135: Grift? | or GRFT & The Dangers of Trendy Financial Products

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Barenaked Money

Verecan Capital Management Inc.

32 episodes

2 days ago

Slip into something more comfortable and delve into personal finance with Josh Sheluk and Colin White, experienced portfolio managers at Verecan Capital Management. Each episode demystifies complex financial topics, stripping them to their bare essentials. From investment strategies and financial planning to economic headlines and philanthropic giving, delivered with a blend of insight, transparency, and a touch of humour. Perfect for anyone looking to understand and navigate their financial future with confidence. Subscribe now to stay informed, empowered, and entertained. Verecan Capital Management Inc. is registered as a Portfolio Manager in all provinces in Canada except Manitoba.

All content for Barenaked Money is the property of Verecan Capital Management Inc. and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

135: Grift? | or GRFT & The Dangers of Trendy Financial Products

Barenaked Money

55 minutes

2 months ago

135: Grift? | or GRFT & The Dangers of Trendy Financial Products

Questionable Financial Products and the Importance of Understanding Investment Risks

In this episode of Barenaked Money, hosts Josh Sheluk and Colin White discuss a range of recently launched investment products that they consider problematic or gimmicky. The conversation covers ETFs like GRFT, which bets on political insider ties, high-yield covered call strategies, zero-day options, and other leveraged investment products. They emphasize skepticism towards products that promise high yields or leverage, highlighting the dangers and complexities these financial instruments pose to retail investors. The episode also critiques the resurgence of target date funds, particularly those aimed at funding education. The goal is to educate listeners on identifying and avoiding questionable financial products to make better, informed investment decisions.

Click here to view the episode transcript.

00:00 Introduction to GRFT ETF
00:22 Welcome to Barenaked Money Podcast
00:41 Purpose of the Podcast
00:53 Discussion on Bad Investment Products
03:18 Zero Day Products Explained
04:28 The Rise of Zero Day Options
13:28 ETF Based on Insider Trading
17:38 Kathy Wood's New Buffer ETF
23:28 Trump Media's Crypto ETF
24:51 Quebec Equity ETF
28:58 Leveraged Bull and Bear ETFs
29:21 The Dangers of Short-Term Investment Products
29:59 Misconceptions and Legal Issues with Leveraged ETFs
31:51 Leveraged Single Stock ETFs: A Risky Proposition
34:40 The Pitfalls of Covered Call Strategies
40:19 Leveraged Exposure to Digital Assets
44:32 Target Date Funds: Pros and Cons
49:25 Key Takeaways and Final Thoughts