Q: I am connected to a 41 year old who is about to start investing and putting some money away for retirement
He has very little investment knowledge
He has about $ 200,000 to invest We are going to start with his TSFA and make the maximum contribution and then we will set one up for his wife
Where is a good place to start Would you recommend a basket of ETF's or buying individual stocks His investment horizon is 20 to 25 years
Which are your preferred ETF'S or your 6 equities
Thank you very mucb
Paul
He has very little investment knowledge
He has about $ 200,000 to invest We are going to start with his TSFA and make the maximum contribution and then we will set one up for his wife
Where is a good place to start Would you recommend a basket of ETF's or buying individual stocks His investment horizon is 20 to 25 years
Which are your preferred ETF'S or your 6 equities
Thank you very mucb
Paul