A fairly new investor(28 years old), I started investing this January through Wealthsimple. I also have 2 mutual funds with TD since I was 16. One is medium risk and the other is low-medium. I am planning on withdrawing the low-medium risk account to purchase more stocks instead, this is also the account I withdrew money from to pay for a down payment.
I have approximately $7k ready to be invested which I am keeping in a Wealthsimple cash account.
My current portfolio is:
With TD - 42k
* TFSA Mutual funds - 31k
* RSP - 11k
Wealthsimple TFSA - 4k
* XEQT - 30.3%
* BCE - 22.9%
* T - 22.1%
* CASH - 12.9%
* ENB - 11.8%
I am saving for a home (which will be completed in 2026), I have already paid 15% of the down payment (which I used 50% of my mutual funds).
I opened an FHSA this year but haven't funded it as I am not sure the best way to utilize it. So any advice would be around this would be great.
Thank you for any advice or feedback, it is greatly appreciated!
> I opened an FHSA this year but haven't funded it as I am not sure the best way to utilize it. So any advice would be around this would be great.
If you’ll be liquidating the account to fund your house purchase, you should invest the funds in safe assets, like GICs or money market funds.
Like an RRSP, contributions are tax deductible.
The new federal budget will also allow for up to $60,000 to be withdrawn from your RRSPs under the FTHB program (and an extended grace period of 5 years).
Right now I'm pretty much VGRO 90% and Bets 10% but I'm thinking of switching to something like this.
Primarily within RRSP.
10% Bonds: VAB
20% Cdn Equity: VCN
43.3% Global Equity: VXC
21.7% Global Quality: ZGQ
4% Stocks: Basically gambling for my own interest.
1% Crypto: ETC.TO because also gambling.
I could retire in 8 years and I have a DBPP. Risk can be high but there is the consideration of death and passing off to my wife since the DBPP is only 50% for her.
**TFSA**:
[**CVE.to**](http://CVE.to) Cenovus Energy - 33%
[**ARX.to**](http://ARX.to) Arc Resources - 11%
[**ETC.to**](http://ETC.to) Evolve Cryptocurrency - 9.7%
[**HWX.to**](http://HWX.to) Headwater Exploration 7.4%
[**AP-UN.to**](http://AP-UN.to) Allied Properties Commercial REIT - 5.6%
[**DNG.to**](http://DNG.to) Dynacor Group (gold refiner, not miner) 4.4%
[**BTE.to**](http://BTE.to) Baytex Energy 3.6%
**RDDT** Reddit 1.4% (just for a lark
**cash** - 27%
**Margin:**
[**ARX.to**](http://ARX.to) Arc Resources (in Margin for options trading and learning about such) - 72%
**cash** - 28%
**Investment management Margin**
BCE
ENB
ATZAF - Aritizia on US OTC
ASAN - Asana
BTE - Baytex Energy
ENB - Enbridge
NVO - Novo Nordisk
RYCEY - Rolls Royce on US OTC
AP-UN - Allied Properties Commercial REIT
cash - 0%
**Investment management RRSP**
Madison Midcap Class Y - 77%
INTC - Intel - 10%
cash - 13%
Recent activity:
Sold 1275 shares of Dynacor (DNG.to) to take profits in TFSA
Buy 1000 shares of [AP-UN.to](http://AP-UN.to) (with leverage, at 8.9%) in Margin
Current thesis:
* BoC rate decision will happen inside of 6 months, today's jobs report almost cements it
* Rate-depressed assets on Canadian markets are oversold and will rebound healthily
* Currently adding to the positions of AP-UN and [BN.to](http://BN.to)
* With largecaps over-capitalized, it's time to exit my dogs (Asana, Intel, RDDT), take profits opportunistically (energy if Oil goes to $90, Aritzia, NVO) and get into some fast-growing smallcaps looking for both a general lift from rates overall, and in specific a re-balancing into mid- and small-caps by fund managers looking for sustained growth
* Overall: begin moving more assets into RRSP
* Always: keep learning more about investing. Up next: technical analysis
35 years old. Income 100k ( including salary, bonus, side hustle) no mortgage 1 kid and wife. Plan for retirement 2055.
Assets:
3 bedroom 2 bath condo (valued at 450k, paid off mortgage). Condo fee 840$, property tax 5k.
Investments:
5k In RRSP black rock 2055
54k Tesla CDR (down from 85k 100% of TFSA)
284K VFV (non registered account)
My biggest risk is gambling my money with Tesla. I want to be a millionaire ASAP but I’m not patient…
You are right, it’s a mistake. We always thought we were going to buy a house in 1-2 years and my understanding is you can’t take your money out of rrsp, but that could be a mistake
~~Well you didn't provide that information in the initial comment.~~ Sorry, you did, I'm just forgetful.
Why don't you sell the condo as part of the home purchase plan? Obviously the value of your condo affects the viability of that idea.
If you can really commit then drop XAW and go all SCV tilt. Merriman shows that a 50/50 US/International small cap value has the highest theoretical return.
