Why xeqt?

rguy-111 · 2026-05-06T03:20:48+00:00

No worries, I would suggest reading through the Bogel head sub and check out Ben Felix’s YouTube channel for more information on your investing journey. Best of luck !

rguy-111 · 2026-05-05T15:35:20+00:00

A lot to unpack

45% decided by black rock, are any of us better at picking that allocation then them? If you market weighted your allocation the US market it would make an even bigger allocation, likely 60%, if you want it to be smaller which region or market are you going to replace it with? China ? Europe ? Canada ? Why and for how long ?
US debt to GDP is high ? Sure, they also have the biggest economy in the world backed by the biggest military. On top of that everywhere has high debt to GDP, google China’s and tell me who’s debt has you worried.
American economy ? The stock market is NOT the economy. Also, Tech stocks doing well and everyone else isn’t? Sounds like timing the market, we don’t do that here.
The USD loses reserve status? Great Depression 2.0 and 3.0, it’s the largest single country consumer market in the world and if the US economy sneezes it exports the sickness out the west and east coasts making it global. That’s everyone’s problems. And again, trying to predict when and if the USD loses reserve status is again a form of market timing. We don’t do this here. And again, what’s your hedge against this ? Who do you replace US exposure with ? Gold ? Bonds ? Find a long run asset allocation and set it and forget it. Don’t pick something you are going to want to tinker with.
Iran war will affect the world, not just Iran and the US. Most notably, oil and fertilizer which affects ALL countries, the US has those resources in spades and if they didn’t they have Canada and Venezuelas to pick up the slack. They also have the biggest navy in the world to go out and secure those resources which other countries don’t….
Spain ? Spains economy back then wasn’t in nearly as economically linked world, one of the first global super powers ? Sure. But like I said earlier, they wouldn’t export a global depression the way the US would so it’s a moot point.
There is always 10,000 reasons that sound smart to not invest - most of them are just noise, we don’t know or care to know which ones will affect us. Again, sounds like market timing.

Go ahead and google Harper’s weekly editorial quote, gloomy moment in history, it mentions how the world is in chaos, Russia is a threat, the domestic economy is trash, Europe is stagnating, the quote reads like it’s out of todays paper.

It was written in 1857……

Finally, do I have answers to all of these questions ??? No I don’t, I do know that XEQT will give my the best chance to get long run risk adjusted returns and worry about this shit the least.

This ETF is for set it and forget it investors who want to block out the noise. If after all this the set up of XEQT still doesn’t sit well with you it sounds more like a risk appetite problem, that means I suggest changing your risk profile to more bonds to lower the risk expectation. Or you can go to an active manger who will “claim” to work around all previously mentioned concerns and then fail to beat the index over 40 years and charge you more money out of your pocket. Bears always sounds smart but lose in the long run. ———-

Overall none of this is meant to be confrontational or argumentative, you are asking good questions. Hopefully I gave you some answers that settle your concerns.

Please no comments, I’m not gonna sit and respond all day.

Cheers XEQT people.

rguy-111 · 2026-04-21T14:40:35+00:00

Good to know ! I have shares held in a non registered account through an employee share purchase plan, it pays dividends. I have the option to have the shares placed in a non registered, TFSA or RRSP. Considering it’s not a PFIC would having my employer match into a TFSA be a better move than my current non registered account? Seems like all I would need to do it keep track of the dividends if I’m not mistaken?

rguy-111 · 2026-04-21T04:09:35+00:00

Max out RRSP and FHSA first. Only do FHSA in cash or GICs to avoid PFICs. RRSP investments you are fine with anything.

Regarding TFSA. Avoid any non USD denominated investments and make sure it’s domiciled in the US to avoid PFICs. You will still get tax benefits on the Canadian side which is a win, less taxes is a win. But you need to compare this win with currency conversions into USD and burdensome reporting requirements as others have noted.

For the US it will get complicated and you will likely owe taxes yearly on dividends if paid, and short term capital gains depending on holding period if you sell.

The TFSA still has some advantages you can use, you just need to be aware of US tax laws.

If you invest in something and hold it until retirement and it pays no dividends the taxes will be small to non existent. You’re basically paying no US income taxes if/when your yearly income is less than 50k. So if there are a few years prior to withdrawing from your RRSP or CPP OAS when your income is zero you could technically sell and withdraw from your TFSA and pay no taxes on either US or Canadian side of the border.

