The Beavis Wealth Podcast

The Beavis Wealth Podcast

By Brandon Beavis, Marc BeavisBusinessEducationInvesting
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The Beavis Wealth Podcast episodes

  • GDP Growth Falls Short - Will This Tip BoC Rate Decision?

    📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/

    In this episode, Canada's GDP growth misses expectations, prompting potential interest rate cuts by the Bank of Canada. The economy grew at an annual rate of 1.7% in the first quarter, below the forecasted 2.2%, with fourth-quarter growth also revised down. This crucial GDP report influences the Bank’s imminent interest rate decision.

    Also in this episode:

    🛏️ Lower rates might spark a surge in the Canadian housing market, but affordability challenges remain.

    ⛽ Algorithmic collusion is leading to higher prices at the gas pump, raising concerns about digital price-fixing.

    ✈️ Air Canada pilots seek federal intervention amid stalled contract negotiations, aiming for better pay and conditions.

    Thank you to our Sponsors:

    Visit BMOETFs.com today and find out more.https://www.bmogam.com/ca-en/products/exchange-traded-fund/bmo-balanced-etf-zbal/

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    -----------

    Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy Follow Us On Blossom ➤ https://getblossom.page.link/brandonInstagram ➤ https://bit.ly/3OechghTikTok ➤ https://bit.ly/3PlNvfwLinkedIn ➤https://bit.ly/3RLndF7Website ➤ https://www.beaviswealth.com-----------

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    The above affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances.

    Business Inquiries: [email protected]

    -----------

    Beavis Wealth Disclaimer:

    The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.

    -----------

    BMO Disclaimer:

    This content is sponsored by BMO Exchange Traded Funds.

    This content is intended for information purposes only. This content has been prepared by Beavis Wealth and represents its assessment at the time of publication. Beavis Wealth is compensated under this arrangement by BMO Exchange Traded Funds. The content contained herein does not necessarily represent the views of BMO Global Asset Management. The views expressed herein by Beavis Wealth are subject to change without notice. The content contained herein is not, and should not be construed as, investment advice to any party. Any securities described herein must be evaluated relative to the individual’s investment objectives and risk tolerance, and professional advice should be obtained with respect to the individual’s particular circumstances.

    The views expressed herein by Beavis Wealth regarding a particular company, security, industry, or market sector should not be considered as an indication of trading intent of any investment funds managed by BMO Global Asset Management. Any reference to a particular company is for illustrative purposes only and should not be considered as investment advice or a recommendation to buy or sell nor should it be considered as an indication of how the portfolio of any investment fund managed by BMO Global Asset Management is or will be invested. This social media network is an independent organization and is not affiliated with BMO Global Asset Management.

    BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.

    14 min
  • Canadian Banks Report Mixed Q2 Earnings | TD, BNS, BMO & NA

    📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/

    Watch the YouTube version here:  https://youtu.be/Ivvip701SGw

    Get your Ticket for an upcoming meet and greet close to you!Toronto - https://www.eventbrite.ca/e/908390940757?aff=oddtdtcreatorNew York - https://www.eventbrite.ca/e/908525984677?aff=oddtdtcreatorMontreal - https://www.eventbrite.ca/e/908528361787?aff=oddtdtcreatorCalgary - https://www.eventbrite.ca/e/911412207447?aff=oddtdtcreatorVancouver - https://www.eventbrite.ca/e/911416911517?aff=oddtdtcreator

    Register now to hear Jeremy Siegel and Rob Wessel on June 19th: Date: Wednesday, June 19, 2024Program Start Time: 4 PM ESTRegistration Link:https://harvestportfolios.webex.com/weblink/register/rcd9ebc2a0a064a2e4e8a96ffc195aa0a

    In this episode, we explore the latest earnings reports from Canada's biggest banks, which show a mix of profit declines and resilience in the face of economic pressures. Higher costs and increased provisions for potential loan losses are common themes. We break down the numbers from TD Bank, Scotiabank, Bank of Montreal, and National Bank of Canada.

    Also in this episode:🪙 Rising debt concerns as more Canadians make only minimum credit card payments, influenced by the cost-of-living crisis and high-interest rates.💼 ConocoPhillips to acquire Marathon Oil in a $22.5 billion deal, adding significant reserves and cost savings.👔 Gildan Activewear CEO Glenn Chamandy re-elected to the board, aiming for leadership stabilization after a period of internal conflict.

