My Grandparents' Investments Unveiled! EASY $5,100/Month Passive Income

[@efullname]

Appreciate the generosity in sharing to non members. Thanks! I own most of those mentioned ETFs.

[@dwaynecunningham2164]

DUDE!!!!!!! AWESOME VIDEO!!!!! I'm going through this right now with my parents!! THANK YOU!!!

[@PassiveIncomeInvesting]

Glad I could help!

[@alro8345]

Thank you Adriano for sharing, nice & simple, great financial plan for your grandparents, they are so lucky to have you & they deserve that 🙏👍👏

[@Kai-p2g]

I have savings of $1,000,000 and I'm ready for retirement, only concerned about the soaring inflation. Is this enough to retire comfortably, or do I need some sort of money management?

[@MelindaArmstrong-s2y]

I believe the average life expectancy in the US is around 77.5 years, but many individuals live into their 80s. Therefore, $1 million needs to cover all those years as well as any unexpected expenses. While $1 million is a solid beginning, I recommend seeking financial advice just to be safe.

[@Karenowen-f9j]

I’m quite lucky exposed to personal finance at early age, started job 19, purchased first home 28. Going forward, got laid-off at 36 just after covid-outbreak, and at once hired an advisor with grit to help stay afloat. As of today, my portfolio has yielded over 300%, summing up $836k. Stay motivated friends

[@Kai-p2g]

@@Karenowen-f9j this is huge! your advsor must be grade A, mind sharing more info pleas? in dire need of proper asset allocation

[@Karenowen-f9j]

Her name is. ‘JENNIFER LEA JENSON’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@valveman12]

Wow Adrian! You have done an awesome job on your grandparents portfolio. Thank you for sharing...

[@catherinedesilets8960]

Thanks Adriano! Your parents are lucky to have you lead them through this 🙌🏼

[@ScubaSteveCanada]

Grandparents.

[@terrycretney1094]

Great video. We are grandparents too and hold all of the ETFs that your grandparents have plus a few more. Gradually getting rid of GICs as they mature and going to put some in SPLT in our Cash account and in PAYS in our RRIF. PAYS is a little different but I consider it very safe and yields a little more than SPLT. Not sure if anyone agrees with me about PAYS or not.

[@PassiveIncomeInvesting]

does not matter if they agree. the fact you are ditching those nonsense GICs and investing on your own means you already won.

[@joyexplores]

This is amazing! This is definitely goals!

[@TheProjectOverload]

Very nice, straight forward and concise video - Thanks for sharing Adriano. Glad to see these "real world examples" of Passive Income that works. 👍

[@mastertrader3491]

Good day Adrian - could you please post the link to one of your videos that explains the ROC and the link to that Canadian tax brackets - thanks sir

[@PassiveIncomeInvesting]

search my channel (use the search button) for "roc" and you will easily find them

[@TonyMontanaDS]

I'm hopping to retire in 2 years at 46 thanks to your videos, when I anticipate I'll be at 5k a month. However I've been investing in my RRSP because my TFSA is maxed out. I plan to use the TFSA dividends to pay the bills (around $1000 a month) and leave the RRSP on drip. Would there be a need for a normal investment account instead of taking dividends out of the TFSA?

[@sabinusbrutus5160]

Nice video. Thanks for your time sharing your experiences. A question I have. I see a lot of shares in HYLD. Is still safe to have it when the payout ratio is more than 200%. Cheers

[@PassiveIncomeInvesting]

the payout ratio is NOT 200% i dont know where you got that figure. understand the fund and you would instantly know that's nonsense. its like reading "the earth is flat" on the internet

[@JohnTaylor-zq5zv]

Hi Adrian, Great video, I think the members enjoy examples the most...On another note, the market has gone straight up the last 1.5-2 years. Normally the market goes down 40% of the time, in the last 2 yrs this has not happened.... Have you thought of any hedges to protect the CC ETF approach for the eventual bear market? Please don't take this the wrong way, it is smart to look at risk mitigation strategies...thanks, John

[@jumbothompson]

I've been trying to convince my mom to do this. She has a good retirement and GIC"s but she's still reluctant to invest in the market.

[@PassiveIncomeInvesting]

GICs???!!! EWWWWWW why? whyyyyyyy

[@Mumpguy]

If the tfsa is on drip and you aren’t extracting the dividends, why not a growth fund like vfv instead of hyld?

[@PassiveIncomeInvesting]

because we like income better

[@Mumpguy]

You aren’t using it for income though, since it’s on drip. Returns from a growth etf would have much higher returns.

[@fabroge1]

Thank you very much for sharing. May I ask, does your grandparents no longer have RRSP or RIF?

