Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
July 30, 2018

Canadian high tech companies.  The top 4 are 75% of the portfolio.  That is a risk. You could just buy the top 4 names individually.  We had a massive run in these stocks.  There is a fear of missing out.  The momentum has cracked a bit in the last few days.  Be conscious of the risk when you buy these ETFs.

Canadian high tech companies.  The top 4 are 75% of the portfolio.  That is a risk. You could just buy the top 4 names individually.  We had a massive run in these stocks.  There is a fear of missing out.  The momentum has cracked a bit in the last few days.  Be conscious of the risk when you buy these ETFs.

Mike Philbrick
President, ReSolve Asset Management
Price
$18.960
Owned
Unknown
BUY
BUY
July 30, 2018

This is a thoughtful, well constructed ETF.  The low volatility factor is one of these strange factors.  It is really well diversified.  He would not try to time it.  Keep in mind that if the market went down 30-40% this one will go down, even though not as much.  You should take less risk but get the same returns as the market.

This is a thoughtful, well constructed ETF.  The low volatility factor is one of these strange factors.  It is really well diversified.  He would not try to time it.  Keep in mind that if the market went down 30-40% this one will go down, even though not as much.  You should take less risk but get the same returns as the market.

Mike Philbrick
President, ReSolve Asset Management
Price
$30.650
Owned
Unknown
DON'T BUY
DON'T BUY
July 30, 2018

The S&P 500.  US Equities.  They tend to do well when we have benign inflation, good global growth and abundant liquidity.  But now we have some liquidity coming out.  People are selling actively managed stocks to buy the S&P 500 themselves.  This means that when they want to get out, all these investors will be selling the same stocks.  ETFs are more popular than in 2007/8.

The S&P 500.  US Equities.  They tend to do well when we have benign inflation, good global growth and abundant liquidity.  But now we have some liquidity coming out.  People are selling actively managed stocks to buy the S&P 500 themselves.  This means that when they want to get out, all these investors will be selling the same stocks.  ETFs are more popular than in 2007/8.

Mike Philbrick
President, ReSolve Asset Management
Price
$279.950
Owned
Unknown
TOP PICK
TOP PICK
July 30, 2018

He is going to be in this one forever.  In 2003 it was 0.5% of global market cap and has grown to 10%, a 2000% increase.  It is a long term hold.  He does not believe China is going to slow down.

He is going to be in this one forever.  In 2003 it was 0.5% of global market cap and has grown to 10%, a 2000% increase.  It is a long term hold.  He does not believe China is going to slow down.

Mike Philbrick
President, ReSolve Asset Management
Price
$0.000
Owned
No
TOP PICK
TOP PICK
July 30, 2018

It is all about diversification.  This is a covered writing ETF, equal weight, and largest international companies.  It is not in the midst of a massive bubble.

It is all about diversification.  This is a covered writing ETF, equal weight, and largest international companies.  It is not in the midst of a massive bubble.

Mike Philbrick
President, ReSolve Asset Management
Price
$6.400
Owned
No
TOP PICK
TOP PICK
July 30, 2018

About a 4% yield.  You are starting to see some pretty significant asset flows.  It is a complementary asset to stock and bond portfolios.  You are starting to see fund flows into this area.

About a 4% yield.  You are starting to see some pretty significant asset flows.  It is a complementary asset to stock and bond portfolios.  You are starting to see fund flows into this area.

Mike Philbrick
President, ReSolve Asset Management
Price
$79.880
Owned
Yes