Q: For a young person (20 years old) who has little knowledge of or interest in investing, no interest in selecting individual investments, monitoring a portfolio or having to rebalance assets, what do you think of using a global 100% equity asset allocation ETF for long-term, ongoing contributions to TFSA’s, FHSA’s, RRSP’s, etc in order to make investing as easy and simple as possible and to encourage/reinforce a regular, long-term investing habit over several decades? If this sounds reasonable is there a global 100% equity asset allocation ETF that you would recommend or are they all pretty much interchangeable? Given the size, reputation and historical track record (safety) of firms like Blackrock, Fidelity, Vanguard, BMO, etc I assume there is little to choose from between the different ETF’s. Is there any other (better & simple) strategy you would suggest as an alternative, given the investor profile? Thanks.

Q: Is there any inherent or unreasonable risk in having one's entire portfolio in a single ETF such as XEQT or VEQT? This would be under the scenario of buying a position and holding for an extremely long time frame eg 30 - 40 years. Given the complete diversification of either of these ETFs, is there a better approach than having all your eggs in one basket?

Q: Hello,
For international exposure, I was thinking of buying equal amounts of Vanguard VEQT, and Bmo ZDI or should i diversify and buy equal amounts of the two plus the Manulife IDIV-B international dividend etf . These 2 or 3 three (based on your view) would be in addition to the US ETF , VUN on toronto and XIU on toronto ..Your comments would be appreciated .