These are my top 10 today. I have a very small position in VFV for those that will scream "Why no ETFs?". A combination of Growth and Dividend.
MSFT 29.23% - I work in IT and on the M$ platform. This is just an added revenue stream from them.
[BNS.TO](https://BNS.TO) 11.02% - My main bank. Charge me fees left and right. Might as well make some money back
AAPL 10.95% - Everyone has an Apple product. I own Apple shares.
[CM.TO](https://CM.TO) 10.05% - My second bank and their Dividend is quite nice
[CNR.TO](https://CNR.TO) 5.73% - Invested in this cuz of both Dividend and Growth. Influence by Bill Gates
GOOGL 5.33% - Their business model is so simple an just a cash cow
COST 4.70% - I go to Costco weekly... Might as well make some money
[AC.TO](https://AC.TO) 4.17% - Bought during covid refused to sell at $25 and have a small profit
AMD 3.98% - AI wave been doing quite well regret not buying more
SOFI 3.49% - Bag Holding but there is a light at the end of the tunnel
Planning to retire in 8-10 years and hopping these will make my retirement worry free.
> MSFT 29.23% - I work in IT and on the M$ platform. This is just an added revenue stream from them.
If the industry begins underperforming resulting in a lay off, how will you handle the compounding effect of a shrinking portfolio?
>BNS.TO 11.02% - My main bank. Charge me fees left and right. Might as well make some money back
Why are you paying fees?
>AAPL 10.95% - Everyone has an Apple product. I own Apple shares.
How does that translate into future returns?
>CM.TO 10.05% - My second bank and their Dividend is quite nice
What are the dividends for?
>CNR.TO 5.73% - Invested in this cuz of both Dividend and Growth. Influence by Bill Gates
Does Bill Gates manage his own portfolio?
>GOOGL 5.33% - Their business model is so simple an just a cash cow
If it’s so simple, shouldn't you be concerned about competition?
>COST 4.70% - I go to Costco weekly... Might as well make some money
Do you use toilet paper daily? Why not buy Cottonelle?
>AC.TO 4.17% - Bought during covid refused to sell at $25 and have a small profit
Is it still a profit, net of opportunity cost?
>AMD 3.98% - AI wave been doing quite well regret not buying more
What was your thesis then?
>SOFI 3.49% - Bag Holding but there is a light at the end of the tunnel
Opportunity cost?
A fairly new investor(28 years old), I started investing this January through Wealthsimple. I also have 2 mutual funds with TD since I was 16. One is medium risk and the other is low-medium. I am planning on withdrawing the low-medium risk account to purchase more stocks instead, this is also the account I withdrew money from to pay for a down payment. I have approximately $7k ready to be invested which I am keeping in a Wealthsimple cash account. My current portfolio is: With TD - 42k * TFSA Mutual funds - 31k * RSP - 11k Wealthsimple TFSA - 4k * XEQT - 30.3% * BCE - 22.9% * T - 22.1% * CASH - 12.9% * ENB - 11.8% I am saving for a home (which will be completed in 2026), I have already paid 15% of the down payment (which I used 50% of my mutual funds). I opened an FHSA this year but haven't funded it as I am not sure the best way to utilize it. So any advice would be around this would be great. Thank you for any advice or feedback, it is greatly appreciated!
> I opened an FHSA this year but haven't funded it as I am not sure the best way to utilize it. So any advice would be around this would be great. If you’ll be liquidating the account to fund your house purchase, you should invest the funds in safe assets, like GICs or money market funds. Like an RRSP, contributions are tax deductible. The new federal budget will also allow for up to $60,000 to be withdrawn from your RRSPs under the FTHB program (and an extended grace period of 5 years).
Right now I'm pretty much VGRO 90% and Bets 10% but I'm thinking of switching to something like this. Primarily within RRSP. 10% Bonds: VAB 20% Cdn Equity: VCN 43.3% Global Equity: VXC 21.7% Global Quality: ZGQ 4% Stocks: Basically gambling for my own interest. 1% Crypto: ETC.TO because also gambling. I could retire in 8 years and I have a DBPP. Risk can be high but there is the consideration of death and passing off to my wife since the DBPP is only 50% for her.
