How I Make $200/Day of Passive Income! | My Entire $708K Dividend Portfolio: 10%+ Yield! | Update #8

i am super excited about the new milestone that we reached this month guys we now make over 200 that's right 200 every single day in passive income so 365 days a year including weekends and holidays so once again guys it's time to unveil and review my entire uh income focused portfolio with you guys if you're new to the channel welcome the mission of this channel is to help everyday normal people invest on their own in order to build their own stream of passive income to enhance their quality of life and one day become financially independent so i'm i don't just talk about it i actually show you how to do it uh because i'm actually living the dream since 2019. so the video thumbnail guys is was not clickbait the numbers are 100 real and i will show you my portfolio from a to z so i get many many comments and emails from you guys telling me that you appreciate the openness the the honesty uh you know showing my entire portfolio pretty much every single month now something that many youtubers don't do myself on the other hand do it every single month so if you're watching this video make sure you're watching the latest portfolio unveil because i usually do an update every single month this video is number eight or update eight for august 2021 so i have a youtube playlist by the way dedicated to all my videos where i unveil my entire portfolio so if you want to check that out you could actually see my entire uh journey or my journey if you will so uh just a quick reminder guys a quick summary of my investment strategy and a few important uh details before i unveil everything to you guys so please listen to this part if you're newer to the channel as i cover many of the faqs here uh so this should answer a lot of them if you heard this all before if you're a regular you could skip to the portfolio and unveil of course with the help of the youtube uh chapters in the description below or in that the bar there the time bar so first of all i am canadian so almost all the funds and stocks in my portfolio that i'm about to show you are listed on the canadian stock market on the toronto stock exchange at tsx so the number one question i get from my american friends or people outside of north america is that they cannot find these stock symbols the stock tickers so i repeat these are canadian listed funds not u.s listed funds so not all international brokers or american brokers can access these canadian listed funds so if you're american or you invest in the canadian sorry in the u.s stock market outside of north america i wouldn't suggest investing in any canadian listed funds it doesn't really make sense for you guys because you would have to pay additional uh withholding taxes plus you guys have the best stock market in the world at your disposal the u.s stock market either the new york new york stock exchange or the nasdaq so for me it wouldn't make sense if you're outside of canada to invest on the canadian stock market right so um even though you're investing in the u.s stock market and not in the canadian market you could easily replicate my strategy my style of investing on the us market so i do have a playlist a youtube playlist where i discuss u.s listed funds that are adhered to my strategy the income strategy so if you're american or outside of north america make sure to check out that uh youtube playlist because that's where i discuss these us listed funds so um i not it's not to say that i don't invest in u.s listed funds i do have three of them or three funds in this main portfolio but the rest i hold in my retirement accounts which i'll talk about in a little bit also i offer a digital product on my website passiveincomeinvesting.ca for only 45 canadian dollars which includes all my years of research for the best funds designed for income or growth in canada and in the us so there's also sample portfolios in there guys for americans and canadians so i strongly suggest you pick it up if you like my investing style now a quick note about my investing style i am a long-term buy and hold income focused or income seeking investor so the primary objective of this strategy is really to generate high consistent and relatively safe passive income via dividends or distributions every single month so most if not all my returns don't come from capital appreciation or stock price upside it comes from the income that my portfolio generates so i know this is a hard concept for many of you to understand because all you ever see and read in the media is mostly basically growth right growth stocks capital appreciation buying low selling high whatever you want to call it but there is another way to make money with the stock market where you don't really care about stock prices my weight the income style so my portfolio primarily holds funds that invest in blue chip companies blue chip corporations and that use income enhancing strategies like leverage or the covered call strategy so they provide consistent income and the intent is really to hold them long term not to trade them or sell them later on at a profit right it's really to collect the passive income forever so this strategy enabled my wife and i to become financially independent in our mid 30s and 2019 so you could check out my financial freedom video if ever you're curious to see our whole journey there it's an older video but the information is still valid so my strategy might not be fun exciting or mainstream but i could promise you that it works you just need to stay focused and disciplined uh slow and steady wins the rat race also keep in mind i'm not against the more pro popular growth strategy where you could just buy the popular passive broad-based index funds from vanguard or ishares and i am not against the other popular strategy the dividend or dividend growth strategy where you hold either single dividend stocks or dividend-themed etfs this is simply the strategy that works best for me whether it's income growth or dividend or dividend growth they all work long term so four quick reminders guys before i show you everything from a to z number one this is my main portfolio and is made up of a combination of four investing accounts my tfsa account and my wife's tfsa account that's the tax-free savings account and our my cash account and my wife's cash account which is simply a regular non-registered account so the income these accounts generate is what we use to pay all our living expenses so the dividends and distributions are extracted every month and sent to our bank account which means we