The Globe and Mail reports in its Monday edition that Canadian and U.S. stock markets have surged in recent years, raising concerns about a potential market correction. The Globe's guest columnist Anita Bruinsma writes that some investors may respond by selling stocks and shifting their investments to bonds or cash. Before shifting to safer investments, consider if it is right for you. For long-term investors (seven years or more), adding cash and bonds is not needed. If stocks fall, you can ride it out and let the market recover. There is a saying among self-directed investors on the Internet: "XEQT and chill." It is the modern term for "buy and hold." XEQT is the ticker symbol for the iShares Core Equity ETF Portfolio, an exchange traded fund made up of other ETFs. This asset-allocation ETF gives you a portfolio of 100 per cent stocks from around the world. There are other similar products you could chill with such as ZEQT or VEQT. The chill mantra is rooted in the idea that markets have always recovered from big downturns, so why worry about the next one? Maintaining an all-equity portfolio will result in higher long-term returns than one with bonds in it, which can make a big difference in the growth of your savings.