Key insights
- A Canadian student is building a long-term portfolio with a focus on ETFs and a few individual stocks. The portfolio is heavily weighted towards US and Canadian market ETFs, with smaller positions in individual stocks across various sectors. The main goal is long-term growth through dollar-cost averaging into ETFs.
Started building my long-term portfolio at 21 as a student in Canada. Trying to keep it simple and balanced between ETFs and a few individual stocks.
Current allocation:
- Vanguard S&P 500 Index ETF (US Market ETF) — 40% * Vanguard FTSE Canada All Cap Index ETF (Canadian Market ETF) — 35%
Individual stocks:
- Tech — Microsoft Corporation * Space/Defense — MDA Space Ltd. * Consumer Defensive — Dollarama Inc. * Energy — Canadian Natural Resources Limited
Main goal is long-term growth with most money going into ETFs through DCA. Individual stocks are smaller positions where I have higher conviction.
Would appreciate any thoughts, risks you see, or sectors I might be missing.