do not use the drip we don't use the dividend reinvestment plan also in terms of taxes obviously any income that comes out of the tfsa accounts is completely tax-free but the rest so the majority which comes from the cash accounts is taxed so we have no choice to pay the taxes there but because we contribute regularly to our rrsp accounts to our retirement accounts and because a lot of most of these funds are very very tax efficient uh the income essentially becomes tax-free for us in the end the rrsp guys is a very powerful tool in that regard to lower your income dollar for dollar also if you have no salary income a big portion of the investment income that you get from your cash accounts is immune to taxes or certain percentages so of course the amount varies the percentage varies depending on which province you live in um number two this portfolio does not include our rrsp accounts like i mentioned right so these are the rsp accounts retirement accounts are completely separate i have another video covering our two rrsp accounts in detail even though it's very outdated outdated and i i'm pretty much due for an update video on our rrsp accounts uh but stay patient i'll definitely make one in the coming month or two um so as you know these are why don't why do i keep them separate why they're not included is because they're retirement accounts so you shouldn't be withdrawing any of the money even though you can you shouldn't because it's subject to all kinds of penalties and withholding taxes that's really designed to grow your nest egg for later on that's why i don't touch that income so any income in those accounts it just gets reinvested manually basically so they're compounding number three i will quickly show you the four accounts the two tfsas two cash two cash accounts directly in my broker account so i will actually open my broker account and show you so you could see how my capital is doing right my account value even though it's definitely not the biggest concern of mine as an income investor and then i will show you my portfolio which is the combination of those four accounts in an excel spreadsheet uh and we'll go through each fund one by one we'll i'll discuss the funds if i made any changes if i made any additions etc etc last but not least guys you could download the spreadsheet the excel sheet which i'm going to show you for free on my website passiveincomeinvesting.ca so you just need to click on the free tools and resources link which is at the top of the website and it's the very first download so i know by showing you the excel you might it might be small but you could download it yourself and follow along if that makes it easier for you so without further ado let's check out my entire portfolio together [Music] alright guys so as usual let's get started with my cash account my non-registered account so as you could see the market value is just under 350k where my book cost is 274. so right now i am up um a little a little under 75k so 27 so just to show you that this is completely legit in real language and i'm doing this live on august 12th at 3 46 p.m the stock market is still open so when i hit the refresh you will see this number change right because the stock market basically prices change every single second so if i hit reset there you go oh there you go 75k i really honestly can't tell you how much i really don't care about this this number as you could see here this is the key here right unrealized so unreal this for me is unreal so this is just what your investments are worth on paper to actually realize this gain you would have to sell all your shares which i'm a buy and hold investor i don't sell anything this is why i tell you guys i really don't care about this number so i i definitely won't go through them you know all the holdings one by one in this account uh here because uh like i mentioned at the beginning i'll show you everything in the excel file which is a combination and includes this account as well so most pretty much on everything i'm up on right except for a few of these funds here but everything i mean is doing really well now because the stock market has hit all-time high so now let's quickly check out how my tfsa is doing so here's my tfsa account guys uh it's up only two thousand dollars but that's okay it's not something i care about so uh as you could see my investments are doing well everything is in the green uh that's just because the stock market is high so now that you've seen my accounts let's check out my wife's two accounts and then i'll show you everything in the excel file so here's my wife's non-registered cash account as you could see it's also in the green and pretty much everything is in the green except for uh these couple of funds here which two of the three are actually the only speculative positions that i have one in cannabis and a cannabis etf called hmju and a bitcoin etf as well so i'll show you that in a second uh the whole thing anyway so now let's check out really quick her tfsa account so here it is here's our tfsa account doing much better than my account i would say uh and now you could actually see all the contents in the account as well and once again they're all in the green so now it's time to show you the combination of the four accounts guys via the excel file so you could get a nice bird's-eye view of all four accounts combined all right guys here's the excel file here is the combination of those four accounts so this is everything guys and let me just go quickly explain the uh the columns here so the first column obviously is this the name of the fund right the name of the stock or the fund this is the stock symbol um and uh you know you could see that they're underlined right they're hyperlinks so if you just click on them they will bring you automatically to the funds website so that's this this is why if you ever you want to do research on some of the funds i have make sure to download my portfolio so you could actually click on the hyperlinks so this is uh column uh f here is the details so i usually put i like to put the sector and the region of the fund this is my investment so this is my uh how much money i put into this fund not how much it's worth right now but my investment uh the weight obviously the weight of the poor uh you know the fun compared to my portfolio so the higher it is the bigger portion obviously number of shares i have the book price per share so this is my share price or my average share price not the current share price this is also my yield or my dividend yield based on book price obviously the annual dividend so this is the