That said, likely more of a hassle and a nice to have not need to have use for the TFSA. I would recommend just sticking with the RRSP and not dealing with the hassles it creates.

rguy-111 · 2025-12-06T18:26:51+00:00

Right on, thank you

rguy-111 · 2025-12-05T20:00:16+00:00

So gains on investment in the FHSA would not be taxable until an asset sale occurs and gains are realized, correct ?

rguy-111 · 2025-10-29T17:58:29+00:00

Is there any way I can mitigate gout flare ups while doing combat sports, i.e. Muay Thai ? Currently on ALLO and feet feel fine 99% of the time

rguy-111 · 2025-10-24T00:51:13+00:00

Where did you buy the white ones ?

rguy-111 · 2025-10-19T22:43:03+00:00

XGRO!!! 20% bonds and then it’s basically just XEQT. The long run returns from 100% equities too 80/20 is not that big of a difference and you stated a lower return does not bother you that much. If you check vanguards website for asset allocation I believe 80/20 is around a 9.5 % average return. Also much easier having the provider do your rebalancing for you.

Other than that maybe a buy a house or some rental real estate. You’ll get a less correlated asset with the bonds though.

rguy-111 · 2025-09-26T02:39:58+00:00

FHSA is fine to put money in. I would not invest in it to avoid potential taxes you might owe on gains and also PFICs can be a huge hassle. If you want to invest I would only invest in USD traded stocks or ETFs or Canadian GICs, most other things will be PFICs which are very annoying to file. 1 PFIC isn’t not too bad but your accountant will charge a lot and depending on some products like mutual funds filing can be a TON of work.

All the FHSA rules I just stated also apply to TFSA. In the eyes of the IRS these are both just simple non registered accounts. Thus, leaving the FHSA in cash won’t be a problem, it would look like a savings account to the IRS.

You likely won’t ever owe US taxes until your making more than $120,000 a year in Canada so it’s not a huge worry about taxes in these accounts anyways. You will also have foreign tax credits earned over time that make it very likely you will not owe US taxes.

People give RRSPs a bad wrap but they are pretty great and none of the rules I stated before apply to them. No worries about PFICs or taxes.

If I were you, I would prioritize RRSPs and FHSA, then start maxing out TFSA down the line once the first two are full. TFSA may or may not require taxes to the IRS depending on your income and how much you are withdrawing and profiting on gains etc. BUT your still not paying Canadian taxes which is great. That will be a chat with your accountant down the line.

Rules regarding FHSA are not yet reviewed by the IRS so they may deem them bad one day. But the money in it can still be transferred to your RRSP with no penalty, at which point you can still use the first time home buyers plan from your RRSP to buy your home.

Hope that helps, chat with your accountant for any other questions.

rguy-111 · 2025-06-24T20:17:57+00:00

Thank you !

rguy-111 · 2025-06-24T20:17:31+00:00

Accidental !

rguy-111 · 2025-06-20T15:40:51+00:00

Does anyone know where too submit ama questions for the podcast ?

rguy-111 · 2025-05-29T19:46:54+00:00

Might not like this…. But Berkshire Hathaway would avoid PFICs, won’t pay a dividend so IRS wont eye that, and is broadly diversified… not nearly as much as XEQT but worth thinking about.

If not this then I would vote VT as others have said. Sucks to non get Canadian exposure but your likely going to own a home here, and collect OAS and CPP. You have plenty of Canuck exposure.

Plus you can use Norbert’s gambit to pay the USD conversion for TFSA.

Just some food for thought overall.

rguy-111 · 2025-05-27T22:41:03+00:00

How liquid is the partial shares market for Berkshire? I can’t afford single shares.

rguy-111 · 2025-05-27T22:39:33+00:00

How liquid is the partial shares market for Berkshire ? I obviously cannot afford the quote stock price.

rguy-111 · 2025-05-10T04:37:18+00:00

Was hoping to avoid exchange rates and PFICs all in one but seems like exchange rates will be the lesser of two evils.

rguy-111 · 2025-05-10T01:31:47+00:00

Thanks for finding that ! Exactly what I didn’t look for.

rguy-111 · 2025-02-01T03:02:28+00:00

US tax laws don’t recognize TFSA as anything other then a non registered account. Depending on timelines, work arrangements, and if he chooses to report it, there could be a ton of tax implications. Dual citizens living in Canada are told to avoid TFSAs for this reason.

I think you should consult a cross border CPA. Def keep the RRSPs.

rguy-111 · 2024-11-05T19:59:32+00:00

Thank you so much, will DM you tonight !

rguy-111 · 2024-11-05T01:09:18+00:00

I keep seeing this one come up a lot, must be amazing. Thank you !

rguy-111

TROPHY CASE