Steph and Den = breath of fresh air! Loved this update and thanks for sharing. Not sure if this is within your scope but a video on side hustle ideas or passive income would be nice. 😊
@@elij426 Yes it does. It basically has most of everything you could possibly need. I disagree with Xmx2772 though. In a bear market, dividend stocks get hammered as well. Depends on the industry.
may I ask you why you are in robo advisor ? I guess you prefer peace of mind over extra robo advisor fee for Steph? personally I have 60% Qqqm (generally all of it in TFSA/RRSP) and 40% vdy (in cash acct)
That's one of the dangers of a robot advisor. You don't really have control over the portfolio when things are good or bad, with a high MER. Same goes for being overdiverisfied in a single ETF that tracks not only the total us market but is heavy in Canada too with some exposure to world markets. You own the good the bad and the ugly. The MER is reasonable considering the diversity. I much prefer a higher return by owning stocks I believe in, will grow, with potential to pull out on the one or two that underperform and add the one or two new that now fit my investing criterion. There's definately a market for all these products based on knowledge and investing risk tolerance and strategy.
I think it comes down to investing philosophy. If you think you can beat the market, your point is valid, but XEQT investors like myself do not look at it as having to own the bad and the ugly. Thinking parts of the market is bad and ugly suggests you know more than the market. I just choose to say that I probably don't.
@@CanadianFinanceSimplified it does have to do woth investing philosophy and risk exposure. The market knows many holdings are bad and ugly hence the poor return of 2/3 of the market on low volume even in north America. ITOTs makes up 50% of the ETF in question and the top 10 holdings make up 20% of ITOTs. This is where I'm a huge believer in over diversification or the wrong kind of diversification since the fund holds over 9k. I believe the north amrrican market will continue to outperform. That's the first step to making a good return, choosing which markets to be in. I think of it as world football or soccer. Yes there are good teams outside of Europe and outside the big 4 leagues. But your chances of winning champions league with a team from Estonia or Lithuania.... that's my thoughts on it
@@mr.financial Thanks for taking the time to reply. I think I understood most of your comment but can you elaborate on "The market knows many holdings are bad and ugly hence the poor return of 2/3 of the market on low volume even in north America."?
I'm wondering how the robo-advisor decides which ETF's to place money into? Does it disperse the money equally across everything you own? Does it only purchase the etf's that are currently down? I use Wealthsimple Trade so if any of my stocks that I believe in are down I put my money into that until my cost basis on that is down, and then keep moving on and around that. Try to get cost lower on everything so it can only go higher later on.
Hey guys I have a question. Im thinking of opening a weathsimple account for my retirement savings but Im wondering is it wise to also use wealth simple for short term savings such as a travel savings account or is it just better to use a bank savings account? Thanks very much!
For me when it comes to saving account the importance are : insured by CDIC , monthly fee and interest rate. There are online bank that offers better interest rate than wealthsimple. Some can be link with your big bank chequing acc and make transfer between the 2 easy. I have Scotia and Simplii and usually transfer to whichever have better deal. Sometimes I kind of resent the minimum balance $5K in chequing Scotia to waive monthly fee when I can put it in saving acc for better rate but I still feel I need traditional brick and mortar bank. Please Cmiiw.
no issue with 100% equity, but not sure if you just need to rebalance or what but hopefully no one is advising you to allocate 42% of your portfolio to emerging and international, that is way way too high.
It was about time for an update on our investments! What videos do you want to see next?
Money habits if possible
You guys should do the quick takes again.
Love your videos, keep it up!!!
How is your XEQT portfolio doing? Are you still all in? Do you still like it over VEQT or ZEQT?
Most transparent and genuine Canadian investors I've ever found!! Keep it up, you got me into investing and made it less overwhelming
🙏🏿🙏🏻 we love hearing that! Thank you!
8% roi over the past 2 years is awful considering how insane this bull run has been.
Steph and Den = breath of fresh air! Loved this update and thanks for sharing.
Not sure if this is within your scope but a video on side hustle ideas or passive income would be nice. 😊
Thanks for watching! 😊 and we can add that to the ideas list!
My favourite type of videos!!
Yay - thanks Ornela! More of this style coming up soon 😊
That's why I only invest in dividend stocks. Growth stocks only grow in a bull market.
does wealthsimple offer dividend stocks? im just new to the platform.
@@elij426 Yes it does. It basically has most of everything you could possibly need. I disagree with Xmx2772 though. In a bear market, dividend stocks get hammered as well. Depends on the industry.
Love you guys! See you’re doing big things on TikTok. Will you ever make a video explaining that side of the business?
Thanks so much! Ou, good question - we can talk about that in a future vid 😊
I always come back to this channel because you two are awesome! Den is in the same boat as me with XEQT.
