Top 4 Canadian ETFs For 2025 // Canadian Passive Income

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Bassem - Canadian Finance Pro

Bassem - Canadian Finance Pro

Күн бұрын

Пікірлер: 214
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
I was playing around with the lighting, I'll change it next time. If you're a beginner investor or just looking for some tips and tricks, consider downloading my FREE e-book specially made for Canadian Finance: www.canadianfinancepro.com/beginners-investor-handbook
@Msmelissa-u1w
@Msmelissa-u1w 2 ай бұрын
I live off dividends on ETFs, for sure it can improve your wealth if you reinvest them to buy more, creating a snowball effect that allows you compound over time.
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
The dividend snowball effect after 20 years would be huge.
@DeysiNunez-fz3vg
@DeysiNunez-fz3vg 2 ай бұрын
I reinvest 100% and will do so for years.
@shaquaan
@shaquaan 2 ай бұрын
Have you considered the possibility of cashing out some of those dividends for paying off your monthly expenses, instead of re-investing them? Bcos I need a lot as rent, inflation alone eat up almost all of what I make.
@Msmelissa-u1w
@Msmelissa-u1w 2 ай бұрын
tbh I keep compounding, adhering to well established patterns from a professional, even as a rookie, can bring tremendous value! I’ve trimmed, added also and now my average growth has increased in the past year while participating behind a top performer. effectively remits over hundred k annually and increasing.
@Thecarbon-k2y
@Thecarbon-k2y 2 ай бұрын
Shaquaan a lot of people let their dividends ride for the long-term given its solid returns effects overtime
@alexanderrowan5723
@alexanderrowan5723 2 ай бұрын
The new US president effect has got a couple of stocks and assets doing quite well. I’m looking at ETFs like VDY, XLK and SCHD to get alongside. Still contemplating though.
@joycelistings6879
@joycelistings6879 2 ай бұрын
XLK and SCHD are great picks. I love them
@alexanderrowan5723
@alexanderrowan5723 2 ай бұрын
Getting both wouldn’t be bad now would it ?
@joycelistings6879
@joycelistings6879 2 ай бұрын
There's a fair amount of overlap, not necessarily negative, in all diversification plays a major role as regards positive returns, It's grown my 105k initial start five times multiplied in eight months.
@billyrichardson7237
@billyrichardson7237 2 ай бұрын
It's been not so pleasant for me, I used to think majoring in economics would give me a great edge investing. Impressive returns ma'am cheers!!!
@joycelistings6879
@joycelistings6879 2 ай бұрын
In my opinion, you'd want to buy what you understand while keeping it simple, I work with Amelia Sophie Woledge, an outstanding and reputable CFA, understanding its no game of luck and the need for appropriate technical know how would get you on the right side of the market. Don't shoot the lights out taking unnecessary risks.
@MargaretWest-m8u
@MargaretWest-m8u Ай бұрын
AI stocks are poised to dominate in 2025. I prefer NVIDIA because they are well-positioned to sustain long-term growth and serve as a foundational platform for other AI companies. I know an investor who has achieved over 200% returns with NVIDIA. I'm also open to any additional recommendations you may have.
@ToreyLanez
@ToreyLanez Ай бұрын
I believe the next significant opportunity lies in AI. For sustained growth similar to META, it is essential to avoid impulsive decisions influenced by short-term market fluctuations. Emphasizing patience and a long-term perspective is crucial, and seeking financial advisory services can facilitate informed buying and selling decisions.
@Toni__Michelle
@Toni__Michelle Ай бұрын
Confronting a similar situation, I consulted with an advisor. Through strategic portfolio restructuring and diversification with quality ETFs, S&P 500, and growth stocks, I have successfully increased my portfolio from $200k to over $800k within a few years.
@FrankJaaay
@FrankJaaay Ай бұрын
How can I find a trusted financial planner like yours?
@Toni__Michelle
@Toni__Michelle Ай бұрын
I consistently recommend Rebecca Lynne Buie as my top choice. She is well-known for her expertise in financial markets and has an impressive track record. I highly endorse her services.
@HotManP-l5g
@HotManP-l5g Ай бұрын
I just researched her online, and I must say she has an impressive background in investing. I will reach out to her via email shortly.
