ETF (IDRV)) shares awhile back in the high USD40's/share. It's now at $55 give or take. Just going sit on it and see where she is in a few years.

 

[Breakin"even]

I'm thinking about XEG.TO, it"s already up 74% though. Mabye it's to late for this one.