🙏🏿🙏🏻 thank you! We love your comments!
Been waiting for this video from very long
may I ask you why you are in robo advisor ? I guess you prefer peace of mind over extra robo advisor fee for Steph? personally I have 60% Qqqm (generally all of it in TFSA/RRSP) and 40% vdy (in cash acct)
Any reason why you are invested in Aritizia?
That's one of the dangers of a robot advisor. You don't really have control over the portfolio when things are good or bad, with a high MER. Same goes for being overdiverisfied in a single ETF that tracks not only the total us market but is heavy in Canada too with some exposure to world markets. You own the good the bad and the ugly. The MER is reasonable considering the diversity. I much prefer a higher return by owning stocks I believe in, will grow, with potential to pull out on the one or two that underperform and add the one or two new that now fit my investing criterion. There's definately a market for all these products based on knowledge and investing risk tolerance and strategy.
Agreed! Good point - thanks for sharing 😊
Very bad selection of ETFs/MFs in this video, I follow you a lot but this video is very disappointing!
I think it comes down to investing philosophy. If you think you can beat the market, your point is valid, but XEQT investors like myself do not look at it as having to own the bad and the ugly. Thinking parts of the market is bad and ugly suggests you know more than the market. I just choose to say that I probably don't.
@@CanadianFinanceSimplified it does have to do woth investing philosophy and risk exposure. The market knows many holdings are bad and ugly hence the poor return of 2/3 of the market on low volume even in north America. ITOTs makes up 50% of the ETF in question and the top 10 holdings make up 20% of ITOTs. This is where I'm a huge believer in over diversification or the wrong kind of diversification since the fund holds over 9k. I believe the north amrrican market will continue to outperform. That's the first step to making a good return, choosing which markets to be in. I think of it as world football or soccer. Yes there are good teams outside of Europe and outside the big 4 leagues. But your chances of winning champions league with a team from Estonia or Lithuania.... that's my thoughts on it
@@mr.financial Thanks for taking the time to reply. I think I understood most of your comment but can you elaborate on "The market knows many holdings are bad and ugly hence the poor return of 2/3 of the market on low volume even in north America."?
Wanted to share that I put alot into XEQT I think it is worth looking into for wide range etf. A similar etf is VEQT
Agreed! 🙌🏿🙌🏻
Not sure why you’d choose VTI over VFV? No commission fees or currency exchange when you choose VFV or VSP. Interested to know your reasoning?
With robo advisors, you don't get to choose the ETF's in your portfolio - so I didn't choose VTI over VFV!
Love XEQT, great core holding for 10 plus years!
Us too! 🙌🏿🙌🏻
I'm wondering how the robo-advisor decides which ETF's to place money into? Does it disperse the money equally across everything you own? Does it only purchase the etf's that are currently down?
I use Wealthsimple Trade so if any of my stocks that I believe in are down I put my money into that until my cost basis on that is down, and then keep moving on and around that. Try to get cost lower on everything so it can only go higher later on.
Thanks for sharing!
Thanks for watching! 😊
Hey guys I have a question. Im thinking of opening a weathsimple account for my retirement savings but Im wondering is it wise to also use wealth simple for short term savings such as a travel savings account or is it just better to use a bank savings account? Thanks very much!
For me when it comes to saving account the importance are : insured by CDIC , monthly fee and interest rate. There are online bank that offers better interest rate than wealthsimple. Some can be link with your big bank chequing acc and make transfer between the 2 easy. I have Scotia and Simplii and usually transfer to whichever have better deal. Sometimes I kind of resent the minimum balance $5K in chequing Scotia to waive monthly fee when I can put it in saving acc for better rate but I still feel I need traditional brick and mortar bank. Please Cmiiw.
Can you talk about how to customize your portfolio
A Wealthsimple portfolio? Yes, we talk about that in depth in the video called ‘Why I’m Investing 100% In Equities’ 😊
I'm here because I have an investing channel and your channel has recommended my videos. So basically I'm here to say hello neighbors haha.
Ha, that's funny! Thanks for saying hi 😊
Young investors shall loose their investments
no issue with 100% equity, but not sure if you just need to rebalance or what but hopefully no one is advising you to allocate 42% of your portfolio to emerging and international, that is way way too high.
Why is ur money mostly in funds and not individual stocks
We talk about that in a video from a few months ago called 'I Bought My First Stocks, One Year Later' 😊
Solid ETFs will outperform most people picking individual stocks.
How you get this on wealthsimple?
We have a video all about setting up your Wealthsimple account, if that's what you mean! 😊 It's linked in this video
@@stephandden thank you! Will form the link
Robo advisor :(
Why the :(?
Stay away from Wealthsimple Invest
You would do better buying BRK-B and buy the low points as a long term investment.
ETFs are great if you don’t like doing your own investing homework