annual dividend rate right per share and this is the annual income the corresponding fund gives me and the monthly income the corresponding fund gives me and of course this is all in canadian dollars even though i have three funds that are us listed they're all uh you know i modified the formulas so that they all you know everything is in canadian dollars here guys so let's go through each section one by one my income funds or close end funds then my etfs then my split share funds and i'll quickly go over my single stocks and single reits as well even though i don't have many of those left so close then funds first income fund first one is my og of my the og of my portfolio the canoe eit income fund this is the biggest closed and fund in canada in my opinion the best one managed by canoe a really reputable mutual fund company so this uh fund invests in dividend growth stocks in north america it's about 60 canadian stocks 40 u.s stocks a really really nice mix obviously a little bit heavier on the financials and the energy that's what the canadian market is so as you could see here from the weight it is one of my significant positions in my portfolio absolutely love it if you want to know more about this fund i have a specific video just on this fun so make sure to check it out the next two are my uh funds from quadravest that are not split funds so quadravest is a manager of split share funds which we're gonna check out later on but they actually have two funds that are not split funds dividend select 15 corporation and the income financial trust so ds focuses on uh canadian dividend stocks this is kind of like a little brother of their flagship uh split fund dfn so what i like about this one is that uh as well as inc dot you went in un is only financial stocks in north america so it has us and uh canadian financial stocks uh but it's only financials whereas ds although it has a lot of financials like the canadian banks it also has other stocks like bell and telus and bridge etcetera so what's really special about these is really the dividend policy uh they have a very unique dividend policy where it changes every month and it's based on the funds stock price so the higher the fund stock price goes the higher your dividend will be for that month and one fund that's gone completely bonkers is inc dot un because it's all financials and financials have made amazing gains in the last uh six to 12 months right all financial stocks have gone up so since this fund is only financials it skyrocketed so this is why i'm making an astronomical 23 dividend yield on it because my book price is 7.57 and right now the stock is like 18 so uh you know um right now this fund i even though it's doing really really well for me and i have an incredible yield on it i wouldn't suggest or be careful picking it up right now because it's trading at a humongous premium so although the fund the stock price is about 18 the net asset value or the value of the actual fund is actually less than half of that it's like at eight dollar under eight dollars so just be careful with this one but although ds is also trading at a premium it's definitely not as big so these two the dividend is really based like i said it changes every month it's based on the stock price and it's actually to find it you'd apply ten percent to the stock price so if the stock price is ten dollars let's say well the the annual dividend would mean it's one dollar right it's 10 of it so take one dollar divided by 12 and that will give you your monthly dividend so i also have a video on these two funds by the way if you want to know more about them next one is the first u.s listed fund that i have it's clm cornerstone strategic value fund so this for me is a really really cool fund on the u.s stock market and i love it so much that i decided to get it anyway in my cash account so i am paying a 15 withholding tax on the dividends but the dividend is so high that i'm still making 13.43 this is including the 15 withdrawal so clm really has big blue chip stocks in the us mostly and what makes clm special is that it has a very very aggressive dividend policy or distribution policy the fund manager gives out 21 of the funds net asset value out every year in dividends so every year the dividend is reset to 21 of what the nav is so it's very very aggressive very very high yield so because it gives out so much yield the if you look at the stock price it is on a downward trend so this is completely normal so if you like clm or uh or want to know more about it i also have a clm video so make sure to check it out last but not least fap one of the newer additions to the portfolio so this is a closed-end fund by aberdeen aberdeen very reputable management company and it focuses on fixed income in the asia-pacific region so thailand china australia japan so it has corporate and government bonds i'm not big on fixed income government bonds corporate bonds preferred shares but because this fund uses leverage number one it has a really really nice yield and because it was trading at such a big discount it's been a stock pick of the month for the last couple of months or the last month anyway i picked this one up so i'm making a really really nice yield here right now the yield since the you know turns out i was right the share prices just keeps going up uh and the but it's still trading at a discount i think it's a really good pickup right now guys and it will add some nice diversification to your portfolio so because i'm canadian i have a lot of canadian funds and i have a lot of you know stocks this is fixed income this is different and also asia pacific region which is pretty exotic pretty hard to reach for us canadians or americans as well so that's why i really picked it up because it gave me a little bit of diversification so now let's move on to the etfs my portfolios bread and butter all right so let's go through the etfs guys uh most of these and by the way there's a star next to each any fund that uses a options income enhancing strategy like the covered calls right issue so that's what the star means so i did make a change uh recently with my etfs i did sell and got rid of zwe the etf from that uh invests in european dividend stock so i'm not i didn't sell it because i don't like the fund i think it's a really good fund it's a good way to get exposure specifically to europe the main reason i sold it guys is because there has been a dividend decrease and uh it you know it also includes uh zwg which is the the the you know a similar style cover call etf from has global dividend stocks including u.s including europe including