Recession Coming? 8 Points to Remember + 5 Things to Do as a Passive Income Investor

[@roberttaylor3594]

'buying opportunity' for companies that can weather higher interest rates and a slow economy...I kinda like Smart Centers these days. banks. health care. I'm down about 12%.

[@JamesBrown-ug2tm]

Banks actually are a downside when rates go up. Less investment = less rev. The low rates was a huge revenue boost, as you can see it in the ER'S. Plus the federal government passed a slight tax increase on cnd banks. I'm buying the dip.

[@MegsCarpentry-lovedogs]

Adriano PERFECT my friend. The timing of this topic is impeccable! The subjects listed are logical, common sense and an important reminder of why we are passive investors in the first place. The reassurance is necessary to hear from you around this time. Really nice of you to mention and use examples when explaining about dollar cost averaging, and mentioning 19 market pullbacks and that this is OK and to hang in there. I really enjoy listening to video's. Thanks so much from Atlantic Canada!👍🇨🇦

[@greendraggun]

I can't remember if I heard Warren Buffet say it, or if it was Peter Lynch, or if I read it in the book "the intelligent investor" but, I've learned to call it a "correction" not a recession. Our government started printing money increasing the money supply to pay for things like vaccines, and CERB and 'donations' to Ukraine etc. causing inflation. The Bank of Canada has just raised interest rates to help retract the money supply and correct inflation. Happens all the time. "the market always corrects"

[@damiharr]

Milton Friedman - “Inflation is alway and everywhere a monetary phenomena…”

[@deathreaper4166]

How does a less than 2% interest rate correct 9%+ inflation ? 💀

[@greendraggun]

@@deathreaper4166 I said it helps. And I assume it doessn't happen overnight. And, I assume they will raise rates again.

[@JamesBrown-ug2tm]

Not to mention high government spending with no end in sight. Lol.

[@greendraggun]

@@JamesBrown-ug2tm The way the conservatives roast JustInflation about it, it might at least slow if they go into power.

[@123456840]

Great video as always,! Plus I really like these Q&A's with the fund managers, it definitely adds depth to the channel. Since I am new to income investing ,I am sticking with Canoe EIT, HDIF,HDIV and HYLD and reinvesting the dividends received into them,as well as the ones coming from my commom stocks. Still keeping RS,ENS and GDV on my radar.as they are lower risk split share funds as far as I understand

[@kniknayme9865]

I worked in the "biz" for over 30 yrs. There is a quote from the Wolf of Wall Street. “Nobody knows if a stock’s going up, down or f*ck*ng sideways, least of all stockbrokers. But we have to pretend we know.” - Mark Hanna. This is so true. Invested during a few corrections. The best "method" is like Adrian says stick with the blues they always bounce back. Or you could panic sell and let me pick up a few good deals!

[@PassiveIncomeInvesting]

Lol 😂

[@johnmorgan8036]

Hi Adrian, congratulations! Your videos are always interesting and informative! This video was particularly well done! Well organized, well researched, and clearly presented. Many thanks! FYI - your fund manager videos really set you apart from many of the other investing content creators. Please keep them coming. They really add to the credibility of your content.

[@PassiveIncomeInvesting]

Thanks buddy !

[@Nemo-yn1sp]

I really appreciate your encouraging, informative videos. You echo what I say to myself though with less conviction because I'm still very new to this and not as confident as I hope to grow to be. I keep learning. I also don't hold cash, just enough to pay the bills and I use other people's free money whenever possible to pay those bills (credit cards with cash back, never pay interest). I've cut off dozens of channels in the last year, but especially the screaming negative ones of late. I don't need that worry and I do love the red days for the opportunities. THANK YOU!

[@randalxu4889]

Nice video Adrian! I have to say that at least your message has always been consistent: stay passive and stay invested. Unlike some other KZbin channels that change according to market conditions. This just confirms that most people do not know what they are talking about. Keep up the good work!

