The classic coffeehouse lazy portfolio is built entirely of low fee ETFs.

Since it is built entirely with ETFs, it is Canadian friendly (Canadians can actually purchase them). However, be aware that there is some currency risk of carrying all your investments in only U.S. dollars.

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".