I am grateful for @paulsantori for taking time out of his day to chat about margin usage. Then I realized I didn’t talk about the most important mistake. There were times I couldn't withdraw cash out of of my wealthsimple margin during the entire weekend because I experienced margin calls that required me to sell some shares or I made big changes to my portfolio. This happened on several Fridays for me. The buying power was there to buy more investments, but the available to withdraw amount was still zero until the next business day or 2. I make it a goal not to make purchases on my credit cards while I am using alot of margin relative to my collateral. I also like to make up to 2 withdrawals a month to try to fit my budget for the month. If I need to make big changes to my porrfolio, I just have to remember withdraw cash to another account before making changes.
* Covered Calls strategy only on the 25% leveraged/borrowed amount internally (income generated via writing Covered Calls on either VOO [for SDAY & CDAY] and QQQM [for QDAY]). * Daily covered calls. Expired at the end of the day (252 times a year ). Full growth on leveraged funds (VOO, QQQM) in the market closed time. * 100% Growth on the portfolio. * Semi-Monthly Distributions (Yield between 17-19%) * Not even a single holdings repeated between 3 ETF's. Total 25+36+25=86 individual holdings Allocated 30% in our Potfolio (10% each)read more
Every week this month I'm running a free live session on how to re-write your mortgage, pay it off years sooner, and turn it into a wealth-building tool instead of just a 25-year debt. Link in bio to register. Here's our schedule for August: Wed August 5th at 7PM: The Smith Manoeuvre, how to make your mortgage tax-deductible and build your net worth faster. Wed August 12 at 7PM: Rental Cash Damming, the rental-income strategy most landlords have never heard of. Monday August 24 at 7PM: The Smith Manoeuvre, how to make your mortgage tax-deductible and build your net worth faster. Wed August 26 at 7PM: Rental Cash Damming, the rental-income strategy most landlords have never heard of. Live Q&A after. Recording sent to everyone who register.read more
What happens when you borrow $112,400 on margin and let HHIS do the heavy lifting? 🤯 I tested 3 real strategies over 46 months, and the income + equity difference is shocking. 📊 Watch the breakdown — the math will surprise you. 🔥 https://youtu.be/kjxz3H_mf-Qread more
YTD 🔵 My Portfolio: +15.53% 🟢 S&P 500: +10.13% Since Inception — July 13, 2023 🔵 My Portfolio: +96.88% 🟢 S&P 500: +72.27% When I started tracking this portfolio in July 2023, I set myself a simple long-term goal: double the portfolio every 5 years. Just over 3 years in, the portfolio is now up 96.88% - getting very close to that first double well ahead of schedule. Of course, markets can change quickly. There will be corrections, bad years, and periods where I underperform. Three years is also a relatively short measuring period. The goal hasn’t changed: own great businesses, stay disciplined, and let compounding do the heavy lifting.read more
July came to an end on Friday. During this long weekend, I wrapped up the mobth and put together my PIIverse Income portfolio review! https://youtu.be/AL_DLxEduNU
📊 Portfolio move update! I sold 189 shares of $QQQI and added 210 shares of $XQQI. Using their latest monthly distributions: 💰 $QQQI: $0.6346/share 💰 $XQQI: $0.8772/share If those payouts stayed the same, this move would increase my passive income by about $771 per year. 📈 I'm focused on the bigger picture and growing my income stream over the long haul. Not financial advice.read more
$AMZN becoming a $10T company sounds impossible to many investors today. But the market has underestimated Amazon before. UBS projects Amazon could reach around $1.7T in revenue and $500B in net income by 2030. If those numbers become reality and the market assigns a 20x earnings multiple, that implies a potential $10T valuation. The bigger story is that Amazon is no longer just an e-commerce company. AWS remains a critical player in the AI infrastructure race, advertising continues to scale, and AI-driven automation could improve efficiency across the entire business. The question isn’t whether Amazon can grow — it’s whether investors are underestimating the size of the opportunity ahead. Of course, long-term projections require execution. Margins, competition, and capital allocation will determine the outcome. But when you own companies building platforms for the next decade, the upside can surprise people. $AMZN remains one of my favorite AI-era mega-cap compounders.read more
Math is math. You cannot spend more than you earn forever, and the same principle applies to income funds. A fund cannot indefinitely distribute more than the total return generated by its portfolio without eventually eroding its capital. This is where much of the criticism of income investing comes from. The belief that someone who has not saved enough for retirement can use high-yield investments to make up the shortfall. This is not an argument that income investing does not work, it clearly does, and plenty of investors have been successful using income strategies for years. It is an argument that the underlying savings requirement does not magically shrink just because the yield is higher. Growth and income strategies are often trying to accomplish a similar goal: converting accumulated capital into cash flow an investor can live on. A growth investor generates cash flow by receiving modest dividends and periodically selling shares. An income investor receives larger distributions directly. But regardless of the mechanism, the cash flow a portfolio can sustainably produce still depends on the capital deployed and the total returns that capital generates. One of the appeals of income investing is that the investor may never personally press the sell button. But that does not mean selling is not happening. A covered call fund may collect dividends