The longer the bond term, the longer the duration, and the more exposure to interest rates moving up and down. A longer-term bond will likely outperform in a falling rate environment. Not averse to this plan, but better opportunities even at 3.5-4% mid-term bonds. 

You can also get 6-7% on some equities, but it does depend on your time horizon and when you might need the money. If your timeline is 3+ years, a company like ENB or POW would be a better place.

Company Highlight: Aritzia (ATZ)

ATZ operates as an apparel company that focuses on building brand and style rather than just trends. ATZ has gained significant traction and loyalty among consumers in recent years, especially among the young demographic due to its effective social media strategies by leveraging social media (mainly TikTok and Instagram) and influencer strategies. the company demonstrates great execution by not only resuming sales growth, and store expansion but also managing inventory in a more efficient manner. Investors now expect the worst is now behind the company, ATZ is trading at a fair multiple, and we think the company could potentially see a re-rating by the market if ATZ could demonstrate solid execution and resume its previous growth trajectory of double-digits.
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Stock market feels strange as many stocks rising that don't usually correlate. All major stock indexes are at record highs which is defying conventional wisdom. Many investors and pundits are vexed as to the reason behind market strength. Currently "the bears" are very wrong, as strength in markets keeps going. For example, commodities and utilities are rising at the same time. Another rule of thumb - FANG has strength while other sectors fall - is not coming true. It appears many groups of investors are converging (tech/growth, hard assets/value). However, many investors are skeptical - believe consumers will tap out eventually. If interest rates are cut - will further boost economy. Bottom line is that the bull market is an amazing phase (even if investors are wrong). 

Probably the latter. What moves markets is things that aren't known, and this is really known. The Canadian yield curve is inverted, instead of up and to the right. This is because the Canadian economy is not robust, and we are so indebted. Lots of people were caught the wrong way on the direction of interest rates on renewals.

It will hurt the Canadian economy. But not the stock market in general, because it's tethered to global growth and what's happening in the US. A lot of Canadian companies can do very well under that framework.

His firm doesn't use them at all. A vehicle used to lever your outcome. Be very careful, you have to understand them well. As a retail investor, take a plain vanilla view -- you can make a good amount of money just by being a long-term investor in quality companies.