Let's say that I was about to stop using Wealthsimple and start working on my ETFs myself (already have the accounts ready with National Bank). Unfortunately I'm not yet at the stage where I need non-registered accounts. It will have to wait for the house to be paid off (target end of 2024).
So for now I'll let what's at Wealthsimple alone, and will start contributing at National Bank starting next month. I want to keep it as simple as possible. So the plan so far is:
- Boost the mortgage to keep the target where it is
- TFSA: All in VEQT (66% of savings)
- RRSP: All in VGRO (33% of savings)
I can't think of anything much simpler, and I'm very fine with the risk associated with the portfolio. Watcha all think about that plan?
Considering that VEQT and VGRO hold much of the same ETF anyway, should I rather go VUN+VIU+VEE+VAB in the RRSP and VCN in the TFSA, and rebalance myself?
ps. Early 30s, income around 70k for 2019, no hints that I'll reach the next tax bracket any soon