and option premiums, sell portfolio assets, close or roll option positions, realize gains and losses or, when physically settled calls are used, have shares called away through assignment. The investor may not be the one pressing the sell button, but the portfolio still has to generate or release enough value to support the cash being paid out. This is especially important with covered call funds because the strategy has a structural asymmetry: the option premium provides only limited protection when markets decline, while the calls can cap part of the portfolio’s upside when markets rise. This is one reason many income investors diversify across different types of funds and income sources rather than relying entirely on equity-based covered call strategies. Some people might promote the idea that you could invest a much smaller amount of money, say $200,000 in a covered call fund, collect approximately $5,000 per month and enjoy the same income as someone who saved $1 million. What they often leave out is that part of the distribution may need to be reinvested. Why? Over time, the portfolio must generate enough total return to support withdrawals, fees and the desired degree of inflation protection. Otherwise, the investor will gradually consume capital. That may be acceptable when it is intentional and built into the retirement plan, but it is dangerous when the investor believes the entire distribution can be spent indefinitely. A 30% yield may look attractive, but if the fund’s NAV continues to decline, the income it produces may eventually decline as well. If the distribution is based on a percentage of the fund’s value, a smaller asset base produces a smaller payment. Even when the distribution remains fixed, maintaining it may require the fund to consume more of its remaining capital. It does not matter whether you use a growth portfolio or an income portfolio. If your portfolio generates a total return of $60,000 for the year and you withdraw $70,000, the additional $10,000 has to come from somewhere. You are spending down your capital. A growth investor may make that decision directly by selling more shares. An income investor may pay a portfolio manager to make a similar decision on their behalf. With income investing, the decline can be harder to recognize because the investor is not personally selling anything. The fund handles the mechanics behind the scenes while the investor simply sees cash arriving in the account. That can create the illusion that the entire distribution is income, even when some of it may be coming from realized gains, asset sales or a return of the investor’s own capital (ROC). Outside of tax-sheltered accounts, this creates a hidden drag. While ROC isn't taxed immediately, it reduces your adjusted cost base (ACB), creating a looming tax liability that will trigger larger capital gains when you eventually sell the fund. With standard growth strategies the investor controls when to sell assets and realize taxes, whereas high-yield funds force taxable distributions onto your lap. That is the greatest lie in income investing: the belief that a high distribution rate can replace the need to save sufficient capital or generate adequate total returns. It cannot. A 30% distribution is not the same thing as a 30% return. The distribution tells you how much cash is being paid out. Total return tells you whether the portfolio actually earned that money. Income investing can be a useful way to structure cash flow. It can reduce the need to sell shares personally, make retirement income easier to manage and provide a more predictable stream of cash. But it does not change the underlying mathematics. Whether you sell shares yourself or the fund handles the selling behind the scenes, the portfolio still has to generate enough total return to support what you withdraw. Otherwise, eventually, the money runs out. read more
Morgan Stanley: “60%+ of enterprises use open-weight models as part of their stack.” The key takeaway is that open models are not replacing the AI ecosystem — they are expanding it. Many enterprises are adopting open-weight models for specific use cases where speed, security, customization, and frequent deployment matter. The AI race is becoming more diversified: $NVDA — powering the compute layer $MSFT — enterprise AI adoption $GOOGL — models, cloud, and AI infrastructure $AMZN — scalable cloud AI services $META — open-source AI ecosystem The future likely won’t belong to only closed or open models. The winners may be the companies enabling businesses to build, deploy, and scale AI efficiently. As enterprise AI adoption accelerates, demand for compute, cloud capacity, and infrastructure should continue growing. The AI story is evolving — not slowing down.read more
🔒Ex-date Tuesday💰Paydate Wednesday $WPAY is now $TOPW since couple of months $TOPW$0.207141 Last week : $TOPW$0.231020⬇️ 2 weeks ago : $TOPW$0.309598⬆️ 3 weeks ago : $TOPW$0.296788⬆️ 4 weeks ago : $TOPW$0.158426⬇️ 5 weeks ago : $TOPW$0.287082⬆️ 6 weeks ago : $TOPW$0.207966⬆️ 7 weeks ago : $TOPW$0.162150⬇️ 8 weeks ago : $TOPW$0.289088⬆️ 9 weeks ago : $TOPW$0.241192⬇️ 10 week s ago : $TOPW$0.290375⬇️ read more
Coming Soon: Kurv Equity Option Income ETF $KEO. Available August 5th Built as a fund of funds, KEO seeks to provide investors with the potential for weekly income while offering diversified exposure to Kurv's Single Stock Enhanced Income ETF lineup through a single, actively managed ETF. Learn more: https://www.kurvinvest.com/etf/keo
$FIZY starts trading tomorrow! Get ready 👀 @fitz_keith has spent four decades watching investors chase trends that fade and ignore companies that endure. $FIZY, the Fitz-Gerald Must Have Portfolio and Options Overlay ETF, is what happens when you stop chasing and start selecting. $FIZY is a concentrated portfolio of large-cap leaders with the kind of market position that holds up across cycles, with an options overlay seeking weekly income on top. Tomorrow, it's yours.
