Beginner Investor in Canada

I’m a relatively new investor and would appreciate some guidance on optimizing my portfolio for long-term growth.

Here’s my current financial situation:

Age: 29 years old
Annual Salary: CAD $70,000
Debt: None
Emergency Savings: CAD $15,000
Investments:
CAD $49,500 in VEQT within my TFSA (lump sum) -Average price $56 CAD
CAD $5,000 in VFV in a cash/unregistered account - Average price $180 CAD

My primary objective is to maximize long-term returns while maintaining a sensible investment strategy.

Given my current portfolio and financial position, what additional steps would you recommend? Should I consider diversifying further, increasing exposure to U.S. equities, contributing to an RRSP, or exploring other investment options?

I would greatly appreciate any insights or suggestions.
Thank you in advance.

Posted Jun 17, 2026, 6:29 PM UTC

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