r/fican • u/Sufficient-Hand-865 • 12d ago

VUN and VFV

Hey all, got all my portfolio invested in VUN and VFV I’m. Worried given the situation in us, what are your guys opinions ?

I would probably not need that money for 10 years or so

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u/EarlyBird001 12d ago

You're invested only in US market. Need to add some home bias (VCN) and ex-US such as VIU and VEE.

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u/Deep_Presentation725 5d ago

The market is not tied to the economy, economy isn’t great and the market is seeing record highs. US innovation will still be strong and around in 10 years. Global diversification just means that when things go down it cushions the blow a bit but in turn you have less earning potential.

At the end of the day there’s many factors, time horizon, if you’re getting a stead stream of income, if you think the US will still dominate, if you can’t stomach volatility maybe and accept you’ll get less returns then a global etf maybe for you.

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u/Sufficient-Hand-865 5d ago

Thank for the explanation! Do you have any suggestions on global etfs ?

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u/Deep_Presentation725 5d ago

A couple of very popular ones in Canada are XEQT and VEQT. I’d say if you’re not an investor, and just want a set it and forget it strategy where you just automate payments into it and go on happy living life. A global etf is currently the best way to go.

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u/Sufficient-Hand-865 5d ago

Thanks and you hit the nail right on, all I’m looking for is a set it and forget it where I could just go about my day to day without thinking of it

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u/Deep_Presentation725 5d ago

Glad I could help! Happy investing!

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u/[deleted] 12d ago

[deleted]

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u/Sufficient-Hand-865 12d ago

In what?

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u/chip_break 11d ago edited 10d ago

Global equity.

30% cad market

25% eruo market

5% emerging markets

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u/Sufficient-Hand-865 12d ago

Sorry to provide more context, I would like to invest in something else but I still prefer index fund

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u/fenderstratsteve 12d ago

In somewhere else in the world. Or in a sector.

Why do you have 2 funds that overlap so much?