Investment Strategy

0
0

I’m looking at starting a TFSA account for my wife (retired) and a portfolio of equal weighted Canadian Foundation stocks. Should I be looking at more of a diverse portfolio and include the US foundationals? Any thoughts?

Marked as spam
Asked on September 23, 2025 7:28 am
51 views
0
Private answer

If we assume your wife's portfolio is solely that TFSA, it would probably be a good idea to diversify outside of solely the Canadian market. However, there is an element here of her being retired, and likely spending most of her money in CAD, to have a more Canadian bias due to the need of Canadian currency.

So, this is actually where I think CDR's could come in handy. You can get exposure to the US stocks in Canadian dollars, getting dividends in Canadian dollars. The only added fee here is the 0.6%~ annual hedging fee from the CDRs. However, if your wife is retired and doesn't really want to deal with currency swings, hedging isn't all that bad of an idea anyways.

Marked as spam
Posted by Dan Kent
Answered on September 30, 2025 9:07 am