TD
Toronto Dominion Bank
stock NYSE

TD is solid too honestly. My day to day bank.

With the IV actually looking decent, plus all the tariff drama and trade theater between Donny and Carney right now, I feel like riding with them can be good bet.
Plus TD bank reports same day - our American trash bank!
Like calling my name lol

TD bank burnt down their whole ass document storage facility before their money laundering thing happened, and blamed it on upwards falling ladders that knocked out the fire suppression system. I can't wait to see what America comes up with next.

Credo makes Active Electrical Cables, distinctive purple cables that connect servers to networking switches inside AI data centers. The pitch is straightforward: AECs take up 75% less space than traditional direct attach copper cables and use about 50% less power than active optical alternatives. In a data center where every rack unit and every watt matters, that difference is meaningful enough that hyperscalers have adopted the product aggressively.
The growth has been genuinely extreme. Fiscal 2026 revenue more than tripled to $1.34 billion from $436.8 million the year before. Non-GAAP net income increased more than five times to $662 million. Q4 alone came in at $437 million, up 157% year over year, with GAAP gross margin at 68.2%. Management guided Q1 fiscal 2027 to $465-475 million, implying the ramp keeps going, and has talked about optics alone contributing over $600 million in fiscal 2027 as the product line expands beyond copper cables into optical transceivers, retimers, and DSPs.
Here's the real risk sitting underneath all of it. Roughly 90% of fiscal 2026 revenue came from the top 10 customers. Credo also relies exclusively on TSMC for wafers plus a small handful of Asian assembly and cable manufacturing partners. That's an extreme concentration on both the demand and supply side simultaneously. If one major hyperscaler slows its AI buildout or shifts to a competing connectivity approach, the impact on Credo's revenue would be immediate and large, and there's very little diversification to cushion it.
The stock trades at a trailing P/E near 95x, which only makes sense if the current growth rate, or something close to it, continues for several more years. It's already up over 65% year to date after a 78% run in a recent three-month stretch, and multiple analysts including Mizuho, BofA, and TD Cowen have raised price targets, with a street-high around $300, while some bear cases put fair value closer to $172 if the multiple compresses.
[Credo](https://www.stoxcraft.com/stocks/crdo) is a genuine technical leader in a real, growing niche of AI infrastructure. It's also about as customer-concentrated as a company can get while still being this large. Anyone holding through the concentration risk here?

📸 Proof : [https://coindex.app/a/mwOGUz](https://coindex.app/a/mwOGUz) 📸 
Comment below then send me a message to grab an item. I will never send you a chat first! Be vigilant for imposters out there.
🔔 I will update the post with sold items as they sell. If large swings in spot pricing will be updated. 🔔
.
.
# ——— GOLD 🥇 ———
📍[2026 1/10 oz Gold American Eagle $5 NGC MS69 Red Book Label US Mint Coin](https://coindex.app/a/NRcjcA) \- $490
📍[2022 Majestic Polar Bear 1/10 oz .9999 Fine Gold $5 Canada Coin OGP 5000 Mintage](https://coindex.app/a/zvZY5X) \- $480
📍[2017 1/10 Gold Maple .9999 Fine (Small Scratch)](https://coindex.app/a/7ryg91) \- $470
📍[2026 TD Mint Rocket Launch 1/10 oz Fine Gold Bar LuckyRips Carded Assay #081](https://coindex.app/a/rE97J8)\- $470
📍[2016 China 10 Yuan Gold Panda 1 Gram .999 Fine Gold NGC MS70](https://coindex.app/a/Lwjdfd) \- $214 
📍Karatbars 1g Gold Bar .9999 Fine Pure Bullion Nadir Assay Card World Map - $160
.
.
# ——— Silver  ———
📍(20 Available) 1 Oz American Silver Eagles (Non Culls)  - $70 Each
📍[2001 $1 American Silver Eagle 1 oz Fine Silver Coin Double Sided Colorized ASE](https://coindex.app/a/sIiUoO) \- $70
📍[2006 American Silver Eagle PCGS MS69 First Strike 1 oz .999 Fine Silver](https://coindex.app/a/pdiJVp) \- $74
📍[2001 $5 Canada Maple Leaf 1 oz .9999 Fine Silver Bullion Coin RCM](https://coindex.app/a/tUS2ml) \- $70
📍[2014 Canada $2 First Special Service Force 1/2 oz .9999 Fine Silver Coin BU](https://coindex.app/a/1G9Hfv) \- $35
📍[10 oz Silver Bar E Pluribus Unum Lady Liberty .999 Sealed](https://coindex.app/a/SCsSJS) \- $720
.
.
# ——— 90% Constitutional Silver Priced At 44X Face  ———
📍( 49  Available) Silver Roosevelt Dime 
📍( 1  Available) Mercury Dime
📍( 3  Available) Silver Washington Quarter
📍( 12  Available) Walking Liberty Half Dollar
📍( 14  Available) Franklin Half Dollar
📍( 7  Available) 1964 90% Kennedy Half Dollar

