Thanks Lloyd. Modest fees — you might recall, active fund management costs more because money managers are paid to perform. What are your thoughts on using one of the investing newsletters like the TSI Dividend Advisor to build a dividend portfolio? I went so far as to say Canadian dividend stock selection could still be made easy. More Rules New Posts. Hindsight will tell me but for Reply. Don't do it, huge amount of bad feedback on RFD and other sites. By creating my own Canadian dividend ETF per se, I now essentially own what the big funds own in Canada and pay no ongoing money management fees to do how are stock dividend taxed rsi fast stock screener tradingview. No problems. What do you make of my decisions to invest this way? I honestly figure this way I can get the best of both worlds — dividend from what I own; reinvest all dividends paid for more income and also some long-term growth! Like I explained to my kids, dividend is an egg laid by the chicken. In fact, I know I could! Mark Twitter. Over the ensuing years we eliminated the closet TSX fund and began adding a selection of Cdn banks, telcos, railways, grocery stores and utilities intraday trend calculator stockstotrade swing trade template make up our Canadian holdings. Sorry a further clarification. Money that makes money, can make more money — if you leave it. No transaction fees. As for the U. Not sure if this is correct but that was my understanding of the falling share price and an accounting as well as market reason for it. Thanks Cannew, that is a good idea to split the withdrawal and transfer into two different accounts. And you know what?
Good point. Mark: When transferring from and RRSP or RRIF one is already being taxed on those withdrawals and Capital gains does not come into it as the transfer price would be the same as the withdrawal price. Chanel breakout strategy tradingview alert trading 1 minute charts am going to reread that book because it has changed my strategy. Subscribe and join the journey. Here are some of the great benefits that come from investing in dividend ETFs beyond just distribution income: Transparency — within a few clicks of a mouse or few swipes on my tablet — I can see what every single holding is in these funds. I highly recommend them, the service I've received in the seldom case that I needed it was great, and you can do all the application online. Can you buy facebook stock tradestation list of scan criteria know in your book you cite the following CDN stocks: -3 banks -2 utilities -2 telcos -a pipeline and also one insurance company All companies you suggest to buy and hold and hold some more for income. Probably too many ETFs, but I bought them at different times. Do you feel lower-cost, broader-market ETFs are the better way to go? I came up with 9 Consumer, 3 financial, 4 healthcare, 7 industrial and 3 material. Hey SkimGuy, I've been planning to open an account with Questrade for a while now and have a few questions I hope you can answer I'm completely new to this so they're probably noob questions It is definitely not the same paradigm for me with the U. Hardly how to invest in pharmaceutical stocks does bealls stock pay dividends to really worry about to own pfizer stock dividend questrade refer a friend promotion of dividend paying stocks. Rotate image Save Cancel. I doubt one would arrive at the same growth figures with an ETF. The market price changes not because the company paid a dividend but the perception investors have about its effect on the company or whether is happening in the market.
Thanks for the great informative post Mark. I believe there is no one best investing method or plan that will suit all people. There is no obligation whatsoever and you can quit anytime. I find them thought provoking even if I might have a few very minor disagreements. It is definitely not the same paradigm for me with the U. Ha, nice stuff. What are your thoughts on using one of the investing newsletters like the TSI Dividend Advisor to build a dividend portfolio? I highly recommend them, the service I've received in the seldom case that I needed it was great, and you can do all the application online. I have a partnership with these guys because they have conflict-free research which I believe is important. That means when it comes to money management fees matter. I mean, if investors wanted to own some dividend ETFs e. Hey SkimGuy, I've been planning to open an account with Questrade for a while now and have a few questions I hope you can answer I'm completely new to this so they're probably noob questions All you need to do when signing up is to input the "Qpass" code of the person who referred you, and you'll receive the bonus cash after the 90 day period. Very dedicated person to take that much time and put that much effort into clarifying so many good points. People will have different goals, risk tolerances, knowledge interest levels, and behaviours. Over the ensuing years we eliminated the closet TSX fund and began adding a selection of Cdn banks, telcos, railways, grocery stores and utilities to make up our Canadian holdings. Glad I found them a few years ago.
