Van Eck Vectors Biotech E.T.F. (BBH)

Which stocks for RESP and University in 8 years? He would use healthcares such as SPDR Health Care (XLV-N) or SPDR Pharma (XPH-N). These are in a secular bull market. You could also use Van Eck Vectors Biotech (BBH-Q). This gives you a little bit of mix of all 3 sectors. He would suggest 40% and 40% on the first 2 and maybe 20% in the Biotechs.

Thinks this has now formed a bottom. It needs to get above its current area by conviction. You don’t want to see a lower low. Fundamentally, there are few sectors that are in secular bull markets. Healthcare is one of them, biotech comes along for the ride. A good sector to own, but you really have to be careful with your pricing. The swings can be pretty big.

There are very few sectors that have a long-term secular bull trend to them. This one started in 2012, and we are at the very beginning of it. If you can deal with the volatility and look back long-term on Biotechs, this is one that it is going to have really revolutionized the world. He has taken a 3^rd position of what he wants to have. Has a near upside of about $145. He has a stop loss at around $115.