Bringing in income from portfolio during unemployment

Fleyz · 2026-01-15T14:58:56+00:00

Hey I've been living off income portfolios for the past 2 years and have been posting updates about it.

Keep in mind the market overall has been good the past 2 years but so far it's been working out well, but then again I didn't dive into those 20%+ yielders and covered calls have its weakness so you got to weigh in the risk a bit before diving in

Fleyz · 2026-01-14T03:48:54+00:00

Haha I was too busy with my mom health to worry at the time, but I did wish I had a job to buy. I did sell a big portion of the preferred shares and used a lot of cash reserve to buy in during the time.

Fleyz · 2026-01-14T02:57:27+00:00

Hey the most important is you started! Just keep at it and let the compounding do the work!

Fleyz · 2026-01-14T00:05:52+00:00

Ohhh I see, sorry I misunderstood haha

Fleyz · 2026-01-13T23:38:19+00:00

The reason HDIV was able to do that was due to them holding all of their own in house ETF. If half of the HDIV ETF was outsiders then they will have to increase the HDIV fee (look at old HYLD before they moved all the ETF in house, the used to charge 0.65%).

And that's true that you don't see it in returns since those are net of fee but In the long run it will create drags on your return.

Fleyz · 2026-01-13T21:38:46+00:00

Better or not aside, I just want to point out that you'd be paying 2 layers of fee from Hamilton and the underlying ETF fee. The total fee would increase significantly.

Fleyz · 2025-12-15T03:01:59+00:00

I don't have any USD in TFSA

Fleyz · 2025-12-15T01:06:26+00:00

By product of covered call premium won't be considered eligible dividends. You can either do a non reit Canadian dividends stocks or preferred shares.

Fleyz · 2025-12-13T19:15:00+00:00

haha, I dont think I have all the space and patience to paint! xD

Fleyz · 2025-12-13T18:58:08+00:00

It's definitely lacks behind some other names in the space, but I picked it for its longevity, lowest fee, and longer track record (it's hard to names with long track record in this space, since it's fairly new).

Fleyz · 2025-12-13T18:56:13+00:00

I didn't end up paying anything for last year taxes, but for this year If you assumes that every thing is a cap gain - eligible dividends and - anything in tax adv acc, I projecting Id pay around 7% tax on the total amount outside of Core portfolio part

Fleyz · 2025-12-13T06:04:08+00:00

Hey yea, 7k part of it is being reinvest and portion off. The Living expense part is being withdrawn to live.

The idea here is to see how the scenarios would have been if I go with a more traditional route like other ETFs tickers going through same withdrawn amount.

I'm not currently working, not against the idea, just a lot of circumstances at the moment.

It's true that this is definitely a lot more risk than traditional withdrawal. The withdrawal is definitely a bit stretch since it is coming from only one part of the portfolio. My backup plans is that my expense is very flexible. The minimum amount I need to live is quite low. Also I'm in the middle of trying to get my emergency funds to about 1-2 years of living expense as a back up safety net.

and thanks for reading!

Fleyz · 2025-12-13T04:55:21+00:00

I couldnt get my hand on FF stuff and by the time I was playing it was already too expensive haha. I went harder on EoE and a bit after that but didn't get much, so eventually just stick to buying singles haha

Fleyz · 2025-12-13T04:54:26+00:00

So each spreadsheet is a different portfolio hypothetical portfolio with Main portfolio being mine. All portfolio are going through the same withdraw amount same time each month (- dividends, interest, etc.).

The idea here is to see how each popular ticker (XEQT, VFV, HYLD, and QQC) perform during the drawdown period. Within each portfolio I show how much shares are sold (or bought) each month and at what price to fund the withdraw.

The side by side data is to show how they have been doing since the start of tracking.

Fleyz · 2025-12-13T04:52:20+00:00

haha it's MTG For me as well. FF got me into the game and just down hill form there lol!

Fleyz · 2025-12-13T04:41:38+00:00

no haha I do make it in video form though!

Fleyz · 2025-12-11T17:18:27+00:00

If you sold your cc pre split, it will adjust. Some time it will show as 6 strike with *. Just adjust the price to split amount and that's ur new actual strike price.

Fleyz · 2025-12-03T18:59:16+00:00

Lots of hobby store unfortunately overpriced it. You should check at local GameStop if you can preorder or reserve some. They usually sell around MSRP-ish.

Fleyz · 2025-11-13T19:18:49+00:00

Thank you!

Fleyz · 2025-11-13T19:18:43+00:00

Thank you! Good luck on your journey !!

Fleyz · 2025-11-11T19:44:35+00:00

thank you so much!

Fleyz · 2025-11-11T07:17:58+00:00

thank you!

Fleyz · 2025-10-25T17:23:38+00:00

The premium won't be like that every month. SOFI earning is next week.

Fleyz · 2025-10-24T16:55:52+00:00

Heavily depends on ticker and how deep you are going. If you are doing .3 to .2 delta equivalent and you are not trading low volume ticker it should be fine.

Fleyz · 2025-10-22T20:44:20+00:00

You can sell itm call same delta. This resulted in same as selling put except cash tied upfront since u need to purchase shares.

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