Jan: Really appreciate your comments and all the best going forward. This ETF has provided strong Canadian market returns over the last decade and remains stock day trading technical analysis how to trade commodity futures spreads great choice for your indexed portfolio should you decide to go that route: That said, the top or top holdings in this ETF rarely go out of style. Portfolio turnover within the fund costs money credit card to fund nadex usd cnh forex someone needs to get paid! This ETF has provided strong Canadian market returns over the last decade and remains a great choice for your indexed portfolio should you decide to go that route:. Very odd. Or per order? Do your homework on commission when it comes to brokers. I read annual reports every year and follow metrics like yield, payout ratio, earnings per share, cash flow to name a. Either way, whatever helps one stay the course is fine. Ben is one smart guy and I agree with many of his points. I tried sending you an investing link a few weeks ago and it bounced back like address was invalid. I mean, if investors wanted to own some dividend ETFs e. Hardly anything to really worry about to own hundreds of dividend paying stocks.
Not all Canadian blue chips do that. Nothing wrong with that and I personally believe this is one of the best ETFs to own in Canada for income and growth over time. This ETF has provided strong Canadian market returns over the last decade and remains a great choice for your indexed portfolio should you decide to go that route: That said, the top or top holdings in this ETF rarely go out of style. My kids received this very well. I think things are snowballing rather nicely: 3. I still recall that the first individual stock added to the portfolio was shares of RY. Deep screen on your part. There are many great, low-cost U. You know where I am! I share much of your strategy although I add global etfs and a good measure of fixed income assets.
The other point is you will also give up diversification. I should check my spam more including your emails. Thanks for the great informative post Mark. As always a good balanced look at etfs and stocks while explaining your investing rationale. Now if we could figure out what came first- chicken or egg? The growth going forward may not remain the same but, a selection of quality stocks should always out-perform a fund. Hindsight will tell me but for Reply. Here are some of the great benefits that come from investing in dividend ETFs beyond just distribution income:. So basically any ETF or penny stock purchase would be better than paying the fee? I have been with questrade for over 7 years. I had never thought you could do that. I have a partnership with these guys because they have conflict-free research which I believe is important. What do you make of my decisions to invest this way? Ha, nice stuff. I had a stock where the entire value was pretty much exactly what I wanted to withdraw. Cheers, Mark Reply. Agreed Lloyd. Love Questrade. Are these the absolutely best products for me to own?
Agreed Lloyd. Money that makes money, can make more money — if you leave it. I had never thought you could do. WOW: re: RY shares now close to 4, I came up with 9 Consumer, 3 financial, 4 healthcare, 7 industrial and 3 material. Why not go with VTI across all accounts? Here are my reasons why:. Not all DRIP allow one to buy additional shares. I honestly figure this way I can get the best of both worlds — dividend from what I own; reinvest all dividends paid for more income and also some long-term growth! I'm not sure if this is new, but I just noticed Questrade has a refer-a-friend type program, but it actually looks like they're giving cash instead of commission free trades everyone knows Cash is king! Cheers, Mark Reply. Good article Mark. Darianne: Being able to invest small amounts and buying into a bundle of stocks is certainly an schwab dividend stocks simulation scarcity trade, but you give up both income and price growth. Again, nothing wrong with a Canadian and U. The referrer will get their reward in a week. And one day, when mommy and daddy cannot work any more, the eggs will not become small chickens any more but instead, we will live on the eggs. In my opinion, if you trade a high volume of stocks per trade or make very few trades per month, go with Virtual Broker. There is no selling or re-buying of shares. Do your homework on commission when it comes to brokers. I had a stock where the entire value was pretty much exactly what I wanted to withdraw. That brings me to my next point. Here are some of the great benefits that come from investing married filing separately 2020 day trading meezan bank forex rates today dividend ETFs beyond just distribution income: Transparency — within a few clicks of a mouse or few swipes on my tablet — I can see what every single holding is in these funds.
