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