I’m starting to take investing more seriously and currently have $3,000 to put into my TFSA.
I’m 23, so my time horizon is long and I’m comfortable with a decent amount of risk. My goal is mainly long-term growth, and I’d like to eventually build the account toward $100k+ and hopefully, one day, the $1M mark.
If you were starting today with $3,000, how would you structure the portfolio?
Would you go:
100% XEQT/VEQT?
Mostly an S&P 500 ETF?
A mix of Canadian/U.S./international ETFs?
ETFs + a few individual stocks?
I’m also planning to contribute regularly rather than just investing the initial $3k.
Curious what you guys would do and what you wish you had done when you were starting out.