.
.
# ———— DETAILS 📝 ————
💰 Payments Accepted:
• Zelle preferred & Venmo 
• PayPal case by case (FF, No Notes)
.
📬 Shipping: 
• USPS Ground $6 
• Priority $11
• Fully insured USPS registered mail at cost. 
• Signature available at buyers expense.
.
📋 Details:  
• No minimum order size! 
• All items have been verified with a Sigma Metalytics Precious Metal Verifier.
• Pricing is valid for day of posting, after that pricing is subject to change. If there is a large move in spot I will adjust pricing.
• Comment BIN AND send a chat, and it’s yours as long as it’s not pending already.
Check out my feedback: [HERE ](https://www.reddit.com/r/pmsfeedback/search/?q=%22Rthumphreys%22&restrict_sr=on&sort=new&t=all)

Hey everyone,
I'm 22 and just starting to learn about investing. I recently opened a TFSA and RRSP, and I currently have around $15k in my FHSA through TD. I also have about $50k sitting in my chequing account, and I'd like to start by investing around $20k of it.
My cousin is the one who got me interested in investing and advised me to make the majority of my investments U.S.-based, since he believes the U.S. economy is stronger and offers better long-term growth opportunities than Canada. My initial thought was therefore to have most of my portfolio in U.S. ETFs/stocks while still having some Canadian/global exposure, possibly through something like XEQT.
For Canadian ETFs/stocks, I was planning to use Wealthsimple and set up automatic recurring investments/DCA.
For U.S. ETFs/stocks, my plan was to use TD Direct Investing, transfer lump sums over, and use Norbert's Gambit to convert CAD to USD and avoid the usual FX fees.
The reason I'm thinking of doing this differently is that every time I want to contribute to my U.S. investments, I'd essentially have to convert a larger amount of CAD to USD because of the FX issue/Norbert's Gambit. So rather than being able to DCA into my U.S. investments every paycheque like I could with my Canadian investments through Wealthsimple, my U.S. contributions would probably be larger lump-sum investments less frequently.
Eventually, I also plan to make my FHSA self-directed and invest that money myself. I don't expect to buy a house for at least 10-15 years, which is why I haven't prioritized maxing out my FHSA yet.
I'm completely new to this, so I want to make sure I'm not overcomplicating things or making unnecessary mistakes.
My main questions are:
1. **What would you invest the initial $20k in, and roughly how would you allocate it?**
2. **Does my idea of favouring U.S. investments make sense, or would something like XEQT alone already give me enough U.S. exposure?**
3. **Out of my TFSA, RRSP, and eventually self-directed FHSA, which accounts would you prioritize for holding my investments, and what types of investments would you put in each?**
4. **Does my plan of using Wealthsimple for Canadian investments/DCA and TD + Norbert's Gambit for U.S. investments make sense, especially if my U.S. contributions will have to be larger lump sums rather than regular DCA?**
I'm investing for the long term and not looking to day trade or get rich quickly. I just want to build a solid portfolio while I'm young and get started the right way.
Would really appreciate any advice!