canada so i decided to swap zwe for more zwg so i i i sold it and i picked up some zw g shares and another thing i i swapped zwe for because i still wanted to keep some a very heavy european exposure is i put more in hutl so hutl focuses on utilities and telecom worldwide but it's like 50 percent europe so for me it made sense to sell zwe i put half of it of the proceeds in zwg and the other half in h utl but if you have zwe guys you don't don't feel pressured to sell it just because i did okay so let's go through them now zwc zwg so these are uh some of my favorite cover call etfs from which basically uh are region specific right so zwc has the canadian dividend stocks zwg has a global dividend stocks so it has us canada and europe but mostly uh us so these are really old jesus my portfolio here zwu focuses on utilities and telecom so this is one of my favorite defensive uh etfs i did recently add a little bit in here so um i'm up to 20k in this fun i really like utilities and telecom because for me everyone needs electricity everyone needs uh their telecom services right cell phone tv so this fun zwu holds the top north american utilities telecom and pipeline companies we're talking about bell telus rogers at t verizon we're talking about enbridge tambina pipeline and there's a couple of other pipeline companies in there but really the focus is on electricity and telecommunication so really really defensive really love this one zwk uh is where i get my us banks exposure so this is another cover call etf from which focuses on the big u.s bank so unlike canada where there's only six in the us there's like 16 or 17 or something like that so in here you basically have all the top u.s banks and i was lucky enough to buy it fairly cheap this is why i'm making a 10 yield on it right now but uh currently the yield on it is somewhere uh in the sevens right another thing i want to mention is that for zwc and zwe they have lowered the dividend uh from 11 cents the 10 cents in the last two months but i think it it's possible that it's still temporary this is why i still left the annual dividend for me at zwc at 1.32 i didn't lower to 1.20 just yet but if they do 10 cents a month for six months in a row then i would probably you know pull the trigger and actually put this at a dollar 20. zph the last one that i have from is really for me this is i consider it my safety etf it acts kind of like a cash savings account for me so this etf is unique because it uses a put option strategy versus a covered call option strategy so the etf itself does not hold any stocks it makes its money by selling put options on u.s stocks and everything else that it has is pretty much just short-term us government bonds or t-bill so this is very very safe it's meant for safety it's meant for stability but you still make a nice seven percent yield on it so i think of this like my cash account and i do have a video that i'm currently writing which will talk about this etf and other safety etf so stay tuned for that the next four are from ci global asset management i love these covered call etfs they are very high yield they're very aggressive with the covered calls they do at the money covered calls compared to out of the money that's what does so the yield is typically higher and they do them on sector specific funds so the only downside is that the the dividend is quarterly and it changes every month opposed to monthly so it is a pain in the butt a bit the track the income that you make you got you kind of gotta update the annual dividend every single quarter so fli focuses on the financial sector but no banks it's just the north american life insurance companies so it's the top uh north american life insurance company so um sun life manulife great west life in canada and then in the u.s you have seven of them a flak lincoln prudential met life etc so really really cool and unique fun because it's rare that you have specifically a life insurance life insurance exposure so this is why i like fli nxf is where i get my energy exposure so anytime i want to invest in energy if oil takes a dip or whatever i put my money in nxf so this focuses on 15 or at hold sorry 15 global oil and gas producers so we're talking about only the big guys here suncor canadian natural exxon mobil chevron bp total shell and some other ones from colombia and norway so really only the big guys here uh no no junior guys so this is where i get my energy exposure txf is where i get my technology my pure technology exposure so it holds 25 global technology giant so apple microsoft nvidia amd zoom snap etc etc all the best technology companies are in txf you get them all with one etf and it has a massive yield it's been really really good at giving out a good yield so as you can see this is actually my highest yield one 12 over 12 keep in mind they do fluctuate so this 12 could eventually go down with time cg xf is where i get my gold producers uh exposure so this has 15 of the biggest global gold and precious metal giant so we're talking about newmont barrick royal gold b2b gold yamana etc etc i don't know them all by heart but it's really the biggest ones here guys and i did drop five thousand dollars in this recently this is my most recent purchase so i did put five thousand dollars because materials is what's really lagging the stock market right now it's really what's weak and it makes complete sense anything to do with materials or commodities like gold and silver will lag when we're having a strong bull market in terms of stock so this is a really good pickup recently and i have a strong feeling that it will be one of the stock picks of the month for september so the next two are from harvest another one of my favorite covered called etf managers the first one is hhl for me it's the their best fund it's their biggest fun it's it's where i get my healthcare exposure so it has 20 of the biggest healthcare giants we're talking about pfizer johnson and johnson astrazeneca moderna abbott laboratory so all the best pharmaceutical and medical equipment companies in the world are in this etf and a really really good thing about it is that it consistently has a yield of over eight percent so i have nine but right now it's it's at eight and healthcare is defensive right just like zwu and hutl uh which i'll talk about in a second so this is why i have a nice chunk in this one here in healthcare hutl is for me zwu's twin brother because it also focuses on utilities and telecom as well as pipelines but unlike zwu which focuses on only north america this is global so half of it is europe so you have all the top