RE:RE:RE:Bossu's strategie..and an offer to SargeX..Not sure if this comment is directed at me or Bossu so I'll give you my opinion.
As always, an investing strategy is very personal and each to his own. I generally don't like ETFs at all. ZWB is an exception because it is only the 6 big Cdn banks and has a covered call strategy. The current yield is around 6.9% so it is significantly higher than the individual banks. We really only care about dividend income and not total return so this fits well.
I don;t like ETFs as I want way more control over what stocks we own. There always seems to be a couple companies in every ETF that I don't like.
The yield on an ETF is quite often lower than the indivudal companies and you don;t seem to get the same divy increases. I actually did a market value weighting of the VDY holdings and the yield you get is a full percentage ower than if you just held the individual companies (see below). Also, the VDY payment varies each month (which is total cr*p).
Lastly, there still is a MER attached to every ETF.
Ciao
Sarge
Yield check on VDy from Aug 8, 2022. VDY = 3.87%, weighted avg of individs = 4.81%.
| Ticker | | Pct | | Yield |
| RY | | 13.52 | | 4.11 |
| TD | | 11.75 | | 4.28 |
| ENB | | 8.42 | | 6.16 |
| BNS | | 7.02 | | 5.26 |
| BMO | | 6.14 | | 4.35 |
| CNQ | | 6.05 | | 4.45 |
| TRP | | 5.01 | | 5.69 |
| SU | | 4.96 | | 4.81 |
| BCE | | 4.41 | | 5.78 |
| CM | | 4.22 | | 5.11 |
| MFC | | 3.31 | | 5.58 |
| T | | 3.02 | | 4.65 |
| SLF | | 2.65 | | 4.57 |
| FTS | | 2.22 | | 3.56 |
| NA | | 2.17 | | 4.06 |
| PPL | | 1.91 | | 5.43 |
| QSR | | 1.50 | | 3.67 |
| POW | | 1.36 | | 5.83 |
| SJR.B | | 1.24 | | 3.42 |
| EMA | | 1.21 | | 4.39 |
| AQN | | 0.89 | | 5.04 |
| GWO | | 0.65 | | 6.26 |
| ALA | | 0.58 | | 3.74 |
| KEY | | 0.49 | | 6.13 |
| PKI | | 0.41 | | 3.85 |
| CPX | | 0.40 | | 4.64 |
| CU | | 0.36 | | 4.43 |
| BTO | | 0.35 | | 4.63 |
| QBR.B | | 0.34 | | 4.28 |
| GEI | | 0.27 | | 5.99 |
| ACO.X | | 0.25 | | 3.97 |
| IGM | | 0.22 | | 5.94 |
| INE | | 0.20 | | 3.68 |
| CSH.UN | | 0.20 | | 5.37 |
| CIX | | 0.19 | | 4.99 |
| RNW | | 0.13 | | 5.19 |
| LB | | 0.13 | | 4.33 |
| SPB | | 0.13 | | 6.37 |
| RUS | | 0.12 | | 5.43 |
| NWC | | 0.12 | | 4.37 |
| WT AVG | | | | 4.81 |
1condor wrote: Wouldnt you agree that this could be accomplished by using ETF's. Personally, ETF's account for 90 percent of my porfolio which is geared towards high divvy/income. The remaining 10 percent is used to pick up individual and out of favour stocks such as my latest pursuit of AQN (which has more downside)..