Today was Harvest's payday. I got paid $2,948.37 based on $0.1 /share distribution. After re investing my $MSTE distributions I now have 31,109 shares with an average cost price of $8.13 now. I have surpassed my original target of 30,000 shares. Next target is realistically 35,000 shares of MSTE hopefully by the end of this year depending on how the price of MSTE moves. For now my Capital Loss (on paper) is still negative $196,000 🙈. Thanks to @canadianinvestor he pointed out an error in my total return calculation. I have rectified it while responding to his comment, you can have a look at it below. Once the distributions are included my total return is -$150,200 This will recover eventually when $BTC /$MSTR recovers in 3 yrs times and reach new ATHs. I am patient and waiting for a great recovery. So far $MSTE has paid me $48,839 in distributions that have all been reinvested back into $MSTE You can see the numbers for proof in the attached screenshot. Pls do not follow what I am doing, you have been warned. I am just documenting my journey here and being transparent with proof. It's fun showing the winners but losses are also part of investing too. Invest wisely and stay blessed. Mitigate risk according to your own risk tolerance. Congrats to all those who got paid today. read more
I’ve been using my income funds to help pay for my vacation to Poland 🇵🇱 I have what I call the Four Horsemen and they are $OVL$TDAQ$GPIQ and $QQQI / $XQQI and a few satellite positions! Not Financial Advice!
Arrived in Toronto on Tuesday for busy week leading up to Friday night's big PII VIP event tomorrow! Every day busy... FOO FIGHTERS concert Tuesday. Group of us met with Harvest team Wednesday. Group of us met with @maxstocks in his spacious office downtown... then the Evolve TMX market close event....
Yesterday was the main reason I flew from Winnipeg to Toronto this week... as much as every one of the 4 days here was crazy busy with so many valuable meetings conversations connections. Last night was the big PII VIP night organized by Erica and @adrian_pii , in a posh Toronto location in the historic toronto exchange building. The guests were from the PII private member community (~100), invited influencers that could attend like me, and of course a long list of the whos who of companies that produce income investments. The panels were great with each sponsor... the food and drink were 5 star classy! But the most valuable was meeting so many fellow income investors and direct personal talks and with reps from the etf companies. i only posted a few of my pics... i am sure others have far more. Thanks to Erica and Adriano, the volunteers, and sponsors for making it a memorable experience last night... this morning... boarding my flight back home! no place like home!
Hey everyone that follows me or interacts with me here in Blossom. Today I decided to make a branding name change on both my YOUTUBE and BLOSSOM identity. And I wanted you all to be aware in case some of you think after I change it - that someone is trying to copycat my account. THEY ARE NOT - THIS TIME. It's LEGIT! So... over the past year, my youtube has grown substantially and the ecosystem of everything i create in my YouTube channel and even my persona here in Blossom has become bigger than just ME - PERRY. my "PIIVERSE" brand has become the identity of my entire INCOME INVESTING STRATEGY videos, posts, and talks. As such, I have already made the change in my YouTube (from the old PERRYPII) and now here in Blossom (from the old PERRYF) an aligned handle of PIIVERSE. My YouTube channel now looks like https://www.youtube.com/@PIIverse and my Blossom handle is now @piiverse Transition is never easy but making this name change to PIIVERSE and aligning it across channels is strategically important. SO..... WELCOME TO THE PIIVERSE :)
My newest monthly portfolio reveal is LIVE! 🎥 I’m officially 26, and my portfolio is now generating over $2,500 a month in income — and it just hit a NEW ALL-TIME HIGH! 🤯 In the video, I break down my current holdings, portfolio income, performance, and how everything is looking this month. I’m excited to keep documenting the journey toward financial freedom and sharing the good, the bad, and everything in between. https://www.youtube.com/watch?v=bD5uweTRsIM Thanks for all the support ❤️read more
A lot of people are afraid to invest in $HHIS because the distribution is high. And honestly? You should respect the risk. High income doesn’t come for free. You have to be comfortable with volatility, changing distributions, and the possibility that the ETF price can drop. But that’s where investing gets emotional. 😰 When the price drops, fear tells you to sell. 🤗 When the income keeps coming, greed tells you to buy more. 🧠 Your job is to stay disciplined and understand WHY you invested in the first place. The potential reward? Strong cash flow and the opportunity to reinvest those distributions and compound your money. $HHIS isn’t for everyone. But if you understand the risk and have the patience to hold through the ups and downs, the reward can be meaningful. Investing isn’t just about picking the right ETF. It’s about controlling your emotions when the market tests you. Stay patient. Stay disciplined. Let the strategy work. 💪📊 read more
