Hi all,
I've hit a situation where I need advice on what to buy in my Margin account.
Both my TFSA and RRSP are maxed out, so I am currently investing in a taxable Margin account only only until more room is available in 2021.
I know it's best to hold canadian stocks in my taxable account only, which is what I do (I only own VCN in my margin only).
I know it's also best to hold non-canadian stocks in RRSP and to hold canadian bonds in TFSA and RRSP, which is what I do.
My AA% is where I want it right now and I just want to invest more while still following my AA% strategy.
How should I do that considering my situation of having room in my margin account only and aiming for canadian stocks only? I guess it's now the end of the world to have non-canadian stock in a taxable account, but are there some stocks I should avoid? Any other advices regarding my situation?
Thanks
EDIT:
TL;DR
My accounts:
RRSP = VTI (US$), VUN (US - waiting to do a Norbert Gambit for VTI), XAW (RoR), VAB (bonds)
TFSA = VUN (US), XAW (RoR), VAB (bonds), ZEA
taxable = VCN (CAN)
Basically, my AA% (50% US, 20% CAN, 20% RoR, 10% bonds) is right where I want it now. RRSP is maxed. TFSA is maxed. I have cash to insvest in my taxable so I am looking for stock ETFs/bonds I should buy in my taxable.