Hi Everyone, In case you want a Higher Yield alternative to these CASH ETFs but are willing to take a bit more risk... make sure to check out these 2 videos on ETFs i consider "safer" to park CASH as well: kzbin.info/www/bejne/g2atp5-fr7x8mK8 + kzbin.info/www/bejne/n4S6XpZuotSopLM
@catherinedesilets8960 Жыл бұрын
Adriano!!! A down to earth millionaire that is transparent, honest & fair - such a pleasure to have had a chance to get advice from (one on one coaching) … I could have never started my journey without your personal guidance 🎉
@PassiveIncomeInvesting Жыл бұрын
I appreciate that!
@PassiveIncomeInvesting Жыл бұрын
lol millionaire... just 1
@Bigbarry8892 жыл бұрын
The little music is MUCH more better than the old one!!
@stepannovotny4291 Жыл бұрын
I'm getting a lot out of your videos, and those which espouse split corps and derivative backed ETF's are very informative and well worth watching even though I dislike those vehicles. Keep up the good work =)
@PassiveIncomeInvesting Жыл бұрын
Great to hear!
@stepannovotny4291 Жыл бұрын
And also the hidden fees within the above structures, such as TER.
@stepannovotny4291 Жыл бұрын
...oh, and also focussing on growth ETF's with the above structures. Invesco is certainly pushing the envelope in this realm and IMHO may folks don't even realize they're buying Swaps!
@JOHNHSMITH2 Жыл бұрын
I just feel bad for ppl who bought QYLD at 24 or 25 and now will get a .15 distribution:( JEPI/JEPQ killin it.
@PassiveIncomeInvesting Жыл бұрын
Don’t feel bad , because I don’t ….
@Magdalene777 Жыл бұрын
I'd like to hear your thoughts on the overall market, rate hikes and inflation and if it's effecting your investing strategy or outlook.
@RenosVids2 жыл бұрын
With BMO Investorline High Interest Savings account you can get 2.9% with no fees currently!
@thinkandretire Жыл бұрын
Good job in putting together such a nice and useful video for Cash Saving ETFs. Learnt quite a bit. Easy to follow! All the best!
@PassiveIncomeInvesting Жыл бұрын
Glad it was helpful!
@dor1994Ай бұрын
Are these best to hold in a TFSA?
@mlv1351Ай бұрын
Hello Adriano. Love all your videos. I'm a member of the PII club. I'm Canadian. I need to park USD $ for the next 6 months. Its in a margin account (not registrered). Which ETF would you recommend? 1. would prefer to keep in USD 2. Would prefer to invest in Canadian mkt to avoid the withholding tax if any. I found HISU: do you have a another recommendation?
@PassiveIncomeInvestingАй бұрын
hi there, i cannot provide recommendations via comments. but 6 months is short. i would go with a short bond option . maybe SPAY.U
@CatherinePaquetRivard1963Ай бұрын
@@PassiveIncomeInvesting Thanks. I will look at SPAY.U. Also found HISU. Will look at both. Thanks for taking the time to reply. Regards.
@stanleylu3625 Жыл бұрын
Wouldn't banks such as Simplii financial with a rate of 4.75 in their high interest savings account outperform everything you mentioned?
@ggpp6252 Жыл бұрын
I think these reported rates are only for a short promotional time, which is quite misleading. They are not annual rates if I am not mistaken.
@Inquisitive9 Жыл бұрын
Are HISA ETFs market risk free for the capital invested. Can their values drop if interest rates drop.
@JOHNHSMITH2 Жыл бұрын
Thanks for this video. Didnt know these existed. May replace m long term savings w one. Ill look onto them more
@JesusRodriguez-ku9kg Жыл бұрын
Nice! This deserves my subscription. While checking these 3 etfs I just found also HSAV which doesn't distribute but reinvests it, seems attractive too, Have you talked about this kind?