HSBC would be a good guess. BoC would be hilarious. TD would make everyone here lose their fucking minds. 🤣 

Raymond James upgraded Advanced Micro Devices ([NASDAQ:AMD](https://www.investing.com/equities/adv-micro-device)) to Strong Buy from Outperform on Tuesday and raised its price target to $641 from $565.
The firm extended its AI Factory framework to the server CPU market and forecasts revenue growing at a 44% five-year compound annual growth rate to approximately $201 billion in calendar year 2030. The growth is driven by conventional datacenter demand, CPUs that host and coordinate accelerators, and CPUs supporting agentic workloads.
Raymond James extended its model through calendar year 2028 and updated estimates for Arm, Intel and NVIDIA. The forecast is broadly consistent with NVIDIA’s $200 billion long-term framework and below AMD’s $220 billion estimate.
The firm stated that accelerators perform dense model computation, while CPUs increasingly manage those accelerators and execute the retrieval, database, application, security, sandbox and tool workloads surrounding each model call. Workload growth will not translate one-for-one into processor shipments because higher utilization, software efficiency, custom silicon and offload can absorb part of the increase.
Raymond James said AMD offers the strongest combination of direct earnings leverage, datacenter positioning and market-share gains among the companies it covers in the sector.
In other recent news, Advanced Micro Devices (AMD) reported second-quarter 2026 results that exceeded expectations in both revenue and earnings. Notably, the company’s Data Center revenue increased by 107% year-over-year and 16% sequentially, according to DA Davidson, which subsequently raised its price target for AMD to $550 while maintaining a Buy rating. BMO Capital initiated coverage of AMD with an outperform rating, highlighting the company’s potential as a comprehensive AI infrastructure provider. Additionally, Phillip Securities reiterated a Buy rating for AMD, though it lowered its fiscal 2026 profit forecast by 8% due to anticipated downturns in the client and gaming segments. Benchmark also maintained its Buy rating, despite a recent post-earnings selloff that saw AMD shares drop by approximately 8%-9%. The firm attributed this reaction to heightened expectations following AMD’s Advancing AI event and Intel’s strong report. TD Cowen reiterated a Buy rating, citing a robust datacenter outlook for AMD. These developments underscore the varied analyst perspectives and ongoing interest in AMD’s performance and strategic direction.
[https://www.investing.com/news/analyst-ratings/raymond-james-upgrades-amd-stock-rating-on-ai-server-growth-outlook-93CH-4874651](https://www.investing.com/news/analyst-ratings/raymond-james-upgrades-amd-stock-rating-on-ai-server-growth-outlook-93CH-4874651)

Standard Chartered is multinational just like Coke to use your example their Pakistan retail business is subsidiary of UK business just like TD retail business in US is subsidiary of Canadian bank. 
Apple is American tech company but headquartered in little Ireland for tax purposes. 
I used to run online custom clothing business lived in NYC but business was registered as LLC in Delaware. My customers were all over the world from Brazil to Japan.

