Trending

Are you looking for a stock?

Try one of these

Related Videos

Top Picks from John DeGoey

Tags: Market Call

John DeGoey, vice president & portfolio manager, BBSL

FOCUS: Personal Finance & ETFs

MARKET OUTLOOK:

Traditional, equity investments might do comparatively poorly over the next few years, since there is no meaningful way left to stimulate growth. Governments and households are both more stretched than ever, the population is getting older and less productive and interest rates are the most accommodative in history. Even with considerable monetary and fiscal stimulus, macro trends are causing economic growth to slow down. With that said, there are modest opportunities in Canada, where the TSX has lagged the S&P 500 for five consecutive years, in gold, where there seems to be some volatility-based momentum and in emerging markets, where the combined market cap of EVERY company in the MSCI China and India indexes sums to the total market cap of just Google and Amazon.

Top Picks:

Vanguard FTSE Emerging Markets All Cap Index ETF (VEE.TO)

Vanguard FTSE Emerging Markets All Cap Index ETF is a great and ultra-low-cost way to get exposure to emerging markets stocks. In my view, this asset class is the most under-owned in the world and well worth the volatility that one ought to expect when investing in it.

Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO)

Vanguard FTSE Canadian High Dividend Yield Index ETF is finally looking like something to buy again. Once again, the cost is extremely low, while diversification, superior tax treatment and a low entry point make this worth considering.

iShares S&P/TSX Global Gold Index ETF (XGD.TO)

iShares S&P/TSX Global Gold Index ETF has already had a nice run since some time in Q4 of 2015. Many feel the pendulum swung too far on the way down and, if markets remain volatile, investors will likely seek a traditional safe harbor.

Disclosure:

Personal

Family

Portfolio/Fund

VEE

N

Y

Y

VDY

N

N

Y

XGD

N

N

Y

Past Picks: March 17, 2015

BMO Global Infrastructure Index ETF (ZGI.TO)

  • Then: $34.34
  • Now: $30.37
  • Return:-11.56%
  • TR: -9.05%

iShares Global Agriculture Index ETF (COW.TO)

  • Then: $33.13
  • Now: $30.63
  • Return: -7.55%
  • TR: -5.76%

iShares Global Water Index ETF (CWW.TO)

  • Then: $27.18
  • Now: $27.15
  • Return: -0.11%
  • TR: +1.28%

Disclosure:

Personal

Family

Portfolio/Fund

ZGI

N

N

N

COW

N

N

N

CWW

N

N

N

 

 

 

 

 

 

 

*Technically, I have a few non-discretionary clients who still hold these products, but that is because they are not getting back to me with my sell recommendations. My completed charts reference only my discretionary clients.

Total Return Average: -4.51%

Twitter: @JohnDeGoey_BBSL

Website: www.johndegoey.com

CTV.ca CTV Two CTV News CTV News Channel BNN - Business News Network CP24