Q: Thank you for your answer to the question (copied below) that I asked a few days ago.

I wasn't so much asking about my own strategy, but whether you think such a strategy (moving some money out of tech and into the broader market) is a good move in the current climate.

NVDA and GOOG are part of the same theme. Do you think these are winners to be held on to, or whether trimming a bit to put in the broader market would be wise?


Question: Given that the market is broadening out and that I would like my portfolio to follow suit, I am thinking of switching half of my money in XUU, a market-cap weighted fund which makes up about 10% of my portfolio, to EQL, an S&P equal-weighted fund.

What would your opinion be on that?

Also, along the same line of thought, I'm considering trimming NVDIA and GOOG although the mere mention of it has my investing friends screaming "NO!". They understand the sentiment but think it's not the right time.

Answer: We think XUU is a solid fund, but if diversiifcation is a goal then we think EQL makes good sense. For example, XUU currently is about 42% tech. EQL is barely at 10%.

Q: Given that the market is broadening out and that I would like my portfolio to follow suit, I am thinking of switching half of my money in XUU, a market-cap weighted fund which makes up about 10% of my portfolio, to EQL, an S&P equal-weighted fund.

What would your opinion be on that?

Also, along the same line of thought, I'm considering trimming NVDIA and GOOG although the mere mention of it has my investing friends screaming "NO!". They understand the sentiment but think it's not the right time.

Q: is there an equal weight S&P 500 ETF that can be bought in CAD (but not hedged) and does not pay a dividend?