@TwinsDragon3 Жыл бұрын
Appreciate the insight. Was looking to park some cash and this is a great alternative to GIC's.
@roozbehbarirani2 жыл бұрын
Can you make a video comparing 30 yrs of investing and renting vs 30 yrs of paying a mortgage including all cost of owning a house for ??? I can't wait to hear from you ... Tnx for all ur videos ... Have been watching u since u had 5k subs ... Great growth
@PassiveIncomeInvesting2 жыл бұрын
Thanks for the loyalty ! I wouldn’t know how to present concrete data on this suggested video . Where the home is is a huge factor and what you invest in also
@XInfinity20242 жыл бұрын
That kind of video is very hard to do because interest rates , rent in each area and property tax in each area alone are so different and as for all the cost of owning a house will be a lot different depending how old a house is.
@MIngegneri2 жыл бұрын
Perfect timing. I'm retired and my monthly PI is more than I need so I'm reinvesting each month. I'm planning to buy a place in the next couple of years and since I'm not sure where the market will be I've decided to park more of my PI distributions in cash so I don't risk selling at a loss when I need the money. Like I said, perfect timing !
@dacxem2 жыл бұрын
Trick question right? get it invested :)
@PercyY-ib2vx2 жыл бұрын
Just to let you know the banks (e.g. TD Webbroker) forbid you to buy these funds because their rates are much lower. I have been trying for months to buy these money market funds.
@PercyY-ib2vx2 жыл бұрын
@@stephenrutherford All cannot be purchased from TD. I am reluctant to transfer my account to private brokerages as it takes time and unsafe in case of a financial meltdown. These savings etfs are in direct competition with the banks for saving deposits and the bank’s rates are much lower and so they stop you from buying.
@PassiveIncomeInvesting2 жыл бұрын
That’s insane … don’t worry about a meltdown my friend lol
@crazywaffleking2 жыл бұрын
You could dfn or ftn, class A share. The price isn't 100% stable but stays close enough to $10 and you can get 5-6% yield.
@PassiveIncomeInvesting2 жыл бұрын
You mean the preferred share
@PercyY-ib2vx2 жыл бұрын
@@PassiveIncomeInvesting all daily savings etfs
@nadonadia25212 жыл бұрын
Very interesting video , it 's what i was looking for, you save me a lot of time researches thank you.
@PassiveIncomeInvesting Жыл бұрын
Glad it was helpful!
@tenniswilliam Жыл бұрын
This is useful. The only problem i have is in TD Webroker none of these can be purchased. I would have to move my TFSA to a different broker. Are you aware of any similar ETF that can be obtained on TD.
@PassiveIncomeInvesting Жыл бұрын
its because they are in competition with TD's savings account
@joellandry3903 Жыл бұрын
Perfect for the New celi app
@fernandodoria87178 ай бұрын
Are Dividends from a CASH ETF, taxed by the CRA as Canadian Eligible Dividends, or as Capital Gains?
@PassiveIncomeInvesting8 ай бұрын
Neither … Regular income
@RonnieM9011 ай бұрын
There are some newer ETFs that might fit into this category. NEOS has CSHI. Simplify has HIGH. I feel both of these ETFs are interesting. Another ETF that has been around for a while and deals with bonds is SPHY. Neos also has BNDI that deals with bonds.
@PassiveIncomeInvesting11 ай бұрын
yes see my latest cash parking video, those 2 are mentioned there
@RonnieM9011 ай бұрын
@@PassiveIncomeInvesting Sorry about that. Some other ETFs that ate similar to JPST and ICSH are SHV, BIL, SGOV, and MINT. These are considered short term bond ETFs. Also, there are floating rate bond ETFs like FLOT, FLRN, FLTR, VRIG, and TFLO. They all seem to perform similar. The short term bond ETFs seem to have dividend yields around 4%, and some of the floating rate bond ETFs seem to have dividend yields around 5%.
