Author Topic: Different RRSP/TFSA or VGRO-n-go?  (Read 1901 times)

randomcabbage

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Different RRSP/TFSA or VGRO-n-go?
« on: April 09, 2023, 09:51:01 PM »
I'm late 40s, new to this. Just put $1000 each in a Questrade RRSP and TFSA, will add to them regularly. I've heard it's best to put stocks in the TFSA and bonds in an RRSP. So based on that logic, does it make sense to go with something like VEQT in the TFSA and VCIP in the RRSP? Or is the difference negligible, and VBAL or VGRO would be fine for both?

Heckler

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Re: Different RRSP/TFSA or VGRO-n-go?
« Reply #1 on: April 16, 2023, 12:15:35 PM »
https://www.finiki.org/wiki/Getting_started#Tax_aspects

to me, if you're going the asset allocation fund of funds route, which has slightly higher MERs in exchange for simplification, keep it simple.