I am Canadian and am just about to press buy on wealth simple (trade platform). I have no interest in bonds as I am young and interest rates are pretty low. I plan to hold these for the long haul in a tfsa. I'm thinking XUU because it covers most of US, XIC as it covers most of Canada were there will be no witholding tax. I chose these because they have the lowest MERs and contain many holdings. I plan to do half US, the then a quarter for each Canada & international.
I am a little uncertain about XEF as it is covers international stocks for better diversification, but it's return is generally less and has a MER 3x the other ones (0.22%). Do you think this is needed?
I would love to hear what you guys think?
Submitted January 19, 2021 at 08:39PM by Littleupsidedown https://ift.tt/3iq72Mo
