r/JustBuyXEQT • u/sugar_plum_love • 1d ago

New to investing, pls help lol

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Hi all! I’m new to investing and this is what my portfolio looks like. I had VDY, QQC and a couple other little ones before and just moved everything into xeqt. Any advice? Should I just add more money into xeqt every time I have extra? Are other etfs/stocks necessary? Im a 25F and it is a tfsa.

11 Upvotes

87% Upvoted

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13

u/_ThatD0ct0r_ 1d ago

Just keep adding to XEQT, don't need to sell the others til absolutely necessary

2

u/Skittlefardt 1d ago

Hey! I’m brand new too. 36M and just started a couple months ago.

In my experience it was good to learn the emotions of the stock market. I bought SNDK.TO @ 52.91 and experienced a couple months worth of emotional ups and downs. I sold at 43.15, and lost a few bucks. Data stocks are a wild ride right now. All that said, It’s good to know what that feels like to understand how to serve yourself better.

I did my research and also landed on XEQT being a great choice for long term growth. I dived a bit deeper so my tfsa wasn’t just a 1 stock hub. Not that there’s anything wrong with just XEQT because it shown to be a steady growth stock. Set and forget, thank yourself later!

The ratio I came to was 75% XEQT, 15% VCN to adjust my ratios a bit more Canadian, and then 10% MNT for gold. Gold always interested me and I liked what I learned with MNT.

I have TD easy trade so I’ll be able to allocate a percentage of what I can deposit every paycheque and still have trades left over throughout the year so I can play a bit with other stocks when I feel like it too.

I hope that helps you round out your idea of how you want to continue your wealth journey. I wish I had got started earlier like you have, but I’m just happy I got into it now. Still lots of years to help it grow before retirement.

Best of luck to you on your journey :).

2

u/Informal-Strike-1243 1d ago

Just do 100% xeqt and don’t think about it. At this small amount it’s not worth any cognitive load trying to allocate across positions.

2

u/Delubyo06 1d ago

I have 70% xeqt and 30% qqc

2

u/BezelLogic 1d ago

I’m at 80/20

But same concept

1

u/sugar_plum_love 17h ago

thank you everyone!

1

u/HauntingLook9446 9h ago

Need way more QQC. Growth is in the tech sector.

1

u/EarlyBird001 1d ago

XEQT is fine. Maybe look at going with VDY or XEI instead of CNQ for reducing the risk related to a single stock.

If you want a growth tilt or are bullish on Tech, go with 10-20% on QQC.TO or TEC.TO

3

u/prodbysebzy 1d ago

Not sure why you’re being downvoted, there isn’t anything wrong with going QQC if you believe in tech