Portfolio allocation advice needed — poll below

I’m Canadian and planning to retire in approximately 12–15 years. I currently have about $156,000 invested and contribute roughly $1,500–$2,000 per month.
My approximate account breakdown is:
• TFSA: about $115,000. Around 78% is XEQT, with the rest in CGL.C, ARTG, ALM, and NXE.TO.
• RRSP: about $40,000, invested in XEQT.
• Non-registered account: the remaining amount, currently invested in XEQT.
• My TFSA is maxed until January, so most new contributions are currently going into the non-registered account.
• I’m comfortable with high risk and currently prefer a 100% equity portfolio. I’m not particularly interested in a traditional bonds/GIC-heavy approach at this stage.
I originally held VFV but switched to XEQT for better global diversification. XEQT has also performed strongly for me year to date, but I’m trying not to make decisions based only on recent returns.
The main question is what to do with the allocation in my TFSA and how to direct future contributions.
What would you do? Please vote and explain your reasoning, especially considering diversification, concentration risk, taxes in the non-registered account, and my 12–15-year retirement timeline.

My expense are cheap and I don’t need much to retire, I think I can do it on 1.5M

I have two vacation properties that are assets with no mortgage on either. Housing I currently rent, as I’m not wanting to be tied down to my current city. Vehicle is almost paid for. Sizeable inheritance coming down the line aswel.

Looking for options

Go 100% XEQT and sell the rest

35%

78% XEQT, 13% CGL.C, 9% individual

90% XEQT, 10% GOLD

14%

90% XEQT, and 10% VFV

26%

Other, please comment suggestions

Income/dividend investing

12%

371 votes · 10h left

6,032 views

40 Comments

Dark Knight

@dark_knight · 4d

I like 85% $XEQT and 15% $QQC

Jay

@reachjay · 4d

If you dont need income now dont put it in invome in my personal experiences..

In growth you can always sell monthly and cash out.. you can skip if there is a red month.. you can lower the amount etc

Lamia H@lamou1708 · 4d

any of the first 4 options look good. with 100% XEQT you would only need to auto drip, set and forget. the other, you may need to check them once a year to rebalance if necessary.
12-15 years is too long to think about income/dividend investing. You can reevaluate 5 years before retirement

Michael Noël@therev · 3d

$XEQT is globally diversified in thousands of companies across multiple sectors. It’s built for the ups and downs. If you went with 100%, you could just chill.

I personally like the mining and energy sectors, that’s why I have $ZGD, $XCS, $XETM, $HURA and $HXE. But the majority of my net worth is not in the market, so I can afford to take risks.

Here are a couple of things to keep in mind. 1. If you are making more now then you will be making in retirement an RRSP is a great way to go.
2. Also, based on your age, while you may be investing for 12-15 years, you could be invested for 30 to 40 years.
3. For retirement planning, especially with properties and an inheritance, you would definitely need an estate planner.

In the meantime, this guy has a lot of great videos and he is a fee based planner.

https://youtu.be/XA2rZJl3fAY?si=4ggZALE2DFnRX1fa

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