    -----------

    Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy Follow Us On Blossom ➤ https://getblossom.page.link/brandonInstagram ➤ https://bit.ly/3OechghTikTok ➤ https://bit.ly/3PlNvfwLinkedIn ➤https://bit.ly/3RLndF7Website ➤ https://www.beaviswealth.com-----------

    🏦🇨🇦 Sign Up Bonuses 💰💸: ► Qtrade Direct Investing Online Brokerage (Get $50 upon opening and funding a new account, up to $150 for 3 accounts). - https://api.fintelconnect.com/t/l/6583645fd703fa001b0af6e5 ► Questrade Online Brokerage (Get $50 in commission-free trades) - https://bit.ly/3OhrRrK► Wealthsimple Trade ($50 cash bonus when you deposit $150 or more) - https://bit.ly/3v1FBQt► Wealthsimple Invest Robo-Advisor (Receive a $50 sign up bonus) - https://bit.ly/3Pm2g1Z► NEO Financial (Cash Back Credit Card) - https://bit.ly/3yJqb4s----------- Beavis Wealth Disclaimer:

    The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.----------- BMO Disclaimer:This content is sponsored by BMO Exchange Traded Funds.

    This content is intended for information purposes only. This content has been prepared by Beavis Wealth and represents its assessment at the time of publication. Beavis Wealth is compensated under this arrangement by BMO Exchange Traded Funds. The content contained herein does not necessarily represent the views of BMO Global Asset Management. The views expressed herein by Beavis Wealth are subject to change without notice. The content contained herein is not, and should not be construed as, investment advice to any party. Any securities described herein must be evaluated relative to the individual’s investment objectives and risk tolerance, and professional advice should be obtained with respect to the individual’s particular circumstances.

    The views expressed herein by Beavis Wealth regarding a particular company, security, industry, or market sector should not be considered as an indication of trading intent of any investment funds managed by BMO Global Asset Management. Any reference to a particular company is for illustrative purposes only and should not be considered as investment advice or a recommendation to buy or sell nor should it be considered as an indication of how the portfolio of any investment fund managed by BMO Global Asset Management is or will be invested. This social media network is an independent organization and is not affiliated with BMO Global Asset Management.

    BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.

    13 min
  • Fed Unlikely To Cut Rates This Summer | Powell Says Economic Data Still Too Strong

    📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/

    Get your Ticket for an upcoming meeting close to you!Toronto - https://www.eventbrite.ca/e/908390940757?aff=oddtdtcreatorNew York - https://www.eventbrite.ca/e/908525984677?aff=oddtdtcreatorMontreal - https://www.eventbrite.ca/e/908528361787?aff=oddtdtcreatorCalgary - https://www.eventbrite.ca/e/911412207447?aff=oddtdtcreatorVancouver - https://www.eventbrite.ca/e/911416911517?aff=oddtdtcreator

    In this episode, it looks like the US Federal Reserve is unlikely to cut interest rates this summer. Stronger-than-expected economic data and recent comments from policymakers suggest maintaining the current policy. Traders now anticipate only one rate cut by the end of the year, impacting markets and highlighting the Fed's cautious stance.

    Also in this episode:🕒 The U.S. and Canada move to T+1 settlement cycles, reducing settlement risk and improving market efficiency.

    🛒 Canada's Competition Bureau investigates Loblaw and Sobeys for alleged anti-competitive practices in their lease agreements.

    💬 JPMorgan Chase CEO Jamie Dimon warns of potential economic challenges, including the risk of stagflation and unpredictable interest rates.

    Learn More about BMO ETFs: https://www.bmogam.com/

    -----------

    Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy Follow Us On Blossom ➤ https://getblossom.page.link/brandonInstagram ➤ https://bit.ly/3OechghTikTok ➤ https://bit.ly/3PlNvfwLinkedIn ➤https://bit.ly/3RLndF7Website ➤ https://www.beaviswealth.com-----------

    🏦🇨🇦 Sign Up Bonuses 💰💸: ► Qtrade Direct Investing Online Brokerage (Get $50 upon opening and funding a new account, up to $150 for 3 accounts). - https://api.fintelconnect.com/t/l/6583645fd703fa001b0af6e5 ► Questrade Online Brokerage (Get $50 in commission-free trades) - https://bit.ly/3OhrRrK► Wealthsimple Trade ($50 cash bonus when you deposit $150 or more) - https://bit.ly/3v1FBQt► Wealthsimple Invest Robo-Advisor (Receive a $50 sign up bonus) - https://bit.ly/3Pm2g1Z► NEO Financial (Cash Back Credit Card) - https://bit.ly/3yJqb4s

    The above affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances.