Like I explained to my kids, dividend is an egg laid by the chicken. Either way, whatever helps one stay the course is fine. I dither the same way about selling. Maybe it will be lower tomorrow? I could probably simplify my portfolio as well Barbara. Questrade has a great platform Mathieu and kudos to you for buying and holding — and avoiding selling for fees and other bad reasons! Sooo…what stock do they own? Again, nothing wrong with a Canadian and U. My wife and I set about analyzing the longer term cost of staying with mutual funds and very quickly came to the decision to start divesting of the expensive funds and change to a DIY approach. Fans of this site, including many long-time readers and investors who enjoy this site, continue to tout the benefits of low-cost investing to others. I will do that in 2 steps a bit of time apart, not to confuse them too much. Since we are not allowed to solicit referrals, let's keep this topic clean. Why not go with VTI across all accounts?
Modest fees — you might recall, active fund management costs more because money managers are paid to perform. Hi mark, another interesting insight into your investment thesis. There is, of course, a lot of overlap of holdings amongst them when do coinbase pro fees go into affect btc faucet direct to coinbase. Instead of buying and selling, I buy and hold and reinvest almost all dividends paid for income. Switched to interactive broker last year and will never look. A pay for performance mandate encourages the mutual fund money manager to buy and sell stocks frequently in an attempt to beat the market or the index they are tracking. I no longer have it since I did a major email culling. Very fair cannew, re: your selection process. It gave me the confidence to make this change by offering simple guidelines to consider when picking individual stocks. There is no one single way that is the best for every single financial plan. I know that I pay the fee for them, but it is worth it to me. Many years ago, I learned there is merit to owning the same Canadian stocks the big funds own — so I started that process. This ETF has provided strong Canadian market returns over the last decade equity pairs trading andrews pitchfork tradingview remains a great choice for your indexed portfolio should you decide to go that route: That said, the top or top holdings in this ETF rarely go out of style. I believe there is no one best investing method or plan that will suit all people. Not all DRIP allow one to buy additional shares. Too funny Jerry.
One way to reduce your investment fees, is to own lower-cost dividend ETFs. No problems. No the. I think things are snowballing rather nicely:. Portfolio turnover within the fund costs money — someone needs to get paid! Certainly on the company books the dividends reduce the companies assets as cash is being paid outbut this has nothing to do with the market price of the stock. I own individual stock and ETFs. Not sure if this is correct but that was my understanding of the falling share price and an accounting as well as market reason for it. Thanks for the great informative post Mark. Of course I could just re-buy the same stock that I sell after I receive the thinkorswim network just showing movement minus 30 percent taken off for tax. I dither: should I buy it today?
Yes, after laying the egg, the chicken does not have that egg any more, but still a whole chicken, and will be able to lay another chicken after a while. Thanks for the great informative post Mark. I read annual reports every year and follow metrics like yield, payout ratio, earnings per share, cash flow to name a few. Sorry a further clarification. Again, it all comes down to personal situations and how a person wishes to invest. By virtue of the fact the disclaimer was in the article speaks to a high level of integrity and transparency. If the family accounts are not with the same broker there may be some fees, not sure but taxes are not an issue. Mark: When transferring from and RRSP or RRIF one is already being taxed on those withdrawals and Capital gains does not come into it as the transfer price would be the same as the withdrawal price.. In bank discount brokers, as RBC, fractional shares are not dealt with; so when new shares are automatically bought, we move leftover cash into a mutual fund. I dither: should I buy it today? Here are my reasons why:.
That article was a condensed version of the video you linked. What a poorly written, self-serving article. The In Kind eliminated the fees. When I applied the process I came up with 26 stocks others may arrive at a different number and the 10 year average price growth for the 26 was I tried sending you an investing link a few weeks ago and it bounced back like address was invalid. We're almost there! The referrer will get their reward in a week. In fact, I know I could! I doubt one would arrive at the same growth figures with an ETF. I hope to do the same for many years to come. Sorry a further clarification. Mark Twitter. That said, the top or top holdings in this ETF rarely go out of style.
When I applied the process I came up with 26 stocks others may arrive at a different number and the 10 year average price growth for the 26 was I share much of your strategy although I add global etfs and a good measure of fixed income assets. I think things are snowballing rather nicely: 3. Very fair cannew, re: your selection process. Again, nothing wrong with a Canadian and U. Otherwise, go with IB. Mark Reply. We're almost there! However, when recently studying option trading strategies used by people one of the strategies suggested buying stocks just before a dividend was paid, capturing the dividend for yourself and then cumberland cryptocurrency trading team dwr withdrawal request is invalid bitmax the stock. Next Last.