telecom and electricity companies as well as a little bit of pipelines there's only two pipelines in here i think it's kinder morgan from the us and trp from canada so everything else is telecom and utility so really really solid seven percent yield here so hutl zwu you own those two you own the best utilities telecom pipeline companies in the world so i really like those two very defensive next one is a brand new covered call etf uh fund from hamilton etf so it's hdiv and this is kind of like a dream come true for me honestly and it's very very special and i have a feeling that it's probably going to be a rising star in my portfolio because it literally has seven it it's a fund that holds seven covered call etfs and it uses a little bit of leverage so the first dividend did not even come out yet but it will be declared at the end of august i'm actually in contact or uh you know hamilton etfs reached out to me because i recently made a video on h div and they said they really like the video so i might do a collaboration video with them soon i'm hoping so let's keep our fingers crossed so this etf or this fund holds seven covered call etfs so it holds zwb which has the six big banks zwu which i already own it has the 20 plus north american utilities companies fli which i already own as well the life insurance nxf own it already the global oil and gas producer hhl also have that that 20 health care hta so hta is kind of the equivalent to txf uh so it has the technology companies and then there's also hep which is the equivalent to cgxf by horizons which has the top gold and precious metal producer so this is really special because it's like a one-stop shop it's very very diversified and uh you know it has a lot of promise because the yield is supposed to have a target of 8.5 so very very excited about this i put a dollar 40 here but i don't really know what the annual dividend rate is going to be so i just put a dollar 40 because they targeted 8.5 for now idr is a real is one of the only etfs that i have that doesn't use the cover call strategy so this is real estate exposure guys that has the top reits in north america i prefer this to the more main free mainstream reit etfs from vanguard like vre or xre from ishares because there's a little bit more active management and the yield is a little bit higher so i nabbed it at 6.5 but i think now the yield is actually maybe under six uh and i like it because middle field is a really a real estate expert but middle field came out with another fund for real estate a split fund which i'll show you in a second and that is now my go-to place instead of idr but i i'm deciding just to keep idr for now even though i'm up on it significantly the next two are my other uh two u.s listed funds besides clm so qyld and ryld these are some of my favorite etfs of all time they're managed by globalx the brother company of horizons which is all owned by murray asset management a company in south korea so qyld and ryld have aggressive covered call policies they write at the money covered calls on a us index so qyld on the nasdaq ryld on the russell 2000. so check out my latest stock pick of the month i talk about ryld in detail there but qild is basically the most the biggest and most popular covered call etf on the us stock market so very very consistent 10 to 12 yield but because i hold them in a cash account i do have to pay the 15 withholding tax so my yields are a little bit lower 972 at 10 74 for ryld but hey i'm not complaining hmnj so this is the only i don't consider this an income play this is a speculative play that invests in the cannabis industry in north america so the reason why i actually have it here in my income portfolio is because the etf actually provides a quarterly dividend even though it's really really small so i actually trimmed the position down i had 14k but i reduced it to 10. so i sold a little bit and that's really to make sure i had uh some money to buy hd because i put 10 000 in hd so now let's move on to split share funds everyone's favorite high yield funds right let's go through them one by one all right guys split share funds my favorite some of my favorite funds of all time split share funds are essentially if you didn't know they're really covered call etfs with leverage and leverage is what is what makes them different from a regular covered call etf right so um let's go through them one by one the first two are from quadravest so they are a popular split share fund manager in canada and dfn is definitely their biggest and their best split share fund in my opinion their flagship fund so it invests in about 15 like the name says dividend 15 financial 15. so they invest in about 15 canadian dividend stocks really the best ones and uh they they haven't missed any dividends whatsoever uh recently they've only missed four out of 200 i'm sorry you can't really see it here let me just scroll so they missed in total guys the funds been out or been out since april 2004 and they only missed four out of 207 monthly distributions which is absolutely incredible all four were in 2020 during the covet 19 volatility volatility so very very solid fund for really high yield and consistency a really good way to get high yield with canadian dividend stocks financial 15 uh focuses on the financial sector like it like the name says 10 canadian financial companies 5 u.s financial companies so this one had a reverse stock split back in december 2020 so i actually lost 60 percent of my shares because of that but uh the when they do that the funds unit nav significantly significantly went up so right now this fund is actually i consider it safer than dfn the unit nav is much higher it's over 20 dollars so even with losing the with 60 of my shares i did add a little bit of money in here in uh you know earlier in the year i'm still making a 10 yield or almost 11 which is absolutely incredible so this guy did miss 34 out of 210 dividend dividends so it's still not so bad but uh you know and i have missed some myself so you could see the ones that i've missed here all during the volatility of colvin 19 because financials really took a beating um but right now i consider it fairly fairly safe split fund now moving on to the brompton one so lbs the first one from brompton is the big six canadian banks and the big four life insurance companies in canada so it's all financials really really high yield uh and um this one also has missed some dividends so it's missed uh 18 out of 176 total me personally i've only missed eight uh i think it's eight right yeah eight and uh they've all been in 2019 just like financial 15 