    Business Inquiries: [email protected]

    -----------

    Beavis Wealth Disclaimer:

    The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.

    -----------

    BMO Disclaimer:

    This content is sponsored by BMO Exchange Traded Funds.

    This content is intended for information purposes only. This content has been prepared by Beavis Wealth and represents its assessment at the time of publication. Beavis Wealth is compensated under this arrangement by BMO Exchange Traded Funds. The content contained herein does not necessarily represent the views of BMO Global Asset Management. The views expressed herein by Beavis Wealth are subject to change without notice. The content contained herein is not, and should not be construed as, investment advice to any party. Any securities described herein must be evaluated relative to the individual’s investment objectives and risk tolerance, and professional advice should be obtained with respect to the individual’s particular circumstances.

    The views expressed herein by Beavis Wealth regarding a particular company, security, industry, or market sector should not be considered as an indication of trading intent of any investment funds managed by BMO Global Asset Management. Any reference to a particular company is for illustrative purposes only and should not be considered as investment advice or a recommendation to buy or sell nor should it be considered as an indication of how the portfolio of any investment fund managed by BMO Global Asset Management is or will be invested. This social media network is an independent organization and is not affiliated with BMO Global Asset Management.

    BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.

    15 min
  • Canadian Banks Brace for Slower Growth | Q2 Preview

    📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/

    In this episode, we dive into the latest earnings preview for Canadian banks. TD Bank will kick off earnings season, with slower profit growth expected due to high borrowing costs and economic slowdown. Analysts predict a potential 4% drop in earnings, influenced by increased reserves for loan losses, higher costs, and strict capital requirements.

    Also in this episode:📰 Canada's April inflation cools to 2.7%, sparking speculation of possible rate cuts.📉 CIBC's Benjamin Tal updates his outlook, predicting a cautious yet strategic approach to upcoming monetary policies.----------- Thank you to BMO ETFs for their support of this video. To learn more, visit BMOGAM.Com.

    Also, thank you to Qtrade Direct Investing Online Brokerage (Get $50 upon opening and funding a new account, up to $150 for 3 accounts). -https://api.fintelconnect.com/t/l/6583645fd703fa001b0af6e5

    Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy Follow Us On Blossom ➤ https://getblossom.page.link/brandonInstagram ➤ https://bit.ly/3OechghTikTok ➤ https://bit.ly/3PlNvfwLinkedIn ➤https://bit.ly/3RLndF7Website ➤ https://www.beaviswealth.com-----------

    🏦🇨🇦 Sign Up Bonuses 💰💸: ► Qtrade Direct Investing Online Brokerage (Get $50 upon opening and funding a new account, up to $150 for 3 accounts). - https://api.fintelconnect.com/t/l/6583645fd703fa001b0af6e5 ► Questrade Online Brokerage (Get $50 in commission-free trades) - https://bit.ly/3OhrRrK► Wealthsimple Trade ($50 cash bonus when you deposit $150 or more) - https://bit.ly/3v1FBQt► Wealthsimple Invest Robo-Advisor (Receive a $50 sign up bonus) - https://bit.ly/3Pm2g1Z► NEO Financial (Cash Back Credit Card) - https://bit.ly/3yJqb4s

    The above affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances.

    Business Inquiries: [email protected]

    -----------

    Beavis Wealth Disclaimer:

    The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.

    -----------

    BMO Disclaimer:

    This content is sponsored by BMO Exchange Traded Funds.

    This content is intended for information purposes only. This content has been prepared by Beavis Wealth and represents its assessment at the time of publication. Beavis Wealth is compensated under this arrangement by BMO Exchange Traded Funds. The content contained herein does not necessarily represent the views of BMO Global Asset Management. The views expressed herein by Beavis Wealth are subject to change without notice. The content contained herein is not, and should not be construed as, investment advice to any party. Any securities described herein must be evaluated relative to the individual’s investment objectives and risk tolerance, and professional advice should be obtained with respect to the individual’s particular circumstances.

    The views expressed herein by Beavis Wealth regarding a particular company, security, industry, or market sector should not be considered as an indication of trading intent of any investment funds managed by BMO Global Asset Management. Any reference to a particular company is for illustrative purposes only and should not be considered as investment advice or a recommendation to buy or sell nor should it be considered as an indication of how the portfolio of any investment fund managed by BMO Global Asset Management is or will be invested. This social media network is an independent organization and is not affiliated with BMO Global Asset Management.

    BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.

    15 min
  • Canada's OPEN BANKING: What It Means for You

    📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/

    In this episode, we explore Canada's steps towards open banking. The Financial Consumer Agency of Canada and the Ministry of Finance have allocated funding to establish an open banking framework by 2025, enabling secure, standardized data sharing. This development aims to enhance competition, innovation, and security in the financial sector, benefiting consumers and businesses alike.

    Also in this episode:

    🔧 A growing shortage of skilled tradespeople is impacting multiple sectors, driving up costs for consumers and businesses, particularly in construction and hospitality.

    🚗 Tesla's stock soars following news of expanded driver-assistance technology in China, aided by a partnership with Baidu, and lifting of restrictions.

    💼 The Canadian government imposes financial sanctions on Canada Life, addressing ongoing issues with the public service health insurance plan transition.

    Thank you to Harvest ETFs for supporting this video:Harvest Industrial Leaders Income ETF - HIND: https://bit.ly/442zN9wProduct Sheet (PDF): https://bit.ly/4aWTl1uETF Facts (PDF): https://bit.ly/3W3kETq

    Learn More About Harvest ETFs' New Balanced Income ETFs: https://bit.ly/3UktUS3

    Harvest Balanced Income & Growth ETF - HBIG: https://bit.ly/3W6KB4CProduct Sheet (PDF): https://bit.ly/49GQwArETF Facts (PDF): https://bit.ly/4cW2AAZ

    Harvest Balanced Income & Growth Enhanced ETF - HBIE: https://bit.ly/4aZ5navProduct Sheet (PDF): https://bit.ly/44bKCGEETF Facts (PDF): https://bit.ly/3W3kETq

    -----------

    Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy Follow Us On Blossom ➤ https://getblossom.page.link/brandonInstagram ➤ https://bit.ly/3OechghTikTok ➤ https://bit.ly/3PlNvfwLinkedIn ➤https://bit.ly/3RLndF7Website ➤ https://www.beaviswealth.com-----------

    🏦🇨🇦 Sign Up Bonuses 💰💸: ► Qtrade Direct Investing Online Brokerage (Get $50 upon opening and funding a new account, up to $150 for 3 accounts). - https://api.fintelconnect.com/t/l/6583645fd703fa001b0af6e5 ► Questrade Online Brokerage (Get $50 in commission-free trades) - https://bit.ly/3OhrRrK► Wealthsimple Trade ($50 cash bonus when you deposit $150 or more) - https://bit.ly/3v1FBQt► Wealthsimple Invest Robo-Advisor (Receive a $50 sign up bonus) - https://bit.ly/3Pm2g1Z► NEO Financial (Cash Back Credit Card) - https://bit.ly/3yJqb4s

    The above affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances.

    Business Inquiries: [email protected]

    -----------

    Beavis Wealth Disclaimer:

    The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.

    -----------

    BMO Disclaimer:

    This content is sponsored by BMO Exchange Traded Funds.

    This content is intended for information purposes only. This content has been prepared by Beavis Wealth and represents its assessment at the time of publication. Beavis Wealth is compensated under this arrangement by BMO Exchange Traded Funds. The content contained herein does not necessarily represent the views of BMO Global Asset Management. The views expressed herein by Beavis Wealth are subject to change without notice. The content contained herein is not, and should not be construed as, investment advice to any party. Any securities described herein must be evaluated relative to the individual’s investment objectives and risk tolerance, and professional advice should be obtained with respect to the individual’s particular circumstances.

    The views expressed herein by Beavis Wealth regarding a particular company, security, industry, or market sector should not be considered as an indication of trading intent of any investment funds managed by BMO Global Asset Management. Any reference to a particular company is for illustrative purposes only and should not be considered as investment advice or a recommendation to buy or sell nor should it be considered as an indication of how the portfolio of any investment fund managed by BMO Global Asset Management is or will be invested. This social media network is an independent organization and is not affiliated with BMO Global Asset Management.

    BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.

    12 min
  • Can a "Robotaxi" Save Tesla? | Brutal Earnings Report But Share Price Spikes!

    📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/

    In this episode, we dive into Tesla's recent challenges, including a 55% drop in Q1 net income and a 9% fall in revenue. Despite these hurdles, Tesla remains optimistic with plans for a new Model 2 and a fully autonomous robotaxi.

