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  5. XIC: My daugter is 22 years old, finishing her last year of university. [iShares Core S&P/TSX Capped Composite Index ETF]
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Investment Q&A

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Q: My daugter is 22 years old, finishing her last year of university. She has some extra cash ($2500) and has just opened a TFSA. What stock or ETF would you buy today? Can you give a few options and put them in order of risk?
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Asked by kevin on September 14, 2021
5i Research Answer:

With a small amount of money and with the presumption of a long time frame, we would prefer to start with an ETF, for diversification and low costs. XIC, VGRO or IWO can be suggested, in that order.