Ok MMM investment gurus ...
I am looking at
50% XAW
25% ZAG
25% VCN[color=green][/color]
(taken from Couch potato table attached) and Money sense article AND so much info from here...
FOR MY $100,000
Does this seem reasonable ??? Can all of these things go into RRSP? Are some better in TFSA? Or Taxable?
I have some more money to put away too starting with my TFSA but I am not sure how much yet the $100,000 is a given so I want to get that socked away ASAP...
Omg I feel slightly sick to my stomach to think I am going to put that much money in RRSP's (but I have to, I need to offset $100,000 in capital gains and that seems the best way to do it according to my CPA) My pension won't be huge so taking the hit on taking the money out when I retire will be less than what I am making now.
I need some reassurance ... anyone???
Ok I am in for $15,000 so far... question now .... DIVIDENDS ... do they just go back into your account? So just buy more stock as you go along???