My Canadian portfolio evolved 🦋 🌼 Original: $CNCL, $HDIV, $HMAX, $HPYT, $HYLD, $LIFE, $NVHE, $QMAX, $UMAX and $YTSL. 🌹 Today: $BANK, $CANY, $EBNK, $HDIV, $HHIS, $HMAX, $HYLD, $NVHE, $UTES and $YTSL. I focused on diversification, underlying exposure and income sustainability. A little over a year ago, I started my investing journey buying 20 high-income covered-call ETFs: 🇺🇸 U.S. ETFs $QQQY $IWMY $USOY $ULTY $RDTE $LFGY $CONY $MSTY $AMZY $PLTY 🇨🇦 Canadian ETFs $CNCL $HDIV $HMAX $HPYT $HYLD $LIFE $NVHE $QMAX $UMAX $YTSL Since then, I’ve changed my strategy quite a bit. 🙅♀️I sold all 10 U.S. income ETFs: QQQY → sold IWMY → sold USOY → sold ULTY → sold RDTE → sold LFGY → sold CONY → sold MSTY → sold AMZY → sold PLTY → sold I used the proceeds to buy VT, replacing the U.S. covered-call ETFs with a broad global equity growth position. The result today is roughly: $60K in 10 Canadian income ETFs ➡️ my income experiment The rest ➡️ growth-oriented investments with a 10+ year investment horizon: 🇨🇦 $XEQT 🌎$VT 🇺🇸$VTI ‼️Looking back, this was an exceptionally favorable 12-month period for many of these funds. Several produced very strong total returns. I need to see what happens during a bear market, and this portfolio hasn’t experienced one yet.
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1 Comments
Shiv Theyagamurti@shivster22 · 7d
Might be worth adding $EASY and $PAYG for some good international exposure. Some good companies in there for diversification. Also like $SPXE for potential upside and a solid dividend.
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