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Vanguard FTSE Cdn High Div Yd.VDY.TOPAST TOP PICKJun 08, 2017Stock price when the opinion was issued
As of Oct 15, 2026. Market Open.
Better places to be. Dividend growth is more interesting than high dividend payers, especially in an inflationary world. He wants companies that grow their dividends more quickly, even if the dividend is lower to begin with. A rising stream of income offsets a rising cost of living.
Take a look at RDVY.
As long as you have 4-5 years before the home purchase, you can be in an equity strategy. Equities can be volatile.
For Canadian exposure, VDY or XEI makes sense -- high dividends tend to do well in Canada. Lots of options in the US, but he'd stick to equal-weight (not market-weight) ETFs. S&P 500 is still 45% tech and communications, and that's a bit risky at this point. Consider RSP.
For European exposure go for a broad-based approach such as in VIDY.
Resources required to build those data centres and energy sources are booming. That's why Canada is doing so well. Broad diversification and a good dividend yield. Canadian dividends are eligible for the tax credit, so it's more tax-efficient if outside a registered account.
Sees a broadening of the market rally after a very strong few days. Rotation out of tech into other names.
(A Top Pick May 2/16. Up 17%.) Has used this as an income surrogate where some people do not want to sell their principal and just want dividend income. This is ultimately Canadian equities and are going to need to have some volatility. Has significantly lightened his position in this.