Passive Income Investing | BEST Covered Call ETFs, High Dividends, and More In Canada!

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Today I chatted with Adriano from the Passive Income Investing channel. Had a blast learning about his insights into the covered call landscape scene in 2023. I highly encourage you guys to check out his membership -
/ @passiveincomeinvesting
Purpose Yield Shares w/Portfolio Manager Q&A
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Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.

[@beaviswealth]

Join The Investing Academy 🇨🇦 ➤ bit.ly/theinvestingacademy

[@abha801]

Bro I can see you went to New Delhi :). BTW Love you both thanks for this tons of Gratitude.

[@riptarioughosh9932]

Yess

[@northshorehighlanders6167]

I think Adrian is at his best when he's BEING interviewed. This was a good one. I'm watching it multiple times.

[@PassiveIncomeInvesting]

Always a pleasure coming back to the channel to discuss High Yield Strategies and the Income Investing Landscape!

I rarely comment on videos, but I wanted to say: I appreciate your wisdom, and have actually avoided Blossom and financial YT for a while because I am exhausted reading at all the criticism going your way. You always mention it's your thing and how you like having income now (like, nothing could be clearer) and people still come at you talking about total return in however many decades. I am glad you are managing to not get bogged down by it, but as a "consumer of knowledge" I find it super annoying because I just want to learn. And I am not even fully PII. I have "only" 15% of my portfolio in CCs, lol.

[@MegsCarpentry-lovedogs]

This was a really important presentation. Mention of how Marc did a really good job at explaining, at the money and on the money. Your channel, Brandon....and Marc 👍😊, brings to the table multiple considerations when it comes to investing. Adriano did well to narrow down two aspects to master when it comes to Pii. It really is Xmas out there for us Pii investors. The markets are primed for Pii investing. Personally speaking I have been able to relax and enjoy life, doing the projects and activities I love, without worry about what the markets are doing....Long live those dividends! If you want more dividends, put how ever many of your investment vehicles on the DRIP and let things ride! Thank you for thinking to put this together. Atlantic Canada chiming in. ☺🇨🇦

[@PassiveIncomeInvesting]

awesome!

[@MegsCarpentry-lovedogs]

@@PassiveIncomeInvesting Indeed, Awesome. Keep up the good work Adriano. We are all evolving as we go. ☺🇨🇦

[@MountainFinance]

Always love a good collaboration 🙂

[@sanilsarang8643]

I am over 40 but learnt a lot today

[@sadeeblu]

The Concern with CC is Return of Capital. I like CC investments as a portion of your portfolio, perhaps 15%, akin to Bonds. I get concerned when you see CC advertising returns of 10% plus. You look at the long term graph of these CC and they are always a slow steady downward trend. Not sure how that is a good investment. Cheers

[@Lylestyle-DIY]

You guys need to do a new updated video together on the same topic !! This vid was pretty cool though 😎🥓😎

[@jenniferrakonjac3942]

My 2 favorite canadian channels. 😊

[@robertt9342]

Total returns is great when you retire, but I am leaning toward a mix of Pii and capital growth. I wouldn’t mind additional income which might help me with capital growth in the long term.

[@faithahora]

Passive income investing is Adriano Starnieri's KZbin channel right?

[@mugsymcmullen3622]

A live stream would be fantastic!

[@0001www]

Adriano, lets go

[@RyH10]

Thanks Brandon! He seems like a good and smart guy.

[@jankay8569]

Is this Adriano's wife?

[@Kris-vt8et]

NICE!

[@torontoBluejays87]

I think Brandon’s way of investing, while being more volatile and requiring time for research, is the best overall in the long term. ETF all-in-one INDEX investing is the best for the average Joe and arguably most people for long term. No offence to Adrian, but his style really lags far behind (CC) both good stock picking like Brandon and pure indexes for average people in the long term. Even with dividends reinvest, the overall indexes like the SP 500 will dominate the overall returns of any CC all in one over 20+ years.

