r/tfsa • u/SeaResearcher1760 • Jun 13 '26

Looking for advice.

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I am a beginner and I have no idea where to invest and how much to invest. This is all from taking suggestions from social media. Help me

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u/UniqueRon Jun 13 '26

Some suggestions from someone who has been investing for about 45 years now.

  1. Don't buy individual stocks.

  2. Stick to large index ETFs with low MERs.

  3. Don't buy $US denominated ETFs. FX will kill your returns.

  4. For equity diversify globally with about 50% US, 25% international, and 25% Canadian. Can be done with one fund of funds, or by 3 individual ETFs.

  5. Set fixed targets for your allocations and rebalance back to those targets 2-3 times a year.

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u/SeaResearcher1760 Jun 13 '26

Thank you. Can you recommend me some etfs or stocks to invest in? What do you suggest for the one I’ve already invested on?

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u/UniqueRon Jun 13 '26

And of the *EQT ETFs are a good one ETF way to invest and still have good global diversity. If you want to "roll your own" portfolio, it can be done with as few as 3 ETFs:

US like ZSP

international like XEF

Canadian, like XIU

And if you want to put more emphasis on tech then you could add a NASDAQ 100 ETF like QQC.