Opinions? TFSA savings Vs TFSA mutual fund couch potato style
I now have 50% of my TFSA in a TD waterhouse e-series mutual funds in a couch potato portfolio and another 40% in my TFSA, just savings with TD (in case I have to withdraw from waterhouse then it is free to withdraw to TD TFSA savings).
Given that:
1) I do not need the money anytime soon but I would like to leave some liquidity.
2) not really a high risk taker (no trading from TFSA; for example with questrade)
Come next year,
a) Should I keep this ratio?
b) concentrate all TFSA funds into one account (be it mutual funds or savings account)
I keep going back and forth in my decision and could not come to a conclusion. I would go for mutual funds but so far I am at a loss of $300 or so out of 10k. And that is holding me back a little. Your opinions are much appreciated.
Given that:
1) I do not need the money anytime soon but I would like to leave some liquidity.
2) not really a high risk taker (no trading from TFSA; for example with questrade)
Come next year,
a) Should I keep this ratio?
b) concentrate all TFSA funds into one account (be it mutual funds or savings account)
I keep going back and forth in my decision and could not come to a conclusion. I would go for mutual funds but so far I am at a loss of $300 or so out of 10k. And that is holding me back a little. Your opinions are much appreciated.