[@PassiveIncomeInvesting]

thanks Randal!

[@christophdenner8878]

Thank you very much for your reasonable words, pointing out the chances of the current situation! I learned a lot from you and you helped me diversify more into the Canadian stock market and CEFs. Please keep up the good work!

[@saustinredsox]

Hi Adriano, one MAJOR BENEFIT to your channel for US retired investors is a tax harvest strategy where we can take a loss i.e. qyld and then buy svol. Only need to do with this on 2% of portfolio but this is huge for us for the next few years. So we are still buying fixed income too!

[@PassiveIncomeInvesting]

yes , you can TAX harvest no problem in a cash account. that's a big advantage to non registered accounts

[@christinejodoin7574]

Great video! This made me feel better, like a weight off my shoulders. Calm, reasonable and positive message. Thank you so much for this. I also recently joined your Facebook group and am learning from the group as well 😀

[@PassiveIncomeInvesting]

Perfect ! 😉

[@angelinachow1011]

Very timely advice for new investors and great reminder for seasoned investors alike. Thank you Adrian!

[@gooni]

Awesome video as usual. Love your channel, please keep it up. I'll speak for everyone when i say we really appreciate the effort you put into all your vids.

[@ViviCas77]

Great video as usual Adrian!

[@basseon]

See, I don't have tons of money, and I keep a 10k of emergency cash in common fund of hisa giving out 4% without fees, and another 5k in cash ETFs (and the new CBIL of 1-3 T-Bonds Can) giving between 4 and 5% with a 0.15% MER. I need that emergency fund, and I don't to invest all my money at once. Maybe I'm gonna think differently if interest rates go back to near 0%. I pay income tax just once a year so I have to put that amount aside.

[@tonytraniello4645]

Adriano, great video as usual. Thank you

[@zampej963]

Thanks Man ..

[@efullname]

Covered call on ETHY and BTCY maintains income this July, I think I made a great decision 30% in these ETFs, we'll see.

[@PassiveIncomeInvesting]

30%! Fortune favours the Brave!

[@MegsCarpentry-lovedogs]

Last month I looked into your suggestions and had on a chart about high Unit Navs, like GDV, ENS, and RS. I nibbled a bit on each. Well, recently received the income from them, including HDIV. With Spb added because I could not find a split corp or etf that had spb, a total of $1000 dollars extra per month rolled in! I plan on nibbling a bit more this month as well, and to by before the ex divvy dates so to get the payout the following month. It feels fantastic seeing that extra income roll in! Partial positions are a good thing at the moment. Something you referred to as dollar cost averaging by investing every month or so. I am hoping the prices will keep going down even more! Great topic and really important to discuss especially around these down market times. Keep up the great work and thoughtful presentation Adriano! Cheers, from East Canada!

[@MrWordsofwisdom]

Adriano, thx for sharing. Very informative. how do you define long term ? 3, 5, 10, 15, 20yrs ?

[@PassiveIncomeInvesting]

forever :)

[@oliverwidmer77]

Danke!

[@patrickbramhill3434]

Thanks man , for the motivation and focus.

[@alejandrorisso7093]

Merci pour tes vidéos et pour ton travail Adrian, c'est très aidant!!

[@superchief9289]

C'est rassurant de t'écouter dans cette période, bon travail 👍

[@PassiveIncomeInvesting]

merci!

[@pierrickleroy7056]

so would that be a good idea to trade all my growth ETFs (VFV, HXQ, HXT) with dividends ETF (like HYLD you discussed already, even ETHY/BITY look amazing) now? and to keep buying growth ETFs (VFV, HXQ...) while they are dropping in value? Thank you for all your great content!

[@JamesBrown-ug2tm]

You missed selling growth by like 8months.

