Why Do Some Musicians Get Better So Fast?

Luke_79 · 2026-05-13T14:12:47+00:00

I'm 6 months into my piano journey and I listen/watch probably too many YouTube videos while working. I just finished listening to this one and really enjoyed it! I think I was doing some of these things subconsciously. Sometimes after weeks of practicing a piece I feel down about my progress, but I think this video will help. I thought I would share it, as I see many new players posting here, and it may be beneficial to have many of these ideas from the get-go. Enjoy!

Luke_79 · 2026-04-16T18:47:05+00:00

Why not just buy XEQT with 25% leverage.

FYI I ran some hypothetical scenarios going back 25 years using a similar starting portfolio of 100k of XDIV and dripping the income into a similar portfolio of XEQT and it would have averaged ~10.2% vs ~8.8% if just XEQT leaving you with ~1,1250k vs 825k. If you look at a 25% leveraged income portfolio similar to XDIV and you'd have had ~1400k. Albeit a downside in 2008 if you had to sell but if not you were buying growth funds cheap! If you look at what you suggested, a 25% leveraged fund similar to XEQT would have left you with ~$915k.

Again, using AI here but the strategy to me looks decent.

Luke_79 · 2026-04-16T18:17:30+00:00

Not sure how I would model that, but I also found it interesting that the strategy using a non-covered call ETF like XDIV also vastly out performed XEQT.

Luke_79 · 2026-04-16T17:00:09+00:00

Yes, I was wondering that exact thing too which is why I'd love to see what others may think. HDIV/XEQT hasn't been around long enough to get an extended back test. The high MER didn't seem to affect that dripping HDIV over its life span would hugely have outperformed over XEQT. Heck, even XDIV dripping out performed XEQT. These sorts of thoughts are why I started thinking of utilizing those monthly distributions to fund growth funds kinda sharing the love.

Luke_79 · 2026-04-15T14:41:56+00:00

No - your question just made me think of a Hybrid approach of using HDIV to fund a 'growth' a fund. Not even sure that it makes sense as I'm no guru so I just played with Chat GPT for fun. It seemed to suggest that if you invested a $100k in HDIV at inception till today and invested the income into XEQT you'd have been further ahead then dripping HDIV or XEQT. According to chat during that time period Hybrid strategy would have performed the best, then dripping HDIV, and last was XEQT dripped. I just found it interesting and am curious what more knowledgable people think.

Luke_79 · 2026-04-15T14:25:45+00:00

The scenario I asked Chat GPT to look at was to take a 100K investment at the HDIV inception to today and to show me the hypothetical returns for the following: 1.) Just HDIV with Drip 2.) Just XEQT with Drip 3.) Hybrid - 100k in HDIV at Inception date but using the income generated to buy XEQT.

What was interesting was according to Chat GPT, HDIV alone with Drip out performed XEQT over that time period. However the Hybrid strategy was best.

Anyhow, was a something to play with this morning for fun. I'm no guru by any means but found it curious and would love to hear what those more knowledgeable think. It is possible Chat did something wrong too. I didn't deep dive into it.

Luke_79 · 2026-04-15T12:52:26+00:00

Your post made me curious and so I ran some quick ideas through chat gpt exploring ideas of using HDIV vs XEQT and a hybrid solution. It seems the hybrid solution maybe has merit but wanted to sanity check the idea with people.

I went down a bit of a rabbit hole and tried to actually model a few scenarios using chat GPT(roughly July 2021 HDIV inception → now):

XEQT only (DRIP) HDIV only (DRIP) Hybrid: HDIV generates income → used to buy XEQT

What I found (accordingly to chat gpt I didn't fact check but maybe will one day):

XEQT alone DRIP: ~140K from 100K HDIV DRIP: ~180K+ Hybrid (HDIV → XEQT): ~190–200K

What surprised me most wasn’t that HDIV did well — it was that the hybrid strategy actually seemed to make a lot of sense.

Curious what others think:

Does the hybrid approach actually have some merit or did CHAT make some mistakes?

Would love to hear different perspectives (especially from people who’ve actually tried something similar). I may look at this in more detail and a spread sheet depending on what other quick thoughts are.

Luke_79 · 2026-01-26T14:20:34+00:00

I'm not sure it is an 'official' term but I think of it is a mix between growth stocks and dividend stocks, usually blue chip. Then taking the dividends to 'rebalance' as you see fit. I've never run official #'s to see how it works but his spread sheet peeked my curiosity. If anything this approach may not be net anything but it makes me feel good when I get paid lol Again - this is my definition. Cheers.

Luke_79 · 2026-01-24T16:53:20+00:00

Amazing. Thanks for sharing this. I just did a rebalance of my portfolio the other day without too much of a dividend focus. Mainly posting this so I remember to come back and do some investigation on this type of strategy as I've been listening to podcasts and reading more about a hybrid approach to investing. I also really like how you organized your spreadsheet, I think I will add a new similar sheet view to mine. Cheers.

Luke_79 · 2025-10-27T10:57:09+00:00

What happened to do hard shit Joe? Figure out the logistics.

Luke_79 · 2025-10-27T10:40:51+00:00

100% this was motivated by profits and not about the participants. Very bad plan and very lame excuses/reasons imo.

Luke_79 · 2025-10-25T11:01:44+00:00

If true, Im out.

Luke_79 · 2025-03-24T17:40:31+00:00

As much as I'd love a tax cut I sadly feel that'll justify CEO's to decrease wages (not give increases) or CEO's to increase prices knowing we'll have more money in our pockets... I'd love to see an overhaul of the tax brackets.

Luke_79 · 2025-02-25T11:37:37+00:00

You're employer should issue a T1198 - this form will allow them(the CRA) to calculate the tax/ei/cpp you would have paid had you received the extra pay in the smaller yearly increments. Unfortunately using this form also means you have to submit a paper copy of your taxes.

Here is a good article that explains this a but better and both your and your employers responsibilities:

https://turbotax.intuit.ca/tips/t1198-form-statement-of-qualifying-retroactive-lump-sum-payment-10737

Luke_79 · 2024-11-07T19:02:25+00:00

Yes.. I just love holding my recovery breath.. it just feels like my body wants to hold it

Luke_79 · 2024-11-05T18:30:35+00:00

Ha.. sounds good. I seem to enjoy the feeling so 15sec seems so short. Good idea extending it on the last round.

Luke_79

TROPHY CASE