Q: I am going to retire in 2 years what company's would you suggest to put in a TFSA for a good stable passive income.
5i Research Answer:
A two year timeframe is very short for any concentrated equity exposure. Decisions have to be personal, but we would consider a balanced ETF such as VBAL with some bond and stock exposure, and good overall diversifcation. Much depends on other factors here, such as other assets and potential retirement income. But if money is to be withdrawn in two years we would exercise extreme conservatism.