@Rogerederer-b2r
@Rogerederer-b2r 4 күн бұрын
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
@unclepann-g9x
@unclepann-g9x 4 күн бұрын
Investing in different kinds of assets can mitigate risk more effectively than placing all of your capital in one. See a financial professional if you don't comprehend finances well enough.
@GOODGIRL-w6f
@GOODGIRL-w6f 4 күн бұрын
A multitude of individuals downplay the significance of advice until their own emotions become unbearable. I needed a big shove to stay afloat with my firm. I located the most qualified advisor after searching for licensed advisors. Despite inflation, she has helped me grow my funds.
@Godsgift-p8b
@Godsgift-p8b 4 күн бұрын
You seem to comprehend the market better than we do, so that makes great sense. Who is the coach?
@GOODGIRL-w6f
@GOODGIRL-w6f 4 күн бұрын
‘Grace Lorraine Austin is a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
@Godsgift-p8b
@Godsgift-p8b 4 күн бұрын
I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this..
@jesse5615
@jesse5615 2 ай бұрын
Yeeeeee!!! 🎉 this is my portfolio! For thee past few years. Thanks to you! Planning to stick to this for 20 years
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
Beauty! I've been recommending the same thing for years.
@AxelBowie-y2z
@AxelBowie-y2z 2 ай бұрын
Investing in AGNC initially seemed like a solid choice, particularly for the dividends. However, experiencing a significant -40% loss over the past five years, which equates to around $80,000, has left me questioning whether to sell or continue holding.
@Beilever-d2q
@Beilever-d2q 2 ай бұрын
Don't sell; avoiding trying to time the market and incurring unnecessary taxes. Stay grounded and focus on the long term!
@BjornFord-o6v
@BjornFord-o6v 2 ай бұрын
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. that’s what works for my spouse and I. We've made over 30% capital growth minus dividends.
@CharlotteBeck-e8t
@CharlotteBeck-e8t 2 ай бұрын
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
@BjornFord-o6v
@BjornFord-o6v 2 ай бұрын
My CFA, MELISSA ELISE ROBINSON is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
@AlbertGReene-p8w
@AlbertGReene-p8w 2 ай бұрын
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
@TheMineA7
@TheMineA7 2 ай бұрын
Perfect timing I was just about to rebalance my portfolio. Had the first 2 in my list, didn't consider the last 2
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
If you have the first 2, you're pretty good already! The ETFs kind of rebalance themselves. Are you not happy with your current portfolio's performance or is it something you do every year?
@HamiltonRb
@HamiltonRb 2 ай бұрын
My preference would be VDY over XEI, but to each their own
@TheMineA7
@TheMineA7 2 ай бұрын
@@CanadianFinancePro I essentially had a lot of my portfolio in cash(dot)to so wanna redistribute it into etfs
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
Right right, was that bc you needed the cash soon? That seems to be just a savings account or holding it to keep up with inflation.
@HamiltonRb
@HamiltonRb 2 ай бұрын
@@CanadianFinancePro VDY is a high dividend etf, the same as XEI They are similar in size, liquidity, mer and holdings, so you can’t go wrong with either or both of them, but I like the 5 year plus graph better
@johnCoy-u1w
@johnCoy-u1w 2 ай бұрын
I am impressed with your update on these stocks, now my question is which is best to buy at this time. I have some liquid assets to diversify.
@William-y1d-l5c
@William-y1d-l5c 2 ай бұрын
In no order: 1) VOO 2) QQQM 3) SCHG/VUG 4) VTI 5) SCHD/DGRO. Personally I put down 1.2m$ on few ETFs, still diversifying. it was this time last year I made my first break through with a liquid 370k. Handed it to a trader here in TX, I get weekly pay out which I put back on long term ETF's. Tesla will be a huge buy for me when the market bottoms.
@johnCoy-u1w
@johnCoy-u1w 2 ай бұрын
Thank you, I already added VOO and QQQM, can you share this Pro with me.
@William-y1d-l5c
@William-y1d-l5c 2 ай бұрын
Yeah, Kathie Daisy Bosco use her name to look her up.
