My Stock Portfolio Unveil Videos Explained: Structure, Tracking, Strategy, Taxes

[@MortenLeeRai]

Thank you for your transparency and open sharing! Awesome

[@randalxu4889]

Thanks Adrian for sharing the structure of your portfolio template and your long term strategy! I totally borrowed your template 😄, and added NAV, Market CAP and Ex-Dividend date. Now, my favor activity over the week-end is to count my dividends and update my portfolio template. Now, making money in the stock market is easy thanks to you! 🙏

[@PassiveIncomeInvesting]

hehe good stuff Randal, thanks for me a loyal viewer my friend

[@Albmaro1]

Really useful video. I use Google Sheets (which is really similar to Excel) instead and I even use formulas that can auto update the stock price and NAV without having to manually update it all the time. There's a way to do that for the NAV price too.

[@dang1343]

When you said "non resident" I got somewhat saddened. You are Canadian true to heart; and, I'm sure many will agree. Thanks for all you've done in being open with your investments. Hope you both have a great Christmas!

[@PassiveIncomeInvesting]

dont worry, ill always be Canadian and hold Canadian investments. P.S. i am still a resident of Canada right now :)

[@grantwhebell7730]

Can you blame anyone with money leaving Canada. We are way over taxed and over regulated. Marxism is running rampant and the average Canadian doesn't give a damn !!

[@jucamvil]

Hi. How are you getting the annual dividend values? What I did was to change your formula and calculate it based on the yield I get from every etf, but yours is different because you calculate the yield, based on the Annual dividen

[@willkeen5010]

Your strategy is truly impressive and should be taught in school. I’m curious regarding income taxes on a portfolio that generates that much passive income. I’m getting to a point where I may need to turn of a few drips since I’m going to get to a point where I can’t afford the income tax owing since most is in a non reg account (tfsa maxed)? How do you afford the taxes on your crazy income. Well done!

[@PassiveIncomeInvesting]

Hi Will, I answer that questions at the end of the video. I have never paid any investment taxes thanks to RRSP contributions

[@vicmiklausic5415]

Thanks again Adrian. Love your frankness and openness with what you are doing and what you have. Sorry but do not do social media so these episodes are it. Keep it up and happy investing.

[@PassiveIncomeInvesting]

thanks Vic

[@joannapatterson4625]

Thanks for the deep dive! Very helpful

[@PassiveIncomeInvesting]

thank you joanna for being an avid and loyal viewer who "gets it"

[@joannapatterson4625]

@@PassiveIncomeInvesting you’re so welcome! Thank YOU for everything you do 🙂

[@Rocco1994]

Hi there, I’m a 28 y/o male who recently started investing in ETFs. I really like HDIV, HYLD, Canoe EIT, ZWB, ZWU, FIE. I just have a general question (as there is one looming around the corner) and that would be how do these do during bad market times? Ie: how does the dividend get paid? I am holding a certain amount of capital to DCA on these ETFs when that time comes, I just thought I’d ask if it’s something I should continue worrying about. Thank you so much for your time!

[@PassiveIncomeInvesting]

the market is 6+months ahead ... the recession is already here and i think it was already priced in. in short, its all speculation. long term mindset fixes all.

[@Rocco1994]

@@PassiveIncomeInvesting Thank you very much for getting back to my questions it means a lot! Whilst HYLD HDIF etc being a hedge against a recession however, the stock price obviously dips harder since its leveraged correct? But since we think long term once the market moves to the upside it becomes extremely beneficial if we had been buying the dip, i assume i would be correct in saying this as its pretty basic though. Thanks again :D

[@Khanatohbantahai]

Thanks for the Video Adrian , if you don't mind can you explain in details on the RRSP contribution and tax savings in cash account , how much we should contribute to RRSP in order to offset the taxes from dividends, capital gains n all from cash account, Thanks.

[@PassiveIncomeInvesting]

that completely depends on your tax situation: tax bracket, province, income etc

[@jucamvil]

And is it part of your strategy to become non-resident? Is there any benefit on it in your case?

