Summary: <br> Announcer: <a href="https://www.temi.com/editor/t/OQUD3BVjyhPJuGi9zUvBOu2UXTW3fuFq7VjkBCZ5WBxN8s8pyCRVItMffffc2sGwFET34Tvu0r2ZiQ3SwLtKvME8ThA?loadFrom=DocumentDeeplink&ts=0.27">00:00</a> You’re<br> tuned in to the Investing for Beginners podcast. Finally, step by step premium investment guidance for beginners led<br> by Andrew and Dave to decode industry jargon, silence crippling confusion, and<br> help you overcome emotions by looking at the numbers,<br> your path to financial freedom starts now.<br> <br> <br> <br> Dave: <a href="https://www.temi.com/editor/t/OQUD3BVjyhPJuGi9zUvBOu2UXTW3fuFq7VjkBCZ5WBxN8s8pyCRVItMffffc2sGwFET34Tvu0r2ZiQ3SwLtKvME8ThA?loadFrom=DocumentDeeplink&ts=35.7">00:35</a> Welcome<br> to Investing for Beginners podcast, this is episode 91. Andrew and I are going<br> to take a moment and answer listener questions. We’ve got some that are some great questions that we’ve had in<br> our bank, and we wanted to take a few<br> moments and answer those for you guys. So Andrew, why don’t you go ahead and<br> read it. The first question?<br> <br> <br> <br> Andrew: <a href="https://www.temi.com/editor/t/OQUD3BVjyhPJuGi9zUvBOu2UXTW3fuFq7VjkBCZ5WBxN8s8pyCRVItMffffc2sGwFET34Tvu0r2ZiQ3SwLtKvME8ThA?loadFrom=DocumentDeeplink&ts=55.53">00:55</a> Yes<br> sir. So this is a great question from Michael B. we’re going to split it up<br> because there are two different questions<br> here. So let’s tackle this first one. Hi Andrew. I used your VTI every week. I love it. I’m here in Canada. The<br> banks are the most common stock to rise steadily<br> and had decent dividends, but because of their equity, they would never score<br> well in the VTI. I know you aren’t a big fan of financial institutions, but<br> Dave is, and I could care less either<br> way, but based on trends in Canada, most banks are still selling that less than<br> $100 a share which based on their EPS increasing consistently in the dividends<br> increasing regularly.<br> <br> <br> <br> Andrew: <a href="https://www.temi.com/editor/t/OQUD3BVjyhPJuGi9zUvBOu2UXTW3fuFq7VjkBCZ5WBxN8s8pyCRVItMffffc2sGwFET34Tvu0r2ZiQ3SwLtKvME8ThA?loadFrom=DocumentDeeplink&ts=96.64">01:36</a> I want to jump on the bandwagon now. Braden mentioned the banks and both of his last interviews with you too. I don’t know which valuations I need to focus on with a company that makes the most money. The higher their debt is. Thirteen of Canada’s dividend aristocrats are financial institutions, nine of which are banks. I’m not sure if I’m chasing my tail here, trying to convince myself they’re a good buy or not, but I do rely heavily on your VTI spreadsheet because it does take a lo...
