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Element Fleet Management Corp. (EFN)
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goeasy Ltd. (GSY)
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iShares S&P U.S. Mid-Cap Index ETF (CAD-Hedged) (XMH)
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BMO S&P US Small Cap Index ETF (ZSML)
Q: Hi Peter,
This is for a TFSA account.
Option 1 - start a position in either EFN or GSY.
Option 2 - start a position in either ZSML or XMH.
Which would you choose of the two options and which stock/ETF for the highest growth for 10 years?
This is for a TFSA account.
Option 1 - start a position in either EFN or GSY.
Option 2 - start a position in either ZSML or XMH.
Which would you choose of the two options and which stock/ETF for the highest growth for 10 years?
5i Research Answer:
Option 2 allows for growth and diversification as opposed to just owning one stock, and we would prefer ZSML for the highest growth potential in small caps vs mid caps. We would prefer GSY over EFN if choosing a company.