    Also in this episode:

    🚘 Apple's sales in China plummet by 19%, losing ground to Huawei and Vivo. The company aims to rebound with new iPhone promotions.

    🏠 Equifax Canada explores boosting credit scores through rental payment histories, potentially aiding underserved groups.

    📱 TikTok faces a U.S. ultimatum: sell the app or shut down, amidst rising national security concerns.

    Learn More About Qtrade or Open Your New Account here: https://api.fintelconnect.com/t/l/6583645fd703fa001b0af6e5-----------

    Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy Follow Us On Blossom ➤ https://getblossom.page.link/brandonInstagram ➤ https://bit.ly/3OechghTikTok ➤ https://bit.ly/3PlNvfwLinkedIn ➤https://bit.ly/3RLndF7Website ➤ https://www.beaviswealth.com-----------

    🏦🇨🇦 Sign Up Bonuses 💰💸: ► Qtrade Direct Investing Online Brokerage (Get $50 upon opening and funding a new account, up to $150 for 3 accounts). - https://api.fintelconnect.com/t/l/6583645fd703fa001b0af6e5 ► Questrade Online Brokerage (Get $50 in commission-free trades) - https://bit.ly/3OhrRrK► Wealthsimple Trade ($50 cash bonus when you deposit $150 or more) - https://bit.ly/3v1FBQt► Wealthsimple Invest Robo-Advisor (Receive a $50 sign up bonus) - https://bit.ly/3Pm2g1Z► NEO Financial (Cash Back Credit Card) - https://bit.ly/3yJqb4s

    The above affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances.

    Business Inquiries: [email protected]

    -----------

    Beavis Wealth Disclaimer:

    The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.

    -----------

    BMO Disclaimer:

    This content is sponsored by BMO Exchange Traded Funds.

    This content is intended for information purposes only. This content has been prepared by Beavis Wealth and represents its assessment at the time of publication. Beavis Wealth is compensated under this arrangement by BMO Exchange Traded Funds. The content contained herein does not necessarily represent the views of BMO Global Asset Management. The views expressed herein by Beavis Wealth are subject to change without notice. The content contained herein is not, and should not be construed as, investment advice to any party. Any securities described herein must be evaluated relative to the individual’s investment objectives and risk tolerance, and professional advice should be obtained with respect to the individual’s particular circumstances.

    The views expressed herein by Beavis Wealth regarding a particular company, security, industry, or market sector should not be considered as an indication of trading intent of any investment funds managed by BMO Global Asset Management. Any reference to a particular company is for illustrative purposes only and should not be considered as investment advice or a recommendation to buy or sell nor should it be considered as an indication of how the portfolio of any investment fund managed by BMO Global Asset Management is or will be invested. This social media network is an independent organization and is not affiliated with BMO Global Asset Management.

    BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.

    13 min
  • 5 Reasons The Market Is Dropping | Is This a Blip or a Direction Change?

    📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/

    In this episode, we explore the sudden stall in the 2024 stock market rally, primarily driven by rising inflation and shifting expectations of Federal Reserve policies. We look at five factors including economic data, geopolitical tensions, and bond yield surges affecting market stability.

    Also in this episode:

    🍁The recent Canadian federal budget's limited impact on economic policy, according to Bank of Canada Governor Tiff Macklem, maintains fiscal balance without stirring inflation.

    🔋 Tesla leads a downturn in the EV market, reflecting broader industry challenges such as demand slump, project delays, and intensified price competition.

    💰 Bitcoin's 2024 halving could potentially boost its value and change the dynamics of cryptocurrency mining and energy consumption.

    Thank you to Harvest for Supporting this Video:

    Harvest Industrial Leaders Income ETF - HIND: https://bit.ly/442zN9wProduct Sheet (PDF): https://bit.ly/4aWTl1uETF Facts (PDF): https://bit.ly/3W3kETq

    Learn More About Harvest ETFs' New Balanced Income ETFs: https://bit.ly/3UktUS3

    Harvest Balanced Income & Growth ETF - HBIG: https://bit.ly/3W6KB4CProduct Sheet (PDF): https://bit.ly/49GQwArETF Facts (PDF): https://bit.ly/4cW2AAZ

    Harvest Balanced Income & Growth Enhanced ETF - HBIE: https://bit.ly/4aZ5navProduct Sheet (PDF): https://bit.ly/44bKCGEETF Facts (PDF): https://bit.ly/3W3kETq

