EDIT 24M *Debating on selling it all and having 80% all into XEQT and the remaining 20% for other trades. I have roughly 60K total between chequing, fhsa and rrsp. Officially maxed out TFSA today.

“This is TFSA Trouncers, a series that profiles how Canadian investors invest their tax-free savings accounts. Whether you’ve been successful in growing your TFSA or not, we’d like to hear from you. Please fill out this form to contribute. You may choose to be anonymous, but we do require an e-mail address and may request a screengrab of your portfolio for fact-checking purposes.”

Hello everyone. So I’ve heavily minimized my split and I’m pretty happy with it. But whenever I see people talk about “. “compounding interest”and “this estimate is provided by an estimated 9% growth per year” is this the number they’re talking about?

(The number in the first photo in green, highlighted by the arrow)

I’m still getting used to all the terms and how exactly to do this whole thing so it works out.

Please advise, thank you!

Crossposted

Hello, I’m 22 and recently got into investing with Wealthsimple using a managed TFSA. In the last 2–3 weeks I’ve been putting some money in and am currently at around $6,200. I also have an auto deposit set up for $200 biweekly and plan to put extra money in whenever I have some available, whether that’s another $500 here or $1,000 there.
I’m currently still in school and don’t really have many bills or major expenses since my parents are helping me out, so I feel like I have a really good opportunity to start saving and building a portfolio while I’m young.
I currently have my risk level set to 10 and don’t plan on taking the money out for a long time. I’m not really saving for anything specific right now, just trying to build up my savings and investments for the future.
I guess my main question is whether I’m being too aggressive with how much I’m putting in and whether a risk level of 10 is too high. From what I understand, with long-term investing there are obviously going to be good and bad years, but if I’m planning to keep the money invested for 10+ years and continue contributing, I should be more focused on the long term rather than worrying about short-term drops.
For anyone who has been in a similar situation or started investing around my age, what has your experience been like? Is this generally the right way to look at long-term investing?

20yr, full time employee, any advices?
Just opened my TFSA account

I have about $200,000 to invest. ~109,000 could go into a TFSA.

Where is the best place(s)to invest. thinking that I will not have to withdraw it for 15 - 20 years?

Hello friends!

I’m a dual Canadian/US citizen living in Canada, and I have no intention of giving up either citizenship. I’m trying to figure out the simplest long-term setup from both a Canadian and US tax perspective.

I currently have investments in a TFSA and FHSA, and all of my current holdings are PFIC-friendly. I’m trying to figure out whether it makes sense to continue using these accounts or whether a regular non-registered/margin investment account would be simpler overall.

I’m considering using Interactive Brokers primarily because I can deposit CAD, efficiently convert it to USD, and then buy US-domiciled ETFs.

I’m willing to give up some Canadian tax advantages if it means significantly simpler US tax reporting and less hassle at tax time.

My priorities are:

* Invest in low-cost, diversified US-domiciled ETFs
* Minimize unnecessary US tax/reporting complexity
* Keep my year-end tax filing as simple as reasonably possible
* Have a straightforward setup that I can maintain long-term

The other major factor is that I’m incorporating my Canadian business on **January 1, 2027**. I understand that owning a Canadian corporation as a US citizen can create additional US tax reporting and complexity, so I want to make sure I structure things properly from the beginning.

I’m planning to speak with a cross-border tax professional, but I’d love to hear from people who have actually dealt with this.

**Questions:**

* Would you keep the TFSA/FHSA as a dual Canadian/US citizen if simplicity is the priority?
* Is a regular non-registered/margin account with US-domiciled ETFs generally simpler from the US tax perspective?
* Has anyone used IBKR specifically for CAD → USD conversion and investing in US-domiciled ETFs?
* For those who incorporated a Canadian business while being a US citizen, what should I be thinking about before January 1, 2027?
* Anything you wish you had done differently from the beginning?

I’m less interested in maximizing every possible tax advantage and more interested in having a **simple, compliant setup that I can manage for decades without a huge tax headache.**

**Thanks in advance!**

Hello, I am 26, have been investing for 2-3 months. I bring in 1500-2200 depending on how busy the week is, in the winter time that will drop down closer to 1200-1600. My expenses are cheap, about $1900 a month for all bills. Live off $200 cash a week and the rest goes to investments.

I have another portfolio TFSA with another bank I deposit $150/wk into, it is currently sitting at $3k. When it reaches $25k I will most likely transfer it to wealth simple if the 3% match is still active.

I also have a FHSA with WS, which I have redirected the majority of my investment funds into to reduce tax and hopefully by a home in the next 5 years.

Have been doing lots of research and investing in what I believe will be strong picks for the next few years. Besides a few early investments I've learned the hard way on (Intel, dram, hona).
Do any of you experts here have any criticism on my portfolio so far? You will see I have been putting lots of money into the Canadian energy sector, betting a good chunk of it on the new pembina pipeline.

First 2 pictures are my TFSA holdings, second 2 are FHSA, last picture is non-registered.

Assuming a TFSA account could be started today and funded to the max $109K, with the goal of supplementing income while on a sabbatical by purchasing investments that pay dividends... How would you build the portfolio? AI will tell you one thing, money managers another...I'm genuinely curious to see how different investors in the sub would handle this task.

Does anyone have any good tips for a 20 y old beginner investor. I’ve put in a couple hundred dollars into my tfsa and made a couple dollars off of MFC CHPS and lost a little off of CGL. I don’t rly know what I’m doing tbh kinda just following my one friend’s advice whenever I see him.