Hi yall, now that January is closer, we can contribute more to our TFSA. The annual contribution limit for 2025 is $7,000, confirmed by the CRA. With a new contribution room available, where will you be investing your money? My TFSA journey began a couple of years ago, thanks to a chat with some buddys who were totally hyped about its perks. At first, I was like, "Yeah, right?" but my curiosity got the best of me and I dove in....
Bravo Jordan
WeedStreet
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You can set up recurring payments in the moomoo to buy ETFs. The moo-moo will withdraw money from your account and buy it automatically.
WeedStreet
Lauren_investement
OP
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What I want to do is deposit $200 monthly into my TFSA and at the same time buy max XEQT with it. should i just cancel the auto deposit of $200 and then under automations turn on recurring investments for $200 every month?
Compare the NAV of ZWC and VDY since 2017 inception. ZWC share price down about 11% while VDY is up about 40%. Compare the actual payouts. ZWC has been between 0.10 and 0.11 monthly since 2017, so it is basically flat since inception. VDY total year div for 2017 was about $1.19 and in 2024 will be around $2.20 to $2.30. So getting close to doubling the dividend over those 7 years. VDY has some extra risk because it is more concentrated, but it also has a much better total r...
So I got into a back and forth with someone this afternoon about performance of Canadian equities market being abysmal under Trudeau. We also hear this a lot in general putting politics aside that Canadian equities are underperforming. So here are some stats using ETFs that Vanguard has put together since JT took office and over the last 5 years. Granted - very obviously - that weighting matters but as Canadians these are the easily accessible ...
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Some good observations. Especially the point about the performance from the US market if you remove the Mag 7. Thanks.
The Bank of Canada has consecutively lowered its interest rate by 25 basis points to 4.25% for the third month in a row, aligning with market expectations. This marks the third rate cut since the initial reduction in June, driven primarily by sluggish economic growth, a high unemployment rate, and easing inflationary pressures. Inflation levels and employment figures are the key data points closely monitored by the...
Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry. Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry.
WeedStreet : best way to automate buying ETF's and contributing to TFSA?
DanDha : Great read, thanks!!!!
Lauren_investement OP WeedStreet : You can automate inside the tfsa account in moomoo.
Bravo Jordan WeedStreet : You can set up recurring payments in the moomoo to buy ETFs. The moo-moo will withdraw money from your account and buy it automatically.
WeedStreet Lauren_investement OP : What I want to do is deposit $200 monthly into my TFSA and at the same time buy max XEQT with it. should i just cancel the auto deposit of $200 and then under automations turn on recurring investments for $200 every month?
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