Prospyr Journal

Investor-grade writing for Canadian income builders

Clear articles on DRIP mechanics, dividend tax, account placement, and income-planning math.

105 postsCanadian contextDRIP and dividend focused
All topicsDRIP13Tax22Planning24Strategy46Showing 46 posts matched to strategy.

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Covered call etfsMay 24, 2026

HDIV vs HYLD vs QYLD: Which Covered Call ETF Wins in a Canadian RRSP?

Compare HDIV, HYLD, and QYLD in your RRSP. No withholding tax, but which ETF delivers the best risk-adjusted return?

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Covered call etfsMay 24, 2026

NAV Erosion in Canadian Covered Call ETFs: How Much Are You Actually Losing?

Covered call ETF NAV erosion: the silent loss. Learn how much you're giving up for yield in HDIV, HYLD, QYLD.

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StrategyMay 17, 2026

Sell your home or keep it as a rental in Canada? How to run the numbers properly

Compare the monthly income tradeoff between keeping a home as a rental or selling and investing the net equity in Canada.

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StrategyMay 11, 2026

How to Live Off Dividends in Canada: Your 6-Year Plan

Complete roadmap to dividend income in Canada. Build $10K/year in 6 years. Real timelines, tax strategies, and portfolio examples.

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StrategyMay 10, 2026

The Fortress dividend portfolio: building a Coverage Ratio above 1.15 across all holdings

Learn what Fortress Status means in Prospyr’s income-first framework, why a Coverage Ratio above 1.15 matters, and how Canadian dividend investors can think about building more durable DRIP positions.

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StrategyMay 7, 2026

High yield vs yield trap in Canada: how to tell the difference before you buy

Learn how Canadian dividend investors can tell the difference between a genuine high yield and a yield trap before buying. Understand payout pressure, DRIP risk, and what to check first.

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StrategyMay 6, 2026

Growth vs dividend investing in Canada — 20 years of wealth building compared

Both strategies can build wealth over 20 years. But they deliver it in completely different forms. Here is how growth and dividend investing compare for Canadian investors — and when to switch.

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STRATEGY2026-05-04

24 and building wealth in Canada -- when to start thinking about dividend income

At 24, the math says growth beats income. That is correct. But the investors who transition smoothly to dividend income are the ones who understood how it works before they needed it. Here is the framework.

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STRATEGY2026-05-03

ETF investors -- dividend income as your exit strategy from growth

You built the ETF portfolio. Now you need a plan for what to do with it. Most ETF investors reach distribution age with no income sleeve and no transition strategy. Here is the math that changes the decision.

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