Q: I am helping to invest money for my thirty-year-old daughter into her TFSA and RRSP accounts. These investments should be considered as retirement assets so there is a very long time frame here. I am wondering between choosing RRX and VET for part of her energy portion (WCP will likely form the other half of her investment in this sector). Personally, I like the dividend and outlook that VET brings but being older, I am prone to viewing things from a more conservative perspective. However, would RRX have more potential to provide the longer term gains she is looking for?
Appreciate your insight.
Paul F.
Appreciate your insight.
Paul F.