Investment Q&A

• BMO Nasdaq 100 Equity Hedged To CAD Index ETF (ZQQ $161.95)
  • $161.95 P/E (TTM): 98.45X Cap: $2.50B
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• iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ $58.31)
  • $58.31 P/E (TTM): 98.54X Cap: $3.81B
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• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
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• INVESCO QQQ Trust (QQQ $571.97)
  • $571.97 P/E (TTM): 59.46X Cap: $368.43B
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Q: Good afternoon,

I am starting a RESP for our grandsons: one born in 2021, the other born in 2023.

To maximize the CESG grant I contribute just over 2500$/year.

How would you suggest to invest the funds ? 2 or 3 index funds?
Would you include a NASDAQ -100 index fund such as XQQ, ZQQ or HXQ or even XIT (Canadian tech ETF)?

I would appreciate your guidance.
Kind Regards

Upvote 0

Read Answer Asked by Elaine on April 26, 2023

• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
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• Vanguard S&P 500 ETF (VOO $593.21)
  • $593.21 P/E (TTM): 81.12X Cap: $684.78B
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Q: Can you explain the difference in performance between these two?

Also, I hold VFV in my TFSA and non-registered accounts, VOO in my RRSP. Is this the way to go?

Upvote 0

Read Answer Asked by Brucey on April 18, 2023

• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
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• Magnet Forensics Inc. Subordinate voting shares (MAGT $44.24)
  • $44.24 P/E (TTM): 147.69X Cap: $1.82B
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Q: The proceeds of the MAGT takeover will be going into the new first home savings account... which stock would you yourself be buying with the cash? Thanks

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Read Answer Asked by Julia on March 31, 2023

• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
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• Vanguard Balanced ETF Portfolio (VBAL $35.48)
  • $35.48 P/E (TTM): 15.14X Cap: $3.78B
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Q: If a person had a modest amount to invest in their new RSP, say ~$8K, and a long time horizon, what would you suggest? Medium risk with DRIP if possible.

Upvote 0

Read Answer Asked by Jean on March 30, 2023

• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
  • View VFV Profile
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• Vanguard S&P 500 ETF (VOO $593.21)
  • $593.21 P/E (TTM): 81.12X Cap: $684.78B
  • View VOO Profile
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Q: Can you explain the difference between returns of VOO and VFV if one is preferable to the other in a non-registered account, RRSP, and TFSA?

Upvote 0

Read Answer Asked by Brucey on March 27, 2023

• AT&T Inc. (T $28.77)
  • $28.77 P/E (TTM): 16.73X Cap: $205.71B
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• BMO Covered Call Canadian Banks ETF (ZWB $21.65)
  • $21.65 P/E (TTM): 12.51X
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• BMO Equal Weight Utilities Index ETF (ZUT $24.63)
  • $24.63 P/E (TTM): 40.82X Cap: $726M
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• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
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• TD Active Global Real Estate Equity ETF (TGRE $15.40)
  • $15.40 P/E (TTM): 95.26X Cap: $88M
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• Purpose Bitcoin ETF (BTCC $21.25)
  • $21.25 Cap: $1.05B
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Q: My Grandsons are 3 &1 old. They have 43% ZUT, 35% VFV, 21% ZWB and 0.9% BTCC.in their present RESP. I am looking for thoughts for the coming year deposit.
My thought are add to VFV (not enough now to reinvest),add a Reit ETF like TGRE or add an telecom ETF. I can not find a telecom ETF in Canada so maybe an alternative would be T.
All thoughts would be much appreciated.
Thank you

Upvote 0

Read Answer Asked by David on March 22, 2023

• iShares Core MSCI All Country World ex Canada Index ETF (XAW $48.95)
  • $48.95 P/E (TTM): 1.66X Cap: $3.16B
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• iShares Core S&P/TSX Capped Composite Index ETF (XIC $45.29)
  • $45.29 P/E (TTM): 5.95X Cap: $18.44B
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• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
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Q: 3 ETF's for my 40 ish daughters RRSP

Upvote 1

Read Answer Asked by Ken on March 16, 2023

• iShares Core S&P/TSX Capped Composite Index ETF (XIC $45.29)
  • $45.29 P/E (TTM): 5.95X Cap: $18.44B
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• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
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Q: Hello, I'm 58 and debt free as of today. I have a small retirement savings in RRSP as well as LIRA. I have started a Questrade account with only one ETF, HHL, harvest Healthcare because of the good dividend. Should I continue with this one ETF ongoing or do you think I should look at other ETF's? I am happy with the projected return over the next few years but am open to hearing any suggestions that would improve my overall position? Thank you in advance.

