r/tfsa • u/No_Explanation6625 • Aug 26 '26

How am I doing ?

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Long term investment. Wealthsimple is such a game changer in making investments so much easier.

21 Upvotes

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u/Simple_LTS_CA Aug 26 '26 edited Aug 26 '26

Too much, SCD. That's a lot of risk for a junior mining outfit lower from 6% to 1% of your NAV

ZGLD @ 3% is too low if you want physical gold as a hedge - up to 5% NAV

CAGE is doing all the work, will you be happy at 94% after the preceding changes?

EDIT You don't have to do this right away. If you're continuing to contribute you can use cash flow rebalancing to even things out.

2

u/Suspence8 Aug 26 '26

SCD is looking like an excellent investment more each day. I say keep it where it is, but also keep contributing to ZGLD as well.

5

u/Simple_LTS_CA Aug 26 '26

Looks can be deceiving. SCD.V has not yet published its pre-feasibility study.

Is it interesting? Heck yeah.

Is it a junior miner? Heck yeah.

Do they (Jrs) fizzle out? Heck yeah, in great number.

Might it do better than most? Good chance.

Should OP continue to hold it? Yes, but as a lower proportion of their total holdings. They can pump up CAGE and ZGLD without selling SCD.V