Hi all,
Let's assume you have a fairly simple investment account structure such as an RRSP account, non-registered investment account, and TFSA.
Now, do you decide on one target asset allocation per account type (one type being retirement accounts, another type being non-retirement ones), or do you choose a single asset allocation target that would encompass all your accounts? If you choose one single asset allocation target, then how do you apply it to all your accounts?
I'll use the example of the Classic Couch Potato allocation:
Canadian equities 33%
US equities 33%
Canadian bonds 33%
If this is your single asset allocation for all your accounts, then do you aim to ensure that:
- RRSP account meets the allocation (33%, 33%, 33%)
- Investment + TFSA combined meets the allocation (33%, 33%, 33%)
Or do you choose different allocation targets, for example:
- RRSP = allocation 1
- Investment = allocation 2
Thanks for your help.
Let's assume you have a fairly simple investment account structure such as an RRSP account, non-registered investment account, and TFSA.
Now, do you decide on one target asset allocation per account type (one type being retirement accounts, another type being non-retirement ones), or do you choose a single asset allocation target that would encompass all your accounts? If you choose one single asset allocation target, then how do you apply it to all your accounts?
I'll use the example of the Classic Couch Potato allocation:
Canadian equities 33%
US equities 33%
Canadian bonds 33%
If this is your single asset allocation for all your accounts, then do you aim to ensure that:
- RRSP account meets the allocation (33%, 33%, 33%)
- Investment + TFSA combined meets the allocation (33%, 33%, 33%)
Or do you choose different allocation targets, for example:
- RRSP = allocation 1
- Investment = allocation 2
Thanks for your help.