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  5. BAM: My 2 adult children have put in the $8000 in the first time home buyers account with the intention of adding the max in the next 3 years. [Brookfield Asset Management Ltd. Class A Limited Voting Shares]
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Q: My 2 adult children have put in the $8000 in the first time home buyers account with the intention of adding the max in the next 3 years. This would be a 3-5 year potential hold until they can buy their first home. What 3-5 stocks would be a good fit for this plan?

Thanks
Doug
Asked by Doug on October 22, 2023
5i Research Answer:

The time frame is still relatively short, but with new money coming in regularly we would be OK with some conservative equity exposure. We would suggest SLF, BAM, CNR, ATD, TRI, H for a mix of sectors, growth potential and income. 

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