John DeGoeyVangrd Total World E.T.F.VTBUYDec 31, 2013

For beginners, he always starts with the world index. This one is very low cost. (There's probably one that trades on the TSX.) For a young investor, go for 100% growth in equities with no need for balance.

Where you go from there really depends on your risk appetite and opportunities in the years to come.

A world index that covers everything. It is a total world index – large cap and mid cap. There is not a similar ETF that trades in Canada. You have to consider currency when investing internationally. EDIV-N he likes for dividends in emerging markets.

This is only in the US market and trading it might involve currency conversion costs. The CAD$ is somewhat undervalued right now so he thinks this is a bad time. Also, you get all the other currency exposure.

Thinks this is a good ETF, but he likely wouldn’t use it because he is more global and tactical. Although this is world, 52% of it is US.

Great plan if you eventually want US$’s. The great thing about global stock ETF’s is that they are true meritocracies in terms of cap weighting around the world.