My 250K Stock/ETF Portfolio | $700 /Month Passiv Income - Monthly Update #2

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• Tips: build your first...
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• Passiv - How to USE Pa...
• Diving into Dividends:...
• My $200K Stock/ETF Por... ***********************************
Looking to Support the Channel - You can buy me a coffee. Just use the following link.
www.buymeacoff...
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NEW to investing, don't know where to start , feeling overwhelmed by all the jargon and information. That was me not so long ago. Good news, you found the right place. So join me on my investment journey.
I am an average everyday Canadian just like you. For so long I trusted others to manage my investments and invested in mural funds. It took me a long time to realize this was not the best way to grow our money.
My goal is to maximize my returns and enjoy the fruits of my labour when I retire.
I have a full time job and manage an investment profile in my spare time. As you will see, it is growing each month.
I will share my portfolio, ETF's/Stock purchases, returns (Dividends) as well as any hiccups that I encounter. I call this the good the bad and the ugly. I want to keep myself motivated and if I can help some of you along the way thats a bonus.
Does this sound up your alley if so Hit that SUBSCRIBE button to follow my content and drop a comment.
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My journey started by creating a WEALTH SIMPLE account.
If you want to join the club here is a link. If you use my link you will get a reward to make your first investment and I get a small amount in return.
Use this code 4KBRIW or the link below to sign up 🙌
my.wealthsimpl...
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Blossom Social is an amazing place to share ideas, talk stocks, strategy and learn something new everyday.
You can See my portfolio and trades on Blossom, 📊.
Use my code: PRYW19 to earn $5 cash! You can use this cash to start your investing strategy.
getblossom.pag....
Crazy Canuck Investor's portfolio on Blossom
share.blossoms...
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Before you start investing it's important to establish an emergency fund of cash $$$.
My Favroite Savings account is with EQ bank. Use my code to get started saving.
join.eqbank.ca?code=DARREN8471
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Tracking you returns is very important and will make you feel good every month. Passiv is amazing all in one tool to help with this. Use my link below to get started.
passiv.com/?re...
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Not all Brokers provide investors with every account they need. For this situation I use QUESTRADE.
Open an account with Questrade and get this exclusive offer. Get a $50 cash reward when you open and fund your first Questrade self-directed account or Questwealth account.
Use referral code 58593336046834
my.questrade.c...
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[@chen3956]

I must say I love dividend investing, getting those payments in for just holding a company is amazing. from what I've witnessed it all comes down to having a Licensed investment Adviser to handle your portfolio. All thanks to mine, who has traded my savings daily from quarter a million to almost one million dollars in the last 9 months. ❤✅

[@veliadisrosasjr1647]

Amazing ! I have Liquid $150K to put into stocks, but i want to ensure good profits & safety. how did you find the right Investment Advisory?

[@chen3956]

Essmildaa Morgan is well known, just look her up.

[@veliadisrosasjr1647]

Thanks, Looked her up, I can see her profile here on the web, will send her a well articulated mail. I hope she finds space in her schedule to help me.

[@jessicaknoll4700]

Essmildaa Morgan is finally getting the popularity she deserves and this docent come as a surprise. my favourite stocks are Amazon,Walmart, Visa & Telsa

[@xiuying6874]

Consistently investing in quality dividend paying companies with the right guidance over the long term is a relatively easy plan to create generational wealth.

[@Dividend-Shark90]

Nice work! Hoping to pass 200K before the end of this summer myself :)

[@THECRAZYCANUCKINVESTOR-od4gv]

That excellent. How long have you been investing ?

[@vicgill1980]

On track Darren! Also don’t miss the crazy Canuck stuff. Keep at it. Market has been pleasantly positive

[@THECRAZYCANUCKINVESTOR-od4gv]

You rock Vic. Yes indeed the markets have been looking good. Makes me wonder when that will change. 🤣

[@gmarks1559]

Nice stuff! I use my tfsa for Canadian dividends, rrsp for USA, and taxable for global index funds. Let's goooo😊

[@THECRAZYCANUCKINVESTOR-od4gv]

Ohhhh very nice 👍 😊

[@Icecold0505]

Nice work! My RRSP is all US. A mix of some income now to buy growth and dividend growth. Seems to be working well so far.

[@THECRAZYCANUCKINVESTOR-od4gv]

Amazing. When you say income are you referring to Covered Calls ?

[@Icecold0505]

@@THECRAZYCANUCKINVESTOR-od4gv A mix of BDC’s, JEPQ/JEPI, FEPI, YMAX for income. So yes, a few covered call ETFS. Small percentage. Mainly quality like SPLG, SCHD, Blue Chip.

[@THECRAZYCANUCKINVESTOR-od4gv]

Oh wow nice

[@THECRAZYCANUCKINVESTOR-od4gv]

Very nice 👍

[@tonyk6154]

great video..i dont understand passiv and have tried over and over to understand what it does. i just use blossom to keep track of things

[@THECRAZYCANUCKINVESTOR-od4gv]

Blossom is great when you have the Pro membership. I also have the same and you can follow me there. Until recently Blossom was not as advanced as it is now. Passiv definitely tracks way more and it is real time. As noted in my videos - I can deposit cash and Passiv is updated immediately. Blossom is definitely getting better. I did this video last year. It will explain more. kzbin.info/www/bejne/o6OtfYOrrteabtksi=NtuP8eLDwa08Jsar If not let me know and I will do another with your feed back as hour mother first person to say they don’t understand Passiv Thanx very much for watching and the positive comments. I really appreciate it

[@JoeC5050]

too many overlapping funds wont give good diversification. Its just a noise!!