@playonwords55 Жыл бұрын
Can you recommend a government bond? It seems there are so many of them. How does one choose one? Thanks
@PassiveIncomeInvesting Жыл бұрын
My recommendation is to stay away from them . Much better options out there
@kng2003ca2 жыл бұрын
Wondering how the Net Yield of 3.59% of Purpose Cash is calculated?
@PassiveIncomeInvesting Жыл бұрын
Hi Kevin , NET Yield is what the investor gets i believe, not the GROSS yield. i'm meeting with Evolve ETFs tomorrow ill ask them, since they have a similar Cash etf. Make sure to watch that video probably out in 2 weeks :)
@titchglover260111 ай бұрын
thanks for the video I assume it works like an etf? any amount I want to add ? for any amount of time? I see many using CASH on Blossom social. What about Eqbank? any thoughts on it? I wish the banks would offer a savings account with a decent int rate thanks.
@PassiveIncomeInvesting11 ай бұрын
yes its an ETF
@XInfinity2024 Жыл бұрын
Good video. I would love to hear your thoughts on if you would recommend people to hold these kind of ETFs in tax sheltered accounts like the TFSA and Roth IRA
@lastempire7302 Жыл бұрын
How are these distributions/dividends taxed in a nonregistered account? Eligible Dividend or taxable income?
@PassiveIncomeInvesting Жыл бұрын
interest, its interest on cash, so the worst taxed
@andredsouza2320 Жыл бұрын
If we were to invest in one of these in a margin account, how would the dividends be taxed? like interest, or dividends?
@PassiveIncomeInvesting Жыл бұрын
Interest
@crazywaffleking2 жыл бұрын
Class A split funds also work
@PassiveIncomeInvesting2 жыл бұрын
you mean prefs :)
@namnguyen79526 ай бұрын
Would I lose money if I buy the etf at 50.08 and then have to sell it 2 weeks later at 50? Does that mean I lose 0.08? Or after selling the etf, I would get 0.08 back when CASH distributes dividends ?
@PassiveIncomeInvesting6 ай бұрын
i know what you are saying.... and it doesn't work lol
@namnguyen79526 ай бұрын
@@PassiveIncomeInvesting hiii does that mean that I can just buy CASH with my extra cash and sell it whenever without worrying that I would lose money?
@SA-hy7ef3 ай бұрын
I am wondering the same.
@AlexSuperTramp- Жыл бұрын
Can you explain why the yield is expected to by about 2.5% when the fund claims to return 3.6%? Great video thanks!
@PassiveIncomeInvesting Жыл бұрын
im not 100% sure. maybe they have to pay fees on their end?
@beauchampfrancois151 Жыл бұрын
It's even lower on TradingView.... mmmh. Food for thought.
@adamo1827 Жыл бұрын
Maybe because you have to factor in the management expenses, i.e. MER?
@bhaalgorn Жыл бұрын
Because hisa rates weren't that good a year ago... it's taking a yearly average.
@katalystc1268 Жыл бұрын
I cant find any of these on RBC investing. Is it a conflict of interest or something
@PassiveIncomeInvesting Жыл бұрын
unfortunately yes :(
@jimmynguyen8802 жыл бұрын
What about dividends etf (like zdv) vs these ?
@PassiveIncomeInvesting2 жыл бұрын
well that's not "cash" :) this was just to show where you can actually leave it and make some interest instead of the bank
@Goforitmanager2 жыл бұрын
Great video and good to know there are other options out there. Motive financial is paying 3% on their high interest savings account, just wonder how taxation compares between the funds and the savings account.
@PassiveIncomeInvesting2 жыл бұрын
Should be all interest
@awong87842 жыл бұрын
How about invest in US Treasury bill/note/ bond? 1 year almost 4% risk free. Is it good choice ?
@unknowna1 Жыл бұрын
Love the new intro
@lucimorth Жыл бұрын
You forgot the Horizons CASH ETF...