@Kecia-f6k
@Kecia-f6k 2 ай бұрын
SPY, QQQ, IWM, and currently TLT. I only have 4. Kathie’s firm grows a good portion of my diversification, I live in Connecticut.
@funmi_mat
@funmi_mat Ай бұрын
Really found your recommendations insightful. Thank you, Bassem!
@CanadianFinancePro
@CanadianFinancePro Ай бұрын
awesome thank you.
@ChadHanson-j1b
@ChadHanson-j1b 7 күн бұрын
this is really lovely and educative video, please permit me to share my success story. for a very long time my family has been experiencing financial crisis. but all that change when someone introduced me to crypto trading and MRS Matilda Garcia. My mom and i were the first people in my entire household to start dealing with her but right now my entire family has joined and we have being enjoying financial stability and even had enough money to start a family business which has always been my fathers dream.
@RodrigoHernadez-nm8tu
@RodrigoHernadez-nm8tu 7 күн бұрын
Yes this quite motivating, i usually tell people that crypto currency is here to stay and its has made more people millionaires than having a 9-5 job. i have known about crypto currency for over 10 years now, how i wish i am as wise as i am know then i would invested heavily back then.
@MisandraAndrew
@MisandraAndrew 7 күн бұрын
As a beginner, what should I do? How can I invest, on which platform? If you know any, please share. I am new to this, how can I reach her? 🙏🙏
@ChadHanson-j1b
@ChadHanson-j1b 7 күн бұрын
I will recommend my current trader Mrs Matilda Garcia her strategies are earning a lot of profit for me
@ChadHanson-j1b
@ChadHanson-j1b 7 күн бұрын
SHE IS MOSTLY ON TELEGRAMS, © Garciamatildaa
@MitchellRodrigoo
@MitchellRodrigoo 7 күн бұрын
Wow my neighbor also talked about her, she must be an experienced trader for people to talk about her that well thanks for sharing her contact
@deanmartinteam
@deanmartinteam 2 ай бұрын
what trading platform do you recommend for Canadians? I trade options and stocks and have both direct trading and a TSFA account.
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
Hm, I like interactive brokers bc its cheap, however its not user friendly. I also use Questrade, its pricier but prettier to look at and use.
@vicgill1980
@vicgill1980 2 ай бұрын
Old school retro we love…unlike the Paul/Tyson pillow fight
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
You've been here since the start! Also, I skipped that staged fight :p
@tysonogloff
@tysonogloff Ай бұрын
As someone who is in his 30s and way behind on investments - I loved this video. I am trying to learn all that I can before I dive into the market in 2025. I am looking to invest on a weekly schedule, and hold the ETFs in my TFSA for 10-30 years. I am curious why VEQT over XEQT?
@CanadianFinancePro
@CanadianFinancePro Ай бұрын
VEQT and XEQT should be treated the same, its the same thing to me. Vanguard and Blackrock create the same ETFs. Everything V is vanguard like VGRO and everything X is Blackrock like XGRO.
@rcmcdonald01
@rcmcdonald01 Ай бұрын
With Bitcoin do you recommend hedged or unhedged ? Btcc or btcc-b ?
@CanadianFinancePro
@CanadianFinancePro Ай бұрын
unhedged for me.
@wofapapaye-gu5ed
@wofapapaye-gu5ed Ай бұрын
The best video so far. Do more ETF in the future.
@MaryHannah-o9b
@MaryHannah-o9b 5 күн бұрын
I wouldn't trust Trump economy for so long. Any tips on stocks that can outperform s&p500? I am at the beginning of my investment journey and intend spreading $200k across dividend stocks, so that I can annualize up to 30% ROI even after my retirement.
@BorisLewinsky
@BorisLewinsky 5 күн бұрын
as a beginner, its best you seek the guidance of a financial specialist, it may seem costly but could save you the cost of a fiasco
@DetlepNiessen
@DetlepNiessen 5 күн бұрын
I agree, financial advisory is currently the optimal approach for navigating the financial market, especially for newbies and those approaching retirement. At first-hand experience, my portfolio has surged over 300% since the covid crash of 2020 to date.
