Vangard VBAL/VRGO Question
EDIT2: I have changed the title of the thread since I didn't want to create a new thread but the main question has changed.
Currently, VBAL, VGRO are roughly similar to CCP counter part in terms of percentage of CAN/US/INT equity.
Also, I would assume they will stick with the overall Bond/Equity ratio (40/60 for VBAL, 20/80 for VGRO).
However, Vangard could decide to change the CAN/US/INT equity ratio as they want.
Usually how drastic does the ratio change for this type of ETFs? I understand what happens generally doesn't mean it will apply to this particular ETFs but just as a benchmark.
I like the idea of VBAl/VGRO since it is close enough to CCP modal that I was going to use anyway, but unsure if it will be similar to CCP in the long term.
Old questions
I need some advice on my TFSA MF plan.
I posted this on TD-e-series thread as well but it's a big thread (on page 20 of 254) and not very active lately.
- First time TFSA
- I already have checking account with TD
- I have looked at Tangerine and TD-e series and leaning towards TD-e series for low MER
- Thinking about starting with $15k+ and will contribute monthly (haven't decided if I want to do this automatically or manually)
- Will start with 4 standard categories of the Couch Potato modal (haven't decided on the exact % on each categories yet)
- Leaning towards opening TD DI over TDCT MF account, since the process of creating these account takes time and in case I want to invest in something other than MF later on. It looks like TD DI can do everything TDCT MF account can do and more. Just have fee that could be waived by having $15K+ in investment.
Actual steps
1. Create request to open TD DI account online through EasyWeb since I already have access.
2. EDIT: Not needed, just to transfer from checking Add TD DI account on my bill payment from TD checking, transfer initial $15K+.
3. Buy e-series funds from TD DI once the cash arrives.
4. Repeat step 2-3 manually (could change step 2 to auto using SIP)
5. Re balance my investment periodically with new buys unless the ratio difference is too large to cover with new buys. Than sell and buy.
Please let me know if you think my plan sounds reasonable and if I am missing any steps.
Any suggestion/feedback is welcomed.
Thanks in advance.
Currently, VBAL, VGRO are roughly similar to CCP counter part in terms of percentage of CAN/US/INT equity.
Also, I would assume they will stick with the overall Bond/Equity ratio (40/60 for VBAL, 20/80 for VGRO).
However, Vangard could decide to change the CAN/US/INT equity ratio as they want.
Usually how drastic does the ratio change for this type of ETFs? I understand what happens generally doesn't mean it will apply to this particular ETFs but just as a benchmark.
I like the idea of VBAl/VGRO since it is close enough to CCP modal that I was going to use anyway, but unsure if it will be similar to CCP in the long term.
Old questions
I need some advice on my TFSA MF plan.
I posted this on TD-e-series thread as well but it's a big thread (on page 20 of 254) and not very active lately.
- First time TFSA
- I already have checking account with TD
- I have looked at Tangerine and TD-e series and leaning towards TD-e series for low MER
- Thinking about starting with $15k+ and will contribute monthly (haven't decided if I want to do this automatically or manually)
- Will start with 4 standard categories of the Couch Potato modal (haven't decided on the exact % on each categories yet)
- Leaning towards opening TD DI over TDCT MF account, since the process of creating these account takes time and in case I want to invest in something other than MF later on. It looks like TD DI can do everything TDCT MF account can do and more. Just have fee that could be waived by having $15K+ in investment.
Actual steps
1. Create request to open TD DI account online through EasyWeb since I already have access.
2. EDIT: Not needed, just to transfer from checking Add TD DI account on my bill payment from TD checking, transfer initial $15K+.
3. Buy e-series funds from TD DI once the cash arrives.
4. Repeat step 2-3 manually (could change step 2 to auto using SIP)
5. Re balance my investment periodically with new buys unless the ratio difference is too large to cover with new buys. Than sell and buy.
Please let me know if you think my plan sounds reasonable and if I am missing any steps.
Any suggestion/feedback is welcomed.
Thanks in advance.
Last edited by last_sd on Jul 19th, 2018 9:59 am, edited 5 times in total.