N/A
A Comment -- General Comments From an Expert
Market. He is attending 'Inside ETFs', the largest ETF conference in the world. Active vs. passive is a trend being talked about there. The fastest growing area in the ETF space is the active management ETFs. China: We saw last week the market got up to important technical levels on the S&P. There were questionable comments about would we get a China deal done. The markets are hyper sensitive to this deal. Tax rates were high once upon a time for the wealthy. It did not have a detriment to the economy. We really need policies today to lift the bottom half. Taxing wealth is not the right solution, however.
Unknown
BUY ON WEAKNESS
The MSCI Emerging Markets Index. Do you want to establish a new position in emerging markets today? He thinks we will re-test the December lows. He would wait until we see levels closer to December lows to step into emerging markets. There is a lot of volatility risk right now. He would buy into weakness.
E.T.F.'s
DON'T BUY
It is probably the best one in Canada in terms of residential REITs. You want to be cautious on REITs because they are expensive. This is not an ideal time to step into REITs.
investment companies / funds
N/A
ETF of ETFs. VCNS-T, VBAL-T, and VGRO-T are good examples. He would have a look at them.
Unknown
WAIT
Within about 20 years the world will get rid of currency but it will not be bitcoin that replaces it. It will be something else. He likes this ETF long term but over the next couple of years it could have a downturn so he would wait.
Financial Services
DON'T BUY
Augusta Gold
It could be 10% higher than today. He would prefer an equal weight gold ETF. G-T is probably a slight underperformer but he would buy gold stocks on a pull back.
precious metals
BUY
Non-FANG tech stocks. IGV-A and FNX-N? There are lots of great tech ETFs. Those two are great but he prefers ITEQ-N. See his educational segment today.
Unknown
N/A
Real Estate as an investment. He is not an expert but prices fluctuate for many reasons. Interest rates will stay low for decades to come. Regulations will curb a lot of the speculative nature of the market. He sees a cooling period. In a recession would see potentially a bigger hit.
Unknown
BUY
TFSA Investment of a Tech Fund for new ventures. TDEC is a disruptive technologies ETF. There are a lot of great names and it has great long term potential.
Unknown
N/A
Educational Segment. 5 ETFs he has discovered at his conference in Florida: DTEC is a disruptive technologies ETF. ULBR is a Long Libor ETN, playing the short term interest rate market. POCT uses a bunch of swaps and derivatives to track S&P on the upside but protects on the downside. PUTW is an S&P put write strategy and COMB is a broad commodity ETF.
Unknown
N/A
A Comment -- General Comments From an Expert
Market. The gong show continues in Washington but the companies he owns are showing good earnings. FB-Q had a great turnaround. He is convinced that the market is still in good shape. China: Its growth is slowing but the standard of living is rising. New entrants into the labor force will be slowing due to the one child policy. The growth rate is slowing to a pace where the rest of world wishes they could get up to. The ugly correction in the fourth quarter last year was just fear. There was a lot of panic selling.
Unknown
BUY
They invested in Canopy growth (marijuana stock) but the stock is still lower than when they made that investment. He thinks things will work out well for them. This is the right partner for pot beverages. You can buy the stock now and you will get something out of it.
breweries / beverages
WEAK BUY
Cineplex Inc
You own it for the dividend, but it is paying out everything they make right now. They have great management. He would buy for the dividend but he does to expect a full recovery.
other services
WAIT
He stays away because of the political noise. Valuation does not matter. There is still a lot of fallout to come.
contractors
DON'T BUY
Spotify Technology
He has looked at it a little but s not ready to buy. There is a lot of excitement. If they can dominate music it will be a big winner.
Technology