Inflation is not going anyway anytime soon. The US Fed needs to keep its foot on the gas. We're already in a recession. There is more risk in the market than at any time since Covid hit. Play defence for the next little while. Don't stand pat--do something. trim exposure to equities. Take profits. Shift from 60/40 stocks/bonds to 50/50. We still have rate hikes to come, so things will get worse before they get better.
value ETF He likes value, which outperforms growth historically. Invest in Canada, US or world? Look at Blackrock or Vanguard. Plain-vanilla ETFs that are cheap and broadly diversified are best.
Buy gold miners or bullion? It holds miners and trades on the TSX. Caveat: YTD, gold has underperformed consider high inflation. Historically, gold performs well when there's war or inflation. We have both, but gold is not performing. Miners go up higher when gold prices rise, though falls lower when prices decline.
water A fine, long-term strategic hold given environmental concerns. Namely, global warming is a real concern that Bay and Wall streets still need to come to terms with. You must use water for agriculture, personal use and infrastructure, so demand is solid. Water investments are pretty safe.
Hedge or non-hedged ETF? It's a personal question. Any hedged security should have large volumes. If you have a long-term horizon, like 20-30 years who will now what will happen to a currency in that span and the hedge costs 5-10 basis points, it isn't expensive, but you could save that in that long span.
All-in-one ETFs They are excellent, since they give you a wide basket of stocks. You set it and forget it. Great for long-term investors who don't want to spend time micromanaging their portfolio. Some are balanced, growth, defensive, high-growth, so buy the one that suits you.
(A Top Pick Jan 10/22, Down 16%) Still believes in it long-term. EM is cheap vs. other places, offering lower PEs. Most have no EM exposure, so this fills that gap. It holds 50-60 stocks from many countries, so it's well-diversified.
(A Top Pick Jan 10/22, Up 10%) He's worried about valuations now. PEs have tumbled this year and will continue. This is why this is good to own. Good to own when markets are choppy, and they will be in months to come. If the S&P goes down 2% in a day, HIU will rise 2%.
One of the better income ETFs. But he's concerned the market is in a bubble in all assets. That said, bonds are the safest. ZAG may go up from here. A great long-term strategic hold. A leader in the bond space.
inverted yield curve The difference between the 2-year and 10-year bond yields is -30 basis points which is wide and it's getting wider. Yield curves predict recessions which he expects. We should be concerned.
Excellent ETF, but a bad time to get into it, unless you have a 20-year-year horizon. Instead, wait till 2023 to consider it. He sees storm clouds in the market coming. He is bearish the S&P short-term.