My household investment portfolio has reached approximately $1.4 million, but there’s an important part of that number I want to be completely transparent about: approximately $180,285 is investment-related borrowing. In this portfolio update, I’m breaking down the actual numbers behind the portfolio, including: 📈 $1,400,363 current portfolio value 🌎 28,471+ shares of XEQT and 484 shares of VT 💳 $180,285 of investment-related borrowing 💰 Approximately $21,500/year in distributions 📊 Approximately 2.3% yield on cost 🔄 Distributions are essentially reinvested back into the same holdings I’ll also explain why I continue to keep my portfolio incredibly simple, with $XEQT making up the overwhelming majority of my investments. XEQT gives me exposure to thousands of companies across Canada, the U.S., developed international markets and emerging markets, while automatically rebalancing the portfolio. I’ll explain why that simplicity is so important to me — and why I’m not interested in constantly chasing whichever country, sector or stock happened to outperform over the previous decade. I’ll also talk about the small amount of $VT I hold in our RRSPs, and why U.S.-domiciled ETFs can make sense in certain Canadian registered accounts from a withholding-tax perspective. 🌎 One of the biggest themes in this video comes from Vanguard's "Think differently about global diversification" article. The U.S. has dramatically outperformed many international markets over the past decade. But looking backward, there's always something that performed even better. That’s why I continue to believe that diversification isn't about predicting which market will win. It's about acknowledging that we don't know. 📌 Important: This video is my personal investing journey and is for educational and entertainment purposes only. It is not financial, investment or tax advice. Investing involves risk, and borrowing to invest can significantly increase both potential gains and losses. The tax treatment of investment interest depends on individual circumstances and applicable CRA rules. 👇I'd love to hear from you: Would you be comfortable having a $1.4 million portfolio with $180,000 of investment borrowing, or would you prefer to invest completely debt-free? https://www.youtube.com/watch?v=RHiZbMkEaL0
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11 Comments
Mike L@noviceadvisor · 1h
Imagine if you bought mste under $2 instead 😳 🤣
Christopher J@cjs033 · 40m
Well done Moe! Congratulations to you and your family for staying disciplined through all cycles of the stock market ups and downs. Consistency and compounding. The golden C’s!!! 🤩🙏🏻🎉
Omar @wealthwhisperer · 1h
Your journey is an inspiration, Moe. Wishing nothing but success and happiness for both you and your family, as you continue that journey forward.
A I S@a.i.s · 15m
Impressive share count, congratulations 🎉
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