[@martinhebert1774]

In Canada you can no longer contribute to. Rrsp as of 65 th year any you must extract from rrsp every year on 66th year and follow the diagram of percentages

[@fabroge1]

@@martinhebert1774 Thank you for your reply.

[@juniortj9428]

Respect ❤

[@mikelaba6734]

Everyone missed Star Craft Tab in video. Great video game and been playing now on Battlenet once a year Starcraft 1 and 2 as a tribute to the collection. Zerg are like ETF dividends rolling in spreading...lol

[@VllKlNG]

Zerg were my favorite!

[@PassiveIncomeInvesting]

good catch. used to play a looong time ago. now i watch pros play. its been my recent pass-time to relax

[@mikelaba6734]

Can buy on Batlenet as most computers today don't have CD/DVD players. I play every year on Boxing Day as a tradition. Ditto if I need to relax I still play time to time. Trick is building multi locations so build up faster. I watched pros just absolutely amazing. Actually pro teams one of my customer spends hours a week practicing.

[@Siva3rdeye]

@Adriano: I do have a half mil on Self direct RIF and I am 57, but bank allows me withdraw only 32k year. I have spoke to the bank, but no luck. Please advise how do I withdraw more?

[@PassiveIncomeInvesting]

are you sure its a RIF and not a LIF?

[@Siva3rdeye]

@@PassiveIncomeInvesting RIF

[@Whitetiger127]

Thanks for the share Adriano. I know you preach transparency with your videos...may I ask why the yield and investment amount is hidden for HYLD? I hope I am not offending you by asking

[@PassiveIncomeInvesting]

because its on DRIP, so i don't track the ACB so i don't know what the yield it. My estimate is about 12.5

[@davidrupert5285]

I just found your channel. I really enjoy it. How does someone in the US invest in these Canadian ETF's?

[@PassiveIncomeInvesting]

your broker needs to allow it but i dont see the point. the u.s. is the best market in the world

[@tonynes3577]

Could you please name the equivalent funds in the US stock market? I have a smaller cash account. Would that be QQQY, JEPY, JEPI? I'm still working in the US but a dual citizen. But doubtful I will move back to Canada. And I decided to sell these until the end of October when the market should be less volatile. Anyway I will look at your portfolios again. Thanks!

[@PassiveIncomeInvesting]

hi Tony, there are similar funds with similar strats based on the same indexes but there are dozens now and new ones every week....i cover them in my monthly income landscape update series (U.S. episode)

[@roberttaylor3594]

Nice video! If I was making 5K a month I just might retire now! I like that SPLT...maybe I'll move over from CASH...

[@PassiveIncomeInvesting]

do it quickly

[@davids2009]

you guys moved to panama for a water view, montreal has so much of it these days, your missing out! :)

[@PassiveIncomeInvesting]

lol so i heard.

[@mastertrader3491]

Any return over 20% annually is phenomenal indeed

[@photoMorg]

SPLT is great rock solid I hold lots of $ in it to park cash for my use early next year and the tax man

[@richardleger4537]

What do you think of FFN,Pr instead of SPLT for cash parking. With a 9% yield?

[@martinhebert1774]

Love what you did for your grandparents, but if I may, why would you concentrate more of their funds with products with high ROC example ENCL,UMAX,HMAX AND BANK IN non registered , to avoid paying any or least amount possible.

[@ScubaSteveCanada]

If an ETF has more than one stock ... it's diversified.

[@PassiveIncomeInvesting]

not exactly....

[@mikel4035]

You should try Snowball Analytics much better than Passive

[@shesallaboutthebusiness316]

What about your parents portfolio

[@PassiveIncomeInvesting]

kzbin.info/www/bejne/l6mzf2mFgstjgtk

[@quentindsouza]

Your grandparents must talk about you all the time to their friends. I'm sure they are proud of what their grandson is doing for them.

[@PassiveIncomeInvesting]

that generation never talks about money lol

[@vanlaventure7612]

Another great video! Been a fan and watching for years now. Purchased your spreadsheet and updates and can't wait for the latest. I'd like to schedule a call and have your thoughts on structuring a US portfolio. What's the simplest way to do the? Jumping on you website now.

[@PassiveIncomeInvesting]

book anytime, details on my website

[@randalxu4889]

Thanks Adrian for sharing your parent's Cash/TFSA portfolio! Must say it can't get more simpler than that. Definitely something I want for my own portfolio, when I retire of course. I can just take the money out and live off the dividend, and do not have to worry about a thing!

[@ScubaSteveCanada]

Ummm ... take the money out? If you do that, you no longer get the dividends. Leave the investment alone and collect the dividends.

[@randalxu4889]

@@ScubaSteveCanada ， I meant I can just spend the dividend. 😄 Of course I am not going to sell

[@PassiveIncomeInvesting]

sleep well my friend.