Decided to simplify my TFSA and go 100% $XEQT📈 Sold my remaining positions in my TFSA and consolidated everything into XEQT. Going forward, I’ve set up an automatic $1,000/biweekly investment and plan to just let it compound. That works out to $26,000 invested per year as long as I have the TFSA contribution room, and based on the graph after 5 years of 10% annualized returns that could be worth $196,532! Anyone else running 100% XEQT in their TFSA? Any suggestions or changes you would make?
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32 Comments
Josh @moneymakinghabits.com · 14dEdited
After a decade of stock picking (good and bad) I made the same move. I’m now 100% xeqt across all accounts (There are many fine all in one etf products out there just pick one). I realized time is the most important variable and I was spending way too much of it researching and analyzing individual stocks. Now my only focus is total share accumulation…an input I can control by my earnings and savings (investing) rate while the market compounds upwards overtime. Love the automated bi weekly investing while being cautious of your TFSA annual limits. Perhaps consider a more conservative rate of returns 7-8% in your modeling. Cheers Josh
Kar Yung Tom@karyungtom · 15d
Nope. Probably a genius move. <3
Twenty-five And Invested@25andinvested · 14d
Drop that 10% to 7% it will offer a much more responsible longterm outcome.
Stephen Kostecki@kostecs311 · 14d
I use to go 100% XEQT . Recently I’ve changed things to 50% xEQT 30% VFV and 20% QQC
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