[@Ghoster786]

Do ETFs ever crash and close? New at this so wondering how often newer fund end up folding for whatever reason

[@PassiveIncomeInvesting]

ETFs are just placeholders, what you need to focus on is what is inside the ETF

[@maryv9822]

Hi Adriano. Great video!! I have money invested in ZWC, ZWG and ZWU all three have lost money over the past few months. Do I assume that these will bounce back as the market recovers? Trying my best to stay passive and stay invested.

[@PassiveIncomeInvesting]

Did you sell them ? No ? So you haven’t lost anything . Stay passive . You can’t assume anything or predict anything

[@maryv9822]

@@PassiveIncomeInvesting Thanks Adriano👌

[@gengydagenais3284]

Good video! Woukd you be able to review the qyld and xyld actual option they sell. I saw on the last few months the option they sold lost a significant amount, and also don't see it on the cash position when they do sell the option. Do they have a fund to cover these options they sell wether they make or loss money on the options. In one month the option got over large amount if they had to buy it at the time. I am looking at the mechanics of these funds, and where the cash goes every month.

[@PassiveIncomeInvesting]

They sell an index option . It s a bit different that options on single companies . And yes they have the cash required in case it gets called . The monthly income can vary based on many factors , you cannot say “ it goes down or up”

[@gengydagenais3284]

@@PassiveIncomeInvesting Adrian, if you look at their holdings for qyld, the last item is the option they sold but you don't see the cash they took in should be listed in their holdings. You can compare the option during the month, last month at a point the option was $200M more then the options sold. How do they cover that since they have to buy it before expiration. I trade options everyday, so this is a mystery to me!

[@PassiveIncomeInvesting]

I don’t know the intricacies of that . You probably know more than I do if you did options yourself . I would try emailing them ! 👍 let me know

[@gengydagenais3284]

@@PassiveIncomeInvesting I will write a google sheet for you to follow along next month, you will see the action of the sold call during the month and the effects on the ETF, on the way up its a real limiting force against the stock gains in the portfolio, thats why QYLD is not moving that much compare NDX . The mechanical part is the issue for them. Others like Hdiv plan the process which is much better solution, so does Jepi and many of the funds you follow. BTW we live in Toronto, Love your Panama idea!!! Keep up the good work

[@itissrinivasan]

So basic. So important!

[@Angela-mc3nq]

Great video! Thanks 😊

[@theroadlesstraveller1296]

Are you able to escape Canadian taxes living in Panama? Any suggestions for nonresidents investing in Canada?

[@PassiveIncomeInvesting]

yes and no, video to come on this. you cannot escape taxes on income in a non registered account no mater what

[@SHHHMotoTravels]

Well done and timing is great. Thanks

[@smallmj2886]

I feel like some of your more recent recommendations have strayed from point #4 and don't have the solid blue chip holdings. Stuff like RIV and ORC don't have the solid foundation of an HDIV or even DFN.

[@Got2Learn]

Greta video, thanks and let's keep investing!!

[@PassiveIncomeInvesting]

Always!

[@alexeiaaa440]

I would add one more point

[@ed-lyne4082]

Perfect timing for this video, Adriano! Inflation is going crazy in Canada & Us. How is it going in Panama? I heard that there are manifestations going on? Anyway big thanks.

[@PassiveIncomeInvesting]

Yeah... but not near us and no impact whatsoever yet.Its typical in this country :)

[@EverywhereIsHere]

How much do u keep in cash? Living cost plus some extra?

[@PassiveIncomeInvesting]

I said how much in the video

[@Lali_la_chinita]

Merci pour tes videos ils sont tous excellents

[@PassiveIncomeInvesting]

bienvenue :)

[@substanceo9335]

What about a depression Adrian? What are the chances of that happening ?

[@PassiveIncomeInvesting]

no clue buddy! that's also a mathematical indicator... stay Passive

[@Fearless5aabi]

What are your thoughts on how strong canoe eit would be during these "hard times"?

[@-Nab-]

Great advice Adrian, Few understand this

[@PassiveIncomeInvesting]

Glad it was helpful!

