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- Jan 15th, 2021 8:29 am
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- SCORE+162
- MK1986
- Sr. Member
- Apr 5, 2017
- 565 posts
- 107 upvotes
- Germack [OP]
- Deal Addict
- Oct 1, 2006
- 2212 posts
- 1914 upvotes
- Montreal
- profile
- Deal Addict
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- Jul 29, 2013
- 1271 posts
- 899 upvotes
- vivmk20
- Sr. Member
- Nov 16, 2013
- 675 posts
- 187 upvotes
- GTA
- divx
- Deal Expert
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- Oct 26, 2003
- 34615 posts
- 4082 upvotes
- Winnipeg
looks very good, it seems you don't really put a lot of weight into US stocks.
- Germack [OP]
- Deal Addict
- Oct 1, 2006
- 2212 posts
- 1914 upvotes
- Montreal
- blackcoffeetings
- Newbie
- May 4, 2018
- 67 posts
- 33 upvotes
- BC, Canada
Sorry this might be asked already, but given the pandemic etc, does one recommend resuming dollar cost averaging for long term ETFs? Or should we hold off? I don't know if we've seen the s&p500 bottom yet but then again, I'm not an expert in this.
- georvu
- Deal Fanatic
- Feb 4, 2015
- 6264 posts
- 2717 upvotes
- Canada, Eh!!
Should never have stopped DCA... idea is to continue buying no matter conditions... sometimes you buy on sale and sometimes you buy at a premium.blackcoffeetings wrote: ↑ Sorry this might be asked already, but given the pandemic etc, does one recommend resuming dollar cost averaging for long term ETFs? Or should we hold off? I don't know if we've seen the s&p500 bottom yet but then again, I'm not an expert in this.
.......
July 13, 2017 to October 25, 2018: BOC raised rates 5 times and MCAP raised its prime rate next day each time.
2020: BOC dropped rates 3 times and MCAP waited and waited to drop its prime rate to include all 3 drops.
July 13, 2017 to October 25, 2018: BOC raised rates 5 times and MCAP raised its prime rate next day each time.
2020: BOC dropped rates 3 times and MCAP waited and waited to drop its prime rate to include all 3 drops.
- Germack [OP]
- Deal Addict
- Oct 1, 2006
- 2212 posts
- 1914 upvotes
- Montreal
- mkannuri
- Deal Addict
- Oct 25, 2007
- 1586 posts
- 378 upvotes
- Mississauga
I have some spare cash apart from my regular DCA amounts and thinking of buying some sale products like individual stocks related to oil or banks..
any one would recommend as i dont have much knowledge other than the CCP ETFs (VAB/VCN/VUN/XEC/XEF)
any one would recommend as i dont have much knowledge other than the CCP ETFs (VAB/VCN/VUN/XEC/XEF)
- LOLUMIRINBRO
- Jr. Member
- Aug 8, 2013
- 199 posts
- 228 upvotes
- Delta
would VGRO be good enough to start DCA or should I do VEQT 70% and VGRO 30%
- Lavaris1
- Member
- Jul 4, 2018
- 343 posts
- 244 upvotes
My plan is to invest 20,000 in ETFs
Planning to invest 25% as onetime purchase
Then set weekly purchase for another 50%
Then want to keep another 25% for any other repeat of March 23rd or April 1st market
Please advice if it’s ok
Planning to invest 25% as onetime purchase
Then set weekly purchase for another 50%
Then want to keep another 25% for any other repeat of March 23rd or April 1st market
Please advice if it’s ok
- oldspice
- Jr. Member
- Nov 23, 2014
- 149 posts
- 34 upvotes
- East York, ON
What do you recommend for very large portfolios, say $1,000,000 or $4,000,000 starting now from just cash with a 20 year time horizon?
VRGO is at 0.25% MER, which is a significant fee annually to have it all done for you. Do you think instead you could buy the top 50 holdings in each EFT category it holds, to try to mimic some of the portfolio. By buying the individual stock, you juts pay the $10 commission for each trade one time and hang on to the stock. No other fees until you sell. Obviously, this doesn't work well for re-balancing or having an outlier of the top 50 stocks making a large enough impact on the portfolio. But you do save 0.25% * 5,000,000 = 12,500 CAD each year as a benefit in forgoing re-balancing and not having all the stocks in the index.
Option 1) buy the index, keep it simple, pay the fee
Option 2) buy the top 50-100 stocks in the EFT, weigted and rebalance every 5 years, etc.
Option 3) find another low cost EFT that has lower MERs which makes more sense for a really large portfolio.
Would love your thoughts on this?