right they because uh kovit hit uh financials particularly hard but really really cool split fund here very high yield only has financials and uh dfn or ftn lbs have recovered financially and they're really really high right now because financials have done absolutely amazing just like uh inc dot un right so they have the same type of exposure uh next one is sbc also a financial split fund but unlike lbs that has the big banks and the four life goals this only has the big bank so this for me sbc is my go-to when i want to invest in the big six canadian banks this is probably one of the safest splitshare funds of all time but the safer it is the less yield you'll get and it's safe i say safer because if you actually look at the track record it's pretty incredible so it's been around since november 2005. it only missed four dividends out of 187 and all four were during the 2008 financial crisis so in 2020 it has not missed any dividends even with the volatility so that just goes to show you how stable spc is so for me it's my go-to when it comes to the big six canadian banks gdb if i had to choose one split fund to invest in uh it's gdv so this for me is really the best split fund of all time because of its diversification so unlike all the other split funds i have they're a little bit more sector specific gdv is not not only is it regional diversified regionally but also in terms of sector so it has us it has europe it has canada and it has all sectors it's not focused only on financials financials is actually in second place uh technology is a number one exposure at 21 or something like that so definitely my favorite split fund of all time it's a little bit newer it came out in [Music] 2018 it hasn't missed any dividend so this is why they're green if if they're green it's because i personally have not missed any dividends if it's orange i have missed some dividends so really really awesome split fund well the most well balanced i have to say dgs is definitely the highest risk highest reward split fund it's from brompton and it's pretty much kind of the equivalent to dfn so it's very uh aggressive it's canadian dividend stocks a little bit more diversified than dfn it just doesn't have only 15 stocks it has a lot more but the unit nav is really close to 15 so this is a really high risk high reward fund and this is why i only have 5 k in it and i'm making an enormous 22 percent yield on it so this 5 000 investment has been making me 93 a month so so far i haven't missed any dividends but in the next stock market correction you could expect that this will definitely start missing dividends you can actually see from the history it missed 24 dividends out of 163 so not the worst thing in the world but you know it's definitely high risk high reward there pwi is a very unique and new split fund from brompton it focuses on sustainable power and infrastructure so we have split funds for financials mostly but there hasn't been one for utilities or green energy so this is another dream come true a very very very cool new split fund um so it's pwi the yield is only eight percent so it's not that crazy but this is a great way if you want to get in on the green energy stocks and have high yield but green energy keep in mind is not only what it has it also has other stuff like car companies and some telecom things like volkswagen volvo bell and telus either way not so bad right the last two are from middle field so ens i have a i'm writing a video on ens coming up very very shortly so stay tuned for that so ens invest in enbridge it's the only split share fund that i've ever seen that one has only one stock in it enbridge and two that's actually raised their dividend normally they're all set at a dollar twenty but this one would start at a dollar twenty and then they actually raised the dividend uh to a dollar uh fifty six so i have a couple of videos on enbridge and i meant to talk about ens so check that out if you're interested but this is where i get my enbridge exposure i have i'm very bullish on enbridge it's the biggest uh you know pipeline company in north america biggest energy company in canada so i have a nice chunk in your 25k which gives me a sweet a month rs so this is my new go-to for real estate it's the newer i would say an enhanced version of idr it's from the same uh company right the same fund manager middle field but the only difference is that it's a split share fund so it uses some leverage so the yield is a bit higher although right now the yield is only six and a half percent because like financials real estate has been the real winner lately real estate and financial so it's very very just like the the real mistake market going on in real life right property values are astronomical it's definitely a seller's market so this fund is really really high now uh so luckily i nabbed it at 1468 and i was getting i'm getting an eight point eighteen percent yield but right now it's something like eighteen dollars so you would get a six and a half percent yield and that's still the best uh thing for me right now uh to get real estate exposure because it has the best reits in north america so you don't have to buy individual reits you could just buy this fund so i know i didn't do it last month i briefly skipped through the single reits and single stocks that i have this is simply and i'll go through them this month just to show you guys so single read single stocks i only have 11 of them together now so they are not my bread and butter for my portfolio anymore i have been going away or from single stock single read selling a lot of them uh and the reason is is because they are the most at risk for cutting the income so i'm an income investor and during the 2020 crash uh back when my portfolio had over 120 stocks most of them were singles or half of it with single stocks in single read so a big lesson i learned is that uh stock market crashes really impact single stocks a lot more than funds so i've i've trimmed them down enormously but i'm left with 11 of my favorite ones pretty much and i'm not i didn't get rid of them because i'm up significantly on them so i don't want to trigger any capital gains tax but i figure it doesn't hurt just to keep a little bit so i'll go through them real quick one by one starting with the read so nexus wreath has been a huge winner recently it's been skyrocketing in price what i really like about nexus suite is that it's planning to become a pure play industrial read so industrial is very hot right now it's a very it's a more of a safer uh leg of the real estate market compared to retail or office and nexus street