TOP PICK
NASDAQ 100 Equity Hedged-Cnd$ ETF. As some of the US economy will be growing slower, real growth will be in the NASDAQ. Has about 20% health care. This is pretty much a core holding for him.
TOP PICK
(A Top Pick March 4/10. Up 11.27%.) S&P/TSX 60 ETF. Half of the revenue of these companies is coming from offshore. Uses covered call strategy on this also.
TOP PICK
(A Top Pick March 4/10. Up 10.17%.) S&P/TSX Energy ETF. Yield of 2.1%
PAST TOP PICK
(A Top Pick March 4/10. Up 1.95%.) Yield to maturity is the most important thing and is currently about 2% and current yield is about 3.6%.
DON'T BUY
Natural Gas ETF. Quite volatile and he has very little exposure to it. At some point natural gas will go up but doesn’t see it on the horizon right now. If you own, consider for tax loss selling.
DON'T BUY
S&P Global Water ETF. Not something he would be interested in.
COMMENT
Canadian Financial ETFs? He is Holding and writing covered calls against them to generate income and to operate as a hedge. He prefers Equal Weight Bank ETF (ZEB-T) as he is not interested in the insurance companies.
BUY
Junior gold producers ETF (not exploration), which should give you some good leverage on the gold position. More speculative than the large producers, but nothing wrong with it.
COMMENT
Maximum time for optioning to maximize premiums? He normally uses 6 to 7 months, which is not as profitable as 3 months but gives him better downside protection.
COMMENT
Equal Weight REITs Index ETF versus S&P/TSX Capped REIT (XRE-T)? The decision on REITs is to how much you like RioCan (REI.UN-T) because the latter is about 25% of this company while the former is about 7%..
COMMENT
Equal Weight REITs Index ETF (ZRE-T) versus S&P/TSX Capped REIT? The decision on REITs is to how much you like RioCan (REI.UN-T) because the latter is about 25% of this company while the former is about 7%.
BUY
S&P/TSX Global Mining ETF. Primarily a gold mining ETF so it depends on your view of gold. As and ETF product, there is nothing wrong with it. You could also consider &P/TSX Global Gold (XGD-T).
BUY
S&P/TSX Base Metals ETF. Likes this because it has diversified base metals. Uses it on a long-term basis.
HOLD
Has been more of a defensive stock. A little rich at 15X earnings. Won’t grow much with a growing US economy.
BUY
On his radar screen. Good multiple of only 11X next year’s earnings. With flat screens TVs and 3D TV coming it looks good.