A lot has happened in the past 6 months, hey? 
Their portfolio has changed slightly as we decided to add a preferred ETF into their portfolio and reduce their bond allocation.
2013 Investment Goals
- Max out TFSA contribution – $5,500. Completed!
- Any remaining money will go into RRSP – $34,750
2014 Investment Goals
- Max out TFSA contribution – $5,500.
- Any remaining money will go into RRSP.
- Open a non-registered investment account.
Target Asset Allocation
Canadian equities: 25% (XIC)
US equities: 27.5% (VTI)
International equities: 27.5% (VEU, VXUS)
Canadian bonds: 10% (XBB)
Canadian REITS: 5% (XRE)
Canadian Preferred: 5% (ZPR)
Current Portfolio (as of December 31, 2013)
| Accont | Holding | Shares | Market Value |
| TFSA | XIC | 1,107 |
$23,770 |
| XRE | 310 |
$4,750 |
|
| Cash |
$70 |
||
| RRSP | VEU | 257 |
$13,040 |
| VTI | 301 |
$28,870 |
|
| VXUS | 287 |
$15,030 |
|
| XIC | 211 |
$4,530 |
|
| XBB | 440 |
$13,160 |
|
| ZPR | 377 |
$5,240 |
|
| Cash |
$360 |
||
| IA | T | 36 |
$1,340 |
| Total |
$110,160 |
As it currently stands, their asset allocation is as follows:
Canadian equities: 27%
US equities: 26%
International equities: 25%
Canadian bonds: 12%
Canadian REITS: 4%
Canadian Preferred: 5%
Cash: 1%
2013 Dividends: $2,090.56
Notes:
They are in the processing of making their TFSA contribution for the year, as well as making a final RRSP contribution before the March 3, 2014 deadline.
Their return across both accounts was 13.50% for the year; I used this website to calculate it. Well, I calculated it using Excel, but figure I should use an independent resource to confirm as well as for consistency year after year!
My goal for their portfolio this year is to make purchases on a timely basis rather than try to time it; I know I say it every year, but I have to start somewhere!
What do you think readers?
Thanks for dropping by!