has been absolutely crushing it so my price was that is at 7 24 i think now at late it's almost at 12 so it's absolutely crazy and with a yield of just under nine i cannot complain so hopefully they uh you know i'm going to keep it because obviously the advance the disadvantage is the risk with the single stocks and single reits but the advantage is there's more of a possibility of dividend increases so the next one firm capital property trust i consider this one i think of it like a mini real can so it has a little bit of everything a bit of residential a lot of commercial but the commercial is mostly grocery anchored real estate so i consider it pretty safe and my favorite part about this one is that the absolutely incredible dividend increases they've been increasing their dividend by one or two cents for like seven years in a row so this is actually the lowest yielding single read that i have but i have no doubt they will continue raising the dividend or distribution but of course that is just my speculation there slate grocery read this is where i have my biggest weight so i really like it because like the name says it focuses on grocery anchored retail so you know grocery stores in the us so it's a great way for us canadians to get some of that real estate peace in the u.s uh and the dividend is really really good this is my highest yielding one and 9.53 so really really awesome and they too have raised the dividend and i'm expecting another dividend raise eventually slate office also from the same company slate grocery read and the last three by the way so slate office read true north commercial in novelist reed these are pure office reads so many office reads took a beating during covet 19 because you know everyone went to work from home so investors got out of office suites they made a big mistake obviously because office suites including these ones have stayed strong their prices have recovered and i actually added to my positions instead of being scared and selling them so i made really really good decision there but i'm not planning on adding any more 15k is definitely my limit i would say never say never but you know i can't complain with these yields that's for sure so slate office read is off properties in north america mostly canada they also have two buildings in chicago true north commercial read is pure office in canada all over canada what's strong about them is their tenants most of them are government tenants and very highly rated tenants same for a slate office suite as well they really have good tenant exposure a novelist read is all in europe so uh this one has been making waves some good news coming out for this one so i did put an extra 5000 in here like i said um in the uh in the earlier videos here so i did sell bgi.un in july and i did put 5000 in ens 5000 pwi 5000 and inno dot u n so i did add a little bit in inno dot un recently um because of the good news so i have a feeling don't take my word for it i can't promise but it'll probably be a stock pick of the month for september because it's uh there i like the the news that they release so we'll discuss it then in terms of my single stocks i only have five and these are basically my favorite five single stocks that i have left so diversified royalty which is a basically a company that purchases trademarks from various businesses their biggest partner is mr lube they also have air miles so they basically like the name of the company says diversify royalty they accumulate the royalties and distribute them in dividends to us the investor so this when a company is designed to give dividends it has my attention and diversified royalty had some really really good news recently they even they had cut their dividend from 23 and a half cents to 20 cents but now they re-raised it to 21 cents so i'm making a nice yield of over nine percent now i'm very happy about that bridgemark real estate services this company is actually owned by brookfield and they own royal lepage so rural la page is a big real estate broker here in canada so this company gives the royalties from the real estate brokers that work for royal apache to us the investors and it's also recovered really really nicely making a nice dividend yield the dividend has never been touched which is awesome decisive dividend corporation is a very very small corporation that buys small manufacturing companies in canada they have five of them right now and they you know i was attracted to them because of the name of the company decisive dividend i mean of course right but unfortunately they actually suspended their dividend drink over 19 from 36 cents to zero but they recently re-enabled it in april uh 24 cents but they're gonna i'm sure they're gonna put it back to 36 cents they said so in the latest quarter they're expecting to do that this year so when it goes back to 36 cents i'll change it here my yield will go from 8.82 to 13.24 so i'm pretty excited about that because my income will go up by about 30 or 35 so really really awesome a little company but it's very very small so high risk high reward right second last one exchange income corporation they kind of do the same thing decisive dividend does they buy manufacturing companies especially aviation companies and they give out the the royalties or the dividends to us the investors so this is a much much bigger company than decisive it's over a billion dollar market cap but i only have 5k here and i'm very happy with the 9.25 yield this i think the stock price is like a 40 or something and i nabbed it at 24. last but not least automotive finco so this is i only have 5k here this is another very small royalty type company they get royalties from financing uh car dealerships basically so very very small company very very high yield at 12.42 as you could see the dividend has not been touched so this was really pretty much the surprise of uh 2020 for me uh because they haven't touched their their dividend so absolutely incredible and these are my speculative growth positions guys just full disclosure to show you everything i do have some speculative growth positions i don't give any dividends so i have canopy growth i still have a thousand shares of canopy growth which i haven't touched for years and years uh i got it at six dollars and thirty three cents this the stock is at twenty three dollars so it's been taking a big hit lately especially cannabis along with all cannabis stocks but i'm really really long term on this i'm definitely not going to sell anything any canopy growth shares unless it goes to 50 a share and then maybe i'll consider it then i also have