It was so fun interviewing Mike from Dividend Stocks Rock. He shares his wisdom as a former private investment banker on how to hedge your stock portfolio in Canada in high inflationary environment, how to build a dividend growth portfolio in canada, dangers of split shares and covered call etfs and so much more.
Timestamps:
Intro (00:00)
#1 Dividend Stocks in Canada (02:50)
#2 How to Protect yourself in a High Inflationary Environment? (07:53)
#3 Rising Interest Rates and Canadian Stocks to Watch for (15:13)
#4 High Yield Stocks In Canada & Passive Income (17:50)
#5 Free Resources from Dividend Stocks Rock Bonus (26:14)
WATCH NEXT:
○ 3 Top Long Term Growth Stocks to Hold:
○ Revealing My Stock Portfolio:
○ Revealing My $96K+/year in Real Estate:
○ 3 Dividend Stocks to Hold Forever (Taxfree):
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About Tracy Ma, host of Financial Nirvana Mama:
I help Canadian investors, business owners, professionals who are action takers go from self doubt to confident in building multiple streams of income & wealth so that they can ultimately live their BEST LIFE.
I’m Canadian, former environmental engineer turned real estate & stock investor, featured in Huffington Post, Canadian Real Estate Wealth Magazine, AOL Finance and much more. But mainly I’m a wannabe dancer, fitness enthusiast and mother of twins.
My 1st ‘aha moment’ was when I killed my student loans after slaving away at 3 jobs, 70+ hr weeks, and BURNING OUT. I changed my life by investing in real estate & stocks while holding an engineering career, young family (twins) and life. At 35, I built a 7 figure++ legacy so I left engineering + gov’t golden handcuffs to live life on my terms.
My #1 goal is to help you GAIN time freedom using real estate, stocks & life hacks
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DISCLAIMER:
This video is for entertainment purposes ONLY.
I am not a financial advisor. You (and only you) are responsible for the financial decisions that you make….(read more)
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
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HOW TO INVEST IN SILVER: Silver IRA Investing
What's your favorite Canadian Dividend Growth Stock?? Mine is TD Bank.
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What about a product like HYLD? What is your guys take on that?
Love t his channel
Hey Tracy! thank you so much for this opportunity, It was a fun video! Fellow investors, let me know if you have any questions about dividend investing 🙂 cheers!
I think the current inflation will peter out in the next couple years. This is why long term bond yields are not rising very much. The great inflation of the 70s started in the mid 60s and went for nearly 20 years into the early 80s. I entered the workforce in the middle of it. Anyway, I won't touch split share capital shares but I do have a couple of split fund preferreds as a fixed income alternative; Financial 15 preferreds pay 6.5 points and you would need a 50% market crash in financials that wipes out the Class As before your 10 dollar units are affected at all. I also have Middlefield REIT split perferreds, RS.PR.A, paying 5 points. They are effectively a 1st mortgage so to speak on the split's REIT portfolio with an ultraconservative LTV of maybe 35%. It would take a total real estate collapse for RS's preferred share unit value to take a haircut. I like CC ETFs because I am convinced we are in for a decade of economic stagnation as the world is forced to deleverage, and call option writing will outperform straight dividend growth going forward. I have a gold ETF, HGY, that writes calls on GLD bullion units. Cash flow from gold still with decent spot price exposure. And my MICs. As interest rates go up, the MIC cash flow rises with a one year lag as the short term mortgages get rolled over. They are like ultra short term junk bonds, except the bonds are secured by real estate instead of corporate vapour. Relatively safe for the yield. But the biggest inflation hedge I've made is deferring CPP/OAS until age 70. This will make a significant part of my income stream CPI protected and guaranteed into my 70s and 80s.