(Top Pick Aug 07/15, Up 1.20%) This is a place to park money.  It really does not move.

(Top Pick Aug 07/15, Up 5.11%) There are no distributions.  All you get is the total return of capital gains.  The ETF is based on a swap. 

It is paying a yield of 7-8% and he would look at it if he was anxious to do Europe.  It has held its value rather well despite the turbulence.

He bought it for a trade and still holds it.  He is looking for 20% and then in all likelihood will be out.  He thinks it has further to go from here. 

The Canadian market got clobbered last year.  This one has not fully recovered yet.  He would not abandon ship.  It has not made money because the market has not made any money.  This is solid and he would not be selling it.

Continue Exposure to XBB-T?  Everyone is disappointed in the return on bonds.  The XBB-T is a mid-term bond ETF.  The return is low but that does not mean you should be piling into equities.  You are adding to risk if you don’t have this exposure.  If you sell, then buy some money market.

Dogs of the DOW.  The idea is that you look at the DOW stocks and buy the ones that are not performing.  It is an old concept and he is not thrilled with it.  It does not always work.