[@THECRAZYCANUCKINVESTOR-od4gv]

Very true. I am working to reduce overlap without taking a loss. What would you suggest I remove ?

[@JoeC5050]

@@THECRAZYCANUCKINVESTOR-od4gv I m not familiar with CA funds! sorry!

[@THECRAZYCANUCKINVESTOR-od4gv]

Ahhh gotcha

[@KD-lv6rs]

Do you do norbert's gambit with the bank? Or questrade? I have wealthsimple and they do not allow it

[@THECRAZYCANUCKINVESTOR-od4gv]

I do Norbert Gambit with Questrade. With Weath Simple I use the EQ bank USD account kzbin.info/www/bejne/pX3bgoCraqqGkJosi=QsEHfwMBOm1SpvcP

[@KD-lv6rs]

Thanks! for the fast reply. I use td bank for norbert gambit. Knowing questrade allows gives me more to consider if I decide to switch brokerages

[@THECRAZYCANUCKINVESTOR-od4gv]

@KD-lv6rs can you go back and look at the start of my video to see I started with TD

[@rexfortichcagas1746]

For a newbie investor, you’re making it too complicated. If you move everything to VOO and without any further contribution, you’re in track to double your investment in less than 6 years. If 500k is your goal. I don’t want you to make the same mistakes that I made when I was starting. Right now, I own 70% in OEF and 30% individual stocks. I will rotate some to IWM shortly for exposure to small caps. I’m turning 55 and retiring soon. Good luck on your journey!

[@THECRAZYCANUCKINVESTOR-od4gv]

Thanx for the suggestions. I agree that VOO is a good investment. My shot gun approach when I started got me where I am today. Now I am trimming things down. Aka simplifying. But I don’t want to take any major losses. What are your thoughts on a market correction. It seems that this could be coming. You mentioned that you made Mistakes. What were they ?

[@rexfortichcagas1746]

@@THECRAZYCANUCKINVESTOR-od4gv I ignore macros on my investments decisions. Nobody can predict the future. I just look for great companies with amazing cash flow and great growth potential. It’s all about conviction and swinging for the fences once opportunity comes. I worked in an energy company, I still remember when WTI went -$20/bbl, I should have sold my house and invested it all. I pivoted to Big Tech, invested heavily in AI 3 years ago before it was AI/ machine learning. AI is real, it’s on bubble territory but the trick is finding the right one.

[@rexfortichcagas1746]

@@THECRAZYCANUCKINVESTOR-od4gv I don’t base my investment decisions on macros. Nobody can predict the future. I look for companies with strong cash flows and growth potential. Once you’ve done your due diligence, buying stocks is straightforward. However, the real challenge is holding onto them when there’s panic in the market. Conviction and consistency can waver during tough times. When you find the right opportunity, swing for the fences. My biggest mistake was during the oil price crash when WTI went negative at -$20/bbl. I should have sold my house and invested it all in energy stocks. After being a value investor for the longest time, I shifted to growth stocks. I invested in AI three years ago, before it became synonymous with AI and machine learning. AI is real, but the secret lies in finding the right companies. While the market may be frothy now, corrections might be on the horizon. However, I don’t have a crystal ball. As long as I understand what I’m invested in, I remain unfazed. Market rotations can happen anytime, especially for emerging markets and small caps.

[@rexfortichcagas1746]

@@THECRAZYCANUCKINVESTOR-od4gv I don’t base my investment decisions on macros. Nobody can predict the future. I look for companies with strong cash flows and growth potential. Once you’ve done your due diligence, buying stocks is straightforward. However, the real challenge is holding onto them when there’s panic in the market. Conviction and consistency can waver during tough times. When you find the right opportunity, swing for the fences. My biggest mistake was during the oil price crash when WTI went negative at -$20/bbl. I should have sold my house and invested it all in energy stocks. After being a value investor for the longest time, I shifted to growth stocks. I invested in AI three years ago, before it became synonymous with AI and machine learning. AI is real, but the secret lies in finding the right companies. While the market may be frothy now, corrections might be on the horizon. However, I don’t have a crystal ball. As long as I understand what I’m invested in, I remain unfazed. Market rotations can happen anytime, especially for emerging markets and small caps.

[@rexfortichcagas1746]

@@THECRAZYCANUCKINVESTOR-od4gv I don’t base my investment decisions on macros. Nobody can predict the future. I look for companies with strong cash flows and growth potential. Once you’ve done your due diligence, buying stocks is straightforward. However, the real challenge is holding onto them when there’s panic in the market. Conviction and consistency can waver during tough times. When you find the right opportunity, swing for the fences. My biggest mistake was during the oil price crash when WTI went negative at -$20/bbl. I should have sold my house and invested it all in energy stocks. After being a value investor for the longest time, I shifted to growth stocks. I invested in AI three years ago, before it became synonymous with AI and machine learning. AI is real, but the secret lies in finding the right companies. While the market may be frothy now, corrections might be on the horizon. However, I don’t have a crystal ball. As long as I understand what I’m invested in, I remain unfazed. Market rotations can happen anytime, especially for emerging markets and small caps.