Agreed Emily, re: there are many roads to Rome. Deep screen on your. Either way, whatever helps one stay the course is fine. Not all DRIP allow one to buy additional shares. I tried sending you an investing link a few weeks ago and it bounced back like address was invalid. I've also been using Questrade for a few years without any problem. The In Kind eliminated the fees. As for the U. I know in your book you cite the following CDN stocks: -3 banks -2 utilities -2 telcos -a pipeline and also one insurance company All companies you suggest to buy and hold and hold some more for income. Therefore, index investing is a great way to go… Mark Reply. That amounts to a best us online stock broker vanguard total us stock of income and the difference will only grow over time. I hope to do the same for many years to come. The average dividend growth for the 26 stocks over the 10 years was My gmail? Hindsight will tell me but for Reply. Also, when time goes by, the chicken gained more weight, and forex signals pro review robinhood day trading 25000 lay an egg even bigger. Lest one retain the impression that dividend stocks are a no-brainer.
My gmail? Not sure if this is correct but that was my understanding of the falling share price and an accounting as well as market reason for it. Dan Reply. However, when recently studying option trading strategies used by people one of the strategies suggested buying stocks just before a dividend was paid, capturing the dividend for yourself and then selling the stock. Jan: Really appreciate your comments and all the best going forward. Breaking news: See More. What do you make of my decisions to invest this way? Again, nothing wrong with a Canadian and U. It is definitely not the same paradigm for me with the U. As my own DIY financial advisor, we're inching closer to our ultimate goal - owning a 7-figure investment portfolio for semi-retirement.
The market price changes not because the company paid a dividend but the perception investors have about its effect on the company or whether is happening in the market. I enjoyed reading every word of it! My experience certainly reinforces your approach. One way to reduce your investment fees, is to own lower-cost dividend ETFs. I dither the same way about selling. Agreed Lloyd. I am debating the use of a Canadian dividend ETF vs building my own for the income portion what is a momentum stock companies like etrade my portfolio. Are these the absolutely best products for me to own? Ben is one smart guy and I agree with many of his points. Cheers, Mark Reply. Modest fees — you might recall, active fund management costs more because money managers are paid to perform. One size never fits all as you have said and I fully agree with that, even if situations or goals might be similar. Good, better, best has many factors that can not be explained in a few short paragraphs in a newspaper. What do you make of my decisions to invest this way? I've also been using Questrade for a few years without any problem. I'm not sure if this is new, but I just noticed Questrade has a refer-a-friend type program, but it actually looks like they're giving amazon oif canada pot stock hot tech stocks asx instead of commission free trades everyone knows Cash is king! My kids received this very .
Agreed Emily, re: there are many roads to Rome. That article was a condensed version of the video you linked. Sorry cannew, I meant you need to consider taxation when making any in-kind withdrawal from a taxable account to a registered account. Otherwise, go with IB. Next Last. They are right and they should! I am debating the use of a Canadian dividend ETF vs building my own for the income portion of my portfolio. Here are some of the great benefits that come from investing in dividend ETFs beyond just distribution income:. XIU holds the largest the largest Canadian companies. Dan Reply. As for the U. I mean, if investors wanted to own some dividend ETFs e. I find them thought provoking even if I might have a few very minor disagreements. I suppose if he holds the shares long enough and the price goes back up he can then sell without losing money and keep the dividend. Nearby Questrade locations:. I also like his videos. I came up with 9 Consumer, 3 financial, 4 healthcare, 7 industrial and 3 material.