What he wants is to pay his bills now, and not to worry about 20 years from now. It's disheartening that they spent a whole video explaining the individuality of their choices, and then people show up and still manage to criticize him. His style "lags behind" (in your opinion) because you have a long term horizon and look at 20 years from now. He doesn't. So, evidently, his strategy does lag behind for your specific goals. His strategy works perfectly for what he wants, though.

[@bentobox7788]

​@ The guy is in his late 30's. Probably has another 40 years left. Why would he not worry about 20 years from now? CC is a way to aggressively borrow from the future to spend today. That alone is a legitimate concern, and it's compounded by the prospect of a lower future return. And, we haven't talked about inflation yet.​

@@bentobox7788 he explained that already. Maybe rewatch the video. Right now though ppl are transferring their own investing values on to him and criticizing him for not sharing them. It's nuts. We all have different goals. If he manages to fulfill his and share knowledge on top of that, he should be praised, not put down all the time.

[@bentobox7788]

Which point did he address exactly? You have to be more specific. And, did I transfer my values to him? Nothing I said is my opinion. He still has to pay bills 20 years from now, is that inaccurate? CC transfers future incomes to today. That's also a fact. Same for inflation.

[@noahcash]

Just invest in the S&P don’t get cute

[@pinkhairblackman8141]

brandon's got to stop swearing, or else his daughters going to grow up with a potty mouth

[@paulpoco22]

@brandonbevisinvesting used your WealthSimple link to open a trade non-registered account. Need to transfer a Computershare account's stock to WealthSimple in September.

[@basseon]

When I transfer a RRSP from RBC to Wealthsimple it was so easy and took only a few days. I even made a mistake at first, and they cancelled what I did over a two minutes text chat. Wealthsimple has become my main bank for 3 years now. Their Cash account is great, even better if you deposit your paycheck in it (you get 3% interest calculated daily).

[@ryanm7171]

I would love video where Ben Felix and or Mike Heroux argued the other side of covered call etfs. Both sides claim that there system is better for total return.

[@roberttaylor3594]

financial nirvana mama doesn't have much good to say about covered calls recently.

[@PassiveIncomeInvesting]

well its very easy to do so if you just look at the total returns but ignore all the other benefits which I know are extremely valuable

[@stephenm9999]

In the accumulation stage CC should be avoided. It is just simple. Basic math.

[@paulpoco22]

A video about how much capital you would have left after 10 years?

[@Kris-vt8et]

There's some out there that either haven't dropped capital or have only slightly over a long stretch. Obviously there are bad ones out there but you are being ignorant.

[@PassiveIncomeInvesting]

after 10 years, I would have made all my capital back in passive income and then some. its simple math. Nobody can know how much the capital will be worth, same as a growth or dividend growth investor. so this video suggestion is impossible , and if anybody attempts it, its just hearsay

[@TheMally85]

Probably more than someone using the 4% rule

[@ATELIERFABRICA]

Take look at CC ETF’s like USCC & HTA 😉

[@CoveredCallETFInvesting]

Adriano with the fountain of wisdom segment on psychology. Nailed it! Not everyone is after absolute total return, peace of mind knowing how their strategy works and what kind of cash flow they can expect each month makes for anxiety free sleeps at night.

[@robertsmith6408]

I am very pleased with my steady eddies, ETF, GOF, PDI, SPYI and JEPQ. Steady payments for years and they pay my mortgage each month so i am mortgage free. The Yieldmax and Defiant funds take more work. FEPI and YMAX could also be considered a steady eddie so far!

[@allisonparker6302]

That was so good. You should do one with Robin Haney or Mountain FInance.

[@Rob-ob3sh]

Just watched and enjoyed. Question I have is with all the covered call ETF options that also offer leverage can get you 12 to 15% yield worries me about what will happen to the split share funds ? Will they slowly go away and they have expiration dates which may not be extended. What are your thoughts on the future of split share funds ? Thanks

[@PassiveIncomeInvesting]

split share funds (class a shares) are essentially like leveraged covered call ETFs , but in a closed end fund structure. the "expiration date" is a non worry. i discuss it several times in Q&As with Split Fund managers like Middlefield and Brompton. I even have a "Split Share Funds" Playlist on my channel, I suggest you check some of those videos out!, especially the Q&As as these are the people managing these funds

[@Rob-ob3sh]

@@PassiveIncomeInvesting Thanks Adrian for your reply.

