Q: Greetings 5i,
I realize that you do not technically cover American stocks, but would value your opinion on this matter if possible.
I currently hold TPU.TO (slightly more than a half position), as well as a larger position (slightly more than my other "full positions") in BRK.B (held in US dollars). I am 36 years old, conservative, and greatly prefer long term holds.
My question is two-fold, so please deduct two credits if you deem it appropriate. First, given the enormity of BRK, as well as its ability to often outperform the S&P 500, do you feel as if both should be owned for broad American exposure, or would a single, consolidated position in BRK be more appropriate (I essentially look at BRK as a very low cost mutual fund)?
Second, if you feel that owning both BRK and an S&P 500 ETF is beneficial, would you recommend holding the ETF in Canadian or American dollars? If the latter, could you suggest a suitable US dollar replacement for TPU?
At present, these two holdings are my only direct exposure to US Equity (I also have XHY for US bond exposure), although I am planning to add a few single positions over the next year or so.
Thank you.
I realize that you do not technically cover American stocks, but would value your opinion on this matter if possible.
I currently hold TPU.TO (slightly more than a half position), as well as a larger position (slightly more than my other "full positions") in BRK.B (held in US dollars). I am 36 years old, conservative, and greatly prefer long term holds.
My question is two-fold, so please deduct two credits if you deem it appropriate. First, given the enormity of BRK, as well as its ability to often outperform the S&P 500, do you feel as if both should be owned for broad American exposure, or would a single, consolidated position in BRK be more appropriate (I essentially look at BRK as a very low cost mutual fund)?
Second, if you feel that owning both BRK and an S&P 500 ETF is beneficial, would you recommend holding the ETF in Canadian or American dollars? If the latter, could you suggest a suitable US dollar replacement for TPU?
At present, these two holdings are my only direct exposure to US Equity (I also have XHY for US bond exposure), although I am planning to add a few single positions over the next year or so.
Thank you.
