$40k US to invest.
Novice investor here. I have $40K US to invest. Any advice on where to start? I am with TD and have a self directed USD TFSA and RSP set up.
$40k US to invest.
- Last Updated:
- Mar 30th, 2022 10:30 am
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- SCORE-1
- thisischris [OP]
- Sr. Member
- Jun 10, 2008
- 509 posts
- 392 upvotes
- Halton Hills
9 replies
- faken
- Deal Guru
-
- Sep 21, 2007
- 11781 posts
- 10176 upvotes
- Winnipeg
SPY and then just leave it for 10+ yrs.
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
- jerryhung
- Deal Expert
-
- Sep 19, 2004
- 26211 posts
- 8382 upvotes
- where I belong
I'd say
$20K SPY (-12% off high's)
$20K QQQ (-20% off highs)
buy in batches too, like $5K each or $10K each buy
$20K SPY (-12% off high's)
$20K QQQ (-20% off highs)
buy in batches too, like $5K each or $10K each buy
Which Credit Cards to sign up? >> Jerry's Mega Thread of Credit Cards Q&A
- will888
- Deal Expert
-
- Dec 12, 2009
- 26073 posts
- 16045 upvotes
- Toronto
Varying proportions of SPY and QQQ depending on risk tolerance. Buy half before the FOMC meeting and half after Q1 earnings release. How is this for DCA and market timing strategy.
Public Mobile $40/15GB, $35/20GB, lot less with rewards
Tangerine Bank, EQ Bank, Simplii
- BernBern21
- Sr. Member
-
- Jan 18, 2022
- 630 posts
- 1177 upvotes
- Ontario
BRK.B
I know it's not sexy but you can't go wrong, especially during a bear market.
I know it's not sexy but you can't go wrong, especially during a bear market.
.
- bigblue1ca
- Sr. Member
- Sep 28, 2011
- 806 posts
- 1458 upvotes
- Winnipeg
$5k - GOOGL
$5k - MSFT
$5k - UNH
$5k - ABBV
$5k - COST
$5k - LOW
$5k - SHW
$5k - SPGI
These are worth a look, they're not overly correlated either. Past performance is not indicative of future returns obviously. That said most of these companies have a long history of success and of paying out dividends. And imo, they have a decent future, given the areas they cover aren't going anywhere.
$5k - MSFT
$5k - UNH
$5k - ABBV
$5k - COST
$5k - LOW
$5k - SHW
$5k - SPGI
These are worth a look, they're not overly correlated either. Past performance is not indicative of future returns obviously. That said most of these companies have a long history of success and of paying out dividends. And imo, they have a decent future, given the areas they cover aren't going anywhere.
- thisischris [OP]
- Sr. Member
- Jun 10, 2008
- 509 posts
- 392 upvotes
- Halton Hills
Thanks for the tips. I'm going to do some Google research.
- badmus
- Deal Fanatic
- Jul 12, 2008
- 5571 posts
- 1819 upvotes
- GTA
Newbie or casual investor
- Coach potato like strategy of buying 3 to 4 indexes
Savvy or know something investor
- Focus investing (buy 10 to 15 strong companies)
- Dividend investing ( only companies that pay dividends, target average yield of between 3 to 5%)
Minimize fees, interest and taxes
- Coach potato like strategy of buying 3 to 4 indexes
Savvy or know something investor
- Focus investing (buy 10 to 15 strong companies)
- Dividend investing ( only companies that pay dividends, target average yield of between 3 to 5%)
Minimize fees, interest and taxes
- performance
- Member
- Oct 31, 2006
- 294 posts
- 151 upvotes
all in for TSLA. watch it grow 50% each year.
- teckie99
- Newbie
- Jul 6, 2016
- 37 posts
- 19 upvotes
Since you are a new investor. Please go down the passive investing route. I would suggest just go with Vanguard Total Stock Market ETF (VTI) & set and forget it.
If you want more international diversification then you can try:
Vanguard Total Stock Market ETF (VTI) --> 70% [of the portfolio]
Vanguard FTSE Developed Markets ETF (VEA) --> 30%
If you want more international diversification then you can try:
Vanguard Total Stock Market ETF (VTI) --> 70% [of the portfolio]
Vanguard FTSE Developed Markets ETF (VEA) --> 30%
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