Q: portfolio strategy
the Buffet quote / instruction to his heirs, is to put 90 % of the portfolio in a S&P 500 etf and the remaining 10 % in a fixed income ETF.
I believe his arguments are
1. simplicity for the non professional heir (and not likely to be too interested in managing a portfolio)
2. the S&P 500 is adequately diversified in sector and global diversification is accounted for by virtue of the majority of companies having a global presence, example apple products sell everywhere.
Assuming same parameters, heirs who receive a sizeable portfolio who are too busy with no interest in managing it and don't want to hire "professional" help.
Please provide your opinion on this "Buffet" approach Pros - Cons and how would you perhaps editorialize or tweak this approach to optimize it,
the Buffet quote / instruction to his heirs, is to put 90 % of the portfolio in a S&P 500 etf and the remaining 10 % in a fixed income ETF.
I believe his arguments are
1. simplicity for the non professional heir (and not likely to be too interested in managing a portfolio)
2. the S&P 500 is adequately diversified in sector and global diversification is accounted for by virtue of the majority of companies having a global presence, example apple products sell everywhere.
Assuming same parameters, heirs who receive a sizeable portfolio who are too busy with no interest in managing it and don't want to hire "professional" help.
Please provide your opinion on this "Buffet" approach Pros - Cons and how would you perhaps editorialize or tweak this approach to optimize it,
Q: Hi - have some dry powder available to be able to invest. We're close enough to the orange-man implementing tariffs that I'm going to wait and see what happens next week before deploying. I'm guessing any decline in stocks will be felt more in Canada than the US, but I"m wondering what you think might take a hit and what Cdn & US companies you might look at buying should the market have a healthy pullback. Probably better to ask if/when things sell off, but I'm just trying to prep my shopping list. Thx.
Q: hi,
do you know how the US indices have performed if the "magnificent seven" and excluded? ie how is the rest of American business doing? further do you think we are in "bubble" territory currently?
cheers, chris
do you know how the US indices have performed if the "magnificent seven" and excluded? ie how is the rest of American business doing? further do you think we are in "bubble" territory currently?
cheers, chris