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Three top stock picks from BBSL’s John DeGoey

John DeGoey is vice-president and associate portfolio manager at BBSL. His focus is on personal finance and ETFs.

Top Picks:

Vanguard FTSE Canada All Cap Index ETF

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Huge diversification into 256 underlying Canadian stocks – while costing only 12 bps.

Vanguard U.S. Total Market Index ETF

Huge diversification into hundreds of American stocks - with no currency hedge and costing only 15 bps.

Vanguard FTSE Developed ex North America Index ETF

Huge diversification into hundreds of non-North American stocks - with no currency hedge and costing only 28 bps.

Past Picks: November 8, 2012

Vanguard FTSE Canadian High Dividend Yield ETF
Then: $24.48
Now: $29.23
Total return: +22.21 per cent

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Vanguard FTSE Canadian capped REIT ETF
Then: $24.67
Now: $24.66
Total return: +1.99 per cent

Vanguard Canadian Short Term Corporate Bond ETF
Then: $25.03
Now: $24.99
Total return: +2.64 per cent

Total return average: +8.95 per cent

Market outlook:

I reject all forms of prediction-based investing. Instead, I recommend that people use structured, market-based and evidence-based products and strategies. People should buy broadly-diversified investment products that cost little and have low turnover. Then, they should re-balance those periodically, but only when their overall mix is out of line with their targets.


Editor's note: Burgeonvest Bick Securities now goes by the acronym BBSL.

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