Young investor needs to stop reacting to market swings
Add to ...
This week's patient wonders if her portfolio meets her goals of having kids in the next two years, as well as buying a home and saving for retirement. The Globe's personal finance columnist Rob Carrick and investment adviser at Scotia McLeod Andrew Pyle take a look
The Guesswork portfolio
The Question: Will my portfolio meet my goals of having kids in the next two years, as well as buying a home and saving for retirement?
Assessment: Great job of saving for a young adult, but the portfolio needs some exposure to bonds and less buying and selling in reaction to market ups and downs.
Annual Income: $72,000
Level of investment knowledge: modest
Size of portfolio: $140,000
Asset Mix (RRSP, TFSA, unregistered savings):
Broad-based equity funds 47%
Sector funds or stocks 14%
- TD Canadian Equity Fund
- Savings accounts used to hold cash
- Vanguard Total Stock Market ETF
- iShares S&P/TSX Energy Index ETF
- Royal Bank of Canada common shares
- PowerShares FTSE RAFE US 1000 Portfolio
- Vanguard Emerging Markets ETF