    Learn More about Harvest ETFs: https://bit.ly/3W3l38oStay Informed: https://bit.ly/3Q6E46e-----------

    Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy Follow Us On Blossom ➤ https://getblossom.page.link/brandonInstagram ➤ https://bit.ly/3OechghTikTok ➤ https://bit.ly/3PlNvfwLinkedIn ➤https://bit.ly/3RLndF7Website ➤ https://www.beaviswealth.com-----------

    🏦🇨🇦 Sign Up Bonuses 💰💸: ► Qtrade Direct Investing Online Brokerage (Get $50 upon opening and funding a new account, up to $150 for 3 accounts). - https://api.fintelconnect.com/t/l/6583645fd703fa001b0af6e5 ► Questrade Online Brokerage (Get $50 in commission-free trades) - https://bit.ly/3OhrRrK► Wealthsimple Trade ($50 cash bonus when you deposit $150 or more) - https://bit.ly/3v1FBQt► Wealthsimple Invest Robo-Advisor (Receive a $50 sign up bonus) - https://bit.ly/3Pm2g1Z► NEO Financial (Cash Back Credit Card) - https://bit.ly/3yJqb4s

    The above affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances.

    Business Inquiries: [email protected]

    -----------

    Beavis Wealth Disclaimer:

    The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.

    -----------

    BMO Disclaimer:

    This content is sponsored by BMO Exchange Traded Funds.

    This content is intended for information purposes only. This content has been prepared by Beavis Wealth and represents its assessment at the time of publication. Beavis Wealth is compensated under this arrangement by BMO Exchange Traded Funds. The content contained herein does not necessarily represent the views of BMO Global Asset Management. The views expressed herein by Beavis Wealth are subject to change without notice. The content contained herein is not, and should not be construed as, investment advice to any party. Any securities described herein must be evaluated relative to the individual’s investment objectives and risk tolerance, and professional advice should be obtained with respect to the individual’s particular circumstances.

    The views expressed herein by Beavis Wealth regarding a particular company, security, industry, or market sector should not be considered as an indication of trading intent of any investment funds managed by BMO Global Asset Management. Any reference to a particular company is for illustrative purposes only and should not be considered as investment advice or a recommendation to buy or sell nor should it be considered as an indication of how the portfolio of any investment fund managed by BMO Global Asset Management is or will be invested. This social media network is an independent organization and is not affiliated with BMO Global Asset Management.

    BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.

    14 min
  • Comparing Dividend ETF Strategies | What's best for Millennials and Baby Boomers

    BMO Disclaimer:

    Annualized Performance NAV - as of March 28, 2024, Source: BMO GAM - ZDV1Y - 9.55% 2Y - 1.28% 3Y - 9.25% 5Y - 8.46% 10Y - 6.01% Since Inception - 7.21%

    BMO ETFs is the largest fixed income ETF provider: Source: Bloomberg December 31, 2023

    The portfolio holdings are subject to change without notice and only represent a small percentage of portfolio holdings. They are not recommendations to buy or sell any particular security.

    This content is sponsored by BMO Exchange Traded Funds.

    This content is intended for information purposes only. This content has been prepared by Beavis Wealth and represents its assessment at the time of publication. Beavis Wealth is compensated under this arrangement by BMO Exchange Traded Funds. The content contained herein does not necessarily represent the views of BMO Global Asset Management. The views expressed herein by Beavis Wealth are subject to change without notice. The content contained herein is not, and should not be construed as, investment advice to any party. Any securities described herein must be evaluated relative to the individual’s investment objectives and risk tolerance, and professional advice should be obtained with respect to the individual’s particular circumstances.

    The views expressed herein by Beavis Wealth regarding a particular company, security, industry, or market sector should not be considered as an indication of trading intent of any investment funds managed by BMO Global Asset Management. Any reference to a particular company is for illustrative purposes only and should not be considered as investment advice or a recommendation to buy or sell nor should it be considered as an indication of how the portfolio of any investment fund managed by BMO Global Asset Management is or will be invested. This social media network is an independent organization and is not affiliated with BMO Global Asset Management.

    BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.

