Weekend Reading – Top Canadian Dividend ETFs
Hi Folks!
Welcome to a new Weekend Reading edition, on the subject of Top Canadian Dividend ETFs along with other Exchange Traded Fund considerations for your portfolio.
You can find an updated post on that subject right here and a brand new YouTube video on our channel here about that!
In case you missed a few recent posts I’ll link to them below:
Can you really retire on just $500,000?
Well, you can depending on your lifestyle but even then that might have longevity risks and more.
Read on for my take below.
No, regardless of what some experts write about I do not believe Dividend Investing Is Dead.
More Weekend Reading – Beyond Top Canadian Dividend ETFs
Related to my own theme, good alignment by MoneySense: they highlighted a few different types of ETFs to consider as you build your own responsible low-cost DIY portfolio. My favs from their list:
- Core ETFs – such that diversification can be achieved by holding Canadian and/or U.S. and/or international equities for growth in many cases.
- Asset Allocation ETFs – these are all-in-one solutions packaged by investor risk. I’ve flagged my favourites in a post below.
- Sector ETFs – you can purchase ETFs that only hold stocks from a certain sector, like banking or energy or tech. As I age, not a huge fan of these but I get the appeal. Besides, if you own any part of the U.S. S&P 500 these days it’s basically a tech index now so you get your tech sector concentration by investing in the U.S. stock market.
- Dividend ETFs – yes, great for a blend of income and some upside growth as well. I cover that in our post and video!
These are some of the Best All-In-One ETFs to own.
Over at Cashflows & Portfolios, we built a new free, CPP Calculator.
Please try it out and let us know your thoughts as we continue to test it – we think it works pretty darn well.
I had a 20-something email me recently on suggestions for her portfolio, including buying at all-time-highs. Here is a good reminder from the oldie but goodie file from Dividend Growth Investor for starters.
Given the first $100,000 invested is the hardest, some sage advice here:
“The third lesson is about the power of compounding. It is a small trickle at the beginning. Once you invest for a while, the power of compounding becomes a wonderful force, which keeps accelerating net worth and investment income. You investment capital snowballs into enormous amounts the longer you keep it invested, and do not interrupt the compounding process.”
So when it comes to buying at all-time-highs (like today) in your asset accumulation years, I say just do it – just keep buying.
Why?
Because the market goes up >70% of the time. I like those odds with compounding.
Post reference:
Have a great weekend and I hope you are enjoying your summer!
Mark
