Investing Approach

I believe that every responsible investor should amend to their rules for investing. With that said below are my rules for how I will be constructing my portfolio.

Non-registered dividend portfolio:

• Invest in companies who has a dividend yield of 3.5% or higher. So I'll be a more aggressive investor who is willing to take on a bit more risk.
• Invest in numerous assets class but no more than 3 of each. For example, telecommunications - only 3 companies or banks - only 3 companies.
• Diversified (as mention in my last point).

TFSA:

• With my TFSA I prescribed to an index portfolio using Dan Bortolotti Canadian Couch Potato strategy as found on his site (http://www.canadiancouchpotato.com). I will be using the TD e-series funds as my funds.
• I plan to rebalance twice a year to a 70/30 split of stocks and bonds ( I decided on this split because I'm still relatively young at only age 24 so I believe I can take on more risk).

RRSP:

• Invest in American stocks so I won't be dinged with fees.
• Invest in companies who has a dividend yield of 2.5% or higher.
• Invest in numerous assets class but no more than 3 of each (Diversified!).
• Mutual fund: TD Dividend Growth Fund (Will no longer be contributing).

HISA:

• High interest savings account.