@DetlepNiessen
@DetlepNiessen 5 күн бұрын
I've stuck with ''Katherine Nance Dietz'' for 5 years now, and her performance has been consistently impressive. To be honest, if it wasn't for the pandemic, I wouldn't have supplemented my stream of income, but I'm so glad I did.
@ElaineRenee-g4k
@ElaineRenee-g4k 5 күн бұрын
glad to have stumbled upon this, curiously inputted Katherine Nance Dietz on my browser, spotted her consulting page at once and was able to schedule a call session with her, she seems highly professional from her resumé
@jjp7260
@jjp7260 12 күн бұрын
great info. thank you!
@sr71_ramjet
@sr71_ramjet 2 ай бұрын
Thanks for the video. Just subscribed, what are your thoughts on holding some gold stock or ETF backed by real gold as the 5th recommendation ?
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
I've never been interested in Gold as an investment tbh, to me, it barely beats inflation I feel. Like, its up 100% in 8 years, that's not bad? I just feel every other investment makes more $$. I'm not interested in safe investments at the moment ...
@jmc8076
@jmc8076 2 ай бұрын
@@CanadianFinancePro I believe historically it’s held as an inflation or volatility hedge vs for growth or returns. But def more of the latter right now.
@northstarie851
@northstarie851 28 күн бұрын
Love your video, excellent. Appreciated it.
@christianlevac7097
@christianlevac7097 2 ай бұрын
Great choices, have all three in my various portfolios
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
wahoo thats awesome, you're on the right track.
@HvacDaddio
@HvacDaddio 12 күн бұрын
ETF and options, the financial engineering to squeeze out every bit of capital in the free market is amazing. What else will they come up with in the future. I feel like quantum computing and A.i. will be the end of stock market trading
@daryamhm
@daryamhm 2 ай бұрын
Great video! I already have VGRO in my portfolio. If I were to consider adding VFV or VEQT, would it make sense to buy both, or would only one be a better fit? Which one might complement my existing VGRO allocation better?
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
Hm, VGRO is basically 80% VEQT and 20% Bonds. So, depending on what you want, VEQT is more diversified "safer" but VFV has had way better returns. I don't invest in VGRO since I dont like 20% bonds, my RRSP was 50% VFV and 50% VEQT, if that helps. Its not 50/50 anymore since VFV increased way more, but I used to buy 50/50.
@jesse5615
@jesse5615 Ай бұрын
@@CanadianFinancePro do you have to rebalance the 50%/50% - veqt/vfv because i've been just buying monthly lol. For example, i'm investing $1000 every 2 weeks and would buy 50% split between the two funds but of course it's not going to be perfect since the price per share is different. Does this makes sense? Thank you
@CanadianFinancePro
@CanadianFinancePro Ай бұрын
@@jesse5615 I wouldn't rebalance.
@carinas_introverted_plans
@carinas_introverted_plans 2 ай бұрын
thank you so much, informative and to the point!
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
Awesome thank you!
@SynkovaAnna
@SynkovaAnna 21 күн бұрын
Thank you, I am new to Canada, for the first time I understood. If you don't mind to share, what platform did use to check ETFS?
@CanadianFinancePro
@CanadianFinancePro 21 күн бұрын
I would use Questrade to buy ETFs. I would use Vanguard to research the ETFs or even ssga, like here: www.ssga.com/us/en/intermediary/etfs/spdr-sp-500-etf-trust-spy
@orvillebrown4398
@orvillebrown4398 2 ай бұрын
Question - what’s your opinion on choosing XEI over VDY ?
@barbellsandgames3721
@barbellsandgames3721 2 ай бұрын
Just wondering your thoughts - why BTCC vs BTCC.B? and have you tried Wealthsimple Crypto vs ETFs?
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
I wanted to take currency out of the equation. I played around with WS Crypto but since not everyone has a WS account, I thought it'd be best to recommend ETFs that can buy purchased on Questrade & other platforms.
@SlyTrashPanda9000
@SlyTrashPanda9000 2 ай бұрын
Just reviewing finances, thanks for the recommendations.
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
Awesome, let me know if you have any questions.
@darshanjain9658
@darshanjain9658 14 күн бұрын
Great video for a beginner like me! I have a question though, does VFV and VQT pay dividends? Im completely new to this and so I am not aware. Thanks to anyone who answers this in advance!