[@zw3565]

Good stuff. I started using Google Sheets over Excel to track my stuff while I still update the charts on both I like my set up better on Sheets. I think you can do some of the things I do on Sheets in Excel but I like being able to have real time price update when I open the document as well as it pulls the dividend as it may get adjusted at some point in the year instead of having to type both in. To me it is very important to have spreadsheets when investing and over time you can really create some good ones for your needs either through trying different things or researching and watching videos seeing what others are doing.

[@vexedev]

Hey there, I'm using google sheets as well. I have the real time price pulled in via GOOGLEFINANCE function, but not the yield%, what did you use to get the yield%? Thanks

[@GMiXV]

Thank you Adrian I now have 200 shares of Hyld and will continue to accumulate!!!! Hoping to get my brother friends/coworkers to also invest so they too can have passive income! Let the money work for us ! Without doing any work! :) thanks again

[@PassiveIncomeInvesting]

good for you! enjoy that passive income and remember: haters gonna hate

[@duckbutter6679]

My Stocks Portfolio - MSP Support - 2.898 11 Amazon KFQUWI en_US I needed help

[@karl7039]

Excellent content as always 😊 so to offset capital gains and dividends income I just need to contribute to my RRSP that all?

[@PassiveIncomeInvesting]

Absolutely!

[@shjal1]

Hey Adrian how do you still use rrsps to offset taxes if you or Erica aren't working full time?

[@PassiveIncomeInvesting]

we are non resident for tax purposes. our situation is completely different now. Im planning a video soon on this and the implications of becoming a non resident. but i discuss some of it here: kzbin.info/www/bejne/jKa3nGOciNmcrLc

[@JuanaMeloUnicEducation]

Hello Adriano.. maybe is a silly question but I am struggling a bit to understand how did you get the annual dividend numbers for each security. Do you sum the total by yourself checking the distribution of the last 12 month or you find those number in the website of the fund manager ? Could you please enlighten me how do you get this , it will be very much appreciated 😊

[@PassiveIncomeInvesting]

most are set in stone. some vary so you can do an estimate. my source is always the funds website which have the history

[@tomzougas5451]

Hi Adrian - as always, very useful information. Can you expand on the tax offset you mentioned regarding your cash account and RSP, and how it works with the limits on annual RSP contribution limits?

[@PassiveIncomeInvesting]

sure! when you contribute to your TFSA you are offsetting any income that year. including salary income, interest income, capital gains income etc. this includes income generated by your cash account.

[@petermiessner9768]

@@PassiveIncomeInvesting adrian , did you mean to say RRSP for offsetting any income? You stated TFSA THX

[@chrisbroome8742]

I have been following your channel and investing for the last 2 months. Being a newbie, I'm wondering when the market returns to be bullish will you continue with the covered call strategy?

[@PassiveIncomeInvesting]

keep watching to find out :) i have a portfolio update video every month. those vids also have a dedicated playlist. update 20 will be out tonight Dec. 14th

[@chrisbroome8742]

@@PassiveIncomeInvesting Thanks for the video, with your strategy I'm currently earning $ 575 / month....not bad for a newbie... Thank you and your wife for all your help!

[@vexedev]

Hey Adrian, thanks for the awesome video! I just had a few questions: - Is the book price the average cost of a stock/etf across multiple buys? - For the dividend misses, is that manually written down or is there some sort of data pulled from somewhere? Do you just use a tool like Yahoo Finance or TD Market Research to see what dates they missed and write those down? Thanks!

[@PassiveIncomeInvesting]

yes that's the book price. its basically my acb. dividend misses are manually recorded and are only for certain split funds

[@kr1958]

I was wondering - when you convert your RRSP into RIF, would you transfer the shares out "in kind", or would you just withdraw the income - I'm kind of wondering about what the rules are because I know that you have to withdraw everything by a certain date (when you're 70 I think) and you have to withdraw a certain percentage every year I believe.

