12 Feb 2013 13 Comments
The market rally since the beginning of the year has been great for my overall portfolio value, but a bit crappy because I want to make some purchases. I know, I know, I shouldn’t be timing the market. I transferred a chunk of my savings over into my investment account for my TFSA contribution and to increase my investment account balance as well, and I will make purchases throughout the year.
Questrade announced in January that their ETF purchases are now free for their clients; I wonder when RBC will follow suit. I can dream, can’t I?
So this is what my investment portfolio currently looks like:
TFSA – Stocks (CRS, SLF), ETFs (VTI, XSB, XBB)
RRSP – ETFs (XBB, XSP, XIN, VEU, VTI)
Non-registered investment account – ETFs (XIC)
My target allocation is:
Canadian equities: 30%
US equities: 25%
International equities: 25%
Canadian bonds: 20%
My current allocation is:
Canadian equities: 28%
US equities: 21%
International equities: 19%
Canadian bonds: 18%
- My investment income is automatically set to reinvest in more shares, except for the Vanguard ones because RBC does not offer DRIP for them. In January, that resulted in 7 more shares of XIC, 2 more shares of SLF, 3 more shares of XSP, and 2 more shares of XBB for me. Nothing beats free stuff!
- I moved my SLF shares from my investment account to my TFSA account which will affect my TFSA contribution for the year.
How did your January end up? Did you make any moves in your own portfolio?
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Thanks for reading!