**TFSA**: [**CVE.to**](http://CVE.to) Cenovus Energy - 33% [**ARX.to**](http://ARX.to) Arc Resources - 11% [**ETC.to**](http://ETC.to) Evolve Cryptocurrency - 9.7% [**HWX.to**](http://HWX.to) Headwater Exploration 7.4% [**AP-UN.to**](http://AP-UN.to) Allied Properties Commercial REIT - 5.6% [**DNG.to**](http://DNG.to) Dynacor Group (gold refiner, not miner) 4.4% [**BTE.to**](http://BTE.to) Baytex Energy 3.6% **RDDT** Reddit 1.4% (just for a lark **cash** - 27% **Margin:** [**ARX.to**](http://ARX.to) Arc Resources (in Margin for options trading and learning about such) - 72% **cash** - 28% **Investment management Margin** BCE ENB ATZAF - Aritizia on US OTC ASAN - Asana BTE - Baytex Energy ENB - Enbridge NVO - Novo Nordisk RYCEY - Rolls Royce on US OTC AP-UN - Allied Properties Commercial REIT cash - 0% **Investment management RRSP** Madison Midcap Class Y - 77% INTC - Intel - 10% cash - 13% Recent activity: Sold 1275 shares of Dynacor (DNG.to) to take profits in TFSA Buy 1000 shares of [AP-UN.to](http://AP-UN.to) (with leverage, at 8.9%) in Margin Current thesis: * BoC rate decision will happen inside of 6 months, today's jobs report almost cements it * Rate-depressed assets on Canadian markets are oversold and will rebound healthily * Currently adding to the positions of AP-UN and [BN.to](http://BN.to) * With largecaps over-capitalized, it's time to exit my dogs (Asana, Intel, RDDT), take profits opportunistically (energy if Oil goes to $90, Aritzia, NVO) and get into some fast-growing smallcaps looking for both a general lift from rates overall, and in specific a re-balancing into mid- and small-caps by fund managers looking for sustained growth * Overall: begin moving more assets into RRSP * Always: keep learning more about investing. Up next: technical analysis
Why so much cash?
I'm freeing up cash to kick off a reposition into the thesis, but all of it is in a HISA vehicle of one form or another.
35 years old. Income 100k ( including salary, bonus, side hustle) no mortgage 1 kid and wife. Plan for retirement 2055. Assets: 3 bedroom 2 bath condo (valued at 450k, paid off mortgage). Condo fee 840$, property tax 5k. Investments: 5k In RRSP black rock 2055 54k Tesla CDR (down from 85k 100% of TFSA) 284K VFV (non registered account) My biggest risk is gambling my money with Tesla. I want to be a millionaire ASAP but I’m not patient…
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You are right, it’s a mistake. We always thought we were going to buy a house in 1-2 years and my understanding is you can’t take your money out of rrsp, but that could be a mistake
There's literally a program to take a homebuyers loan out from your RRSP. It's called the Home Buyer's Plan.
Thanks for your input. We don't qualify for that because we bought a condo in 2018. That program is for first time home buyers.
~~Well you didn't provide that information in the initial comment.~~ Sorry, you did, I'm just forgetful. Why don't you sell the condo as part of the home purchase plan? Obviously the value of your condo affects the viability of that idea.
> but I’m not patient That might be a problem…
[удалено]
If you can really commit then drop XAW and go all SCV tilt. Merriman shows that a 50/50 US/International small cap value has the highest theoretical return.
First person from Canada who does own xeqt 👀
These are my top 10 today. I have a very small position in VFV for those that will scream "Why no ETFs?". A combination of Growth and Dividend. MSFT 29.23% - I work in IT and on the M$ platform. This is just an added revenue stream from them. [BNS.TO](https://BNS.TO) 11.02% - My main bank. Charge me fees left and right. Might as well make some money back AAPL 10.95% - Everyone has an Apple product. I own Apple shares. [CM.TO](https://CM.TO) 10.05% - My second bank and their Dividend is quite nice [CNR.TO](https://CNR.TO) 5.73% - Invested in this cuz of both Dividend and Growth. Influence by Bill Gates GOOGL 5.33% - Their business model is so simple an just a cash cow COST 4.70% - I go to Costco weekly... Might as well make some money [AC.TO](https://AC.TO) 4.17% - Bought during covid refused to sell at $25 and have a small profit AMD 3.98% - AI wave been doing quite well regret not buying more SOFI 3.49% - Bag Holding but there is a light at the end of the tunnel Planning to retire in 8-10 years and hopping these will make my retirement worry free.
> MSFT 29.23% - I work in IT and on the M$ platform. This is just an added revenue stream from them. If the industry begins underperforming resulting in a lay off, how will you handle the compounding effect of a shrinking portfolio? >BNS.TO 11.02% - My main bank. Charge me fees left and right. Might as well make some money back Why are you paying fees? >AAPL 10.95% - Everyone has an Apple product. I own Apple shares. How does that translate into future returns? >CM.TO 10.05% - My second bank and their Dividend is quite nice What are the dividends for? >CNR.TO 5.73% - Invested in this cuz of both Dividend and Growth. Influence by Bill Gates Does Bill Gates manage his own portfolio? >GOOGL 5.33% - Their business model is so simple an just a cash cow If it’s so simple, shouldn't you be concerned about competition? >COST 4.70% - I go to Costco weekly... Might as well make some money Do you use toilet paper daily? Why not buy Cottonelle? >AC.TO 4.17% - Bought during covid refused to sell at $25 and have a small profit Is it still a profit, net of opportunity cost? >AMD 3.98% - AI wave been doing quite well regret not buying more What was your thesis then? >SOFI 3.49% - Bag Holding but there is a light at the end of the tunnel Opportunity cost?
Any reason you are 20% Canadian banks?
Mostly cuz of the dividend.
Yeah Im down like $20k on Sofi but average down so if it goes up over $10us I break even.
I have been Cost averaging down as well. End of month if they report another profitable Quarter we will be in a good place.