Upvote 0

Read Answer Asked by Domenic on March 10, 2023

• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
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• iShares Russell 2000 ETF (IWM $234.83)
  • $234.83 P/E (TTM): 38.62X Cap: $65.83B
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Q: Our daughter has secured a great job and is now in a position to invest in TSFA and RRSP's. I'm thinking she should start out investing in ETF's. Can you please recommend your favourite ETF's for each, would you also diversify to include some foreign exposure at this time ?

Upvote 0

Read Answer Asked by Gord on February 09, 2023

• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
  • View VFV Profile
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Q: What ETF would you recommend for a 1st contribution to a RESP? Long term, medium risk. I don t think it s worth buying individual companies at this stage in view of the small amount and to properly diversify. Thank you

Upvote 0

Read Answer Asked by Pierre on January 31, 2023

• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
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• Vanguard S&P 500 Index ETF (CAD-hedged) (VSP $103.40)
  • $103.40 P/E (TTM): 82.7X Cap: $4.81B
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Q: Dear 5i,
If one were to hold VFV and VSP for an infinite period of time and assume MER's were the same and effects of currency were neutral.
Is it reasonable to assume VFV would outperform VSP by approximately 1% because of hedging costs? If not, can you help explain.

Upvote 0

Read Answer Asked by Ian on January 30, 2023

• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
  • View VFV Profile
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Q: Within a TFSA is the dividend of VFV:CA (Vanguard S&P 500 Index ETF) subject to a withholding tax?

Thank you.

Upvote 0

Read Answer Asked by Sandra on January 25, 2023

• Vanguard FTSE Canada All Cap Index ETF (VCN $57.97)
  • $57.97 P/E (TTM): 15.43X Cap: $10.49B
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• Vanguard FTSE Developed All Cap ex North America Index ETF (VIU $41.17)
  • $41.17 P/E (TTM): 0.79X Cap: $6.64B
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• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
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Q: Hi there,

I've been reading up on the US vs International stock cycle as of late. It appears as the cycle of under and over performance tends to happen in cycles. Obviously no one can predict the future, but do you think International will outperform over the next few years considering where are are in the economic cycle, rates, valuations etc? Can I please have your thoughts?

Thanks!

Upvote 0

Read Answer Asked by Michael on January 23, 2023

• Constellation Software Inc. (CSU $4,549.91)
  • $4,549.91 P/E (TTM): 110.08X Cap: $96.41B
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• Shopify Inc. Class A Subordinate Voting Shares (SHOP $196.52)
  • $196.52 P/E (TTM): 77.53X Cap: $255.35B
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• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
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• Harvest Diversified Monthly Income ETF (HDIF $8.73)
  • $8.73 P/E (TTM): 60.53X Cap: $451M
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Q: Looking for recommendations for growth to add into RESP with cash to deploy for a full position. Earliest withdrawal timeline for funds in 12 years and could stretch for 20. Already holding SHOP, CSU, VFV, HDIF.

Upvote 0

Read Answer Asked by Ryan on January 20, 2023

• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
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• Vanguard Information Technology ETF (VGT $694.17)
  • $694.17 P/E (TTM): 90.62X Cap: $93.33B
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• Vanguard Growth ETF (VUG $458.42)
  • $458.42 P/E (TTM): 91.16X Cap: $174.09B
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• Invesco NASDAQ 100 ETF (QQQM $235.47)
  • $235.47 P/E (TTM): 97.45X Cap: $57.91B
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Q: Which is the best growth ETF for Canadian to hold long term (15 years+) in a non-registered account in order to maximize returns?

