Hi Eric, what do you think about high dividend covered call ETFs?

I have always followed this rule when investing "KISS" it. I know it sounds funny but that phrase means "Keep It Simple Stupid" and that's been my approach towards the financial market. I've been investing in the same stocks monthly for the past 3 years XEI.TO and VDY.TO , broad indexes dividend ETF as I still consider myself a NEWBIE. But recently my finger has been itching to get into high dividend covered-calls ETF as supplemental income wise it looks attractive but I'm also aware that there's not much growth. So I want to know, do you KISS? Yes or no, AND do you have a high dividend covered-calls ETF in your portfolio?

I am not a materialistic person (can't say that about my wife and kids) But I am not into fancy cars nor clothes. Maybe the fanciest thing I have is my iPhone from 5 years ago. So I always wonder - what's the purpose of making a lot of money? And what would I buy? My friends around me would suggest a lambo But I am not a big fan of that. After months of searching, I've found what I want to buy - freedom. Currently, my wife is still working as a Chartered Professional Accountant, which can be quite demanding at times. It would be great if I can replace her income partially or fully to allow her to spend more time with the kids. That's an expensive thing to buy But also a very worthwhile thing to buy. It will cost approximately the asset -> generate cash flow equals or greater to her existing income Then she can enjoy the fruits of our labour. Cheers Eric --- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In May, I’m helping 5 people to become better at investing through Investing Accelerator. During the free strategy call, you can discuss which area of analysis you need the most help with (finding discounted stocks vs generating income). You can discuss your knowledge on options (and whether or not you are looking to learn a specific option strategy e.g. covered calls, cash secured puts, spreads) We can identify if you would benefit from the techniques covered in the program from technical, fundamentals to buying / selling options We can also discuss the tax advantages / disadvantages of using different retirement / investing accounts for each strategy. If you are interested, you can schedule a free strategy call here to see if you are a good fit. Schedule a free call

I often hear the younger generation says "the boomers had it easy. You can pick up a job, support a family and easily buy a house with low prices" Now the market is a lot more difficult We need degrees, large down payments etc to have the same lifestyle as before Instead of whining about it, the real question is - what are the boomer type easy opportunities today? If we look back 40 years from now, what are some obvious opportunities we cannot miss? Now - answering this question is not so easy, is it? Because we don't have the same hindsight as we attribute to boomers. But here are my best guesses: 1. Bitcoin - Limited in supply. The anti-government money 2. Semiconductor - The next 10 years of AI race will be based on chips and power 3. Solar / Nuclear power - To fully support the AI race, oil and coal wouldn't be enough. We need solar or nuclear power. 4. SpaceX type company - SpaceX is going IPO soon with a crazy valuation. Likely a ploy for insiders to dump shares at insane prices. But reusable rocket type companies will be the driver of next frontier innovation 5. Robotics / drone - Mostly China developed robots where it would automate manufacturing significant.​ What do you think? ​ Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In May, I’m helping 20 people build a retirement cashflow strategy using options. The 2 strategies you will learn in Investing Accelerator: 1. Long-Term Investing with Options → Find discounted blue-chip stocks → Use options to multiply your profits 2. Monthly Passive Income Strategy → Generate monthly cashflow from your portfolio by selling options → Designed to generate cashflow for retirement If you are interested in learning more advanced investing strategies, you can schedule a free strategy call here to see if you are a good fit

9,000 Microsoft employees did everything right. Top schools. FAANG resumes. $200K salaries. Still got replaced by a line item in an AI budget. Senior engineers. Directors. PMs with FAANG resumes and 15-year careers. The memo called it “voluntary retirement.” Nobody volunteered. Here’s the part nobody’s saying out loud: Microsoft is cutting humans to pay for AI. The same people who built the company are now funding the technology that made them unnecessary. No performance review saves you from a budget decision. This is what the AI transition actually looks like. Not robots. Just a reallocation of spend ------------------------------------------------------------------------------------------------------------------------------------------- Meta, tells its staff that it is laying off 10% of its employees in a push for "efficiency." This is roughly ~8,000 employees who will be laid off. The ongoing impact of AI.