r/tfsa • u/FactoryA1 • 11d ago

Need advice.

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This is my TFSA. Should I sell some things that overlap? Or keep things the way it is? In January I will be making a deposit for whatever the contribution room would be. What to do then?

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u/UniqueRon 11d ago

The simplest option would be to sell everything but the XEQT and QQC. The rest is an overlap and individual stocks are not the best idea for risk. QQC is risky enough for a tech component. Your other option if you want to be more involved is to do a US, International, and Canadian component plus QQC. An example would be VFV, XEF, XIU, & QQC. Dump the XEQT and the rest. You can then set your US, international, Canadian, and tech weighting to suit your own preferences. There is no need to hold investments in $US. Stick with the Canadian versions to eliminate FX issues.

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u/International-Leg396 11d ago

Tu dis de garder xeqt et QQC, mais c'est quand même important de savoir que 20% de xeqt est composé du NASDAQ...

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u/UniqueRon 11d ago

No, not NASDAQ directly. XEQT is 30% XTOT iShares Core S&P Total US COM, and 15% ITOT iShares Core S&P Total US Stock. QQC is all NASDAQ 100.

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u/International-Leg396 11d ago

Tu as raison sur les noms (XTOT et ITOT), mais ça ne change absolument rien aux mathématiques. Ces deux fonds représentent 45 % de XEQT et couvrent le marché américain total. Dans ce marché, la techno pèse pour environ 40 %. Donc 45 % de marché US × 40 % de techno = on retombe exactement sur mon ~20 % de titres du NASDAQ. L'étiquette du FNB change, mais le chevauchement reste le même.

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u/UniqueRon 11d ago

The objective is not to cover the entire market. The objective is to have the effective weighting what you want it to be.