I am looking to invest $1000-2000 CAD, where should I put it? I currently have some stock in DRAM, and one share of SPSX (figured I’d fuck around and find out) any idea of some good ETFS? I’m not super worried about my finances, I’m only twenty-one and have about 60k invested total so whatever, but I’d rather put it somewhere rather than let it idle.
Built up over 12 years. Current position are UBER, RDDT, XEQT
One thing surprised me while building portfolio analysis software.
A lot of investors think they know their portfolio because they know the Canadian ETFs and mutual funds they own.
For example, someone might own XEQT, VDY, Fidelity Canadian Growth Fund, and RBC Canadian Dividend Fund and assume they’re well diversified.
But after looking through the underlying holdings, they may discover they’re much more concentrated in companies like Royal Bank, TD, Enbridge, or Canadian National Railway than they realized because those same holdings appear across multiple funds.
On paper, the portfolio looks diversified.
Under the hood, it can be much more concentrated than expected.
I’m curious:
Has looking through the underlying holdings of your ETFs or mutual funds ever changed your view of your portfolio?
What surprised you the most?
Feel free to give back some honest feedback.
I started investing last year and feel like most of the stocks I have are the same stocks under different names. How do I diversify them? Thanks in advance.
I’m 22M, I feel like if I’m not investing all of my work at my job is getting wasted because not building something will put me into the underclass.
Anyone else feel this way? Basically why work if ur not building equity in something like stocks, bitcoin, gold, real estate. It seems to just be getting wasted.
I mean I look around and think wow these people are working for a low salary and everything around them is rising in price, doomed to work slavery. That’s how it feels honestly. What do you guys think of this line of thinking?
This is why I invest aggressively.
Hi everyone, I’m a 30M investor and I’m currently putting 80% of my portfolio into XEQT and 20% into SCHD.
Is it better to hold SCHD in my TFSA, or would you recommend moving it to my RRSP? Would love to hear your thoughts on the tax implications!
I'm aware of the 15% withholding tax on dividends in a TFSA, but I’m wondering if the simplicity of the TFSA outweighs the tax benefit of the RRSP for my long-term strategy
My wife and I (both early 30s) own a home with approximately $470K in equity. Our combined investments in our registered accounts currently sit at around $850K. So from a net-worth perspective, we've passed 1 mil already.
Despite that I never thought of myself as a millionaire, because I can't really touch that $470K unless I sell my home. Im curious how many of you would call yourselves millionaires in this situation.
Hello everyone,
I’m a 19 year old international student in Canada and recently started investing through my TFSA. I’m still very new to personal finance and investing, so I’m trying to learn as much as I can.
Right now my portfolio is mainly XEQT, with smaller positions in HIVE and HHIS. My goal is long term wealth building rather than trying to get rich quickly, but I also like learning about individual stocks.
I’d really appreciate any honest feedback:
I’m here to learn, so feel free to be critical. Thanks in advance
Hello I am very new to investing, Please be kind ! I am not sure what to buy and where to research about this ! Any advice will be greatly appreciated. Thank you
Throw in your investing lessons, suggestions.
Any suggestions to make my portfolio better ?👀
Position instructions: VFV and XEQT serve as the ballast of the portfolio for risk diversification. SPMO uses a momentum-tracking strategy to outperform QQC. The remaining smaller positions—QLD, TQQQ, and SOXL—are meant to chase explosive upside in a tech bull market. QLD and TQQQ were chosen separately as the leveraged positions to soften the severity of drawdowns. SOXL concentrates on the currently hottest semiconductor/AI infrastructure sector (and may later be swapped for other ETFs depending on market performance).
I lucked out with a good amount of money from a settlement, i am constantly feeling guilty about letting my money sit around (immigrant parents suggested buying gold, which at the time was exploding and maybe i shouldn’t have done that; thats where the losses are from)
I have minor experience in investing (as you can tell lol)
I know i shouldn’t have used the non registered acc (save your panics)
I just opened my FHSA acc and i was looking to maximize this year’s room.
Should i go all in into XEQT? Should i diversify? Should i buy something with it and split? 80%-20%? Etc…..
Please any advice from someone with experience would help! Still young and i feel like this amount gives me an advantage and i dont want to miss that.
Not expecting it to blow up, but thanks a lot in advance!!🥹
Note; 8K from the checking account is going towards student loans.
Was recommended SPCX and AAPL by friends, I’m 20M and have thrown in less than 10k on XEQT. Where to put remaining 15k? Still a student but this amount is set aside for investing, all else covered for now.
Would ideally like big returns by the time i’m 25-28.
Just turned 18 realized that I bought everything at its all time high 🤦♂️
Just opened my TFSA, realized I need to start taking finances seriously. Aiming to put 50ish dollars every paycheck, and hopefully increase that later. Gonna aim to have it 70% XEQT 20% Microsoft ( TSX hedged version) and 10% penny stocks i hope do well. Have a non registered account with only money im ok with losing ( 50 in it right now, maybe 5-10 bucks a paycheck added), to take advantage of free commisions and get practice trading.
I know this group advocates investing XEQT but it’s a slow growth. Are there other options? I am open to XEQT but I am not convinced. I want to add more to my portfolio and I am a long term holder. I started investing 3 years ago. Any advice?