Blackrock's I Shares have just launched the second group of All-In-One Balanced ETFs in Canada. Vanguard was first with its Asset Allocation ETFs launched last February.
Vanguard Asset Allocation ETFs are so good that they deserve special mention. As of now, they have attracted over $800 million in investments. Not bad for a product that has been available for 9 months.
Someday in the foreseeable future, the “fit will hit the shan” and these valuations will come back down to earth. With Trumpski as President, who knows what might trigger a major correction or worse? Iran, China, outrageous deficits, higher interest rates ?
There are two broad approaches to investing: active and passive. Both aim to make money but how do they differ?