[@acdatz6222]

For me it's all about the realized gains.

[@Tom-e2v]

Man I really enjoy your channel, but I unsubscribed because of how much you guys push this type of irresponsible investment. It really seems like you guys are getting paid by these providers and not disclosing it.

[@sergiogomez8582]

Can you enlight us about what is a responsible investment?

[@northshorehighlanders6167]

Did you miss the part about personal preference?

[@caitlincaitlin4703]

there's no reason why not to hybrid your portfolio to satisfy your hunger for growth or dividends. mix it up a bit.

[@ar6888]

Hey, my two favourite Canadian investor channels!

[@momo35444]

omg wow, such a great video!!! i cant wait to meet you both!!! this was an amazing colab and great knowledge to hold for years to come. thank you so much Brandon for making this possible for all of us. you were there for us during covid and before, and your advice has kept us sane!! Thank You.

[@patrickbelanger6253]

Can't wait to see you both at the Montreal event.

[@paulpoco22]

With Pii you don't need to sell your investments if you need an income. Probably better than taking a set amount and dividing the nimber of months of income you need. I.e. one need monthly income from age 55 to 65.

[@bentobox7788]

You're effectively selling the shares whenever the option is called. The premium received isn't enough to buy back the number of shares you had before.

[@northshorehighlanders6167]

@@bentobox7788 You have to also add in the amount for the sold shares.

[@autonestegg4195]

Do you not just have a discord for the $3/mo? Im happy to try now and dont need to be sold anything!

[@paulpoco22]

I guess TELUS going down will affect UMAX etf. TELUS International went down 30% the 1st day they announce new guidance on income due to tech companies not needing their services after all the tech layoffs. I think 10% of the income for the parent company TELUS is from TI.

[@SuperKamiNeko]

@passiveincomeinvesting, What are the nice restaurants you miss in Montréal?

[@gimusk5667]

I love covered calls, even if Rational Reminder tells me otherwise haha

[@MStar10]

RR are soo biased and anti living off dividends. I can't stand that one sided view.

[@welditful]

I use the income model as actual growth. Easy 10-15% gain without batting an eye lash.

[@bentobox7788]

Covered calls win all the arguments. If CC trails a bull market, that's how CC works. If CC tails a bear market, that's how leverage works. If NAV is eroding, forget that and focus on income. If income is cut, that's a very prudent management move to protect the NAV.

[@charliemorris9452]

What do thing of CIBC`s hedged Apple and Microsoft stocks?

[@Yves-321]

Hopefully you guys can do a trip to ottawa soon

[@evadeanu1]

Great info

[@Carol8693]

What a greati video idea 😃. Loved it ! ✅

[@seanstours3913]

I feel like all the other investing youtube channels hosts and blossom developers are all trolling or are against Adriano and his monthly passive income investing strategy. Just seems they are trying to prove his strategy is completely wrong….I support Adrianos monthly yield etfs far more then any other boring growth etfs, i prefer this strategy far more and is much more preferred for my lifestyle.

[@ToddClattenburg]

This was a waste of time for me. I think your audience would be well served by defining terms before you use them. (Like "covered call" for example).

[@northshorehighlanders6167]

I'll take the opposite view. There are LOTS of videos/explanations of covered calls. We don't need another. The step deeper into moneyness, leverage used, percent of portfolio in options and personal/psychological preferences made this video very useful.

[@MStar10]

Have you heard of Google?

[@Shirley-v3g]

((( Yes ))) Adrian - I agree - (drip) strategy - but this has a massive effect on the cover callls 😂 - I then feed my favourite dividend individual stocks

[@Ur_clickbait_is_trash]

Lol😂