๐ TFSA Weekly Recap:
Another week in the books! ๐๐
This week was a reminder that the market doesnโt move in a straight line. We saw pressure across Canadian equities, a midweek sell-off, and a partial recovery heading into Friday.
My TFSA strategy remains focused on two things: building passive income while growing my wealth over the long term.
๐ต Income: My high-income ETF positions continue to play a role in my passive-income strategy. The goal is to keep building that monthly cash flow and eventually reach $500, $1,000, $1,500 per month and beyond.
๐ Growth: CAGE and VDY remain part of my broader wealth-building approach, balancing equity exposure with my income-focused holdings.
โ ๏ธ Risk management: Positions like MSTE and TSLY can experience significant volatility. High distributions are attractive, but Iโm keeping an eye on total returns and capital preservationโnot just the payouts.
๐ฏ The bigger picture: Iโm investing consistently, staying focused on my goals, and looking beyond a single week of market movements. Red days are part of investing, and green days are never guaranteed.
My goal isnโt to get rich overnight. Itโs to build a portfolio that can generate meaningful passive income while working toward long-term financial freedom.
How did your portfolio finish the week? ๐ Were you buying the dip, holding steady, or taking some profits? Letโs talk in the comments! ๐