I get a 5% RRSP match through my union, so there’s money going into a group RRSP every paycheque. The fund menu is whatever the plan offers, I don’t get to pick individual ETFs in there. Separately I have a self directed TFSA where I hold four ETFs at weights I chose myself. I’ve been treating them as two separate things, but I’m starting to think that’s wrong. If the group RRSP is sitting in some balanced fund with bonds in it and my TFSA is 100 percent equity, then my actual overall allocation isn’t what I think it is. So do you look at your total across every account and set one allocation, then fill each account with whatever fits best? Or do you let each account do its own thing? Asking because the group RRSP options are limited. If I’m coordinating them I’d want the constrained account holding whatever it’s least bad at, and the TFSA doing the rest.
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2 Comments
Wadeaaaaaaa Clarkaaaaaaa@Elliottaaaaaa · 21d
I like to look at all the accounts the same way. I hold a global index. Its fits in all with little thought
We @Hubba · 21d
Yes you should look at the holistic portfolio across different financial institutions. Good on you for taking the 5% match.
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