Starting Non-Reg Portfolio Advice
Background: RRSP's/TFSA's for both of us maxed using ETF's following a 70:30/80:20 allocation and broad market coverage.
We'll be mortgage-free in a month so the plan is starting the non-reg account with 100k from the HELOC.
We both have DB pensions. We are both in the same tax bracket so will be splitting it 50:50. Timeline: ~20-30 years.
I don't have a tonne of time to manage things so I'm looking for simple. I'm still debating allocation but am leaning towards 90:10 or 100% equities since our pensions could be considered as a "safe" bond allocation.
I have two current thoughts:
1) XGRO or VGRO MER ~0.20%
2) ZDB/VCN/XAW (10%/25%/65%) MER 0.17%
I am fully aware of how to track ACB, though I haven't had to do it yet.
Am I missing anything obvious here?
Thanks for any advice/feedback.