A starter TFSA with a few too many moving pieces

Nov 24 21:11 2017 Print This Article

Me and My TFSA

LIZ ENRIQUEZ

AGE, 26

PLACE: Hamilton, Ont.

TFSA TOTAL: $7,732

STRATEGY: Still looking for an easy, lost-cost growth strategy

LIZ’S TFSA HOLDINGS

Equities

RBF1008 Global Bond Fund SR D                           $1,005

RBF1022 U.S. Equity Fund (Cdn.) Series D                 580

RBF1025 RBC O’Shaughnessy U.S. Value Fund      1,265

RBF1035 RBC Global Div. Growth Series D             1,785

IGM Financial Inc. common shares                           1,124

Total equity mutual funds:                                      $5,759

Fixed income    

VAB Vanguard Cdn. Aggregate Bond Index           $965

ZFL   BMO Long Federal Bond Index                       986

Total fixed income ETFs:                                     $1,973

Read More

About Article Author

Money Sense

MoneySense is a Canadian personal finance and lifestyle magazine published by Rogers Publishing Limited, a division of Rogers Communications.Written for Canadians who want to take financial control of their lives, MoneySense is Canada's best-selling investment and lifestyle magazine, helping readers make smart, informed decisions about how to get the most from their money. The magazine has received many awards, including multiple National Magazine Awards and CFA Society Toronto Awards.

Related Items

Global election preview

The next few months will be critical for several countries as they hold elections that could either significantly change their leadership or endorse the status quo. In this blog, I preview the choices ahead for Japan, Brazil and the U.S. Japan: Is a “new era” ahead? On September 20, there will ...

My TFSA Update August 2018

Image Credit: Peyker / Shutterstock.com   In this series, I (Jin Choi) talk about my goal of reaching $1 million in my TFSA account by 2033. If you want to know what a TFSA is, I recommend you read my free book.   August Results: Down 3.8% At the end of August, I had $57,314 in my TFSA accoun ...

Best investment strategies for newcomers to Canada

Q: I will be immigrating to Canada in November with my spouse and three children, and I need advice on the investment opportunities a new immigrant can take advantage of. We have done a budget of our landing costs and have realized that we have an excess of $10,000 CAD outside the cost of living e ...

Brazil’s election: What’s at stake?

Global investors are paying special attention to the forthcoming general election in Brazil, not only because the country is the world’s eighth-largest economy, ahead of Italy and Canada, but also because in these turbulent times for Emerging Markets (EMs), an unexpected or market-unfriendly outc ...

Viking Therapeutics (VKTX) Stock: Leading The Biotech Sector Today

Viking Therapeutics Inc (NASDAQ: VKTX) is the leader among biotechnology stocks today after the company released positive top-line data from a Phase 2 clinical study. The study was designed to assess VK2809, the company’s candidate for the treatment of NAFLD. NAFLD is a severe condition with serio ...

Dollar and Stocks Lower as Tariff Threat

A gauge of global equity markets eased and the dollar slipped on Monday as investors took a dim view of an expected new round of tariffs from Washington on Chinese goods, which would escalate a simmering U.S.-Sino dispute over trade. U.S. President Donald Trump was expected to announce new tariffs ...

Clues Pile Up For Expecting Another Rate Hike Next Week

The Federal Reserve remains on track for another round of tightening monetary policy at next week’s FOMC meeting, based on a several indicators. If the central bank announces another rate hike, it’ll mark the eighth increase since the Fed began squeezing policy post-recession in December 2015. ...

Traders Still Attracted to Strong Earnings

The bulls have remained in charge for a long time now in large part due to continuing, strong earnings. Even with the constant daily noise surrounding the market it almost always comes down to the bottom line. Thus when traders are looking for high reward to risk trades it makes a lot of sense to z ...

ChemoCentryx (CCXI) Stock: Climbs As Vifor Increases Stake

cChemoCentryx Inc (NASDAQ: CCXI) is having an overwhelmingly strong start to the trading session this morning, and for good reason. The company announced that Vifor Pharma Group has increased its stake in the comapny, exciting investors who are sending the stock on a run for the top. Today, we’ll ...

What the financial crisis taught five fund managers

It’s hard to believe it’s been a decade since Lehman Brothers collapsed and the beginning of the financial crisis. While the downturn was, in hindsight, short-lived—markets dropped for nearly six months, while stocks have been rising more than nine years—it was an incredibly difficult time ...