@CanadianFinancePro
@CanadianFinancePro 13 күн бұрын
They do pay small dividends, like 1%
@adrianbot2435
@adrianbot2435 Ай бұрын
What type of account would you recommend to buy and hold these in? TFSA/ RRSP ETC.
@CanadianFinancePro
@CanadianFinancePro Ай бұрын
Tax sheltered first so FHSA if you want to buy a house. Then RRSP if you make over $130K or TFSA first if you make under $130K.
@adrianbot2435
@adrianbot2435 Ай бұрын
@@CanadianFinancePro Perfect, thank you. I make under 130k so I guess it’s TFSA for me!
@eunyoulyang5205
@eunyoulyang5205 5 күн бұрын
VFV tracks S&P 500. I am wondering if there is a canadian etf which tracks SCHD?
@ItBeNolanTho
@ItBeNolanTho 2 ай бұрын
is xeqt the same as veqt? does it matter which one you choose?
@jmc8076
@jmc8076 2 ай бұрын
Search it online. Many good sites and info to compare.
@Northern_Squirrel
@Northern_Squirrel 2 ай бұрын
Hi, around 5 minutes into the video you said VTI is the USD version of VEQT. This is not correct. VEQT is 45% US, 30% Canada, and the rest excluding North America and emerging market. Meanwhile VTI is total US. Perhaps you meant to say VT?
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
Hm maybe I can add an edit in there, I've never owned VTI, but I thought it was the total market index, let me re-review.
@Shawpaw
@Shawpaw 2 ай бұрын
would you consider XUS for s&p 500 considering our loonie is weak in near future?
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
I would! I recommended XUS last year but I didn't want to make the same video over again in case people got bored of my content or sick of me repeating myself.
@wideback4553
@wideback4553 2 ай бұрын
SPTM? Would holding usd now be better because Canada's dollar is going lower?
@Elmundoquemesalvó
@Elmundoquemesalvó 2 ай бұрын
Amazing video thank you!
@CanadianFinancePro
@CanadianFinancePro Ай бұрын
Glad it helped!
@goalaspect
@goalaspect 3 күн бұрын
I am 59 / Canadian / retiring at 65. Small business owner. I have my savings in rrsp and tsfa. Was going to do 50% xei and 50% xiu ? Also I have a holding corporation. Has my company cash for dividend stocks - are all Canadian stocks so I thought I get that eligible dividend rebate but Does that corp pay 38% taxes on that dividend income? I didn’t see any way to lower tagt
@slada69
@slada69 Ай бұрын
thank you so much amazing video
@CanadianFinancePro
@CanadianFinancePro Ай бұрын
Glad you enjoyed it.
@JohnHobbs-o3z
@JohnHobbs-o3z 2 ай бұрын
FIE is good for retires,especially if they reinvest some of the income,it has paid out up to 7% in the past,currently its paying i think about 5.7%.Since inception it has total return of about 8%.
@JCLReVZz
@JCLReVZz 17 күн бұрын
XEQT or VEQT?
@CanadianFinancePro
@CanadianFinancePro 17 күн бұрын
I can't pick! I would say both :p
@BossRob
@BossRob 25 күн бұрын
Do you have any thoughts on xdiv?
@CanadianFinancePro
@CanadianFinancePro 25 күн бұрын
I'd be ok with swapping one ETF xdiv, I've recommended it previously on the channel.
@BossRob
@BossRob 24 күн бұрын
@@CanadianFinancePro Just found your channel recently.
@CanadianFinancePro
@CanadianFinancePro 24 күн бұрын
@@BossRob welcome! I'm trying to find my xdiv review but I have too many videos :'(
@neiljohn13
@neiljohn13 20 күн бұрын
I only have 2 ETFs 95% XEQT(love the thought of buying and holding it) plus 5% XDIV(playing around as it brings me great feeling of getting paid every month) - Do you think this is also a good strategy?
@CanadianFinancePro
@CanadianFinancePro 20 күн бұрын
Simple is sometime better! XEQT is great, you're invested in the whole world, why not :p
@caseybills5517
@caseybills5517 18 күн бұрын
Considering the current market uncertainty, it seems prudent to invest in gold or a gold ETF. I'm thinking of allocating over $300k for retirement purposes. While the potential for short-term gains in a bullish market is appealing, I recognize the importance of maintaining a long-term investment strategy.
