Richard Orrell

The strategy protects you from interest rate moves. CBO offers 5 years. VGAB covers global bonds.

The strategy protects you from interest rate moves. CBO offers 5 years. VGAB covers global bonds.

He doesn't know this well nor the tax factor. GPIQ will give you income, but will reduce upside when the market rips higher. A gradual decline will offer some protection, but none in a sharp fall.

The yield is over 9%. He likes healthcare and HHL has a good chart. But he prefers the U.S. XLV, as well as the ZLV (for Canada). The NAV may be negative, but the distribution makes up for it. HHL has returned capital over time and done well long term. The stock price has declined over turn, but the return compensates for this. 

Is a core holding for him. The S&P has been great, though is slightly pulling back now. He's bullish after the U.S. midterms on tech, which is a high weight in the S&P.

Careful--the whole yield is not dividend. A big part of this actually return of capital, which makes him nervous. He prefers HCA, which overweights the main banks they have been underperforming and underweights those that best-perform. This outperforms XFN over time. HCA pays only dividends.

Careful--the whole yield is not dividend. A big part of this actually return of capital, which makes him nervous. He prefers HCA, which overweights the main banks they have been underperforming and underweights those that best-perform. This outperforms XFN over time. HCA pays only dividends.

It own Canadian treasuries but also sells puts to enhance the yield. Now, option premiums on fixed income are high. If you're on the shorter end, you're less exposed to duration, which is PAYS. He likes the enhanced yield and safety. He's intrigued by this.

He thinks this comprises individual, various covered-call stocks and uses leverage, which is no-go. He avoids anything leverage. This can be appropriate to delay tax liability, but you gotta know what you're doing.

He uses these balanced ETFs in smaller accounts. These ETFs do the rebalancing for you. But eventually, you want to invest in the individual building blocks instead of this single solution.

This screens stocks for high ROE, stable earnings growth and low leverage, which is good as interest rates increase. Still likes it a lot.

It's been under pressure from interest rates. It's focused on financials, less so on tech, so less volatile. He still likes it.

These hold very short duration bonds. It's been done, but he's still getting paid. He's sticking with it. It will recover when rates decline or stabilize.

Inflation, the costs of food are concerns. He likes this, but the timing is uncertain.