    Distribution yields are calculated by using the most recent regular distribution, or expected distribution, (which may be based on income, dividends, return of capital, and option premiums, as applicable) and excluding additional year end distributions, and special reinvested distributions annualized for frequency, divided by current net asset value (NAV). The yield calculation does not include reinvested distributions. The payment of distributions should not be confused with the BMO ETF’s performance, rate of return or yield. If distributions paid by a BMO ETF are greater than the performance of the investment fund, your original investment will shrink. Distributions paid as a result of capital gains realized by a BMO ETF, and income and dividends earned by a BMO ETF, are taxable in your hands in the year they are paid.

    Cash distributions, if any, on units of a BMO ETF (other than accumulating units or units subject to a distribution reinvestment plan) are expected to be paid primarily out of dividends or distributions, and other income or gains, received by the BMO ETF less the expenses of the BMO ETF, but may also consist of non-taxable amounts including returns of capital, which may be paid in the manager’s sole discretion. To the extent that the expenses of a BMO ETF exceed the income generated by such BMO ETF in any given month, quarter, or year, as the case may be, it is not expected that a monthly, quarterly, or annual distribution will be paid. Distributions, if any, in respect of the accumulating units of BMO Short Corporate Bond Index ETF, BMO Short Federal Bond Index ETF, BMO Short Provincial Bond Index ETF, BMO Ultra Short-Term Bond ETF and BMO Ultra Short-Term US Bond ETF will be automatically reinvested in additional accumulating units of the applicable BMO ETF. Following each distribution, the number of accumulating units of the applicable BMO ETF will be immediately consolidated so that the number of outstanding accumulating units of the applicable BMO ETF will be the same as the number of outstanding accumulating units before the distribution. Non-resident unitholders may have the number of securities reduced due to withholding tax. Certain BMO ETFs have adopted a distribution reinvestment plan, which provides that a unitholder may elect to automatically reinvest all cash distributions paid on units held by that unitholder in additional units of the applicable BMO ETF in accordance with the terms of the distribution reinvestment plan. For further information, see the distribution policy in the BMO ETFs’ prospectus.

    BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.

    Beavis Wealth Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. The contributors are not licensed to provide financial advice. Always do your own research and due diligence before investing.

    20 min
  • 2024 Federal Budget: Key Impacts for Investors

    Watch the video on YouTube:  https://youtu.be/Vbkp7bZiFLs

    📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/

    In this episode, we delve into Canada's 2024 federal budget presented by Finance Minister Chrystia Freeland, focusing on the $53 billion new spending initiative, increased capital gains taxes, housing affordability measures, and a forecast on public debt.

    Also in this episode:

    📈 Annual inflation in Canada rises to 2.9% with significant increases in mortgage and rent costs, potentially signaling a near-term interest rate cut by the Bank of Canada.

    📉 Jerome Powell's comments on the persistent U.S. inflation challenges and indicates a likely delay in expected rate cuts, impacting investor expectations.

    🚗 Tesla seeks reapproval for a $56 billion compensation package for Elon Musk, moving its incorporation from Delaware to Texas following a contentious court ruling.

    Visit Harvest ETFs for more Information On:Harvest Balanced Income & Growth ETF (HBIG:TSX)Harvest Balanced Income & Growth Enhanced ETF (HBIE:TSX)Harvest Industrial Leaders Income ETF (HIND:TSX)https://www.harvestportfolios.com

    -----------

    Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy Follow Us On Blossom ➤ https://getblossom.page.link/brandonInstagram ➤ https://bit.ly/3OechghTikTok ➤ https://bit.ly/3PlNvfwLinkedIn ➤https://bit.ly/3RLndF7Website ➤ https://www.beaviswealth.com-----------

    🏦🇨🇦 Sign Up Bonuses 💰💸: ► Qtrade Direct Investing Online Brokerage (Get $50 upon opening and funding a new account, up to $150 for 3 accounts). - https://api.fintelconnect.com/t/l/6583645fd703fa001b0af6e5 ► Questrade Online Brokerage (Get $50 in commission-free trades) - https://bit.ly/3OhrRrK► Wealthsimple Trade ($50 cash bonus when you deposit $150 or more) - https://bit.ly/3v1FBQt► Wealthsimple Invest Robo-Advisor (Receive a $50 sign up bonus) - https://bit.ly/3Pm2g1Z► NEO Financial (Cash Back Credit Card) - https://bit.ly/3yJqb4s

    The above affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances.

    Business Inquiries: [email protected]

    -----------

    Beavis Wealth Disclaimer:

    The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.

    -----------

    BMO Disclaimer:

    This content is sponsored by BMO Exchange Traded Funds.

