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Philip Morris International Inc (PM)
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iShares Core Canadian Universe Bond Index ETF (XBB)
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Berkshire Hathaway Inc. (BRK.B)
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iShares Core 40/60 Moderate Allocation ETF (AOM)
Q: I am going to sell most of my u.s.stock so will have u.s. funds. where should I invest it for safety I am 87
5i Research Answer:
For conservative options, we think GICs and money market fund should be the primary choice for the safety of the principal. Alternatively, some well-diversified balanced ETFs such as AOK, AOM and AOR could be another option for long-term holdings. These provide a diversified mix of bonds and stocks. Pure bond funds such as XBB can also be suggested. On the other hand, there are also some individual names with decent downside protection and good upside potential over the long run such as BRK.B, and PM. ANY equity position will have some risk, of course, so sticking with guaranteed income investments may be the best choice for a highly conservative portfolio.