How about this for a plan for my wife (29) and I (33) for our self-funded retirements? Our only current investments are about $110,000 in mutual funds held through our RRSP's and TFSA's.
1. With our current $110,000, purchase through TDW:
a.
35% XIU - MER 0.17
5% XCS - MER 0.55
25% XSP - MER 0.24
5% XSU - MER 0.35
25% XIN - MER 0.49
5% CBQ - MER 0.60 (or use CWO? - MER 0.65)
Combined MER 0.32 I think?
OR
b.
40% XIU - MER 0.17
30% XSP - MER 0.24
25% XIN - MER 0.49
5% CBQ - MER 0.60 (or use CWO? - MER 0.65)
Combined MER 0.29 I think?
2. For our ongoing monthly contributions of $2,200 purchase:
40% TD eCI - MER 0.31
30% TD eUSI - MER 0.33
30% TD eII - MER 0.48
Combined MER 0.367 I think?
3. Transfer money from TD efunds to ETF's and rebalance once yearly plus top up our TFSA's.
Does this seem a reasonable approach to diversification and minimum fees for maximum growth given our long time horizon and high tolerance for volatility?
I'm not clear on how the 90 day penalty works for withdrawing from the TD efunds and how this might impact my plan. Any clarification?
Also, I understand Claymore has a PAC system now. If I were to incorporate purchases of CBQ into my monthly contributions, how should I then adjust the relative percentages between it and the TD efunds listed above?
We have close to 100% equity in our house, and we're exploring real estate investment options such as MIC's, REIT's and revenue properties in order to diversify beyond the plan above.
Any specific or general comments?
Thanks very much!!
1. With our current $110,000, purchase through TDW:
a.
35% XIU - MER 0.17
5% XCS - MER 0.55
25% XSP - MER 0.24
5% XSU - MER 0.35
25% XIN - MER 0.49
5% CBQ - MER 0.60 (or use CWO? - MER 0.65)
Combined MER 0.32 I think?
OR
b.
40% XIU - MER 0.17
30% XSP - MER 0.24
25% XIN - MER 0.49
5% CBQ - MER 0.60 (or use CWO? - MER 0.65)
Combined MER 0.29 I think?
2. For our ongoing monthly contributions of $2,200 purchase:
40% TD eCI - MER 0.31
30% TD eUSI - MER 0.33
30% TD eII - MER 0.48
Combined MER 0.367 I think?
3. Transfer money from TD efunds to ETF's and rebalance once yearly plus top up our TFSA's.
Does this seem a reasonable approach to diversification and minimum fees for maximum growth given our long time horizon and high tolerance for volatility?
I'm not clear on how the 90 day penalty works for withdrawing from the TD efunds and how this might impact my plan. Any clarification?
Also, I understand Claymore has a PAC system now. If I were to incorporate purchases of CBQ into my monthly contributions, how should I then adjust the relative percentages between it and the TD efunds listed above?
We have close to 100% equity in our house, and we're exploring real estate investment options such as MIC's, REIT's and revenue properties in order to diversify beyond the plan above.
Any specific or general comments?
Thanks very much!!