Q: Hello Peter,
From an earlier question on VFV in terms of foreign taxes, it looks like there is a double taxation as VFV invests in US ETF not directly in US stocks.. I would think i am better off with xsp excepts the etf hedges. Would i better off just investing in SPY or is there another ETF that is like VFV but invests directly in US stocks.. Thanks very much

Q: Just a follow up to a previously answered question regarding which ETFs you would choose. What would be your weighting in a portfolio containing SPY, QQQ, IJH, AGG and VYM?

If you were to remove bonds (AGG) altogether, where would you allocate weighting?

Q: There have been a number of questions recently asking how to construct the best etf portfolio. I thought you did an amazing job in answering these. I had a couple of questions, though, to which I like your response.

You recommend SPY. I believe you also answered QQQ in some place. Would one need QQQ if one already owned SPY? I am speaking here as an average retired investor willing to take a little risk. The concern is that the top ten holdings of the two funds is quite similar. The other concern relates to thèse top ten holdings. A lot of both funds is invested in high flying technology stocks. You often mention that the danger in investing in a Canadian index fund is that they are heavily weighted to three industry sectors. Wouldn’t the same fear hold true for SPY? And if so, would a good work around be a combination of a market weighted fund, such as RSP and an appropriate balance of SPY and QQQ?
Thanks