Are These ETFs Still the Best Place to Invest Your Cash in 2024?

[@StocktradesLtd]

Are you still buying these ETFs in 2024? If you want to utilize our ETF screener plus all the other features at ETF Insights, grab 50% off your first year here:www.stocktrades.ca/stocktrades-etf-insights/

[@scottsurridge8858]

Thanks for this Dan. Always find a ton of value in your videos. Keep it up! Looking forward to the next one

[@StocktradesLtd]

@@scottsurridge8858 thank you!

[@joshb.6353]

Switched from CASH to ZST. Distribution is holding up better. Being a 12 month and under bond fund there should be a lag effect to rate cuts.

[@StocktradesLtd]

@@joshb.6353 it should yes but eventually it'll get hit in terms of yield as well

[@brentBoggust]

Would you do a video on bond ETFs. I have been looking at ZPL and TDB.

[@StocktradesLtd]

Heavily requested yes!

[@CJWineGal7]

Thanks Dan! This is quite timely as I have been wondering about the value of these funds for the short term. Great information. As for new material, there is a lot of coverage out there on Canada's big 5 banks, but what about the small ones ie Laurentian, Canadian Western, Desjardins. Thanks again.

[@StocktradesLtd]

Canadian Western was bought by National and to be honest there isn't much to talk about with Laurentian!

[@TheMETHnNANO]

Would like to see you discuss South Bow as well as the latest CNQ acquisition of Chevrons oil sands assets.

[@StocktradesLtd]

South Bow will come yes!

[@funkspinna]

Good suggestion.

[@TheDividendInvestorCPA]

I like holding cash on the sidelines for opportunities and these funds can provide decent yield while being patient to deploy that capital into equities.

[@StocktradesLtd]

@@TheDividendInvestorCPA absolutely!

[@conroy119]

Hindsight is 20/20, but basically anybody who was has been sitting in these 5% ish yields on cash via these funds the last year has missed out on a huge market runup. Now with yields going down people shifting back to equities are paying a premium. Time in the market beats timing the market.

[@TheDividendInvestorCPA]

@@conroy119 Agreed - I was investing heavily the whole time - But sticking to valuations and investing over the long term while keeping some cash has proven to work out for me, so far…

[@moresugartradercc2744]

I think they are still worthwhile you are not investing in these to get rich but to have them ready when you need it there is some risk but a lot safer than the stock market

[@StocktradesLtd]

Yep! Well said

[@Firul4is]

Good timing vid

[@StocktradesLtd]

Glad you think so!

[@raytailor9251]

Good video! What are your thoughts on covered call etfs? Being a senior, I need some income.

[@StocktradesLtd]

Good options for seniors looking for income for sure!

[@gilbertbilodeau]

Thanks for the tips. I just bought into CASH as a place to park cash. What are your thoughts on ETFs like Global X's USCL and other covered call and covered call with leverage S&P 500 ETFs in comparison to ETFs like VFV?

[@StocktradesLtd]

Over the long run, you'll perform better simply owning the index. These income etfs certainly have their purpose for people, but if total return is your goal, likely better off elsewhere.

[@RamGuy-z8q]

Great video Dan, thank you. Good timing too for me 😊. What are your thoughts on DXV?

[@StocktradesLtd]

I'll have a look!

[@skidlodo2313]

I recently sold some ZMMK to buy DFN PR as they're hiking their dividend to 7%. I also have some preferred share from George Weston that I bought when the rates were going up and share price down. Do you have an opinion on these two? They represent about 4% of my total portfolio but it's going to increase as I sell from ZMMK. I like how they are taxed in my non-registered, gotta admit that HSAV looks interesting as well in there. Thank you and great video!

[@StocktradesLtd]

Never been a gigantic fan of DFN capital shares. I'd have to look into the preferreds.

[@erickrgarcia]

Great video. I have a small amount in WS cash account as an emergency saving that has been building up. I apprecoate yoyr point that cash accounts are affected by what the BOC does and started to think that it might be better to put the monry to work since interests are low. Great information. 👍🏾

[@StocktradesLtd]

Glad it was helpful!

[@sylviemorissette7668]

I thought HSAV was not available anymore... thank you for confirming that it is

[@StocktradesLtd]

No problem!

[@HamiltonRb]

How do you see low volatility etf’s like ZLB and ZLU doing in foreseeable future

[@StocktradesLtd]

Pretty big fan of ZLB!

[@leninrumao]

Dan u r genius Please make more videos on small cap stocks.

[@StocktradesLtd]

You must have read my mind. Mid cap stock I own coming up next week

[@roberttaylor3594]

I like CASH.

[@StocktradesLtd]

Doesn't everyone!

[@tod3632]

Cbil?

[@StocktradesLtd]

Yep, definitely an option as well

[@joloui2035]

good vid

[@StocktradesLtd]

@@joloui2035 thank you;

[@wilflambo8102]

Opinion on RCDC?

[@StocktradesLtd]

New fund. Will have to have a peak!

[@UNOyay]

Thoughts on preferred shares? SPLT?

[@StocktradesLtd]

These aren't preferred shares. It's a split corp that owns the preferreds versus the capitals. It's not the same structure as just a normal preferred shares.

[@UNOyay]

Ok thanks. What are your thoughts on corporate preferred shares or split corp preferreds?

[@funkspinna]

@@StocktradesLtd Might it be an option to store cash? ...with capital preservation (even appreciation, +6% over the past year) and a decent yield (+6%). The distribution is about half RoC and half dividend.

[@gabrielcollantes5399]

Can you speak to holding SVOL in an RRSP. Thanks

[@StocktradesLtd]

Can look into it yes!

[@Level70-x4d]

ZMMK is still paying over 4%.

[@StocktradesLtd]

@@Level70-x4d 4.09%~. HSAV paying similar yield better tax structure

[@chadferreira6799]

Cash still paying 4.78%

[@Level70-x4d]

@@chadferreira6799 That’s the trailing yield.

[@roberttaylor3594]

Stocks are pretty frothy these days! Very tempting to put your safe money into them… blinded by the froth.

[@StocktradesLtd]

People said that in 2023 and bought into these funds.