For the majority of it, yes (or whatever the roboadvisor is doing haha--a lot of VTI, XEF, EEMV etc), but at least some of it is just employee company stock, which performed very well. I'm pretty sure a lot of the "lift" came from the performance of all the past underlying ETF pruchases.
Vanguard's Total Stock Market Index fund (VTSMX) holds over 3 million Tesla shares. Index funds can follow any index.
Even if we cash out our investments, withdrawing 3% a year lasts 33 years. The investments don't even really move the dial on a yearly basis, if they were $100k, it'd only be $3k/yr. They're not quite that bad, but we've been neglectful on saving for retirement. It seems like SS and her pension - even if absolutely gutted - are going to serve us pretty well.
or you can be just like me and HOLD ;) That's good though that they're providing ACB to make it easier to do your taxes and reduce errors!
If you're doing all these trading inside TFSA, isn't that tax free and therefore, what's the purpose of keeping track of these ACB?
thecollegeinvestor.com
You actually can't open a brokerage account for minors I believe... maybe this article will help:
How To Start Investing In High School
While minors can't open brokerage accounts, there are ways for teenagers to start investing in high school.
Lol yeah, its pretty bleak for me so far this year. I actually wanted to log on and see if I was negative overall or not (I'm not). Either way, not too worried for once cause as people have taught me enough in this thread, time in the market matters more than timing the market.
I'm buying the dip now though, haha... sticking with the good old market index ETFs. I expect next week to go up and who knows after that. A week of pretty straight downward trend is a decent correction already and due for a rebound. Whether it's a dead cat bounce is another matter.
The absolute numbers that go down are so hard to see despite what my logic tells me. So yeah, sometimes I'll peek, freak out at such a high difference (well more than I even make in a year) and then close it and try to ignore it for a long time. Changed my monthly purchases to be completely automatic so I don't have to open my Fidelity account at all.
A lot of my networth is emergency fund cash and a protected pension, thankfully, but hopefully this will be.. a very long ride yet.. Upwards.
I have so much cash waiting around in a savings account but I have to use it for a very expensive renovation instead and it's killing me a little bit.. (though the 2.8% interest it's gaining kind of soothes the pain of market turmoils right now).
So you're holding off till that "Trump re-elected rebound", eh? I SEE YOU SMILEY!
