New Investment Choice in Canada: Covered Calls on NVIDIA, Microsoft, Amazon, Eli Lilly

Purpose Investments has similar funds called Yieldshares, MSFY, YAMZ, APLY etc. Glad to see there are more options. I've always liked Harvest.

ETF firms moving in to individual stocks with covered calls, what could go wrong :):):)

I wonder what the MER is on these new ones!

Great interview. Funny thing is that I have these new Horizon ETFs planned for next Tuesday's video. You beat me to the punch lol.

Where's Adrian???

HTA I'm and this looks like an interesting idea too. Geezer needs income to screw off to Mexico from Trudeau woke land.

Purpose investments are already doing this, how does Harvest different than what Purpose is doing?
What are the advantages of switching from Purpose?

Do they have a launch date?

I have the purpose Tesla stock YTSL. Would rather have a basket of these stocks as having only one company still carrying higher risk and the reason I only own the Tesla fund YTSL. Hold it in your TFSA

I prefer SMAX over HHIS because the former doesn't use leverage so it's less risky. Also SMAX covers more than just 4 stocks and writes options on 30% so there's growth potential for the remaining 70%.

Not a fan of covered call ETFs. The dividends are tipically high, but the share price usually goes sideways or down over time and they're often more volatile than the general stock market. Considering your net total return over all, you'd probably be better off investing your money in an S&P ETF, in my experience.

This channel has just become an ad channel for harvest and bmo etf , no original thought , they just want to pivot and run their business of blossom by promoting ETFs and getting commission out of it. Seriously disappointed

What would happen if Harvest, as a company, fails? I understand that changes are minimal, but how would Canadian investors affected? We are entrusting these companies with our hard-earned money.

Why not buy ur own stocks and sell covered calls on them? What am i missing here?

Thanks very much for this, Marc. Would it be fair to view these funds as sort of the beginning of the YieldMax™concept in Canada? I feel it would be wise to wait as much as a year to see how these progress. I jumped into AMZY a couple of weeks ago.

Too bias for me...unfollowed thank you.

thank for the video !~

covered call earnings - capital gains - is this something fairly easy to put on taxes ... like a T5 issued that includes that on a certain line? .... or ??? dont want too much extra work/complications for a 5-10K investment (via Scotia i-trade)

what are expected yields they are hoping for and how about an all in one ETF

i dont mind the Ad of Harvest. this is still very good knowledge. i just hope Paul was being truthful with everything he said.
Thanks again for the great video Marc

What is divident yield on these

I do this myself on Amazon and msft; along with spy.

Just do it yourself as the covered call strategy is the easiest options strat to learn. I can choose my own strikes and not have to pay a MER.

Great information. Thanks for the video and coverage of new products.

Thank you for this info.

Curious, if I were to buy one of these Harvest ETF products in USD in my TFSA, would there be a 15% withholding tax on the distributions? Or does the fact that it's in a Canadian trust avoid this withholding tax?