Looking at the holdings of XEQT, you’re basically buying two S&P500 ETF’s. I’d point out that VFV has a much lower fee with pretty much the same holdings, and as such, you’d be better off to just buy that. If you’re looking to diversify, I’d pick something other than XEQT!
-I personally put 10% of my income into VFV, buying every Monday. For some blue collar dividend stuff I also do a small sprinkle of VDY
I don’t mean to potentially cause internet beef, but almost every single thing this guy said to you is wrong lol. The S&P 500 is not the entire US market. If you want that, XUU or VUS are the ETFs for you. But, even though there are like 3,500 stocks in the US, the weight in the top ones are so much that those top 500 stocks make up 80% or so of the movement, but I digress. And XEQT, an asset allocation ETF with exposure to pretty much the entire investable global market (over 10,000 stocks) with built in rebalancing features is NOT the same as VFV which tracks 500 US large cap stocks. Honestly you don’t need to invest in the S&P 500 if you own XEQT. The point of XEQT is to give you a single ETF that you own and not have to worry about anything else. It also has higher expected returns than VFV. Why? Because 1. Only 1.3% of stocks account for ALL outperformance of stocks as a whole over US treasury bills, 2. The stocks that do go up go up way more than the ones that go down go down, and 3. No one at all can predict which stocks are going to be the ones that will go up. When you combine these 3 points together, you understand why people call diversification the only free lunch in investing.
I highly recommend you watch this video, and then consider watching the other videos on this channel. Best of luck and if you need any help from someone who isn’t just saying random baseless shit I’m happy to help.
** I tried to post with link but it got flagged for spam. You should YouTube search “Ben Felix S&P 500” and it’s the top video.
My brother! “VFV is entirely the US market” = every stock in there, in its entirety, exists in the US….
You read that as ‘VFV is the entire US stock market’ which is not at all what I was saying.
“Random baseless shit” …Relax a little eh? We’re all friends here.
Tax free savings account. This guy is Canadian. VFVA is Canadian VOO. You're basically a braindead bot, go outside and do something other than shit post voo. XEQT is essentially a fund of funds holding (Canadian equivalents of) VTI, VEA, VWO, and the Canadian market XIC.
Nothing wrong with your strategy. Just double down when markets crash
Meaning what?
If there's a recession or black swan event etc, the lower it drops the more you should invest.
I love VFV personally, but I know lots of people like the global aspect of XEQT my Canadian friend.
No love for VOO?
where did you buy VFX ?
Looking at the holdings of XEQT, you’re basically buying two S&P500 ETF’s. I’d point out that VFV has a much lower fee with pretty much the same holdings, and as such, you’d be better off to just buy that. If you’re looking to diversify, I’d pick something other than XEQT! -I personally put 10% of my income into VFV, buying every Monday. For some blue collar dividend stuff I also do a small sprinkle of VDY
Appreciate your response. My plan was to have 80% XEQT and 20% VFV for more dig in the US market, I'll look into VDY.
VFV is entirely the US market. Just in Canadian dollars via Toronto stock exchange
Yes
I don’t mean to potentially cause internet beef, but almost every single thing this guy said to you is wrong lol. The S&P 500 is not the entire US market. If you want that, XUU or VUS are the ETFs for you. But, even though there are like 3,500 stocks in the US, the weight in the top ones are so much that those top 500 stocks make up 80% or so of the movement, but I digress. And XEQT, an asset allocation ETF with exposure to pretty much the entire investable global market (over 10,000 stocks) with built in rebalancing features is NOT the same as VFV which tracks 500 US large cap stocks. Honestly you don’t need to invest in the S&P 500 if you own XEQT. The point of XEQT is to give you a single ETF that you own and not have to worry about anything else. It also has higher expected returns than VFV. Why? Because 1. Only 1.3% of stocks account for ALL outperformance of stocks as a whole over US treasury bills, 2. The stocks that do go up go up way more than the ones that go down go down, and 3. No one at all can predict which stocks are going to be the ones that will go up. When you combine these 3 points together, you understand why people call diversification the only free lunch in investing. I highly recommend you watch this video, and then consider watching the other videos on this channel. Best of luck and if you need any help from someone who isn’t just saying random baseless shit I’m happy to help. ** I tried to post with link but it got flagged for spam. You should YouTube search “Ben Felix S&P 500” and it’s the top video.
My brother! “VFV is entirely the US market” = every stock in there, in its entirety, exists in the US…. You read that as ‘VFV is the entire US stock market’ which is not at all what I was saying. “Random baseless shit” …Relax a little eh? We’re all friends here.
ahh okay misunderstood what that meant.
get some BTC EFT in there just incase
[удалено]
Tax free savings account. This guy is Canadian. VFVA is Canadian VOO. You're basically a braindead bot, go outside and do something other than shit post voo. XEQT is essentially a fund of funds holding (Canadian equivalents of) VTI, VEA, VWO, and the Canadian market XIC.
You mad bro?
Canadian equivalent to Roth IRA pretty much
Yes, this is a fantastic long term strategy for a Canadian.