2 years ago I I ONLY invested in Index funds and Value Stocks. Today, I invest in Index Funds, Value Stock AND Covered Call ETFs like $HDIV and $TSPY . What changed my mind? Well interviewing basically every CC ETF influencer definitely helped, but it also had ALOT to do to with reducing stress by adding another income stream, I break it down in this video: https://www.youtube.com/watch?v=1DNOP2ysxN4
A lot of you asked me to take a closer look at $BIGY, so I did just that. In this video, I break down BIGY’s performance so far, some of the recent changes to the fund, and where I personally stand on it going forward. BIGY is still a relatively young fund, so I think there’s a lot we still need to see play out 👀 Is BIGY living up to the expectations? Watch here 👉 https://www.youtube.com/watch?v=ws0tP371dko And if you’re holding BIGY, I’d love to hear your thoughts. Do you still like the fund after the recent changes?read more
I was accused of cherry picking my data about Return Of Capital when talking about covered calls in my recent posts. Truth is, I am still trying to learn as much as I can about this topic and I am just sharing what I am learning. But maybe they were right..... so lets dig into the data..... I looked at the 100 most bought ETFs here on Blossom using the Markets section and separated out all of the covered call ETFs. That left me with a list of 28 covered call ETFs so I built a chart that listed each ETF's distributions over the past 24 months or since inception, and compared it to the Total Return. This is the strategy used to figure out if the Distribution is eroding the Net Asset Value. Basically it means your money is just coming back to you in order to maintain the distribution yield if the total return is less than the distribution. This is not good and would be considered a bad form of ROC (Return of Capital) because you are basically paying fees for somebody to send your investment back to you. Here are the results: Over the past 24 months or since their inception date, 11 out of the 28 Covered Call ETFs have had destructive NAV and Bad ROC meaning that they are just returning your money back to you. MSTE (TSX) – Harvest MicroStrategy Enhanced High Income: -91.5% Total Return | 158.2% Annualized Yield (Since Inception | Destructive ROC Gap: +249.7%)* MSTY (US) – YieldMax MSTR Option Income Strategy: -74.2% Total Return | 94.5% Annualized Yield (Since Inception | Destructive ROC Gap: +168.7%)* ULTY (US) – YieldMax Ultra Option Income Strategy: -42.8% Total Return | 88.6% Annualized Yield (Since Inception | Destructive ROC Gap: +131.4%)* TSLY (US) – YieldMax TSLA Option Income Strategy: -38.5% Total Return | 54.4% Annualized Yield (2-Year History | Destructive ROC Gap: +92.9%) CONY (US) – YieldMax COIN Option Income Strategy: -12.4% Total Return | 68.2% Annualized Yield (2-Year History | Destructive ROC Gap: +80.6%) TSLY (TSX) – Harvest Tesla Enhanced High Income: -8.1% Total Return | 32.5% Annualized Yield (2-Year History | Destructive ROC Gap: +40.6%) YTSL (TSX) – Purpose Tesla Yield Shares ETF: -2.5% Total Return | 31.2% Annualized Yield (2-Year History | Destructive ROC Gap: +33.7%) HBTE (TSX) – Harvest Bitcoin Leaders Enhanced Income: +14.1% Total Return | 34.8% Annualized Yield (Since Inception | Destructive ROC Gap: +20.7%)* HHIS (TSX) – Harvest Diversified High Income Shares: +11.2% Total Return | 30.1% Annualized Yield (Since Inception | Destructive ROC Gap: +18.9%)* PLTE (TSX) – Harvest Palantir Enhanced High Income: +32.6% Total Return | 34.2% Annualized Yield (Since Inception | Destructive ROC Gap: +1.6%)* ETHY (TSX) – Purpose Ether Yield ETF: +18.2% Total Return | 19.1% Annualized Yield (2-Year History | Destructive ROC Gap: +0.9%) BTCY (TSX) – Purpose Bitcoin Yield ETF: +24.8% Total Return | 21.8% Annualized Yield (2-Year History | Sustainable ROC Gap: -3.0%) ENCL (TSX) – Global X Enhanced Cdn Oil & Gas: +21.5% Total Return | 12.4% Annualized Yield (2-Year History | Sustainable ROC Gap: -9.1%) NVDY (US) – YieldMax NVDA Option Income Strategy: +68.5% Total Return | 58.5% Annualized Yield (2-Year History | Sustainable ROC Gap: -10.0%) QQCL (TSX) – Global X Enhanced NASDAQ-100: +28.4% Total Return | 11.8% Annualized Yield (2-Year History | Sustainable ROC Gap: -16.6%) QDAY (TSX) – Hamilton Enhanced Technology DayMAX: +38% Total Return | 19.5% Annualized Yield (Since Inception | ROC Gap: -18.5%)* QQQI (US) – NEOS Nasdaq 100 High Income ETF: +32.2% Total Return | 13.6% Annualized Yield (2-Year History | Sustainable ROC Gap: -18.6%) BIGY (TSX) – Evolve US Equity UltraYield ETF: +33.5% Total Return | 11.2% Annualized Yield (2-Year History | Sustainable ROC Gap: -22.3%) UTES (TSX) – Evolve Canadian Utilities Enhanced: +31.0% Total Return | 8.5% Annualized Yield (2-Year History | Sustainable