ETF
EASTFIELD RESOURCES LTD
stock CVE

If you *really* want a fixed income portion of your investment portfolio, you'd be far better off with an asset allocation ETF like XGRO or XBAL. It will automatically rebalance when there's a large change in the markets.
Over the long term it will probably give lower returns than a 100% equities ETF but better returns than trying to time the market with 50% of your assets in CASH

Stop listening to that friend immediately and do you own research and studying. Good place to start is by reading The Intelligent Investor by Graham.
If you're buying an all-in ETF like XEQT there is no point in trying to 'time the market'. Time in the market is more important than timing the market.

I might suggest a hybrid approach. I usually try to stay 70% in the market and 30% cash sitting on the side. However, I will 100% deploy any and all of that cash on opportunistic buys. That is market independent. So if I see a stock or ETF that for some reason is low and I have confidence in it, I will buy it. If the market dropped, then you have cash to deploy as well.
I would never be 100% all in, but that is me. However, have a specific plan in place in what to do with that money. You shouldn't just be like "I have 50% in cash if the market drops...". If you want to be 50% in cash then know what you would buy and when. Otherwise, if you aren't savvy or willing to do the due diligence, put your money into ETF's tracking the market, and go enjoy life.

Go all in on ETF or portion CASH?

Man if I had a crystal ball I'd be rich. It could be any of those. They could also go up another 30%. I just know they're very high compared to historicals so I've decided to hedge into another diversified ETF instead.

The top ten holdings of an ETF are readily accessible and the complete holdings almost as easy. The Canadian market is dominated by financial services and energy companies.

I don't know why you deleted your reply to my comment. I know you haven't bought VIU yet, but it's nonsense to even think about it and what you say here showcases a profound misunderstanding of those ETFs. VIU is essentially the same as XEF, which is an underlying ETF of XEQT taking about 20% of it.
The problem is you don't seem to understand what an index is, and how ETFs replicate indexes. You don't seem to understand how a fund of funds like XEQT works.
You also don't understand risk/volatility. Adding overlapping ETFs doesn't make your portfolio necessarily more volatile. All it does is that it changes the percentage, the allocations of your portfolio in a random fashion(for each geographical regions, sectors and stocks). It creates arbitrary concentration, which is uncompensated risk (so more risk without more expected return). You don't see to grasp why you would add more canadian market, then more us market, then more developed countries to XEQT, so that's why I say it's random, there's no intention, no strategy. Also, buying the S&P500 AND the Nasdaq100 while you already have the total US market via XUU in XEQT is just more nonsense.

Probably XEQT is all you need but I also did an in depth research and found these two portfolios as well:
- 70% XEQT / 15% QQC (Nasdaq-100 ETF) / 15% RBC Life Science & Tech Fund
- 85% XEQT / 15% XQQ
Basically they put more weight on the US market and tech sector which makes sense.
Hope this helps.

And even then, be aware that your individual stocks are already potentially in your ETF, unless it's some niche or speculative stock that you are just taking a gamble on.

We have a toddler, it’s mainly so that if we suddenly passed away at this instant the toddler wouldn’t be handed a large sum to do whatever they please at 18 yrs old and prevent the named guardian from mismanaging it or not managing it the way we want.
Without disclosing finances, the investments was enough generated a couple hundred thousand YTD mainly from passive ETF investing and rental from real estate holdings. It’s not billionaire money but enough that the kid would never have to work a day in their life and we are worried if they just inherited if we die suddenly it would ruin them. If there is any tax savings from planning that would be extra but that’s not the main goal.
Is there a better way or more efficient way to achieve this at this level?

|**Asset**|**5-Year Annualized Return**|
|:-|:-|
|**Silver**|**\~20.40%**|
|**Gold**|**\~19.55%**|
|[XEQT ETF](https://ca.finance.yahoo.com/quote/XEQT.TO/performance/)|**\~13.75%**|
**Not entirely I guess.**

Well, I admit to owning some BK for the last six or seven months myself. Not so much due to the dividend but simply because, even with that yield, it's been easily outperforming ZEB and every other Canadian bank ETF due to its leverage and covered call writing. I'm careful about how big I let it get, but I'm not going to ignore a smooth 80% increase in stock price (in one year) in something as low-beta as banks. Especially given the volatility in everything else this year. These things can be useful, in other words, over the short/medium term, as long as you know the danger and keep your eye on it. It's definitely not a buy-and-forget kind of ETF. If the banks run into trouble, though, this needs to be dropped fast.