00:00 Luke Background
04:20 Early Experience & Cannabis Stocks
09:26 Investing/Trading During COVID
11:06 Discovering PII
12:53 Cannabis Craze Lessons Learned
15:40 Transition to PII & House Ownership Nightmare
19:48 Sell Everything for PII
25:23 Emotions During a Crash
27:22 Further Transition to PII (Benefits)
30:30 Tuning out the “Noise” – I don’t care!
35:50 Benefits of PII & Product Evolution
37:46 Convictions & Distributions
42:10 How PII Changed Luke’s Family
45:56 Portfolio Unveil
57:10 Luke’s Distribution Management & Future Plans
59:45 The PII Community & Transition to Wealthsimpe
01:01:04 Margin
***PII Inner Circle Membership***
Join: https://www.youtube.com/channel/UCzSKsvUTiunCbAmV5sZ5nBQ/join
***1 on 1 Coaching Session***
***The Ultimate DIY Investing Package***
The Ultimate DIY Investing Package v6 (Free Lifetime Updates)
***The Ultimate Covered Call ETF Guide***
The Ultimate Covered Call ETF Guide v1 (Free Lifetime Updates)
***Affiliate & Referral Links***
Blossom: A Mobile App for DIY Investors – Follow my Portfolio LIVE!
https://getblossom.onelink.me/SOfu/adriano
Stock Unlock: Portfolio Visualizer & Dividend Tracker
Link: https://stockunlock.com/?via=PII
Or use Coupon Code: PII
Moomoo (Canada): See the latest Welcome Offers for New Accounts:
https://j.moomoo.com/PII
Questrade: $50 Cashback when you open an account with Min. $250 Deposit ($50 credit within 90 days)
Link: https://www.questrade.com/affiliate-offer-sdi?oaa_promo=PII50&irsharedid=Adrian_PII
Or use Referral Code: PII50
PASSIV: Organize your Portfolio (50% Off ELITE Membership)
https://passiv.com/?ref=LCGFQDNGSY
Passiv Video: https://youtu.be/4wqfJNgc9rA
***Socials & Website***
Website (Free Portfolio Download): https://passiveincomeinvesting.ca
Private Facebook Group (“LIKE” the page to get an Invite) https://www.facebook.com/profile.php?id=100063761130326
Follow me on Rumble: https://rumble.com/user/Adrian_PII
Follow me on odysee: https://odysee.com/@PassiveIncomeInvesting:e?view=home
Discord Group (Members Only): https://youtu.be/Sf4FifINCMI
Instagram: https://www.instagram.com/passive_income_investing/
***PII Merch Store***
https://www.redbubble.com/people/PII-/explore
Main Mission of this Channel:
Empower everyday people to invest on their own. To create a source of Passive Income in order to reach Financial Independence and enhance quality of life
Primary Content of this Channel:
1) To share my Personal Investing Journey & Strategy with the world
2) Educational content on Income Oriented Investing with a particular focus on Covered Call ETFs
3) Keep you updated on the Income Oriented Landscape
4) Interview Fund Managers to get you the correct information straight from the experts
DISCLAIMER:
The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice or financial advice. Adriano Starinieri is not registered to provide investment advice and as such does not provide recommendations – those looking for investment advice should seek out a registered professional. Adriano is not responsible for investment actions taken by viewers.
Official Sponsors of this Channel (Past & Present):
Hamilton ETFs: https://hamiltonetfs.com/
Harvest ETFs: https://harvestportfolios.com/
Global X Canada: https://www.globalx.ca/
BMO ETFs: https://www.bmogam.com/ca-en/products/exchange-traded-funds/
Evolve ETFs: https://evolveetfs.com/
Purpose ETFs: https://www.purposeinvest.com/
Brompton Funds: https://www.bromptongroup.com/
Middlefield: https://middlefield.com/
Mulvihill: https://www.mulvihill.com/index.aspx
Ninepoint: https://www.ninepoint.com/
Quadravest: https://www.quadravest.com/
CI Global Asset Management: https://www.cifinancial.com/ci-gam/ca/en/
Passiv: https://passiv.com/
Tidal: https://tidalfinancialgroup.com/
Kurv: https://www.kurvinvest.com/
Kraneshares: https://kraneshares.com/
NEOS: https://neosfunds.com/
Moomoo: https://www.moomoo.com/ca
#passiveincome #investing #dividendincome #financialfreedom #livingoffdividends #coveredcall #highyield #income
Excellent. My transition from growth to pii is half way there. Im 51 now, completion by 55!! Thank you.
I rarely comment on any YouTube videos but I thought this one was so good it was worth it. Thank you Luke for sharing your story. I had so many of those same emotions through various times over the past few years when I was too trying to ‘control’ markets. PII has been a very happy place for me to land as well and the big reason I landed there was because of Adrian and Erica. Gratitude to the three of you more than you know.
Cape Breton is beautiful, I visited there 2 years ago
Hi , I didn't hear how he accumulated his wealth but it seemed like he had about 2M invested at a young age. No context on how he did that ? But I don't disagree on the system of PII . The question is how to get to that level ?
We just did this too, sold our beautiful Victorian in the country to go rent and invest in PII. My husband just retired me to be a stay at home mom 🎉
Halifax! I'm from NS too 🙂
Good episode for both of you! Thanks for sharing !
I am noticing in a lot of these testimonials, most people don't have much structure in their portfolios, no weights, no equal diversification etc just buying whatever pays the high yields. In my opinion that's not long term income Investing, that's gambling.
Thanks for shoutout Luke. Greatly appreciated. I guess it's my turn for my own testimonial 😂✌️