Is XEQT a Good Investment?

Although this is not financial advice, generally speaking, yes, XEQT is a good investment. XEQT is great because it’s a simple way to buy a large portion of the stock market without having to do any of the stock picking or rebalancing yourself.

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When investing in XEQT, you need to consider your time horizon. Due to the fact that XEQT is 100% equities (stocks), there can be big swings down, just like there can be big swings up over the period of a year.

XEQT is a good long-term investment, not a short-term one. Think 10+ years. If you think you may need the funds sooner, consider GICs, high-interest ETFs such as CASH.TO, or even adding bonds to your portfolio.

So the answer is yes, XEQT is a good investment if you have a longer-term time horizon, can stay consistently invested in XEQT, and can keep dollar cost averaging.