TFIA account

[Vince]

Which ETF's do you guys recommend for the tax free account? Mine is not working for me AT all even SATRIX40 is really struggling.

thanks

[Russ]

Hi Vince, a few days ago I went through all the TFSA instruments as I am looking to buy some more in early March. I held stxres from Feb/March 2016 until 30 Nov 2016 when I sold them. They did pretty well. On 3 Jan 2017 I bought stxind which is doing ok. When I went through the list I marked several of them that looked interesting for the next few months at least. Unfortunately I am not at home and will only have access to my list tomorrow. I will have another look when I get home and give you my views then. I believe the current year for buying TFSA ends on 28 Feb so those who are not in can buy before end Feb and again in early March (which is what I did last year)). I will probably stay with stxind for a while but I want to buy something else in March to spread the risk.It is important to note that when you sell a TFSA instrument you must leave those funds in the TFSA account where they can gain interest until you buy again. As other forumites pointed out to me a while back, if you take the money out of that account you can't put it back in again!

[Vince]

Shot thx Russ that would be great. One question I have is how would they know if you placed the money back into your account? I keep adding money into my TFIA account whenever I have extra, so that money could come from anywhere.

My ETF's:

CORESEW40

DBXFT100

DBX WORLD

SATRIX 40

SATRIX FINI

SATRIX INDI

Any comments/recommendations welcome.

thanks again.

[Galuc]

STXDIV is my next batch

[Russ]

Vince, in order of preference I like stxfin and stxdiv.