Richard OrrellBMO Balanced SeriesUnits ETFZBAL.TOWEAK BUYOct 16, 2026
He uses these balanced ETFs in smaller accounts. These ETFs do the rebalancing for you. But eventually, you want to invest in the individual building blocks instead of this single solution.
You don't need any fixed income 15 years ahead of retirement, because it depends on your level of risk. If inflation is more persistent for a decade or more because of tariffs, the bonds in a portfolio will fail. Fixed income has been terrible for a decade and will be for a decade more.
He uses these balanced ETFs in smaller accounts. These ETFs do the rebalancing for you. But eventually, you want to invest in the individual building blocks instead of this single solution.