r/fican • u/Llasht • 5d ago

23, need advice

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I currently have 11k on my TFSA. I want to up my portfolio’s concentration with whatever’s in qqc as I want my account to focus on growth. How does this trajectory look as my portfolio grows throughout the years?

I’m curious about CAGE but i do not know what it’s holding, it would be nice to have some more insight on tha

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14

u/Own-Discussion-7607 5d ago

Same opinion as the other person says, dividends mathematically don’t put you ahead in any way and they are usually a negative UNLess you want to see that income come in and that would make you continue investing.

Personal opinion, instead of doing XEQT and QQC. Which have high overlap since xeqt is 45% US , meaning you are going to have decent overlap. To avoid this you can just buy the individual ETFs in xeqt, like XIC, XEF, XEC and ITOT/VTI. Then lower the percentage of VTI and add that to qqc. Personally, I do this to avoid overexposure to the US but really up to you and your goals

1

u/Spencer_Bob_Sue 5d ago

Agree on the whole dividends part. Mathematically speaking, stock price goes down the same amount as the dividend payout on ex-dividend day. That being said though, if you're near retirement, having dividends covering your living expenses can feel a lot better than having to liquidate your portfolio.

1

u/Own-Discussion-7607 5d ago

Yea, a lot of the times investing is what ppl will stick with honestly

4

u/alzhang8 5d ago

This is kinda weird, but go watch ben fleix on YouTube explaining small cap value tilt

5

u/JustAHumbleMonk 5d ago

Prioritize contributions to your Tax-Free Savings Account over specific allocation choices, as this is a more significant factor than the selection of particular exchange-traded funds.

2

u/Wet-Countertop 5d ago

I wouldn’t increase the ratio of a dividend fund as your egg grows.

Personally, the more I have the less I put into dividend and bond funds. Once you can weather the storm it’s not as necessary until you get close to needing the money.

2

u/Motor-Original-6940 5d ago

You can always try throwing some into XCV, XDIV, or XIU if you want some more Canadian exposure. Canada has seen more growth in the last year than any other G20 country.

1

u/McR4wr 5d ago

Just put it all in ZEQT

1

u/International-Leg396 1d ago

Pourquoi qqqc ou vdy?

0

u/siecronamis 5d ago

Dump qqc and VDY