how do I do this while living in canada? what's the canadian / quebec equivalent?
also, is it worthy to follow that strategy with windfall money, or only with long-term savings?
Google "Canada Pension Plan"
401k and IRA are roughly the same as RRSP and TFSA, respectively. Fill up your non-taxable accounts first. For the index funds, same goes, just use domestic (Canadian) and international. TD has index funds, or you can buy ETFs. Probably not a great idea to go equally into each, vary up the stocks:bonds depending on your age, and make maybe a third (at most) of your stocks domestic.
Should work out for either case, unless you've got a really huge windfall and you know you can do something better/more stable with it.
>>1375305
not op, but in the same boat, right now i have an RRSP/TFSA, 2k/5k in each.
both are in the "TD Comfort Balanced Portfolio" i have no clue if this is the best spot to have both of them, this was just the account that was suggested to me when i was opening them up.
i know im basically asking to be spoonfed but do you know which accounts are the best/if i should change where the money is at the moment
