Bot some today @9.33Looking to build an income Portfolio to replace a GIC that matured
The most I could get on renewal is 5% for a 5 year GIC… and bank interest is 100% taxable
Thinking I can make a 7 – 7.5% yield …. plus get the Fed/Alberta Dividend tax credit (Canadian Companies)
Buying Covered Call ETF’s like ZWC, HDIV and this one HLIF
Thoughts?