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Gary Poxleitner, 47Occupation: Consulting engineerPortfolioIncludes shares in Bank of Nova Scotia, Enbridge Inc., Telus Corp., TransAlta Corp., TransCanada Corp., BCE Inc., 3M Co., and Canadian Pacific Railway Ltd.; also has bond exchange-traded funds, such as the Claymore 1-5 Year Laddered Government Bond ETF
For years, do-it-yourself investors have been flocking to exchange-traded funds for their low cost, diversification and trading flexibility.Now, ETFs are also growing in popularity with financial advisers, a trend that is helping to change the way they charge clients for their services.
Some recent comments by Warren Buffett should be mandatory reading for anyone who works with or plans to engage an investment adviser.
Most investors have undoubtedly noted that commodity stocks have been the place to be the past few years. Lucky are those who jumped on what was then a slow-moving freight train at the bottom of the commodity cycle around 2001 and then hung on when the pace of that train sped up dramatically.