[@eliotness107]

This recession is the same one as 2020 one but they kicked the can down the road with stimulus. They should have just let it happend when it was supposed to happend

[@JamesBrown-ug2tm]

2018

[@peteclarke]

If you had 250k to invest today what would you buy?

[@PassiveIncomeInvesting]

canada: kzbin.info/www/bejne/fZy4e4N9brusjM0 - u.s.: kzbin.info/www/bejne/bqDQXol9aN9lqq8

[@efullname]

25% DFN 25% HYLD 15% DGS 15% BTCY 15% ETHY - use total income/m to buy other PII stocks

[@peteclarke]

@@PassiveIncomeInvesting wow thank you brother I appreciate this...liquidating real estate and looking to take advantage of this down market

[@CanadianDividendInvesting]

Great points man, thanks for sharing!

[@michaeltiefenbach7206]

Gains are a fantasy too unless you sell

[@PassiveIncomeInvesting]

Yup . This is why I don’t sell and say I don’t care about stock prices

[@michaeltiefenbach7206]

@@PassiveIncomeInvesting do you think, even 50 years from now you wouldn't sell?

[@mariobattista9664]

Another great video, keep them coming.

[@bananahead44]

audio has been bad on last few videos. just saying..

[@nethostinc.1670]

Your strategy does not support principle preservation, in fact the principle erodes over time.

[@ericav4202]

disagree, if you factor in the monthly distributions. Do the calculations.

[@joannapatterson4625]

Depends on what you invest in and you’ve got to factor in the dividends as well. Growth stocks are beaten down right now so collecting monthly income is a win.

[@MrChepburn]

Nonsense! That is an extremely short term view - the strategy is long term. With most of these funds you would earn back the principal amount in dividends alone in 7 years or less. A theoretical loss of 20% on paper is not "erosion of capital" when the whole market is down at least 20%! When the market bounces back in time your capital will go back even higher if you have been investing regularly and reinvesting your dividends because your costs have been averaging down.

[@sidb9540]

Like every one said, dollar cost average these ETFs and Split funds now and reap the dividends they offer! Stay in the game for 10 years .. it'll more than make up your initial principle!

[@PassiveIncomeInvesting]

Did you factor in the income? Did you look at the annual compound returns?

[@Whatisthisstupidfinghandle]

10:49 don’t agree. Me personally I’ll sleep better once I know we are recovering. If I put a bunch of money in and we take another 15% drop I’m gonna be unhappy and not sleeping. I’d rather miss a little and sleep better. We are also non strange days. If Ukraine retakes Crimea and Putin nukes it which he is threatening to do I’d rather be in cash. Seriously guys. We haven’t been here since the Cuban missile crisis of 1962. If this happens you could get wiped out. The panic will be more than you can imagine. I’m out until the war in Ukraine ends. Ps. I follow the war daily from local sources hours every day. You probably don’t. I’ve been there. You probably haven’t.

[@williammcduff6531]

Noname, yeah and the world could end tomorrow so what do you recommend hiding under the bed?

[@sidb9540]

you know there's an old saying amongst traders... Whenever these things happen you BUY MORE... reason being, if it turns out true...well.. we're dead anyways... if it turns out false, the market shoots straight up!

[@Whatisthisstupidfinghandle]

@@williammcduff6531 just pointing out that we are in an incredibly unusual situation. Normal rules don’t apply. Do whatever you want

[@ricknash3055]

No one has a crystal ball. Listening to the latest Sam Harris Making Sense podcast titled 'The End of Global Order' with guests Peter Zeihan and Ian Bremmer, Peter suggests the nationalism we're seeing along with the unrest could lead to a very difficult time. I would suggest seeking out prepper channels if you're convinced The Big One is about to happen. The markets will be inconsequential, meaningless. Meanwhile, passive income with Adrian is what this channel is about.

[@PassiveIncomeInvesting]

Thing to do #3: Disconnect