    This content is intended for information purposes only. This content has been prepared by Beavis Wealth and represents its assessment at the time of publication. Beavis Wealth is compensated under this arrangement by BMO Exchange Traded Funds. The content contained herein does not necessarily represent the views of BMO Global Asset Management. The views expressed herein by Beavis Wealth are subject to change without notice. The content contained herein is not, and should not be construed as, investment advice to any party. Any securities described herein must be evaluated relative to the individual’s investment objectives and risk tolerance, and professional advice should be obtained with respect to the individual’s particular circumstances.

    The views expressed herein by Beavis Wealth regarding a particular company, security, industry, or market sector should not be considered as an indication of trading intent of any investment funds managed by BMO Global Asset Management. Any reference to a particular company is for illustrative purposes only and should not be considered as investment advice or a recommendation to buy or sell nor should it be considered as an indication of how the portfolio of any investment fund managed by BMO Global Asset Management is or will be invested. This social media network is an independent organization and is not affiliated with BMO Global Asset Management.

    BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.

     

     

     

    14 min
  • CIBC Backtracks After Sneaky "Cash Advance" Fee Exposed

    📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/

    In this episode, we uncover how CIBC's new $5 fee on e-gift card purchases as a "cash advance" charge sparked outrage among consumers, leading to a backtrack and customer refunds for charges between September 29, 2023, and February 29, 2024, after public and media pressure.

    Also in this episode:🚗 Tesla announces layoffs of over 10% of its workforce, reflecting a downturn in sales and a strategic shift amidst stiffening global competition.

    🏠 We discuss the Canadian government's new mortgage rules intended to aid first-time homebuyers but potentially leading to more market instability and unintended consequences.

    🌍 Alberta's population surges by over 200,000 in 2023 due to high migration, bringing both economic benefits and significant infrastructure challenges to the province.

    Learn more about the BMO Balanced ETF by visiting this link: https://www.bmogam.com/ca-en/products/exchange-traded-fund/bmo-balanced-etf-zbal/-----------

    Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy Follow Us On Blossom ➤ https://getblossom.page.link/brandonInstagram ➤ https://bit.ly/3OechghTikTok ➤ https://bit.ly/3PlNvfwLinkedIn ➤https://bit.ly/3RLndF7Website ➤ https://www.beaviswealth.com-----------

    🏦🇨🇦 Sign Up Bonuses 💰💸: ► Qtrade Direct Investing Online Brokerage (Get $50 upon opening and funding a new account, up to $150 for 3 accounts). - https://api.fintelconnect.com/t/l/6583645fd703fa001b0af6e5 ► Questrade Online Brokerage (Get $50 in commission-free trades) - https://bit.ly/3OhrRrK► Wealthsimple Trade ($50 cash bonus when you deposit $150 or more) - https://bit.ly/3v1FBQt► Wealthsimple Invest Robo-Advisor (Receive a $50 sign up bonus) - https://bit.ly/3Pm2g1Z► NEO Financial (Cash Back Credit Card) - https://bit.ly/3yJqb4s

    The above affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances.

    Business Inquiries: [email protected]

    -----------

    Beavis Wealth Disclaimer:

    The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.

    -----------

    BMO Disclaimer:

    This content is sponsored by BMO Exchange Traded Funds.

    This content is intended for information purposes only. This content has been prepared by Beavis Wealth and represents its assessment at the time of publication. Beavis Wealth is compensated under this arrangement by BMO Exchange Traded Funds. The content contained herein does not necessarily represent the views of BMO Global Asset Management. The views expressed herein by Beavis Wealth are subject to change without notice. The content contained herein is not, and should not be construed as, investment advice to any party. Any securities described herein must be evaluated relative to the individual’s investment objectives and risk tolerance, and professional advice should be obtained with respect to the individual’s particular circumstances.

    The views expressed herein by Beavis Wealth regarding a particular company, security, industry, or market sector should not be considered as an indication of trading intent of any investment funds managed by BMO Global Asset Management. Any reference to a particular company is for illustrative purposes only and should not be considered as investment advice or a recommendation to buy or sell nor should it be considered as an indication of how the portfolio of any investment fund managed by BMO Global Asset Management is or will be invested. This social media network is an independent organization and is not affiliated with BMO Global Asset Management.

    BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.

    15 min

About The Beavis Wealth Podcast

From the publisher's feed

We help Canadians learn how to invest in the stock market the right way. In particular, we focus here on long-term investing! Investing is a tool that everyone should be taking advantage of. We have…

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