@LiaStrings
@LiaStrings 18 күн бұрын
As they say, time IN the market is better than trying to time the market. I think you should seek advice from a licensed financial advisor. They’ll give you guide on high risk and low risk investment strategies for your portfolio
@StacieBMui
@StacieBMui 18 күн бұрын
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 275 cash earning 5.25 interest, 685k in 401k, 120k cash account, 80k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed shortly.
@StocksWolf752
@StocksWolf752 18 күн бұрын
I’ve been worried sick about the current state of my portfolio, who is your advisor?
@StacieBMui
@StacieBMui 18 күн бұрын
Finding financial advisors like Sonya lee Mitchell who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@patrik4656
@patrik4656 2 ай бұрын
Solid advice!!! Thanks
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
No thank you!
@chriswiens9706
@chriswiens9706 2 ай бұрын
Do you know of a leveraged stock the is 2 x against VFV? Would be a cool play!
@jesse5615
@jesse5615 2 ай бұрын
Question- I have other etfs but I’m planning to only buy 50% vfv and 50% veqt going forward. Should I sell them or keep. It’s hxq and qqqm because I had USD
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
mmm hard to say, nothing wrong with the Nasdaq, what's the difference between HXQ and QQQM?
@jesse5615
@jesse5615 2 ай бұрын
@@CanadianFinancePro qqqm is in usd. I had usd kicking around after i sold apple stock. And the mer for qqqm is 0.15% vs it's QQQ at 0.20%. HXQ is in CAD non hedged mer 0.27%.
@jesse5615
@jesse5615 11 күн бұрын
@@CanadianFinanceProhey bro- qqqm is USD sand HXQ is CAD
@alexandrelegault3400
@alexandrelegault3400 2 ай бұрын
I been investing into VOO instead of VFV as a Canadian, do you think it is a bad idea?
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
No that's fine, VOO is better imo, but not everyone has cheap access to USD. Sometimes converting is costing people 2%, which isn't worth it to me.
@alexandrelegault3400
@alexandrelegault3400 2 ай бұрын
@@CanadianFinancePro Thanks budday that's nice to hear I been using Wealthsimple so the app is dead simple for USD! I been using 33% to VOO, 33% to SCHB and 33% to QQQM , all for 30 years+ for retirement in TFSA, does my portfolio is bad ? My partner is doing her master right now so I'm not putting anything in my RRSP, I'm only 27 so I feel I have lots of time . Keep going with the videos , I'm learning lots. From an Happy French Canadian from Nova Scotia
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
Hey that's awesome, the portfolio is fine! Remember to open an FHSA if you think about buying a house, even if you don't use the FHSA now, having it opened means you get $8,000 of contribution room per year. I've never been to Nova Scotia sadly, but I am planning to go visit a friend/KZbinr in Summer 2025. There's a famous guitar youtuber named Brandon D'eon in Halifax & I want to pay him a visit.
@alexandrelegault3400
@alexandrelegault3400 2 ай бұрын
@@CanadianFinancePro Nova Scotia is awesome, feel free to hit me anytime I already bought a house in 2020 when Covid started , so I got lucky haha , thanks for the replys, it is nice !
@antonioportelli2415
@antonioportelli2415 2 ай бұрын
@@CanadianFinancePro If you don't open the FHSA do you not get the extra contribution room. I am 20 and I have not made out my TFSA yet. Should I wait in till I max that out first?
@xpminister
@xpminister Ай бұрын
Re: VFV. Will you not be subject to 15% withholding tax off the dividends?
@CanadianFinancePro
@CanadianFinancePro Ай бұрын
Yes but its a 1% yield for dividends, this is a growth stock instead of divvies so I wouldn't worry about 15% of 1% for now. Note, since this is a Canadian listed ETF, the 15% wht hit is within the fund itself.