ROC Gap: -22.5%) USCL (TSX) – Global X Enhanced S&P 500 Covered Call: +35.8% Total Return | 10.5% Annualized Yield (2-Year History | Sustainable ROC Gap: -25.3%) ECHI (TSX) – Ninepoint Enhanced Canadian HighShares: +36.2% Total Return | 10.1% Annualized Yield (2-Year History | Sustainable ROC Gap: -26.1%) YNVD (TSX) – Purpose NVIDIA Yield Shares ETF: +58.4% Total Return | 28.4% Annualized Yield (2-Year History | Sustainable ROC Gap: -30.0%) HDIF (TSX) – Harvest Diversified Monthly Income: +41.0% Total Return | 10.2% Annualized Yield (2-Year History | Sustainable ROC Gap: -30.8%) ZWC (TSX) – BMO Canadian High Dividend Covered Call: +38.5% Total Return | 6.3% Annualized Yield (2-Year History | Sustainable ROC Gap: -32.2%) HYLD (TSX) – Hamilton Enhanced U.S. Covered Call: +46.2% Total Return | 12.0% Annualized Yield (2-Year History | Sustainable ROC Gap: -34.2%) BANK (TSX) – Evolve Canadian Banks Enhanced Yield: +48.5% Total Return | 10.2% Annualized Yield (2-Year History | Sustainable ROC Gap: -38.3%) HMAX (TSX) – Hamilton Canadian Financials Yield: +51.2% Total Return | 10.9% Annualized Yield (2-Year History | Sustainable ROC Gap: -40.3%) HDIV (TSX) – Hamilton Enhanced Multi-Sector: +59.8% Total Return | 10.8% Annualized Yield (2-Year History | Sustainable ROC Gap: -49.0% | Best ROC) It looks like single stock ETF's generally have the worst ROC of the bunch. Seems like they take the full downside when a stock falls and the options limit the upside in exchange for cash flow. Broad Multi-Sector funds targeting 8-12% distributions seem the most sustainable as they provide both upside in appreciation but also sustainable distributions that do not erode the fund. The best overall performers were HDIV HMAX HYLD and BANK As far as I can tell it looks like almost half of the most popular covered call ETF's on Blossom are sending your own money back to you..... with fees and sometimes taxes..... And I can't find a single ETF in this list where the covered call version has outperformed the same asset without covered calls. I love the idea of income, especially if it is needed for monthly expenses but it just makes me think that what we really need is for Wealthsimple and Questrade to launch an Automated Withdraws feature in a way that would give investors a similar result without the fees and upside limits of Covered Call ETFs. What are your thoughts? If you could setup automated withdraws in a way that worked similar to receiving a distribution from a covered call ETF would that be an appealing option to covered call investors? What am I missing? PS. If someone (including me) is wrong about something, kindly point out the mistake and the correct information. Dont be a prick. **Updated to correct for QDAY read more
What is the most recent stock you added to your portfolio? Let me know in the comments! 👇 Personally speaking, mine was Rollins ($ROL). I started buying it about a couple months ago and have been DCAing into it every week since then. So far, it’s still a relatively small position, but we’re coming up on 100 shares. I’ll probably try to double that before I consider it a “full” position, at least based on my portfolio size as it currently stands.
I just received the third round of distributions from my new income portfolio and here’s the stats for month 3: $HHIS - $363.95 $HBTE - $33.24 $CLSA- $29.47 $UTES - $21.93 $BANK - $19.37 $HDIV - $16.23 $QDAY - $14.04 $CMCL - $7.45 Pending Payments ($BIGY,$QDAY,$CMCL) - $107 Total = $612.68 The goal is to grow this number to $1000/m by the end of the year. Do you think I can do it? 🤔 read more
I had to big cheques clear today so I decided to make 2 big buys. These buys alone add around $200 to my monthly distributions pushing me close to my goal of $1000/month of dividends. My Buys For The Day: $BIGY - 250.5 Shares @ $15.97 = $4000 $HHIS - 267.6 Shares @ $11.20 = $3000
Ouch! Decent day of red in the portfolio to kick off the new week. Looks like the whole market is down though. What were your best and worst performing stocks today? Let me know in the comments! 👇
After selling SHPE for a gain I bought RDDY while it was under $5 to average down my book cost. Someone challenged me that I was over confident and $RDDT wouldn’t recover. Remember it only takes a little good news to sway market sentiment. I sold my $RDDY in the green taking advantage of such good news. I sold $SHPE and $RDDY to de-risk my portfolio, moving away from single stock ETFs and buying ETFs that hold approximately 20 stocks. In the words of my good friend @piiverse I sold some juicers and bought some boosters.
If you are not aware, today is the Ex-Dividend Date for $BIGY$CANY$INTY$EASY$SIXY$QDAY$SDAY$CDAY$BDAY$HPYE$HPYB$CMCL$SVCL. That’s why you could see the decline in share price today as the money is taken out from the NAV for Distribution. Pay Date for all of the above is Aug 21st Pay Date for $ECHI on Aug 20 Pay Date for $PAYG$PAYU$PAYI on Aug 24th Note: If you are purchasing any of the above today, you won’t be getting distribution this month…
