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Hamilton Utilities Yield Maximizer ETF T.UMAX



TSX:UMAX - Post by User

Post by Jeremy4on Nov 07, 2023 1:37pm
376 Views
Post# 35721885

First investment

First investmentNew to Stockhouse and brand new to investing. I am only a young dude at 30 and my wife and l focused on buying a piece of land and building a small home for ourselves. Thankfully our mortgage not that huge as we did alot of work ourselves was renewed for a 5 year term at 2.75% 2 years ago. W e felt that now was the time to enter the market and after alot of study decided on UMAX and invested our first $10000 .We felt that the exposure to generation . Transportation and Telecoms was the right place to be to begin. Since these stocks are very interest sensitive and l saw on BNN that the BOC is looking at cutting in April 2024 . It should be a great entry point.And to cap it off . We get our first dividend payment in a few days.. We are looking forward to putting more to work and are looking at adding or buying an Energy ETF. Reading some previous posts it seems ENCC would be a good contender.??
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