Stock market thread.

[The Iron Sheik]

I'm using a robo advisor at the moment (WeatlhBar). Very happy with their service. You pay a bit more than managing yourself, but I don't mind it at the moment. I don't have a super high amount yet.

[Mr. Guru]

What etfs do you have Blayze.

And what is wealthbar?

- - - Updated - - -

What etfs do you have Blayze.

And what is wealthbar?

[blayze]

I just hold the standard ones that follow the broader established indices - TSX 60, S&P 500, Emerging Markets, EAFE, smaller holdings in the small cap ETFs and energy.

If you buy the more specialized ones they'll charge higher MERs (Management Expense Ratio) which eats away at your returns and usually get outperformed by the basic ones, so stick to the ones with low MERs.

Here's a list of ishares largest ETFs

https://www.blackrock.com/ca/individ...list&fac=43511

[forumname]

I keep a simple 40/30/20/10 split of Canada/US/International/Emerging markets - VCN / VUN / VDU / VEE

[doulos]

70/30 split of stocks and bonds in a standard couch potato setup with mutual funds. Once our account total hits high enough we will switch to ETFs since it will be cheaper.

Also own 2 bitcoin that I bought a couple years ago. May increase that amount this year, we'll see.

- - - Updated - - -

70/30 split of stocks and bonds in a standard couch potato setup with mutual funds. Once our account total hits high enough we will switch to ETFs since it will be cheaper.

Also own 2 bitcoin that I bought a couple years ago. May increase that amount this year, we'll see.

[forumname]

I keep a simple 40/30/20/10 split of Canada/US/International/Emerging markets - VCN / VUN / VDU / VEE

[Tobias Funke]

I'd imagine Dutch's head is exploding not being able to log in and tell you all what's really going on.

[GSD]

Meh, not my style of trading. I think investing is riskier than day trading.

You are dead nuts on Guru. Diversify and don't try to be the smartest guy in the room.

[Mr. Guru]

Yeah I worded that wrong.



In a broader sense I think investing is riskier/not worth it than being active with your portfolio.

- - - Updated - - -

Yeah I worded that wrong.



In a broader sense I think investing is riskier/not worth it than being active with your portfolio.

[Loch]

I'd imagine Dutch's head is exploding not being able to log in and tell you all what's really going on.

You mean how the Donald Trumps of the world are sat above us at a table laden with all the finest foods while we scurry about below arguing over the best spots on the floor to find crumbs?


My cynicism has almost achieved self awareness...

[doulos]

Yeah I worded that wrong.



In a broader sense I think investing is riskier/not worth it than being active with your portfolio.

So you think that someone should be an active investor then? Doesn't that go contrary to actual evidence? Or am I misunderstanding what you're saying?

[Mr. Guru]

I think it much harder, mentally, to be active and I think the rewards outweighs the risk of investing over a long period of time.

I also think being active exposes you to more risks.

A balanced juggling act is perfect but very, very hard to pull off.

[chuckcouples]

Here we go again. Anyone who thinks that ETFs are better than quality mutual funds should talk to people who know what they are talking about. Either that or google things like Fidelity's Contrafund (in the US) or Dynamic Power Global Growth (in Canada). These funds have significantly beaten their respective indexes for 15+ years. The Contrafund has beaten its index by almost 3% per year after fees for over 25 years.

Passive management is also extremely scary right now as markets are hitting all time highs.

[doulos]

I think it much harder, mentally, to be active and I think the rewards outweighs the risk of investing over a long period of time.

I also think being active exposes you to more risks.

A balanced juggling act is perfect but very, very hard to pull off.

Interesting perspective. I actually think the opposite, that to buy and hold through every up and down, without trying to time the market, is much more difficult psychologically. It seems there are as many opinions on investing as there are fitness and diet!

[Mr. Guru]

What is hard about buying and holding and hoping?

EDIT: And sometimes, what is hard about someone else telling you what to buy and hold and hope?