Upvote 0

Read Answer Asked by Brucey on January 16, 2023

• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
  • View VFV Profile
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• Vanguard U.S. Dividend Appreciation Index ETF (VGG $99.51)
  • $99.51 Cap: $2.13B
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Q: I hold Vgg for US exposure. it is about 17% of portfolio. Should I sell 50% and buy VFV for more diversification?
T Steve

Upvote 0

Read Answer Asked by Stephen on January 16, 2023

• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
  • View VFV Profile
  • View Questions on VFV
• Vanguard S&P 500 ETF (VOO $593.21)
  • $593.21 P/E (TTM): 81.12X Cap: $684.78B
  • View VOO Profile
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Q: With a 5yr time horizon would you recommend splitting money over 3 etfs; rep. Utilities, tech, financials. Or, one etf VOO or a cad equivalent with spaced purchases over the course of a year. If suggestion is 3 etfs, could you please suggest some names in each of the three sectors. Thanks a lot.

Upvote 0

Read Answer Asked by Lesley on January 12, 2023

• Kinaxis Inc. (KXS $194.59)
  • $194.59 P/E (TTM): 164.37X Cap: $5.50B
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• goeasy Ltd. (GSY $209.13)
  • $209.13 P/E (TTM): 12.3X Cap: $3.36B
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• iShares Core S&P/TSX Capped Composite Index ETF (XIC $45.29)
  • $45.29 P/E (TTM): 5.95X Cap: $18.44B
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• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.20)
  • $39.20 P/E (TTM): 5.55X Cap: $1.01B
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• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
  • View VFV Profile
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• Vanguard Total International Stock (VXUS $72.35)
  • $72.35 P/E (TTM): 0.5X Cap: $97.25B
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• Boyd Group Services Inc. (BYD $224.13)
  • $224.13 P/E (TTM): 434.57X Cap: $4.81B
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Q: Hi Peter.
Can you suggest a few stocks/ETF's with good long term potential ?

Upvote 0

Read Answer Asked by HARRY on January 09, 2023

• iShares Russell 2000 Growth ETF (IWO $307.28)
  • $307.28 P/E (TTM): 45.65X Cap: $12.38B
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• iShares Core S&P/TSX Capped Composite Index ETF (XIC $45.29)
  • $45.29 P/E (TTM): 5.95X Cap: $18.44B
  • View XIC Profile
  • View Questions on XIC
• Vanguard FTSE Developed All Cap ex North America Index ETF (VIU $41.17)
  • $41.17 P/E (TTM): 0.79X Cap: $6.64B
  • View VIU Profile
  • View Questions on VIU
• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
  • View VFV Profile
  • View Questions on VFV
• INVESCO QQQ Trust (QQQ $571.97)
  • $571.97 P/E (TTM): 59.46X Cap: $368.43B
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• BMO Canadian High Dividend Covered Call ETF (ZWC $19.13)
  • $19.13 P/E (TTM): 27.39X Cap: $1.74B
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• Global X S&P 500 Covered Call ETF (XYLD $38.87)
  • $38.87 P/E (TTM): 80.76X Cap: $3.07B
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Q: Hi, can you suggest a few ETF'S and covered call ETF'S to put in a self directed RRIF, providing income and some growth. I know you're not keen on giving specific portfolio construction, IE, everyones circumstances are different, I would really appreciate just a few ideas for core holdings.
Thank's James

Upvote 0

Read Answer Asked by James on January 09, 2023

• iShares Russell 2000 Growth ETF (IWO $307.28)
  • $307.28 P/E (TTM): 45.65X Cap: $12.38B
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• Vanguard S&P 500 Index ETF (VFV $158.75)
  • $158.75 P/E (TTM): 82.03X Cap: $24.77B
  • View VFV Profile
  • View Questions on VFV
• Vanguard Growth ETF (VUG $458.42)
  • $458.42 P/E (TTM): 91.16X Cap: $174.09B
  • View VUG Profile
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• Vanguard All-Equity ETF Portfolio (VEQT $50.80)
  • $50.80 P/E (TTM): 24.48X Cap: $8.18B
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Q: Hello:

Child turning 18 later this month. For initial $6500 to TFSA would VEQT be better than US only VFV? Very long time horizon and I never bet against USA!

Other options for long term growth?

thanks,

Upvote 0

Read Answer Asked by Marilou on January 06, 2023