Investing

If you could invest in only 1 ETF,, what would it be and why?

  • Last Updated:
  • Jun 30th, 2020 10:05 am
Jr. Member
Jun 2, 2020
171 posts
116 upvotes
V5y1v1
JimboD wrote: Looking for one for an RESP account. Kiddo is only 2 months, so got a long time to go. I was thinking VGRO? Suggestions?
Congrats on the kid. I'm in the same spot myself (7 mo). I decided to set up a DRIP and go with VGRO for the first few years. Assuming interest rates increase I will then buy a combination of VBAL and VCNS gradually over time to up the % bonds. If the rates don't increase then I'll likely just keep with VGRO.
Deal Addict
User avatar
Jun 15, 2012
1050 posts
238 upvotes
Toronto
Bubblegum86 wrote: Yes, also best to do in an RRSP Account, here is why:

In an RRSP, using US-listed ETFs for foreign equity holdings can bring a significant tax advantage. That’s because these securities are exempt from the usual 15% withholding tax on dividends imposed by the US government.

https://www.pwlcapital.com/wp-content/u ... linked.pdf
Is there a Canadian equivalent , where I wouldn’t have to exchange my money?

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