Buy ETFs They Said, Diversify They Said..

[Anonymous No.673964]

So, ugh, what's going on?

Even the fucking Canadian Bond fund is taking a shit.

Also portfolio threada.

[Anonymous No.673965]

>>673964

You have fractions of shares there, you have DRIPs set up for your ETFs right? ETFs aren't really meant for short term gains although it is possible to get lucky and treat em like stocks.

The approach I recommend is to keep your DRIPs active and reinvest the dividends while also doing research into other funds and diversify even further.

[Anonymous No.673966]

>getting upset over a 0.07% loss
It's just noise.

[Anonymous No.673972]

>>673966

Plus they being ETFs you're likely never going to see big sudden dips or gains.

Depends on how many companies are involved in each ETF. Some ETFs will comprise of 8 companies while others will have 50, and in the latter case you'll never notice anything big even if a few of them tank. In a recession though, everything tanks but ETFs should be for the long term, wait it out and keep reinvesting your dividends and big chunks of your paychecks.

[Anonymous No.673973]

>>673966

The mistake I think is that I loaded in just recently, when equity prices were at their peak, so I probably made a mistake of buying into lower value, but in the end I know the markets will rebound and continue to perform.

I guess I should make my bonds a greater weighting of my portfolio to cushion the equity volatility.

>>673965
>ETFs aren't really meant for short term gains although it is possible to get lucky and treat em like stocks.

Oh, I'm aware of it. Not familiar with the DRIP concept..

[Anonymous No.673980]

>>673973

I just thought you had DRIPs(Dividend Re-Investment Plan) set up due to you having fractions of shares. Are you with TD? Some brokerages will take the full amount of dividends you receive and if there isn't enough to make purchase a full share with the last bit they use it to invest in a fraction of a share.

[Anonymous No.673981]

>>673972

Here's the break-down of my US Index fund, and how much they're exposed to US companies.

[Anonymous No.673982]

>>673964

no one told you not to perform correlation matrix analysis, HMM clustering models or PCA.

>bogle tho
>buffett tho

[Anonymous No.673985]

>>673980
>I just thought you had DRIPs(Dividend Re-Investment Plan) set up due to you having fractions of shares.

I don't. Is there a benefit to doing so? How do I request this?

>Are you with TD?

Yep, Waterhouse. And these aren't pure index funds, but basically in-house electronic only mutual funds that the bank offers to its clients with management fees nearly as low as ETFs. Plus no commissions.

[Anonymous No.673987]

>>673985

>I don't. Is there a benefit to doing so?

There are pros and cons but they are both minor and it doesn't matter too much in the end. If you set up a DRIP you save yourself the hassle of manually reinvesting dividends, plus in some cases it can make you avoid paying certain commissions. Sometimes it may be better to not have a DRIP and use your dividends to invest in other funds/stocks.

So it's really just a personal preference, not all brokerages will offer the DRIP option though I think.

[Anonymous No.673989]

>>673964
This is just sad to watch $$ sit there and do nothing. Time to pick riskier EFTs OP.

[Anonymous No.673990]

Jesus man, you've own these funds for less than two weeks and you're bitching on the internet about a 0.07% decline? Maybe you don't have the maturity to be in the markets.

>And I know you just bought the funds recently because stocks were up almost 4% in the month of February.

[Anonymous No.673991]

>>673987

I ticked off the option of automatically re-investing dividends upon purchasing the units, so I guess that solves that.

Out of curiosity, how do you receive a dividend from a fund that holds hundreds or thousands of different shares?

They don't write me a cheque every quarter do they?

Here's a list of TD's index funds, I've been eye-balling some of the emerging market funds because that's where the sensational growth is going to be in the next decades. Oh yeah, I'm long term.

https://www.tdcanadatrust.com/products-services/investing/mutual-funds/td-eseries-funds.jsp#what-does-td-offer

Short term fluctuations (like in OP) don't really phase me.

[Anonymous No.673997]

>>673990

kek, I was up $300 in the first 4 days. I really just wanted to start a thread and talk to seasoned people.

>>673989

As tempting as it is, I want this to be my stable "principle" kernel that I can always fall back on. It's not a large amount anyway. Once I graduate and start making a decent income I think I will take on some riskier ETFs.

What do you recommend?

[Anonymous No.674085]

>>673997
if you haven't realized by now money over a few days doesn't mean much in etfs or mutual funds but what results are at the end of a year.

[Anonymous No.674095]

>>673964
>2115 - 100
>not getting tangerine mutal index funds

pls step ur game up m8 even the least risky of them has grown 10-15% yearly

[Anonymous No.674113]

>>673997
Do your own research. Start here
www.3xetf.com/

[Anonymous No.674135]

>>673964

TD eseries funds are mutual funds, not ETFs.

Still, market volatility is a normal thing and that's a great portfolio for the long term.

[Anonymous No.674136]

>>674095

TD eseries funds are better than Tangerine's. Tangerine's funds have a 1.07% MER whereas the TD eseries funds have around a 0.45% MER. They're all index funds so their holdings are practically identical.

[Anonymous No.674142]

>>674136
Canadian couch potato called them "the one fund solution" though, despite the high MER

[Anonymous No.674143]

>>674142

Yes, they did. TD's eseries funds are still better though, due to the ~0.6% higher expected return.

[Anonymous No.674146]

>>674143
fuark... should I switch then?

[Anonymous No.674152]

>>674146

Probably. I suggest to do it.

[Anonymous No.674154]

>>674152
Do I have to be a Canadian citizen/currently living there to be able to purchase canadian index funds? What would happen if someone moved?

[Anonymous No.674163]

>>674154

I'm not sure. Wish I knew.

[Anonymous No.674229]

>>674154

Jeez dude, I'm pretty sure there is a comparable product in a market as vast as the US.

But if you insist, TD does have a US presence.

One of the benefits of being Canadian in this context is that I purchase all of these e-Series funds from a tax-free savings account, which means all of the investment income from my equities is tax-free.

[Anonymous No.674235]

>>674229
Oh ok I'm from Canada as well I was just wondering what would happen if I were to move.

Can I use a TFSA to buy tangerine funds as well? Or is that only possible for td eseries

[Anonymous No.674242]

>>674235

>Oh ok I'm from Canada as well I was just wondering what would happen if I were to move.

As long as you remain a Canadian citizen, I believe you're entitled to a TSFA, but might want to call up a professional to confirm the details.

>Can I use a TFSA to buy tangerine funds as well?

You can, if you set up a TFSA with Tangerine. I think they have such upon quick glance of their products.

E-Series funds however are proprietary to TD customers.

[Anonymous No.674246]

>>674242
Ay thanks bro. the .60% MER less does seem quite a bit better, I'll probably go with that.

[Anonymous No.674257]

>>674246

Np m8.

I think TDB911 the international index fund is going to grow like a son of a whore this year, because it's mostly Eurofag firms, and banks, and they're being heavily re-capitalized with freshly printed Eurobucks by the ECB.

[Anonymous No.674672]

>>673964
NIGGA ARE YOU SWEATING ABOUT 12 DOLLAS

JUST CLOSE YOUR EYES AND DONT LOOK AT YOUR FUNDS UNTIL 5 YEARS FROM NOW

[Anonymous No.674917]

At least my cash is making $300/month

[Anonymous No.674927]

>>673964
Excuse the noob question but what site do I use for the portfolio?