a hmju which is a leveraged cannabis etf kind of like hmmj that i have but leverage so it's even more risky it's even more volatile and it doesn't give income i am down on this one and i have a small 2 000 position in a bitcoin etf mostly for fun so that's about it now let's go through the totals guys so the grand total of my portfolio so this is my investment this is my principal what i put in it's 708 thousand dollars the actual value of what it's actually worth with all the capital gain increases of course they're unrealized it's over it's about 820 840 or something like that i don't really care though so on 708 that i put in my average dividend yield or distribution yield whatever you want to call it i think of it like my annual interest rate is at 10.61 so every year i am making 10.61 on my 708k just in income just in dividends and that translates to 60 to 62 a month so if you actually do 62 62 times 12 you get the annual if you divide it by 365 you get about 205 dollars and that that's my was my whole spiel of how i make 200 a day that's basically it so it's the truth total dividends that i've received a lifetime is i just passed the 100 000 mark which is cool so i've literally you know on 700k investment i made back 14.66 of that investment in dividends alone um stock uh type breakdown so you actually see the breakdown of my portfolio so obviously the bread and butter is really the etfs most of which are covered called etfs a nice chunk in split funds as well um keep in mind that no you know not all split funds are created equal you have some higher risk ones some lower risk one i consider my split funds in you know i have a lot more lower risk ones and higher risk ones but there is some risk there um income funds 15 and single reason single stocks now make up less than 20 percent of my portfolio so since i'm not investing any more in these i expect you know the percentage to go lower and lower and lower while these guys get bigger and bigger especially the etfs and you could actually that's the percentage of my portfolio but you could actually see the percentage of my income so here you could see the power of the split funds right of the high income they provide so although they only make up 29.27 of my portfolio this is where i get a third of my income so very very high yield stuff here so there you have it guys there is my portfolio come from a to z this is everything so there you have it guys my entire portfolio in black and white please show your appreciation please support me by hitting that like button i would really appreciate it it's free for you and it helps the channel grow so it's a win-win so if you're a long-time follower of my channel uh you can basically see that i own what i preach right i wouldn't feel comfortable suggesting a stock or a fund without owning it myself so keep in mind guys once again this is a pure income focused portfolio really designed for high income not capital appreciation or growth even though you will get some of it it's a strategy and style that really fits my personality fits my needs and we absolutely love it i mean this is what made us financially independent in the first place right at a relatively young age so like again i'm not against the growth style or the dividend style the important thing guys is that you really invest that's the important thing so if ever you want to know more about my investing style philosophy my thoughts on a bunch of topics um i do have a bunch of videos out there on the uh on on a bunch of topics i have a youtube playlist for all the videos that are associated with strategy and philosophy so make sure to check out my youtube playlist as always guys please visit our website passive income uh passive income investing.ca that's where you could access my digital product the ultimate dividend passive income investing package which i discussed in the intro which is basically all my years of research put in a bunch of spreadsheets so it's really a tool designed to help you get started and build your own portfolio it also comes with sample portfolios for both canadians and americans and right now i'm on version two and version three will come out very very soon and version three will have a lot more sample portfolio so the cool thing about this product guys you only need to buy it once it comes with lifetime updates so in case i come up with different versions you will have access to them for free also you could book a one-on-one a video consultation with me personally uh you know it's a zoom call on my website as well if ever you want me to you know review your existing portfolio help you get started answer all your questions i'm here to help guys so i know many of you love this one-on-one chat or one-on-one service that i offer i'm i i sell out all my appointments rather quickly so i'm completely booked until october so i i apologize for the delay but i'll let you guys know once the october schedule uh is open uh finally make sure you're subscribed guys so you don't miss out on my future content my future stock picks of the month videos my future portfolio unveils you could follow my investing journey with me so make sure you're subscribed because it's all designed to really help you on your own journey as well we're also on social media so we're on instagram we're on facebook make sure to join us there our facebook group keeps growing it's at 2300 members now so we have a nice little community where if you have any questions or concerns you could put those questions there and i'm really pleasantly surprised that everyone like a bunch of people replies to everything which is really really really cool i really appreciate that it's really awesome the mission of this channel guys remains the same to help everyday working people and everyday normal people to invest on their own to build their own stream of passive income to enhance their quality of life so with that take care guys stay safe please get your second dose as soon as you can and see you next time [Music] you

Channel: Passive Income Investing

Views: 61,799

Keywords: Passive income investing, how to make passive income, how to make money, how to be financial independant, how to invest in stocks, what is a dividend stock, Canada stocks, Canadian stocks, etf investings, dividend stocks with highest yield, what's dividend stocks, dividend stocks canada, dividend stocks in canada, dividend stocks on tsx, dividend investing canada, dividend portfolio, portfolio update, passive income portfolio, $200 a day passive income, dividend income

Id: W1Gf486ctoQ

Length: 55min 19sec (3319 seconds)

Published: Sun Aug 15 2021