# Today is Tuesday, the 25th of August
## Upcoming events for Tuesday, August 25th
- Stock splits:
- GPUS @ **1:5**
- REAX @ **1:10**
- Expected earnings:
AAME, ALPS, AREC, AVXL, BMO, BNS, BOX, BRLS, BRTX, BZ, CDLR, CSHR, CTRN, DKS, EH, ELMD, ELME, FLYE, FORTY, FSCO, GGAL, GTEN, HEI, HEI.A, INTU, JOYY, MZTI, NCNO, NNOX, NOAH, QFIN, QMLS, SEGG, SHMD, SHPH, SLQT, SMTC, SNT, STRT, TOUR, UPXI, UUU, VIPS, ZENA, ZM
- Ex-div:
CDW, CRAI, MKSI, MNRO, PLUS, SATA, VINP
- Economic events and announcements:
- 3-Month Bill Auction (actual: 3.715%, previous: 3.715%)
- 6-Month Bill Auction (actual: 3.790%, previous: 3.780%)
- Chicago Fed National Activity (actual: -0.08, previous: 0.06)
## Upcoming events for Wednesday, August 26th
- Stock splits:
- BBKCF @ **1:7**
- VMAR @ **1:10**
- Expected earnings:
A, AACG, AEXA, ANAB, ANF, ATCH, BBWI, CLGN, CRM, CRWD, DCI, DOMO, DSC, DY, GAUZ, GURE, HDL, HPQ, HTT, JKS, KSS, KTCC, LANV, LI, LITB, LKSP, LTRX, MCFT, MOV, NBP, NTNX, NVDA, OKTA, OOMA, P, PAHC, PLAB, PTN, RYDE, SFL, SJ, SJM, SNPS, STDN, TCOM, TGS, TIGR, TRMD, URBN, VEEV, WSM, YB, ZH
- Ex-div:
RAND, SATA
- Economic events and announcements:
- 2-Year Note Auction (previous: 4.315%)
- ADP Employment Change Weekly (previous: 9.50K)
- API Weekly Crude Oil Stock (consensus: 1.900M, previous: -0.328M)
- Building Permits (consensus: 1.443M, previous: 1.374M)
- Building Permits (consensus: 5.0%, previous: -2.6%)
- CB Consumer Confidence (consensus: 90.3, previous: 90.8)
- FOMC Member Barkin Speaks
- FOMC Member Barkin Speaks
- House Price Index (consensus: 0.2%, previous: 0.3%)
- House Price Index (previous: 2.2%)
- House Price Index (previous: 442.4)
- M2 Money Supply (previous: 23.15T)
- New Home Sales (consensus: 620K, previous: 628K)
- New Home Sales (previous: 1.6%)
- Redbook (previous: 7.6%)
- Richmond Manufacturing Index (consensus: 6, previous: 5)
- Richmond Manufacturing Shipments (previous: 8)
- Richmond Services Index (previous: -3)
- S&P/CS HPI Composite - 20 n.s.a. (consensus: 1.8%, previous: 1.6%)
- S&P/CS HPI Composite - 20 n.s.a. (previous: 0.9%)
- S&P/CS HPI Composite - 20 s.a. (previous: 0.2%)
## Upcoming events for Thursday, August 27th
- Stock splits:
- GPMXY @ **100:100**
- Expected earnings:
ADSK, AFRM, ALAR, ATHE, BBAR, BBW, BBY, BILI, BLRX, BTTC, BURL, BZUN, CAN, CISS, CM, CMBT, CMMB, CSIQ, DG, DLTR, EONR, ESTC, FINV, GAP, GOTU, HMY, HQY, HRL, HUBG, IMRN, IPST, IREN, ITP, KEN, KOSS, LFVN, LOT, LUCK, MBUU, MRVL, MTLS, NAT, PD, PDCC, PURR, RBRK, REBN, RY, S, SMXT, SNYR, TD, TITN, TULP, ULTA, WDAY, YRD, YSG
- Ex-div:
EMBC, EXPE, KMDA, PSEC, SATA, SOLS
