The markets slid today and this week. If you have the proper portfolio in place, don't worry. If you were chasing the flavour of the day, like the FAANGs, then you're bleeding. But if you're fully diversified, you're fine because those winners offset those stocks that fell. He's up (in his portfolio) for the year. He's seen gains in Europe and Asia. He avoids stocks that correlate with each other. So, if he owns TD, then that covers US and Canadian banks, and he will hold no other Canadian bank. He holds 20% cash. For bonds, he builds laddered-bond portfolios of 10 years or more. As interest rates have risen, something matures each year that is rolled over into a higher coupon. He's in corporate U.S. bonds.

The future is still bright, despite the current noise. Small caps are always volatile. A slowdown in U.S. housing and steel tariffs are headwinds. Nothing wrong with owning this; don't worry about the price fluctuations. Remember, it offers 20% dividend growth yearly. They're also in the water purification business which hasn't hit its bottom line yet.

Doesn't like the company. The stock has been suffering for the past decade. They're in furniture and bicycles, both businesses under pressure. Dividend hasn't grown.

What ETF to buy that focuses in on industrials, particularly something in Japan? Can't afford stocks, just ETFs. Buy 1 Canada, 1 U.S. and 1 international, the latter for Japan exposure. Make them all big indexes to avoid price slippage that you'd find in a more concentrated ETF.

(A Top Pick Nov 01/17, Down 7%) A small-cap industrial (that makes fuses), so there'll be volatility. Demand is good and they are nicely diversified. They boast 15% earnings and dividend growths, with free cash flow growing 20% yearly. He still believes in this, and has long held it. Last quarter, profits were up 15%.

(A Top Pick Nov 01/17, Up 33%) They kill insects, so they benefit from hurricanes, earthquakes, etc. ROL was shorted this week by a firm because ROL was trading at a high 50x earnings. They're growing nicely. Dividend has been growing at 25%.

Europe is a basket case now, because interest rates are negative. ING's profit was lower this past quarter, because of a settlement with the Dutch government in September. ING is not growing as fast as he'd like.

They have fallen on hard times. They have deals on the table, but no guarantees, and the margins are thin in this business. This trades at a cheap multiple though at 5x forward earnings and 2x cash flow. They have to close deals and get wider margins. A tax-loss sell.