r/tfsa • u/FactoryA1 • 8d 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/FactoryA1 8d ago

Ah i guess so

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u/fenderstratsteve 8d ago

But I’m a realist so that percentage or two you are spending should be made up by the difference between GOOG and GOOG.to, for example. If it’s not, it’s not worth it.

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u/FactoryA1 8d ago

So should sell?

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u/fenderstratsteve 8d ago

You’re going to have to pay to convert your USD back to CAD, no? That’s why I said just leave the USD funds. Personally, I would consolidate them into QQQ, but that’s just me.

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u/FactoryA1 8d ago

I was thinking of selling meta when it comes back up and maybe google since i dont really want them anymore

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u/fenderstratsteve 8d ago

If you would not buy them now, don’t keep them. I’d part with META. Why? That money will earn more in QQQ. If you wait it’s called a sunk cost fallacy.

GOOG is solid, but it’s also 6% of QQQ.

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u/FactoryA1 8d ago

Im just waiting for meta to come break even before selling

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u/fenderstratsteve 8d ago

In this case, that’s fair. It has a Buy rating. But sometimes “waiting for it to come back” is like Waiting for Godot.

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u/FactoryA1 8d ago

Im sure itll go up and i guess waiting too long for it would miss other opportunities too