- Economic events and announcements:
- 5-Year Note Auction (previous: 4.408%)
- Atlanta Fed GDPNow (consensus: 4.0%, previous: 4.0%)
- Core Durable Goods Orders (consensus: 0.5%, previous: 0.6%)
- Core PCE Price Index (consensus: 0.2%, previous: 0.1%)
- Core PCE Price Index (consensus: 3.3%, previous: 3.3%)
- Core PCE Prices (consensus: 3.40%, previous: 4.40%)
- Corporate Profits (previous: 0.5%)
- Crude Oil Imports (previous: -1.754M)
- Crude Oil Inventories (previous: 4.405M)
- Cushing Crude Oil Inventories (previous: -1.314M)
- Dallas Fed PCE (previous: 1.40%)
- Distillate Fuel Production (previous: -0.054M)
- Durable Goods Orders (consensus: 0.5%, previous: 0.3%)
- Durables Excluding Defense (previous: 0.5%)
- EIA Refinery Crude Runs (previous: 0.216M)
- EIA Weekly Distillates Stocks (previous: -1.530M)
- EIA Weekly Refinery Utilization Rates (previous: 1.0%)
- FOMC Member Barkin Speaks
- GDP (consensus: 1.5%, previous: 2.1%)
- GDP Price Index (consensus: 6.3%, previous: 3.6%)
- GDP Sales (consensus: 2.2%, previous: 1.9%)
- Gasoline Inventories (previous: 0.688M)
- Gasoline Production (previous: 0.143M)
- Goods Orders Non Defense Ex Air (previous: 0.9%)
- Heating Oil Stockpiles (previous: -0.537M)
- MBA 30-Year Mortgage Rate (previous: 6.77%)
- MBA Mortgage Applications (previous: -0.4%)
- MBA Purchase Index (previous: 154.8)
- Mortgage Market Index (previous: 247.7)
- Mortgage Refinance Index (previous: 755.9)
- PCE Price index (previous: 3.7%)
- PCE Prices (consensus: 5.1%, previous: 4.6%)
- PCE price index (consensus: 0.1%, previous: -0.1%)
- Personal Income (consensus: 0.2%, previous: 0.2%)
- Personal Spending (consensus: 0.1%, previous: 0.3%)
- Real Consumer Spending (consensus: 3.2%, previous: 0.5%)
- Real Personal Consumption (previous: 0.4%)
## Upcoming events for Friday, August 28th
- Expected earnings:
BWLP, BXBL, CHA, FRO, GITS, HAFN, JFIN, LNAI, MNSO, NA, NB, PXS, ZONE
- Ex-div:
BANL, CATY, COLB, EBAY, FXNC, JAKK, MCHB, MLKN, PWP, SATA, TMUS, VISN
- Economic events and announcements:
- 4-Week Bill Auction (previous: 3.640%)
- 8-Week Bill Auction (previous: 3.655%)
- Continuing Jobless Claims (previous: 1,799K)
- Goods Trade Balance (consensus: -99.90B, previous: -101.41B)
- Initial Jobless Claims (consensus: 208K, previous: 206K)
- Jackson Hole Symposium
- Jobless Claims 4-Week Avg. (previous: 204.00K)
- KC Fed Composite Index (previous: 9)
- KC Fed Manufacturing Index (previous: 17)
- Natural Gas Storage (previous: 16B)
- Retail Inventories Ex Auto (previous: -0.4%)
- Wholesale Inventories (consensus: 0.2%, previous: 0.2%)
^^^^2026-08-25