- Germack [OP]
- Deal Addict
- Oct 1, 2006
- 2212 posts
- 1914 upvotes
- Montreal
Yes, VGRO sounds good assuming you can handle the volatility that will come with it. VEQT with VGRO is a very odd mix. VEQT is 100% equities while VGRO is 80%. 70/30 mix will give you 94% equities.LOLUMIRINBRO wrote: ↑ would VGRO be good enough to start DCA or should I do VEQT 70% and VGRO 30%
- Germack [OP]
- Deal Addict
- Oct 1, 2006
- 2212 posts
- 1914 upvotes
- Montreal
- Germack [OP]
- Deal Addict
- Oct 1, 2006
- 2212 posts
- 1914 upvotes
- Montreal
Option 1: Sounds good to meoldspice wrote: ↑ What do you recommend for very large portfolios, say $1,000,000 or $4,000,000 starting now from just cash with a 20 year time horizon?
VRGO is at 0.25% MER, which is a significant fee annually to have it all done for you. Do you think instead you could buy the top 50 holdings in each EFT category it holds, to try to mimic some of the portfolio. By buying the individual stock, you juts pay the $10 commission for each trade one time and hang on to the stock. No other fees until you sell. Obviously, this doesn't work well for re-balancing or having an outlier of the top 50 stocks making a large enough impact on the portfolio. But you do save 0.25% * 5,000,000 = 12,500 CAD each year as a benefit in forgoing re-balancing and not having all the stocks in the index.
Option 1) buy the index, keep it simple, pay the fee
Option 2) buy the top 50-100 stocks in the EFT, weigted and rebalance every 5 years, etc.
Option 3) find another low cost EFT that has lower MERs which makes more sense for a really large portfolio.
Would love your thoughts on this?
Option 2: I think this is a terrible idea
Option 3: Sounds good too. You can go for example with VAB/VCN/VTI/VIU/VWO for a total MER of ~0.09%
You seem to have accumulated quite a lot of money at a young age. Do you need to take that much risk (i.e. 80% equities)? A more conservative asset allocation may be better suited for you?
- ukrainiandude
- Banned
- Jun 15, 2012
- 2837 posts
- 1007 upvotes
- Saskatoon
What is your portfolio average buy price of VWO, and VGK ?
It looks like not much growth in those in the last ten years. Thanks
No need to type thank you; upvote=thanks.
Buffett, investors are focusing “not on what an asset will produce but rather on what the next fellow will pay for it.”
“Because gold is honest money it is disliked by dishonest men.” – R. Paul
Buffett, investors are focusing “not on what an asset will produce but rather on what the next fellow will pay for it.”
“Because gold is honest money it is disliked by dishonest men.” – R. Paul
- oldspice
- Jr. Member
- Nov 23, 2014
- 149 posts
- 34 upvotes
- East York, ON
Thanks, I have been about 100% in bonds/cash for now as my job is highly tied to the markets.
Thanks for your help, I will checkout those tickers you mentioned. I really appreciate it. Those MERs seem reasonable considering the size and aggregate fees paid annually.
I have a long time horizon, that's why I was thinking equities about 80/20%.
Should I think about 80/20 or 60/40 split based on time horizon?
Thanks for your help, I will checkout those tickers you mentioned. I really appreciate it. Those MERs seem reasonable considering the size and aggregate fees paid annually.
I have a long time horizon, that's why I was thinking equities about 80/20%.
Should I think about 80/20 or 60/40 split based on time horizon?
Germack wrote: ↑ Option 1: Sounds good to me
Option 2: I think this is a terrible idea
Option 3: Sounds good too. You can go for example with VAB/VCN/VTI/VIU/VWO for a total MER of ~0.09%
You seem to have accumulated quite a lot of money at a young age. Do you need to take that much risk (i.e. 80% equities)? A more conservative asset allocation may be better suited for you?
- oldspice
- Jr. Member
- Nov 23, 2014
- 149 posts
- 34 upvotes
- East York, ON
One more question for you,
If I have a sizeable sum
Do you suggest getting in now all at once, next week, or to dollar cost average in to the market, and how?
It feels like the market may fall and this could be a bull market trap, but who knows?
If I have a sizeable sum
Do you suggest getting in now all at once, next week, or to dollar cost average in to the market, and how?
It feels like the market may fall and this could be a bull market trap, but who knows?
Germack wrote: ↑ Option 1: Sounds good to me
Option 2: I think this is a terrible idea
Option 3: Sounds good too. You can go for example with VAB/VCN/VTI/VIU/VWO for a total MER of ~0.09%
You seem to have accumulated quite a lot of money at a young age. Do you need to take that much risk (i.e. 80% equities)? A more conservative asset allocation may be better suited for you?
- mkannuri
- Deal Addict
- Oct 25, 2007
- 1586 posts
- 378 upvotes
- Mississauga
Could you care to explain why VTI/VIU/VWO instead of VUN/XEC/XEF ?
I am currently holding VAB/VCN/VUN/XEC/XEF mimicing the old CCP portfolio 80/20 and wondering am i loosing any thing compared to VTI/VIU/VWO..