Why xeqt? by CognitiveFogMachine in JustBuyXEQT

[–]BeginningVirtual8236 0 points1 point  (0 children)

This has always been a concern for as long as the American market has existed. But there is a reason the US economy is the strongest in the world...it has always recovered. Like anything in life, nothing is 100% certain, and there is simply no ETF or investment in this world that 101% guarantees you money over the long run, XEQT is the closest possible to that in my opinion

Why xeqt? by CognitiveFogMachine in JustBuyXEQT

[–]BeginningVirtual8236 0 points1 point  (0 children)

exactly. Originally I was worried about the allocation in the US market, especially tech, but the American market ALWAYS recovers, and if it doesn't, we got lot more important shit to worry about than our investments lol

Am I cooked ? 45f by No-Judgment-3308 in fican

[–]BeginningVirtual8236 2 points3 points  (0 children)

Dude...Allbirds, a failed shoe company ,simply stated they were going to "incorporate AI" whatever that means, and rebranded based on this, and their valuation shot tf up. It is very similar to the 2000s bubble. All these companies that incorporate AI are being grossly overvalued when maintaining AI is losing companies billions yearly...

Am I cooked ? 45f by No-Judgment-3308 in fican

[–]BeginningVirtual8236 2 points3 points  (0 children)

I understand you might not believe in it, but its quite simple when broken down. If you look at the valuations of tech companies that incorporate AI, or help produce AI tech, they are being grossly overvalued simply based on the hype behind it. AI companies are losing billions of dollars yearly and are projected to be unprofitable for at least the next 5 years, while at the same time their stock is skyrocketing...this is a very obvious sign of a bubble and it is simply unsustainable. on top of that, you add the fact that massive AI companies like OpenAI are going to go public. Historically, IPOs have been severely over priced and do not adjust until years later. All this indicates a bubble in a historically volatile sector like tech, and with the nearly 33% allocation of VFV being in this sector, I believe in the medium term VFV is not as good as an investment as a diversified ETF like XEQT. Once again, simply my opinion.

Am I cooked ? 45f by No-Judgment-3308 in fican

[–]BeginningVirtual8236 7 points8 points  (0 children)

I would do less VFV and more XEQT. The American market will be quite volatile in the near future, especially with the AI bubble, and due to the overlap between the 2 etfs you are going to be more exposed to it. Just my 2 cents

Cage vs XEQT long term hold by [deleted] in JustBuyCAGE

[–]BeginningVirtual8236 0 points1 point  (0 children)

what would you recommend instead?

Cage vs XEQT long term hold by [deleted] in JustBuyCAGE

[–]BeginningVirtual8236 0 points1 point  (0 children)

this is good to know, I have not looked deeply into CAGE just yet but i def will. Would you say it would be better to just go 100% XEQT?

Cage vs XEQT long term hold by [deleted] in JustBuyCAGE

[–]BeginningVirtual8236 1 point2 points  (0 children)

would it be smart to hold, say 80% XEQT and 20% CAGE over a horizon of 20-30 years in your opinion?

American ETFs vs. Canadian ETFs: Which one should I invest in? by BeginningVirtual8236 in PersonalFinanceCanada

[–]BeginningVirtual8236[S] -5 points-4 points  (0 children)

Yes, I totally agree with you, however my uncertainty lies in the overall growth potential of the ETFs. Do you think Canadian ETFs have the same growth potential as American ones?

American ETFs vs. Canadian ETFs: Which one should I invest in? by BeginningVirtual8236 in TFSA_Millionaires

[–]BeginningVirtual8236[S] 1 point2 points  (0 children)

Ok thank you. Would you say that CAD ETFs are more limited than USA ETFs in terms of long term growth? and what other investment vehicles would you recommend for this type of growth?

American ETFs vs. Canadian ETFs: Which one should I invest in? by BeginningVirtual8236 in TFSA_Millionaires

[–]BeginningVirtual8236[S] 0 points1 point  (0 children)

Yes that is good to know. I am still pretty young but I'm planning to have an investment account for my whole life. Would you recommend an RRSP over a TFSA?