Q: Each year I have maximized my TFSA contribution and have a total value of $80,000 consisting mainly of small cap stocks such as BYD.UN, PPY, CRH, HNL, and tend to rotate stocks periodically. With my advancing age I have toyed with the idea of simplifying the management of my TFSA by holding a single ETF, that being ZDY. Your insight would be appreciated.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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BMO US Dividend ETF (ZDY)
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Vanguard U.S. Dividend Appreciation Index ETF (VGG)
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Vanguard U.S. Total Market Index ETF (VUN)
Q: Hi Team, In my RRSP, I'm Currently holding 30% weight in U.S.market with 20% in VUN (Vanguard Total U.S. Market ETF.) and 10% ZDY (BMO U.S. Dividend ETF) given the potential of rising rates, would I need to get rid of ZDY which has performed well and replace it with VGG.Is there something else you would recommend. Thanks-you! Sam