@PassiveIncomeInvesting Жыл бұрын
no i didn't ... you forgot to watch the entire video :)
@RecentlyAdults Жыл бұрын
unfortunately TD direct investing doesn't allow you to pick up these etfs!!
@PassiveIncomeInvesting Жыл бұрын
Questrade :) no such issues there!
@PlebThinker Жыл бұрын
What does the king think about ZWU?
@PassiveIncomeInvesting Жыл бұрын
i like it! its in HDIV
@ledeux2 жыл бұрын
It say 1.15% yield on webull and WS
@PassiveIncomeInvesting2 жыл бұрын
stop looking at WS Yields...
@carlof28822 жыл бұрын
@@PassiveIncomeInvesting why are the WS yields all messed up?
@brahimaljene66642 жыл бұрын
Wealthsimple shows a trailing yield relative to the 12 previous months, not the projected yield.
@PassiveIncomeInvesting2 жыл бұрын
Yup , it’s probably the number 1 question I get
@hanskuettner3741 Жыл бұрын
Hey hi hello! Love the videos so much that I've wanted to open a quest trade account but the code doesn't work :( Their chat assistance also say it's inactive.
@danb8379 Жыл бұрын
Awesome info. Never knew about these.
@jessicarenyan2 жыл бұрын
Is it safe to park my emergency fund using these ETFs?
@PassiveIncomeInvesting2 жыл бұрын
yes , i think i proved that in the video :)
@marcelmedina87062 жыл бұрын
great video, very timely considering many excellent ETF's are dropping in price at the moment.
@scottmartin17352 жыл бұрын
Very informative video! Thank you. I had no idea this existed!
@PercyY-ib2vx2 жыл бұрын
I am in fixed income 6 months ago. This is not timely. I am sure you lost money already
@scottmartin1735 Жыл бұрын
@@PercyY-ib2vx not Invested in any. Just found this interesting!
@Rob-ob3sh Жыл бұрын
Are these ETF’s insured ?
@theletterx88282 жыл бұрын
Would you consider this a replacement for Bonds ETF?
@PassiveIncomeInvesting2 жыл бұрын
Not really . It’s just to park cash
@nansw6442 жыл бұрын
What is needed for the stock market to collapse or stay flat? Is this realistic for the current conditions of the world?
@PassiveIncomeInvesting Жыл бұрын
I would stop watching TV and the media for a while
@neilmac47302 жыл бұрын
Since you reinvest is the reason your monthly income continues to grow!
@PassiveIncomeInvesting Жыл бұрын
yes of course! i always suggest to keep investing regularly!
@jacquesfournier46162 жыл бұрын
Nice video. I use preferred shares of split fund for that purpose. It turns around $10 plus or minus, but the yield is much higher.😁
@blanksy_- Жыл бұрын
and not highly taxed as interest
@PassiveIncomeInvesting Жыл бұрын
yup i discuss those in a previous video "safety ETFs" but this was specifically for CASH
@Whatisthisstupidfinghandle2 жыл бұрын
Just what I was looking for. Good timing ! Thanks. As usual
@blugan Жыл бұрын
Liked!
@PassiveIncomeInvesting Жыл бұрын
Thanks!
@vicfontaine51302 жыл бұрын
I know you've talked about the psychological effect of covered calls as opposed to growth investing, how do you feel about paying off a mortgage vs investing
@PassiveIncomeInvesting2 жыл бұрын
Tricky question ! 😉😉
@jacquesfournier46162 жыл бұрын
Hi, I paid my house $40000, 40 years ago; the market price is now $600000....meaning a 7% yield. If you invest, you pay a rent but no taxes, and you could beat that 7%, if inflation is not going to the roof. @@PassiveIncomeInvesting
@landwarrior3482 жыл бұрын
So the distributions from these ETFs are considered dividend or interest? The difference will impact taxes.