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.

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.