Index funds being a bubble. There is a battle between the managers that are tracking indexes and those actively managing. It is not in a bubble because it is money coming from a mutual fund because of higher costs. It does not matter whether you sell an ETF or a mutual fund, to the market.

You are buying stocks that are less vulnerable to the economic cycle. If markets go down then these go down less. This is not a bad factor in selecting investments. The quality factor is those with clean balance sheets, low leverage and good divided coverage.

US Investment with Growth Potential but good tax treatment in a Canadian based account. Horizons' has a new structure called Corporate Class and you can defer your taxes as they are done with total return swaps and no annual distributions.

Educational Segment. How do you Structure you Portfolio for Events like Saudi Arabia this week? We have an event now to think about. Don’t try to trade the noise on day one or two. Make sure your portfolios are structured to reach your goals in the longer term. This is probably temporary. We probably get a spike in oil prices and you should use this to reduce your oil exposure. You can't forecast international relations. Don’t make any big bets on this. The 2018 high in oil will be a monumental resistance. AMLP-N is the pipelines ETF in the US, which is the way he is playing it. He would trim this above $10.

Market. Brexit: He sees the UK currency adjusted to be very attractive. He is looking at money going to Great Britain at this point. There are always rules and deadlines. It is a bit of a bees nest. As things weaken and get cheaper he is looking at adding exposure. EWU-T is large cap British stocks & EWUS-T is for small caps, which he is tilting to.

Canadian Banks in a negative rate environment. Dividends are safe in a big downturn but there is price risk. Look at the ZEB-T over the last few years. The banking group has not had any gains and this will get worse in a negative rate environment. We could see a 30-50% correction in banks if we go into a prolonged downturn. He would not plow into the banks just because the dividends are safe.

There is a play on energy names going into the election as there may be money coming into the sector depending on who wins. He would trade it but not invest in it. It should be an underweight.

ETF in Utilities Recommendation for TFSA. One of his favourite ways to play utilities is the ZWU-T to give exposure to Canadian and US utilities. 70/30. It has a covered call overlay. 6-7% yield expected. Not a lot of volatility.

Gold. He does not work in fundamentals. He thinks there is a huge upside still and would buy on dips.

He uses GDX to play the mid to large gold sector. You want to buy dips. It will be volatile in the next few months.

Dividend ETFs with a monthly dividend, covered calls and a high yield. They give you great exposure to great companies.

Dividend ETFs with a monthly dividend, covered calls and a high yield. They give you great exposure to great companies.

Dividend ETFs with a monthly dividend, covered calls and a high yield. They give you great exposure to great companies.

Educational Segment. Interest Rate Market Globally. Germany just issued a 30 year bond with a negative interest rate. It makes no sense unless you think the currency will be worth less in 30 years than now. QE may not get the positive results in the equity markets that we love. Fixed income is going to be the most challenging question for investors.