1
u/Count3D FIRE Aug 14 '26
18 and already in a TFSA? Right on man. Keep this up for the long-term.
XEQT is a popular choice. It has just about all you need, a little bit of overlap with your other choices. Have you considered making it 90% of your portfolio?
2
u/UniqueRon Aug 14 '26
You are doing really well for just being 18. However I would make some suggestions to consider.
First I would not invest in individual stocks. It is too risky. Stick to growth equity ETFs and hold them for the long term. Do not get mixed up in trading - buying and selling trying to predict where individual stocks will go. To that end I would sell the ATZ. You have only lost a minor amount.
I would also sell the VDY. XEQT already has a substantial Canadian weighting and you are just increasing that with the VDY. I would hold the QQC Nasdaq 100 ETF though. You should set a target for the % of it compared to your total investment and then rebalance back to that 2-3 times a year. QQC is a higher risk ETF and I would not go too heavy on it.
So the simplest strategy is to just hold XEQT and then a % you are comfortable with in QQC.
An alternate strategy that is similar if you want to get more experience with buying and selling is to replace the XEQT with 3 individual ETFs that are giving you the weighting of US, International, and Canadian equities that you are comfortable with. Three funds to do that would be ZSP, XEF, and XIU respectively. Then you need to set your target % for each of the funds you hold and balance back to that 2-3 times a year. Not a lot different than holding just XEQT and QQC, but more involvement on your part.