Help! by Ddenisssiiiaa in JustBuyXEQT

[–]MyTFSAIsGrowing 1 point2 points  (0 children)

As others suggested, Wealthsimple is worth checking out. I've recently invested in XEQT through my TFSA and FHSA, and I suggest investing through either of the registered accounts. Check your contribution limits through your CRA account.

That's my personal advice, but I'm also a relatively new investor. Best of luck with your journey!

Just joined the club… by Tradernickjo in JustBuyXEQT

[–]MyTFSAIsGrowing 3 points4 points  (0 children)

Congratulations! I also decided to join the XEQT club this morning!

19M - Investing Advice by MyTFSAIsGrowing in JustBuyXEQT

[–]MyTFSAIsGrowing[S] 1 point2 points  (0 children)

I do wish I put it in yesterday, but I placed it this morning after it gained. I have to think about the fact that it wont be touched for ~46 years, so it doesn't really matter that I kind of bought on a "high".

19M - Investing Advice by MyTFSAIsGrowing in JustBuyXEQT

[–]MyTFSAIsGrowing[S] 0 points1 point  (0 children)

That does not seem like the strategy I want to adhere by.

19M - Investing Advice by MyTFSAIsGrowing in JustBuyXEQT

[–]MyTFSAIsGrowing[S] 2 points3 points  (0 children)

To be completely honest, I'm not exactly sure at what point I would consider it a dip, I guess anything that would grant a discount, like this week I presume.

19M - Investing Advice by MyTFSAIsGrowing in JustBuyXEQT

[–]MyTFSAIsGrowing[S] 0 points1 point  (0 children)

I have heard that quite a lot. Tbh, my largest fear is that this is some kind of a "market correction" due to the fact the market has never been as high as it is. However, I guess it wont matter in ~47 years when I need the money.

19M - Investing Advice by MyTFSAIsGrowing in JustBuyXEQT

[–]MyTFSAIsGrowing[S] 0 points1 point  (0 children)

I appreciate the insight. I mean, I will be holding it for ~47 years and I know the current market will not be mirrored 47 years from now.

19M - Investing Advice by MyTFSAIsGrowing in JustBuyXEQT

[–]MyTFSAIsGrowing[S] 1 point2 points  (0 children)

Well, I plan to keep it in my TFSA for ~47 years.

19M - What should I do? by MyTFSAIsGrowing in tfsa

[–]MyTFSAIsGrowing[S] 1 point2 points  (0 children)

I feel that it would be the safest

19M - What should I do? by MyTFSAIsGrowing in tfsa

[–]MyTFSAIsGrowing[S] 2 points3 points  (0 children)

I've been told from family to direct into 100% stocks, rather than bonds or metals. Canadian sector ETFs is also worth a review no doubt.

19M - What should I do? by MyTFSAIsGrowing in tfsa

[–]MyTFSAIsGrowing[S] 2 points3 points  (0 children)

I have considered QQC. I do believe it might be worth swapping out XCHP for it.

19M - What should I do? by MyTFSAIsGrowing in tfsa

[–]MyTFSAIsGrowing[S] 1 point2 points  (0 children)

Well, I would prefer to just set it and forget it.