@DONRANNIREALTOR
@DONRANNIREALTOR 28 күн бұрын
I like the picks
@denverd513
@denverd513 2 ай бұрын
What about 15% withheld tax if withdrawn from tfsa or even withdrawn from rrsp for Canadians. Also, 15% tax is on the capital gain or on the entire amount if withdrawn
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
The 15% wht is on US dividends, since these aren't dividend stocks, the 15% on your 1% yield is minimal. If you want to avoid that, you'll need USD and invest in your RRSP only. The 15% wht on the dividends is always lost in a tfsa. Capital gains are not taxed.
@robertgrlic6505
@robertgrlic6505 2 ай бұрын
Vfv in tsfa, will I pay taxes on those US div?
@robinverma5366
@robinverma5366 2 ай бұрын
No
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
Well ... since VFV is Canadian, the FUND will pay 15% WHT on the US dividends, but not you directly ... if that makes sense. The only way to save US dividend tax is to buy a US stock in your RRSP. WHT is withheld at source aka in the US.
@Bha-b2d
@Bha-b2d 2 ай бұрын
I am 59 and have about hundred thousand in TFSA savings account. What is the best place to park this cash for the next 5 years
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
Hm, might be worth just to do a GIC or cash.to
@karenzhou1083
@karenzhou1083 Ай бұрын
can you explain how to pay taxes on US dividends from VFV? There is a 15% withhold tax that applies to a TFSA. can you explain how this works?
@CanadianFinancePro
@CanadianFinancePro Ай бұрын
Hey, you won't pay tax if you hold VFV, since its a Canadian fund, the manager or the fund will pay the WHT, so you won't see it come out of your cash or account. If VFV is supposed to return 100% income, you'll only see your account grow by 99.85% for example, because they've paid .15%. If that makes sense ...
@firasg.8511
@firasg.8511 2 ай бұрын
Great Video! Let's go Vechain!
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
Haha shout out to vechain.
@angier2289
@angier2289 2 ай бұрын
Quick question…Is there any reason I should not buy some VOO & some VFV to get the 50%? I have some USD but not enough to just buy VOO and I don’t really want to buy more USD when the exchange is so lousy. I want to buy and keep these on the back top shelf of my closet and forget about them for the next 5 years. I really appreciate the quality of the information you provide and have just subscribed. I have been a Bitcoin hold out but I’m leaning towards ‘trusting the process’ and buying a little BTCC. Might be good fun to get on the roller coaster and besides, everybody likes to have a little skin in the game, right?!
@RRoh202
@RRoh202 2 ай бұрын
Why XEI over FIE or ZWC even though the later have high yield? low MER?
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
ZWC is mainly covered call distributions, I was going to do a video on that next week. XEI to me feels more like dividends (instead of distributions) coupled with capital appreciation, the stock is up 26% in 5 years, whereas ZWC has higher cash payouts but its been flat over 5 years. I haven't looked into FIE yet.
@JohnHobbs-o3z
@JohnHobbs-o3z 2 ай бұрын
If you want to draw down your portfolio in retirement,CC is fine,if you want some growth,stay away from covered calls.
@jmc8076
@jmc8076 2 ай бұрын
Ben Felix also did video on cc funds incl curve of returns, pros vs cons and why (IHO) they make little sense.
@William-x6f7c
@William-x6f7c 2 ай бұрын
I have VFV but also QQC - any reason why QQC isn't in the recco?
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
Its already included in VEQT and VFV, so, I had to leave it out this time. I don't want to overcomplicate.
@chadweberg6039
@chadweberg6039 Ай бұрын
I have 150k in my rrsp in RBC MF its has been decent but very slow going at times 2024 was a good year....im thinking of transferring and putting into wealth simple and trying a ETF strategy..... as well i have another 90k in my Tfsa .... really thinking of changing my entire portfolio and i like 10% crypto idea....is wealth simple a good platform
@CanadianFinancePro
@CanadianFinancePro Ай бұрын
Wealthsimple is great for beginners, but if you want advanced options, maybe IB for stocks/options and then even Binance/Coinbase if you want crypto.
@jesse5615
@jesse5615 2 ай бұрын
Hey Boss, regarding 50% veqt and 50% vfv, any tips how to equally invest in both. What i mean is that currently veqt 46.97 and vfv 151.76. So let's say i wanted to invest $1000 how would i invest equal 50% into each? I hope this makes sense. thank you
@FrankRudner
@FrankRudner 2 ай бұрын
XEQT or ZEQT gives quarterly dividends much better and XEQT has larger aum
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
I'm ok with XEQT, I reviewed that one last year, I haven't looked at ZEQT yet.