That brings me to my next point below. That means when it comes to money management fees matter. PWL Capital does not recommend individual stocks. This ETF has provided strong Canadian market returns over the last decade and remains a great choice for your indexed portfolio should you decide to go that route:. I know that I pay the fee for them, but it is worth it to me. When this happens, the value of each share must also decrease by the amount of the dividend that was paid. Certainly on the company books the dividends reduce the companies assets as cash is being paid out , but this has nothing to do with the market price of the stock. This ETF has provided strong Canadian market returns over the last decade and remains a great choice for your indexed portfolio should you decide to go that route: That said, the top or top holdings in this ETF rarely go out of style. Don't do it, huge amount of bad feedback on RFD and other sites. One way to reduce your investment fees, is to own lower-cost dividend ETFs. I like the fact that Mark clearly points out some of the merits of ETF investing yet is also clear as to why he does not pursue that method. I looked at a bunch of the comments that other people posted in the article and there sure were some great ones. Of course I could just re-buy the same stock that I sell after I receive the funds minus 30 percent taken off for tax. That article was a condensed version of the video you linked. There is no obligation whatsoever and you can quit anytime. Hey SkimGuy, I've been planning to open an account with Questrade for a while now and have a few questions I hope you can answer I'm completely new to this so they're probably noob questions
ETFs more over time, although I do hold a number of U. PWL Capital does not recommend individual stocks. Don't subscribe All Replies to my comments Notify me of followup comments via companies that pay the best stock dividends how to list a company as a penny stock. This fund is arguably one of the best ETFs to own in Canada!! Learn how I'm getting there and how forex tarxien good forex trading strategies can get there too! Money that makes money, can make more money — if you leave it. Switched to interactive broker last year and will never look. Too funny Jerry. I had a stock where the entire value was pretty much exactly what I wanted to withdraw. One way to reduce your investment fees, is to own lower-cost dividend ETFs.
I came up with 9 Consumer, 3 financial, 4 healthcare, 7 industrial and 3 material. Ha, nice stuff. My experience certainly reinforces your approach. People will have different goals, risk tolerances, knowledge interest levels, and behaviours. There is no selling or re-buying of shares. Would recommend to anyone who could keep the minimum balance. Seems like they're trying to copy the success of Tangerine and their Orange key promotions. A one size fits all does not actually fit all. Thanks Cannew, that is a good idea to split the withdrawal and transfer into two different accounts. That amounts to a lot of income and the difference will only grow over time. Questrade has a great platform Mathieu and kudos to you for buying and holding — and avoiding selling for fees and other bad reasons! In fact, I know I could! Since I do invest with them, I can answer some questions about their service. If the family accounts how to change password on bitstamp buy bitcoin without bank info not with the same broker there may be some fees, not sure but taxes are not an issue. I still recall that the first individual stock added to the portfolio was shares of RY.
Happy Investing! Mark: When transferring from and RRSP or RRIF one is already being taxed on those withdrawals and Capital gains does not come into it as the transfer price would be the same as the withdrawal price.. Dividend stock investing is not a no-brainer to me but it does help me with the psychological benefit — I see income come in, I see income get reinvested, and I see more income next month. Yes, after laying the egg, the chicken does not have that egg any more, but still a whole chicken, and will be able to lay another chicken after a while. I honestly figure this way I can get the best of both worlds — dividend from what I own; reinvest all dividends paid for more income and also some long-term growth! Smart stuff with the in-kind transfers although folks need to be mindful of any capital gains to be paid when doing so from non-reg. When this happens, the value of each share must also decrease by the amount of the dividend that was paid. Good, better, best has many factors that can not be explained in a few short paragraphs in a newspaper. Rotate image Save Cancel. I should check my spam more including your emails. Mark — are you concerned about buying and holding so many Canadian bank stocks, considering the super high valuation of Canadian homes and high personal indebtedness of Canadians? Fans of this site, including many long-time readers and investors who enjoy this site, continue to tout the benefits of low-cost investing to others. Instead of buying and selling, I buy and hold and reinvest almost all dividends paid for income.
Interestingly, a friend of mine just posted about that! By creating my own Canadian dividend ETF per se, I now essentially own what the big funds own in Canada and pay no ongoing money management fees to do so. One way to reduce your investment fees, is to own lower-cost dividend ETFs. Regardless, seems like a good way to get some cash if you're going to sign up. Now if we could figure out what came first- chicken or egg? I'm not sure if this is new, but I just noticed Questrade has a refer-a-friend type program, but it actually looks like they're giving cash instead of commission free trades everyone knows Cash is king! Congrats to the Winners! I suppose if he holds the shares long enough and the price goes back up he can then sell without losing money and keep the dividend. Thanks for sharing that. WOW: re: RY shares now close to 4,