Q: Hi,
If you had an 80/20 split of funds in a cash account and a TFSA account, what securities would you put in a TFSA, based on the models current allocations? And would you move AW to a cash account after its merger in October.
Thx as always.
If you had an 80/20 split of funds in a cash account and a TFSA account, what securities would you put in a TFSA, based on the models current allocations? And would you move AW to a cash account after its merger in October.
Thx as always.
5i Research Answer:
We would likely put GSY, CSU, EQB, TFII and WSP into a TFSA. We like the AW merger but the company will likely remain 'low growth' overall. Thus, we would be fine moving it to a non-reg account in order to free up more room for 'growth' within a TFSA.