Q: I'm new here so I'm hoping these two questions will be phrased properly and not too general. Please let me know if this is the case. Thank you in advance.
1) The performance of the US markets seems to be much better than TSX in the longer term. Should an average investor consider focusing mostly on US holdings instead of Canadian stocks?
2) I would like to get your opinion on HBGD in terms of potential returns, how risky is this ETF and what role could it play in an average investor's portfolio within a 7-8-year timeframe before when decumulation begins.
Note this is for an RRSP account.
Thank you in advance for any insight. Cheers.
1) The performance of the US markets seems to be much better than TSX in the longer term. Should an average investor consider focusing mostly on US holdings instead of Canadian stocks?
2) I would like to get your opinion on HBGD in terms of potential returns, how risky is this ETF and what role could it play in an average investor's portfolio within a 7-8-year timeframe before when decumulation begins.
Note this is for an RRSP account.
Thank you in advance for any insight. Cheers.