Ben Stein wrote an article on Yahoo called Investing Strategies for the New Year. In it, he introduced a recommended Lazy Portfolio for LONG term investors.

Since it is compose entirely of ETFs, Canadians are able to use this portfolio. However, Canadians also need to be aware of the the fact that all the ETFs are in American currency and to be conscious of currency exposure.

Bill Schultheis is the author of the very popular and high-regarded book titled "The Coffeehouse Investor: How to Build Wealth, Ignore Wall Street, and Get On With Your Life".