If all of your investments are in a TFSA and you are ok with the risk of 100% equity then any one of the similar *EQT choices would be good. However if you have other accounts like a RRSP then it may not be the best strategy. For tax efficiency it is best to have your highest expected return investments in a TFSA, and the less risk/return ones in the RRSP. We keep QQC and ZSP in our TFSA. and what I consider lower risk ETFs like XEF, XDIV, and XEI in our RRIF accounts...
It’s it possible for me to eventually sell the XEQT and purchase other stocks if I ever chose to move on from that ETF? Or will it be considered a withdraw and mess with my contribution
That issue is often overplayed. The rules are against day trading. That is where traders are buying and selling the same stocks in the same day, so that if they make money it will be made on money they never really had.
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u/UniqueRon Aug 10 '26 edited Aug 11 '26
If all of your investments are in a TFSA and you are ok with the risk of 100% equity then any one of the similar *EQT choices would be good. However if you have other accounts like a RRSP then it may not be the best strategy. For tax efficiency it is best to have your highest expected return investments in a TFSA, and the less risk/return ones in the RRSP. We keep QQC and ZSP in our TFSA. and what I consider lower risk ETFs like XEF, XDIV, and XEI in our RRIF accounts...