@MasculineEnergyBeastMen
@MasculineEnergyBeastMen 2 ай бұрын
Hey Bassem, why do Canadian stocks perform so bad compared to the US counterparts. Literally state of California has a larger economy than Canada. TSLA and NVDA alone have grown so much that you don't have to invest in Canadian stocks at all. Would you say after the Tariff's come into effect Canadian economy will be impacted?
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
I think California has the same population as Canada. Canada feels safer but safe means less growth. We decreased less during the 2000 bubble and the 2008 financial crisis. But also, we increased less during the bull runs. Don't get stuck comparing TSLA/NVDA, its cherry picking the stocks that have gone up 1,000%. Personally I don't invest in Canadian stocks, the return is too low and our currency is devaluing, so I'm purely US stocks. Also, tariffs, if they happen, will impact Canada for the short term, I don't think they'll last.
@sssingh6517
@sssingh6517 2 ай бұрын
What if i want to invest 200$ every month ,where should i invest??
@siakelley2345
@siakelley2345 2 ай бұрын
I have schd schg svol and btc etf
@FrankRudner
@FrankRudner 2 ай бұрын
XEI is very good I like VDY better even though it’s bank heavy
@karimovitchchess7775
@karimovitchchess7775 10 күн бұрын
40% TEC - 30% VFV - 20% XEI - 10% BTCC?
@lucasstewart3297
@lucasstewart3297 Ай бұрын
BTCC for the win!
@CanadianFinancePro
@CanadianFinancePro Ай бұрын
Agreed :p
@HouseOfBurgz
@HouseOfBurgz 3 күн бұрын
30% BTC ETF. Why not?
@CanadianFinancePro
@CanadianFinancePro 3 күн бұрын
I'll do it if you do it.
@HouseOfBurgz
@HouseOfBurgz 3 күн бұрын
@@CanadianFinancePro Done! Especially now that I’ve learned both IBIT and FBTC has a Canadian version of the American fund on the TSX (CBOE)
@paulvardon6653
@paulvardon6653 2 ай бұрын
Qqc for Nasdaq exposure
@RRoh202
@RRoh202 2 ай бұрын
What are your views about HMAX for dividends?
@rachelavila7041
@rachelavila7041 14 күн бұрын
I’d like to hear opinion on this as well, with the addition of thoughts on HMAX with HDIV 😊
@FelipeRsaah
@FelipeRsaah 2 ай бұрын
Bassem, are you hiring video editor?
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
I'm not, my videos are pretty straight forward so I just do them myself.
@FelipeRsaah
@FelipeRsaah 2 ай бұрын
@@CanadianFinancePro Oh i see
@FrankRudner
@FrankRudner 2 ай бұрын
Bitcoin, maybe however if you’re over 50 then why would you want to buy bitcoin or bitcoin etf, I’d go gold bullion
@JohnHobbs-o3z
@JohnHobbs-o3z 2 ай бұрын
If you are retired stay away from Bitcoin,if your young have at it.
@Adrian-cn5rk
@Adrian-cn5rk 2 ай бұрын
But by holding btcc you lose out on the tremendous upside. I'mma stick with the Buffet/Ackman approach
@CanadianFinancePro
@CanadianFinancePro 2 ай бұрын
Yes but some people (many many people) don't want to hold the coin.
@mandtgrant
@mandtgrant 9 күн бұрын
You lost me at bitcoin. No underlying value at all
@CanadianFinancePro
@CanadianFinancePro 8 күн бұрын
$100K per Bitcoin in value ...
@MykolaYel
@MykolaYel Ай бұрын
why not 100% in bitcoin? just look how it is growing
@CanadianFinancePro
@CanadianFinancePro Ай бұрын
Too short sighted, have to diversify ...
@elnor1942
@elnor1942 2 ай бұрын
Great video Bassem. I'm planning to buy BTCC in USD (BTCC.U.TO). What would be the best? To use my TFSA or my RRSP? Thanks.
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