[@PassiveIncomeInvesting]

good question, i actually have not even thought about "withdrawing" in kind instead of cash. I assume its the same thing (takes at marginal tax rate) or at a universal rate of 25% for non residents (potentially less if the country you move to has a tax treaty with Canada). i would probably do cash, ill be old and want to spend my money! :)

[@ronbilton6240]

There is no official requirement to Withdraw everything, but instead the requirement is to roll-over the RRSP contents into a RIF account... and then the prescribed minimum % withdrawal rate kicks-in the year you turn 71., OR if you prefer you could cash it all in, avoid the conversion to a RIF by 71, and be hit with a probable high tax cost on the overall RRSP cash-out procedure.

[@marysha6565]

For tax offset information, I think we only can buy RRSP based on our previous year 18% of working income, not the investment income. Please clarify this information. Thank you

[@ggpp6252]

I think RRSP's can be bought from 18% of your last year's income or any unused portion of the RRSP. It is clearly stated on your CRA's Notice of Assessment on the last page where it states the RRSP deduction limit.

[@marysha6565]

@@ggpp6252 yes, CRA only calculates 18% of working income, investment income is not included

[@investinggrind]

Yeah man. This is my favorite video. I'm always looking forward for this. Thanks man. Oh yeah, is BMAX already paying dividends?

[@dang1343]

First dividend payout I believe was November.

[@investinggrind]

Thanks man. Annual dividend $1.20?

[@dang1343]

@@investinggrind Yes sir!

[@investinggrind]

Thank man 👍

[@PassiveIncomeInvesting]

yup

[@CanadianDividendInvesting]

Great video man, thanks for sharing!

[@frankinfante791]

Thank you Adrian for a great video

[@bedangtv]

thanks for the video, it was very helpful 👍

[@rogerbudgell4226]

Dec 15, HYLD Etf price just dropped to $12.00 .. dividend yield increased to a even 14% ...getting more tempting to add to it ? Hey , Adrian,that would improve your 11.19 % dividend yield on hyld 😊

[@PassiveIncomeInvesting]

it sure would! :)

[@pinglee5659]

Hi! I always enjoy your videos. One thing I don't understand is that In order to become a non resident. one has to close all bank accounts except rrsp and tfsa. But You still have your investment accounts ?

[@PassiveIncomeInvesting]

i did not declare non residency yet but you can keep your Canadian bank account, your TFSA and RRSP , i discuss this in my panama part 2 video

[@guttydozen]

video on pros/cons QYLD/XYLD/RYLD vs QYLG/XYLG/RYLG?

[@PassiveIncomeInvesting]

good topic!

[@jasonstupak4535]

Watched and liked, thanks Adriano!

[@gmarks1559]

Do you still think its a good idea to hold a Bitcoin ETF considering recent events?

[@PassiveIncomeInvesting]

hard question to answer! i would say think long term and ignore the noise.

[@jamess5666]

How would one set up a DRIP to maximize the dividend into re-investing into shares?

[@PassiveIncomeInvesting]

you need to contact your broker to set up the DRIP

[@fernandodoria8717]

Adriano, Merry Christmas!, Buon Natale!

[@PassiveIncomeInvesting]

same to you my friend :)

[@Saahib_K]

Adrian as non-resident is it true you cannot contribute to your tfsa anymore?

[@PassiveIncomeInvesting]

its true. not there yet but ill get there soon. i talk about all this here kzbin.info/www/bejne/jKa3nGOciNmcrLc

[@rakeenlewis]

The best

[@BobBob-zo8om]

you will invest in BMAX soon?

[@PassiveIncomeInvesting]

:)

[@tessiechanp]

Can you still contribute to your TFSA? When a Canadian taxpaying resident becomes a non-resident by moving to another country, any contribution made by the taxpayer as a non-resident will be subject to a 1% per month tax on these contributions.

[@PassiveIncomeInvesting]

once you become non resident you can no longer contribute to your TFSA. the income continues to be tax free however. but if you move to a country that has a universal tax system like the U.S. you will have to declare and pay taxes on the income generated by your TFSA.

[@Rentcollector]

Do you need to report your tfsa income or your cash account earnings living in panama for tax purposes?

[@SuperKamiNeko]

Is this a new camera? You look sharper!

[@PassiveIncomeInvesting]

really? same camera . i guess the background lighting