Mike Philbrick

It's important to hold a diversified portfolio. In 2022, stocks and bonds both declined, which is unusual. During inflation, stocks and bonds start to move together instead of moving separately, and this increases portfolio volatility.

Holds high-quality US stocks that pay yields, stocks that Warren Buffett would hold. Add an option overlay which generates tax-efficient cash flow. Yield is 6.35% and MER 0.37%. Holds classics like Nvidia and Alphabet and T-bills. It also sells puts which can be good or bad. Overall, this is good if you want yield and quality US stocks.

Base metals ETF?

Base metals are economically sensitive, but there is long-term demand for them. XBM holds larger-cap stocks like First Quantum, Rio Tinto and Freeport-McMoRan. 50% of this ETF are the biggest names.

Base metals ETF?

An equal-weighted ETF including Hudbay, Lundin and First Quantum as the top holdings or 20% of the portfolio. Diversified and includes some smaller-cap names.

Base metals ETF?

Uranium prices have been on a tear. This holds small- and large-cap uranium stocks.

Holds all Canadian bonds--federal, provincial, corporate. All quality bonds. Start here if you want bond exposure.

If you want inflation protection and bonds. They take the CPI and add a spread. It's about inflation expectations. So if they're robust, they're already reflected in the bond price, then you won't see a big pop in the ETF price. Conversely, if they're underpriced, this ETF can perform. Real return bonds have struggled. Own this in a registered account to avoid tax headaches. You should own real return as well as nominal bonds. But don't go all-in in real return bonds.

(A Top Pick Apr 03/23, Down 2%)

Highly diversified among semis, which has seen a wild ride in recent years. Even Buffett sold his position in Taiwan Semis. Are many geopolitical uncertainties. XSD is fine; it's not overexposed to darlings like Nvidia and reduces risk. It remains a hold, but there are other ways to play AI. Feels a little disappointed by this.

(A Top Pick Apr 03/23, Down 4%)

You should hold gold as a hedge against inflation and helps with currency devaluation. Gold suffers when real returns are higher, like now. You should accumulate this now during weakness. KILO is reliable and good for gold exposure.

(A Top Pick Apr 03/23, Up 26%)

This is the hedged version (the Yen hedged to USD), a good thing. So, as the Yen declines, Japanese companies grow more attractive. He remains perplexed about investor apathy towards Japan.

The original gold ETF. It tries to hold physical gold, which is a good hedge against currency devaluation, inflation spikes and general uncertainty. Gold is struggling now, but it's a good time to buy this during weakness.

In CAD and USD, and charges an MER of 0.28%. Own this in a non-registered account. Holds the big tech names like Amazon, Apple and Tesla. HXQ has done well this year, but a caveat is that only Microsoft has outperformed the market since 2000.

Hold the big Canadian banks, Enbridge, BCE and Manulife. But the option premiums on these stocks is small.  So, you're selling some of the upside potential, but not getting downside potential. But this pays you high-paying dividend stocks at a 0.72% MER.

It offers exposure to the world, including emerging markets. Good. Long-term, stocks pay good returns, but expect some volatility.

This asset class has been down for 5 years during a long period of investor apathy. But when an asset class has been down for longer than 3 years, you start to consider it. HMMJ has US exposure where there is growing public support for legalizing canopy. Maybe start with a small position. This is a volatile sector.