Maybe I missed it but I didnt see any results of how the choice of shares have performed over the years. You have given your selection of etfs and their individual performance but not their weighting in your TFSA. What if 90% was allocated to the share the last one that has only done 8.6% since inception.
Hi David thanks a lot. I will have a look at the video. I have a suggestion for a article I'm not sure if you have covered it before. It is something I am working my way through currently trying to piece together information from different sources. The topic would be how you are going to be taxed when you retire. There is a lot of information of how you should invest your money now but very little about how the tax implications of each investment type when you draw out that money but especially when you draw out that money upon retirement. This would help a lot of people to make the most tax efficient choices now.
I came across this article that gives a general overview but it is missing quite a bit. I actually stumbled across it while trying to decide if an endowment plan is a good way to reduce tax. I had to search a few other articles and SARS tax tables etc to come to a decision.
Hi Vinesh,
Sorry, I never put the weighting in the article, but I did share that information in the video on YouTube.
My weightings are as follows:
+- 60% - GLODIV
+- 30% - ETF5IT
10% - PRETAX
I have a stronger weighting to offshore exposure.
Hope this helps. 😊
Maybe I missed it but I didnt see any results of how the choice of shares have performed over the years. You have given your selection of etfs and their individual performance but not their weighting in your TFSA. What if 90% was allocated to the share the last one that has only done 8.6% since inception.
Hi David thanks a lot. I will have a look at the video. I have a suggestion for a article I'm not sure if you have covered it before. It is something I am working my way through currently trying to piece together information from different sources. The topic would be how you are going to be taxed when you retire. There is a lot of information of how you should invest your money now but very little about how the tax implications of each investment type when you draw out that money but especially when you draw out that money upon retirement. This would help a lot of people to make the most tax efficient choices now.
Thank you for the suggestion. It’s a great topic.
I will work on it. Will take some time to research and gather the correct info.
I came across this article that gives a general overview but it is missing quite a bit. I actually stumbled across it while trying to decide if an endowment plan is a good way to reduce tax. I had to search a few other articles and SARS tax tables etc to come to a decision.
https://businesstech.co.za/news/banking/500757/here-are-the-basic-taxes-you-should-know-about-if-youre-investing-your-money/?utm_source=pocket_mylist