Mustachians,
I am a Canadian investor looking for inputs on my bond strategy. My AA allocation is 90% stocks and 10% bonds. The only bond ETF I currently own is VAB.TO (Canadian Bond). My questions are :
1) Would there be any reason for me to consider owning another bond ETF? One that wouldn't be tied to Canada for example?
2) I currently own all my bonds in my TFSA, but soon I will have to either own bonds in a non-registered account or sell stocks in my TFSA to make room for bonds. I would prefer to exclusively own tax advantageous stocks in my non-registered (currently only have VCN.TO). So basically, tax-wise, I am wondering if it would is be better to own bonds or non tax advantageous stocks in my non-registered account?
Thanks!