Ich würde immer den am breitesten diversifizierten ETF bevorzugen, kostentechnisch noch vertretbar ist und seinen Index möglichst genau abbildet. Der Vanguard FTSE All-World hat eine hervorragende Tracking Difference (TD) von nahe 0% und ist schon sehr günstig, auch wenn jetzt ein paar noch günstigere ETFs verfügbar sind.
Lass die neuen ETFs doch erst einmal am Markt ankommen, guck dir nach zwei oder drei Jahren an, ob sie eine stabile TD haben und entscheide dann. Die Tracking Difference kann durchaus höher sein als die 0,07% TER-Unterschied zwischen dem Vanguard FTSE All-Cap und All-World.

>Standard Charted is UK like TD is Canadian but retail branches in Pakistan and US.
That headquarters in the UK makes them a developed market company, not frontier.

Standard Charted is UK like TD is Canadian but retail branches in Pakistan and US. I like them because they are Kit sponsor of my team Liverpool. My friend used to work from them in foreign currency desk. 

You can set TD bills up to automatically reinvest if u like before they mature, or even when u initiate the purchase.

TD is solid too honestly. My day to day bank.

With the IV actually looking decent, plus all the tariff drama and trade theater between Donny and Carney right now, I feel like riding with them can be good bet.
Plus TD bank reports same day - our American trash bank!
Like calling my name lol

TD bank burnt down their whole ass document storage facility before their money laundering thing happened, and blamed it on upwards falling ladders that knocked out the fire suppression system. I can't wait to see what America comes up with next.

Credo makes Active Electrical Cables, distinctive purple cables that connect servers to networking switches inside AI data centers. The pitch is straightforward: AECs take up 75% less space than traditional direct attach copper cables and use about 50% less power than active optical alternatives. In a data center where every rack unit and every watt matters, that difference is meaningful enough that hyperscalers have adopted the product aggressively.
The growth has been genuinely extreme. Fiscal 2026 revenue more than tripled to $1.34 billion from $436.8 million the year before. Non-GAAP net income increased more than five times to $662 million. Q4 alone came in at $437 million, up 157% year over year, with GAAP gross margin at 68.2%. Management guided Q1 fiscal 2027 to $465-475 million, implying the ramp keeps going, and has talked about optics alone contributing over $600 million in fiscal 2027 as the product line expands beyond copper cables into optical transceivers, retimers, and DSPs.
Here's the real risk sitting underneath all of it. Roughly 90% of fiscal 2026 revenue came from the top 10 customers. Credo also relies exclusively on TSMC for wafers plus a small handful of Asian assembly and cable manufacturing partners. That's an extreme concentration on both the demand and supply side simultaneously. If one major hyperscaler slows its AI buildout or shifts to a competing connectivity approach, the impact on Credo's revenue would be immediate and large, and there's very little diversification to cushion it.
The stock trades at a trailing P/E near 95x, which only makes sense if the current growth rate, or something close to it, continues for several more years. It's already up over 65% year to date after a 78% run in a recent three-month stretch, and multiple analysts including Mizuho, BofA, and TD Cowen have raised price targets, with a street-high around $300, while some bear cases put fair value closer to $172 if the multiple compresses.
[Credo](https://www.stoxcraft.com/stocks/crdo) is a genuine technical leader in a real, growing niche of AI infrastructure. It's also about as customer-concentrated as a company can get while still being this large. Anyone holding through the concentration risk here?

📸 Proof : [https://coindex.app/a/mwOGUz](https://coindex.app/a/mwOGUz) 📸 
Comment below then send me a message to grab an item. I will never send you a chat first! Be vigilant for imposters out there.
🔔 I will update the post with sold items as they sell. If large swings in spot pricing will be updated. 🔔
.
.
# ——— GOLD 🥇 ———
📍[2026 1/10 oz Gold American Eagle $5 NGC MS69 Red Book Label US Mint Coin](https://coindex.app/a/NRcjcA) \- $490
📍[2022 Majestic Polar Bear 1/10 oz .9999 Fine Gold $5 Canada Coin OGP 5000 Mintage](https://coindex.app/a/zvZY5X) \- $480
📍[2017 1/10 Gold Maple .9999 Fine (Small Scratch)](https://coindex.app/a/7ryg91) \- $470
📍[2026 TD Mint Rocket Launch 1/10 oz Fine Gold Bar LuckyRips Carded Assay #081](https://coindex.app/a/rE97J8)\- $470
📍[2016 China 10 Yuan Gold Panda 1 Gram .999 Fine Gold NGC MS70](https://coindex.app/a/Lwjdfd) \- $214 
📍Karatbars 1g Gold Bar .9999 Fine Pure Bullion Nadir Assay Card World Map - $160
.
.
# ——— Silver  ———
📍(20 Available) 1 Oz American Silver Eagles (Non Culls)  - $70 Each
📍[2001 $1 American Silver Eagle 1 oz Fine Silver Coin Double Sided Colorized ASE](https://coindex.app/a/sIiUoO) \- $70
📍[2006 American Silver Eagle PCGS MS69 First Strike 1 oz .999 Fine Silver](https://coindex.app/a/pdiJVp) \- $74
📍[2001 $5 Canada Maple Leaf 1 oz .9999 Fine Silver Bullion Coin RCM](https://coindex.app/a/tUS2ml) \- $70
📍[2014 Canada $2 First Special Service Force 1/2 oz .9999 Fine Silver Coin BU](https://coindex.app/a/1G9Hfv) \- $35
📍[10 oz Silver Bar E Pluribus Unum Lady Liberty .999 Sealed](https://coindex.app/a/SCsSJS) \- $720
.
.
# ——— 90% Constitutional Silver Priced At 44X Face  ———
📍( 49  Available) Silver Roosevelt Dime 
📍( 1  Available) Mercury Dime
📍( 3  Available) Silver Washington Quarter
📍( 12  Available) Walking Liberty Half Dollar
📍( 14  Available) Franklin Half Dollar
📍( 7  Available) 1964 90% Kennedy Half Dollar

