Equal rate REIT ETF. He has said for the last year and a half that they had downside risk, but now he is at maximum position in REITs in his dividend fund. In the last month or so he has been adding every time it has been getting weak. This is one of the ones he holds.

It is a balance income fund. It includes bonds. It is good for a long term holding. It is a nice diversified way to get exposure across the sector, but is concentrated in Canada. Combine it with CYH-T.

Euro. Covered call and hedged to CAD$. This was one of Larry’s ideas. He loves it for the principals.

US Banks. If you made it 5% of you position, then don’t average down and buy more. It is a bad idea to buy more. If you hold less than a position then you could buy it. It will be in a trading range for the next couple of years.

It is well documented and under a lot of pressure. It should stay in the index. It will be helpful to the company when or if it has a turn around. He does not own it because of debt. They may get things turned around.

You have a lot going on with energy stocks. The juniors are the most down. He would prefer companies with a little more capitalization. Energy is not a renewable resource. It is not recyclable. These Nat gas and Oil prices are under a huge amount of pressure and at some point something has to click in. You will see a plateau somewhere. You don’t have to worry about ECA-T going out of business.

GWO-T is worth considering also. Life Companies. They are big beneficiaries if and when interest rates go up. Future liabilities are discounted more in an increasing interest rate environment. He prefers Great West Life.