Quote:
Originally Posted by Righteous1
^^I'm a full on noob, but just opened up a self-directed TFSA through my financial institution. Any information, tips, advice would be greatly appreciated!
|
I've recently put TSFA into a blend of ETFs. For newbies, I think the model portfolios on Canadian Couch Potato are great.
http://canadiancouchpotato.com/model-portfolios-2/
CIBC Investor's Edge has a deal on right now where there is no fee on several popular ETFs (normally $6.99/trade) and TSFA accounts have no annual fees. I went for:
40% Vanguard Canadian Aggregate Bond Index ETF - VAB
20% Vanguard FTSE Canada All Cap Index ETF - VCN
20% Vanguard US Total Market ETF - VUN
20% Vanguard FTSE Canada All-World ex Canada Index ETF - VXC
My plan is to rebalance if one ETF is more than 5% off the model (i.e. VUN goes to 25%).