.
.
# ———— DETAILS 📝 ————
💰 Payments Accepted:
• Zelle preferred & Venmo 
• PayPal case by case (FF, No Notes)
.
📬 Shipping: 
• USPS Ground $6 
• Priority $11
• Fully insured USPS registered mail at cost. 
• Signature available at buyers expense.
.
📋 Details:  
• No minimum order size! 
• All items have been verified with a Sigma Metalytics Precious Metal Verifier.
• Pricing is valid for day of posting, after that pricing is subject to change. If there is a large move in spot I will adjust pricing.
• Comment BIN AND send a chat, and it’s yours as long as it’s not pending already.
Check out my feedback: [HERE ](https://www.reddit.com/r/pmsfeedback/search/?q=%22Rthumphreys%22&restrict_sr=on&sort=new&t=all)

Hey everyone,
I'm 22 and just starting to learn about investing. I recently opened a TFSA and RRSP, and I currently have around $15k in my FHSA through TD. I also have about $50k sitting in my chequing account, and I'd like to start by investing around $20k of it.
My cousin is the one who got me interested in investing and advised me to make the majority of my investments U.S.-based, since he believes the U.S. economy is stronger and offers better long-term growth opportunities than Canada. My initial thought was therefore to have most of my portfolio in U.S. ETFs/stocks while still having some Canadian/global exposure, possibly through something like XEQT.
For Canadian ETFs/stocks, I was planning to use Wealthsimple and set up automatic recurring investments/DCA.
For U.S. ETFs/stocks, my plan was to use TD Direct Investing, transfer lump sums over, and use Norbert's Gambit to convert CAD to USD and avoid the usual FX fees.
The reason I'm thinking of doing this differently is that every time I want to contribute to my U.S. investments, I'd essentially have to convert a larger amount of CAD to USD because of the FX issue/Norbert's Gambit. So rather than being able to DCA into my U.S. investments every paycheque like I could with my Canadian investments through Wealthsimple, my U.S. contributions would probably be larger lump-sum investments less frequently.
Eventually, I also plan to make my FHSA self-directed and invest that money myself. I don't expect to buy a house for at least 10-15 years, which is why I haven't prioritized maxing out my FHSA yet.
I'm completely new to this, so I want to make sure I'm not overcomplicating things or making unnecessary mistakes.
My main questions are:
1. **What would you invest the initial $20k in, and roughly how would you allocate it?**
2. **Does my idea of favouring U.S. investments make sense, or would something like XEQT alone already give me enough U.S. exposure?**
3. **Out of my TFSA, RRSP, and eventually self-directed FHSA, which accounts would you prioritize for holding my investments, and what types of investments would you put in each?**
4. **Does my plan of using Wealthsimple for Canadian investments/DCA and TD + Norbert's Gambit for U.S. investments make sense, especially if my U.S. contributions will have to be larger lump sums rather than regular DCA?**
I'm investing for the long term and not looking to day trade or get rich quickly. I just want to build a solid portfolio while I'm young and get started the right way.
Would really appreciate any advice!